Southeast Asia Plastic Compounding Market Size, Share & Trends Analysis Report By Product (PP, PET, PVC, PBT, ABS), By Application (Automotive, Electrical & Electronics, Construction), By Region, And Segment Forecasts, 2019 - 2026

Published: Aug, 2019 | Pages: 97 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The Southeast Asia plastic compounding market size is anticipated to reach USD 6.7 billion by 2026, accelerating at a CAGR of 8.9% from 2019 to 2026, according to a new report by Grand View Research, Inc. Rapidly developing construction and automobile markets are anticipated to drive the demand for interiors, exteriors, and underhood components. Major application areas of plastic compounding involve underhood components in the automotive industry, building interiors and exteriors in construction and infrastructure industries, and in electronics, durables, and wire and cable industries.

The market for plastic compounding in Southeast Asia is likely to be driven by the increasing demand for compounded products in automotive, building & construction, electrical & electronics, packaging, consumer goods, industrial machinery, medical devices, and optical media applications. Regulatory intervention to reduce gross vehicle weight to improve fuel efficiency and ultimately reduce carbon emissions have driven automotive OEMs to adopt compounded plastics as a substitute to metals for fabricating automotive components.

Optical media is anticipated to be the fastest-growing application segment by 2026 both in terms of volume and revenue in Southeast Asia market. Due to their superior properties and moldability, compounded plastics are being used as a replacement for metals and other engineering plastics. They are also widely utilized in automotive applications with their scope extending from interior components to exterior parts. This aids in reducing the overall vehicle weight and increasing fuel efficiency, while maintaining quality standards.

Over the past few years, there has been a considerable demand for plastic compounding with the end product being used as a replacement for metals and alloys across various industries such as automotive, industrial machinery, and consumer goods. The compounding industry's criticality lies on technology as the ever-increasing requirement of end users, in terms of product specification and versatility, gradually tends to overshadow consumption dynamics. Other factors, such as feedstock availability, production processes, and sociopolitical events, also have a significant impact on industry trends.

Further key findings from the report suggest:

• Polypropylene (PP) segment occupied the largest revenue share in 2018 and is projected to continue to be the largest segment in the Southeast Asia market over the forecast period

• Increasing requirement for flame retardancy, heat resistance, and improved serviceability is anticipated to drive the demand for products formed through compounding process in electronics & electrical industry

• The automotive segment accounted for 24.2% of the Southeast Asian market in 2018, in terms of revenue, and it is projected to grow at a CAGR of 9.1% over the forecast period

• Indonesia dominated the market for plastic compounding in the Southeast Asian region in 2018 both in terms of volume and revenue and is expected to continue its domination over the forecast period

