Home / Chemicals / Purging Compounds Market By Type (Mechanical Purging, Chemical/Foaming Purging, Liquid Purging), By Process (Extrusion, Injection Molding, Blow Molding) - Growth, Future Prospects, Competitive Analysis And Forecast 2017 - 2025

Purging Compounds Market By Type (Mechanical Purging, Chemical/Foaming Purging, Liquid Purging), By Process (Extrusion, Injection Molding, Blow Molding) - Growth, Future Prospects, Competitive Analysis And Forecast 2017 - 2025


Published: Nov 2017

The global Purging Compounds market was valued at US$ 430.5 million in 2016. Increasing demand for plastic processing machinery coupled with the benefits offered by the purging compounds such as low material wastage, lower production cost, high efficiency, and reduced machine downtime are few of the major factors that are expected to fuel the demand for the purging compounds market, globally. The Purging Compounds market has been segmented on the basis of type, process, and region.

By type, mechanical purging accounted for approximately 50% share of the global purging compounds market revenue in 2016 and is projected to maintain its dominance throughout the forecast period between 2017 and 2025. Whereas, the chemical purging is anticipated to be the fastest growing segment during the forecast period 2017 to 2025.

By process, extrusion segment accounted for the largest market revenue share in 2016. This share can be attributed to huge demand of purging compound from plastic processing equipment industry. Extrusion is followed by injection molding segment, which holds the second largest share of global purging compound market by process. However, this segment is the fastest growing segment owing to increasing demand from food and automotive industry.

In 2016, the Purging Compounds market by region was dominated by the North America region followed by the Asia-Pacific and Europe. North America purging compound market is mainly driven by the huge demand from the processing plants located in the U.S... U.S. is the largest market accounted for more than 50% share of North America purging compound market. Moreover, the growing demand for plastic processing machinery from processing industries is also driving the demand of purging compounds in the region. Asia Pacific market is expected to witness the fastest growth during the forecasted period, owing to increasing demand from economies such as China, Japan and India. End-use industries such as plastic processing and automotive in Asia-Pacific region is expected to propel the demand of purging compounds in the coming years.

The companies such as Asahi Kasei Corporation (Japan), Daicel Corporation (Japan), Dyna-Purge (U.S.), Clariant AG (Switzerland), VELOX GmbH (Germany), The Dow Chemical Company (U.S.), E. I. Du Pont de Nemours and Company (U.S.), 3M Company (U.S.), and Formosa Plastics Corporation (Taiwan) among others are present in the global purging compounds market.

The report titled “Purging Compounds Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the global purging compounds market along with the market size and estimates for the duration 2017 to 2025. The said research study covers in-depth analysis of multiple market segments based on type, process and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help the strategic decision makers, the report also includes profiles of the leading purging compounds manufacturers, along with their, product portfolio and key developments. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the purging compounds industry
  • Market drivers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global purging compounds market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

For the purpose of this study, the global purging compounds market by type is categorized into:

  • Mechanical Purging
  • Chemical/Foaming Purging
  • Liquid Purging

Mechanical purging compounds accounted for approximately 50% of the purging compounds market in 2016, followed by chemical and liquid purging compounds. Mechanical purging compounds are ideal for eliminating scrap from different mechanical parts such as dies, screws, barrels and so on, as it contains high-viscosity polymers. Mechanical purging compounds is being followed by chemical purging compounds which is the fastest growing sub-segment owing to its features such as high mold ability rate, as scrap generated can often be used to remold parts. Liquid purging compounds are mostly surfactants which plays an important role as cleaning agents.

For the purpose of this study, the global purging compounds market by process is categorized into:

  • Extrusion
  • Injection Molding
  • Blow Molding

In 2016, on the basis of process, the purging compounds market was dominated by extrusion segment accounted for more than 50% of market share in 2016. Extrusion is the widely used process in the plastic processing industry, hence driving the growth of purging compounds in this market. Extrusion is the widely used and most preferred process in the processing industry resulting in the high demand of purging compounds from this segment especially in the Asia-Pacific region. Extrusion process allows the use of purging compounds without opening of machine for cleaning process which results in time saving and increased operation efficiency. Extrusion process is followed by injection molding process, increasing demand of injection molded plastic from various end-use industries such as automotive industry is fuelling the use of extrusion process globally, and hence the demand of purging compounds is increasing in this sector.

