openPR Logo
Press release

Plastic Compounding Market Anticipated to Surge with a CAGR of 4% by 2025

Plastic Compounding Market Anticipated to Surge with a CAGR of 4%

Polymers/copolymers will continue to be sought-after among products in the global plastic compounding market, with sales estimated to surpass 300,000 tons by 2025-end. However, sales of additives will continue to register a comparatively higher CAGR than sales of polymers/copolymers through 2025, in terms of volume. Among additives, colorants will continue to account for largest volume sales during the forecast period.

In terms of volume, automotive application of plastic compounds will remain dominant in the market. Volume sales of plastic compounds in healthcare application will witness the fastest expansion through 2025. In addition, packaging will remain the second largest application of plastic compounds. However, demand for plastic compounds in textile application will remain sluggish over the forecast period.

The global plastic compounding market is estimated to exhibit a moderate expansion at 4% CAGR, in terms of volume, during the forecast period 2017 to 2025, according to a recent analysis by Persistence Market Research (PMR). Global sales of plastic compounds are projected to reach nearly 300,000,000 tons in 2017; by 2025 this number is further anticipated to account for around 500,000,000 tons.

Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/plastic-compounding-market.asp

Demand for plastics is witnessing an immense surge in the consumer goods and food packaging sector, playing an indispensable role in safe transit of products. Flexible packaging accounts for a major group of materials including plastic films, foil, papers, vegetable fibers, and cloths that are capable of being used for making wrappings, sacks, and sealed as well as unsealed bags. Plastic compounds are also utilized in electronics and electrical industries, to manufacture parts of integrated circuits, resistors, and semiconductors. Rise in technological advancements in electronic devices and gadgets have been influencing growth of the electronics and electrical sectors, thereby fuelling adoption of plastic compounds. In addition, factors such as growing industrialization in developing economies, coupled with soaring demand for infrastructure development, Olefins, and light-weight automobiles are further estimated to augment growth of the plastic compounding market.

However, the costs of plastic compound have been exhibiting a significant rise on the back of fluctuating chemical prices, coupled with high substitution potential of its bio-based counterparts. The governments and environmental agencies have been imposing stringent regulations pertaining to recycling norms of plastics, application scope, and quantity of utilization, which in turn have been impeding the production as well as consumption of plastic compounds across industrial sectors. These factors are estimated to inhibit growth of the market.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/16978

Asia Pacific (APAC) will continue to be the most lucrative region in the global plastic compounding market, with sales pegged to surpass 250,000 tons by 2025-end. Volume sales of plastic compounds in APAC will register the highest CAGR through 2025, followed by Latin America. In addition, Europe will remain the second largest market for plastic compounds, in terms of volume. The plastic compounding market in Middle East & Africa (MEA) is projected to exhibit a moderate expansion in terms of volume through 2025.

Request to view table of content @ http://www.persistencemarketresearch.com/market-research/plastic-compounding-market/toc

Key players in the global plastic compounding market as identified by PMR’s report include BASF SE, DuPont, Coperion K-Tron, Adell Plastics, S & E Speciality Polymers, RTP CO., Agiplast, Sojitz Corporation, Kingfa Science & Technology Co. Ltd., Plstiblends India Ltd., Ravago, SO.F.TER. SPA, Citadel Plastics, AKRO-Plastic GmbH, Resinex, Arkema Group, Asahi Kasei Corporation, Celanese Corporation, Covestro, DSM N.V.

Global Market Study on Plastic Compounding is available for US$4,900 http://www.persistencemarketresearch.com/checkout/16978

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Plastic Compounding Market Anticipated to Surge with a CAGR of 4% by 2025 here

News-ID: 670097 • Views:

More Releases from Persistence Market Research PVT. LTD.

