Europe Purging Compound Market Size & Outlook, 2025-2030
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Europe purging compound market highlights
- The Europe purging compound market generated a revenue of USD 104.9 million in 2024.
- The market is expected to grow at a CAGR of 4.8% from 2025 to 2030.
- In terms of segment, mechanical purging was the largest revenue generating type in 2024.
- Chemical purging is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 104.9 million |
| Market revenue in 2030 | USD 138.6 million |
| Growth rate | 4.8% (CAGR from 2025 to 2030) |
| Largest segment | Mechanical purging |
| Fastest growing segment | Chemical purging |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mechanical purging, Chemical purging, Liquid purging |
| Key market players worldwide | Asahi Kasei Corp, LG Chem, 3M Co, Clariant AG, Kuraray Co Ltd, Daicel Corp, Formosa Plastics Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 15.7% of the global purging compound market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 384.7 million by 2030.
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Purging Compound Market Scope
Purging Compound Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | https://www.fpg.com.tw/ |
| Daicel Corp | View profile | 12480 | Grand Front Osaka Tower-B, 3-1, Ofuka-cho, Kita-ku, Osaka, Japan | http://www.daicel.com |
| Clariant AG | View profile | 10481 | Rothausstrasse 61, Muttenz, Switzerland, 4132 | http://www.clariant.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Kuraray Co Ltd | View profile | 13161 | Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, Japan, 100-8115 | http://www.kuraray.co.jp |
| Asahi Kasei Corp | View profile | 48897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | http://www.asahi-kasei.co.jp |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
Europe purging compound market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to purging compound market will help companies and investors design strategic landscapes.
Mechanical purging was the largest segment with a revenue share of 50.52% in 2024. Horizon Databook has segmented the Europe purging compound market based on mechanical purging, chemical purging, liquid purging covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of purging compound market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe purging compound market , including forecasts for subscribers. This continent databook contains high-level insights into Europe purging compound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe purging compound market size, by country, 2018-2030 (US$M)
Europe Purging Compound Market Outlook Share, 2024 & 2030 (US$M)
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