1. Market Research
  2. > Manufacturing Market Trends
Purging Compound Market by Type, Process And Region - Global Forecast to 2022

Purging Compound Market: Global Forecast until 2022

  • June 2017
  • 143 pages
  • ID: 4970263
In this report:
The extrusion process segment is anticipated to lead the global purging compound market, and is expected to grow from USD ##.## million in 2017 to USD ##.## million by 2022, recording a CAGR of ##.##% during the forecast period.
In 2016, the mechanical purging segment in North America held the largest share of ##.##% of the global purging compound market, mainly due to the large base of plastic processing plants in this region, and it is expected to record a CAGR of ##.##% between 2017 and 2022.

Summary

Table of Contents

Search Inside

Purging Compound market is estimated to rise at a compound annual growth rate of 5.40 percent

The purging compound market is estimated to grow USD 586.3 Million by 2022, at a compound annual growth rate of 5.40 percent between 2017 and 2022. Elements such as growing use of purging compound in different industries leads to a reduction in machine downtime, low production cost, and less raw material wastage are driving this industry. Nevertheless, the high cost of purging compound is anticipated to restrain the purging compound market.

Chemical/foaming purging segment to register the more important increase in the purging compound market

Chemical/foaming is one of the most common purging compounds which is used in plastic processing equipment. Chemical purging compounds are most preferred due to their high moldability rate, as scrap generated can often be used to remold parts.

Injection molding segment to register the more considerable rise in the purging compound market

Purging compound is widely used in injection molding, as it is one of the most significant processes used for the production of plastic parts in bulk quantities. The use of injection molding accelerates production processes and ensures high precision in the development of engineering components. A wide range of thermoplastics including ABS, PA, PC, PP, and GPPS, among others, can be processed by injection molding. Typical products produced by injection molding are automotive dashboards, electrical switches, television cabinets, battery casing, telephone headsets, drug inhalation units, syringes, bottles, and disposable razors, among others

The purging compound market in the Asia Pacific (APAC) area is expected to rise at the highest CAGR (Compound annual growth rate) during the outlook period

The Asia-Pacific purging compound market is expected to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022. Quick industrialization in this zone has contributed to the expansion of different sectors, including chemicals, petrochemicals, automotive, construction, and food & beverage, among others. As purging compounds are increasingly utilized by these markets to minimize machine downtime and improve production efficiency, the increase of the end-use sectors has propelled the industry demand for purging compounds in this area.

BREAKDOWN OF PROFILE OF PRIMARY PARTICIPANTS:

• By Company category: Tier 1 - 19 %, Tier 2 - 45.0 percent, and Tier 3 - 36.0 percent

• By Description: C-suite - 20.0 percent, D-level - 48.0 percent, and Others - 32.0 percent

• By Area: North America (NA) - 24.0 percent, Europe (EU) - 18.0 percent, APAC - 47.0 percent, South America region - 8.0 percent, and Middle East region & African continent - 3.0 percent

Main firms decribed in this market report contain Asahi Kasei Corporation, Chem-Trend, Purgex, Dyna-Purge, 3M Company (NYSE:MMM), Clariant (CLN), VELOX GmbH, E. I. Du Pont de Nemours and Organization, Kuraray Co., Limited, Daicel Corporation, Dow Chemical (NYSE:DOW), Formosa Plastics Corporation, CALSAK Corporation, Reedy Chemical Foam & Specialty Additives, Magna Purge, and RapidPurge

Segment Research

This business report affords an overview of the market trends, drivers, and barriers with respect to the purging compound market. It also offers a exhaustive overview of the market across five regions, that is, Asia-Pac, North America continent, EU, Middle East area & African continent, and South America area. The analysis classifies the purging compound market based on type, process, and area. An in-depth study of the leading actors, together with the top increase strategies approved by them is also covered in the market research.

Why Purchasing This Study Can Help You:

This industry report includes the following main aspects:

• The market size by 2022, and the increase rate between 2017 and 2022

• The top market trends

• The factors projected to drive the increase of the market

• The barriers that impact industry growth

• The main actors in this sector

• The overall purging compound market report includes key regions, like North America, Europe (EU), Asia Pacific (APAC), Middle East (ME) & African continent, and South America region.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Injection Molding Machine Market by Product Type, Machine Type, End-Use Industry, Clamping Force - Global Forecast to 2023

Injection Molding Machine Market: Global Forecast until 2023

  • $ 5649
  • Industry report
  • July 2018
  • by MarketsandMarkets

Rising demand for injection-molded parts from end-use industries is expected to drive the injection molding machine market.The injection molding machine market is estimated to be USD 17.08 billion in 2018 ...

Injection Molding: Global Markets and Technologies Through 2023

Injection Molding: Global Markets and Technologies Through 2023

  • $ 5500
  • Industry report
  • July 2018
  • by BCC Research

Report ScopeThe scope of this market study includes the leading plastics injection molding technologies that are currently in use globally.These technologies are used for several applications, such as ...

2018 Future of Global Injection Molded Plastics Market to 2025- Growth Opportunities, Competition, Trends and Outlook of Injection Molded Plastics Across Applications and Regions Report

2018 Future of Global Injection Molded Plastics Market to 2025- Growth Opportunities, Competition, Trends and Outlook of Injection Molded Plastics Across Applications and Regions Report

  • $ 4580
  • Industry report
  • September 2018
  • by OGAnalysis

The global demand for Injection Molded Plastics is forecast to report strong growth driven by consumption in major emerging markets.More growth opportunities will turn up between 2018 and 2025 as compared ...


ref:plp2017

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on