Category: Business

Boiler water treatment chemicals are specialty chemicals used to prevent corrosion and scale formation in boilers, and to ensure the efficient and safe operation of boiler systems. The chemicals are used in various industries such as power generation, oil and gas, chemical processing, and pulp and paper, among others. The global boiler water treatment chemicals market is driven by factors such as increasing demand for energy, the need for efficient and sustainable boiler operation, and growing industrialization in emerging economies. The market is segmented by type, with the major segments being oxygen scavengers, scale inhibitors, pH adjusters, and others.

The power generation industry is the largest end-user of boiler water treatment chemicals, where the chemicals are used to ensure efficient and safe operation of boilers and to prevent corrosion and scale formation. The oil and gas industry is also a significant end-user of boiler water treatment chemicals, as the chemicals are used in steam generation and in other processes such as enhanced oil recovery. The Asia-Pacific region is the largest market for boiler water treatment chemicals, driven by the growing industrialization in countries such as China and India, and the increasing demand for energy in the region. The market in North America and Europe is also significant, driven by the presence of mature industrial sectors and strict environmental regulations.

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Key Takeaways from Market Study

1. The global boiler water treatment chemicals market is growing due to the increasing demand for energy and the need for efficient and sustainable boiler operation.
2. The market is segmented by type, with the major segments being oxygen scavengers, scale inhibitors, pH adjusters, and others.
3. The power generation industry is the largest end-user of boiler water treatment chemicals, followed by the oil and gas industry and other industrial sectors.
4. The Asia-Pacific region is the largest market for boiler water treatment chemicals, driven by the growing industrialization in countries such as China and India.
5. The key players in the market include BASF SE, Ecolab Inc., Solenis LLC, Kemira Oyj, SUEZ SA, Veolia Environnement S.A., and Kurita Water Industries Ltd.

Competitive Analysis

• In order to boost its standing as a pioneer in water treatment chemicals, Veolia Water Technologies UK acquired Biochemica Water Ltd. in February 2020.
• U.S. Water Services Inc., a business that sells and manufactures water treatment chemicals, was acquired by Kurita in February 2019.
• In January 2019, Solenis announced that the merger with the wet-end “Paper and Water Chemicals” division of BASF SE had been completed. The new business, Solenis, will be able to serve more industrial clients by supplying larger quantities of chemical solutions.
• In October 2017, WaterBridge Ventures declared that the acquisition of Arkoma Water Resources, LLC had been successfully completed. The company’s current product line for water treatment, which includes produced water, transportation pipeline, supply water, and SWD infrastructure operations, is enhanced significantly by this acquisition.

Key Companies Profiled

• BASF
• Arkema
• Ecolab
• Kemira
• Solenis
• Suez
• Kurita Water Industries
• Chemtreat
• Thermax

• Veolia Water Technologies

The market for p-phenylenediamine through the use of dyes and pigments dominated the market in 2021 and is expected to grow at a CAGR of 3.9% from 2022 to 2032.This research report examines the impact of the COVID-19 pandemic on the global p-Phenylenediamine market, along with accurate estimations of supply chain analysis, market size, and significant organisations.

The market structure in the P-Phenylenediamine sector study is based on a thorough analysis of current trends and the leading vendors. Overall, the study would give consumers who are forward-thinking and looking to succeed in the P-Phenylenediamine market crucial demand information. Based on current and projected trends, it is expected that demand will increase in each of these market segments over the course of the projection period.

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How Growing Demand for P-Phenylenediamine in Rubber manufacturing is fuelling the market growth?

P-phenylenediamine is an aniline-subordinate natural substance. P-phenylenediamine is gaining acceptance in elastic assembly as a result of its key properties, which include high-temperature security, material and electric resistance, and high strength, which is boosting the market.

Composites, polymers, elastic synthetic materials, aramid filaments, and colourants for materials are all made with p-phenylenediamine. It is used in dermatitis indicative fix testing because of its remarkable skin-sharpening properties. It is frequently used in the assembly of elastic materials due to its safety at high temperatures, resistance to electricity and synthetic materials, and exceptional strength.

