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Purging Compounds Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025

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Competitive Insights<br />

<strong>Purging</strong> compound market is highly competitive in nature with the presence of a large number<br />

of producers <strong>and</strong> distribu<strong>to</strong>rs operating across the world.<br />

Few major players operating in the market are Asahi Kasei Corporation (Japan), Daicel<br />

Corporation (Japan), Dyna-Purge (U.S.), Clariant AG (Switzerl<strong>and</strong>), VELOX GmbH (Germany), The<br />

Dow Chemical Company (U.S.), E. I. Du Pont de Nemours <strong>and</strong> Company (U.S.), 3M Company<br />

(U.S.), <strong>and</strong> Formosa Plastics Corporation (Taiwan) among others. Various growth strategies<br />

adopted by these players <strong>to</strong> strengthen their position in the market includes mergers &<br />

acquisitions, new product launches, joint ventures, innovation, <strong>and</strong> technological advancements<br />

partnerships. For instance, recently the two chemical giants the Dow chemical company <strong>and</strong><br />

DuPont merged <strong>to</strong>gether <strong>to</strong> form Dow Dupont in order <strong>to</strong> widen their expertise <strong>and</strong> also the<br />

product portfolio.<br />

Key <strong>Trends</strong><br />

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<br />

Emerging application in food <strong>and</strong> pharmaceutical industries<br />

Growing plastic processing industry is triggering the market growth<br />

By Product<br />

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<br />

Mechanical <strong>Purging</strong><br />

Chemical/Foaming <strong>Purging</strong><br />

Liquid <strong>Purging</strong><br />

By Process<br />

<br />

<br />

<br />

Extrusion<br />

Injection Molding<br />

Blow Molding<br />

By Geography<br />

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North America<br />

Europe<br />

Asia Pacific<br />

Middle East & Africa (MEA)<br />

Latin America<br />

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