Demand For Agglomeration Machines Is Anticipated To Reach US$ 308.0 Million By 2033-End: Fact.MR Study

According to Fact.MR, a market research and competitive intelligence company, the European agglomeration machine market is predicted to be worth US$ 215.0 million in 2023 and to grow at a CAGR of 3.7% between 2023 and 2033.

The agglomeration machine can make recycling thin-walled polymers easier. Because it provides an effective way for recovering thin polymers, it is widely employed in the plastic and scrap recycling industries. Materials can be dried and densified using agglomerators.

In addition, an agglomeration machine is used to reduce the amount of plastic waste that is created. Plastic agglomeration machines, for example, are required because the machine breaks plastic into manageable pieces for handling, and processing also offers raw materials to a variety of end-use industries, such as the automobile and aerospace sectors. Due to the expanding market need for recycled plastic, numerous private companies have invested in plastic collection and recycling to support the increasing sales of plastic agglomeration equipment.

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Furthermore, various designs of agglomeration machine series are available on the market which can be employed according to the property of plastic whether it is carrying PVC or LDPE or others. Agglomerator machines are used in a variety of applications, including hot recycling plants, asphalt mixing plants, asphalt tanks, and material mixing equipment.

Key Takeaways from Market Study

• Europe’s agglomeration machine market is projected to expand at a CAGR of 3.7% and be valued at US$ 308.0 million by 2033
• The market witnessed a 2.6% CAGR for the period of 2018-2022
• Germany dominates the European market with a 25.0% market share in 2023
• The agglomeration machine with a use case of polymer films accounts for maximum consumption holding 38.0% of the Europe market
• The throughput agglomeration machine rate is expected to be the crown of the market with a growth rate of 4.0% from 2023-2033

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Segmentation of Agglomeration Machine Industry Research

By Throughput Rate :

• Upto 150 kg / hrs
• Upto 200 kg / hrs
• Upto 250 kg / hrs
• Upto 300 kg / hrs
• 300+ kg / hrs

By Use Case :

• Polymer Films
• Polymer Fiber
• Polymer Foam
• Textile Waste
• Synthetic Rubber
• Others

By Country :

• Germany
• France
• UK
• BENELUX
• NORDIC
• Italy
• Spain
• Rest of Europe

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Market’s Key Stratagems

Players of agglomeration machines are focusing on offering recyclers with innovative technology that is robust and safer and can recycle a large amount of plastic in lesser time.

Manufacturers are focusing on the efficiency of the machine and offer machines that require less manpower to complete the work. Key players in the market are shifting their focus towards attracting a newer customer base by offering innovative products at a competitive price without compromising on quality and durability.

Key Companies Profiled

• Pallmann
• Herbold
• MHG
• Other Players

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