プラスチック用コンパウンド市場 : 2029年までの世界予測

Plastic Compounds Market - Global Forecast to 2029

プラスチック用コンパウンド市場 : 製品 (PVC、PP、PE、PS、PA、PC、PET、PU、ABS)、供給元、最終用途産業 (自動車、包装、電気・電子、建築・建設、消費財、医療)、地域別 - 2029年までの世界予測
Plastic Compounds Market by Product (PVC, PP, PE, PS, PA, PC, PET, PU, ABS), Source, End-use Industry (Automotive, Packaging, Electrical & Electronics, Building & Construction, Consumer Goods, Medical), and Region - Global Forecast to 2029
出版年月2024年6月
ページ数266
図表数313
価格タイプシングルユーザライセンス
価格USD 4950
種別英文調査報告書

Report Overview

The plastic compounds market size is projected to grow from USD 70.8 billion in 2024 to USD 97.3 billion by 2029, registering a CAGR of 6.6% during the forecast period.

プラスチック用コンパウンド市場規模は、2024年の708億米ドルから2029年までに973億米ドルに成長すると予測されており、予測期間中に6.6%のCAGRを記録します。

プラスチック用コンパウンド市場 : 2029年までの世界予測

The adaptability and diverse properties of plastic compounds have made them indispensable in meeting the evolving needs of the packaging, and building, & construction industries, driving the growth of the global plastic compounds market. In addition, rising adoption of recyclable plastic compounds also drives the market.

“Polycarbonate (PC) is projected to be the second fastest growing segment by product in terms of value.”
PC compounds are a vital segment of the global plastic compounds market, renowned for their exceptional strength, transparency, and impact resistance. These compounds are widely utilized in industries such as automotive, electronics, construction, and medical devices. The demand for PC compounds is driven by the increasing need for high-performance materials that can withstand harsh conditions and mechanical stress. Advancements in compounding technology are leading to the development of specialized PC blends that offer improved UV resistance, chemical resistance, and thermal stability, broadening their application scope. The growing focus on sustainability is also fostering the production of recyclable and eco-friendly PC compounds.

プラスチック用コンパウンド市場 : 2029年までの世界予測 ecosystem

“Recycled segment to be the second fastest growing segment by source in terms of value.”
Recycled plastic compounds, derived from post-consumer or post-industrial plastic waste, are experiencing several key trends driven by environmental concerns, technological advancements, and market demand. As consumers and businesses become more aware of the environmental impact of plastic pollution, there’s a growing demand for products and packaging made from recycled materials. This trend is driving manufacturers to incorporate higher percentages of recycled content into their products, leading to increased demand for recycled plastic compounds.

“Building & construction accounted for the second largest share in the end-use industry segment of plastic compounds market in terms of value.”
Plastic compounds are widely used in various building & construction applications. From the construction of new houses to retrofit and renovation of commercial buildings, and from hospitals to schools, plastics help to maximize cost efficiency, and provide enhanced durability. Plastic compounds are extensively used in residential buildings for various applications, contributing to their durability, versatility, and cost-effectiveness. PVC is a common plastic compound used for flooring, wall materials, and other applications in residential buildings. They offer a cost-effective alternative to traditional building materials like metal, wood, and masonry. Plastic compounds offer durability weather resistance, and longevity, thus reducing maintenance costs. They provide enhanced design flexibility, allowing for the creation of various components like electric wiring, flooring, wall covering, waterproofing, fasteners, pipes, valves, fittings, hinges, and decorative touches. Plastics can be molded into different shapes and sizes to meet specific requirements.

“Europe is the third-largest market for plastic compounds.”
Europe holds the third-largest market share globally in the plastic compounds market due to several key factors. Firstly, the region benefits from a well-established infrastructure, advanced research and development capabilities, and stringent regulatory standards, fostering innovation and quality in plastic compounds products. The increasing demand for plastic compounds from the transportation and medical industries is the major driver of the market in the region. The stringent environmental regulations implemented in the European region require vehicles to lower emissions. Plastic compounds provide a lightweight alternative for various conventional materials used in the construction of automotive components. This has led to the increased usage of plastic compounds in the automotive industry to manufacture various interior, exterior, and under-the-hood components in the region.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the plastic compounds market, and information was gathered from secondary research to determine and verify the market size of several segments.
• By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
• By Designation: C Level Executives– 20%, Directors – 10%, and Others – 70%
• By Region: North America – 20%, Europe – 20%, APAC – 40%, South America- 10% , and
the Middle East & Africa –10%

プラスチック用コンパウンド市場 : 2029年までの世界予測 region

The plastic compounds market comprises major players such as BASF SE (Germany), The Dow Chemical Company (US), LyondellBasell Industries Holdings B.V. (Netherlands), SABIC (Saudi Arabia), Asahi Kasei Corporation (Japan), Covestro AG (Germany), Arkema (France), RTP Company (US), and Westlake Corporation (US). The study includes in-depth competitive analysis of these key players in the plastic compounds market, with their company profiles, recent developments, and key market strategies.

Research Coverage
This report segments the market for plastic compounds market on the basis of product, source, end-use industry, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for plastic compounds market.

