Market Overview:
The global PC compounding market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for lightweight and durable plastics across different industries, especially automotive and electronics. In terms of type, the PC/ABS segment is expected to lead the global PC compounding market during the forecast period, followed by PC/PBT and PC/PET segments. The increasing demand for high-performance plastics in automotive applications is driving the growth of these segments.
Product Definition:
PC Compounding is the process of creating a custom medication for an individual patient. This involves selecting the appropriate medications and then mixing them together in the correct dosage form. It is important because it allows healthcare professionals to tailor medications specifically to each patient's needs.
PC/ABS:
Polycarbonate/Acrylonitrile Butadiene Styrene (PC/ABS) is a thermoplastic elastomer, which is also called as PC resin. It has styrene as its major component and carbonate or acrylonitrile butadiene rubber (NBR) as its minor one.
PC/PBT:
Polycarbonate is a thermoplastic polymer, which contains carbon and hydrogen. PC/PBT is a blend of polycarbonate and polybutylene terephthalate (PBT) that has applications in display panels, automotive instrument panels, mobile phone covers & casings as well as electrical & electronics.
Application Insights:
The global demand for compound parts is witnessing a paradigm shift due to the growing need for replacement of older and worn-out components with modern technologies. The automotive sector accounted for more than 40% of the overall market in 2017, owing to rising demand from passenger cars and light commercial vehicles. In addition, stringent regulations on reduction of vehicular weight have led to increased use of lightweight compounds in automotive applications over the past few years.
PC/ABS is one of the most widely used materials in vehicle manufacturing as it offers good impact strength and high thermal stability required in automobile parts. It has been observed that majority of OEMs (original equipment manufacturers) prefer using PC/ABS over other types such as polycarbonate or steel reinforced plastic when designing new car interiors due to its aesthetic appeal along with superior mechanical properties offered by these plastics at a lower cost than traditional materials such as metal or glass fiber composites.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand from various end-use industries, such as automotive, electronics and appliances. In addition, rising disposable income levels in emerging countries of Asia Pacific are anticipated to fuel product demand in this region.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high automobile production and sales across major markets including Germany, France and Italy. Moreover, growing healthcare industry coupled with rising medical device manufacturing will augment PC compounding applications in Europe over the coming years.
North America is projected to witness steady growth during the forecast period owing to stringent government regulations regarding waste disposal along with increasing R&D activities by key players for developing eco-friendly materials that meet customer needs at reasonable costs are likely driving factors for market growth across North America during the estimated time span 8).
Growth Factors:
- Increasing demand from emerging markets: The global PC market is expected to grow at a CAGR of 3.8% during the forecast period. This can be attributed to the increasing demand from emerging markets, such as China and India.
- Proliferation of new form factors: With the advent of new form factors, such as 2-in-1s and convertibles, there has been an increase in demand for PCs among consumers. This is because these devices offer a combination of features that are not available in traditional laptops or desktops.
- Emergence of innovative technologies: Technologies such as virtual reality (VR) and augmented reality (AR) are gaining traction among consumers, which is resulting in an increase in demand for PCs that support these technologies. For instance, Dell has launched its XPS line of laptops that come with VR support built into them.
Scope Of The Report
Report Attributes
Report Details
Report Title
PC Compounding Market Research Report
By Type
PC/ABS, PC/PBT, PC/ASA, PC/PMMA, PC/PET
By Application
Automotive, Appliance, Electronics, Industrial Parts, Healthcare Parts
By Companies
Mitsubishi Engineering-Plastics Corporation, GRUPO REPOL, Polyram Plastic Industries, DowDuPont, Formosa Chemicals & Fibre Corp., MRC Polymers, Covestro, SABIC, Teijin, Trinseo, LOTTE Advanced Materials, Chi Mei, LG Chemical, FCFC, Daicel, RTP, PolyOne, Gardiner Compounds, Ever Plastic, KUMHO-SUNNY, Kingfa Science and Technology, Silver Age Sci & Tech, Juner, PRET Composites, Qingdao Gon Science & Technology, WOTE, Fu-day New Material Technology, Kitech, Fuheng New Material, Selon
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global PC Compounding Market Report Segments:
The global PC Compounding market is segmented on the basis of:
Types
PC/ABS, PC/PBT, PC/ASA, PC/PMMA, PC/PET
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
Automotive, Appliance, Electronics, Industrial Parts, Healthcare Parts
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:
- Mitsubishi Engineering-Plastics Corporation
- GRUPO REPOL
- Polyram Plastic Industries
- DowDuPont
- Formosa Chemicals & Fibre Corp.
- MRC Polymers
- Covestro
- SABIC
- Teijin
- Trinseo
- LOTTE Advanced Materials
- Chi Mei
- LG Chemical
- FCFC
- Daicel
- RTP
- PolyOne
- Gardiner Compounds
- Ever Plastic
- KUMHO-SUNNY
- Kingfa Science and Technology
- Silver Age Sci & Tech
- Juner
- PRET Composites
- Qingdao Gon Science & Technology
- WOTE
- Fu-day New Material Technology
- Kitech
- Fuheng New Material
- Selon
Highlights of The PC 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:
- PC/ABS
- PC/PBT
- PC/ASA
- PC/PMMA
- PC/PET
- By Application:
- Automotive
- Appliance
- Electronics
- Industrial Parts
- Healthcare Parts
- 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 PC 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?
