6th March 2020 – "Plastic
Compounding Market" 2026 Industry research report covers the
industry overview with Marketplace Size, Share, Development, futuristic cost,
earnings, demand and distribution data. Its wide study offers an analytical
summary of the marketplace that can help to the new and existing player to take
a significant decision.
The global Plastic Compounding Market is
expected to rise at a higher CAGR during the forecast period. To manufacture a
plastic material of macromolecular substance, it should be loaded with
antioxidants, lubricants, and fillers. Additives are used in order to enhance
the mechanical, electrical & chemical properties of plastic to simplify the
processing in order to enable its appearance and finish. Plastic compounding is
therefore a procedure of adding such additives to the substance.
Plastic compounding market is driven by
modernization of plastic industry and has a great potential for plastic
compounding industry in the near future. Plastic compounders are prominent
contributors to the market growth. Increase in medical device manufacturers and
shift from metal to plastic for 3D printing applications is supplementing the
market growth during the forecast period. Rise in construction expenditure and
use of engineered plastics are steadily growing in this sector. Therefore,
construction applications are enlarging the market landscape in near future.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Plastic Compounding Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Plastic Compounding Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
By product, the plastic compounding
market is segmented as thermoplastic polymers and thermosetting polymers. Thermoplastic
polymers are likely to grow at a higher pace during the forecast period.
Geographically, plastic compounding market is segmented into North America,
South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific
regions are expected to grow during the forecast period owing to favorable
economic conditions and rise of SMEs. China is a major hub for production of
end-use industries to consume plastic compounds. Europe market is likely to
witness moderate growth during the forecast period due to debt crisis, slower
industrial output and post-Brexit crisis is likely to remain dominant in
Europe.
U.S. market retains the higher position
owing to the rise in automotive and construction sector. The key players
profiled in the plastic compounding industry report are A.Schulman, BASF,
DuPont, The Dow Chemical Company, LyondellBassell Industries, and SABIC.
Major Companies operating in the
industry are:
·
A.Schulman
·
BASF
·
DuPont
·
The Dow Chemical Company
·
LyondellBassell Industries
·
SABIC
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