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Showing posts with the label Plastic Compounding Market Revenue

Plastic Compounding Market Is Expected To Reach USD 93.1 Billion By 2028

  San Francisco, 4 June 2021:   The Report  Plastic Compounding Market  Size, Share & Trends Analysis Report By Product (PE, PP, TPV, TPO, PVC, PS, PET, PBT, PA, PC, ABS), By Application (Automotive, Optical Media), By Region (APAC, Europe), And Segment Forecasts, 2021 - 2028 The global plastic compounding market size is anticipated to reach USD 93.1 billion by 2028, according to a report by Grand View Research, Inc., growing at a CAGR of 5.5% over the forecast period. Rapidly developing construction and automobile sectors are anticipated to drive the demand for interiors, exteriors, and under-the-hood components. The rising scope of application of plastic compounding in under-the-hood components in the automotive industry, in building interiors and exteriors in the construction & infrastructure industries, and in the electronics, durables, and wires & cables industries is anticipated to fuel the market growth. However, the COVID-19 outbreak has affected the raw material pr

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&