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BYK ADDITIVES & INSTRUMENTS Presence in Antiblock Additive
BYK Additives & Instruments has a strong foothold in Asia, America, and Europe. The company focuses mainly on inorganic growth strategies to strengthen its position in antiblock additives market. The R&D expenditure of the company in 2016 was USD 57.7 million. The focus on strengthening its polymer additives solutions can be witnessed in its acquisition strategy. Also, the company expanded its additive production facility in the U.S. to cater to the customers more efficiently.
#1 Breadth of Applications Served / New product development/innovation
#2 Breadth of Applications Served / Frequency of commercializing new products / Time to market new products
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#4 Breadth of Applications Served / Focus on sustainable or green technologies for new products (if applicable)
#5 Product Coverage across End-use Industries / Width of product portfolio (in terms of applications)