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
TABLE OF CONTENTS
1 INTRODUCTION 72
1.1 OBJECTIVES OF THE STUDY 72
1.2 MARKET DEFINITION 72
1.3 OVERVIEW OF THE GLOBAL PLASTIC COMPOUNDING MARKET 72
1.4 LIMITATION 75
1.5 MARKETS COVERED 75
2 MARKET SEGMENTATION 84
2.1 MARKETS COVERED 84
2.2 GEOGRAPHICAL SCOPE 85
2.3 YEARS CONSIDERED FOR THE STUDY 86
2.4 CURRENCY AND PRICING 86
2.5 DBMR TRIPOD DATA VALIDATION MODEL 87
2.6 PRODUCT TYPE LIFE LINE CURVE 90
2.7 MULTIVARIATE MODELING 91
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 92
2.9 DBMR MARKET POSITION GRID 93
2.10 MARKET APPLICATION COVERAGE GRID 95
2.11 DBMR MARKET CHALLENGE MATRIX 96
2.12 DBMR VENDOR SHARE ANALYSIS 97
2.13 IMPORT-EXPORT DATA 98
2.14 SECONDARY SOURCES 99
2.15 ASSUMPTIONS 100
3 EXECUTIVE SUMMARY 101
4 PREMIUM INSIGHTS 105
4.1 PESTLE ANALYSIS 107
4.1.1 POLITICAL FACTORS 107
4.1.2 ECONOMIC FACTORS 107
4.1.3 SOCIAL FACTORS 108
4.1.4 TECHNOLOGICAL FACTORS 108
4.1.5 LEGAL FACTORS 108
4.1.6 ENVIRONMENTAL FACTORS 108
4.2 PORTERS FIVE FORCES: 109
4.2.1 THE THREAT OF NEW ENTRANTS: 109
4.2.2 THE THREAT OF SUBSTITUTES: 110
4.2.3 CUSTOMER BARGAINING POWER: 110
4.2.4 SUPPLIER BARGAINING POWER: 110
4.2.5 INTERNAL COMPETITION (RIVALRY): 110
4.3 CLIMATE CHANGE SCENARIO 111
4.3.1 ENVIRONMENTAL CONCERNS 111
4.3.2 INDUSTRY RESPONSE 111
4.3.3 GOVERNMENTS ROLE 111
4.3.4 ANALYST RECOMMENDATION 111
4.4 PRODUCTION CONSUMPTION ANALYSIS- GLOBAL PLASTIC COMPOUNDING MARKET 112
4.5 SUPPLY CHAIN ANALYSIS 114
4.5.1 RAW MATERIAL PROCUREMENT 114
4.5.2 MANUFACTURING AND PACKING 115
4.5.3 MARKETING AND DISTRIBUTION 115
4.5.4 END USERS 115
4.6 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 116
4.7 VENDOR SELECTION CRITERIA 117
4.8 RAW MATERIAL PRODUCTION COVERAGE 119
4.9 DISTRIBUTORS LIST 121
5 REGULATORY FRAMEWORK 123
6 MARKET OVERVIEW 126
6.1 DRIVERS 128
6.1.1 SHIFTING PREFERENCE TOWARD THE ADOPTION OF LIGHTWEIGHT MATERIALS FOR THE PRODUCTION OF AUTOMOTIVE PARTS 128
6.1.2 GROWING ADVANTAGES AND SUPERIOR PHYSICAL PROPERTIES OF PLASTIC COMPOUNDS 129
6.1.3 MULTIPLE AND VARIED APPLICATIONS SCOPE OF PLASTIC COMPOUNDING 130
