Drum Pulper Market to Acquire a Value of US$ 972.64 Million By 2032: Fact.MR

According to estimates, the drum pulpers market will be worth US$ 626.31 million in 2023 and US$ 972.64 million in 2033. The drum pulper industry is anticipated to expand at a CAGR of 4.5% over the projection period.

In the pulp and paper industry, drum pulpers are used to pulp waste paper, paperboard, and other fibre products. Due to their high capacity and pulping efficiency, they are a preferred choice for many pulp and paper mills. Demand for sustainable and eco-friendly solutions has increased recently in the pulp and paper industry. This has led to the development of more advanced and efficient drum pulpers. The drum pulper sector has been relatively steady, and future projections call for moderate expansion.

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Key Pioneers

• Voith GmbH & Co. KGaA
• ANDRITZ AG
• Valmet Corporation
• GL&V Inc.
• Kadant Inc.
• Parason Machinery (India) Pvt. Ltd.
• JMC Paper Tech Pvt. Ltd.
• Hergen Paper Machinery
• Joss Paper Co., Ltd.
• Shandong Xuridong Machinery Co., Ltd

Key Driving Forces Accelerating the Market Growth

• The dominant product on the market for this Type is vertical drum pulpers. Vertical drum pulpers are less expensive and require less room than horizontal drum pulpers.
• The paper and pulp market, broken down by application, is considerable.
• The drum pulper market is expected to be most significant in Asia Pacific.
• Given that their pulp and paper industries are well-established, North America and Europe are also significant markets.

Competitive Influence

The presence of numerous smaller competitors and regional manufacturers who offer cheaper alternatives makes the industry very competitive. The drum pulper market's competitive influence has resulted in several improvements. Such as the development of more efficient and energy-saving drum pulpers.
• ANDRITZ Joins HydrogenPro in a Green Hydrogen Alliance
ANDRITZ and HydrogenPro formed a cooperation to increase the production and assembling of electrolyzers for the European market. The partnership combines the production and assembly skills of ANDRITZ with the high-pressure alkaline electrolyzer (AEL) technical knowledge of HydrogenPro.
• Valmet Introduces a Zero-emission Solution for Enzymatic Starch Boiling for Board and Paper Manufacturers
Valmet invented Enzymatic Starch Cooking ZE (zero effluent) in February 2023 to improve the operational dependability and quality of the starch cooking process. It is made up of two independent units for binder starch and surface-size starch. Each with its built-in heat recovery system and a novel circulation system.
• Valmet Inks a Service Agreement with Spain's UBE Corporation
Valmet and UBE Corporation Europe S.A.U. signed a service agreement in May 2023. To improve the operation of the waste boiler of UBE's chemical facility in Castellón, Spain.

Key Segments

• By Type of Drum Pulper:

o Horizontal Drum Pulper
o Vertical Drum Pulper

• By Application :

o Paper and Pulp Industry
o Recycling Industry

• By Capacity :

o Small Capacity Drum Pulper
o Medium Capacity Drum Pulper
o High Capacity Drum Pulper

• By End-use Industry:

o Packaging Industry
o Printing and Writing Industry
o Specialty Papers Industry

Key Questions Covered in the Drum Pulper Market Report

• What will be the estimated size of the Drum Pulper Market in 2023?
• At what rate will the global Drum Pulper sales grow until 2033?
• Which are the factors hampering the Drum Pulper demand?
• Which region will spearhead the growth in the global industry by 2033?
• Which are the factors driving sales in the Drum Pulper Market during the forecast period?

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories. We are committed to deliver insights that help businesses gain deeper understanding of their target markets. We understand that making sense of the vast labyrinth of data can be overwhelming for businesses. That's why focus on offering insights that can actually make a difference to bottom-lines.

This release was published on openPR.