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FEATURED COMPANIES
- Asahi Kasei Corp.
- BASF SE
- Celanese Corp.
- Covestro AG
- Dow Inc.
- DuPont de Nemours Inc.
- MORE
Global Plastic Compounding Market: About this market
The plastic compounding market analysis considers sales from packaging, construction, automotive, electrical and electronics and other applications. Our analysis also considers the sales of plastic compounding in APAC, Europe, North America, South America, and MEA. In 2018, the packaging segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as enhanced shock-absorbing features and growing plastic films will play a significant role in the packaging segment to maintain its market position. Also, our global plastic compounding market report looks at factors such as growth in demand for polymers, growing demand for lightweight vehicles, and increase in adoption of plastic packaging. However, weaker industrial production, lack of technology in developing countries, and increasing demand for biodegradable plants may hamper the growth of the plastics compounding industry over the forecast period.
Global Plastic Compounding Market: Overview
Growing demand for lightweight vehicles
The automotive sector is focusing on reducing the weight of the vehicles because of the increased demand for fuel-efficient cars. To reduce the overall weight of vehicles, the manufacturers are replacing metal components with plastic parts. Plastic compounds provide better safety and thermal resistance along with fuel efficiency because of their improved strength and better non-malleable and ductile nature. Thus, the growth rate of plastic compounds in the automotive sector is expected to increase with the introduction of more efficient electric vehicles, where there is an increased need for electricity and heat resistance. This will lead to the expansion of the global plastic compounding market at a CAGR of over 6% during the forecast period.
Strategic acquisitions and new production facilities
The demand for polymers, resins, and plastic compounds is increasing from several end-user industries, such as automotive, construction, healthcare, consumer electronics, and packaging industries. The growing demand for plastic compounds has encouraged vendors to expand their market presence through strategic acquisitions and new production facilities. For instance, LyondellBasell acquired A. Schulman Inc. to increase its plastic compounds and resin production. Such acquisitions and new production facilities are expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global plastic compounding market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic compounding manufacturers, that include Asahi Kasei Corp., BASF SE, Celanese Corp., Covestro AG, Dow Inc., DuPont de Nemours Inc., Hillenbrand Inc., LyondellBasell Industries Holdings BV, Mexichem SAB de CV, Mitsui Chemicals Inc., SABIC, Sojitz Corp.
Also, the plastic compounding market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The plastic compounding market analysis considers sales from packaging, construction, automotive, electrical and electronics and other applications. Our analysis also considers the sales of plastic compounding in APAC, Europe, North America, South America, and MEA. In 2018, the packaging segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as enhanced shock-absorbing features and growing plastic films will play a significant role in the packaging segment to maintain its market position. Also, our global plastic compounding market report looks at factors such as growth in demand for polymers, growing demand for lightweight vehicles, and increase in adoption of plastic packaging. However, weaker industrial production, lack of technology in developing countries, and increasing demand for biodegradable plants may hamper the growth of the plastics compounding industry over the forecast period.
Global Plastic Compounding Market: Overview
Growing demand for lightweight vehicles
The automotive sector is focusing on reducing the weight of the vehicles because of the increased demand for fuel-efficient cars. To reduce the overall weight of vehicles, the manufacturers are replacing metal components with plastic parts. Plastic compounds provide better safety and thermal resistance along with fuel efficiency because of their improved strength and better non-malleable and ductile nature. Thus, the growth rate of plastic compounds in the automotive sector is expected to increase with the introduction of more efficient electric vehicles, where there is an increased need for electricity and heat resistance. This will lead to the expansion of the global plastic compounding market at a CAGR of over 6% during the forecast period.
Strategic acquisitions and new production facilities
The demand for polymers, resins, and plastic compounds is increasing from several end-user industries, such as automotive, construction, healthcare, consumer electronics, and packaging industries. The growing demand for plastic compounds has encouraged vendors to expand their market presence through strategic acquisitions and new production facilities. For instance, LyondellBasell acquired A. Schulman Inc. to increase its plastic compounds and resin production. Such acquisitions and new production facilities are expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global plastic compounding market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic compounding manufacturers, that include Asahi Kasei Corp., BASF SE, Celanese Corp., Covestro AG, Dow Inc., DuPont de Nemours Inc., Hillenbrand Inc., LyondellBasell Industries Holdings BV, Mexichem SAB de CV, Mitsui Chemicals Inc., SABIC, Sojitz Corp.
Also, the plastic compounding market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
2 of 4
FEATURED COMPANIES
- Asahi Kasei Corp.
