Global and China Purging Compounds Market Insights, Forecast to 2027

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.
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.

Market Analysis and Insights: Global and China Purging Compounds Market
This report focuses on global and China Purging Compounds market.
In 2020, the global Purging Compounds market size was US$ 466.2 million and it is expected to reach US$ 699.8 million by the end of 2027, with a CAGR of 6.0% during 2021-2027. In China the Purging Compounds market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Purging Compounds Scope and Market Size
Purging Compounds market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Purging Compounds market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Purging Compounds market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Mechanical Purging Compounds
Chemical or Foaming Purging Compounds
Liquid Purging Compounds

Segment by Application
Extrusion Process
Injection Molding Process
Blow Molding Process

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Asahi Kasei
Chem-Trend
Shuman Plastics
Polyplast Müller
Daicel
PurgeMax
Clariant
Purgex
Rapidpurge
Ultra System
Dow
Uniform Color Company
Saint-Gobain