Product Code: 1533
The global plastic compounding market is expected to grow considerably through 2032 owing to the growing use of plastic in construction activities, automotive, and aerospace industries.
The industry is likely to face certain setbacks due to the fluctuating crude oil prices, which may hinder market growth through the analysis timeframe. However, leading industry players are actively partaking in partnerships and acquisitions to expand their product portfolio in the overseas market. Moreover, some of the major organizations operating in the industry are taking up initiatives to improve the research & development process to foster product innovation, which will in turn help in propelling the market growth.
The plastic compounding market has been bifurcated in terms of type, application, and region.
Based on application, the construction segment is slated to grow at more than 5% CAGR from 2023 to 2032. Plastics are used in building activities owing to their durability and affordability. The primary applications of plastic in the building sector include insulation, flooring, walls, roofing, doors, and windows. Plastic screws, hinges, and larger plastic pieces used in flooring, decorations, waterproofing, and wall coverings are among the components employed in the sector.
Meanwhile, the automotive segment is anticipated to flourish at a faster pace over the review timeline. Regulations in Western markets, such as the EU and the U.S., are intended to reduce the weight of vehicles, which is the main factor driving the consumption of plastic in cars. Plastics have been used in place of metal parts in manufacturing processes, and vehicle designs have changed in an effort to reduce weight. Future applications of plastic compounding in the automotive sector will benefit from these characteristics.
From the regional perspective, the Asia Pacific plastic compounding industry is speculated to witness sizable growth by the end of the research period. In 2022, Asia Pacific was the largest and fastest-growing region in the plastic compounding industry. This will result in high demand for plastics in a variety of items in the upcoming years, which can be ascribed to increasing construction and the region's consumer goods industry. The expansion of the APAC plastic compounding market is expected to be further fueled by the growing number of automobile production facilities due to the abundance of trained personnel and raw materials.
The competitive landscape of the plastic compounding market is largely recognized. Some of the key players involved in the industry include the Dow Chemical Company, LyondellBasell Industries, BASF SE, Kraton Corporation, Solvay SA, Owens Corning Corp., Aurora Plastics LLC, Foster Corporation, Saudi Basic Industries Corporation (SABIC), as well as RTP Company.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market definition
- 1.2 Base estimates & working
- 1.2.1 North America
- 1.2.2 Europe
- 1.2.3 Asia Pacific
- 1.2.4 Latin America
- 1.2.5 Middle East & Africa
- 1.3 Forecast calculations
- 1.3.1 COVID-19 impact calculations on industry forecast
- 1.3.2 Forecast parameters
- 1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
Chapter 2 Executive Summary
- 2.1 Global plastic compounding industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.3 End-user trends
- 2.1.4 Regional trends
Chapter 3 Plastic Compounding Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry size and forecast, 2018 - 2032
- 3.2.1 COVID-19 impact on industry landscape
- 3.3 Industry ecosystem analysis
- 3.3.1 Vendor matrix
- 3.3.1.1 List of key manufacturers/suppliers
- 3.3.1.2 List of key raw material suppliers
- 3.3.2 Distribution channel analysis
- 3.3.3 Value chain disruption analysis
- 3.4 Industry impact forces
- 3.4.1 Growth drivers
- 3.4.1.1 Growing construction industry
- 3.4.1.2 Increasing product application in automotive sector
- 3.4.2 Industry pitfalls & challenges
- 3.4.2.1 Environmental regulations regarding plastic recycling and
- 3.4.2.2 Oscillating crude oil prices
- 3.5 Bio-based plastic compounding market potential & scope
- 3.5.1 Technology landscape
- 3.5.2 Penetration price
- 3.5.3 Commercialization status
- 3.5.4 Potential customers
- 3.6 Regulatory trends
- 3.6.1 U.S.
