Global Market for Plastics Compounding 2021-2026

The global market volume for plastic compounding should grow from 475.9 billion pounds in 2021 to 540.4 billion pounds by 2026 with a compound annual growth rate (CAGR) of 2.6% for the period of 2021-2026.

The Asia-Pacific market volume for plastic compounding should grow from 247.4 billion pounds in 2021 to 293 billion pounds by 2026 with a CAGR of 3.4% for the period of 2021-2026.

The North American market volume for plastic compounding should grow from 93.8 billion pounds in 2021 to 101.4 billion pounds by 2026 with a CAGR of 1.6% for the period of 2021-2026.

Report Scope:

This report covers the compounding of major thermoplastic resins. The base year of this study is 2020, while forecasts are provided from 2021 to 2026. The revenue is provided in terms of USD in millions, while volume is given in terms of billion pounds.

The global plastic compounding market is categorized on the basis of the below-given segments -

Region: North America, Europe, Asia-Pacific and the rest of the world.
Plastic-type: The high-volume commodity resins include high-density polyethylene (HDPE), low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC) and others which comprise thermoplastic polyesters (primarily PET) and engineering thermoplastics (ETPs) (include polybutylene terephthalate [PBT], nylons [polyamides], polycarbonates, acrylonitrile-butadiene-styrene terpolymers [ABS] and some real specialties like polyacetals and polysulfones.)
Application: Packaging, automotive, building and construction, electrical and electronics, and consumer goods.

This report also includes an introduction to thermoplastic elastomers and some bio compounds - plastics that are made from plants instead of hydrocarbons. It excludes thermosetting resins since they have different chemistries and are usually processed differently.

The Report Includes:

97 data tables and 25 additional tables
An updated review of the global market for plastics compounding within the industry
Analyses of the global market trends, with data from 2020, estimates for 2021 and 2025, and projections of compound annual growth rates (CAGRs) through 2026
Evaluation and forecast the overall market size in value and volumetric terms, and corresponding market share analysis by type of compounder, plastic resin type, application and region
Highlights of the market potential for major thermoplastic resins, opportunities and gaps estimating current and future demand; and impact of COVID-19 on the progress of this market
Review of key plastics additives used in plastics compounding and advances in plastics compounding based equipment and machinery
Insight into the regulatory and environmental developments shaping compounds, ranging from phthalate plasticizers to halogenated flame retardants
Identification of major resin producers, key plastics processors, and independent compounders, along with activities, product lines, and estimated sales for the major independent compounders
Descriptive company profiles of the key suppliers of plastics additives and fillers/reinforcements, including BASF SE, Clariant AG, Mitsui Chemicals, Toray Industries Inc. LyondellBasell, and SABIC

Report Attribute	Details
No. of Pages	293
Published	December 2021
Forecast Period	2021 - 2026
Estimated Market Value ( Pounds ) in 2021	Pounds 475.9 Billion Pounds
Forecasted Market Value ( Pounds ) by 2026	Pounds 540.4 Billion Pounds
Compound Annual Growth Rate	2.6%
Regions Covered	Global
No. of Companies Mentioned	68

Chapter 1 Introduction

Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
What’s New in this Update?
Methodology and Information Source
Pricing Analysis
Geographic Breakdown
Analyst’s Credentials
Custom Research
Related Reports

Chapter 2 Summary

Chapter 3 Market Background

Definition
Background
Additives

Chapter 4 Market Dynamics

Market Dynamics
Market Drivers
Challenges
Opportunities
Value Chain Analysis
Impact of COVID-19 on Manufacturing Industries
Packaging
Automotive
Building and Construction
Electricals and Electronics
Consumer Goods

Chapter 5 Plastic Compounding Market Analysis by Type

Overview
Polyethylene
High-Density Polyethylene
Low-Density Polyethylene
Linear Low-Density Polyethylene
Polyethylene Compounding
Polyethylene Producers
Market
Polypropylene
Polypropylene Copolymers
Typical Applications
Polypropylene Properties
Polypropylene Compounding
Polypropylene Producers
Market
Polystyrene
General-Purpose Polystyrene
Polystyrene Producers
Polystyrene Processing
Market
Polystyrene Environmental Issue
Polyvinyl Chloride
Forms and Grades of PVC
Chlorinated PVC
Applications for PVC
PVC Processing
PVC Producers
PVC Compounding
Market
PVC’s Environmental Issues
Others
Thermoplastic Polyesters
Polybutylene Terephthalate
Polyamides (Nylons)
Polycarbonates
Acrylonitrile-Butadiene-Styrene (ABS)
Other Engineering Resins
Market
Thermoplastic Elastomers
Thermoplastic Olefins
Copolyester Types
Thermoplastic Polyurethanes
Styrene Block Copolymers

