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Infrastructural Development is Driving the Global Plastic Compounding Market

03-10-2023 07:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Inkwood Reseaarch

plastic-compounding-market

plastic-compounding-market

According to a new market research report launched by Inkwood Research, the Global Plastic Compounding Market is increasing at a CAGR of 6.33% in revenue and 4.61% in volume during the years 2021-2028 and is projected to reach $92.08 billion by 2028.
Browse 73 market data Tables and 52 Figures spread over 250+ Pages, along with in-depth analysis on Global Plastic Compounding Market by Polymer Type, Application, & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Plastic Compounding Market Scenario
Despite the halt in construction due to COVID-19, the infrastructure segment is expected to witness growth in the upcoming years. Several countries are likely to increase infrastructure activities, such as highways, seaports and airports, metro-rail, and logistics parks. Moreover, numerous regulations are put forward pertaining to the development of highways, airports, and railways, which will result in economic development. Presently, plastics are used in buildings, including thin covering, panels, sheets, foams, and pipes.
Additionally, plastic compounding is used increasingly to expand the usefulness of conventional building materials, thereby making them more economical and efficient. Hence, the growing application of plastic compounding in infrastructures boosts the growth of the plastic compounding market.
Conversely, raw material price fluctuations and restrictions relating to the use of VOCs present in plastic coating hinder the overall growth of the plastic compounding market.
The Global Plastic Compounding Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Plastic Compounding Market by Polymer Type, Application, & by Geography: https://inkwoodresearch.com/reports/plastic-compounding-market/#request-free-sample

Market Segmentation
Market by Application
• Automotive
• Construction
• Electrical & Electronics
• Packaging
• Consumer Goods
• Industrial Machinery
• Medical Devices
• Other Applications
Market by Polymer Type
• Polyethylene
• Polypropylene
• TPV (Thermoplastic Vulcanizates)
• TPO (Thermoplastic Olefin)
• PVC (Polyvinyl Chloride)
• Polystyrene
• Pet (Polyethylene Terephthalate)
• PBT (Polybutylene Terephthalate)
• Polyamide
• Polycarbonate
• ABS (Acrylonitrile Butadiene Styrene)
• Other Polymer Types

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028

Companies Profiled
• ASAHI KASEI CORPORATION
• AURORA PLASTICS (S&E SPECIALTY POLYMERS LLC)
• BASF SE
• COVESTRO AG
• DOW CHEMICAL COMPANY
• DUPONT
• KRATON CORPORATION
• KURARAY CO LTD
• LANXESS AG
• LYONDELLBASELL INDUSTRIES NV
• RTP COMPANY
• SAUDI BASIC INDUSTRIES CORPORATION (SABIC)
• SO.F.TER. GROUP (ACQUIRED BY CELANESE)
• SOLVAY SA
• TEIJIN LIMITED
• TEKNOR APEX COMPANY
• WASHINGTON PENN PLASTIC CO INC (WPP)

Related Reports
GLOBAL BLOW MOLDED PLASTICS MARKET - The global blow molded plastics market is expected to grow at 4.36% in revenue and 3.46% in volume of CAGR during the forecasting years 2021-2028.
GLOBAL BUILDING AND CONSTRUCTION PLASTICS MARKET - The global market for building and construction plastics is anticipated to rise at a CAGR of 6.67% during the projected years 2019-2027.
GLOBAL AUTOMOTIVE PLASTICS MARKET - The global automotive plastics market is projected to advance at a CAGR of 9.78% over the predicted period 2019-2027.
GLOBAL BIODEGRADABLE PLASTICS MARKET - The global market for biodegradable plastics is projected to observe a growth rate of 11.49% from 2018 to 2026.

Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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