APAC Plastic Compounding Market - Industry Trends and Forecast to 2030

Asia-Pacific plastic compounding market is projected to register an 5.4% CAGR in the forecast period of 2023 to 2030. The new market report contains data for the historic years 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.

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), Geography (Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, New Zealand, and the rest of Asia-Pacific), Industry Trends and Forecast 2030.

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

• Demand for plastic compounding by this industry in flooring, insulation materials, storage tanks coupled with growth owing to the expansion of the buildings and construction industry
• Builders, and service consultants are continuously seeking ways and focusing on development to augment energy efficiency in buildings

Market Players:

Some of the key players operating in the Asia-Pacific 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
• Celanese Corporation
• LANXESS 
• INEOS