• Key players include in Southeast Asia plastic compounding market are BASF SE, SABIC, LyondellBasell Industries N.V., Kraton Polymers Inc., RTP Company, The 3M Company, Teijin Plastics, among others.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research scope and assumptions
                 1.3 Information Procurement
                      1.3.1 Purchased Database
                      1.3.2 Gvr's Internal Database
                      1.3.3 Secondary Sources
                      1.3.4 Third Party Perspective
                      1.3.5 Primary Research
                 1.4 Information Analysis
                      1.4.1 Data Analysis Models
                 1.5 Market Formulation And Data Visualization
                 1.6 Data Validation And Publishing
Chapter 2 Executive Summary
                 2.1 Segment Outlook
Chapter 3 Southeast Asia Plastic Compounding Market Variables, Trends, And Scope
                 3.1 Market Segmentation And Scope
                 3.2 Market Lineage Outlook
                      3.2.1 Global Plastics Market
                 3.3 Penetration & Growth Prospect Mapping
                 3.4 Southeast Asia Plastic Compounding Market - Value Chain Analysis
                      3.4.1 Raw Material Trends
                          3.4.1.1 Polypropylene (Pp)
                          3.4.1.2 Polyurethane (Pu)
                          3.4.1.3 Polyethylene Terephthalate (Pet)
                      3.4.2 Manufacturing Trends
                          3.4.2.1 Batch Mixing
                          3.4.2.2 Continuous Mixing
                      3.4.3 Sales Channel Analysis
                      3.4.4 Vendor Selection Criteria Analysis
                 3.5 Technology Trends
                 3.6 Regulatory Framework
                      3.6.1 Global Standard & Compliances For Plastic Compounding
                          3.6.1.1 Polyethylene Terephthalate (Pet)
                          3.6.1.2 Polyethylene (Pe)
                          3.6.1.3 Polyvinyl Chloride (Pvc)
                          3.6.1.4 Acrylonitrile Butadiene Styrene (Abs)
                          3.6.1.5 Polystyrene (Ps)
                      3.6.2 Key Regulations And Its Impact On Southeast Asia Plastic Compounding Market
                      3.6.3 Safety
                          3.6.3.1 Polyurethane (Pu)
                          3.6.3.2 Polypropylene (Pp)
                 3.7 Market Dynamics
                      3.7.1 Market Driver Analysis
                          3.7.1.1 Robust Growth In The Application Industries
                          3.7.1.2 Increasing Demand From Construction Industry
                      3.7.2 Market Restraint Analysis
                          3.7.2.1 Volatile Raw Material Prices
                 3.8 Southeast Asia Plastic Compounding Market - Porter's Analysis
                 3.9 Southeast Asia Plastic Compounding Market - Pestel Analysis
Chapter 4 Southeast Asia Plastic Compounding Market: Product Estimates & Analysis
                 4.1 Southeast Asia Plastic Compounding Market: Product Movement Analysis, 2018 & 2026
                 4.2 Polyethylene (Pe)
                      4.2.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.3 Polypropylene (Pp)
                      4.3.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.4 Thermoplastic Vulcanizates (Tpv)
                      4.4.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.5 Thermoplastic Polyolefins (Tpo)
                      4.5.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.6 Polyvinyl Chloride (Pvc)
                      4.6.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.7 Polystyrene (Ps)
                      4.7.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.8 Polyethylene Terephthalate (Pet)
                      4.8.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.9 Polybutylene Terephthalate (Pbt)
                      4.9.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.10 Polyamide (Pa)
                      4.10.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.11 Polycarbonate (Pc)
                      4.11.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.12 Acrylonitrile Butadiene Systems (Abs)
                      4.12.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                 4.13 Others
                      4.13.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
Chapter 5 Southeast Asia Plastic Compounding Market: Application Estimates & Analysis
                 5.1 Southeast Asia Plastic Compounding Market: Application Movement Analysis, 2018 & 2026
                 5.2 Automotive
                      5.2.1 Market Estimates And Forecasts, In Automotive, 2014 - 2026 (Kilotons) (USD Million)
                 5.3 Building & Construction
                      5.3.1 Market Estimates And Forecasts, In Building & Construction, 2014 - 2026 (Kilotons) (USD Million)
                 5.4 Electrical & Electronics
                      5.4.1 Market Estimates And Forecasts, In Electrical & Electronics, 2014 - 2026 (Kilotons) (USD Million)
                 5.5 Packaging
                      5.5.1 Market Estimates And Forecasts, In Packaging, 2014 - 2026 (Kilotons) (USD Million)
                 5.6 Consumer Goods
                      5.6.1 Market Estimates And Forecasts, In Consumer Goods, 2014 - 2026 (Kilotons) (USD Million)
