PURGING COMPOUND MARKET ANALYSIS

Purging Compound Market - by Product Type (Chemical or Foam Purging, Liquid Purging and Mechanical Purging), and by Process (Blow Molding, Injection Molding, Extrusion, and Others) – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Nov 2024
Code : CMI1472
Formats :
Excel and PDF
Industry : Polymers and Resins

Purging Compound MarketSize and Trends

Market Trends

Mechanical purging compound segment accounted for the dominant share in 2016, in the market, owing to advantages such as effectiveness in removing impurities as compared to that of an unfilled polymer. The mechanical purging compound works by scrubbing the machine clean by means of abrasive material.

On the basis of process, the extrusion segment was the dominant segment in the market in 2017, and is expected to retain its dominance throughout the forecast period. Favorable compounding, efficient melting, high productivity, and cost effectiveness are some of the advantages of this process and are factors expected to drive growth of this segment. Extrusion process is commonly used in manufacturing of products such as tubes, sheets, films, filaments, cords, coat wires, cables, and rods. Furthermore, opening of extrusion process machine is not required for using purging compounds thereby, saving time and increasing efficiency.