Global Plastic Compounding Market - Industry Trends and Forecast to 2029

Global plastic compounding market is projected to register a 4.8% CAGR in the forecast period of 2022 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: 

Global 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 (U.S., Canada, and Mexico, Germany, the U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, Luxemburg, and the rest of Europe, Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, New Zealand, and the rest of Asia-Pacific, South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, and the Rest of the Middle East and Africa) Industry Trends and Forecast to 2029

Some of the major factors contributing to the growth of the global plastic compounding market are:

• Shifting preference toward the adoption of lightweight materials for the production of automobile parts 

• Multiple and varied applications scope of plastic compounding

Market Players:

Some of the key players in the global plastic compounding market are: 

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