- BASF SE
- Celanese Corp.
- Covestro AG
- Dow Inc.
- DuPont de Nemours Inc.
- MORE
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
Exhibit 01: Key offerings
Exhibit 02: Global polymer market
Exhibit 03: Segments of global polymer market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Application - Market share 2018-2023 (%)
Exhibit 19: Comparison by application
Exhibit 20: Packaging - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Packaging - Year-over-year growth 2019-2023 (%)
Exhibit 22: Construction - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Construction - Year-over-year growth 2019-2023 (%)
Exhibit 24: Automotive - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Automotive - Year-over-year growth 2019-2023 (%)
Exhibit 26: Electrical and electronics - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Electrical and electronics - Year-over-year growth 2019-2023 (%)
Exhibit 28: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: Others - Year-over-year growth 2019-2023 (%)
Exhibit 30: Market opportunity by application
Exhibit 31: Customer landscape
Exhibit 32: Market share by geography 2018-2023 (%)
Exhibit 33: Geographic comparison
Exhibit 34: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 36: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 38: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: North America - Year-over-year growth 2019-2023 (%)
Exhibit 40: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 41: South America - Year-over-year growth 2019-2023 (%)
Exhibit 42: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 43: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 44: Key leading countries
Exhibit 45: Market opportunity
Exhibit 46: Impact of drivers and challenges
Exhibit 47: Vendor landscape
Exhibit 48: Landscape disruption
Exhibit 49: Vendors covered
Exhibit 50: Vendor classification
Exhibit 51: Market positioning of vendors
Exhibit 52: Asahi Kasei Corp. - Vendor overview
Exhibit 53: Asahi Kasei Corp. - Business segments
Exhibit 54: Asahi Kasei Corp. - Organizational developments
Exhibit 55: Asahi Kasei Corp. - Geographic focus
Exhibit 56: Asahi Kasei Corp. - Segment focus
Exhibit 57: Asahi Kasei Corp. - Key offerings
Exhibit 58: BASF SE - Vendor overview
Exhibit 59: BASF SE - Business segments
Exhibit 60: BASF SE - Organizational developments
Exhibit 61: BASF SE - Geographic focus
Exhibit 62: BASF SE - Segment focus
Exhibit 63: BASF SE - Key offerings
Exhibit 64: Celanese Corp. - Vendor overview
Exhibit 65: Celanese Corp. - Product segments
Exhibit 66: Celanese Corp. - Organizational developments
Exhibit 67: Celanese Corp. - Geographic focus
Exhibit 68: Celanese Corp. - Segment focus
Exhibit 69: Celanese Corp. - Key offerings
Exhibit 70: Covestro AG - Vendor overview
Exhibit 71: Covestro AG - Business segments
Exhibit 72: Covestro AG - Organizational developments
Exhibit 73: Covestro AG - Geographic focus
Exhibit 74: Covestro AG - Segment focus
Exhibit 75: Covestro AG - Key offerings
Exhibit 76: Dow Inc. - Vendor overview
Exhibit 77: Dow Inc. - Business segments
Exhibit 78: Dow Inc. - Organizational developments
Exhibit 79: Dow Inc. - Geographic focus
Exhibit 80: Dow Inc. - Segment focus
Exhibit 81: Dow Inc. - Key offerings
Exhibit 82: DuPont de Nemours Inc. - Vendor overview
Exhibit 83: DuPont de Nemours Inc. - Business segments
Exhibit 84: DuPont de Nemours Inc. - Organizational developments
Exhibit 85: DuPont de Nemours Inc. - Key offerings
Exhibit 86: Hillenbrand Inc. - Vendor overview
Exhibit 87: Hillenbrand Inc. - Business segments
Exhibit 88: Hillenbrand Inc. - Organizational developments
Exhibit 89: Hillenbrand Inc. - Geographic focus
Exhibit 90: Hillenbrand Inc. - Segment focus
Exhibit 91: Hillenbrand Inc. - Key offerings
Exhibit 92: LyondellBasell Industries Holdings BV - Vendor overview
Exhibit 93: LyondellBasell Industries Holdings BV - Business segments
Exhibit 94: LyondellBasell Industries Holdings BV - Organizational developments
Exhibit 95: LyondellBasell Industries Holdings BV - Geographic focus
Exhibit 96: LyondellBasell Industries Holdings BV - Segment focus
Exhibit 97: LyondellBasell Industries Holdings BV - Key offerings
Exhibit 98: Mexichem SAB de CV - Vendor overview
Exhibit 99: Mexichem SAB de CV - Business segments
