Report overview
Combining a plastic resin with colors, additives, modifiers, fillers, reinforcements or other polymers has become a common practice, as about half of the plastic consumed in the world cannot be used as base resin. The compounding process is used to convert base resin into desired plastic that is more uniform, effective, and usable across varied applications. Plastics have traditionally been used in various applications such as automotive components, packaging, toys, furniture, electronic components, and construction materials. Manufacturing of plastic compounds entails three ingredients or raw materials: polymers, additives, and fillers. Polymers primarily comprise polypropylene and polyethylene. Polypropylene may be categorized into homopolymers or block copolymers. Prices of plastics have been on the rise in the past few years owing to instability in prices of petrochemicals and higher substitution potential of their bio-based counterparts.
This report aims to provide a comprehensive presentation of the global market for Automotive Plastic Compounding, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Plastic Compounding. This report contains market size and forecasts of Automotive Plastic Compounding in global, including the following market information:
Global Automotive Plastic Compounding Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Plastic Compounding Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Automotive Plastic Compounding companies in 2022 (%)
The global Automotive Plastic Compounding market was valued at US$ 193.6 million in 2022 and is projected to reach US$ 289.4 million by 2029, at a CAGR of 5.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Increasing use of thermosets and thermoplastics in automotive component manufacturing is a key factor anticipated to fuel industry growth. Integration of electronics in automobiles has led to high demand for plastics in instrument panels with integrated high-end electronic devices. Plastic compoundss offer high safety & electrical insulation when compounded with additives, thereby being prefered over base resins.
We surveyed the Automotive Plastic Compounding manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Plastic Compounding Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Automotive Plastic Compounding Market Segment Percentages, by Type, 2022 (%)
Acrylonitrile Butadiene Styrene (ABS)
Polypropylene (PP)
Polyurethane (PU)
Polyvinyl Chloride (PVC)
Polyethylene (PE)
Global Automotive Plastic Compounding Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Automotive Plastic Compounding Market Segment Percentages, by Application, 2022 (%)
Instrument Panels
Powertrain
Door Systems
Interior Components
Exterior Fascia
Under the Hood Components
Others
Global Automotive Plastic Compounding Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Automotive Plastic Compounding Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Plastic Compounding revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Plastic Compounding revenues share in global market, 2022 (%)
Key companies Automotive Plastic Compounding sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Automotive Plastic Compounding sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF
SABIC
DowDuPont
LyondellBassell Industries
A. Schulman
RTP Company
S&E Specialty Polymers, LLC
Dyneon GmbH.
Asahi Kasei Plastics
Covestro (Bayer Material Science)
Ferro Corporation
Washington Penn Plastics Company
Eurostar Engineering Plastics
Kuraray Plastics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Plastic Compounding, market overview.
Chapter 2: Global Automotive Plastic Compounding market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Plastic Compounding manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Plastic Compounding in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Plastic Compounding capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