6.2 RESTRAINTS 131
6.2.1 FLUCTUATIONS OR VOLATILITY IN THE PRICES OF RAW MATERIALS 131
6.2.2 HIGH SUBSTITUTION POTENTIAL FROM ITS BIO-BASED COUNTERPARTS 131
6.3 OPPORTUNITIES 132
6.3.1 SHIFTING PREFERENCE FOR BIO-BASED AND RECYCLED PLASTICS 132
6.3.2 ONGOING DEVELOPMENT IN CATALYST TECHNOLOGIES TO INCREASE THE PERFORMANCE AND YIELD OF PE RESINS 133
6.3.3 GROWING DEMAND FOR PLASTIC COMPOUNDING IN ELECTRIC VEHICLES AND LIGHTWEIGHT VEHICLES 133
6.4 CHALLENGES 134
6.4.1 STRINGENT REGULATIONS IMPOSED ON THE USE OF PLASTIC 134
6.4.2 STRICT ENVIRONMENTAL CONCERNS 134
6.4.3 IMPACT OF THE RUSSIA-UKRAINE CONFLICT 135
7 GLOBAL PLASTIC COMPOUNDING MARKET, BY PRODUCT TYPE 137
7.1 OVERVIEW 138
7.2 POLYETHYLENE (PE) 140
7.3 POLYPROPYLENE (PP) 141
7.4 POLY VINYL CHLORIDE 142
7.5 POLYETHYLENE TEREPHTHALATE (PET) 143
7.6 THERMOPLASTIC VULCANIZATES 144
7.7 POLYCARBONATE 145
7.8 THERMOPLASTIC POLYOLEFINS 146
7.9 POLYAMIDE (PA) 147
7.9.1 POLYAMIDE (PA), PRODUCT TYPE 148
7.9.1.1 PA6 148
7.9.1.2 PA 66 148
7.9.1.3 PA 46 148
7.10 POLYSTYRENE 148
7.11 POLY-BUTYLENE TEREPHTHALATE (PBT) 149
7.12 ACRYLONITRILE BUTADIENE STYRENE 150
7.13 OTHERS 151
8 GLOBAL PLASTIC COMPOUNDING MARKET, BY SOURCE 153
8.1 OVERVIEW 154
8.2 FOSSIL-BASED 155
8.3 BIO-BASED 156
8.3.1 BIO-BASED, BY TYPE 157
8.3.1.1 PLA 157
8.3.1.2 PHA 157
8.3.1.3 PHB 157
8.3.1.4 PBAT 157
8.4 RECYCLED 158
9 GLOBAL PLASTIC COMPOUNDING MARKET, BY ADDITIVE TYPE 159
9.1 OVERVIEW 160
9.2 ANTI-OXIDANTS 162
9.3 UV STABILIZERS 163
9.4 COLORANTS 164
9.5 BLOWING AGENTS 165
9.6 FLAME-RETARDANTS 166
9.7 REINFORCEMENT AGENTS 167
9.8 FILLERS 168
9.9 ANTI-FOAMING AGENTS 169
9.10 OXYGEN SCAVENGERS 170
9.11 OTHERS 171
10 GLOBAL PLASTIC COMPOUNDING MARKET, BY MANUFACTURING PROCESS 172
10.1 OVERVIEW 173
10.2 EXTRUSION 174
10.3 INJECTION MOLDING 175
10.4 OTHERS 176
11 GLOBAL PLASTIC COMPOUNDING MARKET, BY APPLICATION 178
11.1 OVERVIEW 179
11.2 AUTOMOTIVE 181
11.2.1 AUTOMOTIVE, BY APPLICATION 182
11.2.1.1 HOSES 182
11.2.1.2 GASKETS & SLEEVES 182
11.2.1.3 FITTING 182
11.2.1.4 LIP-SEALS 182
11.2.1.5 PETROL TUBES 182
11.2.1.6 PROFILES 182
