NA Plastic Compounding Market - Industry Trends and Forecast to 2029

North America plastic compounding market is projected to register a 4.5% 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:

 
North America 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, Mexico) Industry Trends and Forecast to 2029

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

• Shifting preference to bio-based and recycled plastics 

• Ongoing development in catalyst technologies to increase the performance, and yield of PE resins

Market Players:

Some of the key players in the North America 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