Plastic Compounding Market Size: Segmented By Application, Geography Trends, Growth & Forecasts To 2025 - PowerPoint PPT Presentation

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Plastic Compounding Market Size: Segmented By Application, Geography Trends, Growth & Forecasts To 2025

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Global Plastic Compounding Market Size 2019, By Product (PVC, PET, PP, PBT, TPV, TPO, ABS), By Application (Automotive, Electrical & Electronics, Construction), By Region and Forecast to 2025 – PowerPoint PPT presentation

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Title: Plastic Compounding Market Size: Segmented By Application, Geography Trends, Growth & Forecasts To 2025


1
Plastic Compounding Market
  • Size 2019, By Product (PVC, PET, PP, PBT, TPV,
    TPO, ABS), By Application (Automotive, Electrical
    Electronics, Construction), By Region and
    Forecast to 2025

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2
Global Plastic Compounding Market Size and
Share-Global Forecast to 2025
  • The global plastic compounding market surpassed
    USD 43.70 billion in 2019 and is expected to grow
    with a CAGR of 6.5 from 2019 to 2025. Prevalent
    use of plastic compounding owing to its increased
    usage in various industrial applications are
    contributing factors driving the global plastic
    compounding market.
  • Increased product penetration is due to its
    numerous and varied uses in the automobile,
    electrical and electronics and construction
    industries. The incorporation of composite
    plastics in the building field, especially in the
    production of safety walls, insulation materials,
    flooring, doors, storage tanks, pipes, and
    cables, would have an optimistic outlook for the
    scale of the industry.
  • The increasing importance of bioplastics with an
    enhanced surface finish for vehicle interior and
    exterior applications would further increase
    market share.
  • The plastic compounding market is regulated by
    environmental agencies and international
    organizations that constantly develop and update
    recycling norms, application scope utilization
    quantity along with environmental policies.
    Non-biodegradability and carcinogenic nature of
    certain products have been under continuous
    evaluation from regulatory bodies. This factor is
    anticipated to restrict industry expansion over
    the forecast timeframe.

3
Global Plastic Compounding Market Size and
Share-Global Forecast to 2025
  • The global plastic compounding market has been
    segmented based on product, application, and
    region. Based on the product, polypropylene (PP)
    held over a 30 share of the total plastic
    compounding industry in 2019. Its compounds are
    widely used in automotive applications due to
    high impact resistance and serviceability.
  • Economic growth in the Asian and Latin American
    economies has powered demand in the automotive
    industry, both in terms of car purchases and
    domestic production. Considering the
    ever-increasing output of vehicles, along with
    regulatory developments, which require
    manufacturers to minimize vehicle weight and
    boost fuel efficiency the use of plastics in
    automotive applications will increase
    dramatically over the forecast era.
  • It has a strong tolerance to fatigue and greater
    chemical and temperature tolerance. These factors
    have made PP popular material for multiple
    applications in developed economies and emerging
    economies alike.
  • By application, the automotive sector is expected
    to lead the product category over the forecast
    period. Increased incorporation of plastics as
    opposed to metals and alloys into automotive
    parts was a crucial factor in the development of
    the market.
  • In recent years, there has been a substantial
    rise in automobile demand, primarily led by the
    development of the industry and the industrial
    environment of emerging markets. China, India,
    and Brazil are the fastest-growing economies and
    are also the main automotive manufacturing hubs.
    This pattern is expected to persist in the
    future, thereby boosting demand for compound
    plastic.

4
Global Plastic Compounding Market Size and
Share-Global Forecast to 2025
  • Key Segments of the Global Plastic Compounding
    Market
  • Product Overview, 2015-2025 (USD Million) (Kilo
    Tons)
  • Polypropylene
  • PET
  • TPV
  • TPO
  • PVC
  • PBT
  • ABS
  • Application Overview, 2015-2025 (USD Million)
    (Kilo Tons)
  • Automotive
  • Electrical and Electronics
  • Construction
  • Regional Overview, 2015-2025 (USD Million) (Kilo
    Tons)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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