The North American Market for Plastics Compounding 2017-2022
Overview
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.
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.
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Top Companies mentioned
Advanced Composites Inc
Basf Corp.,
Clariant International Ltd.
The Dow Chemical Co.
ExxonMobil Chemical Co.
Plastics Plus Inc. and Polymer
Plastics Compounding Industry Major Outlook
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.
Plastics Compounding - Competitive Analysis
Key players are making innovative developments in Plastics Compounding industry. The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector
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.
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.
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Posted by
Vivian Dsena
on Friday March 16 2018, 3:32 AM EST.
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