The global Automotive Plastic Compounding market size was valued at US$ 184 million in 2023. With growing demand in downstream market, the Automotive Plastic Compounding is forecast to a readjusted size of US$ 284.3 million by 2030 with a CAGR of 6.4% during review period.
The research report highlights the growth potential of the global Automotive Plastic Compounding market. Automotive Plastic Compounding are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automotive Plastic Compounding. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automotive Plastic Compounding market.
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.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Key Features:
The report on Automotive Plastic Compounding market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Automotive Plastic Compounding market. It may include historical data, market segmentation by Type (e.g., Acrylonitrile Butadiene Styrene (ABS), Polypropylene (PP)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automotive Plastic Compounding market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automotive Plastic Compounding market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Automotive Plastic Compounding industry. This include advancements in Automotive Plastic Compounding technology, Automotive Plastic Compounding new entrants, Automotive Plastic Compounding new investment, and other innovations that are shaping the future of Automotive Plastic Compounding.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automotive Plastic Compounding market. It includes factors influencing customer ' purchasing decisions, preferences for Automotive Plastic Compounding product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automotive Plastic Compounding market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automotive Plastic Compounding market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automotive Plastic Compounding market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automotive Plastic Compounding industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automotive Plastic Compounding market.
Market Segmentation:
Automotive Plastic Compounding market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Acrylonitrile Butadiene Styrene (ABS)
Polypropylene (PP)
Polyurethane (PU)
Polyvinyl Chloride (PVC)
Polyethylene (PE)
Segmentation by application
Instrument Panels
Powertrain
Door Systems
Interior Components
Exterior Fascia
Under the Hood Components
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Plastic Compounding market?
What factors are driving Automotive Plastic Compounding market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Plastic Compounding market opportunities vary by end market size?
How does Automotive Plastic Compounding break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive Plastic Compounding Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Automotive Plastic Compounding by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Automotive Plastic Compounding by Country/Region, 2019, 2023 & 2030
2.2 Automotive Plastic Compounding Segment by Type
2.2.1 Acrylonitrile Butadiene Styrene (ABS)
2.2.2 Polypropylene (PP)
2.2.3 Polyurethane (PU)
2.2.4 Polyvinyl Chloride (PVC)
2.2.5 Polyethylene (PE)
2.3 Automotive Plastic Compounding Sales by Type
2.3.1 Global Automotive Plastic Compounding Sales Market Share by Type (2019-2024)
2.3.2 Global Automotive Plastic Compounding Revenue and Market Share by Type (2019-2024)
2.3.3 Global Automotive Plastic Compounding Sale Price by Type (2019-2024)
2.4 Automotive Plastic Compounding Segment by Application
2.4.1 Instrument Panels
2.4.2 Powertrain
2.4.3 Door Systems
2.4.4 Interior Components
2.4.5 Exterior Fascia
2.4.6 Under the Hood Components
2.4.7 Others
2.5 Automotive Plastic Compounding Sales by Application
2.5.1 Global Automotive Plastic Compounding Sale Market Share by Application (2019-2024)
2.5.2 Global Automotive Plastic Compounding Revenue and Market Share by Application (2019-2024)
2.5.3 Global Automotive Plastic Compounding Sale Price by Application (2019-2024)
3 Global Automotive Plastic Compounding by Company
3.1 Global Automotive Plastic Compounding Breakdown Data by Company