11.2.1.7 CO-EXTRUSION STRAP 183
11.2.1.8 OTHERS 183
11.2.2 AUTOMOTIVE, BY PRODUCT TYPE 183
11.2.2.1 POLYETHYLENE (PE) 183
11.2.2.2 POLYPROPYLENE (PP) 183
11.2.2.3 POLY VINYL CHLORIDE 184
11.2.2.4 POLYETHYLENE TEREPHTHALATE (PET) 184
11.2.2.5 THERMOPLASTIC VULCANIZATES 184
11.2.2.6 POLYCARBONATE 184
11.2.2.7 THERMOPLASTIC POLYOLEFINS 184
11.2.2.8 POLYAMIDE (PA) 184
11.2.2.9 POLYSTYRENE 184
11.2.2.10 POLY-BUTYLENE TEREPHTHALATE (PBT) 184
11.2.2.11 ACRYLONITRILE BUTADIENE STYRENE 184
11.2.2.12 OTHERS 184
11.3 BUILDING & CONSTRUCTION 185
11.3.1 BUILDING & CONSTRUCTION, BY APPLICATION 186
11.3.1.1 PIPE AND FITTING 186
11.3.1.2 PROFILES AND TUBES 186
11.3.1.3 FLOORING 186
11.3.1.4 WINDOW FRAMES 186
11.3.1.5 WIRES & CABLES 186
11.3.1.6 WEATHER STRIPPING 186
11.3.1.7 FILMS & SHEET 187
11.3.1.8 OTHERS 187
11.3.2 BUILDING & CONSTRUCTION, BY PRODUCT TYPE 187
11.3.2.1 POLYETHYLENE (PE) 187
11.3.2.2 POLYPROPYLENE (PP) 187
11.3.2.3 POLY VINYL CHLORIDE 188
11.3.2.4 POLYETHYLENE TEREPHTHALATE (PET) 188
11.3.2.5 THERMOPLASTIC VULCANIZATES 188
11.3.2.6 POLYCARBONATE 188
11.3.2.7 THERMOPLASTIC POLYOLEFINS 188
11.3.2.8 POLYAMIDE (PA) 188
11.3.2.9 POLYSTYRENE 188
11.3.2.10 POLY-BUTYLENE TEREPHTHALATE (PBT) 188
11.3.2.11 ACRYLONITRILE BUTADIENE STYRENE 188
11.3.2.12 OTHERS 188
11.4 PACKAGING 189
11.4.1 PACKAGING, BY APPLICATION 190
11.4.1.1 BOTTLES 190
11.4.1.2 BOXES 190
11.4.1.3 CAPS 190
11.4.1.4 BLISTER PACKAGING 190
11.4.1.5 OTHERS 190
11.4.2 PACKAGING, BY PRODUCT TYPE 191
11.4.2.1 POLYETHYLENE (PE) 191
11.4.2.2 POLYPROPYLENE (PP) 191
11.4.2.3 POLY VINYL CHLORIDE 191
11.4.2.4 POLYETHYLENE TEREPHTHALATE (PET) 191
11.4.2.5 THERMOPLASTIC VULCANIZATES 192
11.4.2.6 POLYCARBONATE 192
11.4.2.7 THERMOPLASTIC POLYOLEFINS 192
11.4.2.8 POLYAMIDE (PA) 192
11.4.2.9 POLYSTYRENE 192
11.4.2.10 POLY-BUTYLENE TEREPHTHALATE (PBT) 192
11.4.2.11 ACRYLONITRILE BUTADIENE STYRENE 192
11.4.2.12 OTHERS 192
11.5 ELECTRICAL & ELECTRONICS 192
11.5.1 ELECTRICAL & ELECTRONICS, BY PRODUCT TYPE 193
11.5.1.1 POLYETHYLENE (PE) 194
11.5.1.2 POLYPROPYLENE (PP) 194
11.5.1.3 POLY VINYL CHLORIDE 194
