Product Code: GVR-4-68038-378-2
Plastic Compounds Market Growth & Trends:
The global plastic compounds market size is expected to reach USD 108.2 billion by 2030 registering a CAGR of 5.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is estimated to be driven by packaging applications across the globe. The product demand in the packaging industry is driven by high consumerism in major economies, such as China, India, Germany, the U.S., and Brazil. Various regulatory bodies have stipulated guidelines regarding packaging materials in food contact applications. Polypropylene (PP) compounds offer a cost-effective packaging solution and help enhance impact strength, flexibility, clarity, and process efficiency. High demand for Polyethylene (PE) in the packaging industry has majorly contributed to the growth of the packaging end-use segment.
The global COVID-19 pandemic moderately affected the product demand in packaging application in 2020. The demand for packaging for healthcare products, food products, groceries, and e-commerce transportation increased sharply, while the demand for luxury, industrial, and some B2B transport packaging witnessed decline owing to the slowdown and halt in industrial operations. The recommencing industrial operation is expected to positively influence the demand in industrial, and B2B transport packaging in the coming years.
The glass fiber reinforce filler segment is estimated to witness significant growth over the forecast period as these compounds are widely used in building & construction applications. Moreover, they are used to construct domes, fountains, columns, planters, panels, sculptures, facade, roofs, and various other construction components. Components produced using glass fiber reinforced plastics have one-fourth of the weight of steel with similar tensile and compressive strength. Thus, the growth of the building & construction activities across the globe is likely to drive the segment over the forecast period. Glass fiber reinforced plastic is also used for manufacturing boats, which requires water resistance to prevent corrosion and improve the service life of boats.
Plastic Compounds Market Report Highlights:
- In terms of revenue, the automotive end-use segment accounted for the largest revenue share of the global market in 2024 and is expected to witness prominent growth over the forecast period
- Asia Pacific was the dominant regional market in 2024 owing to the growing demand for automobiles in the region coupled with favorable FDI norms by various governments encouraging the adoption of Electric Vehicles (EVs)
- Strategic partnerships, capacity expansions, and new product developments are popular strategies adopted by a majority of players operating in this market
- For instance, in January 2021, Eurostar Engineering Plastics was acquired by Ascend Performance Materials, a Houston-based manufacturer of polyamide 66 resin
- This acquisition helped both the companies to expand their compounding product market globally
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Plastic Compounds Market Variables, Trends & Scope
- 3.1. Global Plastic Compounds Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.4.1. Policies and Incentive Plans
- 3.4.2. Standards and Compliances
- 3.4.3. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Substitution Threat
- 3.6.4. Threat from New Entrant
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Social Landscape
- 3.7.4. Technological Landscape
- 3.7.5. Environmental Landscape
- 3.7.6. Legal Landscape
Chapter 4. Plastic Compounds Market: Resin Outlook Estimates & Forecasts
- 4.1. Plastic Compounds Market: Resin Movement Analysis, 2024 & 2030
- 4.1.1. Polypropylene (PP)
- 4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.2. Thermoplastic Elastomers (TPE)
- 4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.3. Polyethylene (PE)
- 4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.3.2. TPS (Saturated and Unsaturated)
- 4.1.3.3. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.3.4. Thermoplastic Polyolefins (TPO)
- 4.1.3.5. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.3.6. Thermoplastic Vulcanizates (TPV)
- 4.1.3.7. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.4. Polystyrene (PS)
- 4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.5. Polybutylene Terephthalate (PBT)
- 4.1.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.6. Polyamide (PA)
- 4.1.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.7. Polycarbonate (PC)
- 4.1.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.8. Acrylonitrile Butadiene Systems (ABS)
- 4.1.8.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.9. Bioplastic (excluding PBT)
- 4.1.9.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.10. Acrylonitrile Styrene Acrylate (ASA)
- 4.1.10.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.11. Styrene Acrylonitrile (SAN)
- 4.1.11.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.12. Polymethyl Methacrylate (PMMA)
- 4.1.12.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.13. Polyoxymethylene (POM)
- 4.1.13.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.14. Blends (PC/ABS, ABS/PBT, PS/PP)
- 4.1.14.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Plastic Compounds Market: End Use Outlook Estimates & Forecasts
- 5.1. Plastic Compounds Market: End Use Movement Analysis, 2024 & 2030