3.1.1 Global Automotive Plastic Compounding Annual Sales by Company (2019-2024)
3.1.2 Global Automotive Plastic Compounding Sales Market Share by Company (2019-2024)
3.2 Global Automotive Plastic Compounding Annual Revenue by Company (2019-2024)
3.2.1 Global Automotive Plastic Compounding Revenue by Company (2019-2024)
3.2.2 Global Automotive Plastic Compounding Revenue Market Share by Company (2019-2024)
3.3 Global Automotive Plastic Compounding Sale Price by Company
3.4 Key Manufacturers Automotive Plastic Compounding Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Automotive Plastic Compounding Product Location Distribution
3.4.2 Players Automotive Plastic Compounding Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Automotive Plastic Compounding by Geographic Region
4.1 World Historic Automotive Plastic Compounding Market Size by Geographic Region (2019-2024)
4.1.1 Global Automotive Plastic Compounding Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Automotive Plastic Compounding Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Automotive Plastic Compounding Market Size by Country/Region (2019-2024)
4.2.1 Global Automotive Plastic Compounding Annual Sales by Country/Region (2019-2024)
4.2.2 Global Automotive Plastic Compounding Annual Revenue by Country/Region (2019-2024)
4.3 Americas Automotive Plastic Compounding Sales Growth
4.4 APAC Automotive Plastic Compounding Sales Growth
4.5 Europe Automotive Plastic Compounding Sales Growth
4.6 Middle East & Africa Automotive Plastic Compounding Sales Growth
5 Americas
5.1 Americas Automotive Plastic Compounding Sales by Country
5.1.1 Americas Automotive Plastic Compounding Sales by Country (2019-2024)
5.1.2 Americas Automotive Plastic Compounding Revenue by Country (2019-2024)
5.2 Americas Automotive Plastic Compounding Sales by Type
5.3 Americas Automotive Plastic Compounding Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Automotive Plastic Compounding Sales by Region
6.1.1 APAC Automotive Plastic Compounding Sales by Region (2019-2024)
6.1.2 APAC Automotive Plastic Compounding Revenue by Region (2019-2024)
6.2 APAC Automotive Plastic Compounding Sales by Type
6.3 APAC Automotive Plastic Compounding Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Automotive Plastic Compounding by Country
7.1.1 Europe Automotive Plastic Compounding Sales by Country (2019-2024)
7.1.2 Europe Automotive Plastic Compounding Revenue by Country (2019-2024)
7.2 Europe Automotive Plastic Compounding Sales by Type
7.3 Europe Automotive Plastic Compounding Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Automotive Plastic Compounding by Country
8.1.1 Middle East & Africa Automotive Plastic Compounding Sales by Country (2019-2024)
8.1.2 Middle East & Africa Automotive Plastic Compounding Revenue by Country (2019-2024)
8.2 Middle East & Africa Automotive Plastic Compounding Sales by Type
8.3 Middle East & Africa Automotive Plastic Compounding Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Automotive Plastic Compounding
10.3 Manufacturing Process Analysis of Automotive Plastic Compounding
10.4 Industry Chain Structure of Automotive Plastic Compounding
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Automotive Plastic Compounding Distributors
11.3 Automotive Plastic Compounding Customer
12 World Forecast Review for Automotive Plastic Compounding by Geographic Region
12.1 Global Automotive Plastic Compounding Market Size Forecast by Region
12.1.1 Global Automotive Plastic Compounding Forecast by Region (2025-2030)
12.1.2 Global Automotive Plastic Compounding Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Automotive Plastic Compounding Forecast by Type
12.7 Global Automotive Plastic Compounding Forecast by Application
13 Key Players Analysis
13.1 BASF
13.1.1 BASF Company Information
13.1.2 BASF Automotive Plastic Compounding Product Portfolios and Specifications
13.1.3 BASF Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 BASF Main Business Overview
13.1.5 BASF Latest Developments
13.2 SABIC
13.2.1 SABIC Company Information
13.2.2 SABIC Automotive Plastic Compounding Product Portfolios and Specifications
13.2.3 SABIC Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 SABIC Main Business Overview
13.2.5 SABIC Latest Developments
13.3 DowDuPont
