Press release
Plastic Compounding Market Size, Share, Development by 2024
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Compounding is a process of melt blending plastics with other additives. This process changes the physical, thermal, electrical or aesthetic characteristics of the plastic.
Scope of the Report:
In compounding, various materials are mixed and melted—generally in an extruder of some type—then pelletized. This pelletized material is subsequently processed into a finished or semi-finished part by either molding or extrusion. Most compounding is done on twin-screw extruders of either co-rotating or counter-rotating design.
There are various products, such as PP compound, PE compound, PVC compound as well as other type with different resins. Among various compounds, demand of PP compound accounted for the largest share, which was 35.21% in 2017.
The worldwide market for Plastic Compounding is expected to grow at a CAGR of roughly 4.3% over the next five years, will reach 72500 million US$ in 2024, from 58900 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Plastic Compounding in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
LyondellBasell
SABIC
BASF
Solvay
DowDuPont
RTP
Mitsui Chemicals
ExxonMobil
Mexichem
Westlake Chemical
Chevron Phillips Chemical
Ineos Styrolution
Total Petrochemicals
Chi Mei Corporation
Trinseo
Shanghai PRET Composites
Kingfa
Kkalpana Industries
CNPC
SINOPEC
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
PP Compounds
PE Compounds
PVC Compounds
PA Compounds
Others
Market Segment by Applications, can be divided into
Automotive
Building & Construction
Electronics & Appliances
Consumer Goods
Packaging
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-plastic-compounding-market_p108474.html
Related Information:
North America Plastic Compounding Market Growth 2019-2024
United States Plastic Compounding Market Growth 2019-2024
Asia-Pacific Plastic Compounding Market Growth 2019-2024
Europe Plastic Compounding Market Growth 2019-2024
EMEA Plastic Compounding Market Growth 2019-2024
Global Plastic Compounding Market Growth 2019-2024
China Plastic Compounding Market Growth 2019-2024
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