Exhibit 100: Mexichem SAB de CV - Organizational developments
Exhibit 101: Mexichem SAB de CV - Geographic focus
Exhibit 102: Mexichem SAB de CV - Segment focus
Exhibit 103: Mexichem SAB de CV - Key offerings
Exhibit 104: Mitsui Chemicals Inc. - Vendor overview
Exhibit 105: Mitsui Chemicals Inc. - Business segments
Exhibit 106: Mitsui Chemicals Inc. - Organizational developments
Exhibit 107: Mitsui Chemicals Inc. - Geographic focus
Exhibit 108: Mitsui Chemicals Inc. - Segment focus
Exhibit 109: Mitsui Chemicals Inc. - Key offerings
Exhibit 110: SABIC - Vendor overview
Exhibit 111: SABIC - Business segments
Exhibit 112: SABIC - Organizational developments
Exhibit 113: SABIC - Key offerings
Exhibit 114: Sojitz Corp. - Vendor overview
Exhibit 115: Sojitz Corp. - Business segments
Exhibit 116: Sojitz Corp. - Organizational developments
Exhibit 117: Sojitz Corp. - Segment focus
Exhibit 118: Sojitz Corp. - Key offerings
Exhibit 119: Validation techniques employed for market sizing
Exhibit 120: Definition of market positioning of vendors
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market segmentation by application
- Comparison by application
- Packaging - Market size and forecast 2018-2023
- Construction - Market size and forecast 2018-2023
- Automotive - Market size and forecast 2018-2023
- Electrical and electronics - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Strategic acquisitions and new production facilities
- Increasing adoption of WPC technology
- Growing focus on plastic recycling
- Overview
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Asahi Kasei Corp.
- BASF SE
- Celanese Corp.
- Covestro AG
- Dow Inc.
- DuPont de Nemours Inc.
- Hillenbrand Inc.
- LyondellBasell Industries Holdings BV
- Mexichem SAB de CV
- Mitsui Chemicals Inc.
- SABIC
- Sojitz Corp.
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
Exhibit 01: Key offerings
Exhibit 02: Global polymer market
Exhibit 03: Segments of global polymer market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Application - Market share 2018-2023 (%)
Exhibit 19: Comparison by application
Exhibit 20: Packaging - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Packaging - Year-over-year growth 2019-2023 (%)
Exhibit 22: Construction - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Construction - Year-over-year growth 2019-2023 (%)
Exhibit 24: Automotive - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Automotive - Year-over-year growth 2019-2023 (%)
Exhibit 26: Electrical and electronics - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Electrical and electronics - Year-over-year growth 2019-2023 (%)
Exhibit 28: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: Others - Year-over-year growth 2019-2023 (%)
Exhibit 30: Market opportunity by application
Exhibit 31: Customer landscape
Exhibit 32: Market share by geography 2018-2023 (%)
Exhibit 33: Geographic comparison
Exhibit 34: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 36: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 38: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: North America - Year-over-year growth 2019-2023 (%)
Exhibit 40: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 41: South America - Year-over-year growth 2019-2023 (%)
Exhibit 42: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 43: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 44: Key leading countries
Exhibit 45: Market opportunity
Exhibit 46: Impact of drivers and challenges
Exhibit 47: Vendor landscape
Exhibit 48: Landscape disruption
Exhibit 49: Vendors covered
Exhibit 50: Vendor classification
Exhibit 51: Market positioning of vendors
Exhibit 52: Asahi Kasei Corp. - Vendor overview
Exhibit 53: Asahi Kasei Corp. - Business segments
Exhibit 54: Asahi Kasei Corp. - Organizational developments
Exhibit 55: Asahi Kasei Corp. - Geographic focus
Exhibit 56: Asahi Kasei Corp. - Segment focus
Exhibit 57: Asahi Kasei Corp. - Key offerings
Exhibit 58: BASF SE - Vendor overview
Exhibit 59: BASF SE - Business segments
Exhibit 60: BASF SE - Organizational developments
Exhibit 61: BASF SE - Geographic focus
Exhibit 62: BASF SE - Segment focus
Exhibit 63: BASF SE - Key offerings
Exhibit 64: Celanese Corp. - Vendor overview
Exhibit 65: Celanese Corp. - Product segments
Exhibit 66: Celanese Corp. - Organizational developments
