Global Plastic Compounding Market – Industry Trends and Forecast to 2026

  • Chemical and Materials
  • Upcoming Report
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Plastic Compounding Market By Product (Polyethylene, Polypropylene, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Poly Vinyl Chloride, Polystyrene, Polyethylene, Polybutylene Terephthalate, Polyamide, Polycarbonate, Acrylonitrile Butadiene Styrene, Others), Application (Automotive, Construction, Electrical & Electronics, Packaging, Consumer Goods, Industrial Machinery, Medical Devices, Optical Media, Others), Type (Polymer/Copolymers, Additives), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Plastic Compounding Market

Global plastic compounding market is set to witness a substantial CAGR of 6.08% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rapid industrialization and technological advancement in electrical and electronic companies are the factor for the growth of this market.

Market Definition: Global Plastic Compounding Market

Compounding is a process in which plastics are manufactured by combining or mixing the different polymers or additives at a molten state. These blends are generally dosed automatically via feeders / hoppers with setpoints. They have the ability to change the physical, thermal, electrical and aesthetic characteristics of the products. Extrusion is mainly used for the compounding. These plastic compounding are widely used in industries such as automotive, electrical and electronics, industry, medical and others.

Market Drivers:

  • Rising disposable income will drive the market growth
  • Increasing demand in construction sector mainly in flooring, insulation materials, storage tanks can also act as a market driver
  • Growth in automotive industry will also enhance the growth of this market
  • Rising demand and large investment in the water and sanitation management including irrigation, power and transport will boost the market growth

Market Restraints:

  • High cost in the price of the raw materials including polymers, additives and fillers will restrain the market growth
  • Environmental regulations associated with the plastic recycling will also hinder the market growth
  • Fluctuation in the price of crude oil and petrochemical

Segmentation: Global Plastic Compounding Market

By Product

  • Polyethylene
  • Polypropylene
  • Thermoplastic Vulcanizates
  • Thermoplastic Polyolefins
  • Poly Vinyl Chloride, Polystyrene
  • Polyethylene
  • Polybutylene Terephthalate
  • Polyamide
  • Polycarbonate
  • Acrylonitrile Butadiene Styrene
  • Others

By Application

  • Automotive
  • Construction
  • Electrical & Electronics
  • Packaging
  • Consumer Goods
  • Industrial Machinery
  • Medical Devices
  • Optical Media
  • Others

By Type

  • Polymer/Copolymers
  • Additives

    • Anti-Oxidants
    • UV Stabilizers
    • Reinforcement Agents
    • Colorants
    • Others

      • Laser-marking
      • Thermo-stabilizer
      • Anti-microbial
      • Flame-Retardant
      • Anti-static
      • Anti-block
      • Anti-foaming Agents
      • Metal Deactivators
      • Oxygen Scavenger
      • CO2 Barrier Agents

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • France
    • Italy
    • U.K.
    • Belgium
    • Spain
    • Russia
    • Turkey
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • UAE
    • Saudi Arabia
    • Egypt
    • South Africa
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In April 2019, MOL Group announced the acquisition of Aurora so that they can enter into recycled plastic compounding market. This will help the company to provide high quality polypropylene, polyamide and recyclate-based compounds. The main aim of the acquisition is to strengthen their petrochemical business and help them to expand in the automotive supplier market
  • In August 2018, LyondellBasell announced the acquisition of A. Schulman, Inc. a leading supplier of high-performance plastic compounds. This acquisition will help the company to strengthen their position in the market and will also help them to expand their business. It will also double the LyondellBasell's existing compounding business and will enhance their reach in the market

Competitive Analysis:

Global plastic compounding market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plastic compounding market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global plastic compounding market are BASF SE, SABIC, Dow, LyondellBasell Industries Holdings B.V., KRATON CORPORATION., DuPont de Nemours, RTP Company, 3M, Asahi Kasei Corporation, Covestro AG, WASHINGTON PENN PLASTIC CO., INC., Eurostar Engineering Plastics, KURARAY CO., LTD., TEIJIN LIMITED, LANXESS, Solvay, Ravago, Heritage Plastics, Inc., Sumitomo Bakelite Co., Ltd., Nova Polymers, Inc., Adell Plastics and others.

Research Methodology: Global Plastic Compounding Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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