Asia Pacific Plastic Compounds Market Size & Outlook
Asia Pacific plastic compounds market, 2017-2028 (US$M)
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 2020 | USD 31,735.2 million |
| Market revenue in 2028 | USD 49,733.8 million |
| Growth rate | 5.8% (CAGR from 2020 to 2028) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Bioplastic (excluding PBT) |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 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) |
| Key market players worldwide | Asahi 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 Scope
Plastic Compounds Market Companies
| Name | Profile | # Employees | HQ | Website |
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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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Target buyers of Asia Pacific plastic compounds market databook
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Our clientele includes a mix of plastic compounds market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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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