Due to oxygen’s ozone content, elastic breaking from flexing and oxygen is a serious issue for the elastic industry. As a result, antiozonants, also known as p-phenylenediamine derivatives, have been developed to aid in blocking the effects of ozone on elastic and stop them from breaking.

Key Companies Profiled

• Alfa Aesar
• Anhui Xianglong Chemical Co. Ltd
• BOC Sciences
• CHEMOS GmbH & Co. KG
• Chizhou Fangda Technology Co. Ltd
• DuPont
• Jay Organics Pvt. Ltd.
• Jayvir Dye Chem
• Jiangsu Xinyu Bio-Tech Co. Ltd
• LANXESS
• Quzhou Rui Chemical Co. Ltd
• Suzhou Rosen Additives Co. Ltd
• TBI CORPORATION LTD

Primary and secondary testing methods are used to create market analyses in order to better understand the client’s requirements. As a result, the global P-Phenylenediamine market study assesses the relative competitiveness of the key segments during the forecasting stage.

The analysis creates divisions between the global economy based on geography, technology, and deployment. The report would also contain vital demand information that would give customers a competitive edge in the global P-Phenylenediamine market.

The market for dental adhesives is expected to reach US$2.86 billion by 2023. By the end of 2033, the demand for dental adhesives is projected to grow at a CAGR of 7.5% and reach a market value of US$5.89 billion. The Dental Adhesives Market refers to the market for adhesives used in dentistry for bonding various dental materials, such as composites, ceramics, and metal alloys, to teeth and gums. These adhesives are used in various dental procedures, such as fillings, crowns, bridges, and orthodontic treatments

Dental adhesives, a type of dental cement, are used to join or bind restorations, like fixed bridges and crowns, and to further restrict their displacement. These adhesives can also be used to attach the orthodontic brackets that are used in braces. The increased prevalence of dental issues worldwide is one of the major drivers of the dental adhesives market’s expansion. Market expansion is being driven by the widespread use of dental adhesives for dental restorations and the rise in popularity of cosmetic dentistry.

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Key Takeaways from Market Study

• Global demand for dental adhesives is expected to increase at a CAGR of 7.5% from 2023-2033.
• China’s market is predicted to expand at a CAGR of 12% during the projected period.
• Sales of pit & fissure sealants are expected to surge at a CAGR of 8% during the forecast period.
• Demand for denture adhesives is predicted to expand at a CAGR of 7% during the next 10 years.

Winning Strategy

The dental adhesives market is moderately competitive with the presence of major market players. The leading manufacturers are highly investing in R&D for the advancements of products and services.

• Together with Ultradent Items, Inc., American Orthodontics announced in January 2021 that it would serve as the sole supplier of products for orthodontists in the United States under the Opal Orthodontics brand.
• In October 2021, Aspen Dental Management made a statement announcing their partnership with SprintRay. According to the terms of the agreement, SprintRay will make its 3D printing technology available to Aspen Dental locations in 45 different American states.

Key Companies Profiled

• 3M Company
• Bisco Dental Products, Inc.
• Danaher Corporation
• Dentaid
• Dentsply Sirona Inc.
• Detax GmbH & Co. Kg
• GC Corporation
• Glaxosmithkline PLC (GSK)
• ICPA Health
• Ivoclar Vivadent AG
• Kuraray Noritake Dental Inc.
• Mediclus Co. Ltd.
• Pentron Clinical
• Procter & Gamble Co. (P&G)
• Pulpdent Corporation
• Shofu Dental Corporation
• Sun Medical Co., Ltd.
• Tokuyama Dental Corporation Inc.
• Ultradent Products, Inc.

