Plastic Compounding Machinery Industry 2019 Global Market Size & Growth, Sales and Drivers Analysis Research Report 2023
Global Plastic Compounding Machinery Market 2019-2023 released by 360 Research Reports considers the past, current and future state of the industry while encapsulating modest landscape analysis, manufacturers, marketing strategies, industry effect factor analysis. An unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas has been included to help stakeholders to device and align Plastic Compounding Machinery market strategies according to the current and future market. All enterprise profiles of the main players and brands are shown in this research. The report presents the drivers and restrictions of the market that have been explained by SWOT analysis.
Top-Listed Players mentioned in Plastic Compounding Machinery Market Research Report 2019-2023:
Coperion Ltd-CPM EXTRUSION GROUP-Entek Extruders-Excell Environmental Solutions Ltd-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-TOSHIBA MACHINE CO.
LTD-TPV Compound Srl-USEON (Nanjing) Extrusion Machinery Co.
Ltd.-Welset Plast Extrusions Pvt. Ltd.
Overview of Plastic Compounding Machinery Market Report:
The plastic compounding machinery market is estimated to grow at a moderate to high rate during the forecast period, 2018-2023. Asia-Pacific is expected to witness highest growth in the demand for plastic compounding business during the forecast period, owing to the rising demand for engineering plastics and color masterbatch in the region, this, in turn, is likely to drive the plastic compounding machinery business in the region.
Compounders expanding their Capabilities deck
Compounding technology providers are conscious of the changing market environment. These service providers are acting on many levels starting from complete, integrated compounding systems to solution display and the selection window for those options to tackle the market demand. In the similar event, Farrel Corporation, a global compounding technology provider, launched a new model of the CP Series II Compact Processor that expands the line to seven models and boosts top-end output substantially.
The production rate of this CP Series II model ranges from 5,500 to 11,000 pounds per hour, based on the type of material, quality, and additives & fillers type among other factors. It offers the solution for wide variety of resins such as PS, ABS, SAN, TPU, TPO, PA, PLA and temperature-sensitive materials such as recycled PVC. A broad application range on technology is expected to increase the scope for the plastic compounding machinery in a variety of end-use industries.
Boost in demand for Engineering Plastics and Color Masterbatch in the U.S.
The U.S. compounding business has been fair and stable over the past half a decade owing to the abundance of business in the market to go around. The demand for compounding lines was majorly driven by high demand for engineering plastics and masterbatch. However, the nature of this industry is highly cyclical with a continuous up and down like in seesaw fashion. Last year in the U.S. was a little low for the compounding line business, and recent natural disasters such as Hurricane Harvey also affected the market in the same duration. However, these natural disasters changed the industry by creating a window of opportunity too; the recovery is ending up helping the economy in sales of cars, appliances, and houses destroyed by the flooding in Houston, which is again expected to upswing the compounding business in the country.