Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Purging Compound Market size was USD 214.25 million in 2024 and is estimated to reach USD 440.46 million by the end of 2037, expanding at a CAGR of 5.7% during the forecast period, i.e., 2025-2037. In 2025, the industry size of purging compound is evaluated at USD 226.47 million.
The global purging compound market is anticipated to thrive owing to the rising demand for high-quality plastic products across packaging, automotive, healthcare, and consumer goods. Frequent material changes, color shifts, and high-output production require effective purging of compounds to clean residual polymers, minimize downtime, and prevent contamination. For instance, the growing automotive industry relies largely on sophisticated polymers for components such as dashboards, headlight covers, and trims, which necessitates contamination-free manufacturing. Similarly, in the consumer products industry, where frequent color and material changes are required for personalization, purge compounds play an important role in reducing errors and waste.
Furthermore, the global trade of plastics and plastic goods is a key driver of the purging compound market, as increasing production volumes necessitates efficient maintenance of processing machinery. The UN Trade and Development (UNCTAD) reported that since 2005, global exports of plastics or commodities made from plastic have more than doubled in value, surpassing the USD 1 trillion milestone in 2018 and expected to reach approximately USD 1.2 trillion by 2021. Volume growth has been slightly slower but consistent, rising from 218 million metric tons in 2005 to 369 million by 2021.
Source: UNCTAD
The total value of global plastics exports exceeds the size of most economies. In this case, it is nearly three times the GDP of Egypt, the host country for the COP27 climate summit.
The table below shows the exporters of plastics in 2021.
|
Exporters |
Value of Global Plastic Exports (in USD billion) |
|
China |
3,364 |
|
USA |
1,754 |
|
Germany |
1,632 |
|
Netherlands |
837 |
|
Japan |
756 |
|
China, Hong Kong SAR |
670 |
|
Korea |
644 |
|
Italy |
610 |
|
France |
585 |
|
Belgium |
545 |
|
Canada |
508 |
|
Mexico |
495 |
|
Russian Federation |
494 |
|
UK |
468 |
|
Global |
1,184 |
Source: UNCTAD
Purging Compound Market: Growth Drivers and Challenges
Growth Drivers
- Increased applications in thermoplastics and molding machines: Purging compounds, which are made up of scouring granules that enter hot and dead areas of machinery to remove carbon buildup made up of layers of separated additives and broken-down polymers, are frequently used to clean plastic processing equipment effectively. To prevent color variations in the final products, changes in the resin or raw material, formulation changes in the machines, and regular shutdowns of industrial processes, purging compounds are necessary for routine cleaning of plastic processing equipment. Purging compounds provide quality control, which is essential for prolonging the working life of equipment, in addition to ensuring efficient machine cleaning.
Large machine cleaning by hand takes a lot of time because it requires disassembling various machine components. Additionally, it puts more strain on the general operating tasks performed across a range of businesses, which lowers productivity. In addition, industries must constantly control their bottom lines to remain profitable and competitive. As a result, machine downtime is not profitable or competitive. By using purging substances, machine cleaning times are shortened, raw material waste is decreased, end-product rejection is decreased, and raw material reuse is made possible. - Increased integration of AI: The rapid integration of AI into the global economy is significantly boosting productivity, optimizing manufacturing processes, and driving economic growth. According to estimates by PricewaterhouseCoopers (PwC), artificial intelligence is projected to contribute approximately USD 15.7 trillion to the global economy and to enhance local economies' gross domestic product (GDP) by 26% by the same year. As AI enhances industrial automation and smart manufacturing, it leads to higher efficiency, reduced production downtime, and lower material waste, which is crucial in industries reliant on plastic processing.
Therefore, the purging compound market's manufacturing rate and efficiency have increased tremendously since the advent of AI. By monitoring machine performance and cleaning cycles, artificial intelligence (AI) is gaining traction in streamlining the production process. This also helps with the equipment's predictive maintenance, which significantly results in more cost savings. Since the creation of these technologies, artificial intelligence (AI) has been essential in evaluating data and making decisions by demonstrating the capabilities of diverse machines in diverse settings. Furthermore, it is anticipated that AI's potent eyesight will evaluate several components each minute.
