Plastic Compounding Market Size, Share, and Trends 2024 to 2034

The global plastic compounding market size is calculated at USD 77.50 billion in 2025 and is forecasted to reach around USD 142.54 billion by 2034, accelerating at a CAGR of 7% from 2025 to 2034. The Asia Pacific plastic compounding market size surpassed USD 35.65 billion in 2025 and is expanding at a CAGR of 8% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : April 2025
  • Report Code : 1015
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Plastic Compounding Market 

5.1. COVID-19 Landscape: Plastic Compounding Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Plastic Compounding Market, By Product

8.1. Plastic Compounding Market, by Product Type

8.1.1. Thermoplastic Polyolefins (TPO)

8.1.1.1. Market Revenue and Forecast

8.1.2. Poly Vinyl Chloride (PVC)

8.1.2.1. Market Revenue and Forecast

8.1.3. Polypropylene (PP)

8.1.3.1. Market Revenue and Forecast

8.1.4. Polyethylene

8.1.4.1. Market Revenue and Forecast

8.1.5. Thermoplastic Vulcanizates (TPV)

8.1.5.1. Market Revenue and Forecast

8.1.6. Polystyrene

8.1.6.1. Market Revenue and Forecast

8.1.7. Polybutylene Terephthalate (PBT)

8.1.7.1. Market Revenue and Forecast

8.1.8. Polycarbonate

8.1.8.1. Market Revenue and Forecast

8.1.9. Acrylonitrile Butadiene Styrene (ABS)

8.1.9.1. Market Revenue and Forecast

8.1.10. Polyethylene (PET)

8.1.10.1. Market Revenue and Forecast

8.1.11. Polyamide

8.1.11.1. Market Revenue and Forecast

8.1.12. Others

8.1.12.1. Market Revenue and Forecast

Chapter 9. Global Plastic Compounding Market, By Application

9.1. Plastic Compounding Market, by Application

9.1.1. Electronics & Electrical

9.1.1.1. Market Revenue and Forecast

9.1.2. Automotive

9.1.2.1. Market Revenue and Forecast

9.1.3. Packaging

9.1.3.1. Market Revenue and Forecast

9.1.4. Building & Construction

9.1.4.1. Market Revenue and Forecast

9.1.5. Industrial Machinery

9.1.5.1. Market Revenue and Forecast

9.1.6. Optical Media

9.1.6.1. Market Revenue and Forecast

9.1.7. Consumer Goods

9.1.7.1. Market Revenue and Forecast

9.1.8. Medical Devices

9.1.8.1. Market Revenue and Forecast

9.1.9. Others

9.1.9.1. Market Revenue and Forecast

Chapter 10. Global Plastic Compounding Market, By Source 

10.1. Plastic Compounding Market, by Source

10.1.1. Fossil-based

10.1.1.1. Market Revenue and Forecast

10.1.2. Bio-based

10.1.2.1. Market Revenue and Forecast

10.1.3. Recycled

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Plastic Compounding Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product

11.1.2. Market Revenue and Forecast, by Application

11.1.3. Market Revenue and Forecast, by Source

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product

11.1.4.2. Market Revenue and Forecast, by Application

11.1.4.3. Market Revenue and Forecast, by Source

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product

11.1.5.2. Market Revenue and Forecast, by Application

11.1.5.3. Market Revenue and Forecast, by Source

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product

11.2.2. Market Revenue and Forecast, by Application

11.2.3. Market Revenue and Forecast, by Source

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product

11.2.4.2. Market Revenue and Forecast, by Application

11.2.4.3. Market Revenue and Forecast, by Source

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product

11.2.5.2. Market Revenue and Forecast, by Application

11.2.5.3. Market Revenue and Forecast, by Source

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product

11.2.6.2. Market Revenue and Forecast, by Application

11.2.6.3. Market Revenue and Forecast, by Source

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product

11.2.7.2. Market Revenue and Forecast, by Application

11.2.7.3. Market Revenue and Forecast, by Source

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product

11.3.2. Market Revenue and Forecast, by Application

11.3.3. Market Revenue and Forecast, by Source

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product

11.3.4.2. Market Revenue and Forecast, by Application

11.3.4.3. Market Revenue and Forecast, by Source

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product

11.3.5.2. Market Revenue and Forecast, by Application

11.3.5.3. Market Revenue and Forecast, by Source

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product

11.3.6.2. Market Revenue and Forecast, by Application

11.3.6.3. Market Revenue and Forecast, by Source

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product

11.3.7.2. Market Revenue and Forecast, by Application

11.3.7.3. Market Revenue and Forecast, by Source

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product

11.4.2. Market Revenue and Forecast, by Application

11.4.3. Market Revenue and Forecast, by Source

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product

11.4.4.2. Market Revenue and Forecast, by Application

11.4.4.3. Market Revenue and Forecast, by Source

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Product

11.4.5.2. Market Revenue and Forecast, by Application

11.4.5.3. Market Revenue and Forecast, by Source

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Product

11.4.6.2. Market Revenue and Forecast, by Application

11.4.6.3. Market Revenue and Forecast, by Source

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Product

11.4.7.2. Market Revenue and Forecast, by Application

11.4.7.3. Market Revenue and Forecast, by Source

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product

11.5.2. Market Revenue and Forecast, by Application

11.5.3. Market Revenue and Forecast, by Source

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Product

11.5.4.2. Market Revenue and Forecast, by Application

11.5.4.3. Market Revenue and Forecast, by Source

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Product

11.5.5.2. Market Revenue and Forecast, by Application

11.5.5.3. Market Revenue and Forecast, by Source

Chapter 12. Company Profiles

12.1. Asahi Kasei Corporation

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. BASF SE

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Celanese Corporation

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. COVESTRO AG

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. DowDuPont INC.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Kingfa Sci. and Tech. Co., Ltd.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. LyondellBasell Industries Holdings B.V.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Polyone Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. SABIC

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Solvay SA

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global plastic compounding market size was estimated at USD 72.37 billion in 2024 and is anticipated to reach around USD 142.54 billion by 2034.

Rising consumption from downstream sectors including construction, automotive, electronic, electrical and packaging are flourishing the growth of plastic compounding market.

Plastic compounding involves blending of plastics with additives in the molten phase. In this process of compounding characteristics and properties are altered to match the specification of particular application.

The global plastic compounding market is growing at a CAGR of around 7% from 2025 to 2034.

Packaging captured the largest market by application with a contribution with around 36% revenue share of the total market in 2024.

The foremost key companies functioning in the global plastic compounding market are BASF SE, Kingfa Sci. and Tech. Co., Ltd., Asahi Kasei Corporation, Covestro AG, LyondellBasell Industries Holdings B.V., Celanese Corporation, Polyone Corporation, DowDuPont Inc., SABIC, and Solvay SA.

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