About Melt Pump
Melt pump is also known as an accurate metering device that removes surging of the extruder screw, lowers backpressure and increases output. These pumps are widely used in applications such as PET sheets and rubber extrusion to recycling and compounding. These pumps are widely used in the extrusion process to maintain consistent pressure and throughput. Therefore, increasing demand from various end-user industries will expect to grow the melt pump market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Asian Manufacturers will contribute the maximum growth to Global Melt Pump market throughout the forecasted period. 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.
Nordson Corporation (United States), Witte Pumps Technology GmbH (Germany), Dover Corporation (United States), Coperion GmbH (Coperion Capital GmbH) (Germany), Zenith Pumps (Colfax Corporation) (United States), Kobe Steel, Ltd. (Japan), OC Oerlikon (Switzerland), Jay Shree Bahuchar Engineering Works (India), JCTIMES Company Limited (China) and Batte Machinery Zhengzhou Co., Ltd (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are IKV Shanghai Industry Co. Ltd (China), GMA Machinery Enterprise Co., Ltd (Taiwan), Pnh Melt Pump (India), MAAG Pump Systems Textron A.G. (Switzerland), Sonico Industries (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Melt Pump market by , Application (Extrusion, Recycling and Pelletizing and Compounding) and Region.
On the basis of geography, the market of Melt Pump 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 End Use Industry, the sub-segment i.e. Chemical will boost the Melt Pump market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. OEM will boost the Melt Pump market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Power, the sub-segment i.e. AC will boost the Melt Pump market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Extremely Popular in the Textile Industry for Accurate Measurement of Color Pigments, Dye and Bleach
Market Growth Drivers:
Increasing Demand from Plastic and Rubber Industry to keep the flow and Pressure of the Melt Polymer and Rising Demand from Processing Industries to handle full Range of Pressure, Volume, and Production
Challenges:
It Generates Very Loud Noise and Repairing of Melt Pump is Very Complex
Restraints:
High Cost of these Pumps
Opportunities:
Rising Adoption of this Pump from End-User Industries for Increasing the Production of Chemicals, Textiles, Food and Beverages
Market Leaders and their expansionary development strategies
In June 2019, Maag, a pioneer, and technology leader in the development and manufacturing of gear pumps and systems launched the new F-Series melt pump.
In September 2022, Sulzer launched new dewatering pumps for the smaller tasks. Used throughout mining and civil engineering schemes, dewatering pumps are vital to keeping projects running to time. For the day-to-day removal of water, Sulzer has completed its lineup of dewatering pumps with the launch of five new models for drainage and sludge applications.
Key Target Audience
Melt Pump Manufacturer, Raw Material Suppliers, New Entrants/Investors, Government Bodies, End-User Industries and Others
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.