Description
The compounding of plastic resins is the addition of other materials to neat resins in order to add desirable properties or to make them more processable. This type of operation is conducted by three types of companies: (1) resin producers, (2) plastics processors (such as injection and blow molders, thermoformers, extruders and film/sheet producers) and (3) independent compounders—companies whose business is making plastic compounds and masterbatches, not resins or molded plastics products.
The role of each group varies by product segment, with large-volume processors such as extruders of sheet, film and pipe, and profiles assuming a more important compounding role than batch-focused processors like injection molders. Over the years, the compounding growth rate for resin producers has generally been slower than that of processors and compounders, as these latter companies take a bigger role in markets where significant proprietary technology is involved. Compounding trends are also highly dependent on different economic scenarios; for example, when polyethylene prices are high, PE bag makers and other large processors often compensate by increasing the addition of (that is, compounding with) cheaper calcium carbonate filler.
The production of compounded plastics is a large business and a highly competitive one. Competition is based on many factors, including speed, delivery, service, performance, product innovation, product recognition, quality and price.
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Based on our research, BCC Research sees trends of growth in thermoplastic compounding, such as:
– Compounding by processors should grow faster than that by producers or independent compounders.
– Calcium carbonate will remain the dominant thermoplastics filler with almost 80% of the filler market by volume.
– Carbon fiber reinforcement demand will continue to grow at double-digit rates, led by industrial (including automotive/energy) applications.
– Global sales of carbon nanotube-reinforced polymers will continue to grow at double-digit rates from 2017 to 2022, but probably more slowly than in the recent past.
– Natural fiber-plastic composites should continue to increase at compound annual growth rate (CAGR) of REDACTED% from 2017 through 2022, led by construction-molded applications.
– Use of masterbatches (primarily color concentrates) should grow near our projected U.S. gross domestic product (GDP) rate, at REDACTED% from 2017 to 2022.Report Scope:
This report covers the compounding of major thermoplastic resins. The high-volume commodity resins include high-density polyethylene (HDPE), low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC) and thermoplastic polyesters (primarily PET). Engineering thermoplastics (ETPs) covered include polybutylene terephthalate (PBT), nylons (polyamides), polycarbonates, acrylonitrile-butadiene-styrene terpolymers (ABS) and some real specialties like polyacetals and polysulfones. This report also includes an introduction to thermoplastic elastomers and some biocompounds—plastics that are made from plants instead of hydrocarbons. It excludes thermosetting resins since they have different chemistries and are usually processed differently.
The plastics compounding market is segmented by each of the above resins and by each of the three plastics compounding groups. Applications and markets by volume in pounds or value in dollars are estimated for the years 2016 and 2017 and a five-year forecast to 2022. Major resin producers, key plastics processors and independent compounders are identified. We discuss the activities, product lines and other information for the major independent compounders.
Our market estimates are based on manufacturers’ total revenues and are mostly for markets for the United States or North America. Other features in this report include the following:
– Review of key plastics additives used in plastics compounding.
– Important information on major fillers/reinforcements.
– Developments in carbon fiber and carbon nanotubes for reinforcement of thermoplastics.
– Advances in natural fiber reinforcements.
– Regulatory and environmental developments shaping compounds, ranging from phthalate plasticizers to halogenated flame retardants.
– Key suppliers of plastics additives and fillers/reinforcements.
– Notes of some recent advances in plastics compounding and machinery.
Report Includes:
– 21 data tables and 16 additional tables
– An overview of the global plastics compounding market
– Analyses of global market trends, with data from 2016 and 2017, and projections of CAGRs through 2022.
– Coverage of the major thermoplastic resins and thermoplastic elastomers (TPEs); resins, including high-density polyethylene (HDPE), low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), polypropylene, polystyrene, and engineering thermoplastics (ETPs): the major representatives being nylons, polycarbonates, polyacetals, PET, and PBT; the report also includes bio compounds, or plastics that are made from plants instead of hydrocarbons.
– Identifications of major resin producers, key plastics processors, and independent compounders, along with activities, product lines, and estimated sales for the major independent compounders.
– Reviews of key plastics additives used in plastics compounding and advances in plastics compounding equipment.
– Information on major fillers/reinforcements.
– Developments in carbon fibre and carbon nanotubes, and advances in natural fibres.
– Company profiles of major key players in the market, including Advanced Composites Inc., Basf Corp., Clariant International Ltd., The Dow Chemical Co., ExxonMobil Chemical Co., Plastics Plus Inc. and Polymer Resources Ltd.
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Table of Contents
Chapter 1 Introduction
Chapter 2 Summary and Trends
Chapter 3 Overview
Chapter 4 Resins
Chapter 5 Biocompounds
Chapter 6 Plastic Additives
Chapter 7 Fillers and Reinforcements
Chapter 8 Masterbatches
Chapter 9 Machinery and Equipment
Chapter 10 Types of Compounders
Chapter 11 Industry Structure
Chapter 12 Company Profiles
A. SCHULMAN INC.
AARON INDUSTRIES CORP.
ACLO COMPOUNDERS
ACTON TECHNOLOGIES INC.
ADDIVANT
ADELL PLASTICS INC.
ADVANCED COMPOSITES INC.
AGC CHEMICALS AMERICAS INC.
AM STABILIZERS CORP.
AMCO POLYMERS
AMERICHEM INC.
AMETEK WESTCHESTER PLASTICS
AMPACET CORP.
AMTOPP DIVISION
ASCEND PERFORMANCE MATERIALS LLC
AXIALL CORP.
BASF CORP.
BAY POLYMER CORP.
BIRCH PLASTICS INC.
CHROMA CORP.
CLARIANT INTERNATIONAL LTD., MASTERBATCHES DIVISION
COLORTECH INC.
COVESTRO
DECEUNINCK NORTH AMERICA LLC
THE DOW CHEMICAL CO.
DSM ENGINEERING PLASTICS INC.
DYNEON LLC
E.I. DUPONT DE NEMOURS AND CO.
EMERALD PERFORMANCE MATERIALS LLC
EMS-CHEMIE (NORTH AMERICA) INC.
EXXONMOBIL CHEMICAL CO.
FERRO CORP.
FOSTER CORP.
HERITAGE PLASTICS INC.
INFINITY LTL ENGINEERED COMPOUNDS
INVISTA
KRATON PERFORMANCE POLYMERS INC.
THE LUBRIZOL CORP.
LYONDELLBASELL ADVANCED POLYOLEFINS
MEXICHEM SPECIALTY COMPOUNDS INC.
MRC POLYMERS INC.
MUEHLSTEIN NORTH AMERICA
NOVA POLYMERS INC.
PENN COLOR INC.
PLASTIC RECYCLING TECHNOLOGY INC.
PLASTICOMP INC.
THE PLASTICS GROUP OF AMERICA
PLASTICS PLUS INC.
POLYFIL CORP.
POLYFUSION LLC
POLYMER RESOURCES LTD.
POLYONE CORP.
POLYRAM U.S.A. AND CANADA
RHEIN CHEMIE ADDITIVES
ROSCOM INC.
RTP COMPANY
SABIC INNOVATIVE PLASTICS/LNP
STANDRIDGE COLOR CORP.
TECHMER PM LLC/TECHMER ES
TECHNICAL POLYMERS LLC
TEKNI-PLEX INC.
TEKNOR APEX CO.
THEMIX PLASTICS INC.
VALTRIS SPECIALTY CHEMICALS
WELLMAN ENGINEERING RESINS
Chapter 13 Appendix: Acronyms
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