Challenges
- High cost of advanced purging compounds: Although the market for purging compounds has grown significantly in recent years, several obstacles tend to impede purging compound market expansion. Adopting these solutions frequently necessitates a larger upfront expenditure, which may not be advantageous for startups. When compared to conventional cleaning techniques, purging substances are typically costlier.
- Compatibility issues: Not all purging compounds work effectively across various plastics, and selecting the wrong type can lead to residue buildup, inefficient cleaning, or even machine damage. Some purging compounds may not fully remove carbonized deposits or color streaks, requiring multiple applications, which increases downtime and material waste. Therefore, manufacturers must carefully test and select the right purging compound formulation to ensure optimal performance while maintaining operational efficiency.
Purging Compound Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.7% |
|
Base Year Market Size (2024) |
USD 214.25 million |
|
Forecast Year Market Size (2037) |
USD 440.46 million |
|
Regional Scope |
|
Purging Compound Segmentation
Type (Mechanical Purging, Chemical Purging, Liquid Purging)
Mechanical purging segment is projected to capture purging compound market share of around 47.9% by the end of 2037. Mechanical purging uses a substance such as resin to scrape and get rid of impurities from the equipment. This method often uses polyethylene and polypropylene, which are thought to work well in cleaning equipment. The affordability of the approach, which is favored by the majority of businesses, is responsible for the segment's supremacy. Mechanical purging is popular in the purging compound market because it is easy to use and works with a variety of devices. Because it produces less chemical waste, the technique is also gaining attention as environmental concerns grow.
Process (Extrusion, Injection Molding, Blow Molding)
The extrusion segment in purging compound market is poised to garner a significant share during the assessed period. Extrusion is a procedure used to manufacture raw plastic materials in the form of pellets and granules. The segment's growth is ascribed to extrusion's numerous functional capabilities, which enable it to manufacture a vast array of forms and sizes based on application requirements. The technique is renowned for producing materials on a greater scale due to its increased productivity. They are therefore a better choice for businesses since they need fewer employees, which lowers costs, particularly for small enterprises. Automation technologies are aiding in simplifying the use of these materials.
Major manufacturers are increasingly integrating automation into plastic extrusion technologies. In October 2022, Delta made significant strides in helping plastic extrusion producers enhance their operations through data linkage and intelligent transformation. By implementing the Compact Modular Mid-range PLC, AS 300 Series, Delta effectively connects the operational technology (OT) and information technology (IT) layers within the rubber and plastics industries, facilitating continuous manufacturing processes. This system features a 2-port communication capability that streamlines the sharing of auxiliary information across various workstations. By distributing data across two communication field buses, Delta accelerates information exchange. Additionally, the built-in Ethernet functionality allows for efficient uploading of equipment information, further optimizing the manufacturing workflow.
Our in-depth analysis of the global purging compound market includes the following segments:
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Type |
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Process |
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Customize this ReportPurging Compound Industry - Regional Synopsis
APAC Market Statistics
Asia Pacific purging compound market is predicted to capture revenue share of over 37.3% by 2037. Rapid industrialization in nations such as China, Japan, and India is responsible for the region's dominance. Plastic is more in demand in these nations across a range of sectors, including the automobile and medical industries. The region's growing urban population is also driving up demand for plastic, particularly in food packaging, which makes them popular and fuels the purging compound market expansion. Additionally, the region is becoming more capable of producing plastic, which lowers production costs and draws in major businesses. The Asia Pacific is emerging as a packaging leader since it produced slightly more than half of the world's plastics in 2021 (52% of 390.7Mt worldwide).