Chapter 6 Plastic Compounding Market Analysis by Application

Overview
Packaging
Automotive
Building and Construction
Electricals and Electronics
Consumer Goods

Chapter 7 Plastic Compounding Market Analysis by Region

Overview
North America
United States
Canada
Europe
Germany
France
United Kingdom
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World

Chapter 8 Plastic Compounding Market Analysis for Biocompounds

Starch-Based Plastics
Developments
Applications
Polyhydroxyalkanoate (PHA)
Producers and Developments
Polyhydroxybutyrate (PHB)
Polylactide (Polylactic Acid, or PLA) Plastics
Producers
Applications
Castor Oil Polymers
Cellulose
Soybean Oils
Bio-derived Polyethylene
1, 3-Propanediol (PDO)
Producers
New Developments in Bioplastics

Chapter 9 Plastic Compounding Market Analysis by Additive

Market Estimates and Forecasts
Additive Usage in Thermoplastics
Antistatic Agents
Types of Antistatic Agents
Antistatic Agent Developments
Antioxidants
Antioxidant Developments
Biocides
Biocide Developments
Blowing Agents
Physical Blowing Agents
Chemical Blowing Agents
Developments of Blowing Agents
Colorants
Titanium Dioxide
Masterbatches
Pre-colored Resin
Dry Color
Liquid Color
Single Pigment Concentrates (SPC)
Issues in Plastic Coloring
Developments in Plastic Coloring
Coupling Agents
Defoaming Agents
Emulsifiers
Flame/Fire Retardants
Organic Bromine Compounds
Antimony Oxide
Alumina Trihydrate (ATH)
Chlorinated Compounds
Molybdenum and Magnesium Compounds
Phosphorus Compounds
Market Estimate and Forecast
Flame-Retardant Regulatory Issues
Developments in Flame Retardants
Heat Stabilizers
Antimony Mercaptides
Mixed-Metal Heat Stabilizers
Lead-Based Heat Stabilizers
Organotin Heat Stabilizers
Organosulfide Heat Stabilizers
Developments of Heat Stabilizers
Market Estimate and Forecast
Impact Modifiers
Acrylic Impact Modifiers
Chlorinated Polyethylene and Other Elastomers
Developments in Impact Modifiers
Lubricants
Chemicals Used
Plasticizers
Developments in Plasticizers
PVC Processing Aids
Slip Agents
Surfactants
Thickeners
Thixotropes
UV Stabilizers
Plastic Resistance to UV
Chemical Types of UV Stabilizers
Oxidation Disintegration Initiators
Global Thermoplastic Additives Market Analysis by Region

Chapter 10 Plastic Compounding Market Analysis for Fillers and Reinforcements

Property Profiles
Characteristics of Fillers and Reinforcements
Filler/Reinforcement Usage with Specific Resins
Reinforcements
Glass Fiber Reinforcements
Carbon Fiber Reinforcements
Carbon Nanotube Reinforcements
Natural Fiber Reinforcements
Nonfibrous Reinforcements
Inorganic Fillers
Alumina Trihydrate
Barium Sulfate
Calcium Carbonate
Calcium Sulfate
Kaolins

Chapter 11 Plastic Compounding Market Analysis for Masterbatches

Overview
Definition
Industry Structure
Some New Developments

Chapter 12 Plastic Compounding Market Analysis for Machinery and Equipment

Selection Criteria
Types of Materials
Types of Compounding Equipment
Batch Mixing Equipment
Continuous Compounding Equipment
Size-Reduction Equipment
Major Compounding Equipment Manufacturers

Chapter 13 Plastic Compounding Market Analysis by Type of Compounder

Toll Compounding
Custom Compounding
Proprietary Compounding
Concentrate Compounding
Affiliated Compounding and Compounders

Chapter 14 Industry Structure

Resin Producers
Processors
Important Variables and Considerations
Leading Plastics Processors
Market Player Ranking Analysis
Independent Compounders
Trends
Leading Thermoplastic Compounders
Latest Strategic Innovations
Key Market Developments
Plastics Users
Bioplastic Resins
Plastic Additives
Fillers and Reinforcement
Masterbatch

