Market Overview:
The Global Strand Pelletizers Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for plastic pellets from various end-use industries, such as automotive, packaging, and construction. In terms of type, the wet cut strand pelletizer segment is projected to grow at a higher CAGR than the dry cut strand pelletizer segment during the forecast period. This can be attributed to its ability to produce high-quality pellets with less dust and fines formation as compared to dry cut strand pelletizers. Based on application, nylon is projected to be the fastest-growing segment in terms of value during the forecast period.
Product Definition:
A strand pelletizer is a machine used to make small pellets from a large chunk of plastic. The importance of strand pelletizers is that they create an even, consistent size for the pellets, which makes them more efficient when being melted down and reused.
Wet Cut Strand Pelletizer:
Wet cut strand pelletizer is a new technology that has been developed to overcome the limitations of dry cut strand pelletizer. In the wet process, instead of using water as in case of dry process, this device uses oil as a cutting fluid which helps in providing even and smooth surface for the product produced. This innovation has helped companies to produce high quality products with less wastage and also helps them to reduce their production cost by reducing downtime during processing.
Dry Cut Strand Pelletizer:
Dry cut strand pelletizer is a new technology that has been developed to make the process of manufacturing high-quality carpets easy and effective. The product consists of several parts including base, auger, screen, shaker cup and cleaning brush. It works by cutting the carpet into small pieces which are then vacuumed up and put into a machine for grinding again. This process continues until all the required carpet fibres are obtained.
Application Insights:
The nylon application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Nylon is extensively used in manufacturing hosierpelletizers, which are further used for making carpets and rugs. The growth of this end-use industry can be attributed to increasing consumer spending on home furnishing products, such as carpets and rugs, thereby supporting product demand globally.
PET was the second largest application segment in 2017 owing to its growing consumption for manufacturing bottles that are used across various end-use industries including beverages and pharmaceuticals among others. PET has excellent barrier properties against oxygen & water vapor which makes it suitable for packaging soft drinks where high quality & durability are required along with low production cost compared to other plastics like polyethylene terephthalate (PET) or polypropylene (PP).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for consumer goods, infrastructure development, and manufacturing of automotive components as well as other industrial goods.
The growth in emerging economies such as China and India has led major players in the industry either through capacity expansion or by acquisition have increased their production capacities significantly which has resulted into high demand for strand pelletizers globally. For instance, In January 2016, SANY Group entered into a joint venture with Shanghai Zhenhua Heavy Industries Co., Ltd., with an aim to manufacture strand-pelletized polyurethane foam (SPF) machinery & equipment mainly used for mining industry applications across various countries including China, Australia, Indonesia among others.
Growth Factors:
- Increasing demand from the paper and pulp industry for Strand Pelletizers to improve production efficiency.
- Growing demand for Strand Pelletizers in developing countries due to increasing industrialization and modernization.
- Technological advancements in Strand Pelletizers that improve performance and reduce operating costs.
- Rising prices of raw materials used in the manufacturing of Strand Pelletizers, which encourages companies to invest in this technology to optimize their production processes and reduce costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Strand Pelletizers Market Research Report
By Type
Wet Cut Strand Pelletizer, Dry Cut Strand Pelletizer
By Application
Nylon, PET, ABS, HDPE, LDPE, PP, Others
By Companies
Coperion, Bay Plastics Machinery, Lunarmech, MAAG, Adler Srl, Berlyn ECM, CROWN CDL Technology, Yenchen Machinery, Sterlco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Strand Pelletizers Market Report Segments:
The global Strand Pelletizers market is segmented on the basis of:
Types
Wet Cut Strand Pelletizer, Dry Cut Strand Pelletizer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Nylon, PET, ABS, HDPE, LDPE, PP, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Coperion
- Bay Plastics Machinery
- Lunarmech
- MAAG
- Adler Srl
- Berlyn ECM
- CROWN CDL Technology
- Yenchen Machinery
- Sterlco
Highlights of The Strand Pelletizers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wet Cut Strand Pelletizer
- Dry Cut Strand Pelletizer
- By Application:
- Nylon
- PET
- ABS
- HDPE
- LDPE
- PP
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Strand Pelletizers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A strand pelletizer is a type of pelletizer that breaks down large pieces of material into small pellets. This makes it easier to process the material and produce products such as pellets for fuel, animal feed, plastics, and other materials.