Key benefits of buying this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the plastic compounds market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the plastic compounds market offered by top players in the global plastic compounds market.
• Analysis of drivers: (increasing demand in packaging and building & construction industries, rising adoption of recyclable plastic compounds), restraints (volatility in raw material prices, availability of substitutes), opportunities (growth in automotive & transportation industry, advancements in additive manufacturing), and challenges (plastic waste management crisis) influencing the growth of plastic compounds market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the plastic compounds market.
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for plastic compounds market across regions.
• Market Capacity: Production capacities of companies producing plastic compounds are provided wherever available with upcoming capacities for the plastic compounds market.
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the plastic compounds market.

Table of Contents

1            INTRODUCTION            24

1.1         STUDY OBJECTIVES      24

1.2         MARKET DEFINITION   24

1.2.1      INCLUSIONS AND EXCLUSIONS 25

TABLE 1             PLASTIC COMPOUNDS MARKET: INCLUSIONS AND EXCLUSIONS    25

1.3         STUDY SCOPE  25

FIGURE 1           PLASTIC COMPOUNDS MARKET SEGMENTATION         25

1.3.1      YEARS CONSIDERED     26

1.4         CURRENCY CONSIDERED          26

1.5         UNITS CONSIDERED     26

1.6         STAKEHOLDERS            26

1.7         IMPACT OF RECESSION 27

2            RESEARCH METHODOLOGY     28

2.1         RESEARCH DATA           28

FIGURE 2           PLASTIC COMPOUNDS MARKET: RESEARCH DESIGN    28

2.1.1      SECONDARY DATA       29

2.1.1.1   Major secondary sources    29

2.1.1.2   Key data from secondary sources     29

2.1.2      PRIMARY DATA 30

2.1.2.1   Primary data sources: demand and supply sides           30

2.1.2.2   Key data from primary sources         30

2.1.2.3   Key industry insights          31

2.1.2.4   Breakdown of interviews with experts            31

2.2         MARKET SIZE ESTIMATION       32

FIGURE 3           MARKET SIZE ESTIMATION APPROACH: DEMAND SIDE 32

2.2.1      BOTTOM-UP APPROACH           33

FIGURE 4           MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH  33

2.2.2      TOP-DOWN APPROACH             33

FIGURE 5           MARKET SIZE ESTIMATION: TOP-DOWN APPROACH    33

2.3         DATA TRIANGULATION             34

FIGURE 6           PLASTIC COMPOUNDS MARKET: DATA TRIANGULATION              34

2.4         RESEARCH ASSUMPTIONS         35

2.5         GROWTH RATE ASSUMPTIONS/GROWTH FORECAST    35

2.5.1      SUPPLY SIDE    35

2.5.2      DEMAND SIDE  35

2.6         RESEARCH LIMITATIONS           36

2.7         RISK ASSESSMENT         36

3            EXECUTIVE SUMMARY 37

FIGURE 7           PP SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD     38

FIGURE 8           FOSSIL-BASED SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       39

FIGURE 9           AUTOMOTIVE SEGMENT TO RECORD FASTEST GROWTH DURING FORECAST PERIOD     39

FIGURE 10         ASIA PACIFIC MARKET TO REGISTER FASTEST GROWTH DURING FORECAST PERIOD     40

4            PREMIUM INSIGHTS      41

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PLASTIC COMPOUNDS MARKET 41

FIGURE 11         RAPID INDUSTRIALIZATION IN EMERGING ECONOMIES TO DRIVE MARKET DURING FORECAST PERIOD     41

4.2         PLASTIC COMPOUNDS MARKET, BY PRODUCT 42

FIGURE 12         PP SEGMENT TO LEAD PLASTIC COMPOUNDS MARKET DURING FORECAST PERIOD     42

4.3         PLASTIC COMPOUNDS MARKET, BY SOURCE    42

FIGURE 13         BIO-BASED SEGMENT TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD     42

4.4         PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY           43

FIGURE 14         PACKAGING SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD      43

4.5         PLASTIC COMPOUNDS MARKET, BY COUNTRY 43

FIGURE 15         CHINA AND INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       43

5            MARKET OVERVIEW     44

5.1         INTRODUCTION            44

5.2         MARKET DYNAMICS     44

FIGURE 16         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN PLASTIC COMPOUNDS MARKET       44

5.2.1      DRIVERS            45

5.2.1.1   Increasing demand in packaging and building & construction industries  45

5.2.1.2   Rising adoption of recyclable plastic compounds          45

5.2.2      RESTRAINTS     45

5.2.2.1   Volatility in raw material prices        45

5.2.2.2   Availability of substitutes   46

5.2.3      OPPORTUNITIES           46

5.2.3.1   Growth in automotive & transportation industry          46

FIGURE 17         YOY PERCENTAGE INCREASE IN AUTOMOTIVE & TRANSPORT INDUSTRY, 2022–2023    47

5.2.3.2   Advancements in additive manufacturing       47

5.2.4      CHALLENGES   48

5.2.4.1   Plastic waste management crisis       48

FIGURE 18         GLOBAL PLASTIC MATERIAL PRODUCTION SHARE IN 2022, BY REGION             48

5.3         PORTER’S FIVE FORCES ANALYSIS         49

FIGURE 19         PORTER’S FIVE FORCES ANALYSIS OF PLASTIC COMPOUNDS MARKET            49

5.3.1      THREAT OF NEW ENTRANTS    49

5.3.2      THREAT OF SUBSTITUTES         50

5.3.3      BARGAINING POWER OF SUPPLIERS     50

5.3.4      BARGAINING POWER OF BUYERS           50

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 50

TABLE 2             PLASTIC COMPOUNDS MARKET: PORTER’S FIVE FORCES ANALYSIS          51

5.4         MACROECONOMIC INDICATORS           51

5.4.1      GLOBAL GDP TRENDS 51

TABLE 3             PROJECTED REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE) OF KEY COUNTRIES, 2021–2029           51

