Market Overview:
The global packaging plastic compounding market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for packaged food and beverages, rising disposable income, and growing urbanization. In terms of type, the reverse osmosis systems segment is expected to lead the global packaging plastic compounding market during the forecast period. This can be attributed to factors such as technological advancements in reverse osmosis systems and their ability to remove contaminants from water molecules.
Product Definition:
Packaging Plastic Compounding is the process of combining two or more polymers to create a new polymer with different physical and/or chemical properties. The purpose of Packaging Plastic Compounding is to create packaging materials that are more durable, less prone to damage, and easier to recycle.
Reverse Osmosis Systems:
Reverse osmosis systems, also called R/O or RO system is a semi-permeable membrane technology for removing water from a solution. It works by passing the feed water through the membrane and extracting purer drinking water out the other end. The technology has been around for many years but only recently has it started to gain widespread acceptance in food & beverage applications as well as chemical processing industries such as petroleum refining and fertilizer manufacturing among others.
Distillation Systems:
Distillation systems are used to separate solvents from their components. The most common application of distillation is in the production of alcohols, glycol ethers, and other hydrate based compounds. In the packaging plastic compound industry, distillation systems are used for purification and separation processes during manufacturing operations.
Application Insights:
The demand for the product in non-residential applications dominated the global market with a revenue share of over 40% in 2017. Non-residential application segment is expected to witness significant growth on account of rising demand from various industries including food & beverage, healthcare, and chemical manufacturing among others.
Packaging products such as polyethylene terephthalate (PET) bottles are used extensively in beverages industry owing to their advantages such as lightweight and high durability which enables longer shelf life. Moreover, growing packaging sector especially across emerging countries is anticipated to boost the segment growth over the forecast period.
Residential application was estimated as one of the fastest growing segments with a CAGR exceeding 7% from 2018 to 2030 owing to increasing use of packaged drinking water, home care products along with other household essentials such as detergents.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as food & beverage, pharmaceuticals and chemicals. Increasing population in emerging economies of Asia Pacific has led to an increase in demand for packaged water owing to growing concerns regarding waterborne diseases. This trend is projected to have a positive impact on the overall market growth over the next eight years.
The increasing use of reverse osmosis systems for purification and desalination applications coupled with rising investments by governments in developing countries such as India and China are some major factors expected to drive regional product demand during the forecast period. In addition, favorable government regulations aimed at promoting domestic manufacturing activities are likely boost industry expansion over the coming years.
Europe was estimated as being third largest after Asia Pacific.
Growth Factors:
- Increasing demand for lightweight and durable packaging materials from end-use industries.
- Rising demand for biodegradable and compostable packaging materials from food and beverage industry.
- Growing popularity of flexible packaging solutions among consumers due to its convenience features.
- Proliferation of e-commerce sector is expected to boost the demand for corrugated boxes in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Packaging Plastic Compounding Market Research Report
By Type
Reverse Osmosis Systems, Distillation Systems, Disinfection Methods, Filtration Methods, Water Softeners, Others
By Application
Residential, Non-residential
By Companies
Honeywell International Inc., M Company, Danaher Corporation, Pentair PLC, Best Water Technology (BWT) AG, Calgon Carbon Corporation, Culligan International, General Electric Company, Watts Water Technologies, Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Packaging Plastic Compounding Market Report Segments:
The global Packaging Plastic Compounding market is segmented on the basis of:
Types
Reverse Osmosis Systems, Distillation Systems, Disinfection Methods, Filtration Methods, Water Softeners, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Non-residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell International Inc.
- M Company
- Danaher Corporation
- Pentair PLC
- Best Water Technology (BWT) AG
- Calgon Carbon Corporation
- Culligan International
- General Electric Company
- Watts Water Technologies, Inc
Highlights of The Packaging Plastic Compounding Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reverse Osmosis Systems
- Distillation Systems
- Disinfection Methods
- Filtration Methods
- Water Softeners
- Others
- By Application:
- Residential
- Non-residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Packaging Plastic Compounding Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Packaging plastic compounding is a process of creating new plastics from recycled materials. The recycled materials are melted and formed into pellets, which are then heated until they reach their softening point. This softening point is called the melt index, and it determines how easily the pellets can be molded into new shapes.
Some of the major companies in the packaging plastic compounding market are Honeywell International Inc., M Company, Danaher Corporation, Pentair PLC, Best Water Technology (BWT) AG, Calgon Carbon Corporation, Culligan International, General Electric Company, Watts Water Technologies, Inc.
The packaging plastic compounding market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Packaging Plastic Compounding Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Packaging Plastic Compounding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Packaging Plastic Compounding Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Packaging Plastic Compounding Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Packaging Plastic Compounding Market Size & Forecast, 2020-2028
4.5.1 Packaging Plastic Compounding Market Size and Y-o-Y Growth
4.5.2 Packaging Plastic Compounding Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Reverse Osmosis Systems
5.2.2 Distillation Systems
5.2.3 Disinfection Methods
5.2.4 Filtration Methods
5.2.5 Water Softeners
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Non-residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Packaging Plastic Compounding Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Packaging Plastic Compounding Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Reverse Osmosis Systems
9.6.2 Distillation Systems
9.6.3 Disinfection Methods
9.6.4 Filtration Methods
9.6.5 Water Softeners
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Non-residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Reverse Osmosis Systems
10.6.2 Distillation Systems
10.6.3 Disinfection Methods
10.6.4 Filtration Methods
10.6.5 Water Softeners
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Non-residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Reverse Osmosis Systems
11.6.2 Distillation Systems
11.6.3 Disinfection Methods
11.6.4 Filtration Methods
11.6.5 Water Softeners
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Non-residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Reverse Osmosis Systems
12.6.2 Distillation Systems
12.6.3 Disinfection Methods
12.6.4 Filtration Methods
12.6.5 Water Softeners
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Non-residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Reverse Osmosis Systems
13.6.2 Distillation Systems
13.6.3 Disinfection Methods
13.6.4 Filtration Methods
13.6.5 Water Softeners
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Non-residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Packaging Plastic Compounding Market: Competitive Dashboard
14.2 Global Packaging Plastic Compounding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell International Inc.
14.3.2 M Company
14.3.3 Danaher Corporation
14.3.4 Pentair PLC
14.3.5 Best Water Technology (BWT) AG
14.3.6 Calgon Carbon Corporation
14.3.7 Culligan International
14.3.8 General Electric Company
14.3.9 Watts Water Technologies, Inc
