Plastic Compounding Market Research and Forecast Report 2023-2028

1. Global Plastic Compounding Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Plastic Compounding Market Research Report: The latest report by IMARC, titled “Plastic Compounding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " finds that the global plastic compounding market size reached US$ 64.9 Billion in 2022. 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. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/plastic-compounding-

4. Report Description and Highlights 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$ 93.2 Billion by 2028, exhibiting a CAGR of 6.1% during the forecast period (2023-2028). Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: 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 • Building & Construction • Electrical & Electronics

6. Report Description and Highlights Report Description • Packaging • Consumer Goods • Industrial Machinery • Medical Device • Optical Media • Others Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe

7. Report Description and Highlights Report Description • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description 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 View Full Report with TOC & List of Figure: https://www.imarcgroup.com/plastic-compounding- market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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