Engineering Plastics Compounding Market
Plastics
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Engineering Plastics Compounding Market Size and Growth
The Engineering Plastics Compounding market is experiencing significant growth, driven by rising demand across automotive, electronics, and consumer goods sectors. As of 2023, the market size is estimated at approximately USD 22 billion, with a projected CAGR of around 5% over the next five years, reflecting robust industrial advancements and innovation.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ RTP
◍ Ravago Group
◍ SABIC
◍ LyondellBasell Industries Holdings
◍ DowDuPont
◍ Mexichem Specialty Compounds
◍ Coperion
◍ Adell Plastics
◍ Sojitz
◍ Polyvisions
◍ Celanese
◍ Covestro
◍ Teknor Apex
◍ Trinseo
◍ Asahi Kasei
◍ Mitsui Chemicals
◍ KRATON CORPORATION
The engineering plastics compounding market features key players like BASF, SABIC, and DowDuPont, leveraging advanced technologies to enhance material performance. Strategic alliances and innovations drive growth, with companies focusing on sustainability and custom solutions. Notable revenues include BASF ($79 billion) and SABIC ($39 billion), aiding market expansion and innovation. Request Sample Report
Market Segmentation
By Application
◍ Automotive
◍ Electrical and Electronics
◍ Building and Construction
◍ Packaging
◍ Industrial Machinery
◍ Medical Devices
By Product
◍ High-density Polyethylene
◍ Linear low-density Polyethylene
◍ Low-density Polyethylene
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Market Growth
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$ X Billion USD
