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Global Purging Compound Market by Purging Compound by Type (Mechanical, Chemical/Foaming, and Liquid Purging), Process (Extrusion, Injection Molding, and Blow Molding),Regional Forecasts 2021-2027

  • BIZ4599857
  • 200 Pages
  • July 2021
  • Materials and Chemicals
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Global Purging Compound Market is valued approximately at USD 536.8 million in 2020 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2021-2027. Purging compounds are becoming increasingly important for contemporary thermoplastic processors to maintain their operating efficiency. These cleaning compounds, which comprise of a basic resin as well as additional additives, are used in a variety of polymer processing applications and have been shown to be acceptable for screw and barrel assemblies, extruder die sets, and tooling. Purging chemicals have been shown to be effective at removing carbon buildup in assemblies, reducing machine downtime, and increasing processing efficiency. Furthermore, its use has been proven to be beneficial in reducing scrap rates caused by colour and polymer changes. Purging compound market is driven by increasing demand of purging compound from thermoplastic industry and growing demand as effective removal solutions to control corrosion in chemical industry. Purging compounds have become an essential part of thermoplastics processing in today's highly competitive market. Plastics processors must achieve a high standard in terms of efficiency and cost reduction. Furthermore, rise in technological advancement and increasing private player initiatives boost the market further. For instance –

 Polyone Corporation introduced advanced thermoplastic composite products at CHINAPLAS 2019 in May 2019. Wide-ranging LFT formulations, a thermoplastic composite containing PEEK and PP as a base resin, were introduced to fulfil extremely stringent design and performance requirements.

 In March 2018, Lanxess AG has launched a new facility in Krefeld-Uerdingen, Germany, to produce thermoplastic specialty chemicals. The facility's capacity will be increased by 10,000 metric tons per year as a result of this. It will assist the company in increasing supply for polyamide-based chemicals.

However, volatile prices of purging compounds may impede market growth over the forecast period of 2021-2027.

The Asia-Pacific region is projected to dominate the worldwide market due to growing demand from emerging countries such as China and India. Polymers and thermoplastics are manufactured in abundance in the region. This aspect is a main driver behind the region's growing need for purging chemicals. The Asia-Pacific region is home to the world's major purging compound manufacturers. Calsak Corporation, RapidPurge, 3M, Kuraray Co. Ltd, and Dyna-Purge, among others, are some of the top purging compound manufacturers.

Major market player included in this report are:

Asahi Kasei Chemicals Corporation

DOW Chemical Company

Reedy Chemical Foam & Specialty Additives

E. I. Du Pont De Nemours and Company

ELM Grove Industries, LLC

Calsak Corporation

Slide Products, Inc.

Polyplast Muller GmbH

Formosa Plastics Corporation

Daicel Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Mechanical Purging

Chemical/Foaming Purging

Liquid Purging

By Process:

Extrusion

Injection Molding

Blow Molding

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Purging Compound Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Purging Compound Market, by Region, 2019-2027 (USD Billion)

1.2.2. Purging Compound Market, by Type, 2019-2027 (USD Billion)

1.2.3. Purging Compound Market, by Process, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Purging Compound Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Purging Compound Market Dynamics

3.1. Purging Compound Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increasing demand of purging compound from thermoplastic industry

3.1.1.2. Growing demand of effective removal solutions to control corrosion in chemical industry

3.1.2. Market Restraint

3.1.2.1. Volatile prices of purging compounds

3.1.3. Market Opportunities

3.1.3.1. Compliance of purging compounds with regulations regarding direct use with food products and medicines

Chapter 4. Global Purging Compound Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Purging Compound Market, by Type