• Voco GmbH

the market for polyvinylpyrrolidone (PVP) was estimated to be worth US$ 2.5 billion. By the end of 2033, it is expected to have grown at a CAGR of 6.6% and be worth US$ 4.8 billion. The Polyvinylpyrrolidone (PVP) Market refers to the market for the polymer Polyvinylpyrrolidone, which is also known as Povidone. PVP is a water-soluble polymer that is used in a wide range of applications, such as pharmaceuticals, cosmetics, food, and industrial products. The global PVP market is expected to grow at a steady rate in the coming years, driven by factors such as increasing demand for pharmaceuticals and personal care products, the growing popularity of natural and organic cosmetics, and the rise of industrial applications for PVP.

Offerings in this industry can lead to employment in a variety of fields, including show management, retail, appropriation, and item manufacturing. Fact.In order to present multiple assessments and forecasts for the Polyvinylpyrrolidone (PVP) market demand on a global and regional basis, MR examiners used extensive essential and selective exploration.

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Segmentation of PVP Industry Research

• By Form :
  • Liquid
  • Powder
• By Grade :
  • Copovidone
  • Crospovidone
  • Others
• By Application :
  • Fibers
    • Hydrophilicity Improvers
    • Anti-Static Agents
    • Dye Stripping
    • Pigment Dispersants
    • Others
  • Adhesives
  • Protective Colloids
    • Viscosity Modifiers
    • Particle-size regulators
    • Suspending agents
  • Films
    • Printability Improvers
    • Anti-Fogging Agents
    • Adhesiveness Improvers
    • Others
  • Oil / Gas Fields
    • Fluid Loss Control
    • Drilling Fluid Additives
    • Gas Hydrate Preventers
  • Others
    • Wood Plastic Composites
    • Ink Removal in Recycling Paper
    • Anti-Redeposition Agents
    • Binders for Battery Electrodes
    • Colorant Receptors
    • Others
• By End-use Industry :
  • Textiles
  • Pulp & Paper
  • Oil & Gas
  • Electrical & Electronics
  • Cosmetics
  • Pharmaceuticals
  • Food & Beverages
  • Others
• By Region :
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA

competitive landscape

The main manufacturers of polyvinylpyrrolidone are Ashland, BASF SE, Boai NKY, Nanhang Industrial Co., Nippon Shokubai and Rahavard Tamin Pharmaceuticals Co.

Market participants focus on providing products in environmentally friendly packaging to meet the needs of both customers and the environment. Additionally, long-term business relationships with raw material suppliers and distributors and improved digital presence will provide lucrative growth opportunities for market players.

• In April 2021, Ashland acquired the personal care business of Schulke and Mayr GmbH. This strategic move will help Ashland strengthen its product portfolio and strengthen its consumer business portfolio.

Key Companies Profiled

• Ashland
• BASF SE
• Boai NKY
• Nanhang Industrial Co. Ltd.
• Nippon Shokubai

• Rahavard Tamin Pharmaceutical Co.

The estimated market value for sterile medical packaging worldwide in 2023 is US$44.22 billion. By the end of 2033, sales of sterile medical packaging materials are projected to grow globally at a CAGR of 7%, reaching US$ 86.99 billion. The sterile medical packaging market is a growing segment of the healthcare packaging market, which includes products used for the containment, protection, and transportation of medical devices and pharmaceuticals that require a sterile environment. Sterile medical packaging is designed to prevent contamination of the contents by microorganisms, and to ensure the safety and efficacy of the products.

The market for sterile medical packaging is driven by several factors, such as the increasing demand for healthcare services, the growing aging population, and the increasing prevalence of chronic diseases. These factors are leading to an increase in the demand for medical devices and pharmaceuticals, which in turn is driving the growth of the sterile medical packaging market. Sterile medical packaging can be classified into several types, such as pouches, bags, trays, and containers. Pouches and bags are widely used for small medical devices and pharmaceuticals, while trays and containers are used for larger devices and products. Sterile medical packaging can also be made of various materials, such as plastics, paper, and metals

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Key Takeaways from Market Study

• Global demand for sterile medical packaging solutions is expected to increase at a CAGR of 7% from 2023-2033.
• China’s market is predicted to expand at a CAGR of 12% during the projected period.
• Sales of plastic sterile medical packaging materials are expected to rise at a CAGR of 8% during the forecast period.
• Demand for glass sterile medical packaging materials is predicted to increase at a CAGR of 7% during the next 10 years.

