Global Compounded Resins Market 2018-2022

The compounded resins market size will grow by USD 133.74 billion during 2018-2022. This report offers an analysis of the market based on products (thermoplastic polymers, thermosetting polymers, and elastomers), and end-users (automotive and aerospace, household goods, construction and infrastructure, electrical and electronics, and others). The compounded resins market research report further presents in-depth insights into the growth prospects of the market across the Americas, APAC, and EMEA. The report analyzes the market’s competitive landscape and offers information on several companies including A.Schulman, BASF, DowDuPont, LyondellBasell Industries Holdings, RTP Company, SABIC, and Solvay.

Below are some of the key findings from the compounded resins market research report

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Get a FREE sample now!

Global compounded resins industry overview

A significant factor driving the growth of the market is the increasing demand for plastic materials in the automotive industry.  Government regulations, such as the Corporate Average Fuel Economy (CAFE) standards, have propelled the automotive industry to reduce the overall weight of vehicles. Plastic materials are used to substitute metal components for achieving vehicle light-weighing goals in the automotive industry. Furthermore, environmental concerns and cost savings are also the key factors boosting the growing adoption of plastic materials like compounded resins in the automotive industry. With the increasing vehicle production, the demand for compounded resins will increase during the forecast period.

The increasing production capacities and installation of new compounding plants is identified as one of the key emerging trends in the global compounded resins market. The growing demand from end-user industries has propelled market vendors to start new production or expand their existing production line for meeting the increasing demand for compounded resins. As a result, the rising demand for plastic materials in the automotive industry coupled with the expanding production capacities as well as the installation of new compounding plants will fuel the market to grow at a CAGR of nearly 6% during the forecast period.

Top compounded resins companies covered in this market research report

The compounded resins market is moderately fragmented with various compounded resins manufacturers planning to start new production plants for expanding their existing production line. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this compounded resin industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• A.Schulman
• BASF
• DowDuPont
• LyondellBasell Industries Holdings
• RTP Company
• SABIC
• Solvay

Compounded resins market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period. The growth of compounded resins market in economies including China and India can be attributed to the increasing application of plastics compounding in the growing automotive sector in the region.

Compounded resins market segmentation based on end users

• Automotive and aerospace
• Household goods
• Construction and infrastructure
• Electrical and electronics

The automotive and aerospace sector will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various end users segments to the growth of the compounded resins market size.

Key highlights of the global compounded resins market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the compounded resins market during the next five years
• Precise estimation of the global compounded resins market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the compounded resins industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of compounded resins companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch