Asia Pacific Plastic Compounds Market Size & Outlook

The plastic compounds market in Asia Pacific is expected to reach a projected revenue of US$ 49,733.8 million by 2028. A compound annual growth rate of 5.8% is expected of Asia Pacific plastic compounds market from 2021 to 2028.
Revenue, 2020 (US$M)
$31,735.2
Forecast, 2028 (US$M)
$49,733.8
CAGR, 2021 - 2028
5.8%
Report Coverage
Asia Pacific

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

Asia

Asia Pacific plastic compounds market highlights

  • The Asia Pacific plastic compounds market generated a revenue of USD 31,735.2 million in 2020.
  • The market is expected to grow at a CAGR of 5.8% from 2021 to 2028.
  • In terms of segment, polypropylene (pp) was the largest revenue generating resin in 2020.
  • Bioplastic (excluding PBT) is the most lucrative resin segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2020USD 31,735.2 million
Market revenue in 2028USD 49,733.8 million
Growth rate5.8% (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)
Key market players worldwideAsahi Kasei Corp, Basf SE, Chevron Corp, China XD, Covestro AG, Dow Inc, DuPont de Nemours Inc, Qingdao Gon Technology, Adell Plastics, Inc., Foster Corporation


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 47.5% of the global plastic compounds market in 2020.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 49,733.8 million by 2028.

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Plastic Compounds Market Companies

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Asia Pacific 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 32.68% in 2020. Horizon Databook has segmented the Asia Pacific 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.


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  • Our clientele includes a mix of plastic compounds market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific plastic compounds market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific plastic compounds market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Asia Pacific plastic compounds market

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

Asia Pacific plastic compounds market

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