1. Plastic Compounding Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt.) Ltd.)

2. www.marketresearchfuture.com2 Plastic Compounding Market Research Report- Forecast to 2023 The Global Plastic Compounding Market is expected to touch USD 7, 62, 472.7 million at a striking 6.03% CAGR over the forecast period (2017-2023). The process of compounding is used for converting the base resin into the desired plastic which is more effective, uniform and usable in different applications. Traditionally plastics have been utilized in numerous applications including construction materials, electronic components, furniture, toys, packaging and automotive components. The plastic compound manufacturing includes three raw materials or ingredients- Plastic Compounding fillers, plastic compounding additives and plastic compounding polymers. This process allows use of polymer variants namely PP (Polypropylene), PE (Polyethylene) and PVC (Poly Vinyl Chloride) in the creation of an array of products. Based on the effective utilization of compounding methods, plastic has succeeded in emerging as a viable substitute to metal and glass. There are many factors that is fueling the growth of the Plastic Compounding Market. The different market trends and factors in this market according to an analysis performed by Market Research Future (MRFR) include growing alternative of alloys and metals with plastic counterparts that are lightweight, advancement in technologies, increase in the need for polyethylene in transportation and packaging applications, its increasing demand in consumer goods, automotive components and electrical components, increasing demand for lightweight and high performance vehicles from users, stringent norms taken by the auto regulation authorities towards reduction in weight and efficiency improvement of vehicles and the trend of using recycled and bio-based plastic. On the contrary, constant development and updates undertaken by the plastics associations and environmental agencies on recycling norms, environmental policies, application scope and utilization quantity coupled with instability in petrochemical prices may hinder the growth of the Plastic Compounding Market over the forecast period. Plastic Compounding Market - Overview

3. www.marketresearchfuture.com3 Plastic Compounding Market Research Report- Forecast to 2023 In the Market Research Future (MRFR) report, the Plastic Compounding Market has been segmented on the basis of Product and Application. Based on Product, it is segmented into polybutylene terephthalate, thermoplastic vulcanizates, thermoplastic polyolefins, polycarbonate, polyamide, acrylonitrile butadiene styrene, polystyrene, polyethylene terephthalate, polyvinyl chloride, polyethylene and polypropylene. Of these, polypropylene will have the largest share in the plastic compounding market owing to serviceability and high impact resistance that has propelled its demand in the automotive industry. Based on Application, the Plastic Compounding Market is segmented into optical media, medical devices, industrial machinery, consumer goods, packaging, construction, electrical and electronics and automotive. Of these, the automotive segment will lead the market owing to plastic playing the chief role in automotive components production. View Full Press Release @ https://www.marketresearchfuture.com/reports/plastic-compounding-market- 4697https://www.marketresearchfuture.com/reports/plastic-compounding-market- 4697 Segmental Analysis

4. www.marketresearchfuture.com4 Plastic Compounding Market Research Report- Forecast to 2023 Regional Outlook Based on Region, the Plastic Compounding Market covers growth opportunities and latest trends across North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Of these, the APAC region will remain a lucrative market over the forecast period owing to rising demand from booming electrical and electronics and automotive industries along with exponentially increasing population, rising purchasing power and also the consolidation of the emerging markets including India, Thailand, China and South Korea is anticipated in creating opportunities for market players here. APAC will be followed by Europe which has the second largest share in the market and is expected to stay highly lucrative. The Plastic Compounding Market in North America will have a significant growth owing to rise in automotive production and increasing need for lightweight automobiles.

5. www.marketresearchfuture.com5 Plastic Compounding Market Research Report- Forecast to 2023 Major Players in this Research Plastic Compounding Market Prominent Players: LyondellBasell Industries NV SABIC Borealis INEOS DuPont BASF SE Versalis S.p.A (Eni S.p.A) Asahi Kasei Corporation Covestro AG SO.F.TER S.r.l 3M (Dyneon GmbH) LANXESS AG and Total SA Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4697https://www.marketresearchfuture.com/sample_request/4697

6. www.marketresearchfuture.com6 ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.

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