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Melt Flow Meter Market Revenue to Record Stellar Growth Rate During 2018-2028

02-15-2019 11:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Melt Flow Meter Market

Melt Flow Meter Market

Melt flow meter measures the melting flow characteristic of the materials such as plastic, PVC, and polymers. Profitable Sectors such as construction, automotive, electrical & electronics are consuming high quantity of plastics. Before launching any plastic or polymer product in a market, these are required to be tested by companies multiple times which is ultimately driving the adoption of melt flow meters. Various uses of polymers in construction sector such as insulation, cladding and pipes helps to grow the demand of melt flow meter in a market. It measures the ease of flow of all the polymer materials and is also used to measure the flowing capacity of the polymer materials. Manufacturers are focused on upgrading of the melt flow meter with enhanced features such as user-friendly interference, touch screen and these factors are ultimately fuelling the growth of melt flow meter market.

High Investments in Construction and Polymer Industry Driving Demand for Melt Flow Meters

Rapid adoption of melt flow meter is witnessed in Industries such as polymer, construction, automotive. Countries such as China, India, Brazil, and Mexico have been investing significant amount in construction and polymer industry. Massive quantity of polymer is being consumed in Construction and infrastructure which ultimately needs to be tested using melt flow meter. Hence, this factor drives the growth of melt flow meter market across the globe. High investments in automotive sector is been witnessed in Europe which boosts the adoption of melt flow meters. Also, recycling of plastic has been a growing trend from past few years and excessive amount of plastic waste has been a major concern across the globe.

Innovations and advancement of technologies in a polymer industry is also creating the need of new and technologically advanced testing equipment, rising the demand for melt flow meter. Massive requirement of polymers in textile and packaging industry increases the demand of melt flow meter significantly. Another factor which is driving the market of melt flow meters is the user friendly feature of this equipment.

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Manufacturers are focusing on melt flow meters which offer benefits/features such as accurate results and are upgraded with enhanced features. Requirement of plastic in an automotive sector increases rapidly in last few years which ultimately drives the melt flow meter market significantly. However issues such as unskilled labor, lack of technological advancement affect the global market of melt flow meter.

Melt Flow Meter Market: Segmentation

Segmentation of melt flow meter market as per equipment type:

Basic melt flow indexer

Standard melt flow test equipment

Advance melt flow system

Segmentation of melt flow meter market as per end user:

Plastic and Polymer industry

Automotive

Construction

Other

Melt Flow Meter Market: Competition Landscape

Key Players

Key players in melt flow meter market are Pestro testing instruments, Hanatek instruments, Qualitest, Engelmann and Buckhmam and international equipment, wance testing machines.

Melt Flow Meter Market: Regional Overview

Significant investment in plastic and printing industry in North America region drives the market for melt flow meter in terms of revenue. Large investment in plastic and construction industry in APEJ region, rising demand for melt flow meter in this market. Countries like India and China spending a huge amount of money in infrastructure, Construction and plastic industry, which in terms increasing the market for melt flow meter in these countries. Huge advancements in the plastic and automotive sector in the countries like U.K. and Germany in Europe region making the demand graph ascending for melt flow meter market. As the governments in MEA region take a considerable initiatives to develop construction and polymer industry, causes the moderate growth rate for melt flow meter market. Regions such as APEJ, and MEA are also investing into plastic recycling process. As melt flow meter is used during the process of recycling hence growth in plastic recycling market is driving the market of melt flow meter.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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