Purging Compound Market - Expected to Reach $707 Million by 2025 - Research and Markets
The "Purging Compound Market Analysis By Type (Mechanical, Chemical, Liquid), By Process (Extrusion, Injection Molding, Blow Molding), By Region, And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global purging compound market is expected to reach USD 707.9 million by 2025, according to a new report. The growing plastic processing machinery industry in Asia Pacific is anticipated to be a major driving force triggering market growth.
Injection molding segment has been observing noteworthy growth in the purging compound industry. The growing demand for the mass production of various injection molded parts from end-use industries such as automotive is likely to have a positive impact on the demand for purging products in the industry.
Fluctuating raw material prices are predicted to be the major restraints during the forecast period due to volatility associated with world oil price and production. In addition, the high prices of purging compound are expected to restrain the market growth.
Companies have been adopting various strategies including expansions, acquisitions, mergers, agreements, and joint ventures. For instance, in September 2017, the Dow Chemical and DuPont merged to form Dow DuPont in order to enhance their product offerings and solutions.
Companies Mentioned
- Formosa Plastics Corporation
- Dow Chemical
- 3M Company
- DuPont
- Sun Plastech, Inc
- Velox GmbH
- Shuman Plastics, Inc.
- Neutrex, Inc.
- Chem-Trend L.P.
- Daicel Corporation
- World Class Technologies LLC
- Plastic Solutions International LLC
- RapidPurge
- Slide Products, Inc.
- Calsak Corporation
Key Topics Covered:
Chapter 1 Methodology And Scope
Chapter 2 Executive Summary
Chapter 3 Purging Compound Market Variables, Trends & Scope
Chapter 4 Purging Compound Market: Type Estimates & Trend Analysis
Chapter 5 Purging Compound Market: Process Estimates & Trend Analysis
Chapter 6 Purging Compound Market: Regional Estimates & Trend Analysis
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/crxl5l/purging_compound
View source version on businesswire.com: http://www.businesswire.com/news/home/20171227005439/en/