Chapter 15 Company Profiles

Agiplast
Aaron Industries Corp.
Acton Technologies Inc.
Addivant
Adell Plastics Inc.
Advanced Composites Inc.
AGC Chemicals Americas Inc.
AM Stabilizers Corp.
Amco Polymers
Americhem Inc.
Ametek Westchester Plastics
Ampacet Corp.
Amtopp Division
Ascend Performance Materials Llc
Axiall Corp.
BASF Corp.
Bay Polymer Corp.
Birch Plastics Inc.
Chroma Corp.
Clariant International Ltd., Masterbatches Division
Colortech Inc.
Covestro
Deceuninck North America Llc
The Dow Chemical Co.
Dsm Engineering Plastics Inc.
Dyneon Llc
E.I. Dupont De Nemours And Co.
Emerald Performance Materials Llc
Ems-Chemie (North America) Inc
ExxonMobil Chemical Co.
Ferro Corp.
Foster Corp.
GS Caltex Corp.
Heritage Plastics Inc.
Infinity LTL Engineered Compounds
Invista
Kingfa Science & Technology (India) Ltd.
Kraton Performance Polymers Inc.
The Lubrizol Corp
Lyondellbasell Advanced Polyolefins
Mitsui Chemicals
Mexichem Specialty Compounds Inc.
MRC Polymers Inc.
Muehlstein North America
Nova Polymers Inc.
Penn Color Inc.
Plastic Recycling Technology Inc.
Plasticomp Inc.
The Plastics Group of America
Plastics Plus Inc.
Polyfil Corp.
Polyfusion LLC
Polymer Resources Ltd.
Polyone Corp.
Polyram Group
Roscom Inc.
RTP Co.
Sabic
Standridge Color Corp.
Techmer Pm
Toray Industries Inc.
Tasnee
Technical Polymers Llc (Now Domo Chemicals)
Tekni-Plex Inc.
Teknor Apex Co.
Themix Plastics Inc.
Valtris Specialty Chemicals
Wellman Engineering Resins

