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Purging Compound Market Worth 586.3 Million USD by 2022


News provided by

MarketsandMarkets

26 Jun, 2017, 13:30 GMT

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PUNE, India, June 26, 2017 /PRNewswire/ --

The report "Purging Compound Market by Type (Mechanical, Chemical/Foaming, and Liquid Purging), Process (Extrusion, Injection Molding, and Blow Molding), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is projected to reach USD 586.3 Million by 2022, at a CAGR of 5.4% from 2017 to 2022.

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Browse 87 market data Tables and 42 Figures spread through 141 Pages and in-depth TOC on "Purging Compound Market"

http://www.marketsandmarkets.com/Market-Reports/purging-compound-market-164502510.html
Early buyers will receive 10% customization on this report.

The ability of purging compounds to reduce downtime of machines, lower their cleaning costs, and reduce wastage of raw materials is expected to fuel the growth of the purging compound market during the forecast period.

Request for Sample PDF of Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=164502510

The mechanical purging segment estimated to lead the purging compound market in 2017 

By type, the mechanical purging segment is estimated to account for a major share of the purging compound market in 2017. This share is mainly attributed to the large base of plastic processing plants in the North American region. Also, mechanical purging compounds are safe to use and highly effective in the removal of polymer residue by using abrasives or high viscosity plastics to mechanically scrub the contaminants from barrels and screws.

The extrusion process segment expected to lead the purging compound market by 2022 

By process, the extrusion segment is estimated to account for a major share of the purging compound market in 2017. In the extrusion process, there is a high demand for purging compound due to the benefits associated with it, such as faster color and material changes, and easy removal of carbon.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=164502510

The North American region is expected to lead the global purging compound market during the forecast period 

By region, North America is estimated to account for the largest share of the global Purging Compound Market in 2017, and the U.S. is estimated to account for the largest market share in 2017. This share is mainly attributed to the large base of plastic processing plants in the North American region. Also, the high demand for plastics processing machinery is anticipated to drive the growth of the purging compound market in North America.

Asahi Kasei Corporation (Japan), Chem-Trend (China), Purgex (U.S.), Dyna-Purge (U.S.), 3M Company (U.S.), Clariant AG (Switzerland), VELOX GmbH (Germany), E. I. Du Pont de Nemours and Company (U.S.), Kuraray Co., Ltd. (Japan), Daicel Corporation (Japan), The Dow Chemical Company (U.S.), Formosa Plastics Corporation (Taiwan), CALSAK Corporation (U.S.), Reedy Chemical Foam & Specialty Additives (U.S.), Magna Purge (U.S.), and RapidPurge (U.S.) are some of the key players in the global purging compound market.

Browse Related Reports: 

Extruded Plastics Market by Type (LDPE, HDPE, Polypropylene, Polystyrene, PVC), End User (Packaging, Building & Construction, Automotive, Consumer Goods, Electrical & Electronics), Region - Global Forecasts to 2026
http://www.marketsandmarkets.com/Market-Reports/extruded-plastic-market-44575577.html

Injection Molding Machine Market by Product Type (Plastic, Rubber, Metal, and Ceramic), Machine Type (Hydraulic, All-Electric, and Hybrid) and End-Use Industry (Automotive, Consumer Goods, Packaging, Healthcare & Electrical and Electronics) - Global Trends & Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/injection-molding-machine-market-14623149.html

Subscribe Reports from Chemicals & Materials Domain http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

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MarketsandMarkets™
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Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical

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