5.4.2      AUTOMOBILE PRODUCTION TRENDS  52

TABLE 4             AUTOMOBILE PRODUCTION IN KEY COUNTRIES, 2021–2023              52

5.5         KEY STAKEHOLDERS AND BUYING CRITERIA    53

5.5.1      KEY STAKEHOLDERS IN BUYING PROCESS         53

FIGURE 20         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR THREE KEY END-USE INDUSTRIES         53

TABLE 5             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR THREE KEY END-USE INDUSTRIES (%)  53

5.5.2      BUYING CRITERIA         54

FIGURE 21         BUYING CRITERIA FOR THREE KEY END-USE INDUSTRIES              54

TABLE 6             BUYING CRITERIA FOR THREE KEY END-USE INDUSTRIES              54

5.6         VALUE CHAIN ANALYSIS            55

FIGURE 22         PLASTIC COMPOUNDS MARKET: VALUE CHAIN ANALYSIS              55

5.6.1      RAW MATERIAL SUPPLIERS       55

5.6.2      RESIN MANUFACTURERS           56

5.6.3      COMPOUNDERS            56

5.6.4      MOLDERS         56

5.6.5      END USERS       57

5.7         ECOSYSTEM ANALYSIS 57

FIGURE 23         PLASTIC COMPOUNDS MARKET: ECOSYSTEM ANALYSIS              57

TABLE 7             PLASTIC COMPOUNDS MARKET: ROLE IN ECOSYSTEM 58

5.8         CASE STUDY ANALYSIS 58

5.8.1      OEM USES COVESTRO’S LIGHTWEIGHT MAKROLON TC POLYCARBONATE FOR FOG LAMP HOUSING    58

5.8.2      RTP COMPANY DEVELOPS INNOVATIVE SOLUTIONS TO REDUCE ABRASION AND NOISE IN CABLE CONVEYOR SYSTEM   59

5.9         REGULATORY LANDSCAPE       59

5.9.1      REGULATIONS 59

5.9.1.1   North America     59

5.9.1.2   Europe  60

5.9.1.3   Asia Pacific          60

5.10       TECHNOLOGY ANALYSIS           61

5.10.1    KEY TECHNOLOGIES    61

5.10.1.1 High-shear and continuous mixers for consistent polymer compounding 61

5.10.2    COMPLEMENTARY TECHNOLOGIES     61

5.10.2.1 Advanced twin-screw extruders for efficient polymer compounding         61

5.10.3    ADJACENT TECHNOLOGIES      62

5.10.3.1 Technologies for compounding biodegradable and bio-based polymers    62

5.11       TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       62

5.11.1    REVENUE SHIFTS AND NEW REVENUE POCKETS FOR PLASTIC COMPOUNDS MARKET 62

FIGURE 24         REVENUE SHIFT FOR PLASTIC COMPOUNDS MARKET  62

5.12       TRADE ANALYSIS          63

TABLE 8             IMPORT TRADE DATA FOR PVC, BY COUNTRY, 2019–2023 (USD THOUSAND)     63

TABLE 9             EXPORT TRADE DATA FOR PVC, BY COUNTRY, 2019–2023 (USD THOUSAND)     63

TABLE 10           IMPORT TRADE DATA FOR PLASTICS, BY COUNTRY, 2019–2023 (USD THOUSAND)        64

TABLE 11           EXPORT TRADE DATA FOR PLASTICS, BY COUNTRY, 2019–2023 (USD THOUSAND)        64

TABLE 12           IMPORT TRADE DATA FOR PP, BY COUNTRY, 2019–2023 (USD THOUSAND)     65

TABLE 13           EXPORT TRADE DATA FOR PP, BY COUNTRY, 2019–2023 (USD THOUSAND)     65

TABLE 14           IMPORT TRADE DATA FOR PA, BY COUNTRY, 2019–2023 (USD THOUSAND)     66

TABLE 15           EXPORT TRADE DATA FOR PA, BY COUNTRY, 2019–2023 (USD THOUSAND)     66

5.13       KEY CONFERENCES AND EVENTS, 2024–2025     67

TABLE 16           PLASTIC COMPOUNDS MARKET: KEY CONFERENCES & EVENTS, 2024–2025        67

5.14       PRICING TREND ANALYSIS        68

5.14.1    AVERAGE SELLING PRICE, BY REGION  68

TABLE 17           AVERAGE SELLING PRICE, BY REGION (USD/KG)           68

5.14.2    AVERAGE SELLING PRICES OF KEY PLAYERS, BY PRODUCT       68

TABLE 18           AVERAGE SELLING PRICES OF KEY PLAYERS, BY PRODUCT (USD/KG)          68

5.14.3    AVERAGE SELLING PRICES OF KEY PLAYERS, BY SOURCE           68

TABLE 19           AVERAGE SELLING PRICES OF KEY PLAYERS, BY SOURCE (USD/KG)          68

5.14.4    AVERAGE SELLING PRICES OF KEY PLAYERS, BY END-USE INDUSTRY              69

TABLE 20           AVERAGE SELLING PRICES OF KEY PLAYERS, BY END-USE INDUSTRY (USD/KG)    69

5.15       INVESTMENT AND FUNDING SCENARIO            69

FIGURE 25         INVESTMENT AND FUNDING SCENARIO, 2023   69

