The latest market report published by Credence Research, Inc. “Purging compounds Market, By type (Mechanical Purging, Chemical/Foaming Purging, Liquid Purging), By Process (Extrusion, Injection Molding, Blow Molding) and By Region (North America, Europe, Asia Pacific, Latin America, & Middle East & Africa) - Growth, Future Prospects and Competitive Analysis, 2017 - 2025,” the global purging compounds market was valued at US$ 430.5 Mn in 2016, and is projected to witness the decent growth between 2017 and 2025.
Browse the full Purging compounds market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/purging-compounds-market
Market Insights
Purging compounds are gaining traction mainly due to increasing demand from modern thermoplastic processors for maintaining operational efficiency. Purging compounds find variety of application in polymer processing and are suitable for screw and barrel assemblies, extruder die sets, and tooling. It is also useful in removing carbon in assemblies, reducing machine down-time, and improving the operational efficiency. Moreover, it also decreases the scrap rate caused by color and polymer changes. Aforementioned benefits of purging compounds helps in enhancing process and production efficiencies, and optimizing manufacturing processes in order to maximize profit and minimize the overall production cost.
Competitive Insights
Purging compound market is highly competitive in nature with the presence of a large number of producers and distributors operating across the world.
Few major players operating in the market are 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. Various growth strategies adopted by these players to strengthen their position in the market includes mergers & acquisitions, new product launches, joint ventures, innovation, and technological advancements partnerships. For instance, recently the two chemical giants the Dow chemical company and DuPont merged together to form Dow Dupont in order to widen their expertise and also the product portfolio.
Key Trends
- Emerging application in food and pharmaceutical industries
- Growing plastic processing industry is triggering the market growth
Table of Content
- Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Top Down & Bottom Up Approach
1.3.5. Assumptions
1.4. Market Segmentation - Executive Summary
2.1. Market Snapshot
2.2. Global Purging Compounds Market, by Type, 2016
2.3. Global Purging Compounds Market, by Process, 2016
2.4. Global Purging Compounds Market, by Region, 2016
2.5. Global Purging Compounds Market: Premium Insight
2.5.1. Attractive Market Opportunities in the Purging Compounds Market
2.5.2. Global Purging Compounds Market: Process Analysis
2.5.3. Global Purging Compounds Market: Asia Pacific Market Analysis
2.5.4. Global Purging Compounds Market: Regional Life Cycle Analysis - Global Purging Compounds Market: Market Dynamics
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Future Prospects
3.3. Attractive Investment Proposition, by Geography
3.4. Porter’s Analysis
3.4.1. Supplier Power
3.4.2. Buyer Power
3.4.3. Threat of Substitutes
3.4.4. Threat of New Entrants
3.4.5. Industry Rivalry
3.5. Value Chain Analysis- Purging Compound Analysis
Browse the full Purging compounds market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/purging-compounds-market
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Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph.: 1-800-361-8290
Website: http://www.credenceresearch.com
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