Purging Compound Market in North America will register a grow over 7.5% up to 2024. This growth is mainly accredited to the large base of plastic processing units in the region. Growing demand for plastics processing equipment will support product penetration.
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Global Purging Compound Market size is estimated to exceed USD 600 million by 2024; according to a new research report by Global Market Insights, Inc. Potential applications in custom molding, packaging, consumer goods and automotive industry will propel global purging compound market growth. Reduced machine downtime, lower raw material wastage along with low cleaning cost are the key properties driving industry demand.
Automotive industry accounts for over 20% of the industry share in 2016. Automotive industry expansion along with rapidly increasing polymer usage across the various products has positively influenced demand.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Asahi Kasei Plastics North America, Inc.
2. VELOX, An IMCD company
7. Purgex Purging Compounds | Neutrex, Inc.
10. REEDY Chemical Foam & Specialty Additives
11. Calsak Plastics
12. Formosa Plastics Group
13. The Dow Chemical Company
14. Daicel America Holdings, Inc.
15. Kuraray America, Inc.
17. Ultra Clean Technology
19. Slide Products Inc.
Effective plastic resin & contamination removal particularly in complicated machinery parts coupled with improved quality & safety are among key factors driving product penetration. Optimum machinery maintenance along with prevention from material mixture during feedstock replacement will support industry demand.
Electronics segment accounted nearly 10% of the global demand in 2016. Increasing R&D spending along with technological advancements to improve machinery efficiency will drive industry growth. Growing number of manufacturing facilities in China, India and Brazil are key factors stimulating demand.
Increasing preference for cost-effective scrap removal solutions to regulate carbon deposition and prevent corrosion has positively driven product penetration. However, raw material price volatility due to changing crude oil prices are key factors impacting purging compound market price trend globally.
Global Purging Compound Market, By Process
- Injection molding
- Blow molding
Global Purging Compound Market, By Product
- Mechanical purging
- Chemical purging/ foaming purging
Global Purging Compound Market, By Form
Global Purging Compound Market, By End-Use
- Consumer goods
- Custom molding
Purging compound are extensively used in injection molding process due to increasing demand for manufacturing of bulk quantities of plastic components. High usage of injection molding boosts production processes and assures high accuracy in the development of engineering components.
Mechanical purging was valued over USD 210 million in 2016 owing to rising demand for plastic processing units. These compounds are highly competent and safe to use for polymer deposit removal by using high viscosity plastics to mechanically scrub the contaminants.
Extensive usage of liquid form for thermoplastics removal will boost the global purging compound market. The form is very effective for resin-to-resin and colour-to-colour transformations to provide easy, quick, safe and cost-effective processing of purges.
Automotive will generate more than USD 120 million in revenue by 2024. Widespread adoption of lightweight and sustainable plastic materials in the form of equipment, films and fasteners components will propel global purging compound market growth. Numerous automakers are undertaking steps to accommodate increasing senior driver population by including safety features. These safety features include enhanced safety belt designs using plastics and reduced package space.
Global purging compound market is fragmented with large presence of manufacturers and distributors across the globe. These companies have implemented numerous growth strategies including product launches, mergers & acquisitions, partnerships, joint ventures, innovation and technological developments to strengthen market foothold. Some of the key players are VELOX GmbH, Asahi Kasei Corporation, Dyna-Purge, E. I. Du Pont de Nemours and Chem-Trend LP.
The first semi-finished part made of Ultramid® Advanced N
BASF has now developed Ultramid® Advanced N5H UN, a polyphthalamide (PPA) that can be manufactured into semi-finished parts by extrusion. The plastics company GEHR, Mannheim, Germany is using the new PPA to produce extruded stock shapes with a diameter of 50 millimeters. Ultramid® Advanced N offers excellent mechanics at elevated temperatures due to its semi-aromatic chemical structure. It shows excellent resistance to chemicals and hydrolysis, even in aggressive environments, as well as good sliding friction properties – and all this at temperatures above 100°C. Due to its low water uptake its mechanical properties remain stable over a wide temperature range. Even in humid environments, the long-chain high-performance material shows a dimensional stability that belongs to the highest of all polyamides.