On the basis of geography, the global purging compounds market is segmented as per following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Taiwan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa

The global purging compounds market has been segmented geography-wise, wherein a detailed analysis of every country has been conducted in this section. These regions include North America, Asia Pacific, Europe, Latin America and the Middle East & Africa.

The global market for purging compounds is dominated by North America region in terms of value in 2016, followed by Asia Pacific & Europe. Increasing demand from plastic processing equipment industry is expected to drive the market in this region. Asia Pacific is projected to grow at the fastest CAGR between 2017 and 2025 on account of the growing demand for injection molding and extruders from countries, such as China, Japan, and India. Asia-Pacific and North America together accounted for more than 55% of global purging compounds market by region in 2016.

TABLE 1 Market Snapshot: Global Purging Compounds Market Revenue
TABLE 2 North America Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 3 North America Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 4 North America Purging Compounds Market Revenue, by Country, 2015 – 2025 (US$ Mn)
TABLE 5 U.S. Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 6 U.S. Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 7 Canada Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 8 Canada Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 9 Europe Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 10 Europe Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 11 Europe Purging Compounds Market Revenue, by Country, 2015 – 2025 (US$ Mn)
TABLE 12 Germany Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 13 Germany Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 14 U.K. Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 15 U.K. Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 16 France Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 17 France Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 18 Italy Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 19 Italy Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 20 Spain Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 21 Spain Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 22 Russia Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 23 Russia Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 24 Netherlands Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 25 Netherlands Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 26 Rest of Europe Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 27 Rest of Europe Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 28 Asia Pacific Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 29 Asia Pacific Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 30 Asia Pacific Purging Compounds Market Revenue, by Country, 2015 – 2025 (US$ Mn)
TABLE 31 China Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 32 China Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 33 Japan Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 34 Japan Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 35 India Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 36 India Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 37 Australia Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 38 Australia Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 39 South Korea Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 40 South Korea Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 41 Taiwan Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 42 Taiwan Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 43 Rest of Asia Pacific Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 44 Rest of Asia Pacific Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 45 Latin America Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 46 Latin America Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 47 Latin America Purging Compounds Market Revenue, by Country, 2015 – 2025 (US$ Mn)
TABLE 48 Brazil Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 49 Brazil Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 50 Mexico Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 51 Mexico Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 52 Argentina Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 53 Argentina Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 54 Rest of Latin America Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 55 Rest of Latin America Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 56 Middle East and Africa Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 57 Middle East & Africa Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 58 Middle East and Africa Purging Compounds Market Revenue, by Country, 2015 – 2025 (US$ Mn)
TABLE 59 UAE Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 60 UAE Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 61 South Africa Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 62 South Africa Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 63 Saudi Arabia Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 64 Saudi Arabia Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 65 Rest of Middle East & Africa Purging Compounds Market Revenue, by Type, 2015 – 2025 (US$ Mn)
TABLE 66 Rest of Middle East Purging Compounds Market Revenue, by Process, 2015 – 2025 (US$ Mn)
TABLE 67 Asahi Kasei Corporation: Company Snapshot (Business Description; Type Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 68 Dyna-Purge: Company Snapshot (Business Description; Type Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 69 3M Company: Company Snapshot (Business Description; Type Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 70 Clariant AG: Company Snapshot (Business Description; Type Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 71 VELOX GmbH: Company Snapshot (Business Description; Type Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 72 E. I. Du Pont de Nemours and Company: Company Snapshot (Business Description; Type Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 73 Daicel Corporation. (GAHI): Company Snapshot (Business Description; Type Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 74 The Dow Chemical Company: Company Snapshot (Business Description; Type Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 75 Formosa Plastics Corporation: Company Snapshot (Business Description; Type Portfolio; Financial Information; Business Strategies / News Coverage)

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