Plastic Compounding Market Outlook Highlights Major Opportunities by 2027 
                     Adroit Market Research
Global Plastic Compounding Market Size 2019
By Product (PVC, PET, PP, PBT, TPV, TPO, ABS), By 
Application (Automotive, Electrical & Electronics, 
Construction), By Region and Forecast to 2025
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Adroit Market Research
Global Plastic Compounding Market Expected To Witness Lucrative 
Growth With A CAGR Of 6.5% By 2025
• The global plastic compounding market surpassed USD 43.70 billion in 2019 and is expected to 
grow with a CAGR of 6.5% from 2019 to 2025. Prevalent use of plastic compounding owing to its 
increased usage in various industrial applications are contributing factors driving the global plastic 
compounding market.
• The adroit market research report on global plastic compounding gives a detailed information of 
the market from the year 2015 to 2025. The report comprises of market drives, restraints, 
opportunities and challenges. The historic period considered is from 2015 to 2017, followed by the 
forecasted period from 2019 to 2025. The other parameters considered are the Porter’s five forces 
analysis, PESTLE analysis considering all the futuristic approaches.
• The global plastic compounding market has been segmented based on product, application, and 
region. Based on the product, polypropylene (PP) held over a 30% share of the total plastic 
compounding industry in 2019. Its compounds are widely used in automotive applications due to 
high impact resistance and serviceability. 
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Adroit Market Research
Global Plastic Compounding Market Expected To Witness Lucrative Growth With 
A CAGR Of 6.5% By 2025
• Economic growth in the Asian and Latin American economies has powered demand in the 
automotive industry, both in terms of car purchases and domestic production. Considering the ever-
increasing output of vehicles, along with regulatory developments, which require manufacturers to 
minimize vehicle weight and boost fuel efficiency; the use of plastics in automotive applications will 
increase dramatically over the forecast era. 
• It has a strong tolerance to fatigue and greater chemical and temperature tolerance. These factors 
have made PP popular material for multiple applications in developed economies and emerging 
economies alike.
• By application, the automotive sector is expected to lead the product category over the forecast 
period. Increased incorporation of plastics as opposed to metals and alloys into automotive parts 
was a crucial factor in the development of the market. 
• In recent years, there has been a substantial rise in automobile demand, primarily led by the 
development of the industry and the industrial environment of emerging markets. China, India, and 
Brazil are the fastest-growing economies and are also the main automotive manufacturing hubs. 
This pattern is expected to persist in the future, thereby boosting demand for compound plastic.
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Adroit Market Research
Key Segments of the Global Plastic Compounding Market
Product Overview, 2015-2025 (USD Million) (Kilo Tons)
• Polypropylene
• PET
• TPV
• TPO
• PVC
• PBT
• ABS
Application Overview, 2015-2025 (USD Million) (Kilo Tons)
• Automotive
• Electrical and Electronics
• Construction
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Adroit Market Research
Key Segments of the Global Plastic Compounding Market
Regional Overview, 2015-2025 (USD Million)
• North America
• Europe
• Asia Pacific
• Central and South America
• Middle East & Africa
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Adroit Market Research
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