APAC Plastic Compounding Market - Industry Trends and Forecast to 2029

Asia-Pacific plastic compounding market is projected to register a 5.2% CAGR in the forecast period of 2021 to 2029. The new market report contains data for the historic years 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029

Market Segmentation: 

Asia-Pacific Plastic Compounding Market, By Product Type (Polyethylene (PE), Polypropylene (PP), Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Poly Vinyl Chloride, Polystyrene, Polyethylene Terephthalate (PET), Poly-Butylene Terephthalate (PBT), Polyamide (PA), Polycarbonate, Acrylonitrile Butadiene Styrene, and Others), Source (Fossil-Based, Bio-Based, and Recycled), Additive Type (Fillers, Anti-Oxidants, Colorants, UV Stabilizers, Reinforcement Agents, Flame-Retardants, Anti-Foaming Agents, Oxygen Scavengers, Blowing Agents, and Others), Manufacturing Process (Injection Molding, Extrusion, and Others), Application (Automotive, Building & Construction, Packaging, Electrical & Electronics, Medical, Optical Media, Consumer Goods, Industrial Machinery, Textiles, and Others), Country (Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, New Zealand, and the rest of Asia-Pacific) Industry Trends and Forecast to 2029

Some of the major factors contributing to the growth of the Asia-Pacific plastic compounding market are:

• Increasing demand for plastic compounding in infrastructure development

• Growing advantages and superior physical properties of plastic compounds

Market Players:

Some of the key players in the Asia-Pacific plastic compounding market are: 

• DuPont
• BASF SE
• Dow
• Arkema
• KURARAY CO., LTD.
• Asahi Kasei Corporation
• RTP Company
• Ravago
• LyondellBasell Industries Holdings B.V (A Subsidiary of LyondellBasell)
• KRATON CORPORATION (A Subsidiary of DL Chemical Co., Ltd.)
• Akro-Plastic GmbH
• Exxon Mobil Corporation
• DSM
• SABIC
• Sojitz Corporation
• Celanese Corporation
• HEXPOL AB
• Covestro AG
• LG Chem
• Eni
• LANXESS
• INEOS