- 3.6.2 Europe
- 3.6.3 China
- 3.7 Pricing analysis
- 3.7.1 Regional pricing (including COVID-19 impact)
- 3.7.2 Cost structure analysis
- 3.7.2.1 R&D cost
- 3.7.2.2 Manufacturing & equipment cost
- 3.7.2.3 Raw material cost
- 3.7.2.4 Distribution cost
- 3.7.2.5 Operating cost
- 3.7.2.6 Miscellaneous cost
- 3.8 Innovation & sustainability
- 3.9 Growth potential analysis, 2022
- 3.10 Patent landscape
- 3.11 Porter's analysis
- 3.11.1 Supplier power
- 3.11.2 Buyer power
- 3.11.3 Threat of substitutes
- 3.11.4 Threat of new entrants
- 3.11.5 Competitive rivalry
- 3.12 PESTLE analysis
- 3.13 COVID-19 impact on the plastic compounding demand
Chapter 4 Competitive Landscape
- 4.1 Introduction
- 4.2 Company market share, 2022
- 4.2.1 North America company market share, 2022
- 4.2.2 Europe company market share, 2022
- 4.2.3 Asia Pacific company market share, 2022
- 4.2.4 Latin America company market share, 2022
- 4.2.5 Middle East & Africa company market share, 2022
- 4.3 Competitive analysis of major market players
- 4.4 Vendor adoption matrix
- 4.5 Strategic dashboard
- 4.6 Top players overview
Chapter 5 Plastic Compounding Market, By Product
- 5.1 Global plastic compounding market insights, by product
- 5.2 Thermoplastic Polymer
- 5.2.1 Market estimates and forecasts, 2018 - 2032
- 5.2.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.3 Polyethylene
- 5.2.3.1 Market estimates and forecasts, 2018 - 2032
- 5.2.3.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.4 Polypropylene
- 5.2.4.1 Market estimates and forecasts, 2018 - 2032
- 5.2.4.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.5 Polyester
- 5.2.5.1 Market estimates and forecasts, 2018 - 2032
- 5.2.5.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.6 Polycarbonate
- 5.2.6.1 Market estimates and forecasts, 2018 - 2032
- 5.2.6.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.7 Polyethylene terephthalate
- 5.2.7.1 Market estimates and forecasts, 2018 - 2032
- 5.2.7.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.8 Polyvinyl chloride (PVC)
- 5.2.8.1 Market estimates and forecasts, 2018 - 2032
- 5.2.8.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.9 Acrylonitrile Butadiene Styrene
- 5.2.9.1 Market estimates and forecasts, 2018 - 2032
- 5.2.9.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.10 Polybutylene Terephthalate
- 5.2.10.1 Market estimates and forecasts, 2018 - 2032
- 5.2.10.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.11 Poly(methyl methacrylate)
- 5.2.11.1 Market estimates and forecasts, 2018 - 2032
- 5.2.11.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.12 Polyoxymethylene
- 5.2.12.1 Market estimates and forecasts, 2018 - 2032
- 5.2.12.2 Market estimates and forecast, by region, 2018 - 2032
- 5.2.13 Others
- 5.2.13.1 Market estimates and forecasts, 2018 - 2032
- 5.2.13.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3 Thermoset Polymer
- 5.3.1 Market estimates and forecasts, 2018 - 2032
- 5.3.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3.3 Polyurethane resin
- 5.3.3.1 Market estimates and forecasts, 2018 - 2032
- 5.3.3.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3.4 Epoxy resin
- 5.3.4.1 Market estimates and forecasts, 2018 - 2032
- 5.3.4.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3.5 Others
- 5.3.5.1 Market estimates and forecasts, 2018 - 2032
- 5.3.5.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4 Thermoplastic elastomer
- 5.4.1 Market estimates and forecasts, 2018 - 2032
- 5.4.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4.3 Polyamides
- 5.4.3.1 Market estimates and forecasts, 2018 - 2032
- 5.4.3.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4.4 Polyurethanes
