Global $586.3 Million Purging Compound (Mechanical, Chemical/Foaming, and Liquid Purging) Market 2017-2022 – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Purging
Compound Market by Type (Mechanical, Chemical/Foaming, and Liquid
Purging), Process (Extrusion, Injection Molding, and Blow Molding), and
Region – Global Forecast to 2022” report to their offering.

The Purging Compound Market is Projected to Reach USD 586.3 Million By
2022, at a CAGR of 5.4% from 2017 to 2022

Factors such as increasing use of purging compound in various industries
leads to a reduction in machine downtime, low production cost, and less
raw material wastage are driving this market. However, the high cost of
purging compound is expected to restrain 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.

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 such as 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 Asia-Pacific purging compound market is projected to grow at the
highest CAGR from 2017 to 2022. Rapid industrialization in this region
has contributed to the expansion of various industries, such as
chemicals, petrochemicals, automotive, construction, and food &
beverage, among others. As purging compounds are increasingly utilized
by these industries to reduce machine downtime and improve production
efficiency, the growth of the end-use industries has propelled the
demand for purging compounds in this region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Purging Compound Market, By Type

7 Purging Compound Market, By Process

8 Purging Compound Market, By Region

9 Competitive Landscape

10 Company Profiles

• 3M Company
• Asahi Kasei Chemicals Corporation
• Calsak Corporation
• Chem-Trend
• Clariant Ag
• Claude Bamberger Molding Compounds Corporation
• Daicel Corporation
• Dow Chemical Company
• Dyna-Purge
• E. I. Du Pont De Nemours And Company
• Elm Grove Industries, Llc
• Formosa Plastics Corporation
• Kuraray Co. Ltd.
• Magna Purge
• Polyplast Muller Gmbh
• Purge Right 131
• Purgex
• Rapidpurge
• Rbm Polymers
• Reedy Chemical Foam & Specialty Additives
• Slide Products, Inc.
• Ultra Plast Asia Co., Ltd
• Ultra System Sa
• Velox Ghmbh
• Z Clean

For more information about this report visit https://www.researchandmarkets.com/research/3gd6dt/purging_compound

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Related
Topics: Advanced
Materials