Press release
Purging Compound Market to exceed 14 kilo tons by 2024.
Removing degraded residues, contaminants, un-melted resins, air bubbles, true gels, un-dispersed additives & modifiers and moisture from machine barrels are key concern supporting product penetration. Stringent government norms including Corporate Average Fuel Economy (CAFE) protocols for automobile manufactures will influence industry growth.
Extrusion process will observe growth over 6.5% up to 2024. Ease of carbon removal and faster color & material changes will propel product demand for this segment. Potential outlook in comprehensive thermoplastics processing including GPPS, PP, PC, PA and ABS will propel industry growth.
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Mechanical purging is anticipated to exceed USD 400 million by 2024. Rising application of high viscosity plastics to eliminate polymer from barrels and screws will support product penetration. Factors such as safety and quality coupled with efficient plastic resin & contamination removal will drive segment demand. Moreover, expansion of manufacturing industries will boost purging compound market growth.
Granules form demand was more than 6 kilo tons in 2016. Increasing necessity to remove unwanted carbon build up from the plastic extrusion machines will drive product demand. It also serves as cost effective method for treating several chemicals present in granule structure of ultra-high purity purges. In addition, the form is widely utilized for producing specialized cleansing materials, thus boosting global purging compound market. Instable raw material costs due to fluctuating crude oil prices may hamper global purging compound market growth.
Automotive accounted for over 20% industry share in 2016. Increasing government regulation to cut down carbon emissions improve vehicles fuel efficiency driving plastics demand for automotive manufacturing. Rising demand for injection molded plastic parts in automotive industry surged plastic processing machinery applications. which is further expected to drive the product demand. Rising application of purging compounds in injection molding machine to reduce carbon build-up & minimize total changeover time will drive segment growth.
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Asia Pacific will witness a CAGR over 7% up to 2024. The regional growth attributed to rapid industrialization of numerous industries including automotive, construction, food & beverages, chemicals and petrochemicals. Increasing product application scope to reduce machine downtime and expand production efficiency in these industries will stimulate global purging compound market.
Global purging compound market share is moderately fragmented with large presence of manufacturers and suppliers. Key industry participants are E. I. Du Pont de Nemours, Chem-Trend LP, Dyna-Purge, VELOX GmbH and Asahi Kasei Corporation. Other prominent players include Dow Chemical, 3M, Purgex, Daicel, Kuraray, RapidPurge, Clariant AG, Formosa Plastics and Magna Purge.
Commercialization and new product launches supported by government funding in several emerging economies including India, China, Thailand, South Korea and Brazil will provide lucrative opportunities for manufacturers.
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Report Content
Chapter 8. Global Purging Compound Market, By Region
8.1. Global purging compound market share by region, 2016 & 2024
8.2. North America
8.2.1. Market estimates and forecast, 2013 – 2024
8.2.2. Market estimates and forecast, by process, 2013 – 2024
8.2.3. Market estimates and forecast, by product, 2013 – 2024
8.2.4. Market estimates and forecast, by form, 2013 – 2024
8.2.5. Market estimates and forecast, by end-use, 2013 – 2024
8.2.6. U.S.
8.2.6.1. Market estimates and forecast, 2013 – 2024
8.2.6.2. Market estimates and forecast, by process, 2013 – 2024
8.2.6.3. Market estimates and forecast, by product, 2013 – 2024
8.2.6.4. Market estimates and forecast, by form, 2013 – 2024
8.2.6.5. Market estimates and forecast, by end-use, 2013 – 2024
8.2.6.6.