- 5.4.4.1 Market estimates and forecasts, 2018 - 2032
- 5.4.4.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4.5 SBC
- 5.4.5.1 Market estimates and forecasts, 2018 - 2032
- 5.4.5.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4.6 Others
- 5.4.6.1 Market estimates and forecasts, 2018 - 2032
- 5.4.6.2 Market estimates and forecast, by region, 2018 - 2032
- 5.5 Others
- 5.5.1 Market estimates and forecasts, 2018 - 2032
- 5.5.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 6 Plastic Compounding Market, By End-user
- 6.1 Global plastic compounding market insights, by end-user
- 6.2 Consumer goods
- 6.2.1 Market estimates and forecasts, 2018 - 2032
- 6.2.2 Market estimates and forecast, by region, 2018 - 2032
- 6.3 Electrical & electronics
- 6.3.1 Market estimates and forecasts, 2018 - 2032
- 6.3.2 Market estimates and forecast, by region, 2018 - 2032
- 6.4 Construction
- 6.4.1 Market estimates and forecasts, 2018 - 2032
- 6.4.2 Market estimates and forecast, by region, 2018 - 2032
- 6.5 Automotive
- 6.5.1 Market estimates and forecasts, 2018 - 2032
- 6.5.2 Market estimates and forecast, by region, 2018 - 2032
- 6.6 Aerospace
- 6.6.1 Market estimates and forecasts, 2018 - 2032
- 6.6.2 Market estimates and forecast, by region, 2018 - 2032
- 6.7 Others
- 6.7.1 Market estimates and forecasts, 2018 - 2032
- 6.7.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 7 Plastic Compounding Market, By Region
- 7.1 Global plastic compounding market regional insights
- 7.2 North America
- 7.2.1 Market estimates and forecast, 2018 - 2032
- 7.2.2 Market estimates and forecast, product, 2018 - 2032
- 7.2.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.2.4 U.S.
- 7.2.4.1 Market estimates and forecast, 2018 - 2032
- 7.2.4.2 Market estimates and forecast, product, 2018 - 2032
- 7.2.4.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.2.5 Canada
- 7.2.5.1 Market estimates and forecast, 2018 - 2032
- 7.2.5.2 Market estimates and forecast, product, 2018 - 2032
- 7.2.5.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.3 Europe
- 7.3.1 Market estimates and forecast, 2018 - 2032
- 7.3.2 Market estimates and forecast, product, 2018 - 2032
- 7.3.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.3.4 Germany
- 7.3.4.1 Market estimates and forecast, 2018 - 2032
- 7.3.4.2 Market estimates and forecast, product, 2018 - 2032
- 7.3.4.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.3.5 UK
- 7.3.5.1 Market estimates and forecast, 2018 - 2032
- 7.3.5.2 Market estimates and forecast, product, 2018 - 2032
- 7.3.5.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.3.6 France
- 7.3.6.1 Market estimates and forecast, 2018 - 2032
- 7.3.6.2 Market estimates and forecast, product, 2018 - 2032
- 7.3.6.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.3.7 Spain
- 7.3.7.1 Market estimates and forecast, 2018 - 2032
- 7.3.7.2 Market estimates and forecast, product, 2018 - 2032
- 7.3.7.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.3.8 Italy
- 7.3.8.1 Market estimates and forecast, 2018 - 2032
- 7.3.8.2 Market estimates and forecast, product, 2018 - 2032
- 7.3.8.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.3.9 Russia
- 7.3.9.1 Market estimates and forecast, 2018 - 2032
- 7.3.9.2 Market estimates and forecast, product, 2018 - 2032
- 7.3.9.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.4 Asia Pacific
- 7.4.1 Market estimates and forecast, 2018 - 2032
- 7.4.2 Market estimates and forecast, product, 2018 - 2032
- 7.4.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.4.4 China
- 7.4.4.1 Market estimates and forecast, 2018 - 2032
- 7.4.4.2 Market estimates and forecast, product, 2018 - 2032
