Plastic Compounding Market Outlook, Company Profiles, Key Strategic Moves and Developments, Operating Business Segments 2026
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Plastic Compounding Market is Supported by Automotive
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ALBANY, N.Y., Feb. 16, 2021 /PRNewswire/ Plastic compounding consists essentially of the use of additives, fillers, and reinforcers to the base resin to modify the characteristics of the base materials. Interesting mix of properties of plastics have emerged in the plastic compounding market in relation to mechanical, chemical, electrical, and aesthetic properties. For instance, carbon black, graphite, metallic fibres, and carbon fibres are used to fabricate high-end plastics characterized by high thermal and electrically conductivity. Likewise, additives are used to make plastics light-weight so that they meet the functional requirement of automotive manufacturers.
Over the years, the processes used in the plastic compounding market have been focusing toward the concept of environmental friendliness, such as being less resource-intensive. Businesses in the automotive, electrical and electronics, industrial, consumer goods, and medical have b