11.5.1.4 POLYETHYLENE TEREPHTHALATE (PET) 194
11.5.1.5 THERMOPLASTIC VULCANIZATES 194
11.5.1.6 POLYCARBONATE 195
11.5.1.7 THERMOPLASTIC POLYOLEFINS 195
11.5.1.8 POLYAMIDE (PA) 195
11.5.1.9 POLYSTYRENE 195
11.5.1.10 POLY-BUTYLENE TEREPHTHALATE (PBT) 195
11.5.1.11 ACRYLONITRILE BUTADIENE STYRENE 195
11.5.1.12 OTHERS 195
11.5.2 MEDICAL 195
11.5.2.1 MEDICAL, BY PRODUCT TYPE 197
11.5.2.2 POLYETHYLENE (PE) 197
11.5.2.3 POLYPROPYLENE (PP) 197
11.5.2.4 POLY VINYL CHLORIDE 197
11.5.2.5 POLYETHYLENE TEREPHTHALATE (PET) 197
11.5.2.6 THERMOPLASTIC VULCANIZATES 198
11.5.2.7 POLYCARBONATE 198
11.5.2.8 THERMOPLASTIC POLYOLEFINS 198
11.5.2.9 POLYAMIDE (PA) 198
11.5.2.10 POLYSTYRENE 198
11.5.2.11 POLY-BUTYLENE TEREPHTHALATE (PBT) 198
11.5.2.12 ACRYLONITRILE BUTADIENE STYRENE 198
11.5.2.13 OTHERS 198
11.5.3 MEDICAL, BY APPLICATION 198
11.5.3.1 OXYGEN MASKS 199
11.5.3.2 BLOOD BAGS 199
11.5.3.3 URINE BAGS 199
11.5.3.4 GLUCOSE BAGS 199
11.5.3.5 DISPOSABLE TUBES 199
11.5.3.6 IV TUBES 199
11.5.3.7 REGULATORS 199
11.5.3.8 OTHERS 200
11.5.4 CONSUMER GOODS 200
11.5.4.1 GARDEN HOSE PIPES 201
11.5.4.2 TOYS 201
11.5.4.3 LUGGAGE 201
11.5.4.4 NOVELTIES 201
11.5.4.5 HANDBAGS 201
11.5.4.6 FOOTWEAR 201
11.5.4.7 OTHERS 201
11.5.5 CONSUMER GOODS, BY PRODUCT TYPE 202
11.5.5.1 POLYETHYLENE (PE) 202
11.5.5.2 POLYPROPYLENE (PP) 202
11.5.5.3 POLY VINYL CHLORIDE 202
11.5.5.4 POLYETHYLENE TEREPHTHALATE (PET) 202
11.5.5.5 THERMOPLASTIC VULCANIZATES 203
11.5.5.6 POLYCARBONATE 203
11.5.5.7 THERMOPLASTIC POLYOLEFINS 203
11.5.5.8 POLYAMIDE (PA) 203
11.5.5.9 POLYSTYRENE 203
11.5.5.10 POLY-BUTYLENE TEREPHTHALATE (PBT) 203
11.5.5.11 ACRYLONITRILE BUTADIENE STYRENE 203
11.5.5.12 OTHERS 203
11.5.6 INDUSTRIAL MACHINERY 203
11.5.6.1 POLYETHYLENE (PE) 205
11.5.6.2 POLYPROPYLENE (PP) 205
11.5.6.3 POLY VINYL CHLORIDE 205
11.5.6.4 POLYETHYLENE TEREPHTHALATE (PET) 205
11.5.6.5 THERMOPLASTIC VULCANIZATES 205
11.5.6.6 POLYCARBONATE 206
11.5.6.7 THERMOPLASTIC POLYOLEFINS 206
11.5.6.8 POLYAMIDE (PA) 206
11.5.6.9 POLYSTYRENE 206
11.5.6.10 POLY-BUTYLENE TEREPHTHALATE (PBT) 206
11.5.6.11 ACRYLONITRILE BUTADIENE STYRENE 206
11.5.6.12 OTHERS 206