Global PC Compounding Market By PC Compound (PC/ABS, PC/PBT and Others), By Color (No Color, White and Others), By Pigment (No Pigment, Titanium Dioxide and Others), By Industry Vertical (Automotive and Others) and By Region - Global Forecast 2030

“Global PC Compounding Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global PC compounding market has been segmented on the basis of PC compound, color, pigment, industry vertical, as well as regions and countries.

The Global PC Compounding Market was valued at UЅD $15,306.8 Мn in 2020, and is projected to achieve a valuation of UЅD $25,150.4 Мn by 2030, at a САGR of 4.3%.

Overview:

PC (Polycarbonate) based compounds are often known as engineering plastics owing to their numerous favorable characteristics. The compounding system is critically important for all polycarbonate-based materials. PC ingredients, mostly in powder or chip form, are compounded together with additive components into pellets such as transparent molding compounds in the compounding system.

Dynamics:

The increasing usage of polycarbonate compounds for various component manufacturing applications such as the interiors, panels, trim, etc., in the automotive industry, and the subsequent expansion of the automotive sector owing to rapid urbanization and industrialization are some of the primary factors that are expected to continue to have a profound influence on the revenue growth of the global PC compounding market in the foreseeable future.

Furthermore, the increasing adoption of these compounds as a result of its numerous favorable characteristics such as high dimensional stability, high impact strength, good electrical properties, etc., in the manufacture of various electronic devices is also a major factor that is expected to boost the revenue growth of the global PC compounding market in the coming years.

In addition to this, due to the same aforementioned benefits, PC compounds are increasingly being used instead metal or glass materials in the manufacture of numerous medical devices such as drug delivery systems, surgical instruments, hemodialysis membranes, etc., This is another major factor that is slated to have a significant influence on the market growth of this global industry over the forecast period.

However, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global PC compounding market is no different, and this factor is anticipated to have a significantly negative impact on the revenue growth of this industry. Moreover, the high availability of various substitutes to PC compounds is another major factor that may restrain the revenue growth of the global PC compounding market in the near future.

Nonetheless, the increasing demand for products that are not only eco-friendlier but do not compromise on the quality of the finished product is another significant factor that is anticipated to further augment the projected revenue growth of the global PC compounding market over the next 10 years.

Segmentation of the Global PC Compounding Market is as follows:

In terms of PC compound, the PC segment accounted for the maximum number of revenue shares of the global PC compounding market in 2020, and is expected to continue doing so over the forecast period. The PC-ABS segment is also anticipated to index a high CAGR over the next 10 years.

On the basis of color, the white segment accounted for the maximum number of revenue shares of the global PC compounding market in 2020, and this segment is slated to continue to do so over the next 10 years. The no color segment is also expected to register a high CAGR over the forecast period.

With respect to pigment, the titanium dioxide segment accounted for the highest number of revenue shares of the global PC compounding market in 2020, and this segment is expected to retain its respective market positon over the course of the forecast period. The no pigment segment is also slated to index considerable revue growth over the next 10 years.

Based on industry vertical, the appliances segment accounted for the maximum number of revenue shares of this global market in 2020, and this segment is anticipated to continue to retain its respective market position over the course of this forecast period. The automotive segment is also slated to register considerable revenue growth in the years to come.

Regional Segmentation and Analysis:

Markets in the Asia Pacific region accounted for the maximum number of revenue shares of the global PC compounding market in 2020, and are indicative of remaining this industry’s front-runner over the next decade. The markets in Europe are also anticipated to register a high CAGR over the course of the forecast period.

Segmentation of the Global PC Compounding Market:

Segmentation by PC Compound:

• PC/ABS
• PC/PBT
• PC/ASA
• PC
• PC/PET
• PC-Others

Segmentation by Color:

• No Color
• White
• Black
• Blue/Green
• Other Colors

Segmentation by Pigment:

• No Pigment
• Titanium Dioxide
• Aluminum Pigments
• Carbon Black
• Iron Oxide
• Other Pigments

Segmentation by Industry Vertical:

• Automotive
• Appliance
• Electronic
• Construction
• Medical
• Packaging
• Sports Goods
• Other Industry Vertical

Segmentation by Regions:

• North America
• Europe
• APAC
• Latin America
• MEA