-- Consumer inclination towards vehicle safety, reliability and enhanced fuel economy are promoting the adoption of innovative automotive plastics in interior, exterior and under the hood applications. Stringent vehicle emission norms and standards specified by regional government bodies are supporting the incorporation of lightweight plastic products. Further, innovative materials such as bio-based FDME have higher potential to replace petroleum-based materials in many applications in industries like textiles, packaging and plastics engineering.
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Plastic compounding plays a vital role in enhancing the performance characteristics of plastic resins with additives to cater the growing consumer requirements. Customized polymer formulations are developed to meet specific demand by aerospace, electronics and packaging industries Increasing commercial and residential infrastructure projects coupled with rising awareness regarding attractive home interiors options will positively influence the industry size. Enhanced durability, corrosion resistance, insulation and easy to install features are providing potential opportunities for increased applications in window frames, interior design, piping and insulation products. Enhanced flexibility, durability and adaptability offered by thermoplastic polymers enable their integration in consumer goods and packaging industry. Moreover, improvement in tensile strength and chemical resistance are positively influencing the product lifecycle and reusability.
Plastic Compounding Market is likely to reach USD 56.9 billion by 2026. Integration of lightweight plastic materials for automotive and construction applications will drive the market share over the study timeframe
Some major findings of the plastic compounding market report include:
- Increasing preference towards replacement of metallic components with plastic products are providing potential weight savings, superior design flexibilities and reduced manufacturing costs
- Proliferating commercial construction sector in conjunction with ongoing public infrastructure development activities will support the industry expansion
- Increasing vehicle production in Europe and Asia Pacific economies including China, Japan, Germany and Spain is expected to provide potential growth prospects for industry expansion.
- Ongoing technological advancements and chemical based innovations are likely to promote new eco-friendly products over the study timeframe
- Introduction of advanced injection molding and automated production technologies will increase the revenue generation opportunities
- Industry participants are expanding their production plants and manufacturing capabilities to strengthen their foothold in the industry
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Initiatives and programs undertaken for reducing the environmental impact and increase the adoption of industrially compostable and reusable plastics will provide positive outlook for the industry expansion. However, oscillating crude oil prices will result in finished product price fluctuations, further restricting the industry size.
Strategic acquisitions and collaborations of industry participants are significantly contributing towards expanding their global business operations. Increasing demand of compounded plastics is providing potential opportunities for expansion of production facilities and new product penetrations to serve a large consumer base. For instance, SABIC launched ?HDPE P6006L? polyethylene for production of pipes of greater diameter and higher density while maintaining higher stability.
Table of content:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.1.4.1. Definitions
1.1.4.2. Forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Plastic compounding industry 360 degree synopsis, 2016 - 2026
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Industry trends
2.1.4. Regional trends
Chapter 3. Plastic Compounding Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2016 - 2026
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Growing construction industry
3.4.1.2. Increasing product application in automotive sector
3.4.1.3. Increasing consumer goods sales in Asia Pacific
3.4.2. Industry pitfalls & challenges
3.4.2.1. Environmental regulations regarding plastic recycling and application scope
3.4.2.2. Oscillating crude oil prices
3.5. Bio-based plastic compounding market potential & scope
3.5.1. Technology landscape
3.5.2. Penetration price
3.5.3. Commercialization status
3.5.4. Potential customers
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Pricing analysis
3.7.1. Regional pricing
3.7.2. Cost structure analysis
3.8. Innovation & sustainability
3.9. Growth potential analysis
3.9.1. Patent landscape
3.10. Porter's analysis
3.11. Industry best practices and key buying criteria
3.12. Competitive landscape, 2018
3.12.1. Company market share analysis
3.12.2. Top players overview
3.12.3. Strategy dashboard
3.13. PESTEL analysis
Chapter 4. Plastic Compounding Market, By Product
4.1. Plastic compounding market product insights
4.2. Thermoplastic polymers
4.2.1. Global market estimates and forecast, 2016 - 2026
4.2.2. Market estimates and forecast, by region, 2016 - 2026
4.2.3. Polyethylene
4.2.3.1. Global market estimates and forecast, 2016 - 2026
4.2.3.2. Market estimates and forecast, by region, 2016 - 2026
4.2.4. Polypropylene
4.2.4.1. Global market estimates and forecast, 2016 - 2026
4.2.4.2. Market estimates and forecast, by region, 2016 - 2026
4.2.5. Polyester
4.2.5.1. Global market estimates and forecast, 2016 - 2026
4.2.5.2. Market estimates and forecast, by region, 2016 - 2026
4.2.6. Polycarbonate
4.2.6.1. Global market estimates and forecast, 2016 - 2026
4.2.6.2. Market estimates and forecast, by region, 2016 - 2026
4.2.7. Polyethylene terephthalate
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Related Report:
Global (United States, European Union and China) Thermoplastic Compounding Market Research Report 2019-2025
Compounding consists of preparing plastic formulations by mixing or/and blending polymers and additives in a molten state, these blends are automatically dosed with fixed setpoints usually through feeders/hoppers. It is mostly a blend of copolymers such as ABS, SAN, SMA etc. with additives such as anti-oxidants, UV-stabilizers and other value adding agents and sometimes a strengthening component is added such as glass fibre.
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Related Report: https://www.marketwatch.com/press-release/molluscicides-market-size-2019-to-2024-status-and-trend-by-leading-companies-regional-outlook-2019-11-08
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