Winning Strategy

The market for sterile medical packaging is moderately competitive due to the presence of major companies. Leading companies invest heavily in R&D to improve their tools and processes. Leading market players are also using a variety of strategies, including mergers and acquisitions, new product launches, and so forth.

• In 2019, Huhtamaki plans to release their PeelGrid sterile packaging solution. This item has two uses: as a pouch and a lidding film. PeelGrid acts as a defence against air and microbes.

Key Companies Profiled

• Bemis Co., Inc.
• DowDuPont, Inc.
• Oracle Packaging
• Placon Corporation
• Riverside Medical Packaging Co., Ltd.
• SteriPack Group
• West Pharmaceutical Services, Inc.
• Wipak Oy

Key Questions Covered in the Sterile Medical Packaging Market

1. What is sterile medical packaging and what are its various types?
2. What are the drivers and challenges in the sterile medical packaging market?
3. What are the major materials used for sterile medical packaging and how do they compare in terms of performance and reliability?
4. Who are the key players in the sterile medical packaging market and what are their market shares?
5. What is the market size and growth rate of the sterile medical packaging market, and what are the key factors driving this growth?
6. Which geographic regions are the major markets for sterile medical packaging and what are the trends and opportunities in these regions?
7. What are the regulatory requirements for sterile medical packaging and how are they impacting the market?
8. What are the emerging trends and technologies in the sterile medical packaging market, and how are they expected to shape the future of the industry?
9. What are the competitive landscape and market dynamics of the sterile medical packaging market, and what strategies are companies adopting to stay competitive?

10. What are the future prospects and opportunities for growth in the sterile medical packaging market, and what factors are likely to drive this growth?

The recovered carbon black (rCB) market refers to the industry involved in the production, distribution, and sale of carbon black that is recovered from various waste sources such as tires, plastics, and rubber. Recovered carbon black is an eco-friendly and sustainable alternative to virgin carbon black, which is produced from fossil fuels and has a high environmental impact. The global recovered carbon black market is driven by the increasing demand for sustainable products and the growing concern for environmental sustainability. The market is segmented into different grades based on application, including tire, non-tire rubber, plastics, and inks & coatings.

The tire industry is the largest end-user of rCB, as it offers numerous benefits such as cost-effectiveness, low sulfur content, and high abrasion resistance. The non-tire rubber industry is also a significant user of rCB, where it is used in the production of conveyor belts, gaskets, hoses, and other rubber products. The plastics industry is also a growing user of rCB, where it is used in the production of pipes, packaging materials, and other plastic products. The recovered carbon black market is expected to grow significantly in the coming years, driven by the increasing demand for eco-friendly and sustainable products and the growing adoption of circular economy principles. The market is also likely to witness increasing investment in research and development, leading to the development of advanced rCB products with improved properties.

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Key Takeaways from Market Study

1. Recovered carbon black is a sustainable and eco-friendly alternative to traditional carbon black, with increasing demand from industries looking to reduce their environmental impact.
2. The tire industry is currently the largest end-user of rCB, but the non-tire rubber and plastics industries are also growing markets for the product.
3. The global rCB market is highly fragmented, with numerous small and medium-sized players operating in various regions.
4. Some of the major challenges faced by the rCB market include the lack of standardization in quality and the high capital costs involved in setting up production facilities.
5. The rCB market is expected to experience significant growth in the coming years, driven by increasing demand for sustainable products and the adoption of circular economy principles.
6. The market is likely to witness increasing investment in research and development, leading to the development of advanced rCB products with improved properties.
7. Government initiatives and regulations focused on sustainability and waste reduction are likely to drive demand for rCB in the coming years.
8. The Asia-Pacific region is expected to be the fastest-growing market for rCB, driven by the increasing demand from the tire industry and the growing adoption of sustainable practices in the region.
9. The key players in the market include Pyrolyx AG, Scandinavian Enviro Systems AB, Klean Industries Inc., and Black Bear Carbon BV.
10. The rCB market is still in its early stages and has significant growth potential, but it will require further investment in production infrastructure, quality standards, and research and development to reach its full potential.

