Report overview
Purging compounds are chemical cleaning compounds that contain certain resins and additives in their formulation. They are widely used with various polyolefins such as thermoplastic olefin (TPO), polypropylene (PP), and polyethylene (PE); high temperature resins such as polysulfones (PSU) and polyether ether ketone (PEEK); and engineered resins such as high impact poly styrene (HIPS) and polyamide (PA). Purging compounds are extensively employed to clean extruder lines and molder machines.
This report aims to provide a comprehensive presentation of the global market for Purging Compounds, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Purging Compounds. This report contains market size and forecasts of Purging Compounds in global, including the following market information:
Global Purging Compounds Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Purging Compounds Market Sales, 2018-2023, 2024-2029, (Tons)
Global top five Purging Compounds companies in 2022 (%)
The global Purging Compounds market was valued at US$ 507.6 million in 2022 and is projected to reach US$ 750.3 million by 2029, at a CAGR of 5.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Purging Compounds industry concentration is not high; there are several hundreds of manufacturers in the world with their leading company's market share standing at slightly over 10% and most others' no more than 1%. The market of Asia-Pacific, North America and Europe will play a decisive role in the future of this industry. Asia-Pacific have a larger consumption market share in 2020 which account for less than 40% of volume share and will witness a stable growth in following years. North America and Europe holding a market value share of around 30% and 25% respectively will still play an important role which cannot be ignored. Mechanical Purging is the dominate type in this industry with a market share of over a half.
We surveyed the Purging Compounds manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Purging Compounds Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Purging Compounds Market Segment Percentages, by Type, 2022 (%)
Mechanical Purging Compounds
Chemical or Foaming Purging Compounds
Liquid Purging Compounds
Global Purging Compounds Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Purging Compounds Market Segment Percentages, by Application, 2022 (%)
Extrusion Process
Injection Molding Process
Blow Molding Process
Global Purging Compounds Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Purging Compounds Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Purging Compounds revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Purging Compounds revenues share in global market, 2022 (%)
Key companies Purging Compounds sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Purging Compounds sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Asahi Kasei
Chem-Trend
Shuman Plastics
Polyplast M?ller
Daicel
PurgeMax
Clariant
Purgex
Rapidpurge
Ultra System
Dow
Uniform Color Company
Saint-Gobain
Outline of Major Chapters:
Chapter 1: Introduces the definition of Purging Compounds, market overview.
Chapter 2: Global Purging Compounds market size in revenue and volume.
Chapter 3: Detailed analysis of Purging Compounds manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Purging Compounds in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Purging Compounds capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
