Rise in Environmental Concerns Expected to Drive Global Plastic Compounding Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Plastic compounding is a manufacturing process of transforming the characteristics of basic plastics & thermoplastics using a mixture of plastics & additives. The blends are usually dosed automatically via feeders or hoppers with set-points. They have superior physical properties such as wide range of conductivity, flame retardancy, wear resistance, and light weight. The process has lowered the carbon emissions and increased fuel efficiency & performance of vehicles in the automotive industry. The plastic compounding are extensively used in industries for instance automotive, industry, electrical and electronics, medical and others. According to study, “Global Plastic Compounding Market: Information by Product (Polypropylene, Polyethylene, Polyvinyl Chloride, Polyethylene Terephthalate, and Others), Application (Automotive, Electrical & Electronics, Building & Construction), Region-Forecast till 2023” the key companies operating in the global plastic compounding market are Asahi Kasei Corporation, Borealis AG, SABIC, INEOS, Covestro AG, Mitsui Chemicals Inc., SO.F.TER S.r.l, LyondellBasell Industries Holdings BV, Versalis S.p.A (Eni S.p.A), Sojitz Corp., 3M, Mexichem SAB de CV, Lanxess AG, Celanese Corp., BASF SE, Hillenbrand Inc., DowDuPont. The plastic compounding market is moderately fragmented & highly competitive. Key companies are concentrating on growth strategies, for instance merger & acquisition activities, in order to support their product portfolio and boost market share. Ongoing research & development (R&D) activities among these players intending to improvement the behavioral properties of plastic compounds are predicted to drive the market in the near future. Based on type, plastic compounding market is segmented into additives and polymer/copolymers. Additives include anti-oxidants, reinforcement agents, UV stabilizers, colorants and others (thermo-stabilizer, laser-marking, flame-retardant, anti-microbial, anti-foaming agents, anti-static, oxygen scavenger, anti-block, CO2 barrier agents, metal deactivators). Based on product type, market is segmented into polyethylene, thermoplastic vulcanizates, polypropylene, poly vinyl chloride, polystyrene, thermoplastic polyolefins, polycarbonate, polyethylene, acrylonitrile butadiene styrene, polybutylene terephthalate, polyamide and others. In addition, based on application, market is segmented into automotive, electrical & electronics, construction, industrial machinery, packaging, optical media, consumer goods, medical devices and others. The packaging segment dominates the market due to increase in demand from food & beverages and consumer goods industry. The plastic compounding market is driven by rise in demand for light & innovative materials in the packaging industry, followed by increase in plastic consumption in the automotive industry, rise in construction industry, surge in infrastructure development, rise in environmental concerns, rapid industrialization & increase in disposable income, replacement for glass & metals and growth of key end-use industries. However, harmful impact of VOCs present in the coating and volatility in raw material prices may impact the market. Moreover, growth in use of recycled plastic in various end-use industries is a major trend for market. Furthermore, rise in use of bio-based plastic in various end-use applications is a key trend for market. Based on geography, the Asian-Pacific region holds major share in plastic compounding market owing to high rate of adoption of plastic compounds in electrical & electronics and automotive application in the region. The European and North-American regions are anticipated to witness significant growth rate due to growth in advancement in R&D activities among universities over the forecast period. It is projected that the market will be reached at rapid pace as a result of surge in demand for frozen food products during the forecast period. For more information, click on the link below: Global Plastic Compounding Market Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91 9015378249 Tags: Asahi Kasei Corporation (Japan) Plastic Compounding Market Revenue, Borealis AG (Austria) Plastic Compounding Market Share, China Plastic Compounding Market, Europe Plastic Compounding Market, Global Plastic Compounding Industry, Global Plastic Compounding Industry Research Report, Global Plastic Compounding Market, Global Plastic Compounding Market Application, Global Plastic Compounding Market Demand, Global Plastic Compounding Market Forecast, Global Plastic Compounding Market Growth, Global Plastic Compounding Market Insights, Global Plastic Compounding Market Manufacturers, Global Plastic Compounding Market Outlook, Global Plastic Compounding Market Research Report, Global Plastic Compounding Market Revenue, Global Plastic Compounding Market Share, Global Plastic Compounding Market Trends, India Plastic Compounding Market, INEOS (Switzerland) Plastic Compounding Market Revenue, Japan Plastic Compounding Market, Plastic Compounding Market Competitive Landscape, Plastic Compounding Market Drivers, Plastic Compounding Market Dynamics, Plastic Compounding Market Opportunity, Plastic Compounding Market Structure, Plastic Compounding Market Supply Chain Analysis, US Plastic Compounding Market