5.16       PATENT ANALYSIS        70

5.16.1    METHODOLOGY           70

5.16.2    DOCUMENT TYPE         70

FIGURE 26         GRANTED PATENTS     70

5.16.3    PUBLICATION TRENDS – LAST 10 YEARS             71

FIGURE 27         TOTAL NUMBER OF PATENTS PUBLISHED FROM 2013 TO 2023              71

5.16.4    INSIGHTS          71

5.16.5    LEGAL STATUS OF PATENTS    71

FIGURE 28         PATENT ANALYSIS, BY LEGAL STATUS 71

5.16.6    JURISDICTION-WISE PATENT ANALYSIS             72

FIGURE 29         TOP JURISDICTIONS FOR PATENTS RELATED TO PLASTIC COMPOUNDS   72

5.16.7    TOP 10 COMPANIES/APPLICANTS         72

FIGURE 30         COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS           72

TABLE 21          PATENTS: SEMICONDUCTOR ENERGY LABORATORY CO., LTD.              73

TABLE 22           PATENTS: SAMSUNG DISPLAY  73

TABLE 23           PATENTS: BASF SE         73

5.16.8    TOP 10 PATENT OWNERS IN LAST 10 YEARS      74

TABLE 24           TOP TEN PATENT OWNERS       74

6            PLASTIC COMPOUNDS MARKET, BY PRODUCT 75

6.1         INTRODUCTION            76

FIGURE 31         POLYPROPYLENE (PP) SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       76

TABLE 25           PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (USD MILLION) 77

TABLE 26           PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 77

TABLE 27           PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (KILOTON)       78

TABLE 28           PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (KILOTON)       78

6.2         POLYVINYL CHLORIDE (PVC)   79

6.2.1      IDEAL CHOICE FOR OUTDOOR APPLICATIONS 79

6.3         POLYETHYLENE (PE)    79

6.3.1      WIDE APPLICATIONS IN FOOD PACKAGING      79

6.4         POLYSTYRENE (PS)       80

6.4.1      VERSATILE MATERIAL USED ACROSS INDUSTRIES         80

6.5         POLYAMIDE (PA)           80

6.5.1      HIGH-PERFORMANCE THERMOPLASTIC WITH MULTIPLE APPLICATIONS 80

6.6         POLYETHYLENE TEREPHTHALATE (PET)          81

6.6.1      HIGH DEMAND DUE TO WIDE-RANGING PROPERTIES 81

6.7         POLYPROPYLENE (PP) 81

6.7.1      WIDE ADOPTION IN AUTOMOTIVE AND PACKING INDUSTRIES              81

6.8         POLYCARBONATE (PC) 82

6.8.1      HIGH-PERFORMANCE MATERIAL SUITED TO HARSH CONDITIONS              82

6.9         POLYURETHANE (PU)  82

6.9.1      VERSATILITY TO DRIVE DEMAND ACROSS INDUSTRIES             82

6.10       ACRYLONITRILE BUTADIENE STYRENE (ABS)   82

6.10.1    DRIVES EFFICIENCY AND PERFORMANCE IN KEY INDUSTRIES  82

6.11       OTHER PRODUCTS       83

7            PLASTIC COMPOUNDS MARKET, BY SOURCE    84

7.1         INTRODUCTION            85

FIGURE 32         FOSSIL-BASED SEGMENT TO LEAD PLASTIC COMPOUNDS MARKET DURING FORECAST PERIOD   85

TABLE 29           PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (USD MILLION)          85

TABLE 30           PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)          86

TABLE 31           PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (KILOTON)       86

TABLE 32           PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (KILOTON)       86

7.2         FOSSIL-BASED  86

7.2.1      GROWING USE IN PACKAGING AND INDUSTRIAL APPLICATIONS              86

7.3         BIO-BASED        87

7.3.1      SUSTAINABLE ALTERNATIVES WITH WIDE-RANGING APPLICATIONS              87

7.4         RECYCLED        87

7.4.1      FACILITATE PLASTIC WASTE REDUCTION ACROSS INDUSTRIES              87

8            PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY           88

8.1         INTRODUCTION            89

FIGURE 33         PACKAGING TO BE LARGEST END-USE INDUSTRY FOR PLASTIC COMPOUNDS DURING FORECAST PERIOD     89

TABLE 33           PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)          89

TABLE 34           PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          90