Exhibit 67: Celanese Corp. - Geographic focus
Exhibit 68: Celanese Corp. - Segment focus
Exhibit 69: Celanese Corp. - Key offerings
Exhibit 70: Covestro AG - Vendor overview
Exhibit 71: Covestro AG - Business segments
Exhibit 72: Covestro AG - Organizational developments
Exhibit 73: Covestro AG - Geographic focus
Exhibit 74: Covestro AG - Segment focus
Exhibit 75: Covestro AG - Key offerings
Exhibit 76: Dow Inc. - Vendor overview
Exhibit 77: Dow Inc. - Business segments
Exhibit 78: Dow Inc. - Organizational developments
Exhibit 79: Dow Inc. - Geographic focus
Exhibit 80: Dow Inc. - Segment focus
Exhibit 81: Dow Inc. - Key offerings
Exhibit 82: DuPont de Nemours Inc. - Vendor overview
Exhibit 83: DuPont de Nemours Inc. - Business segments
Exhibit 84: DuPont de Nemours Inc. - Organizational developments
Exhibit 85: DuPont de Nemours Inc. - Key offerings
Exhibit 86: Hillenbrand Inc. - Vendor overview
Exhibit 87: Hillenbrand Inc. - Business segments
Exhibit 88: Hillenbrand Inc. - Organizational developments
Exhibit 89: Hillenbrand Inc. - Geographic focus
Exhibit 90: Hillenbrand Inc. - Segment focus
Exhibit 91: Hillenbrand Inc. - Key offerings
Exhibit 92: LyondellBasell Industries Holdings BV - Vendor overview
Exhibit 93: LyondellBasell Industries Holdings BV - Business segments
Exhibit 94: LyondellBasell Industries Holdings BV - Organizational developments
Exhibit 95: LyondellBasell Industries Holdings BV - Geographic focus
Exhibit 96: LyondellBasell Industries Holdings BV - Segment focus
Exhibit 97: LyondellBasell Industries Holdings BV - Key offerings
Exhibit 98: Mexichem SAB de CV - Vendor overview
Exhibit 99: Mexichem SAB de CV - Business segments
Exhibit 100: Mexichem SAB de CV - Organizational developments
Exhibit 101: Mexichem SAB de CV - Geographic focus
Exhibit 102: Mexichem SAB de CV - Segment focus
Exhibit 103: Mexichem SAB de CV - Key offerings
Exhibit 104: Mitsui Chemicals Inc. - Vendor overview
Exhibit 105: Mitsui Chemicals Inc. - Business segments
Exhibit 106: Mitsui Chemicals Inc. - Organizational developments
Exhibit 107: Mitsui Chemicals Inc. - Geographic focus
Exhibit 108: Mitsui Chemicals Inc. - Segment focus
Exhibit 109: Mitsui Chemicals Inc. - Key offerings
Exhibit 110: SABIC - Vendor overview
Exhibit 111: SABIC - Business segments
Exhibit 112: SABIC - Organizational developments
Exhibit 113: SABIC - Key offerings
Exhibit 114: Sojitz Corp. - Vendor overview
Exhibit 115: Sojitz Corp. - Business segments
Exhibit 116: Sojitz Corp. - Organizational developments
Exhibit 117: Sojitz Corp. - Segment focus
Exhibit 118: Sojitz Corp. - Key offerings
Exhibit 119: Validation techniques employed for market sizing
Exhibit 120: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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4 of 4
FEATURED COMPANIES
- Asahi Kasei Corp.
- BASF SE
- Celanese Corp.
- Covestro AG
- Dow Inc.
- DuPont de Nemours Inc.
- MORE
The following companies are recognised as the key players in the global plastic compounding market: Asahi Kasei Corp., BASF SE, Celanese Corp., Covestro AG, Dow Inc., DuPont de Nemours Inc., Hillenbrand Inc., LyondellBasell Industries Holdings BV, Mexichem SAB de CV, Mitsui Chemicals Inc., SABIC, Sojitz Corp.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the strategic acquisitions and new production facilities.”
According to the report, one of the major drivers for this market is the growing demand for lightweight vehicles.
Further, the report states that one of the major factors hindering the growth of this market is the increasing demand for biodegradable plants.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the strategic acquisitions and new production facilities.”
According to the report, one of the major drivers for this market is the growing demand for lightweight vehicles.
Further, the report states that one of the major factors hindering the growth of this market is the increasing demand for biodegradable plants.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Asahi Kasei Corp.
- BASF SE
- Celanese Corp.
- Covestro AG
- Dow Inc.
- DuPont de Nemours Inc.
- Hillenbrand Inc.
- LyondellBasell Industries Holdings BV
- Mexichem SAB de CV
- Mitsui Chemicals Inc.
- SABIC
- Sojitz Corp.
Note: Product cover images may vary from those shown
