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Plastic Compounding Global Market By Product Type, By Application, By Source, By Polymer Type, Opportunity Analysis And Industry Forecast, 2023-2032 | Adell Plastics Inc., Asahi Kasei Corporation, Celanese Corporation, DowDuPont Inc., Solvay SA
Plastic Compounding Market
Plastic Compounding Market Size, Growth Rate, And Forecast
The global plastic compounding market size is expected to grow from $624.46 billion in 2022 to $674.38 billion in 2023 at a compound annual growth rate (CAGR) of 8%.The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global plastic compounding market size is expected to reach $883.31 billion in 2027 at a CAGR of 7%.
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Plastic Compounding Market Drivers
The increasing number of commercial and residential projects is expected to propel the growth of the plastic compounding market going forward. Commercial and residential projects refer to the construction of buildings.
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Plastic Compounding Market Segments
• By Product: Polyethylene (PE), Polypropylene (PP), Poly Vinyl Chloride (PVC), Polystyrene (PS), Polyethylene Terephthalate (PET), Polybutylene Terephthalate (PBT), Polyamide (PA), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Other Products
• By Source: Fossil-Based, Bio-Based, Recycled
• By Application: Automotive And Transportation, Infrastructure And Construction, Electrical And Electronics, Packaging, Consumer Goods And Lifestyle, Industrial Machinery, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Plastic Compounding market.
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Plastic Compounding Market Key Players
Major competitors in the Plastic Compounding market include Adell Plastics Inc., Asahi Kasei Corporation, Celanese Corporation, DowDuPont Inc., Solvay SA, SABIC, LyondellBasell Industries Holdings B.V, Dow Inc., RTP Company, PolyOne Corporation (Avient Corporation), Polyvisions Inc., Kingfa Sci. And Tech. Co. Ltd., Kraton Corporation, Kuraray Co. Ltd., and Polykemi AB.
The Business Research Company's "Global Plastic Compounding Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Plastic Compounding Market Include:
1. Executive Summary
2. Plastic Compounding Market Characteristics
3. Plastic Compounding Market Trends And Strategies
4. Plastic Compounding Market - Macro Economic Scenario
5. Plastic Compounding Market Size And Growth
.....
26. Africa Plastic Compounding Market
27. Plastic Compounding Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Plastic Compounding Market
29. Plastic Compounding Market Future Outlook and Potential Analysis
30. Appendix
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