Plastics Compounding Industry Report 2024 - Shift Toward Recycled Materials in the Plastic Compounding Industry and Rising Demand for Bio-Based Plastic Compounds - ResearchAndMarkets.com

The "Global Market for Plastics Compounding" report has been added to ResearchAndMarkets.com's offering.

The market for plastic compounding is estimated to increase from $57.8 billion in 2023 to reach $80.3 billion by 2029, at a compound annual growth rate (CAGR) of 5.8% from 2024 through 2029.

Report Scope

This report covers some of the parameters of plastic compounding examined by industries and regulatory bodies due to their growing advances and expansions in the plastic sector. It primarily focuses on plastic compounding polymers, additives and their industrial application in such industries as transportation, electronics and electrical, packaging, construction, medical and healthcare and consumer goods. The publisher analyzed essential categories and regions to determine the present and future plastic compounding market status, and then forecast market growth from 2024 through 2029. This report also discusses market strategies, market ESG development, regulatory landscape, key players in countries, plastic compounding analysis and market driving forces.

The growing global industrialization has increased the demand for plastic compounding, requiring enhanced such properties as recyclability, flame resistance and longer life, which are driving factors that will propel market growth. Developing new plastic products and adopting recycled and bio-based manufacturing practices contribute to the market's necessity. The plastic compounding market plays a crucial role in addressing the challenges of plastic demand and industrial productivity.

The global plastic compounding market is segmented into:

• Product type: Polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyrene (PS) and others.
• Source: Fossil based, recycled and bio-based.
• Additives: Plasticizers, flame retardants, fillers and reinforcements, stabilizers, antioxidants, colorants and others.
• End Use: Packaging, transportation, construction, electronics and electrical, consumer goods, medical and healthcare, and others.

The market estimations and size are provided in terms of value ($ millions) and volume (Kilo tons), with 2023 serving as the base year and market forecasts given for the period from 2024 to the end of 2029. Regional-level market sizes, with respect to technology and application, are also provided.

The Report Includes

• 106 data tables and 39 additional tables
• Analysis of the global markets for plastics compounding process
• Analyses of the global market trends, with market revenue data for 2022, estimates for 2023, forecasts for 2024 and projected CAGRs through 2029
• Estimate of the current market size and revenue growth prospects in value and volumetric terms, with a market share analysis by product type, source, additives, end user and region
• Facts and figures pertaining to market dynamics, current and emerging technologies, regulations, and trends, including macroeconomic factors
• Review of key plastics additives used in plastics compounding and advances in plastics compounding-based equipment and machinery
• Overview of sustainability trends and ESG developments in the industry, with a focus on consumer attitudes, companies' ESG score rankings and their ESG practices.
• A look at recent patent activity
• Identification of the major resin producers, key plastics processors and independent compounders, along with their product lines, and estimated sales
• An analysis of the industry structure, including companies' market shares, M&A activity and venture funding outlook
• Company profiles of major players within the industry, including BASF SE, Mitsui Chemicals Inc., LyondellBasell Industries, and Dow.

Key Topics Covered:

Chapter 1 Executive Summary

• Market Outlook
• Scope of Report
• Market Summary

Chapter 2 Market Overview

• Market Definition
• Process of Plastic Compounding
• Plastic Compounding Analysis
• Compounder Type
• Fillers and Reinforcements
• Machinery and Equipment
• Masterbatches

Chapter 3 Market Dynamics

• Market Drivers
  • Growing Demand from End-User Industries for Compound Plastics
  • Advancements in Technology and Innovation in the Plastic Compounding Industry
• Market Restraints
  • Fluctuating Raw Material Costs
  • Environmental and Regulations Compliance
  • Sustainability Pressure in the Plastic Compounding Market
• Market Opportunities
  • Shift Toward Recycled Materials in the Plastic Compounding Industry
  • Rising Demand for Bio-Based Plastic Compounds

Chapter 4 Regulatory Landscape

Chapter 5 Emerging Technologies and Developments

• New Technologies
• Smart Compounding Equipment for Plastic Compounding
• Three-Dimensional Printing in Plastic Compounding
• Patent Analysis
• Significance of Patents
• Importance of Patent Analysis
• Patent Analysis Based on Country of Origin
• Patent Analysis Based on Year Issued
• Patent Analysis Based on Companies to Which Patents Were Issued

Chapter 6 Market Segmentation Analysis

• Market Analysis by Product Type
  • Polyethylene
  • Polypropylene
  • Polyvinyl Chloride
  • Polyethylene Terephthalate
  • Polystyrene
  • Others
• Market Analysis by Source
  • Fossil-Based
  • Recycled
  • Bio-Based
• Market Analysis by Additives
  • Plasticizers
  • Flame Retardants
  • Stabilizers
  • Colorants
  • Fillers and Reinforcements
  • Antioxidants
  • Other Additives
• Market Analysis by End Use
  • Transportation
  • Electronics and Electrical
  • Construction
  • Medical and Healthcare
  • Packaging
  • Consumer Goods
  • Other End Uses
• Market Analysis by Region

Chapter 7 Competitive Intelligence

• Industry Structure
• Market Share Analysis
• Strategic Analysis
• Mergers and Acquisitions Analysis

Chapter 8 Sustainability in Plastic Compounding Industry: An ESG Perspective

• Key ESG Issues in the Plastic Compounding Sector
• Carbon Footprint and Environmental Impact
• Labor Practices
• Transparency and Governance
• Plastic Compounding Industry ESG Performance Analysis
• Environmental Performance
• Social Performance
• Governance Performance
• Consumer Attitudes Toward ESG in the Plastic Compounding Market
• Concluding Remarks

Company Profiles

• Amco Polymers
• BASF
• Celanese Corp.
• Covestro
• DOW
• Exxon Mobil Corp.
• Mitsui Chemicals Inc.
• Lanxess
• Lyondellbasell Industries N.V.
• Sabic

For more information about this report visit https://www.researchandmarkets.com/r/3ttusw

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View source version on businesswire.com: https://www.businesswire.com/news/home/20241129782295/en/