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Plastic Compounding Machinery Market Growth, Business Opportunities, Top Manufacture, Industry Share Report, Status, Regional Outlook and Global Forecast to 2026
The report studies the Global Plastic Compounding Machinery Market with many aspects of the industry like the market size, market status, market trends, and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. The report offers valuable insight into the Plastic Compounding Machinery Market progress and approaches related to the market with an analysis of each region. The report goes on to talk about the qualitative and quantitative assessments by industry analysts. The report also presents forecasts for Plastic Compounding Machinery investments from 2021 till 2026.The Plastic Compounding Machinery Market is expected to register a CAGR of approximately 6% during the forecast period (2020 - 2025).
Top Key Players in the Global Plastic Compounding Machinery Market: Coperion GmbH, CPM EXTRUSION GROUP, Farrel Corporation, ICMA San Giorgio SpA, Ikegai Corp., Kobe Steel, Ltd., KraussMaffei Group, Nordson Corporation, Randcastle Extrusion Systems, Inc., TECHNOVEL Corporation, The Japan Steel Works, LTD., Theysohn Group, Shibaura Machine CO., LTD (Toshiba Machine Co.,LTD), TPV Compound Srl, USEON (Nanjing) Extrusion Machinery Co.,Ltd., Welset Plast Extrusions Pvt. Ltd.
Covid-19 Impact and Recovery Analysis:
The global Plastic Compounding Machinery market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.
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Key Market Development:
- February 2020 - Yizumi cooperated with Exipnos, to develop a patented Direct Compounding Injection Moulding (DCIM) system. The system was demonstrated at K19 making a multi impression bio-degradable cup on a standard Yizumi UN160A5 moulding machine integrated with their compound delivery system (CDS).
- January 2020 - Grupa Azoty SA announced that a subsidiary operating within its Plastics Business Segment launched a new manufacturing/compounding plant for modified plastics with a production capacity of 50,000 tons per year. By modifying the polyamide produced in Tarnw and other materials at the plant, specialized modified materials will be produced for use in the automotive, machinery, construction, electronics and household goods industries, among many others.
- According to PlasticsEurope (PEMRG), the global plastic production in 2018 amounted to 359 million metric tons.
- The increasing demand for high-strength, low-weight, fuel-efficient and durable components in the automotive sector allowing them to comply with environmental and related norms is expected to boost the adoption of the platic compounding machinery in the industry.
- The food and beverage industry is expected to exhibit growth in adoption of plastic compunding machinery, owing to the increasing adoption of plastic in the industry, to enable lightweight end-products with a focus on product design.
- Also, plastic compounding machinery is finding its applications in the bioplastics industry. The adoption of bioplastics in various end-user industries is increasing. In 2019, according to the European Bioplastics.org, global production capacities of bioplastics amounted to about 2.11 million tons with more than 53% of the volume destined for the packaging market.
Additionally, the report provides an extensive analysis of the key geographical regions of the industry. The regional analysis covers North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. The report offers insightful information like production and consumption ratio, demand and supply, import and export ratio, and demand trends in each region. The report also covers a country-wise analysis of the segments and sub-segments of the market.
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What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics, and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Plastic Compounding Machinery Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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