About Strand Pelletizers
Strand Pelletizers are Industrial machinery used to manufacture pellets using thermostat and other polymer products. There are three main types of strand pelletizers which are wet cut strand pelletizer, dry cut strand pelletizer and Pultrusion Machines. The rapid industrialisation, and rise of polymer industry has been major drivers of the strand pelletizer industry. Although the lack of technical expertise in developing countries may pose hindrance to growth of strand pelletizer in developing countries. Geographically, Asia Pacific is the major market of the Strand Pelletizers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Coperion GmbH (Germany), Dover Corporation (United States), Bay Plastics Machinery, Adler S.r.l. (Italy), Yenchen Machinery Co, Ltd. (Taiwan), HMG Extrusions GmbH (Germany), Sterling (United States), Berlyn ECM, COLLIN Lab & Pilot Solutions GmbH (Germany) and Next Generation Recyclingmaschinen GmbH (Turkey) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Polmak Plastik (Turkey), Lunarmech Machinenfabrik Ltd. (India), Specific Engineering & Automats (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Strand Pelletizers market by Type (Wet Cut Strand Pelletizer, Dry Cut Strand Pelletizer and Pultrusion Machines), Application (Nylon, PET, ABS, HDPE, LDPE and Others) and Region.
On the basis of geography, the market of Strand Pelletizers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Operations , the sub-segment i.e. Manual will boost the Strand Pelletizers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel , the sub-segment i.e. Direct will boost the Strand Pelletizers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Dry Cut Strand Pelletizer Witnessing Huge Demand
Market Growth Drivers:
Lower Operating Costs Compared To Underwater Pelletizers and Rise of Polymer Industry as it is Major Driver of Polymer Pellet
Challenges:
Lack of Technical Expertise to Operate the Machinery in Developing Countries
Restraints:
Emergence of Disruptive Technological Alternative
Opportunities:
Pharmaceutical and Foods & Beverage Industry has created Demand
Market Leaders and their expansionary development strategies
In 2020, Endurance Overseas S.r.l., Italy based European Holding and Management Company announced acquisition of Adler S.p.A, who speacialise in manufacturing of Strand Pelletizers, Gears, Clutches and provide other engineering services. The acquisition will bolster Technical Portfolio of Endurance and help Adler expand its market outside Europe specifically India.
In 2020, Next Generation Recyclingmaschinen GmbH also known as NGR, which is Austria based engineering Products manufacturer has announced that it has helped a Finnish Company Woodly Ltd. by supplying a recycling system. The system could be used to produce plastic firm cellulose from recycled wood granules.
Key Target Audience
Strand Pelletizers Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.