                 5.7 Industrial Machinery
                      5.7.1 Market Estimates And Forecasts, In Industrial Machinery, 2014 - 2026 (Kilotons) (USD Million)
                 5.8 Medical Devices
                      5.8.1 Market Estimates And Forecasts, In Medical Devices, 2014 - 2026 (Kilotons) (USD Million)
                 5.9 Optical Media
                      5.9.1 Market Estimates And Forecasts, In Optical Media, 2014 - 2026 (Kilotons) (USD Million)
                 5.10 Others
                      5.10.1 Market Estimates And Forecasts, In Others, 2014 - 2026 (Kilotons) (USD Million)
Chapter 6 Plastic Compounding Market: Region Estimates & Analysis
                 6.1 Plastic Compounding Market: Region Movement Analysis, 2018 & 2026
                 6.2 Southeast Asia
                      6.2.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                      6.2.2 Market Estimates And Forecasts, By Product, 2014 - 2026 (Kilotons) (USD Million)
                      6.2.3 Market Estimates And Forecasts, By Application, 2014 - 2026 (Kilotons) (USD Million)
                      6.2.4 Indonesia
                          6.2.4.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.4.2 Market Estimates And Forecasts, By Product, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.4.3 Market Estimates And Forecasts, By Application, 2014 - 2026 (Kilotons) (USD Million)
                      6.2.5 Malaysia
                          6.2.5.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.5.2 Market Estimates And Forecasts, By Product, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.5.3 Market Estimates And Forecasts, By Application, 2014 - 2026 (Kilotons) (USD Million)
                      6.2.6 Singapore
                          6.2.6.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.6.2 Market Estimates And Forecasts, By Product, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.6.3 Market Estimates And Forecasts, By Application, 2014 - 2026 (Kilotons) (USD Million)
                      6.2.7 Thailand
                          6.2.7.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.7.2 Market Estimates And Forecasts, By Product, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.7.3 Market Estimates And Forecasts, By Application, 2014 - 2026 (Kilotons) (USD Million)
                      6.2.8 Vietnam
                          6.2.8.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.8.2 Market Estimates And Forecasts, By Product, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.8.3 Market Estimates And Forecasts, By Application, 2014 - 2026 (Kilotons) (USD Million)
                      6.2.9 Philippines
                          6.2.9.1 Market Estimates And Forecasts, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.9.2 Market Estimates And Forecasts, By Product, 2014 - 2026 (Kilotons) (USD Million)
                          6.2.9.3 Market Estimates And Forecasts, By Application, 2014 - 2026 (Kilotons) (USD Million)
Chapter 7 Competitive Landscape
                 7.1 Key Global Players & Recent Developments And Their Impact On The Southeast Asia Industry
                 7.2 Vendor Landscape
                      7.2.1 List Of Suppliers
                      7.2.2 List Of End Users
                 7.3 List Of Companies (Public & Private)
                 7.4 Competitive Environment
                 7.5 Strategic Framework
Chapter 8 Company Profiles
                 8.1 BASF SE
                      8.1.1 Company Overview
                      8.1.2 Financial Performance
                      8.1.3 Product Benchmarking
                      8.1.4 Strategic Initiatives
                 8.2 SABIC
                      8.2.1 Company Overview
                      8.2.2 Financial Performance
                      8.2.3 Product Benchmarking
                      8.2.4 Strategic Initiatives
                 8.3 RTP Company, Inc.
                      8.3.1 Company Overview
                      8.3.2 Product Benchmarking
                 8.4 The 3M Company
                      8.4.1 Company Overview
                      8.4.2 Financial Performance
                      8.4.3 Product Benchmarking
                 8.5 Teijin Plastics
                      8.5.1 Company Overview
                      8.5.2 Financial Performance
                      8.5.3 Product Benchmarking
                 8.6 LyondellBasell Industries N.V.
                      8.6.1 Company Overview
                      8.6.2 Financial Performance
                      8.6.3 Product Benchmarking
                 8.7 Kraton Polymers Inc.
                      8.7.1 Company Overview
                      8.7.2 Product Benchmarking
                 8.8 Polyplastics Asia Pacific Sdn Bhd
                      8.8.1 Company Overview
                      8.8.2 Financial Performance
                      8.8.3 Product Benchmarking
                      8.8.4 Strategic Initiatives
                 8.9 C. Melchers GmbH & Co.
                      8.9.1 Company Overview
                      8.9.2 Product Benchmarking
                 8.10 Helistrom Sdn Bhd
                      8.10.1 Company Overview
                      8.10.2 Product Benchmarking
                 8.11 Sheng Foong Plastic Industries Sdn Bhd
                      8.11.1 Company Overview
                      8.11.2 Product Benchmarking