As China remains a global leader in plastic processing, automotive, packaging, and consumer goods manufacturing, the demand for purging compounds has surged to minimize material waste. Also, there is constant pressure on Chinese manufacturing to reduce costs and increase efficiency. Purging compounds offer a solution by reducing waste, increasing total manufacturing productivity, and minimizing machine downtime, which leads to strong purging compound market demand. China is a desirable location for manufacturing due to its competitive labor and production prices. The economic advantage that purging chemicals provide in increasing manufacturing efficiency is driving up demand for them.
Furthermore, with China’s continued reliance on global resin supplies, the purging compound market is growing, driven by the need for cost-effective and time-saving cleaning solutions in high-volume production environments. For instance, by 2050, China will have produced 183.9 million tons of resin, up from 75.7 million tons in 2020. Additionally, although its net import position declined from 27.4 million tons in 2020 to 4.7 million tons in 2050, China is still a net importer of important resins.
Furthermore, India is strengthening its position as a global manufacturing hub due to which companies are investing in advanced injection molding, extrusion, and blow molding technologies, which require efficient cleaning solutions to minimize production downtime. Additionally, the government’s sustainability initiatives are encouraging manufacturers to adopt cost-effective purging solutions to enhance productivity and reduce plastic waste.
North America Market Analysis
Purging compound market in North America is expected to experience substantial growth during the projected period. Due to the increasing government initiatives aimed at promoting sustainable industrial processes and mitigating environmental impacts, North America has emerged as the leading region in the purging compound industry. In September 2024, the U.S. Department of Energy allocated USD 3 million to launch a new program designed to enhance and diversify the workforce in the United States, with a focus on industrial decarbonization. This funding intends to support skilled workers in their transition to sustainable industrial practices, thereby contributing to the reduction of carbon emissions across various sectors. Consequently, the adoption of purging compounds is becoming increasingly prevalent, as these compounds play a vital role in enhancing operational efficiency in response to programs that encourage businesses to implement energy-efficient and waste-reduction strategies.
The substantial use of plastics in the U.S. automobile industry is driving purging compound market expansion. Online shopping and consumer convenience are driving the nation's packaging industry's steady growth. In November 2024, the Census Bureau of the Department of Commerce reported that an estimated USD 300.1 billion in U.S. retail e-commerce sales for the third quarter of 2024, adjusted for seasonal fluctuation but not price adjustments, represented a 2.6 percent (±0.4) increase over the second quarter of 2024. As a result, more plastic is used, and there is a greater need for efficient cleaning supplies. In the upcoming years, it is anticipated that more businesses will use plastic processing equipment, especially injection molding, which will increase demand for the product.
Companies Dominating the Purging Compound Market
- Calsak Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Plastic Solutions, Inc.
- Neutrex, Inc.
- Clariant AG
- Nylon Corporation of America, Inc. (NYCOA)
- Perfect Colourants & Plastics Pvt. Ltd.
- Chem-Trend LP
- 3M Company
- PolySource
- VELOX GmbH
The purging compound market is characterized by a wide variety of suppliers and manufacturers vying for market dominance through strategic alliances, product differentiation, and innovation. The industry's leading companies engage substantially in research and development to produce high-performance solutions suited for certain applications, like high-temperature processing, and concentrate on creating cutting-edge formulations that improve cleaning effectiveness and reduce material waste.
To comply with new rules and meet the increased emphasis on environmental responsibility, businesses are also differentiating their products by using sustainable materials, such as recyclable and biodegradable purging chemicals. Strategic alliances with suppliers of technology and raw materials increase purging compound market presence, enabling businesses to use specialist knowledge and raise the caliber of their output.
In the News
- In April 2024, Clariant exhibited its latest solutions to help the plastics industry improve safety and efficiency, promote circularity, and minimize waste at Chinaplas 2024, in Shanghai, China.
- In March 2024, PolySource, a leading distributor of engineered resin solutions, formed an exclusive distribution agreement with Asaclean, the world's top brand of purging chemicals. PolySource will become the exclusive distributor of Asaclean purging compounds in the United States as a result of this collaboration, adding to its already impressive portfolio.
Author Credits: Rajrani Baghel
- Report ID: 834
- Published Date: Mar 03, 2025
- Report Format: PDF, PPT