5.1. Market Snapshot

5.2. Global Purging Compound Market by Type, Performance - Potential Analysis

5.3. Global Purging Compound Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

5.4. Purging Compound Market , Sub Segment Analysis

5.4.1. Mechanical Purging

5.4.2. Chemical/Foaming Purging

5.4.3. Liquid Purging

Chapter 6. Global Purging Compound Market, by Process

6.1. Market Snapshot

6.2. Global Purging Compound Market by Process, Performance - Potential Analysis

6.3. Global Purging Compound Market Estimates & Forecasts by Process 2018-2027 (USD Billion)

6.4. Purging Compound Market , Sub Segment Analysis

6.4.1. Extrusion

6.4.2. Injection Molding

6.4.3. Blow Molding

Chapter 7. Global Purging Compound Market, Regional Analysis

7.1. Purging Compound Market , Regional Market Snapshot

7.2. North America Purging Compound Market

7.2.1. U.S. Purging Compound Market

7.2.1.1. Type breakdown estimates & forecasts, 2018-2027

7.2.1.2. Process breakdown estimates & forecasts, 2018-2027

7.2.2. Canada Purging Compound Market

7.3. Europe Purging Compound Market Snapshot

7.3.1. U.K. Purging Compound Market

7.3.2. Germany Purging Compound Market

7.3.3. France Purging Compound Market

7.3.4. Spain Purging Compound Market

7.3.5. Italy Purging Compound Market

7.3.6. Rest of Europe Purging Compound Market

7.4. Asia-Pacific Purging Compound Market Snapshot

7.4.1. China Purging Compound Market

7.4.2. India Purging Compound Market

7.4.3. Japan Purging Compound Market

7.4.4. Australia Purging Compound Market

7.4.5. South Korea Purging Compound Market

7.4.6. Rest of Asia Pacific Purging Compound Market

7.5. Latin America Purging Compound Market Snapshot

7.5.1. Brazil Purging Compound Market

7.5.2. Mexico Purging Compound Market

7.6. Rest of The World Purging Compound Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Asahi Kasei Chemicals Corporation

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. DOW Chemical Company

8.2.3. Reedy Chemical Foam & Specialty Additives

8.2.4. E. I. Du Pont De Nemours and Company

8.2.5. ELM Grove Industries, LLC

8.2.6. Calsak Corporation

8.2.7. Slide Products, Inc.

8.2.8. Polyplast Muller GmbH

8.2.9. Formosa Plastics Corporation

8.2.10. Daicel Corporation

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Purging Compound Market, report scope

TABLE 2. Global Purging Compound Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 3. Global Purging Compound Market estimates & forecasts by Type 2018-2027 (USD Billion)

TABLE 4. Global Purging Compound Market estimates & forecasts by Process 2018-2027 (USD Billion)

TABLE 5. Global Purging Compound Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 6. Global Purging Compound Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Purging Compound Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Purging Compound Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Purging Compound Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Purging Compound Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Purging Compound Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Purging Compound Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Purging Compound Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Purging Compound Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Purging Compound Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Purging Compound Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Purging Compound Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Purging Compound Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Purging Compound Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Purging Compound Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. U.S. Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. U.S. Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. U.S. Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. Canada Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. Canada Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Canada Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. UK Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. UK Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. UK Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. Germany Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. Germany Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. Germany Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. France Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. France Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. France Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Spain Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. Spain Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Spain Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Italy Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. Italy Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Italy Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. ROE Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. ROE Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. ROE Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. China Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. China Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. China Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. India Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. India Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. India Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. Japan Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. Japan Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Japan Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Australia Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 55. Australia Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Australia Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. South Korea Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 58. South Korea Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 59. South KoreaPurging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. ROPAC Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 61. ROPAC Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 62. ROPAC Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. Brazil Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 64. Brazil Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 65. Brazil Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. Mexico Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 67. Mexico Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 68. Mexico Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. ROLA Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 70. ROLA Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 71. ROLA Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. ROW Purging Compound Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 73. ROW Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 74. ROW Purging Compound Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. List of secondary sources used in the study of Global Purging Compound Market.

TABLE 76. List of primary sources used in the study of Global Purging Compound Market.

TABLE 77. Years considered for the study.

TABLE 78. Exchange rates considered.

 
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