Charts & StatsSep 2, 2026

Global Plastic Compounding market [2015-2023] Asia Pacific by Application

By Application, the market is segmented into Automotive, Electrical & Electronics, Building & Construction, Packaging, Consumer Goods, Industrial Machinery, Medical Devices, Optical Media, and Others (2015-2023)

Author: Wantstats Research TeamSource: Wantstats Repository

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Global Plastic Compounding market [2015-2023] Asia Pacific by Application — full underlying data
Label	Automotive	Electrical & Electronics	Building & Construction	Packaging	Consumer Goods	Industrial Machinery	Medical Devices	Optical Media	Others
2015	54957.10 USD Mn	40383.39 USD Mn	34263.41 USD Mn	44094.98 USD Mn	14485.60 USD Mn	10359.98 USD Mn	3184.88 USD Mn	2521.12 USD Mn	25472.60 USD Mn
2016	58896.59 USD Mn	42415.24 USD Mn	35871.17 USD Mn	46050.83 USD Mn	15269.49 USD Mn	10906.78 USD Mn	3393.22 USD Mn	2666.10 USD Mn	26903.38 USD Mn
2017	63122.20 USD Mn	44568.80 USD Mn	37570.81 USD Mn	48114.48 USD Mn	16102.83 USD Mn	11487.45 USD Mn	3616.77 USD Mn	2820.65 USD Mn	28426.96 USD Mn
2018	67770.54 USD Mn	46931.55 USD Mn	39434.87 USD Mn	50377.77 USD Mn	17017.86 USD Mn	12124.84 USD Mn	3863.26 USD Mn	2990.52 USD Mn	30100.86 USD Mn
2019	72877.18 USD Mn	49515.65 USD Mn	41471.91 USD Mn	52850.10 USD Mn	18019.87 USD Mn	12822.47 USD Mn	4134.59 USD Mn	3176.78 USD Mn	31935.30 USD Mn
2020	78410.41 USD Mn	52287.53 USD Mn	43652.14 USD Mn	55492.04 USD Mn	19097.48 USD Mn	13572.06 USD Mn	4428.81 USD Mn	3377.58 USD Mn	33911.04 USD Mn
2021	84708.37 USD Mn	55458.12 USD Mn	46149.67 USD Mn	58523.05 USD Mn	20328.81 USD Mn	14428.83 USD Mn	4764.90 USD Mn	3606.92 USD Mn	36167.85 USD Mn
2022	91497.64 USD Mn	58830.04 USD Mn	48797.61 USD Mn	61729.14 USD Mn	21642.87 USD Mn	15342.05 USD Mn	5127.29 USD Mn	3852.42 USD Mn	38580.80 USD Mn
2023	98816.44 USD Mn	62416.61 USD Mn	51605.45 USD Mn	65120.92 USD Mn	23045.42 USD Mn	16315.58 USD Mn	5518.09 USD Mn	4115.27 USD Mn	41161.09 USD Mn

Data Source: Wantstats Repository

Market Dynamics

automotive segment accounted for the largest market share in 2016, this market is expected to reach USD 98816.44 Million in 2023 from USD 58896.59 Million in 2016. This market is projected to grow at a CAGR of 7.76% during the forecast period from 2017 - 2023.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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