Some of the major companies in the strand pelletizers market are Coperion, Bay Plastics Machinery, Lunarmech, MAAG, Adler Srl, Berlyn ECM, CROWN CDL Technology, Yenchen Machinery, Sterlco.
The strand pelletizers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Strand Pelletizers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Strand Pelletizers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Strand Pelletizers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Strand Pelletizers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Strand Pelletizers Market Size & Forecast, 2018-2028 4.5.1 Strand Pelletizers Market Size and Y-o-Y Growth 4.5.2 Strand Pelletizers Market Absolute $ Opportunity
Chapter 5 Global Strand Pelletizers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Strand Pelletizers Market Size Forecast by Type
5.2.1 Wet Cut Strand Pelletizer
5.2.2 Dry Cut Strand Pelletizer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Strand Pelletizers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Strand Pelletizers Market Size Forecast by Applications
6.2.1 Nylon
6.2.2 PET
6.2.3 ABS
6.2.4 HDPE
6.2.5 LDPE
6.2.6 PP
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Strand Pelletizers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Strand Pelletizers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Strand Pelletizers Analysis and Forecast
9.1 Introduction
9.2 North America Strand Pelletizers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Strand Pelletizers Market Size Forecast by Type
9.6.1 Wet Cut Strand Pelletizer
9.6.2 Dry Cut Strand Pelletizer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Strand Pelletizers Market Size Forecast by Applications
9.10.1 Nylon
9.10.2 PET
9.10.3 ABS
9.10.4 HDPE
9.10.5 LDPE
9.10.6 PP
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Strand Pelletizers Analysis and Forecast
10.1 Introduction
10.2 Europe Strand Pelletizers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Strand Pelletizers Market Size Forecast by Type
10.6.1 Wet Cut Strand Pelletizer
10.6.2 Dry Cut Strand Pelletizer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Strand Pelletizers Market Size Forecast by Applications
10.10.1 Nylon
10.10.2 PET
10.10.3 ABS
10.10.4 HDPE
10.10.5 LDPE
10.10.6 PP
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Strand Pelletizers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Strand Pelletizers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Strand Pelletizers Market Size Forecast by Type
11.6.1 Wet Cut Strand Pelletizer
11.6.2 Dry Cut Strand Pelletizer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Strand Pelletizers Market Size Forecast by Applications
11.10.1 Nylon
11.10.2 PET
11.10.3 ABS
11.10.4 HDPE
11.10.5 LDPE
11.10.6 PP
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Strand Pelletizers Analysis and Forecast
12.1 Introduction
12.2 Latin America Strand Pelletizers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Strand Pelletizers Market Size Forecast by Type
12.6.1 Wet Cut Strand Pelletizer
12.6.2 Dry Cut Strand Pelletizer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Strand Pelletizers Market Size Forecast by Applications
12.10.1 Nylon
12.10.2 PET
12.10.3 ABS
12.10.4 HDPE
12.10.5 LDPE
12.10.6 PP
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Strand Pelletizers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Strand Pelletizers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Strand Pelletizers Market Size Forecast by Type
13.6.1 Wet Cut Strand Pelletizer
13.6.2 Dry Cut Strand Pelletizer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Strand Pelletizers Market Size Forecast by Applications
13.10.1 Nylon
13.10.2 PET
13.10.3 ABS
13.10.4 HDPE
13.10.5 LDPE
13.10.6 PP
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Strand Pelletizers Market: Competitive Dashboard
14.2 Global Strand Pelletizers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coperion
14.3.2 Bay Plastics Machinery
14.3.3 Lunarmech
14.3.4 MAAG
14.3.5 Adler Srl
14.3.6 Berlyn ECM
14.3.7 CROWN CDL Technology
14.3.8 Yenchen Machinery
14.3.9 Sterlco