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Report
Plastic Compounding Market Report and Forecast 2025-2034
Market Report I 2025-07-21 I 170 Pages I EMR Inc.
The global plastic compounding market size attained a value of approximately USD 67.90 Billion in 2024 . The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 7.10% , reaching a value of around USD 134.82 Billion by 2034 .
Increasing applications of plastic compounding in the building and construction sector is contributing to the growth of the plastic compounding market. Rapid urban development activities, rising standards of living, and globalisation are some of the crucial market trends, escalating the incorporation of plastic compounding across construction projects. Meanwhile, plastics compounding is also gaining traction in the healthcare sector for manufacturing medical devices. The increasing healthcare expenditure across emerging economies and growing sophistication of medical equipment are expanding the opportunities for the market for plastic compounding. The flexibility and strength of plastic compounding is expected to heighten its incorporation in advanced MedTech devices further.
Global Plastic Compounding Market Share by Region
The Asia Pacific plastic compounding market is expected to hold a significant share of the global market for plastic compounding. This is on account of the emergence of plastic manufacturers like BASF SE, and SABIC, among others, coupled with the economic environment of the region. The surging manufacturing industry is also likely to drive the demand for industrial machinery, automotive, packaging, construction, and electrical and electronics sectors across the region.
Meanwhile, the Europe plastic compounding market is anticipated to witness steady growth in the global market for plastic compounding. As a significant consumer and producer of automobiles, consumer goods, and packaging materials, the region is expected to witness robust market growth of plastic compounding.
Market Segmentation
Global Plastic Compounding Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Polyethylene (PE)
- Polypropylene (PP)
- Thermoplastic Vulcanizates (TPV)
- Thermoplastic Polyolefins (TPO)
- Poly Vinyl Chloride (PVC)
- Polystyrene (PS)
- Polyethylene Terephthalate (PET)
- Polybutylene Terephthalate (PBT)
- Polyamide
- Polycarbonate
- Acrylonitrile Butadiene Styrene (ABS)
- Others
Market Breakup by Application
- Automotive
- Building and Construction
- Electrical and Electronics
- Packaging
- Consumer Goods
- Industrial Machinery
- Medical Devices
- Optical Media
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Rapid Expansion of Automotive Applications to Invigorate the Growth of the Plastic Compounding Market
On the basis of application, the automotive segment is expected to drive the market growth for plastic compounding during the forecast period. Surging integration of plastics in automotive components as opposed to alloys and metals, has increased the demand for plastic compounding from the automotive segment.
China, India, and Brazil are the major production hubs for automobiles and are also fast-growing economies that are further expected to gain momentum and drive growth for plastic compounding. Meanwhile, the growing demand for plastic compounding in infrastructure development among various constructional activities is likely to boost the market for plastic compounding further.
Key Players in the Global Market for Plastic Compounding
The report presents a detailed analysis of the following key players in the global plastic compounding market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- BASF SE
- Arkema Group
- AKRO-PLASTIC GmbH
- DuPont
- LyondellBasell Industries Holdings B.V.
- Aurora Plastics LLC
- SABIC
- Solvay SA
- Evonik Industries AG
- Kuraray Co., Ltd.