TABLE 35           PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)   90

TABLE 36           PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)   91

8.2         AUTOMOTIVE  91

8.2.1      GROWING DEMAND TO REDUCE VEHICLE WEIGHT AND ENHANCE FUEL CONSUMPTION   91

8.2.2      PASSENGER CARS          91

8.2.3      COMMERCIAL VEHICLES           92

8.3         BUILDING & CONSTRUCTION   92

8.3.1      WIDE-RANGING APPLICATIONS DUE TO DURABILITY AND COST-EFFECTIVENESS             92

8.3.2      RESIDENTIAL   92

8.3.3      COMMERCIAL  92

8.3.4      INDUSTRIAL     92

8.4         ELECTRICAL & ELECTRONICS  93

8.4.1      INCREASING USE DUE TO IMPROVED SAFETY AND HIGH HEAT RESISTANCE     93

8.5         PACKAGING     93

8.5.1      HIGH DEMAND FOR LIGHTWEIGHT PLASTIC MATERIALS          93

8.6         CONSUMER GOODS      94

8.6.1      GROWING PREFERENCE FOR DURABLE AND COST-EFFECTIVE MATERIALS      94

8.7         MEDICAL          94

8.7.1      RISING DEMAND FOR PLASTICS WITH HIGH CHEMICAL RESISTANCE              94

8.8         OTHER INDUSTRIES      95

9            PLASTIC COMPOUNDS MARKET, BY REGION    96

9.1         INTRODUCTION            97

FIGURE 34         PLASTIC COMPOUNDS MARKET: GEOGRAPHIC SNAPSHOT              97

TABLE 37           PLASTIC COMPOUNDS MARKET, BY REGION, 2021–2023 (USD MILLION)          97

TABLE 38           PLASTIC COMPOUNDS MARKET, BY REGION, 2024–2029 (USD MILLION)          98

TABLE 39           PLASTIC COMPOUNDS MARKET, BY REGION, 2021–2023 (KILOTON)       98

TABLE 40           PLASTIC COMPOUNDS MARKET, BY REGION, 2024–2029 (KILOTON)       98

9.2         NORTH AMERICA          99

9.2.1      NORTH AMERICA: IMPACT OF RECESSION         99

FIGURE 35         NORTH AMERICA: PLASTIC COMPOUNDS MARKET SNAPSHOT              99

TABLE 41           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2021–2023 (USD MILLION)    100

TABLE 42           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)    100

TABLE 43           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2021–2023 (KILOTON)           100

TABLE 44           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2024–2029 (KILOTON)           100

TABLE 45           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (USD MILLION)   101

TABLE 46           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (USD MILLION)   101

TABLE 47           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (KILOTON)           102

TABLE 48           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (KILOTON)           102

TABLE 49           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (USD MILLION)       103

TABLE 50           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)       103

TABLE 51           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (KILOTON) 103

TABLE 52           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (KILOTON) 103

TABLE 53           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)         104

TABLE 54           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)         104

TABLE 55           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)  105

TABLE 56           NORTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)  105

9.2.2      US         106

9.2.2.1   Strict environment-related regulations to drive demand             106

TABLE 57           US: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)          106

TABLE 58           US: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          106

TABLE 59           US: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)   107

TABLE 60           US: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)   107

9.2.3      CANADA            107

9.2.3.1   Thriving automotive industry to drive demand             107

TABLE 61           CANADA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   108

TABLE 62           CANADA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   108

TABLE 63           CANADA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          108

TABLE 64           CANADA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          109

9.2.4      MEXICO             109

9.2.4.1   Presence of leading automobile companies to drive market        109

TABLE 65           MEXICO: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   110

TABLE 66           MEXICO: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   110

TABLE 67           MEXICO: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          110

TABLE 68           MEXICO: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          111

9.3         ASIA PACIFIC    111

9.3.1      ASIA PACIFIC: IMPACT OF RECESSION  111

FIGURE 36         ASIA PACIFIC: PLASTIC COMPOUNDS MARKET SNAPSHOT              112

TABLE 69           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2021–2023 (USD MILLION)          112

TABLE 70           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          113

TABLE 71           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2021–2023 (KILOTON)   113

TABLE 72           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2024–2029 (KILOTON)   114

TABLE 73           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (USD MILLION)          114

TABLE 74           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (USD MILLION)          115

TABLE 75           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (KILOTON)   115

TABLE 76           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (KILOTON)   116

TABLE 77           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (USD MILLION)          116

TABLE 78           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)          116

TABLE 79           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (KILOTON)   117

TABLE 80           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (KILOTON)   117

TABLE 81           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   117

TABLE 82           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   118

TABLE 83           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          118

TABLE 84           ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          119

9.3.2      CHINA  119

9.3.2.1   Strong demand in manufacturing sector to propel market          119

TABLE 85           CHINA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   120

TABLE 86           CHINA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   120

TABLE 87           CHINA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          120

TABLE 88           CHINA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          121

9.3.3      INDIA   121

9.3.3.1   Easy availability of raw materials to boost market         121

TABLE 89           INDIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   122

TABLE 90           INDIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   122

TABLE 91           INDIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          122

TABLE 92           INDIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          123

9.3.4      JAPAN  123

9.3.4.1   Rising demand in healthcare sector to drive market      123

TABLE 93           JAPAN: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   124

TABLE 94           JAPAN: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   124

TABLE 95           JAPAN: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          124

TABLE 96           JAPAN: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          125

9.3.5      SOUTH KOREA 125

9.3.5.1   High-performing manufacturing sector to boost market             125

TABLE 97           SOUTH KOREA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   126

TABLE 98           SOUTH KOREA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   126

TABLE 99           SOUTH KOREA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          126

TABLE 100         SOUTH KOREA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          127

9.3.6      MALAYSIA         127

9.3.6.1   Rising demand across industries to fuel market            127

TABLE 101         MALAYSIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   127

