Global Market for Plastics Compounding

Global Market for Plastics Compounding

Report Scope

This report covers some of the parameters of plastic compounding examined by industries and regulatory bodies due to their growing advances and expansions in the plastic sector. It primarily focuses on plastic compounding polymers, additives and their industrial application in such industries as transportation, electronics and electrical, packaging, construction, medical and healthcare and consumer goods. BCC Research analyzed essential categories and regions to determine the present and future plastic compounding market status, and then forecast market growth from 2024 through 2029. This report also discusses market strategies, market ESG development, regulatory landscape, key players in countries, plastic compounding analysis and market driving forces. The report segments the market by region based on Asia-Pacific, Europe, North America and the Rest of the World (RoW).

The growing global industrialization has increased the demand for plastic compounding, requiring enhanced such properties as recyclability, flame resistance and longer life, which are driving factors that will propel market growth. Developing new plastic products and adopting recycled and bio-based manufacturing practices contribute to the market’s necessity. The plastic compounding market plays a crucial role in addressing the challenges of plastic demand and industrial productivity.

The global plastic compounding market is segmented into:

Product type: Polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyrene (PS) and others.

Source: Fossil based, recycled and bio-based.

Additives: Plasticizers, flame retardants, fillers and reinforcements, stabilizers, antioxidants, -colorants and others.

End Use: Packaging, transportation, construction, electronics and electrical, consumer goods, medical and healthcare, and others.

The market estimations and size are provided in terms of value ($ millions) and volume (Kilo tons), with 2023 serving as the base year and market forecasts given for the period from 2024 to the end of 2029. Regional-level market sizes, with respect to technology and application, are also provided.

Report Includes

106 data tables and 39 additional tables

Analysis of the global markets for plastics compounding process

Analyses of the global market trends, with market revenue data for 2022, estimates for 2023, forecasts for 2024 and projected CAGRs through 2029

Estimate of the current market size and revenue growth prospects in value and volumetric terms, with a market share analysis by product type, source, additives, end user and region

Facts and figures pertaining to market dynamics, current and emerging technologies, regulations, and trends, including macroeconomic factors

Review of key plastics additives used in plastics compounding and advances in plastics compounding-based equipment and machinery

Overview of sustainability trends and ESG developments in the industry, with a focus on consumer attitudes, companies’ ESG score rankings and their ESG practices.

A look at recent patent activity

Identification of the major resin producers, key plastics processors and independent compounders, along with their product lines, and estimated sales

An analysis of the industry structure, including companies’ market shares, M&A activity and venture funding outlook

Company profiles of major players within the industry, including BASF SE, Mitsui Chemicals Inc., LyondellBasell Industries, and Dow.

Companies Mentioned

AMCO POLYMERS
BASF SE
CELANESE CORP.
COVESTRO AG
DOW
EXXON MOBIL CORP.
MITSUI CHEMICALS INC.
LANXESS
LYONDELLBASELL INDUSTRIES N.V.
SABIC