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The purging compound market is forecasted to grow by USD 202.72 mn during 2023-2028, accelerating at a CAGR of 5.67% during the forecast period. The report on the purging compound market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for purging compounds from the thermoplastic industry, growing demand for purging compounds as effective removal solutions to control corrosion in the chemical industry, and growing industrialization in emerging markets.
The purging compound market is segmented as below:
By Type
- Mechanical purge
- Chemical purge
- Liquid purge
By Technique
- Injection molding
- Blow molding
- Extrusion
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the purging compound market covers the following areas:
- Purging compound market sizing
- Purging compound market forecast
- Purging compound market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Technique
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global purging compound market: 3M Co., Asahi Kasei Corp., BASF SE, Daicel Corp., Dow Chemical Co., DuPont de Nemours Inc., Flamingo Additives and Colourants LLP, Formosa Plastics Corp., Freudenberg and Co. KG, K. Sakai and Co. Ltd., KURARAY Co. Ltd., Mitsubishi Chemical Group Corp., Neutrex Inc., Novanative Plastix Solutions Pvt. Ltd., Plastic Solutions International LLC, Premix Oy, RapidPurge, Shuman Plastics Inc., Slide Products Inc., and Ultra System SA.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is development of environmentally friendly and bio-based purging compounds.'
According to the report, one of the major drivers for this market is the increasing demand for purging compounds from thermoplastic industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Co.
- Asahi Kasei Corp.
- BASF SE
- Daicel Corp.
- Dow Chemical Co.
- DuPont de Nemours Inc.
- Flamingo Additives and Colourants LLP
- Formosa Plastics Corp.
- Freudenberg and Co. KG
- K. Sakai and Co. Ltd.
- KURARAY Co. Ltd.
- Mitsubishi Chemical Group Corp.
- Neutrex Inc.
- Novanative Plastix Solutions Pvt. Ltd.
- Plastic Solutions International LLC
- Premix Oy
- RapidPurge
- Shuman Plastics Inc.
- Slide Products Inc.
- Ultra System SA