A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled "Plastic Compounding Market Overview and Predictions on Size, Share and Growth Assessment Through 2027" which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global plastic compounding market. The Porter’s Five Forces model for the plastic compounding market has also been included to help understand the competitive landscape. The study covers market attractiveness analysis, wherein resin types are benchmarked based on their market value, growth rate, and general attractiveness.
The study provides a conclusive view of the global plastic compounding market by segmenting it in terms of resin type, end-use industry, and region. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecast demand for plastic compounds in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report also covers the demand for individual end-use industry segments in all the regions.
Plastic compounding is one of the effective methods for transforming the characteristics of engineered thermoplastics using a blend of plastics and additives. This compounding process tends to change the physical, thermal, electrical, or esthetic characteristics of the plastic. The process entails incorporation of an extensive range of additives, fillers, and reinforcers to base resin in order to achieve a wide range of conductivity, flame retardancy, wear resistance, and structural and precoloring properties. These plastic compounds offer superior physical properties that augment their performance for various automotive, electronics, industrial, medical, and consumer goods applications. The global plastic compounding market is expected to expand at a significant pace during the forecast period, driven by the increase in production of automotive components and electrical & electronic devices. The plastic compounding market was valued at around US$ 4,500.0 Mn in 2018 and is projected to expand at a CAGR of around 5.5% during the forecast period.
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The study includes profiles of major companies operating in the global plastic compounding market. Eminent players profiled in the global plastic compounding market include BASF SE, RTP Company, Ravago Group, SABIC, LyondellBasell Industries Holdings B.V., DowDuPont Inc., Mexichem Specialty Compounds Inc. (Mexichem S.A.B. de C.V.), Coperion GmbH, Adell Plastics, Inc, Sojitz Corporation, Polyvisions Inc, Celanese Corporation, Covestro AG, Teknor Apex, Trinseo LLC, Asahi Kasei Corporation, Mitsui Chemicals, Inc., KRATON CORPORATION, Kuraray America, Inc., and KRAIBURG. Market players have been profiled in terms of attributes such as company overview, business strategies, recent developments, and financial details.
In order to compile the research report, in-depth interviews and discussions have been conducted with several key market participants and opinion leaders. Primary research represents a bulk of research efforts, supplemented by an extensive secondary research. Key players’ annual reports, press releases, and relevant documents have been reviewed for competition analysis and market understanding. Secondary research also includes a search of recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proved to be a highly reliable, effective, and successful approach for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
Key Takeaways
Comprehensive analysis of the plastic compounding market trends and shares from 2018 to 2027 at global and regional level to identify growth opportunities and analyze market developments
Detailed country and sub-region analysis and forecast for key countries such as the U.S., Canada, the U.K., Germany, France, Italy, Spain, Turkey, Russia & CIS, India, China, Japan, ASEAN, Brazil, Mexico, Peru, Chile, Argentina, GCC, and South Africa
Exhaustive analysis of price trends with respect to resin type and region that are expected to impact the outlook of the global plastic compounding market
Porters’ Five Forces analysis that highlights the bargaining power of buyers and suppliers to enable stakeholders to make profit-oriented business decisions
Extensive market outlook of key geographic regions along with market drivers, inhibitors, current & future market trends, and emerging applications
Comprehensive list of key potential clients across major end-use industries in different geographies
Thorough import-export analysis of major polymers across the globe
Regional level production output to comprehend the demand-supply scenario
Competitive landscape covers key companies’ profiling, market share analysis, market footprint analysis, competitive business strategies, channels, and competition matrix for key players
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