8.2.7. Canada
8.2.7.1. Market estimates and forecast, 2013 – 2024
8.2.7.2. Market estimates and forecast, by process, 2013 – 2024
8.2.7.3. Market estimates and forecast, by product, 2013 – 2024
8.2.7.4. Market estimates and forecast, by form, 2013 – 2024
8.2.7.5. Market estimates and forecast, by end-use, 2013 – 2024
8.3. Europe
8.3.1. Market estimates and forecast, 2013 – 2024
8.3.2. Market estimates and forecast, by process, 2013 – 2024
8.3.3. Market estimates and forecast, by product, 2013 – 2024
8.3.4. Market estimates and forecast, by form, 2013 – 2024
8.3.5. Market estimates and forecast, by end-use, 2013 – 2024
8.3.6. Germany
8.3.6.1. Market estimates and forecast, 2013 – 2024
8.3.6.2. Market estimates and forecast, by process, 2013 – 2024
8.3.6.3. Market estimates and forecast, by product, 2013 – 2024
8.3.6.4. Market estimates and forecast, by form, 2013 – 2024
8.3.6.5. Market estimates and forecast, by end-use, 2013 – 2024
8.3.7. UK
8.3.7.1. Market estimates and forecast, 2013 – 2024
8.3.7.2. Market estimates and forecast, by process, 2013 – 2024
8.3.7.3. Market estimates and forecast, by product, 2013 – 2024
8.3.7.4. Market estimates and forecast, by form, 2013 – 2024
8.3.7.5. Market estimates and forecast, by end-use, 2013 – 2024
8.3.8. France
8.3.8.1. Market estimates and forecast, 2013 – 2024
8.3.8.2. Market estimates and forecast, by process, 2013 – 2024
8.3.8.3. Market estimates and forecast, by product, 2013 – 2024
8.3.8.4. Market estimates and forecast, by form, 2013 – 2024
8.3.8.5. Market estimates and forecast, by end-use, 2013 – 2024
8.3.9. Italy
8.3.9.1. Market estimates and forecast, 2013 – 2024
8.3.9.2. Market estimates and forecast, by process, 2013 – 2024
8.3.9.3. Market estimates and forecast, by product, 2013 – 2024
8.3.9.4. Market estimates and forecast, by form, 2013 – 2024
8.3.9.5. Market estimates and forecast, by end-use, 2013 – 2024
8.3.10. Spain
8.3.10.1. Market estimates and forecast, 2013 – 2024
8.3.10.2. Market estimates and forecast, by process, 2013 – 2024
8.3.10.3. Market estimates and forecast, by product, 2013 – 2024
8.3.10.4. Market estimates and forecast, by form, 2013 – 2024
8.3.10.5. Market estimates and forecast, by end-use, 2013 – 2024
8.3.11. Poland
8.3.11.1. Market estimates and forecast, 2013 – 2024
8.3.11.2. Market estimates and forecast, by process, 2013 – 2024
8.3.11.3. Market estimates and forecast, by product, 2013 – 2024
8.3.11.4. Market estimates and forecast, by form, 2013 – 2024
8.3.11.5. Market estimates and forecast, by end-use, 2013 – 2024
8.3.12. Benelux
8.3.12.1. Market estimates and forecast, 2013 – 2024
8.3.12.2. Market estimates and forecast, by process, 2013 – 2024
8.3.12.3. Market estimates and forecast, by product, 2013 – 2024
8.3.12.4. Market estimates and forecast, by form, 2013 – 2024
8.3.12.5. Market estimates and forecast, by end-use, 2013 – 2024
8.4. Asia Pacific
8.4.1. Market estimates and forecast, 2013 – 2024
8.4.2. Market estimates and forecast, by process, 2013 – 2024
8.4.3. Market estimates and forecast, by product, 2013 – 2024
8.4.4. Market estimates and forecast, by form, 2013 – 2024
8.4.5. Market estimates and forecast, by end-use, 2013 – 2024
8.4.6. China
8.4.6.1. Market estimates and forecast, 2013 – 2024
8.4.6.2. Market estimates and forecast, by process, 2013 – 2024
8.4.6.3. Market estimates and forecast, by product, 2013 – 2024
8.4.6.4. Market estimates and forecast, by form, 2013 – 2024
8.4.6.5. Market estimates and forecast, by end-use, 2013 – 2024
8.4.7. India
8.4.7.1. Market estimates and forecast, 2013 – 2024
8.4.7.2. Market estimates and forecast, by process, 2013 – 2024