TABLE 102         MALAYSIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   128

TABLE 103         MALAYSIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          128

TABLE 104         MALAYSIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          128

9.3.7      PHILIPPINES     129

9.3.7.1   Government initiatives to drive market          129

TABLE 105         PHILIPPINES: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   129

TABLE 106         PHILIPPINES: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   129

TABLE 107         PHILIPPINES: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          130

TABLE 108         PHILIPPINES: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          130

9.3.8      THAILAND        130

9.3.8.1   Industrial growth and focus on innovation to fuel market           130

TABLE 109         THAILAND: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   131

TABLE 110         THAILAND: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   131

TABLE 111         THAILAND: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          131

TABLE 112         THAILAND: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          132

9.3.9      INDONESIA       132

9.3.9.1   Industrial expansion to drive demand             132

TABLE 113         INDONESIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   132

TABLE 114         INDONESIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   133

TABLE 115         INDONESIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          133

TABLE 116         INDONESIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          133

9.3.10    AUSTRALIA       134

9.3.10.1 Rising demand in key sectors to boost market 134

TABLE 117         AUSTRALIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   134

TABLE 118         AUSTRALIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   134

TABLE 119         AUSTRALIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          135

TABLE 120         AUSTRALIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          135

9.3.11    REST OF ASIA PACIFIC  135

TABLE 121         REST OF ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 136

TABLE 122         REST OF ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 136

TABLE 123         REST OF ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)       136

TABLE 124         REST OF ASIA PACIFIC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)       137

9.4         EUROPE             137

9.4.1      EUROPE: IMPACT OF RECESSION           137

TABLE 125         EUROPE: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2021–2023 (USD MILLION)     138

TABLE 126         EUROPE: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     138

TABLE 127         EUROPE: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2021–2023 (KILOTON)             138

TABLE 128         EUROPE: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2024–2029 (KILOTON)             139

TABLE 129         EUROPE: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (USD MILLION)     139

TABLE 130         EUROPE: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (USD MILLION)     140

TABLE 131         EUROPE: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (KILOTON)             140

TABLE 132         EUROPE: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (KILOTON)             141

TABLE 133         EUROPE: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (USD MILLION)     141

TABLE 134         EUROPE: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)     141

TABLE 135         EUROPE: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (KILOTON)             142

TABLE 136         EUROPE: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (KILOTON)             142

TABLE 137         EUROPE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   142

TABLE 138         EUROPE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   143

TABLE 139         EUROPE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          143

TABLE 140         EUROPE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          144

9.4.2      GERMANY         144

9.4.2.1   Strong demand in packaging industry to drive market  144

TABLE 141         GERMANY: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   145

TABLE 142         GERMANY: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   145

TABLE 143         GERMANY: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          145

TABLE 144         GERMANY: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          146

9.4.3      FRANCE             146

9.4.3.1   Growing pharmaceutical industry to drive demand      146

TABLE 145         FRANCE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   147

TABLE 146         FRANCE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   147

TABLE 147         FRANCE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          147

TABLE 148         FRANCE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          148

9.4.4      UK         148

9.4.4.1   Increasing investments in manufacturing sector to boost market 148

TABLE 149         UK: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)          149

TABLE 150         UK: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          149

TABLE 151         UK: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)   149

TABLE 152         UK: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)   150

9.4.5      ITALY   150

9.4.5.1   Presence of global players to propel market growth      150

TABLE 153         ITALY: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   150

TABLE 154         ITALY: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   151

TABLE 155         ITALY: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          151

TABLE 156         ITALY: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          151

9.4.6      SPAIN   152

9.4.6.1   Rising demand for packaging across industries to boost market  152

TABLE 157         SPAIN: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   152

TABLE 158         SPAIN: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   153

TABLE 159         SPAIN: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          153

TABLE 160         SPAIN: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          153

9.4.7      REST OF EUROPE           154

TABLE 161         REST OF EUROPE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)         154

TABLE 162         REST OF EUROPE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)         154

TABLE 163         REST OF EUROPE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)  155

TABLE 164         REST OF EUROPE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)  155

9.5         MIDDLE EAST & AFRICA             155

9.5.1      MIDDLE EAST & AFRICA: IMPACT OF RECESSION           156

TABLE 165         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2021–2023 (USD MILLION)    156

TABLE 166         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)    156

TABLE 167         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2021–2023 (KILOTON)           157

TABLE 168         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2024–2029 (KILOTON)           157

TABLE 169         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (USD MILLION)   157

TABLE 170         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (USD MILLION)   158

TABLE 171         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (KILOTON)           158

TABLE 172         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (KILOTON)           159

TABLE 173         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (USD MILLION)       159

TABLE 174         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)       159

TABLE 175         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (KILOTON) 160

TABLE 176         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (KILOTON) 160

TABLE 177         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 160

TABLE 178         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 161

TABLE 179         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)       161

TABLE 180         MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)       162

9.5.1.1   GCC Countries    162

9.5.1.2   Saudi Arabia        163

9.5.1.2.1 Growth in healthcare sector to drive demand 163

TABLE 181         SAUDI ARABIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   163

TABLE 182         SAUDI ARABIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   164

TABLE 183         SAUDI ARABIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          164

TABLE 184         SAUDI ARABIA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          164

