Global Plastic Compounding Market to Reach $118.3 Billion by 2030
The global market for Plastic Compounding estimated at US$62.5 Billion in the year 2022, is projected to reach a revised size of US$118.3 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030. Polypropylene, one of the segments analyzed in the report, is projected to record 8% CAGR and reach US$35.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyethylene segment is readjusted to a revised 8% CAGR for the next 8-year period.The U.S. Market is Estimated at $17 Billion, While China is Forecast to Grow at 12.9% CAGR
The Plastic Compounding market in the U.S. is estimated at US$17 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$27.8 Billion by the year 2030 trailing a CAGR of 12.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.Select Competitors (Total 43 Featured) -
- A. Schulman
- Asahi Kasei Plastics
- Aurora Plastics LLC
- BASF SE
- Chevron Phillips Chemical Company LLC
- Covestro AG
- Foster Corporation
- Kraton Corporation
- Kuraray Plastics Co. Ltd.
- Lanxess AG
- LyondellBasell Industries
- MRC Polymers Inc.
- PolyOne Corporation
- RTP Company
- SABIC
- Solvay SA
- The Dow Chemical Company
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A. Schulman
- Asahi Kasei Plastics
- Aurora Plastics LLC
- BASF SE
- Chevron Phillips Chemical Company LLC
- Covestro AG
- Foster Corporation
- Kraton Corporation
- Kuraray Plastics Co. Ltd.
- Lanxess AG
- LyondellBasell Industries
- MRC Polymers Inc.
- PolyOne Corporation
- RTP Company
- SABIC
- Solvay SA
- The Dow Chemical Company
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 94 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 62.5 Billion |
Forecasted Market Value ( USD | $ 118.3 Billion |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Global |