The Market Reports

Synopsis
The global market for Powder Slush Compound was estimated to be worth US$ 201 million in 2024 and is forecast to a readjusted size of US$ 334 million by 2031 with a CAGR of 7.4% during the forecast period 2025-2031.

Slush molding is a technology in which powdered materials are heated, rotated, and molded. In this process, the powdered materials evenly cover the inner walls of the mold, and after heating, rotation, and cooling, a plastic part with uniform thickness and strong structure is formed. Powder slush compound generally refers to the powdered materials used in the slush molding process in the production of automotive parts. The powder is usually a polymer or plastic material, which is widely used in the production of automotive interior and exterior trim parts.

With the rapid development of the automobile industry, the requirements for materials in automobile manufacturing are increasing day by day. Powder Slush Compound is widely used in the automobile industry due to its excellent properties, such as high temperature resistance, corrosion resistance, wear resistance, and environmental protection. With the growth of the global automobile market, especially in the context of increasingly stringent environmental regulations and consumers' increasing requirements for automobile quality, the market demand for Powder Slush Compound is also expanding.

North America is one of the important markets for the global automotive industry, especially the United States and Canada, which have a mature automobile manufacturing system and strong demand.
The global key companies of Powder Slush Compound include Westlake, Mitsubishi Chemical, Zeon, Hanwha, BASF and Tatsuta Chemical, etc. In 2023, the global five largest players hold a share approximately 80 % in terms of revenue.

With the continuous advancement of Powder Slush Compound technology and the continuous advancement of environmental regulations, market competition is becoming increasingly fierce. Enterprises must not only maintain their leading position in product quality, innovation and environmental protection, but also continuously improve their competitiveness in supply chain management, cost control and customer service.

This report aims to provide a comprehensive presentation of the global market for Powder Slush Compound, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Powder Slush Compound by region & country, by Type, and by Application.
The Powder Slush Compound market size, estimations, and forecasts are provided in terms of sales volume (Ton) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Powder Slush Compound.

Market Segmentation
By Company

• Westlake
• Hanwha
• Tatsuta Chemical
• Zeon Kasei
• Mitsubishi Chemical Group
• DANQUINSA
• BASF

Segment by Type

• PVC Based
• TPU Based

Segment by Application

• Instrument Panel
• Door Trim
• Seat Cover
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.