List of Tables

Table 1 Polyethylene (PE) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 2 Polypropylene (PP) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 3 Thermoplastic vulcanizates (TPV) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 4 Thermoplastic polyolefins (TPO) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 5 Polyvinyl chloride (PVC) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 6 Polystyrene (PS) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 7 Polyethylene terephthalate (PET) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 8 Polybutylene terephthalate (PBT) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 9 Polyamide (PA) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 10 Polycarbonate (PC) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 11 Acrylonitrile butadiene systems (ABS) compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 12 Others compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 13 Southeast Asia plastic compounding market estimates and forecasts, in automotive, 2014 - 2026 (Kilotons) (USD Million)
Table 14 Southeast Asia plastic compounding market estimates and forecasts, in building & construction, 2014 - 2026 (Kilotons) (USD Million)
Table 15 Southeast Asia plastic compounding market estimates and forecasts, in Electrical & Electronics, 2014 - 2026 (Kilotons) (USD Million)
Table 16 Southeast Asia plastic compounding market estimates and forecasts, in Packaging, 2014 - 2026 (Kilotons) (USD Million)
Table 17 Southeast Asia plastic compounding market estimates and forecasts, in Consumer Goods, 2014 - 2026 (Kilotons) (USD Million)
Table 18 Southeast Asia plastic compounding market estimates and forecasts, in Industrial Machinery, 2014 - 2026 (Kilotons) (USD Million)
Table 19 Southeast Asia plastic compounding market estimates and forecasts, in Medical Device, 2014 - 2026 (Kilotons) (USD Million)
Table 20 Southeast Asia plastic compounding market estimates and forecasts, in Optical Media, 2014 - 2026 (Kilotons) (USD Million)
Table 21 Southeast Asia plastic compounding market estimates and forecasts, in Others, 2014 - 2026 (Kilotons) (USD Million)
Table 22 Southeast Asia plastic compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 23 Southeast Asia plastic compounding market volume estimates and forecasts, by product, 2014 - 2026 (Kilotons)
Table 24 Southeast Asia plastic compounding market revenue estimates and forecasts, by product, 2014 - 2026 (USD Million)
Table 25 Southeast Asia plastic compounding market volume estimates and forecasts, by application, 2014 - 2026 (Kilotons)
Table 26 Southeast Asia plastic compounding market revenue estimates and forecasts, by application, 2014 - 2026 (USD Million)
Table 27 Indonesia plastic compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 28 Indonesia plastic compounding market volume estimates and forecasts, by product, 2014 - 2026 (Kilotons)
Table 29 Indonesia plastic compounding market revenue estimates and forecasts, by product, 2014 - 2026 (USD Million)
Table 30 Indonesia plastic compounding market volume estimates and forecasts, by application, 2014 - 2026 (Kilotons)
Table 31 Indonesia plastic compounding market revenue estimates and forecasts, by application, 2014 - 2026 (USD Million)
Table 32 Malaysia plastic compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 33 Malaysia plastic compounding market volume estimates and forecasts, by product, 2014 - 2026 (Kilotons)
Table 34 Malaysia plastic compounding market revenue estimates and forecasts, by product, 2014 - 2026 (USD Million)
Table 35 Malaysia plastic compounding market volume estimates and forecasts, by application, 2014 - 2026 (Kilotons)
Table 36 Malaysia plastic compounding market revenue estimates and forecasts, by application, 2014 - 2026 (USD Million)
Table 37 Singapore plastic compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 38 Singapore plastic compounding market volume estimates and forecasts, by product, 2014 - 2026 (Kilotons)
Table 39 Singapore plastic compounding market revenue estimates and forecasts, by product, 2014 - 2026 (USD Million)
Table 40 Singapore plastic compounding market volume estimates and forecasts, by application, 2014 - 2026 (Kilotons)
Table 41 Singapore plastic compounding market revenue estimates and forecasts, by application, 2014 - 2026 (USD Million)
Table 42 Thailand plastic compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 43 Thailand plastic compounding market volume estimates and forecasts, by product, 2014 - 2026 (Kilotons)
Table 44 Thailand plastic compounding market revenue estimates and forecasts, by product, 2014 - 2026 (USD Million)
Table 45 Thailand plastic compounding market volume estimates and forecasts, by application, 2014 - 2026 (Kilotons)
Table 46 Thailand plastic compounding market revenue estimates and forecasts, by application, 2014 - 2026 (USD Million)
Table 47 Vietnam plastic compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 48 Vietnam plastic compounding market volume estimates and forecasts, by product, 2014 - 2026 (Kilotons)
Table 49 Vietnam plastic compounding market revenue estimates and forecasts, by product, 2014 - 2026 (USD Million)
Table 50 Vietnam plastic compounding market volume estimates and forecasts, by application, 2014 - 2026 (Kilotons)
Table 51 Vietnam plastic compounding market revenue estimates and forecasts, by application, 2014 - 2026 (USD Million)
Table 52 Philippines plastic compounding market estimates and forecasts, 2014 - 2026 (Kilotons) (USD Million)
Table 53 Philippines plastic compounding market volume estimates and forecasts, by product, 2014 - 2026 (Kilotons)
Table 54 Philippines plastic compounding market revenue estimates and forecasts, by product, 2014 - 2026 (USD Million)
Table 55 Philippines plastic compounding market volume estimates and forecasts, by application, 2014 - 2026 (Kilotons)
Table 56 Philippines plastic compounding market revenue estimates and forecasts, by application, 2014 - 2026 (USD Million)

List of Figures

Fig. 1 Information procurement
Fig. 2 Primary research pattern
Fig. 3 Primary Research Process
Fig. 4 Market research approaches - Bottom-Up Approach
Fig. 5 Market research approaches - Top-Down Approach
Fig. 6 Market research approaches - Combined Approach
Fig. 7 Southeast Asia plastic compounding market segment outlook, 2018 (USD Million)
Fig. 8 Southeast Asia plastic compounding market 2014 - 2026 (USD Million)
Fig. 9 Southeast Asia plastic compounding market: Key opportunities prioritized
Fig. 10 Southeast Asia plastic compounding market: Value chain analysis
Fig. 11 Southeast Asia polypropylene prices, March 2017- December 2018 (USD/Ton)
Fig. 12 Southeast Asia automotive production, 2014 - 2021 (Million Units)
Fig. 13 Percentage average growth rates, construction output 2005-2025
Fig. 14 West Texas Intermediate (WTI) Crude Oil Prices, 2010 to 2018 (USD/Barrel)
Fig. 15 Southeast Asia plastic compounding market - Porter's analysis
Fig. 16 Southeast Asia plastic compounding market - PESTEL analysis
Fig. 17 Southeast Asia plastic compounding market: Product movement analysis, 2018 & 2026
Fig. 18 Southeast Asia plastic compounding market: Application movement analysis, 2018 & 2026
Fig. 19 Plastic compounding market: Region movement analysis, 2018 & 2026
Fig. 20 Southeast Asia plastic compounding market: Competitive Environment
Fig. 21 Southeast Asia plastic compounding market: Strategic framework