Chapter 16 Appendix: Acronyms

List of Tables
Summary Table: Global Market Volume of Plastic Compounding, by Region, Through 2026
Table 1: List of Plastics Additives/Compounding Ingredients
Table 2: Global Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 3: Global Market Volume of Plastic Compounding, by Type of Plastic, Through 2026
Table 4: Global Market for Polyethylene Thermoplastic Resin, by Region, Through 2026
Table 5: Global Market Volume of Polyethylene Thermoplastic Resin, by Region, Through 2026
Table 6: Global Market for Polyethylene Thermoplastic Resin, by Type, Through 2026
Table 7: Global Market Volume of Polyethylene Thermoplastic Resin, by Type, Through 2026
Table 8: Global Market for HDPE Thermoplastic Resin, by Region, Through 2026
Table 9: Global Market Volume of HDPE Thermoplastic Resin, by Region, Through 2026
Table 10: Global Market for LDPE Thermoplastic Resin, by Region, Through 2026
Table 11: Global Market Volume of LDPE Thermoplastic Resin, by Region, Through 2026
Table 12: Global Market for LLDPE Thermoplastic Resin, by Region, Through 2026
Table 13: Global Market Volume of LLDPE Thermoplastic Resin, by Region, Through 2026
Table 14: Global Market Volume of Plastic Compounding for Polyethylene, by Type of Compounder, Through 2026
Table 15: Global Market for PP Thermoplastic Resin, by Region, Through 2026
Table 16: Global Market Volume of PP Thermoplastic Resin, by Region, Through 2026
Table 17: Global Market Volume of Plastic Compounding for Polypropylene, by Type of Compounder, Through 2026
Table 18: Global Market for Polystyrene Thermoplastic Resin, by Region, Through 2026
Table 19: Global Market Volume of Polystyrene Thermoplastic Resin, by Region, Through 2026
Table 20: Fabrication Methods and Some Uses for Polystyrene
Table 21: Global Market Volume of Plastic Compounding for Polystyrene, by Type of Compounder, Through 2026
Table 22: Global Market for PVC Thermoplastic Resin, by Region, Through 2026
Table 23: Global Market Volume of PVC Thermoplastic Resin, by Region, Through 2026
Table 24: Some Typical Rigid PVC Applications
Table 25: Some Typical Flexible PVC Applications
Table 26: Global Market Volume of Plastic Compounding for PVC, by Type of Compounder, Through 2026
Table 27: Global Market for Other Types of Thermoplastic Resin, by Region, Through 2026
Table 28: Global Market Volume of Other Types Thermoplastic Resin, by Region, Through 2026
Table 29: Global Market Volume of Plastic Compounding for Others, by Type of Compounder, Through 2026
Table 30: Global Market for Plastic Compounding, by Application, Through 2026
Table 31: Global Market Volume of Plastic Compounding, by Application, Through 2026
Table 32: Advantages of Compounded Plastic in Packaging Applications
Table 33: Global Market for Plastic Compounding in Packaging, by Region, Through 2026
Table 34: Advantages of Plastic Compounds in the Automotive Sector
Table 35: Key Applications of PP Compounds in Automotive
Table 36: Global Market for Plastic Compounding in Automotive, by Region, Through 2026
Table 37: Few Applications of Plastic Compounds in Building and Construction Sector
Table 38: Global Market for Plastic Compounding in Building and Construction, by Region, Through 2026
Table 39: Selected Applications of Plastic Compounds in Electrical and Electronics Sector
Table 40: Global Market for Plastic Compounding in Electrical and Electronics, by Region, Through 2026
Table 41: Global Market for Plastic Compounding in Consumer Goods, by Region Through 2026
Table 42: Global Market for Plastic Compounding, by Region, Through 2026
Table 43: North American Market for Plastic Compounding, by Country, Through 2026
Table 44: North American Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 45: North American Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 46: North American Market for Plastic Compounding, by Application, Through 2026
Table 47: North American Market Volume of Plastic Compounding, by Type of Compounder, Through 2026
Table 48: U.S. Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 49: U.S. Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 50: U.S. Market for Plastic Compounding, by Application, Through 2026
Table 51: Canadian Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 52: Canadian Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 53: Canadian Market for Plastic Compounding, by Application, Through 2026
Table 54: European Market for Plastic Compounding, by Country, Through 2026
Table 55: European Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 56: European Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 57: European Market for Plastic Compounding, by Application, Through 2026
Table 58: European Market Volume of Plastic Compounding, by Type of Compounder, Through 2026
Table 59: German Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 60: German Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 61: German Market for Plastic Compounding, by Application, Through 2026
Table 62: French Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 63: French Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 64: French Market for Plastic Compounding, by Application, Through 2026
Table 65: U.K. Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 66: U.K. Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 67: U.K. Market for Plastic Compounding, by Application, Through 2026
Table 68: Rest of European Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 69: Rest of European Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 70: Rest of European Market for Plastic Compounding, by Application, Through 2026
Table 71: Asia-Pacific Market for Plastic Compounding, by Country, Through 2026
Table 72: Asia-Pacific Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 73: Asia-Pacific Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 74: Asia-Pacific Market for Plastic Compounding, by Application, Through 2026
Table 75: Asia-Pacific Market Volume of Plastic Compounding, by Type of Compounder, Through 2026
Table 76: Chinese Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 77: Chinese Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 78: Chinese Market for Plastic Compounding, by Application, Through 2026
Table 79: Indian Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 80: Indian Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 81: Indian Market for Plastic Compounding, by Application, Through 2026
Table 82: Japanese Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 83: Japanese Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 84: Japanese Market for Plastic Compounding, by Application, Through 2026
Table 85: Rest of Asia-Pacific Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 86: Rest of Asia-Pacific Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 87: Rest of Asia-Pacific Market for Plastic Compounding, by Application, Through 2026
Table 88: Rest of the World Market for Plastic Compounding, by Type of Plastic, Through 2026
Table 89: Rest of the World Market for Plastic Compounding, by Type of Polyethylene Resin, Through 2026
Table 90: Rest of the World Market for Plastic Compounding, by Application, Through 2026
Table 91: Rest of the World Market Volume of Plastic Compounding, by Type of Compounder, Through 2026
Table 92: Examples of Bioplastics
Table 93: Global Market Volume of Thermoplastic Additives, by Region Through 2026
Table 94: Selected Additive Usage in Thermoplastics
Table 95: Global Market Volume of Thermoplastic Additives, by Type, Through 2026
Table 96: Global Market Volume of Blowing Agents in Thermoplastic Compounding, by Type, Through 2026
Table 97: Global Market Volume of Colorants in Thermoplastic Additives, by Type of Colorants, Through 2026
Table 98: Global Market Volume of Masterbatch in Thermoplastic Compounding, by Type, Through 2026
Table 99: Global Market Volume of Plastic Flame Retardants in Thermoplastic Compounding, by Type, Through 2026
Table 100: Global Market Volume of Heat Stabilizers in Thermoplastic Compounding, by Type, Through 2026
Table 101: North American Market Volume of Additives in Thermoplastic Compounding, by Type, Through 2026
Table 102: European Market Volume of Additives in Thermoplastic Compounding, by Type, Through 2026
Table 103: Asia-Pacific Market Volume of Additives in Thermoplastic Compounding, by Type, Through 2026
Table 104: Rest of the World Market Volume of Additives in Thermoplastic Compounding, by Type, Through 2026
Table 105: Profiles of Filler/Reinforcement Characteristics
Table 106: Overview of Characteristics and Applications of Fillers/Reinforcements
Table 107: Overview of Filler/Reinforcement Usage with Different Thermoplastics
Table 108: Global Market Volume of Reinforcements in Thermoplastic Compounding, by Type, Through 2026
Table 109: Global Market Volume of Carbon Fiber Reinforcements in Thermoplastic Compounding, by Application, Through 2026
Table 110: Types of Masterbatches and Their Applications
Table 111: Batch Compounding Equipment
Table 112: Major Compounding Equipment Manufacturers
Table 113: Leading Blow Molders
Table 114: Leading Injection Molders
Table 115: Leading Pipe, Profile and Tubing Extruders
Table 116: Leading Film/Sheet Producers
Table 117: Leading Thermoformers
Table 118: Leading Rotational Molders
Table 119: Market Player Ranking Analysis
Table 120: Leading Thermoplastic Compounders and Concentrate Producers
Table 121: Latest Strategic Innovations in the Plastic Compounding Market, 2021

