Plastic Compounding Market Analysis, Trends, Demand and Outlook 2027 {{ currentPage ? currentPage.title : "" }}

As per the report, the plastic compounding market size stood at USD 52.74 billion in 2018. It is set to reach USD 87.11 billion by 2026, thereby exhibiting a CAGR of 6.5% during the forecast period. The global plastic compounding market size is set to gain traction from their increasing usage in the automotive and packaging industry. Besides, construction activities in emerging economies are increasing at a fast pace.

Information source:

https://www.fortunebusinessinsights.com/plastic-compounding-market-102550

Drivers & Restraints-

Increasing Number of Commercial & Residential Projects to Augment Growth

Nowadays, plastics are being used extensively in the insulation of infrastructures and buildings. Several products required for construction are made mainly by utilizing plastics.

{{{ content }}}