The latest market report published by Credence Research, Inc. “Purging compounds Market was valued at US$ 430.5 Mn in 2016, and is projected to witness the decent growth between 2017 and 2025.
Credence Research, the leading business intelligence provider, has published its latest research, “Purging Compounds Market 2025″, which gives insights into Purging Compounds in the Global market. The report determines the market size for 2018, along with forecasts until 2025. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.
Purging compounds are gaining traction mainly due to increasing demand from modern thermoplastic processors for maintaining operational efficiency. Purging compounds find variety of application in polymer processing and are suitable for screw and barrel assemblies, extruder die sets, and tooling. It is also useful in removing carbon in assemblies, reducing machine down-time, and improving the operational efficiency. Moreover, it also decreases the scrap rate caused by color and polymer changes. Aforementioned benefits of purging compounds helps in enhancing process and production efficiencies, and optimizing manufacturing processes in order to maximize profit and minimize the overall production cost.
Purging compound market is highly competitive in nature with the presence of a large number of producers and distributors operating across the world.
Few major players operating in the market are Asahi Kasei Corporation (Japan), Daicel Corporation (Japan), Dyna-Purge (U.S.), Clariant AG (Switzerland), VELOX GmbH (Germany), The Dow Chemical Company (U.S.), E. I. Du Pont de Nemours and Company (U.S.), 3M Company (U.S.), and Formosa Plastics Corporation (Taiwan) among others.
[Browse full report: “Purging Compounds Market Size”]
- The report presents the brief overview of Purging Compounds Market including business description, key information and facts, and its locations and subsidiaries
- The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
- Special feature on out-licensed and partnered product portfolio
- The report summarizes all the dormant and discontinued projects
- Latest company statement
- Latest news and deals relating to the Purging Compounds products
The following research methods were used in this report:
- Desk study
- A questionnaire survey among specialty retail chains
- Analyzing statistical data released by the Federal Customs Service
- Desk study sources include materials taken from print and online media conference materials.
Reasons to Buy
- The report provides information about technology solutions needed for the implementation of Purging Compounds projects, and allows readers to make effective business decisions
- The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through Purging Compounds solutions
- The report highlights projected investment on Purging Compounds over the next two years. This will help organizations to allocate budget towards Purging Compounds implementation and business expansion
- The report helps executives plan their adoption of Purging Compounds by providing expected timeframes for implementation
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