The Plastic Compounding Global Market Report 2023, provides comprehensive information on the plastic compounding market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Plastic Compounding Market’s Growth:
https://www.thebusinessresearchcompany.com/report/plastic-compounding-global-market-report
As per The Business Research Company’s Plastic Compounding Global Market Report 2023, the global plastic compounding market size is expected to grow from $624.46 billion in 2022 to $674.38 billion in 2023 at a compound annual growth rate (CAGR) of 8%.The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global plastic compounding market size is expected to reach $883.31 billion in 2027 at a CAGR of 7%.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=10323&type=smp
Technological advancements are a key trend gaining popularity in the plastic compounding market. Major companies operating in the plastic compounding market are focused on developing innovative technologies to strengthen their position in the market. For instance, in November 2022, Lummus Technology LLC., a US-based developer of process technologies launched Novolen Pure polypropylene (PP) technology. This innovative new grade range of polymers can help with the manufacturing of high-quality goods for automotive, medical, and food packaging materials. This unique non-phthalate manufacturing approach delivers significant energy savings by establishing a superior hydrogen reaction with the catalyst. It also offers various versions that are relevant to an operator’s process and end-product requirements.
The plastic compounding market is segmented:
1) By Product: Polyethylene (PE), Polypropylene (PP), Poly Vinyl Chloride (PVC), Polystyrene (PS), Polyethylene Terephthalate (PET), Polybutylene Terephthalate (PBT), Polyamide (PA), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Other Products
2) By Source: Fossil-Based, Bio-Based, Recycled
3) By Application: Automotive And Transportation, Infrastructure And Construction, Electrical And Electronics, Packaging, Consumer Goods And Lifestyle, Industrial Machinery, Other Applications
Asia-Pacific was the largest region in the plastic compounding market in 2022.
The table of contents in TBRC’s plastic compounding market report includes:
.
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The ai-enabled x-ray imaging solutions global market report 2024from The Business Research Company provides comprehensive…
The biomaterial wound dressing global market report 2024from The Business Research Company provides comprehensive market…
The generative ai in software development lifecycle global market report 2024from The Business Research Company…
The failure analysis global market report 2024from The Business Research Company provides comprehensive market statistics,…
The assisted living facility and neurorehabilitation global market report 2024from The Business Research Company provides…
The digital english language learning global market report 2024from The Business Research Company provides comprehensive…