Plastic Compounding Market Applications, Regional Outlook & Forecast 2017-2024

The report by Global Market Inc. "Plastic Compounding Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024"

Plastic Compounding Market has observed an upsurge owing to its multiple and varied applications in end use industries such as automotive, electrical & electronics, and construction.

Global Plastic Compounding Market size is projected to witness a significant growth between 2017 and 2024. Compounding of plastic is done to convert the base resin in a desired plastic form that is more usable, effective and uniform.

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Plastic compounding materials are majorly used in the automotive industry. Plastic components are preferred over metals in automobiles owing to their easy moldability, superior impact strength, scratch resistance, better aesthetics, light weight and recyclability. With the use of plastic components in the automobiles there is a weight saving of nearly 75% and 30% in cost savings of automobile components. These benefits offered by plastic components in vehicle manufacturing is expected to propel plastic compounding market during the forecast period.

Plastic compounds have wide range of applications in transportation and packaging industry specially in the form of olefins. Olefins is a product type of these materials that had contributed substantially in total market volume in 2015. Further, there is a growing demand of LDPE (Low Density Polyethylene) and other forms of polyethylene materials in packaging industry. Rapid industrialization coupled with urbanization has improved transportation and packaging industry that will lead to growing plastic compounding market in next 7 years.

Reasons to Buy This Report :
Plastic Compounding Market size & forecast by product & application.
Growth drivers, pitfalls & industry challenges.
Plastic Compounding Market growth opportunities & emerging business models.

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Plastic Compounding Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Plastic Compounding Industry Insights

3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends

4. Plastic Compounding Product Insights
5. Plastic Compounding Application Insights
6. Plastic Compounding Regional Insights

7. Competitor Profiles-

Global plastic compounding market is consolidated in nature with major players contributing nearly 70% of the market share. There are many small and medium scale manufacturers evolved in the market that might give a tough competition to the giant players. Some of the major companies operating in this segment are Dow Chemical Co., BASF, LyondellBasell, Kraton Polymers, S&E Specialty Polymers LLC, Heritage Plastics, Inc, A. Schulman, and Foster Corporation.

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Asia Pacific accounts for significant market share in terms of volume in the global plastic compounding market. Booming construction activities in India, China, and South Korea is contributing substantially in consumption of plastic compounds such as olefins. Europe is projected to register a high growth rate in the market owing to its thriving automobile and electronics market.

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