Competitive Landscape

To guarantee a steady supply of the raw material for further processing, major producers of recovered carbon black are bolstering their local networks. In order to reach a large consumer base, strategies for cost optimisation of the purification process are also being used.

In order to meet the soaring demand, participants in the recovered carbon black market are also concentrating on expanding their production facilities. Major steps manufacturers have taken to outperform rivals in the global market include:

• Using Klean’s tyre recycling technology, Klean Industries launched two significant end-of-life tyre pyrolysis projects in Melbourne and Sydney in October 2022.
• Black Bear Carbon was able to raise EUR 7.8 million in June 2021 for the construction of its new flagship plant at the Chemelot Industrial Plant in the Netherlands, which will produce high-quality black carbon from used tyres.

Key Companies Profiled

• HOSOKAWA MICRON B.V
• Klean Industries Inc.
• Delta-Energy Group
• Scandinavian Enviro Systems AB
• Black Bear Carbon B.V.
• Hi Green Carbon
• ENRESTEC
• Bolder Industries Corporate
• SR2O Holdings, LLC
• DVA Renewable Energy JSC.
• Waverly Carbon Ltd,
• Recovered Carbon Black
• Alpha Carbone
• Strebl Green Carbon Pte Ltd.
• Mobius Enviro-Solutions Inc

• Dynamic Pyrolysis Ind. (Pvt.) Ltd.

According to Fact.MR analysis, the market for Europe Box Spreader in Europe is anticipated to reach US$ 361.9 million in 2023 and expand at a CAGR of 3.7% from 2023 to 2033. A box-spreader is a tool used to transport fertilizers, manure, building supplies, and other materials and spread them evenly for use in subsequent processes like seeding, construction, and other activities. The demand for the box spreader market is driven by the expanding agricultural needs brought on by an aging population and the expansion of the agritech sector.

Europe Box Spreader Market are devices used for lifting and handling shipping containers. They are commonly used in ports, warehouses, and logistics centers to move containers around. The European box spreader market is a mature market, with a large number of established players offering a range of products. The market is driven by factors such as increasing trade activities, the growth of the shipping industry, and the need for efficient container handling. The demand for box spreaders is also influenced by factors such as the size of the shipping containers, weight capacity, and the number of containers handled

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Key Takeaways from Market Study

• The Europe tanker spreader market is projected to expand at a CAGR of 2.8% and be valued at US$ 620.3 million by 2033
• The market witnessed a 2.3% CAGR for the period of 2018-2022
• Germany dominates the European market with a 25.0% market share in 2023.
• Europe tanker spreader market is anticipated to reach US$ 470.5 million in 2023
• Key market players include SAMSON AGRO, KAWECO, Peeters Group, Garant Kotte, and others
• France is estimated to project the highest CAGR of 3.4% during the forecast period from 2023 to 2033, followed by Germany in terms of growth rate

Market’s Key Stratagems

Manufacturers are focusing on establishing long-term trade relations with the end users to ensure growth during unfavorable trade situations. The market is witnessing growth enabling market titans to invest in technology to develop advanced machinery to cater to the needs of the end-users.

Key Companies Profiled

• SAMSON AGRO
• Peeters Group
• Garant Kotte
• BOSSINI S.R.L
• BAUER GmbH, Röhren- und Pumpenwerk
• Vredo Dodewaard B.V.
• Fliegl Agrartechnik GmbH
• Agrimat
• KAWECO

In addition, digital platforms assist in building brand recognition and enable companies to build an army of loyal customers through online, after-sales services and feedback analysis. Such measures ensure the market’s growth which in turn contributes to revenue growth.