This property profile makes Ultramid® Advanced N the perfect material for extruding pre-fabricated components and small assemblies but also for many applications in the automotive industry, in mechanical engineering and in kitchen appliances. During machining, the behavior of the semi-finished products lies between a polyamide and a polyoxymethylene copolymer, with steady and consistent chip formation and removal.
“GEHR is the first company to successfully use a PPA for extrusion. With its expertise in extrusion, GEHR has developed stock shapes that can be produced without any voids”, says Philipp Wenz, group head in sales of BASF’s Performance Materials division. “We can’t say for certain whether it’s the world’s first semi-finished part made from polyphthalamide. The high-performance material has definitely not yet played an important role in the market for semi-finished parts. One reason for this might be that usual polyphthalamides cannot be extruded very well.” Thus Ultramid® Advanced N5H closes a gap in the market between semi-finished parts made of polyetheretherketones and polyarylsulfones on the one hand and semi-finished products made from engineering plastics on the other hand. In comparison to the latter it can be used at continuous operating temperatures well above 120°C. The BASF material is also suitable for profiles other than rods.
Bernhard Grosskinsky, Head of Application Technology at GEHR, explains: “BASF’s polyphthalamide is far easier to process compared to other PPAs on the market. It gives us a wide processing window with at the same time a high melt stability. The quality of the material always remains the same so that we can maintain a stable production of our semi-finished parts. Last but not least, another advantage of BASF’s PPA: It is easy to produce finished components from the semi-finished products by post-processing.”
A wide range of applications can be manufactured from GEHR’s extruded rods: Components with very high operating temperatures and pump parts requiring exact dimensional stability are just as feasible as gear wheels, thermostat housings and sliding rails. In the automotive industry, the material is particularly suitable for components that come into contact with motor and transmission oils, coolants, acids, salts and de-icing fluids. Parts that require high sliding friction properties can be used even at high temperatures due to the material’s high impact resistance and very low wear rate.
B.Bigler AG appointed as RadiciGroup distributor for Germany
A partnership to offer quality and flexibility to German customers
RadiciGroup High Performance Polymers announces a reorganization of its sales network in Germany: starting on 18th May 2020 B.Bigler AG is appointed as the distributor for the German market for a wide product range including RADILON®, HERAMID®, RADIFLAM®, RADISTRONG®, RADITER®, HERAFLEX®, TORZEN® and RADITECK®.
«Our Group – said Rolf Behringer, Sales Manager DACH of RadiciGroup High Performance Polymers – is taking one more step to strengthen its long-term presence in the German market partnering with an important and reliable company such as B.Bigler AG. Since long we have been cooperating with B.Bigler AG in Switzerland and now we are confident that, together with our sales team, we will be able to offer the highest level of quality and flexibility to our German customers».
B.Bigler AG provides its resident, well-established, and country-wide sales net and logistics hub in Weiterstadt guaranteeing fast delivery to customers.
«We are proud and glad to expand our partnership with RadiciGroup to the German market – said Reto Frei, Sales Director of B.Bigler AG – and we are looking forward to implementing the same successful collaboration as we have in Switzerland, driven by continuous growth. We are already well positioned in Germany, through local sales force and warehousing. This will be a benefit for all German customers looking for fast delivery of small quantities of materials, ranging from from 25 kg up to full pallets».
Total and Corbion commence production at Thai bioplastics plant
French energy group Total and its Dutch partner Corbion have commenced production at their new bioplastics plant in Rayong, Thailand.
The plant, which will be run by the joint venture Total Corbion PLA, is expected to produce 75,000 tonnes a year of poly lactic acid (PLA). The production profile will include a wide range of Luminy® PLA resins from renewable, non-GMO sugarcane sourced locally in Thailand. Products from the Thai plant would find application in the packaging, consumer goods, 3D printing and the automotive industries.
At the end of their life cycle, PLA products can be mechanically or chemically recycled, or sometimes composted and returned to the soil as fertiliser.
“The start-up of this state-of-the-art plant establishes Total Corbion PLA as a world-scale PLA bioplastic producer, ideally located to serve growing markets from Asia Pacific to Europe and the Americas” says Stephane Dion, CEO of the company. “The subsequent increase in global PLA capacity will enable manufacturers and brand owners to move into the circular economy and produce biobased products with lower carbon footprints and multiple end of life options.”
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