9.5.1.3   UAE      165

9.5.1.3.1 Recovering construction industry to fuel market          165

TABLE 185         UAE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)          165

TABLE 186         UAE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          166

TABLE 187         UAE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)   166

TABLE 188         UAE: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)   166

9.5.2      REST OF GCC    167

TABLE 189         REST OF GCC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   167

TABLE 190         REST OF GCC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   167

TABLE 191         EST OF GCC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          168

TABLE 192         REST OF GCC: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          168

9.5.3      SOUTH AFRICA 168

9.5.3.1   Growing government initiatives to drive demand         168

TABLE 193         SOUTH AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   169

TABLE 194         SOUTH AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   169

TABLE 195         SOUTH AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          169

TABLE 196         SOUTH AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          170

9.5.4      REST OF MIDDLE EAST & AFRICA           170

TABLE 197         REST OF MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)     170

TABLE 198         REST OF MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     171

TABLE 199         REST OF MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)            171

TABLE 200         REST OF MIDDLE EAST & AFRICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)            171

9.6         SOUTH AMERICA           172

9.6.1      SOUTH AMERICA: IMPACT OF RECESSION         172

TABLE 201         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2021–2023 (USD MILLION)    172

TABLE 202         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)    172

TABLE 203         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2021–2023 (KILOTON)           173

TABLE 204         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY COUNTRY, 2024–2029 (KILOTON)           173

TABLE 205         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (USD MILLION)   173

TABLE 206         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (USD MILLION)   174

TABLE 207         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2021–2023 (KILOTON)           174

TABLE 208         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY PRODUCT, 2024–2029 (KILOTON)           175

TABLE 209         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (USD MILLION)       175

TABLE 210         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)       175

TABLE 211         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2021–2023 (KILOTON) 176

TABLE 212         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY SOURCE, 2024–2029 (KILOTON) 176

TABLE 213         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)         176

TABLE 214         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)         177

TABLE 215         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)  177

TABLE 216         SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)  178

9.6.2      BRAZIL 178

9.6.2.1   Growing automotive industry to fuel market  178

TABLE 217         BRAZIL: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   179

TABLE 218         BRAZIL: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   179

TABLE 219         BRAZIL: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          179

TABLE 220         BRAZIL: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          180

9.6.3      ARGENTINA      180

9.6.3.1   Rising demand across industries to propel market        180

TABLE 221         ARGENTINA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)   180

TABLE 222         ARGENTINA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)   181

TABLE 223         ARGENTINA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)          181

TABLE 224         ARGENTINA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)          181

9.6.4      REST OF SOUTH AMERICA         182

TABLE 225         REST OF SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        182

TABLE 226         REST OF SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        182

TABLE 227         REST OF SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON) 183

TABLE 228         REST OF SOUTH AMERICA: PLASTIC COMPOUNDS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON) 183

10          COMPETITIVE LANDSCAPE       184

10.1       INTRODUCTION            184

10.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, JANUARY 2019–APRIL 2024              185

FIGURE 37         OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN PLASTIC COMPOUNDS MARKET, JANUARY 2019–APRIL 2024      185

10.3       MARKET SHARE ANALYSIS         186

FIGURE 38         SHARE OF LEADING COMPANIES IN PLASTIC COMPOUNDS MARKET, 2023  186

TABLE 229         PLASTIC COMPOUNDS MARKET: DEGREE OF COMPETITION              186

10.4       REVENUE ANALYSIS      187

FIGURE 39         REVENUE ANALYSIS OF KEY COMPANIES IN PLASTIC COMPOUNDS MARKET, 2023     187

10.5       MARKET RANKING ANALYSIS   187

FIGURE 40         RANKING OF KEY PLAYERS IN PLASTIC COMPOUNDS MARKET, 2023      187

10.6       COMPANY VALUATION AND FINANCIAL METRICS        189

FIGURE 41         COMPANY VALUATION OF LEADING COMPANIES IN PLASTIC COMPOUNDS MARKET, 2023     189

FIGURE 42         FINANCIAL METRICS OF LEADING COMPANIES IN PLASTIC COMPOUNDS MARKET, 2023     189

10.7       BRAND/PRODUCT COMPARISON          190

FIGURE 43         PLASTIC COMPOUNDS MARKET: BRAND/PRODUCT COMPARISON   190

10.8       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   190

10.8.1    STARS  190

10.8.2    EMERGING LEADERS    190

10.8.3    PERVASIVE PLAYERS     190

10.8.4    PARTICIPANTS 191

FIGURE 44         PLASTIC COMPOUNDS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023    191

10.8.5    COMPANY FOOTPRINT, KEY PLAYERS, 2023       192

10.8.5.1 Company footprint            192

10.8.5.2 Region footprint  193

10.8.5.3 Product footprint 194

10.8.5.4 Source footprint   195

10.8.5.5 End-use industry footprint 196

10.9       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          197

10.9.1    PROGRESSIVE COMPANIES       197

10.9.2    RESPONSIVE COMPANIES          197

10.9.3    DYNAMIC COMPANIES 197

10.9.4    STARTING BLOCKS       197

FIGURE 45         PLASTIC COMPOUNDS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023           198

10.9.5    COMPETITIVE BENCHMARKING            199

TABLE 230         PLASTIC COMPOUNDS MARKET: KEY STARTUPS/SMES 199

TABLE 231         PLASTIC COMPOUNDS MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES  200