8.4.7.3. Market estimates and forecast, by product, 2013 – 2024
8.4.7.4. Market estimates and forecast, by form, 2013 – 2024
8.4.7.5. Market estimates and forecast, by end-use, 2013 – 2024
8.4.8. Japan
8.4.8.1. Market estimates and forecast, 2013 – 2024
8.4.8.2. Market estimates and forecast, by process, 2013 – 2024
8.4.8.3. Market estimates and forecast, by product, 2013 – 2024
8.4.8.4. Market estimates and forecast, by form, 2013 – 2024
8.4.8.5. Market estimates and forecast, by end-use, 2013 – 2024
8.4.9. South Korea
8.4.9.1. Market estimates and forecast, 2013 – 2024
8.4.9.2. Market estimates and forecast, by process, 2013 – 2024
8.4.9.3. Market estimates and forecast, by product, 2013 – 2024
8.4.9.4. Market estimates and forecast, by form, 2013 – 2024
8.4.9.5. Market estimates and forecast, by end-use, 2013 – 2024
8.4.10. Thailand
8.4.10.1. Market estimates and forecast, 2013 – 2024
8.4.10.2. Market estimates and forecast, by process, 2013 – 2024
8.4.10.3. Market estimates and forecast, by product, 2013 – 2024
8.4.10.4. Market estimates and forecast, by form, 2013 – 2024
8.4.10.5. Market estimates and forecast, by end-use, 2013 – 2024
8.5. Latin America
8.5.1. Market estimates and forecast, 2013 – 2024
8.5.2. Market estimates and forecast, by process, 2013 – 2024
8.5.3. Market estimates and forecast, by product, 2013 – 2024
8.5.4. Market estimates and forecast, by form, 2013 – 2024
8.5.5. Market estimates and forecast, by end-use, 2013 – 2024
8.5.6. Brazil
8.5.6.1. Market estimates and forecast, 2013 – 2024
8.5.6.2. Market estimates and forecast, by process, 2013 – 2024
8.5.6.3. Market estimates and forecast, by product, 2013 – 2024
8.5.6.4. Market estimates and forecast, by form, 2013 – 2024
8.5.6.5. Market estimates and forecast, by end-use, 2013 – 2024
8.5.7. Mexico
8.5.7.1. Market estimates and forecast, 2013 – 2024
8.5.7.2. Market estimates and forecast, by process, 2013 – 2024
8.5.7.3. Market estimates and forecast, by product, 2013 – 2024
8.5.7.4. Market estimates and forecast, by form, 2013 – 2024
8.5.7.5. Market estimates and forecast, by end-use, 2013 – 2024
8.5.8. Argentina
8.5.8.1. Market estimates and forecast, 2013 – 2024
8.5.8.2. Market estimates and forecast, by process, 2013 – 2024
8.5.8.3. Market estimates and forecast, by product, 2013 – 2024
8.5.8.4. Market estimates and forecast, by form, 2013 – 2024
8.5.8.5. Market estimates and forecast, by end-use, 2013 – 2024
8.6. Middle East & Africa (MEA)
8.6.1. Market estimates and forecast, 2013 – 2024
8.6.2. Market estimates and forecast, by process, 2013 – 2024
8.6.3. Market estimates and forecast, by product, 2013 – 2024
8.6.4. Market estimates and forecast, by form, 2013 – 2024
8.6.5. Market estimates and forecast, by end-use, 2013 – 2024
8.6.6. Saudi Arabia
8.6.6.1. Market estimates and forecast, 2013 – 2024
8.6.6.2. Market estimates and forecast, by process, 2013 – 2024
8.6.6.3. Market estimates and forecast, by product, 2013 – 2024
8.6.6.4. Market estimates and forecast, by form, 2013 – 2024
8.6.6.5. Market estimates and forecast, by end-use, 2013 – 2024
8.6.7. UAE
8.6.7.1. Market estimates and forecast, 2013 – 2024
8.6.7.2. Market estimates and forecast, by process, 2013 – 2024
8.6.7.3. Market estimates and forecast, by product, 2013 – 2024
8.6.7.4. Market estimates and forecast, by form, 2013 – 2024
8.6.7.5. Market estimates and forecast, by end-use, 2013 – 2024
8.6.8. Kuwait
8.6.8.1. Market estimates and forecast, 2013 – 2024
8.6.8.2. Market estimates and forecast, by process, 2013 – 2024
8.6.8.3. Market estimates and forecast, by product, 2013 – 2024
8.6.8.4. Market estimates and forecast, by form, 2013 – 2024
