DUBLIN--(BUSINESS WIRE)--The "North America Plastic Compounding Market Size By Product, By End User, By Regional Analysis And Forecast" report has been added to ResearchAndMarkets.com's offering.
According to the publisher, the North America Plastic Compounding Market was valued at USD 10,767.85 Million in 2019 and is projected to reach USD 18,188.02 Million by 2027, growing at a CAGR of 6.88% from 2020 to 2027.
The Global North America Plastic Compounding Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined.
The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global North America Plastic Compounding Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.
North America Plastic Compounding Market Overview
The market is expected to experience lucrative growth owing to the growing demand from the automotive industry for making lightweight vehicles. Vehicle weight has a direct effect on driving dynamics and fuel efficiency, so the automotive industry has been focused on vehicle weight reduction for decades.
This report provides an all-inclusive environment of the analysis for the Global North America Plastic Compounding Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global North America Plastic Compounding Market growth.
Along with the market overview, which comprises of the market dynamics the chapter includes a Porter's Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Global North America Plastic Compounding Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global North America Plastic Compounding Market.
North America Plastic Compounding Market: Segmentation Analysis
The North America Plastic Compounding Market is segmented on the basis of Product, End User, and Geography.
Key Players in North America Plastic Compounding Market
The major players in the market are Dow Inc., LyondellBasell Industries, N.V., DuPont de Nemours, Inc., BASF SE, SABIC, RTP Company, Kraton Polymers Inc., Covestro, Washington Penn Plastics Company, and Asahi Kasei Plastics North America, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/yd8ami