10.10     COMPETITIVE SCENARIO AND TRENDS             201

10.10.1  PRODUCT LAUNCHES  201

TABLE 232         PLASTIC COMPOUNDS MARKET: PRODUCT LAUNCHES, JANUARY 2019–APRIL 2024         201

10.10.2  DEALS  202

TABLE 233         PLASTIC COMPOUNDS MARKET: DEALS, JANUARY 2019–APRIL 2024      202

10.10.3  EXPANSIONS    204

TABLE 234         PLASTIC COMPOUNDS MARKET: EXPANSIONS, JANUARY 2019–APRIL 2024        204

11          COMPANY PROFILES    205

(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*

11.1       MAJOR PLAYERS            205

11.1.1    BASF SE              205

TABLE 235         BASF SE: COMPANY OVERVIEW 205

FIGURE 46         BASF SE: COMPANY SNAPSHOT 206

11.1.2    THE DOW CHEMICAL COMPANY           209

TABLE 236         THE DOW CHEMICAL COMPANY: COMPANY OVERVIEW              209

FIGURE 47         THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT              209

11.1.3    LYONDELLBASELL INDUSTRIES HOLDINGS      212

TABLE 237         LYONDELLBASELL INDUSTRIES HOLDINGS: COMPANY OVERVIEW        212

FIGURE 48         LYONDELLBASELL INDUSTRIES HOLDINGS: COMPANY SNAPSHOT        213

11.1.4    SABIC   217

TABLE 238         SABIC: COMPANY OVERVIEW    217

FIGURE 49         SABIC: COMPANY SNAPSHOT   217

11.1.5    ASAHI KASEI CORPORATION     222

TABLE 239         ASAHI KASEI CORPORATION: COMPANY OVERVIEW     222

FIGURE 50         ASAHI KASEI CORPORATION: COMPANY SNAPSHOT     223

11.1.6    COVESTRO AG 227

TABLE 240         COVESTRO AG: COMPANY OVERVIEW  227

FIGURE 51         COVESTRO AG: COMPANY SNAPSHOT 228

11.1.7    CELANESE CORPORATION        232

TABLE 241         CELANESE CORPORATION: COMPANY OVERVIEW         232

FIGURE 52         CELANESE CORPORATION: COMPANY SNAPSHOT        233

11.1.8    ARKEMA            237

TABLE 242         ARKEMA: COMPANY OVERVIEW             237

FIGURE 53         ARKEMA: COMPANY SNAPSHOT            238

11.1.9    RTP COMPANY 241

TABLE 243         RTP COMPANY: COMPANY OVERVIEW 241

11.1.10  WESTLAKE CORPORATION       244

TABLE 244         WESTLAKE CORPORATION: COMPANY OVERVIEW        244

FIGURE 54         WESTLAKE CORPORATION: COMPANY SNAPSHOT        244

*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.

11.2       OTHER PLAYERS           248

11.2.1    AVIENT CORPORATION             248

TABLE 245         AVIENT CORPORATION: BUSINESS OVERVIEW 248

11.2.2    GEON PERFORMANCE SOLUTIONS       249

TABLE 246         GEON PERFORMANCE SOLUTIONS: BUSINESS OVERVIEW              249

11.2.3    RAVAGO            249

TABLE 247         RAVAGO: BUSINESS OVERVIEW 249

11.2.4    AURORA MATERIAL SOLUTIONS            250

TABLE 248         AURORA MATERIAL SOLUTIONS: BUSINESS OVERVIEW 250

11.2.5    ORBIA  251

TABLE 249         ORBIA: BUSINESS OVERVIEW    251

11.2.6    AMERICHEM     252

TABLE 250         AMERICHEM: BUSINESS OVERVIEW       252

11.2.7    POLYKEMI        252

TABLE 251         POLYKEMI: BUSINESS OVERVIEW          252

11.2.8    RIKEN AMERICAS CORPORATION          253

TABLE 252         RIKEN AMERICAS CORPORATION: BUSINESS OVERVIEW              253

11.2.9    TEKNI-PLEX, INC.          254

TABLE 253         TEKNI-PLEX, INC.: BUSINESS OVERVIEW            254

11.2.10  SHINTECH INC. 255

TABLE 254         SHINTECH INC.: BUSINESS OVERVIEW  255

11.2.11  MANNER POLYMERS     256

TABLE 255         MANNER POLYMERS: BUSINESS OVERVIEW       256

11.2.12  EIQSA   256

TABLE 256         EIQSA: BUSINESS OVERVIEW     256

11.2.13  POLYMER ASIA 257

TABLE 257         POLYMER ASIA: BUSINESS OVERVIEW   257

11.2.14  DENKA CHEMICALS HOLDINGS             257

TABLE 258         DENKA CHEMICALS HOLDINGS: BUSINESS OVERVIEW 257

11.2.15  RADICI PARTECIPAZIONI SPA   258

TABLE 259         RADICI PARTECIPAZIONI SPA: BUSINESS OVERVIEW     258

12          APPENDIX         259

12.1       DISCUSSION GUIDE      259

12.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             262

12.3       CUSTOMIZATION OPTIONS      264

12.4       RELATED REPORTS       264

12.5       AUTHOR DETAILS         265