Europe Plastic Compounding market

germany accounted for the largest market share in 2016 in the europe plastic compounding market, and is expected to reach usd 43240.10 million in 2023 from usd 27164.90 million in 2016.this market is projected to grow at a cagr of 6.95% during the forecast period from 2017 - 2023. automotive segment accounted for the largest market share in 2016, this market is expected to reach usd 38253.22 million in 2023 from usd 25694.32 million in 2016. this market is projected to grow at a cagr of 5.95% during the forecast period from 2017 - 2023. however, medical devices segment is the fastest growing market, which is expected to grow at a cagr of 6.69% during the forecast period 2017 - 2023. polypropylene segment accounted for the largest market share in 2016, this market is expected to reach usd 44217.42 million in 2023 from usd 32935.50 million in 2016. this market is projected to grow at a cagr of 4.37% during the forecast period from 2017 - 2023. however, polyethylene terephthalate segment is the fastest growing market, which is expected to grow at a cagr of 7.57% during the forecast period 2017 - 2023.