Plastic Compounding Market Size is Expected to total US$ 932,575.9 million by 20

1. Market Research Report EXCLUSIVE EDITION Global Plastic Compounding Market Report Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

2. Plastic Compounding Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

3. ABOUT MARKET STATSVILLE GROUP (MSG) Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG was initiated its working in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services. Market Statsville is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. Market Statsville is your global data intelligence partner for reliable market research data, data gathering, and analytical services. MSG also has an extensive network of top-flight domestic and global research personals around the world, enabling us to provide high-quality worldwide research solutions that cater to a well-established company, government organizations, or a startup. MSG's clients have the authority to work directly with one or more of our researchers to gather the most useful data knowledge and analytical plan to formulate it in the actual practice. Market Statsville Group believes that to succeed, companies or individuals must blend digital and human capabilities most efficiently. MSG diverse and experienced global team of business consultants and market researchers will ensure the valuable reports for our clients through digging in-depth market information and functional expertise to continuously spark the changes and real-time valuation of variation in the market/industry. MSG works in a uniquely collaborative model throughout the business process across the globe to assist the client's company with the most accurate information that they are aiming for in the reports. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

5. Plastic Compounding Market 2021: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2027 Plastic Compounding Market by Polymer Type (Polypropylene, Polyethylene, Polyvinyl Chloride, Polyethylene Terephthalate, Polyurethane), by End-Use (Automotive, Electrical & Electronics, Medical), by Region – Global Share and Forecast to 2027 Description The global plastic compounding market is expected to grow from USD 642,738.7 million in 2020 to USD 932,575.9 million by 2027, at a CAGR of 6.4% from 2021 to 2027. Plastic compounding is changing the properties of basic plastics and thermoplastics by combining plastics and additives. Plastic compounds are lightweight and have exceptional physical features such as a wide range of conductivity, flame retardancy, and wear resistance. These characteristics boost demand in various industries, including building and construction, packaging, automotive, and electrical and electronics. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

6. Plastic compounds are widely used in the electronic and electrical industries for electromagnetic shielding and antistatic applications. In addition, they are replacing metal components in the automotive industry. This has helped in increasing car safety by reducing the total weight of the vehicle. Plastic compounding has also lowered the carbon emissions and increased fuel efficiency and performance of vehicles in the automotive industry. An increase in the disposable income of individuals and rapid industrialization across emerging economies such as China and India have fueled the demand for automobiles. The rise in the production of lightweight vehicles and the growth in demand for electric vehicles are some of the major drivers of this market. Asia-Pacific is the leading manufacturer of electronic devices. Over the past few years, there has been a growth in the demand for electronic devices across the region owing to technological advancements in the electronic industry. Many leading electronic component manufacturers have set up plants in Indonesia, India, South Korea, and China. This is anticipated to drive the growth of this market. Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/plastic- compounding-market Global Plastic Compounding Market Dynamics Drivers: Surge in production of lightweight automobiles The rise in demand for fuel-efficient vehicles to reduce weight, running costs, and fuel consumption result in the penetration of plastic composites into the automotive sector. Plastic composites are lighter and offer stiffness to vehicles. This factor is expected to boost the demand for plastic compounding in the automotive sector. The introduction of new car models with more features and wide usage is anticipated to increase the production of composites for automotive applications. The environmental regulations about low CO2 emissions and increased fuel efficiency in Europe and the U.S. further boost the demand for plastic compounding in the global market. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

7. Restraints: Increase in prices of plastic compounds Plastic is manufactured using different thermoplastic and thermosetting polymers such as polypropylene, polycarbonates, acrylonitrile butadiene styrene, and epoxy resins. These are petroleum-based resins, and the production cost of these resins largely depends on the cost of crude oil prices. In recent years, a substantial decline and upsurge have been noticed in crude oil prices, and this volatility in crude oil prices is anticipated to restrain the growth of the plastics compounding market. Opportunities: Advancement in filler material technology Plastics are usually comprised of a base resin compounded with fillers, color-enhancing pigments, plasticizers, and other additives. Several resin/additive combinations are used to make different plastic products. Performance is derived from the chemistry of the base resin and its interaction with the types and proportions of additives used. Several ongoing research on plastic to achieve new performance characteristics and the biodegradable features have a high recycle potential or are made from renewable/non-petroleum materials. There is also a development of plastics with nanotechnology and composite technology, offering promising growth in high- performance materials. Such innovations and development in the plastic industry are expected to offer future growth opportunities to the plastic compounding market. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

8. Scope of the Report The study categorizes the plastic compounding market based on polymer type and end-users at the regional and global levels. Direct Purchase Report: https://www.marketstatsville.com/buy-now/plastic-compounding- market?opt=2950 By Polymer Type Outlook (Sales, USD Million, 2017-2027) •Polypropylene (PP) •Polyethylene (PE) •Polyvinyl Chloride (PVC) •Polystyrene (PS) & Expanded Polystyrene (EPS) •Polyethylene Terephthalate (PET) •Polyurethane (PU) •Acrylonitrile Butadiene Styrene (ABS) •Others By End-Use Outlook (Sales, USD Million, 2017-2027) •Automotive •Building & Construction •Electrical & Electronics •Medical •Packaging •Others © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

9. By Region Outlook (Sales, USD Million, 2017-2027) •North America (US, Canada, Mexico) •South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) •Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) •Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific) •The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA) Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/plastic-compounding-market The polypropylene segment is projected to account for the largest market share by polymer type Depending on polymer type, the global plastic compounding market is classified into polypropylene (PP), polyethylene (PE), polyvinyl chloride (PVC), polystyrene (PS) and expanded polystyrene (EPS), polyethylene terephthalate (PET), polyurethane (PU), acrylonitrile butadiene styrene (ABS), and other polymers. The polypropylene segment was accounted for the largest market share as it covered 22.8% of the market in 2020. Polypropylene is one of the commonly used plastics across the world. It can be used as plastic as well as fiber. Polypropylene is used in food & beverage containers owing to its high chemical resistance and translucent nature. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

10. Moreover, it is widely utilized in several end-use applications such as rigid packaging, automotive, consumer products, and flexible packaging. In addition, the heat resistance of polypropylene makes it conducive for medical and laboratory instruments where autoclaving is required. Polypropylene is used for compounding as it offers improved surface finish, tensile strength, flexural modulus, and increased conductivity. Europe accounts for the highest CAGR during the forecast period Based on the regions, the global plastic compounding market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, Europe is estimated to hold the highest CAGR of 6.7% in the global plastic compounding market during the forecast period. Countries such as Germany, France, the UK, and Russia, are the major contributors to the revenue of this region. Builders, architects, and service consultants are constantly looking for ways to enhance energy efficiency in buildings. Thus, the plastic compounding market is gaining popularity, owing to improved energy efficiency in buildings and a surge in energy prices. Request For Report Description: https://www.marketstatsville.com/plastic-compounding- market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

11. Thank You Thank You Market Market Statsville StatsvilleGroup (MSG) Group (MSG) F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 Phone : +91 702 496 8807 Mail : sales@marketstatsville.com 800 Third Avenue Suite A #1519 New York, NY 10022 Phone : +1 (646) 663-5829 Mail : sales@marketstatsville.com