Global market value of plastic compounding 2018 & 2026

Published by Statista Research Department, Jun 28, 2024
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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Release date

October 2019

Region

Worldwide

Survey time period

2018

Supplementary notes

According to the source, figures were projected using a compound annual growth rate (CAGR) of 6.2 percent during the forecast period.
* Forecast.

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