Plastic Compounding Market Likely To Influence And Enhance Demand Over The Forecast Period: Grand View Research Inc.
San Francisco, 8 March 2019: The Report Plastic Compounding Market Analysis By Product (Polyethylene, Polypropylene, TPV, TPO, PVC, Polystyrene, PET, PBT, Polyamide, Polycarbonate, ABS), By Application, And Segment Forecasts, 2018 - 2026 The global Plastic Compounding is expected to reach USD 95.2 billion by 2026, according to a new report by Grand View Research, Inc. Introduction of rapid manufacturing techniques & advanced additive incorporation methodologies is expected to further drive adoption of lightweight, high-performance plastics for production of several consumer products. Plastics present a sustainable and low cost alternative to metals, wood and even ceramic materials utilized in varied industries. Rapid industrialization and expansion of said industries, including automotive, construction and electronics, specifically in emerging economies, is likely to influence consumption patterns & enhance demand over the forecast period. An increasing number of R&