The global plastic compounding market size reached US$ 68.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 111.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032. More Info:- https://www.imarcgroup.com/plastic-compounding-market

1. Global Plastic
Compounding Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
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results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Plastic Compounding
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 204-2032," the global plastic compounding market size reached US$
68.9 Billion in 2023.
Plastic compounding is the process of blending plastics with additional
materials, such as fillers, fibers, additives, and colorants, to change the
physical and aesthetic characteristics of plastics. It involves various stages,
such as determining additives ratio, mixing via twin-screw extruders, cooling,
and cutting and packaging.
It can also help improve the conductivity, toughness, and flame and wear
resistance of plastics. Owing to these benefits, plastic compounding finds
extensive applications in the healthcare, electronics, and transportation
industries across the globe.
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4. Report Description
Global Plastic Compounding Market Trends:
The market is primarily driven by the increasing utilization of plastics in the automotive industry. Nowadays,
plastic is widely replacing heavy materials, such as metal and glass, as it helps in reducing the weight of the
vehicle. In addition, plastics developed through plastic compounding are widely used to manufacture furniture,
toys, pipes, seals, floor coverings, cables, appliances, and profiles for windows and doors, which represents
another major growth-inducing factor.
Besides this, materials like polypropylene (PP) find extensive applications in stationery, textiles, loudspeakers,
laboratory equipment, and food packaging containers. This, coupled with the expanding aerospace industry, is
contributing to market growth. Moreover, rapid industrialization and significant growth in the construction sector
are also creating a positive market outlook across the globe.
Looking forward, IMARC Group expects the market value to reach US$ 111.1 Billion by 2032, exhibiting a
CAGR of 5.3% during the forecast period (2024-2032).
View Report TOC, Figures and Tables: https://www.imarcgroup.com/plastic-compounding-market

5. Report
Segmentation
Breakup by Product:
• Polyethylene (PE)
• Polypropylene (PP)
• Thermoplastic Vulcanizates (TPV)
• Thermoplastic Polyolefins (TPO)
• Polyvinyl Chloride (PVC)
• Polystyrene (PS)
• Polyethylene Terephthalate (PET)
• Polybutylene Terephthalate (PBT)
• Polyamide (PA)
• Polycarbonate (PC)
• Acrylonitrile Butadiene Systems (ABS)
• Others
Breakup by Application:
• Automotive

6. Report
Segmentation
• Building & Construction
• Electrical & Electronics
• Packaging
• Consumer Goods
• Industrial Machinery
• Medical Device
• Optical Media
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7. Competitive
Landscape with
Key Players
• Adell Plastics Inc.
• Agiplast
• Asahi Kasei Corporation
• Aurora Plastics LLC
• BASF SE
• Celanese Corporation
• Coperion GmbH (Hillenbrand Germany Holding
GmbH)
• Covestro AG
• K.D. Feddersen
• LyondellBasell Industries Holdings B.V.
• Ravago Manufacturing India Pvt. Ltd.
• Solvay S.A

8. Key Questions
Answered in
the Report
What was the size of the global plastic compounding market
in 2023?
What is the expected growth rate of the global plastic
compounding market during 2024-2032?
What are the key factors driving the global plastic
compounding market?
What has been the impact of COVID-19 on the global plastic
compounding market?
What is the breakup of the global plastic compounding market
based on the product?
What is the breakup of the global plastic compounding market
based on the application?
What are the key regions in the global plastic compounding
market?
Who are the key players/companies in the global plastic
compounding market?

9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Plastic Compounding Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Polyethylene (PE)
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Polypropylene (PP)
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Thermoplastic Vulcanizates (TPV)
6.3.1 Mark et Trends
6.3.2 Mark et Forecast

10. Table of
Contents
6.4 Thermoplastic Polyolef ins (TPO)
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
6.5 Polyvinyl Chloride (PVC)
6.5.1 Mark et Trends
6.5.2 Mark et Forecast
6.6 Polystyrene (PS)
6.6.1 Mark et Trends
6.6.2 Mark et Forecast
6.7 Polyethylene Terephthalate (PET)
6.7.1 Mark et Trends
6.7.2 Mark et Forecast
6.8 Polybutylene Terephthalate (PBT)
6.8.1 Market Trends
6.8.2 Mark et Forecast
6.9 Polyamide (PA)
6.9.1 Mark et Trends
6.9.2 Mark et Forecast
6.10 Polycarbonate (PC)
6.10.1 Mark et Trends
6.10.2 Mark et Forecast
6.11 Acrylonitrile Butadiene Systems (ABS)
6.11.1 Market Trends
6.11.2 Mark et Forecast
6.12 Others
6.12.1 Mark et Trends
6.12.2 Mark et Forecast
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https://www.imarcgroup.com/plastic -compounding-market/toc

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