Rockville, Jan. 16, 2023 (GLOBE NEWSWIRE) -- According to Fact.MR, market research and competitive intelligence provider, Europe’s agglomeration machine market is estimated at US$ 215.0 million in 2023 and is expected to expand at a CAGR of 3.7% during the forecast years of 2023-2033.

The agglomeration machine can make it easier to recycle thin-walled polymers. It is widely used in the plastic and scrap recycling industries because it offers an effective method for recycling thin polymers. Agglomerators can be used to dry and densify materials.

Additionally, an agglomeration machine is employed as a means of reducing the amount of plastic waste that is being produced. For instance, Plastic agglomeration machines are necessary as machine breaks plastic into manageable pieces for handling, and processing, additionally, provides raw materials to a range of end-use industries, such as the automotive and aerospace sectors. Numerous private firms have invested in plastic collection and recycling to support the increasing sales of plastic agglomeration equipment due to the growing market demand for recycled plastic.

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Furthermore, various designs of agglomeration machine series are available on the market which can be employed according to the property of plastic whether it is carrying PVC or LDPE or others. Agglomerator machines are used in a variety of applications, including hot recycling plants, asphalt mixing plants, asphalt tanks, and material mixing equipment.

Key Takeaways from Market Study

“Agglomeration machines are expected to be in high demand as a result of increasing demand for recycled plastic material due to government’s sustainable future initiatives,” says a Fact.MR analyst.

Segmentation of Agglomeration Machine Industry Research

By Throughput Rate :

By Use Case :

By Country :

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Market’s Key Stratagems

Players of agglomeration machines are focusing on offering recyclers with innovative technology that is robust and safer and can recycle a large amount of plastic in lesser time.

Manufacturers are focusing on the efficiency of the machine and offer machines that require less manpower to complete the work. Key players in the market are shifting their focus towards attracting a newer customer base by offering innovative products at a competitive price without compromising on quality and durability.

Key Companies Profiled

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of Europe’s agglomeration machine market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of throughput rate (Upto 150 kg/hrs, Upto 200 kg/hrs, Upto 250 kg/hrs, Upto 300 kg/hrs, and 300+ kg/hr), and use case (Polymer Films, Polymer Fiber, Polymer foam, textile waste, synthetic rubber, and others), across major countries of Europe (Germany, France, UK, BENELUX, NORDIC, Italy, Spain, Rest of Europe).

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