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Thermoplastic compounding is a process of combining various polymers, additives, and other materials to create a new material with specific properties. This process is used to create a wide range of products, from medical devices to automotive parts. The thermoplastic compounding market is a subset of the plastics industry, which is a large and diverse sector. It is driven by the need for materials that are lightweight, durable, and cost-effective.
The thermoplastic compounding market is highly competitive, with many companies offering a variety of products. Some of the major players in the market include BASF, Dow Chemical, LyondellBasell, SABIC, and Solvay. These companies are constantly innovating and developing new products to meet the changing needs of the market. Show Less Read more