- 7.4.4.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.4.5 India
- 7.4.5.1 Market estimates and forecast, 2018 - 2032
- 7.4.5.2 Market estimates and forecast, product, 2018 - 2032
- 7.4.5.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.4.6 Japan
- 7.4.6.1 Market estimates and forecast, 2018 - 2032
- 7.4.6.2 Market estimates and forecast, product, 2018 - 2032
- 7.4.6.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.4.7 Indonesia
- 7.4.7.1 Market estimates and forecast, 2018 - 2032
- 7.4.7.2 Market estimates and forecast, product, 2018 - 2032
- 7.4.7.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.4.8 Malaysia
- 7.4.8.1 Market estimates and forecast, 2018 - 2032
- 7.4.8.2 Market estimates and forecast, product, 2018 - 2032
- 7.4.8.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.4.9 Thailand
- 7.4.9.1 Market estimates and forecast, 2018 - 2032
- 7.4.9.2 Market estimates and forecast, product, 2018 - 2032
- 7.4.9.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.5 Latin America
- 7.5.1 Market estimates and forecast, 2018 - 2032
- 7.5.2 Market estimates and forecast, product, 2018 - 2032
- 7.5.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.5.4 Brazil
- 7.5.4.1 Market estimates and forecast, 2018 - 2032
- 7.5.4.2 Market estimates and forecast, product, 2018 - 2032
- 7.5.4.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.5.5 Mexico
- 7.5.5.1 Market estimates and forecast, 2018 - 2032
- 7.5.5.2 Market estimates and forecast, product, 2018 - 2032
- 7.5.5.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.6 Middle East & Africa
- 7.6.1 Market estimates and forecast, 2018 - 2032
- 7.6.2 Market estimates and forecast, product, 2018 - 2032
- 7.6.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.6.4 Saudi Arabia
- 7.6.4.1 Market estimates and forecast, 2018 - 2032
- 7.6.4.2 Market estimates and forecast, product, 2018 - 2032
- 7.6.4.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.6.5 UAE
- 7.6.5.1 Market estimates and forecast, 2018 - 2032
- 7.6.5.2 Market estimates and forecast, product, 2018 - 2032
- 7.6.5.3 Market estimates and forecast, by end-user, 2018 - 2032
- 7.6.6 South Africa
- 7.6.6.1 Market estimates and forecast, 2018 - 2032
- 7.6.6.2 Market estimates and forecast, product, 2018 - 2032
- 7.6.6.3 Market estimates and forecast, by end-user, 2018 - 2032
Chapter 8 Company Profiles
- 8.1 The Dow Chemical Company
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
- 8.2 BASF SE
- 8.2.1 Business Overview
- 8.2.2 Financial Data
- 8.2.3 Product Landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT Analysis
- 8.3 LyondellBasell Industries
- 8.3.1 Business Overview
- 8.3.2 Financial Data
- 8.3.3 Product Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT Analysis
- 8.4 Solvay SA
- 8.4.1 Business Overview
- 8.4.2 Financial Data
- 8.4.3 Product Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT Analysis
- 8.5 Kraton Corporation
- 8.5.1 Business Overview
- 8.5.2 Financial Data
- 8.5.3 Product Landscape
- 8.5.4 Strategic Outlook
- 8.5.5 SWOT Analysis
- 8.6 Aurora Plastics LLC
- 8.6.1 Business Overview
- 8.6.2 Financial Data
- 8.6.3 Product Landscape
- 8.6.4 Strategic Outlook
- 8.6.5 SWOT Analysis
- 8.7 Owens Corning Corp.
- 8.7.1 Business Overview
- 8.7.2 Financial Data
- 8.7.3 Product Landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT Analysis
- 8.8 Saudi Basic Industries Corporation (SABIC)
- 8.8.1 Business Overview
- 8.8.2 Financial Data
- 8.8.3 Product Landscape
- 8.8.4 Strategic Outlook
- 8.8.5 SWOT Analysis
- 8.9 Foster Corporation
- 8.10 RTP Company
- 8.10.1 Business Overview
- 8.10.2 Financial Data
- 8.10.3 Product Landscape
- 8.10.4 Strategic Outlook
- 8.10.5 SWOT Analysis