List of Figures
Summary Figure: Global Market Volume Shares of Plastic Compounding, by Region, 2020
Figure A: Methodology and Information Source
Figure 1: Global Market Dynamics: Key Drivers, Challenges and Opportunities
Figure 2: Global Urban Population, 2000-2020
Figure 3: Global Motor Vehicle Production, by Country, 2020
Figure 4: Recycling Process
Figure 5: Global Bioplastic Production Capacities, 2019-2025
Figure 6: Global Electric Vehicle Stock, 2015-2019
Figure 7: Global Electric Vehicle Stock, by Geography, 2015-2019
Figure 8: Share of Electric Vehicle Slow Charger Accessible Privately, by Country, 2019
Figure 9: Value Chain Analysis
Figure 10: Trends in Global Economic Growth,2019-2021
Figure 11: Global Production Output of LCVs and Cars, by Region, 2019 and 2020
Figure 12: U.S. Expenditures on Building and Construction Activities, Jan. 2020 to June 2020
Figure 13: Global Plastic Compounding Market Segmentation, by Type of Plastic
Figure 14: Global Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 15: Global Market Volume Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 16: Global Market Shares of Polyethylene Thermoplastic Resin, by Region, 2020
Figure 17: Global Market Volume Shares of Polyethylene Thermoplastic Resin, by Region, 2020
Figure 18: Global Market Shares of Polyethylene Thermoplastic Resin, by Type, 2020
Figure 19: Global Market Volume Shares of Polyethylene Thermoplastic Resin, by Type, 2020
Figure 20: Global Market Shares of HDPE Thermoplastic Resin, by Region, 2020
Figure 21: Global Market Volume Shares of HDPE Thermoplastic Resin, by Region, 2020
Figure 22: Global Market Shares of LDPE Thermoplastic Resin, by Region, 2020
Figure 23: Global Market Volume Shares of LDPE Thermoplastic Resin, by Region, 2020
Figure 24: Global Market Shares of LLDPE Thermoplastic Resin, by Region, 2020
Figure 25: Global Market Volume Shares of LLDPE Thermoplastic Resin, by Region, 2020
Figure 26: Global Market Volume Shares of Plastic Compounding for Polyethylene, by Type of Compounder, 2020
Figure 27: Global Market Volume Shares of PP Thermoplastic Resin, by Region, 2020
Figure 28: Global Market Volume Shares of PP Thermoplastic Resin, by Region, 2020
Figure 29: Global Market Volume Shares of Plastic Compounding for Polypropylene, by Type of Compounder, by Region, 2020
Figure 30: Global Market Shares of Polystyrene Thermoplastic Resin, by Region, 2020
Figure 31: Global Market Volume Shares of Polystyrene Thermoplastic Resin, by Region, 2020
Figure 32: Global Market Volume Shares of Plastic Compounding for Polystyrene, by Type of Compounder, 2020
Figure 33: Global Market Shares of PVC Thermoplastic Resin, by Region, 2020
Figure 34: Global Market Volume Shares of PVC Thermoplastic Resin, by Region, 2020
Figure 35: Global Market Volume Shares of Plastic Compounding for PVC, by Type of Compounder, 2020
Figure 36: Global Market Shares of Other Types of Thermoplastic Resin, by Region, 2020
Figure 37: Global Market Volume Shares of Other Types of Thermoplastic Resin, by Region, 2020
Figure 38: Global Market Volume Shares of Plastic Compounding for Others, by Type of Compounder, 2020
Figure 39: Global Plastic Compounding Market Segmentation, by Application
Figure 40: Global Market Shares of Plastic Compounding, by Application, 2020
Figure 41: Global Market Volume Shares of Plastic Compounding, by Application, 2020
Figure 42: Global Market Shares of Plastic Compounding in Packaging, by Region, 2020
Figure 43: Plastic Applications in Automotive Parts
Figure 44: Global Market Shares of Plastic Compounding in Automotive, by Region, 2020
Figure 45: Global Market Shares of Plastic Compounding in Building and Construction, by Region, by Region, 2020
Figure 46: Average Plastic Content in Refrigerator and Washing Machines
Figure 47: Global Market Shares of Plastic Compounding in Electrical and Electronics, by Region, 2020
Figure 48: Global Market Shares of Plastic Compounding in Consumer Goods, by Region, 2020
Figure 49: Global Plastic Compounding Market Segmentation, by Region
Figure 50: Global Market Shares of Plastic Compounding, by Region, 2020
Figure 51: North American Market Shares of Plastic Compounding, by Country, 2020
Figure 52: North American Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 53: North American Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 54: North American Market Shares of Plastic Compounding, by Application, 2020
Figure 55: North American Market Volume Shares of Plastic Compounding, by Type of Compounder, 2020
Figure 56: U.S. Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 57: U.S. Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 58: U.S. Market Shares of Plastic Compounding, by Application, 2020
Figure 59: Canadian Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 60: Canadian Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 61: Canadian Market Shares of Plastic Compounding, by Application, 2020