13.3.1 DowDuPont Company Information
13.3.2 DowDuPont Automotive Plastic Compounding Product Portfolios and Specifications
13.3.3 DowDuPont Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 DowDuPont Main Business Overview
13.3.5 DowDuPont Latest Developments
13.4 LyondellBassell Industries
13.4.1 LyondellBassell Industries Company Information
13.4.2 LyondellBassell Industries Automotive Plastic Compounding Product Portfolios and Specifications
13.4.3 LyondellBassell Industries Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 LyondellBassell Industries Main Business Overview
13.4.5 LyondellBassell Industries Latest Developments
13.5 A. Schulman
13.5.1 A. Schulman Company Information
13.5.2 A. Schulman Automotive Plastic Compounding Product Portfolios and Specifications
13.5.3 A. Schulman Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 A. Schulman Main Business Overview
13.5.5 A. Schulman Latest Developments
13.6 RTP Company
13.6.1 RTP Company Company Information
13.6.2 RTP Company Automotive Plastic Compounding Product Portfolios and Specifications
13.6.3 RTP Company Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 RTP Company Main Business Overview
13.6.5 RTP Company Latest Developments
13.7 S&E Specialty Polymers, LLC
13.7.1 S&E Specialty Polymers, LLC Company Information
13.7.2 S&E Specialty Polymers, LLC Automotive Plastic Compounding Product Portfolios and Specifications
13.7.3 S&E Specialty Polymers, LLC Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 S&E Specialty Polymers, LLC Main Business Overview
13.7.5 S&E Specialty Polymers, LLC Latest Developments
13.8 Dyneon GmbH.
13.8.1 Dyneon GmbH. Company Information
13.8.2 Dyneon GmbH. Automotive Plastic Compounding Product Portfolios and Specifications
13.8.3 Dyneon GmbH. Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Dyneon GmbH. Main Business Overview
13.8.5 Dyneon GmbH. Latest Developments
13.9 Asahi Kasei Plastics
13.9.1 Asahi Kasei Plastics Company Information
13.9.2 Asahi Kasei Plastics Automotive Plastic Compounding Product Portfolios and Specifications
13.9.3 Asahi Kasei Plastics Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Asahi Kasei Plastics Main Business Overview
13.9.5 Asahi Kasei Plastics Latest Developments
13.10 Covestro (Bayer Material Science)
13.10.1 Covestro (Bayer Material Science) Company Information
13.10.2 Covestro (Bayer Material Science) Automotive Plastic Compounding Product Portfolios and Specifications
13.10.3 Covestro (Bayer Material Science) Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Covestro (Bayer Material Science) Main Business Overview
13.10.5 Covestro (Bayer Material Science) Latest Developments
13.11 Ferro Corporation
13.11.1 Ferro Corporation Company Information
13.11.2 Ferro Corporation Automotive Plastic Compounding Product Portfolios and Specifications
13.11.3 Ferro Corporation Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Ferro Corporation Main Business Overview
13.11.5 Ferro Corporation Latest Developments
13.12 Washington Penn Plastics Company
13.12.1 Washington Penn Plastics Company Company Information
13.12.2 Washington Penn Plastics Company Automotive Plastic Compounding Product Portfolios and Specifications
13.12.3 Washington Penn Plastics Company Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Washington Penn Plastics Company Main Business Overview
13.12.5 Washington Penn Plastics Company Latest Developments
13.13 Eurostar Engineering Plastics
13.13.1 Eurostar Engineering Plastics Company Information
13.13.2 Eurostar Engineering Plastics Automotive Plastic Compounding Product Portfolios and Specifications
13.13.3 Eurostar Engineering Plastics Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Eurostar Engineering Plastics Main Business Overview
13.13.5 Eurostar Engineering Plastics Latest Developments
13.14 Kuraray Plastics
13.14.1 Kuraray Plastics Company Information
13.14.2 Kuraray Plastics Automotive Plastic Compounding Product Portfolios and Specifications
13.14.3 Kuraray Plastics Automotive Plastic Compounding Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Kuraray Plastics Main Business Overview
13.14.5 Kuraray Plastics Latest Developments
14 Research Findings and Conclusion
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