The value of the global plastic compounding market stood at 35.4 billion U.S. dollars in 2018. At a compound annual growth rate (CAGR) of 6.2 percent, it is expected that this figure will increase to 56.9 billion U.S. dollars by 2026.
Plastic compounding refers to the manufacturing process of melt-blending plastics with additives to alter the thermal, physical, electrical, and aesthetic characteristics of the plastic as desired.
Market value of plastic compounding worldwide in 2018 and 2026
(in billion U.S. dollars)
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Global Market Insights. (October 1, 2019). Market value of plastic compounding worldwide in 2018 and 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 21, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1135139/market-value-plastic-compounding-worldwide/
Global Market Insights. "Market value of plastic compounding worldwide in 2018 and 2026 (in billion U.S. dollars)." Chart. October 1, 2019. Statista. Accessed September 21, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1135139/market-value-plastic-compounding-worldwide/
Global Market Insights. (2019). Market value of plastic compounding worldwide in 2018 and 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 21, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1135139/market-value-plastic-compounding-worldwide/
Global Market Insights. "Market Value of Plastic Compounding Worldwide in 2018 and 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Oct 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1135139/market-value-plastic-compounding-worldwide/
Global Market Insights, Market value of plastic compounding worldwide in 2018 and 2026 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1135139/market-value-plastic-compounding-worldwide/ (last visited September 21, 2024)
Market value of plastic compounding worldwide in 2018 and 2026 (in billion U.S. dollars) [Graph], Global Market Insights, October 1, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1135139/market-value-plastic-compounding-worldwide/