8.6.8.5. Market estimates and forecast, by end-use, 2013 – 2024
8.6.9. Oman
8.6.9.1. Market estimates and forecast, 2013 – 2024
8.6.9.2. Market estimates and forecast, by process, 2013 – 2024
8.6.9.3. Market estimates and forecast, by product, 2013 – 2024
8.6.9.4. Market estimates and forecast, by form, 2013 – 2024
8.6.9.5. Market estimates and forecast, by end-use, 2013 – 2024
8.6.10. South Africa
8.6.10.1. Market estimates and forecast, 2013 – 2024
8.6.10.2. Market estimates and forecast, by process, 2013 – 2024
8.6.10.3. Market estimates and forecast, by product, 2013 – 2024
8.6.10.4. Market estimates and forecast, by form, 2013 – 2024
8.6.10.5. Market estimates and forecast, by end-use, 2013 – 2024
Chapter 9. Company Profiles
9.1. Asahi Kasei Corporation
9.1.1. Business overview
9.1.2. Financial data
9.1.3. Product landscape
9.1.4. Strategic outlook
9.1.5. SWOT analysis
9.2. VELOX GmbH
9.2.1. Business overview
9.2.2. Financial data
9.2.3. Product landscape
9.2.4. Strategic outlook
9.2.5. SWOT analysis
9.3. Dyna-Purge
9.3.1. Business overview
9.3.2. Financial data
9.3.3. Product landscape
9.3.4. Strategic outlook
9.3.5. SWOT analysis
9.4. Chem-Trend LP
9.4.1. Business overview
9.4.2. Financial data
9.4.3. Product landscape
9.4.4. Strategic outlook
9.4.5. SWOT analysis
9.5. E. I. Du Pont de Nemours
9.5.1. Business overview
9.5.2. Financial data
9.5.3. Product landscape
9.5.4. Strategic outlook
9.5.5. SWOT analysis
9.6. 3M
9.6.1. Business overview
9.6.2. Financial data
9.6.3. Product landscape
9.6.4. Strategic outlook
9.6.5. SWOT analysis
9.7. Purgex
9.7.1. Business overview
9.7.2. Financial data
9.7.3. Product landscape
9.7.4. Strategic outlook
9.7.5. SWOT analysis
9.8. Magna Purge
9.8.1. Business overview
9.8.2. Financial data
9.8.3. Product landscape
9.8.4. Strategic outlook
9.8.5. SWOT analysis
9.9. RapidPurge
9.9.1. Business overview
9.9.2. Financial data
9.9.3. Product landscape
9.9.4. Strategic outlook
9.9.5. SWOT analysis
9.10. Reedy Chemical Foam & Specialty Additives
9.10.1. Business overview
9.10.2. Financial data
9.10.3. Product landscape
9.10.4. Strategic outlook
9.10.5. SWOT analysis
9.11. CALSAK Corporation
9.11.1. Business overview
9.11.2. Financial data
9.11.3. Product landscape
9.11.4. Strategic outlook
9.11.5. SWOT analysis
9.12. Formosa Plastics Corporation
9.12.1. Business overview
9.12.2. Financial data
9.12.3. Product landscape
9.12.4. Strategic outlook
9.12.5. SWOT analysis
9.13. The Dow Chemical Company
9.13.1. Business overview
9.13.2. Financial data
9.13.3. Product landscape
9.13.4. Strategic outlook
9.13.5. SWOT analysis
9.14. Daicel Corporation
9.14.1. Business overview
9.14.2. Financial data
9.14.3. Product landscape
9.14.4. Strategic outlook
9.14.5. SWOT analysis
9.15. Kuraray
9.15.1. Business overview
9.15.2. Financial data
9.15.3. Product landscape
9.15.4. Strategic outlook
9.15.5. SWOT analysis
9.16. Clariant AG
9.16.1. Business overview
9.16.2. Financial data
9.16.3. Product landscape
9.16.4. Strategic outlook
9.16.5. SWOT analysis
9.17. Ultra System SA
9.17.1. Business overview
9.17.2. Financial data
9.17.3. Product landscape
9.17.4. Strategic outlook
9.17.5. SWOT analysis
9.18. Polyplast Muller GmbH
9.18.1. Business overview
9.18.2. Financial data
9.18.3. Product landscape
9.18.4. Strategic outlook
9.18.5. SWOT analysis
9.19. Slide Products
9.19.1. Business overview
9.19.2. Financial data
9.19.3. Product landscape
9.19.4. Strategic outlook
9.19.5. SWOT analysis
Browse full Table of Content @ https://www.gminsights.com/toc/detail/purging-compound-market
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