The market size for tire shredders in Europe is anticipated to be US$ 454.9 million in 2023 and to reach US$ 680.9 million by the end of 2033, expanding at a CAGR of 4.1%. Tire recycling, which is done by independent aftermarket suppliers and tire producers, is one of the most well-liked developments in the automotive industry. The bulk tire must be broken down into smaller pieces or a granular form for ease of chemical processing in the next stage of tire recycling.

The tire shredder market in Europe is expected to experience significant growth in the coming years, primarily due to the increasing demand for recycled rubber in various applications. Tire shredders are used to shred tires into small pieces, which can be further processed into various products such as rubberized asphalt, playground surfaces, and other rubber products. One of the key drivers of the European tire shredder market is the growing concern over environmental pollution caused by waste tires. Recycling tires not only reduces environmental pollution but also helps conserve natural resources. Additionally, the implementation of stringent government regulations regarding waste management is also driving the demand for tire shredders in Europe

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Key Takeaways from Market Study

1. The European tire shredder market is expected to experience steady growth due to the increasing awareness about tire recycling and the implementation of strict regulations for waste tire management.
2. The market is highly fragmented with the presence of several small and large players. This creates intense competition, which in turn, drives innovation and technological advancements in the industry.
3. The demand for tire shredders is higher in developed countries due to the higher rates of tire disposal and the stricter regulations in place. However, developing countries are expected to present significant growth opportunities in the future.
4. Some of the key players in the European tire shredder market include ECO Green Equipment, SSI Shredding Systems, Inc., and Granutech-Saturn Systems. These companies are focused on expanding their product portfolio and improving their operational efficiency to stay competitive in the market

Competitive Landscape

The tire shredder market in Europe is highly competitive, with several established players as well as new entrants trying to gain market share. Some of the key players in the market include ECO Green Equipment, Weima, Genox Recycling Technology, Granutech-Saturn Systems, Eldan Recycling, and ZERMA. These companies offer a wide range of tire shredders with different features and capacities to cater to the varying needs of customers.

The market is also witnessing the emergence of new players, which is intensifying the competition. These new players are focusing on innovative technologies to improve the efficiency and performance of tire shredders, thereby increasing their appeal to customers. In addition, there is increasing demand for environmentally friendly tire shredders, which has led to the development of new shredding technologies that can recycle tires into reusable products such as rubber chips and crumb rubber.

Key Companies Profiled

• Enerpat Group
• Granutech-Saturn Systems
• SSI Shredding System
• Shred-Tech
• CM Shredder

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Key Questions Covered in the Europe Tire Shredder Market

1. What is the share of the most lucrative region in the global Enerpat Groupby the end of the forecast period?
2. Which is the most profitable product segments for most players?
3. Will top end-use industries continue to contribute sizable shares to the global Keyword market?
4. Which regulatory frameworks in developed markets will change the course of strategies by top international players?
5. Which microeconomic trends will be key to the expansion of new markets over the forecast period?
6. Which government policies can prove to be a game-changer for new entrants?
7. Which technology trends might disrupt the demand in key end-use industries?
8. Which application areas are most likely to see innovation in the near future?

9. What is the intensity of competition and degree of consolidation in market shares, and will these remain the same throughout the forecast period?

• It is predicted that the market for plastic recycling machines in Europe will be valued at US$ 450.3 million in 2023 and will grow at a CAGR of 3.7% to US$ 650.2 million by the end of 2033. The primary factor driving the growth of the European plastic recycling machine market is the increasing awareness about plastic waste management. The European Union has set ambitious goals to reduce plastic waste, which is driving the demand for plastic recycling machines in the region. Additionally, the rising demand for recycled plastic materials in various end-use industries, such as packaging, automotive, construction, and consumer goods, is also fueling the growth of the market
• Based on machine type, the European plastic recycling machine market is segmented into extruder, injection molding machine, and others. The extruder segment is expected to dominate the market during the forecast period due to its high efficiency in recycling different types of plastic materials. On the basis of application, the market is segmented into packaging, building & construction, automotive, textiles, and others. The packaging segment is expected to hold the largest share of the market due to the increasing demand for recycled plastic materials in the packaging industry
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• Key Takeaways from Market Study