- 5.1.1. Automotive
- 5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.2. Appliances
- 5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.3. Electrical, Electronics & Electrotechnical
- 5.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.4. Building & Construction
- 5.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.5. Furniture
- 5.1.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.6. Power Tools
- 5.1.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.7. Packaging
- 5.1.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.8. Agriculture
- 5.1.8.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.9. Sport & Leisure
- 5.1.9.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.10. Healthcare
- 5.1.10.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.11. Others
- 5.1.11.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 6. Plastic Compounds Market: Technology Outlook Estimates & Forecasts
- 6.1. Plastic Compounds Market: Technology Movement Analysis, 2024 & 2030
- 6.1.1. Injection Molding
- 6.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.2. Extrusion
- 6.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.3. Blow Molding
- 6.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.4. Others
- 6.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 7. Plastic Compounds Market: Filler Outlook Estimates & Forecasts
- 7.1. Plastic Compounds Market: Filler Movement Analysis, 2024 & 2030
- 7.1.1. Unfilled
- 7.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.1.2. Carbon Fiber Reinforced
- 7.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.1.3. Flame Retardant
- 7.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.1.4. Glass Fiber Reinforced
- 7.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.1.5. Long Glass Fiber Filled
- 7.1.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.1.6. Calcium Carbonate Filled
- 7.1.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.1.7. Talcum Filled
- 7.1.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 8. Plastic Compounds Market Regional Outlook Estimates & Forecasts
- 8.1. Regional Snapshot
- 8.2. Plastic Compounds Market: Regional Movement Analysis, 2024 & 2030
- 8.3. North America
- 8.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.3.2. Market Estimates and Forecast, By Resin, 2018 - 2030 (USD Million) (Kilotons)
- 8.3.3. Market Estimates and Forecast, By End Use, 2018- 2030 (USD Million) (Kilotons)
- 8.3.4. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million) (Kilotons)
- 8.3.5. Market Estimates and Forecast, By Filler, 2018 - 2030 (USD Million) (Kilotons)
- 8.4. Europe
- 8.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.4.2. Market Estimates and Forecast, By Resin, 2018 - 2030 (USD Million) (Kilotons)
- 8.4.3. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million) (Kilotons)
- 8.4.4. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million) (Kilotons)
- 8.4.5. Market Estimates and Forecast, By Filler, 2018 - 2030 (USD Million) (Kilotons)
- 8.5. Asia Pacific
- 8.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.5.2. Market Estimates and Forecast, By Resin, 2018 - 2030 (USD Million) (Kilotons)
- 8.5.3. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million) (Kilotons)
- 8.5.4. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million) (Kilotons)
- 8.5.5. Market Estimates and Forecast, By Filler, 2018 - 2030 (USD Million) (Kilotons)
- 8.6. Latin America
- 8.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.6.2. Market Estimates and Forecast, By Resin, 2018 - 2030 (USD Million) (Kilotons)
- 8.6.3. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million) (Kilotons)
- 8.6.4. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million) (Kilotons)
- 8.6.5. Market Estimates and Forecast, By Filler, 2018 - 2030 (USD Million) (Kilotons)
- 8.7. Middle East and Africa
- 8.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.7.2. Market Estimates and Forecast, By Resin, 2018 - 2030 (USD Million) (Kilotons)
- 8.7.3. Market Estimates and Forecast, By End Use, 2018 - 2030 (USD Million) (Kilotons)
- 8.7.4. Market Estimates and Forecast, By Technology, 2018 - 2030 (USD Million) (Kilotons)
- 8.7.5. Market Estimates and Forecast, By Filler, 2018 - 2030 (USD Million) (Kilotons)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Vendor Landscape
- 9.2.1. Company Categorization
- 9.2.2. List of Key Distributors and Channel Partners
- 9.2.3. List of Potential Customers/End Users
- 9.3. Competitive Dynamics
- 9.3.1. Competitive Benchmarking
- 9.3.2. Strategy Mapping
- 9.3.3. Heat Map Analysis
- 9.4. Company Profiles/Listing
- 9.4.1. Adell Plastics Inc.
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. Asahi Kasei Corporation
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. BASF
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. Chevron Phillips Chemical Company LLC
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. China XD Plastics Company Limited
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Covestro AG
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. Dow
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. DuPont
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. Qingdao Gon Plastics Co., Ltd
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. Foster, LLC
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Strategic Initiatives