- LANXESS AG
- Covestro AG
- The Dow Chemical Company
- Celanese Corporation
- Avient Corporation
- Washington Penn
- Teijin Limited
- EuroPlas( European Plastics Joint Stock Company)
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Plastic Compounding Market Analysis
5.1 Key Industry Highlights
5.2 Global Plastic Compounding Historical Market (2018-2024)
5.3 Global Plastic Compounding Market Forecast (2025-2034)
5.4 Global Plastic Compounding Market by Product Type
5.4.1 Polyethylene (PE)
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Polypropylene (PP)
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 Thermoplastic Vulcanizates (TPV)
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.4.4 Thermoplastic Polyolefins (TPO)
5.4.4.1 Historical Trend (2018-2024)
5.4.4.2 Forecast Trend (2025-2034)
5.4.5 Poly Vinyl Chloride (PVC)
5.4.5.1 Historical Trend (2018-2024)
5.4.5.2 Forecast Trend (2025-2034)
5.4.6 Polystyrene (PS)
5.4.6.1 Historical Trend (2018-2024)
5.4.6.2 Forecast Trend (2025-2034)
5.4.7 Polyethylene Terephthalate (PET)
5.4.7.1 Historical Trend (2018-2024)
5.4.7.2 Forecast Trend (2025-2034)
5.4.8 Polybutylene Terephthalate (PBT)
5.4.8.1 Historical Trend (2018-2024)
5.4.8.2 Forecast Trend (2025-2034)
5.4.9 Polyamide
5.4.9.1 Historical Trend (2018-2024)
5.4.9.2 Forecast Trend (2025-2034)
5.4.10 Polycarbonate
5.4.10.1 Historical Trend (2018-2024)
5.4.10.2 Forecast Trend (2025-2034)
5.4.11 Acrylonitrile Butadiene Styrene (ABS)
5.4.11.1 Historical Trend (2018-2024)
5.4.11.2 Forecast Trend (2025-2034)
5.4.12 Others
5.5 Global Plastic Compounding Market by Application
5.5.1 Automotive
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Building and Construction
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Electrical and Electronics
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Packaging
5.5.4.1 Historical Trend (2018-2024)
5.5.4.2 Forecast Trend (2025-2034)
5.5.5 Consumer Goods
5.5.5.1 Historical Trend (2018-2024)
5.5.5.2 Forecast Trend (2025-2034)
5.5.6 Industrial Machinery
5.5.6.1 Historical Trend (2018-2024)
5.5.6.2 Forecast Trend (2025-2034)
5.5.7 Medical Devices
5.5.7.1 Historical Trend (2018-2024)
5.5.7.2 Forecast Trend (2025-2034)
5.5.8 Optical Media
5.5.8.1 Historical Trend (2018-2024)
5.5.8.2 Forecast Trend (2025-2034)
5.5.9 Others
5.6 Global Plastic Compounding Market by Region
5.6.1 North America
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Europe
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Asia Pacific
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Latin America
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.6.5 Middle East and Africa
5.6.5.1 Historical Trend (2018-2024)
5.6.5.2 Forecast Trend (2025-2034)
6 North America Plastic Compounding Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Plastic Compounding Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Plastic Compounding Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Plastic Compounding Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Plastic Compounding Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 BASF SE
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Arkema Group
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 AKRO-PLASTIC GmbH
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 DuPont
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 LyondellBasell Industries Holdings B.V.
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Aurora Plastics LLC
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 SABIC
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 Solvay SA
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 Evonik Industries AG
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 Kuraray Co., Ltd.
12.5.10.1 Company Overview
12.5.10.2 Product Portfolio
12.5.10.3 Demographic Reach and Achievements
12.5.10.4 Certifications
12.5.11 LANXESS AG
12.5.11.1 Company Overview
12.5.11.2 Product Portfolio
12.5.11.3 Demographic Reach and Achievements
12.5.11.4 Certifications
12.5.12 Covestro AG
12.5.12.1 Company Overview
12.5.12.2 Product Portfolio
12.5.12.3 Demographic Reach and Achievements
12.5.12.4 Certifications
12.5.13 The Dow Chemical Company
12.5.13.1 Company Overview
12.5.13.2 Product Portfolio
12.5.13.3 Demographic Reach and Achievements
12.5.13.4 Certifications
12.5.14 Celanese Corporation
12.5.14.1 Company Overview
12.5.14.2 Product Portfolio
12.5.14.3 Demographic Reach and Achievements
12.5.14.4 Certifications
12.5.15 Avient Corporation
12.5.15.1 Company Overview
12.5.15.2 Product Portfolio
12.5.15.3 Demographic Reach and Achievements
12.5.15.4 Certifications
12.5.16 Washington Penn
12.5.16.1 Company Overview
12.5.16.2 Product Portfolio
12.5.16.3 Demographic Reach and Achievements
12.5.16.4 Certifications
12.5.17 Teijin Limited
12.5.17.1 Company Overview
12.5.17.2 Product Portfolio
12.5.17.3 Demographic Reach and Achievements
12.5.17.4 Certifications
12.5.18 EuroPlas( European Plastics Joint Stock Company)
12.5.18.1 Company Overview
12.5.18.2 Product Portfolio
12.5.18.3 Demographic Reach and Achievements
12.5.18.4 Certifications
12.5.19 Others
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