PC compounding is a process of reinvesting your earnings from your personal account into additional investments that offer higher returns. This can help you grow your money faster over time, which can be important if you're looking to retire or build a larger financial cushion.
Some of the key players operating in the pc compounding market are Mitsubishi Engineering-Plastics Corporation, GRUPO REPOL, Polyram Plastic Industries, DowDuPont, Formosa Chemicals & Fibre Corp., MRC Polymers, Covestro, SABIC, Teijin, Trinseo, LOTTE Advanced Materials, Chi Mei, LG Chemical, FCFC, Daicel, RTP, PolyOne, Gardiner Compounds, Ever Plastic, KUMHO-SUNNY, Kingfa Science and Technology, Silver Age Sci & Tech, Juner, PRET Composites, Qingdao Gon Science & Technology, WOTE, Fu-day New Material Technology, Kitech, Fuheng New Material, Selon.
The pc compounding market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PC 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 PC Compounding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PC 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 PC 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 PC Compounding Market Size & Forecast, 2018-2028
4.5.1 PC Compounding Market Size and Y-o-Y Growth
4.5.2 PC Compounding Market Absolute $ Opportunity
Chapter 5 Global PC Compounding 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 PC Compounding Market Size Forecast by Type
5.2.1 PC/ABS
5.2.2 PC/PBT
5.2.3 PC/ASA
5.2.4 PC/PMMA
5.2.5 PC/PET
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PC Compounding 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 PC Compounding Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Appliance
6.2.3 Electronics
6.2.4 Industrial Parts
6.2.5 Healthcare Parts
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PC 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 PC 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 PC Compounding Analysis and Forecast
9.1 Introduction
9.2 North America PC Compounding 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 PC Compounding Market Size Forecast by Type
9.6.1 PC/ABS
9.6.2 PC/PBT
9.6.3 PC/ASA
9.6.4 PC/PMMA
9.6.5 PC/PET
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 PC Compounding Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Appliance
9.10.3 Electronics
9.10.4 Industrial Parts
9.10.5 Healthcare Parts
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 PC Compounding Analysis and Forecast
10.1 Introduction
10.2 Europe PC Compounding 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 PC Compounding Market Size Forecast by Type
10.6.1 PC/ABS
10.6.2 PC/PBT
10.6.3 PC/ASA
10.6.4 PC/PMMA
10.6.5 PC/PET
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 PC Compounding Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Appliance
10.10.3 Electronics
10.10.4 Industrial Parts
10.10.5 Healthcare Parts
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 PC Compounding Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PC Compounding 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 PC Compounding Market Size Forecast by Type
11.6.1 PC/ABS
11.6.2 PC/PBT
11.6.3 PC/ASA
11.6.4 PC/PMMA
11.6.5 PC/PET
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 PC Compounding Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Appliance
11.10.3 Electronics
11.10.4 Industrial Parts
11.10.5 Healthcare Parts
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 PC Compounding Analysis and Forecast
12.1 Introduction
12.2 Latin America PC Compounding 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 PC Compounding Market Size Forecast by Type
12.6.1 PC/ABS
12.6.2 PC/PBT
12.6.3 PC/ASA
12.6.4 PC/PMMA
12.6.5 PC/PET
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 PC Compounding Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Appliance
12.10.3 Electronics
12.10.4 Industrial Parts
12.10.5 Healthcare Parts
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) PC Compounding Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PC Compounding 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) PC Compounding Market Size Forecast by Type
13.6.1 PC/ABS
13.6.2 PC/PBT
13.6.3 PC/ASA
13.6.4 PC/PMMA
13.6.5 PC/PET
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) PC Compounding Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Appliance
13.10.3 Electronics
13.10.4 Industrial Parts
13.10.5 Healthcare Parts
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 PC Compounding Market: Competitive Dashboard
14.2 Global PC Compounding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Engineering-Plastics Corporation
14.3.2 GRUPO REPOL
14.3.3 Polyram Plastic Industries
14.3.4 DowDuPont
14.3.5 Formosa Chemicals & Fibre Corp.
14.3.6 MRC Polymers
14.3.7 Covestro
14.3.8 SABIC
14.3.9 Teijin
14.3.10 Trinseo
14.3.11 LOTTE Advanced Materials
14.3.12 Chi Mei
14.3.13 LG Chemical
14.3.14 FCFC
14.3.15 Daicel
14.3.16 RTP
14.3.17 PolyOne
14.3.18 Gardiner Compounds
14.3.19 Ever Plastic
14.3.20 KUMHO-SUNNY
14.3.21 Kingfa Science and Technology
14.3.22 Silver Age Sci & Tech
14.3.23 Juner
14.3.24 PRET Composites
14.3.25 Qingdao Gon Science & Technology
14.3.26 WOTE
14.3.27 Fu-day New Material Technology
14.3.28 Kitech
14.3.29 Fuheng New Material
14.3.30 Selon