Battery Material Market is projected to reach a valuation of US$ 110.02 billion by 2027
Battery Material Market is projected to reach a valuation of US$ 110.02 billion …
The battery material market has witnessed significant growth in recent years, driven by the increasing demand for batteries in various applications. According to recent studies, the market was valued at USD 42.1 billion in 2022 and is projected to reach USD 110.02 billion by 2027, growing at a CAGR of 14.1% during the forecast period. Click Here to Get Free Sample Copy of this Report@https://www.persistencemarketresearch.com/samples/10801 The battery material market encompasses a wide
Automated Intralogistics Material Handling Solutions Market to Hit US$ 219.3 billion by 2033
Automated Intralogistics Material Handling Solutions Market to Hit US$ 219.3 b …
Automated intralogistics material handling solution sales are anticipated to achieve a global market value of US$ 55.9 billion in 2023 and to grow steadily at a CAGR of 14.8% to reach US$ 219.3 billion by 2033. The global intralogistics material handling solutions market is experiencing a revolution with the introduction of automated systems. Automation has become a game-changer, offering greater efficiency and productivity to businesses across the globe. The market for automated intralogistics material handling solutions is projected to witness impressive growth in the coming years. Click Here to Get Free Sample Copy of this Report@https://www.persistencemarketresearch.com/samples/32829 The key drivers for the growth of the automated intralogistics material handling
Cold Chain Market is Encouraged to Reach USD 474.29 billion by 2028
Cold Chain Market is Encouraged to Reach USD 474.29 billion by 2028
The global cold chain market size was valued at USD 211.77 billion in 2020 and is expected to reach USD 474.29 billion by 2028, growing at a CAGR of 9.7% from 2021 to 2028. The growth is driven by increasing demand for perishable goods, globalization of the food trade, and technological advancements in cold chain logistics. Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/3177 The cold chain market refers
Automated Intralogistics Material Handling Solutions Market Value to Hit US$ 219.3 Bn by 2033
Automated Intralogistics Material Handling Solutions Market Value to Hit US$ 219 …
𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐈𝐧𝐭𝐫𝐚𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐇𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧 𝟐𝟎𝟐𝟑, 𝐬𝐚𝐥𝐞𝐬 𝐨𝐟 𝐚𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐢𝐧𝐭𝐫𝐚𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐦𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐡𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐠𝐥𝐨𝐛𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒$ 𝟓𝟓.𝟗 𝐁𝐧 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐞𝐱𝐩𝐚𝐧𝐝 𝐬𝐭𝐞𝐚𝐝𝐢𝐥𝐲 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟒.𝟖% 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐚 𝐦𝐚𝐫𝐤𝐞𝐭 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐥𝐨𝐬𝐞 𝐭𝐨 𝐔𝐒$ 𝟐𝟏𝟗.𝟑 𝐁𝐧 𝐛𝐲 𝟐𝟎𝟑𝟑. The demand in Germany is expected to increase by 15.7% CAGR from 2024 to 2033 on a value basis. U.S., China, and Germany are the leading countries in the

All 5 Releases


More Releases for Plastic

Agriculture Film Market SWOT Analysis of Leading Key Players Shandong Tianhe Pla …
HTF MI recently introduced Global Agriculture Film Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier
Building Materials Market 218 : Hepworth, National Plastic Industry, Hira Indust …
Building materials in this report covered the PVC pipes and fittings, PPR pipes and fittings, PE pipes and fittings, fabrication, ducts systems for infrastructure, valves and pumps and electrical conduits PVC systems. At present, Hepworth, National Plastic Industry, Hira Industries, Florance Plastic Industries, Polyfab Plastic Industry, MPI, Union Pipes Industry, ANABEEB, Borouge and ACO Group are the UAE leading suppliers of the building materials, and top ten of them shared about
Yazheng Plastic Netting combined type plastic netting machine
Yazheng Plastic Netting developed combined type plastic netting machine.The combined type plastic netting machine can produce plastic deer fencing, anti bird netting, erosion control netting and plastic filtration netting. The combined type plastic netting machine is 30m long, it is be composed of polypropylene grinding miller, extruding machine, high temperature machine, stretch machine, rolled machine and cut machine. The horizontal thread and vertical thread of nettings that produced by
Global Plastic Pails (Plastic Bucket) Market 2018 Key Players: Jokey Group, BERR …
Qyresearchreports include new market research report "Global Plastic Pails (Plastic Bucket) Sales Market Report 2018" to its huge collection of research reports. In this report, the global Plastic Pails (Plastic Bucket) market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Several regional and global trends account for the attractive
Plastic Closure Market – Analysis of Plastic Closure Test Growth, Plastic Clos …
The latest market intelligence study on Plastic Closure market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunities and competitive landscape of Plastic Closure market for the forecast period, 2017 - 2022. Get Access to Sample Pages@ https://www.marketexpertz.com/sample-enquiry-form/142 Importantly, the research taps critical data about the niche segments, market share, size, and growth rate to offer business
Recycled Plastic & Plastic Waste to Oil Market Analysis : TMR
There is a growing need for recycling the plastic and plastic waste. Various major companies are now concentrating on developing new waste-conversion technologies. Some of the major corporates in the global recycled plastic and plastic waste to oil market are Agilyx Inc., Cynar Plc, Vadxx Energy LLC, Nexus Fuels LLC, Clean Blue Technologies Inc., JBI Inc., RES Polyflow, PK Clean, Plastic Advanced Recycling Corporation (PARC), and MK Aromatics Ltd. These