1. The primary factors driving the growth of the market are the increasing awareness about plastic waste management and the rising demand for recycled plastic materials in various end-use industries.
2. The extruder segment is expected to dominate the market during the forecast period due to its high efficiency in recycling different types of plastic materials.
3. The packaging segment is expected to hold the largest share of the market due to the increasing demand for recycled plastic materials in the packaging industry.
4. The market is highly competitive, with several international and domestic players operating in the region.
5. Some of the key players in the market include EREMA Engineering Recycling Maschinen und Anlagen GmbH, Vecoplan AG, NGR Next Generation Recyclingmaschinen GmbH, AMUT GROUP, and STADLER Anlagenbau GmbH, among others.
6. The European plastic recycling machine market is expected to continue growing at a steady pace during the forecast period, driven by the rising demand for plastic recycling machines from various end-use industries.

• Key Stratagems by Market Players
• To satisfy the needs of the end user and increase their market share in order to achieve high profit margins, market players are implementing a variety of organic and inorganic strategies.
• technology customization and integration to support the market’s outlook for growth and help with revenue growth. Long-term business ties with the government and domestic plastic waste management facilities also help manufacturers maintain their position as market leaders.
• Key Companies Profiled
• GENIUS MACHINERY
• Aceretech Machinery Co., Ltd
• EREMA Engineering Recycling Maschinen und Anlagen Ges.m.b.H
• Next Generation Recyclingmaschinen GmbH
• Plastics Machinery Group International Ltd.
• POLYSTAR MACHINERY CO., LTD.
• Boston Matthews
• Herbold Meckesheim GmbH
• ZENO

• Lyndex Recycling Systems Limited

The harvester market is anticipated to grow at a CAGR of 22%, reaching US$32.94 billion in 2022 and US$240.61 billion by the end of the forecast period (2022-2032). The manufacturing and distribution of equipment for harvesting crops like wheat, corn, rice, and soybeans is referred to as the harvester market. Harvesters are typically self-propelled vehicles that collect and sort crops from the field using specialized attachments like a cutting head or reaper.

The agricultural machinery market, which also includes tractors, tillage tools, and irrigation systems, includes the harvester market as a significant subsegment. Harvester demand is closely related to global agricultural production because farmers need reliable, efficient machinery to collect their crops. Governmental directives, trade agreements, and technological developments all have an impact on the harvester market. For instance, the use of GPS technology and sensors in advanced harvester models has been made possible by the adoption of precision farming techniques, which has increased crop yields and decreased waste.

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Key Takeaways from the Market Study

• By product type, combine harvester market is expected to hold nearly 40% of the revenue share in 2022 and the segment is anticipated to record consistent development.
• By product, the trailed silage harvester segment is expected to capture 8% revenue share in 2022
• By sales channel, manufacturers are expected to dominate with more than 76% market share in 2022.
• The Europe harvester market size is projected to observe around 4.5% growth through 2032
• Asia Pacific is expected to possess 40% market share for harvester’s market.
• U.S., Canada, India and China will flourish at a CAGR of 67% combined until 2032

Market Competition

• John Deere & Company introduced the new FR27 Disc Saw Felling Head in September 2022. The business’s main priorities are expanding cutting and accumulating capacity.
• Agrifac Machinery B.V. announced a new dealership with AMC-TR in June 2021.
• The business intends to increase sales and after-sales of crop sprayers and beet harvesters through this dealership.

Major Harvester Service Providers

• AGCO Corporation
• Agrifac Machinery B.V.
• Alloway/Standard Industries Inc.
• ALIMA (Arnaud Freres)
• Argiles Maquinaria de Recolección
• CLAAS KGaA mbH
• CNH Industrial N.V
• Dep Agro Machineries Pvt. Ltd.
• Dewulf Group

• Energreen S.R.L