Global North America Plastics Compounding Market - Growth Drivers, Opportunities and Forecast Analysis to 2025
Summary - A new market study, titled “Global North America Plastics Compounding Market - Growth Drivers, Opportunities and Forecast Analysis to 2025”
has been featured on WiseGuyReports.
The compounding of plastic resins is the addition of other
materials to neat resins in order to add desirable properties or to make them
more processable. This type of operation is conducted by three types of
companies: (1) resin producers, (2) plastics processors (such as injection and
blow molders, thermoformers, extruders and film/sheet producers) and (3)
independent compounders—companies whose business is making plastic compounds
and masterbatches, not resins or molded plastics products.
The role of each group varies by product segment, with
large-volume processors such as extruders of sheet, film and pipe, and profiles
assuming a more important compounding role than batch-focused processors like
injection molders. Over the years, the compounding growth rate for resin
producers has generally been slower than that of processors and compounders, as
these latter companies take a bigger role in markets where significant
proprietary technology is involved. Compounding trends are also highly
dependent on different economic scenarios; for example, when polyethylene
prices are high, PE bag makers and other large processors often compensate by
increasing the addition of (that is, compounding with) cheaper calcium
carbonate filler.
The production of compounded plastics is a large business
and a highly competitive one. Competition is based on many factors, including
speed, delivery, service, performance, product innovation, product recognition,
quality and price.
Based on our research, BCC Research sees trends of growth in
thermoplastic compounding, such as:
- Compounding by processors should grow faster than that by
producers or independent compounders.
- Calcium carbonate will remain the dominant thermoplastics
filler with almost 80% of the filler market by volume.
- Carbon fiber reinforcement demand will continue to grow at
double-digit rates, led by industrial (including automotive/energy)
applications.
- Global sales of carbon nanotube-reinforced polymers will
continue to grow at double-digit rates from 2017 to 2022, but probably more
slowly than in the recent past.
- Natural fiber-plastic composites should continue to
increase at compound annual growth rate (CAGR) of REDACTED% from 2017 through
2022, led by construction-molded applications.
- Use of masterbatches (primarily color concentrates) should
grow near our projected U.S. gross domestic product (GDP) rate, at REDACTED%
from 2017 to 2022.Report Scope:
This report covers the compounding of major thermoplastic
resins. The high-volume commodity resins include high-density polyethylene
(HDPE), low-density polyethylene (LDPE), linear low-density polyethylene
(LLDPE), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC) and
thermoplastic polyesters (primarily PET). Engineering thermoplastics (ETPs)
covered include polybutylene terephthalate (PBT), nylons (polyamides),
polycarbonates, acrylonitrile-butadiene-styrene terpolymers (ABS) and some real
specialties like polyacetals and polysulfones. This report also includes an
introduction to thermoplastic elastomers and some biocompounds—plastics that are
made from plants instead of hydrocarbons. It excludes thermosetting resins
since they have different chemistries and are usually processed differently.
The plastics compounding market is segmented by each of the
above resins and by each of the three plastics compounding groups. Applications
and markets by volume in pounds or value in dollars are estimated for the years
2016 and 2017 and a five-year forecast to 2022. Major resin producers, key
plastics processors and independent compounders are identified. We discuss the
activities, product lines and other information for the major independent
compounders.
Our market estimates are based on manufacturers’ total
revenues and are mostly for markets for the United States or North America.
Other features in this report include the following:
- Review of key plastics additives used in plastics
compounding.
- Important information on major fillers/reinforcements.
- Developments in carbon fiber and carbon nanotubes for
reinforcement of thermoplastics.
- Advances in natural fiber reinforcements.
- Regulatory and environmental developments shaping
compounds, ranging from phthalate plasticizers to halogenated flame retardants.
- Key suppliers of plastics additives and
fillers/reinforcements.
- Notes of some recent advances in plastics compounding and
machinery.
Report Includes:
- 21 data tables and 16 additional tables
- An overview of the global plastics compounding market
- Analyses of global market trends, with data from 2016 and
2017, and projections of CAGRs through 2022.
- Coverage of the major thermoplastic resins and
thermoplastic elastomers (TPEs); resins, including high-density polyethylene
(HDPE), low-density polyethylene (LDPE), linear low-density polyethylene
(LLDPE), polypropylene, polystyrene, and engineering thermoplastics (ETPs): the
major representatives being nylons, polycarbonates, polyacetals, PET, and PBT;
the report also includes bio compounds, or plastics that are made from plants
instead of hydrocarbons.
- Identifications of major resin producers, key plastics
processors, and independent compounders, along with activities, product lines,
and estimated sales for the major independent compounders.
- Reviews of key plastics additives used in plastics
compounding and advances in plastics compounding equipment.
- Information on major fillers/reinforcements.
- Developments in carbon fibre and carbon nanotubes, and
advances in natural fibres.
- Company profiles of major key players in the market,
including Advanced Composites Inc., Basf Corp., Clariant International Ltd.,
The Dow Chemical Co., ExxonMobil Chemical Co., Plastics Plus Inc. and Polymer
Resources Ltd.
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/3037925-the-north-american-market-for-plastics-compounding
About Us:
Wise Guy Reports is part of the Wise Guy Research
Consultants Pvt. Ltd. and offers premium progressive statistical surveying,
market research reports, analysis & forecast data for industries and
governments around the globe.
Contact Us:
NORAH TRENT
sales@wiseguyreports.com
Ph: +162-825-80070 (US)
Ph: +44 203 500 2763 (UK)
Comments
Post a Comment