Figure 62: European Manufacturing Value Added, by Country, 2020
Figure 63: European Market Shares of Plastic Compounding, by Country, 2020
Figure 64: European Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 65: European Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 66: European Market Shares of Plastic Compounding, by Application, 2020
Figure 67: European Market Volume Shares of Plastic Compounding, by Type of Compounder, 2020
Figure 68: German Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 69: German Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 70: German Market Shares of Plastic Compounding, by Application, 2020
Figure 71: French Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 72: French Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 73: French Market Shares of Plastic Compounding, by Application, 2020
Figure 74: U.K. Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 75: U.K. Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 76: U.K. Market Shares of Plastic Compounding, by Application, 2020
Figure 77: Rest of European Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 78: Rest of European Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 79: Rest of European Market Shares of Plastic Compounding, by Application, 2020
Figure 80: Asia-Pacific Market Shares of Plastic Compounding, by Country, 2020
Figure 81: Asia-Pacific Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 82: Asia-Pacific Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 83: Asia-Pacific Market Shares of Plastic Compounding, by Application, 2020
Figure 84: Asia-Pacific Market Volume Shares of Plastic Compounding, by Type of Compounder, 2020
Figure 85: China’s Real GDP Growth, 1995-2020
Figure 86: Chinese Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 87: Chinese Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 88: Chinese Market Shares of Plastic Compounding, by Application, 2020
Figure 89: Indian Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 90: Indian Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 91: Indian Market Shares of Plastic Compounding, by Application, 2020
Figure 92: Annual Total Production of Cars and Commercial Vehicles in Japan, 2018-2020
Figure 93: Japanese Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 94: Japanese Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 95: Japanese Market Shares of Plastic Compounding, by Application, 2020
Figure 96: Rest of Asia-Pacific Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 97: Rest of Asia-Pacific Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 98: Rest of Asia-Pacific Market Shares of Plastic Compounding, by Application, 2020
Figure 99: Rest of the World Manufacturing Value Added, 2020
Figure 100: Rest of the World Market Volume Shares of Plastic Compounding, by Type of Compounder, 2020
Figure 101: Rest of the World Market Shares of Plastic Compounding, by Type of Plastic, 2020
Figure 102: Rest of the World Market Shares of Plastic Compounding, by Type of Polyethylene Resin, 2020
Figure 103: Rest of the World Market Shares of Plastic Compounding, by Application, 2020
Figure 104: Share of Global Bioplastics Production Capacity, by Type, 2020
Figure 105: Global Market Volume Shares of Thermoplastic Additives, by Region, 2020
Figure 106: Global Market Volume Shares of Thermoplastic Additivs, by Type, 2020
Figure 107: Global Market Volume Shares of Blowing Agents in Thermoplastic Compounding, by Type, 2020
Figure 108: Global Market Volume Shares of Colorants in Thermoplastic Additives, by Type of Colorants, by Type, 2020
Figure 109: Global Market Volume Shares of Masterbatch in Thermoplastic Compounding, by Type, 2020
Figure 110: Global Market Volume Shares of Plastic Flame Retardants in Thermoplastic Compounding, by Type, 2020
Figure 111: Global Market Volume Shares of Heat Stabilizers in Thermoplastic Compounding, by Type, 2020
Figure 112: North American Market Volume Shares of Additives in Thermoplastic Compounding, by Type, 2020
Figure 113: European Market Volume Shares of Additives in Thermoplastic Compounding, by Type, 2020
Figure 114: Asia-Pacific Market Volume Shares of Additives in Thermoplastic Compounding, by Type, 2020
Figure 115: Rest of the World Market Volume Shares of Additives in Thermoplastic Compounding, by Type, 2020
Figure 116: Global Market Volume Shares of Reinforcements in Thermoplastic Compounding, by Type, 2020
Figure 117: Global Market Volume Shares of Carbon Fiber Reinforcements in Thermoplastic Compounding, by Type, 2020
Figure 118: BASF SE: Revenue Share, by Region, 2020
Figure 119: Clariant AG: Revenue Share, by Region, 2020
Figure 120: Mitsui Chemicals: RevenueShare, by Region, 2020
Figure 121: Toray Industries Inc.: Revenue Share, by Region, 2020

