Global Plastic Compounding Market - Industry Trends and Forecast to 2030

Global plastic compounding market is projected to register an 4.9% 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:
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), Geography (Germany, Italy, France, U.K, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, Luxemburg, Slovenia, and Rest of Europe), Industry Trends and Forecast 2030.

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

• Shifting Preference Towards The Adoption Of Lightweight Materials For Production Of Automotive Parts
• Growing Demand Of Plastic Compounding In Electric Vehicles And Light Weight Vehicles

Market Players:

Some of the key players operating 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
• Celanese Corporation
• LANXESS 
• INEOS