Global Plastic Compounds Market Size & Outlook, 2020-2028

The plastic compounds industry worldwide is expected to reach a projected revenue of US$ 98,653.8 million by 2028. A compound annual growth rate of 5% is expected of the worldwide plastic compounds industry from 2021 to 2028.
Revenue, 2020 (US$M)
$66,742.9
Forecast, 2028 (US$M)
$98,653.8
CAGR, 2021 - 2028
5%
Report Coverage
Worldwide

Global plastic compounds market, 2017-2028 (US$M)

Global plastic compounds market highlights

  • The global plastic compounds market generated a revenue of USD 66,742.9 million in 2020 and is expected to reach USD 98,653.8 million by 2028.
  • The market is expected to grow at a CAGR (2021 - 2028) of 5% by 2028.
  • In terms of segment, polypropylene (pp) accounted for a revenue of USD 18,595.1 million in 2020.
  • Bioplastic (excluding PBT) is the most lucrative resin segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2020.

Global data book summary

Market revenue in 2020USD 66,742.9 million
Market revenue in 2028USD 98,653.8 million
Growth rate5% (CAGR from 2020 to 2028)
Largest segmentPolypropylene (pp)
Fastest growing segmentBioplastic (excluding PBT)
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationPolypropylene (PP), Polyethylene (PE), Thermoplastic elastomers (TPE), Polystyrene (PS), Polybutylene Terephthalate (PBT), Polyamide (PA), Polycarbonate (PC), Acrylonitrile Butadiene Systems (ABS), Bioplastic (excluding PBT), Acrylonitrile styrene acrylate (ASA), Styrene Acrylonitrile (SAN), Polymethyl methacrylate (PMMA), Polyoxymethylene (POM), Blends (PC/ABS, ABS/PBT, PS/PP)

Other key industry trends

  • In terms of revenue, the North America accounted for 16.7% of the global plastic compounds market in 2020.

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Plastic Compounds Market Companies

Name Profile # Employees HQ Website

Global plastic compounds market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastic compounds market will help companies and investors design strategic landscapes.


Polypropylene (pp) was the largest segment with a revenue share of 27.86% in 2020. Horizon Databook has segmented the Global plastic compounds market based on polypropylene (pp), polyethylene (pe), thermoplastic elastomers (tpe), polystyrene (ps), polybutylene terephthalate (pbt), polyamide (pa), polycarbonate (pc), acrylonitrile butadiene systems (abs), bioplastic (excluding pbt), acrylonitrile styrene acrylate (asa), styrene acrylonitrile (san), polymethyl methacrylate (pmma), polyoxymethylene (pom), blends (pc/abs, abs/pbt, ps/pp) covering the revenue growth of each sub-segment from 2017 to 2028.


  • Global Plastic Compounds Resin Outlook (Revenue, USD Million, 2017-2028)
    • Polypropylene (PP)
    • Polyethylene (PE)
    • Thermoplastic elastomers (TPE)
      • TPS
        • Unsaturated
        • Saturated
      • Thermoplastic Polyolefins (TPO)
      • Thermoplastic Vulcanizates (TPV)
    • Polystyrene (PS)
    • Polybutylene Terephthalate (PBT)
    • Polyamide (PA)
    • Polycarbonate (PC)
    • Acrylonitrile Butadiene Systems (ABS)
    • Bioplastic (excluding PBT)
    • Acrylonitrile styrene acrylate (ASA)
    • Styrene Acrylonitrile (SAN)
    • Polymethyl methacrylate (PMMA)
    • Polyoxymethylene (POM)
    • Blends (PC/ABS, ABS/PBT, PS/PP)
  • Global Plastic Compounds End-Use Outlook (Revenue, USD Million, 2017-2028)
    • Automotive
    • Appliances
    • Electrical Electronics & Electrotechnical
    • Building & Construction
    • Furniture
    • Power Tools
    • Packaging
    • Agriculture
    • Sport & Leisure
    • Healthcare
    • Others
  • Global Plastic Compounds Technology Outlook (Revenue, USD Million, 2017-2028)
    • Injection molding
    • Extrusion
    • Blow Molding
    • Others
  • Global Plastic Compounds Filler Outlook (Revenue, USD Million, 2017-2028)
    • Unfilled
    • Carbon Fiber Reinforced
    • Flame Retardant
    • Glass Fiber Reinforced
    • Long Glass Fiber Filled
    • Calcium Carbonate Filled
    • Talcum Filled

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  • Our clientele includes a mix of plastic compounds market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global plastic compounds market , including forecasts for subscribers. This global databook contains high-level insights into Global plastic compounds market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Global plastic compounds market size, by regions, 2017-2028 (US$M)

Global Plastic Compounds Market Outlook Share, 2020 & 2028 (US$M)

Global plastic compounds market share, by resin, 2020 & 2028 (%, US$M)

Plastic compounds market: Opportunity assessment by country

Global plastic compounds market, by region, 2020 (US$M)

Global plastic compounds market size, by regions, 2017-2028 (US$M)

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