Executive Summary

Plastic compounding refers to a process of combining neat resins along with additives to achieve desirable properties as well as performance requirements. The additives play a vital role in augmenting the aesthetic, physical, electrical and thermal properties of a material. The intricate process involved in compounding plastics entails determination of additive ratios, mixing through a twin-screw extruder and melt mixing. The material is then cooled down and shaped into pellets. Popular resins utilized in the process include polyvinyl chloride (PVC), polypropylene (PP), polystyrene (PS), polyethylene terephthalate (PET) and others.

It is primarily conducted by three types of companies: resin producers, plastics processors (such as injection and blow molders, thermoformers, extruders and film/sheet producers) and independent compounders, companies whose business is making plastic compounds and masterbatches, not resins or molded plastics products.

The role of each group varies by product segment, with large-volume processors such as extruders of sheet, film and pipe, and profiles assuming a more important compounding role than batch-focused processors like injection molders. Over the years, the compounding growth rate for resin producers has generally been slower than that of processors and compounders, as these latter companies take a bigger role in markets where significant proprietary technology is involved. Compounding trends are also highly dependent on different economic scenarios; for example, when polyethylene prices are high, PE bag makers and other large processors often compensate by increasing the addition of (that is, compounding with) cheaper calcium carbonate filler.

Among the latest trends, utilization of bioplastics in the global market is increasingly becoming popular, which is anticipated to further expand the industry share.

The production of compounded plastics is a large business and a highly competitive one. Competition is based on many factors, including speed, delivery, service, performance, product innovation, product recognition, quality and price. Mitsui Chemicals, LyondellBasell, SABIC and others are among the leading players in the global market.

The applications of plastic compounding market have boosted significantly due to their varied benefits. The automotive manufacturing industry is the leading end user of plastic compounds market globally. The sector offers a continued opportunity for the plastic compounding market, as this market offers an ideal material that acts as a substitute for metal, allowing for desirable weight reduction. Polypropylene (PP) and glass-filled PET are among the major compounded plastics utilized in the sector.