Surging Demand for Foam Densifiers from Recycling Centres to Bolster Sales, States Fact.MR

FACT.MR

New study by market research firm Fact.MR on the foam densifier market. Latest trends, forecasts, and competitive landscape analyzed.

Rockville, Dec. 09, 2022 (GLOBE NEWSWIRE) -- According to Fact.MR, market research and competitive intelligence provider, the global foam densifier market is estimated at US$ 195.7 million in 2023 and is expected to expand at a CAGR of 4.0% during the forecast years of 2023-2033.

Foam is extensively used in packaging, construction activities, and upholstery among others due to its several properties such as lightweight, moisture resistance, durability, insulation, and ability to be shaped in any form and size.

Europe has around 160 manufacturing sites that produce around 1.5 million tons of PU foam per annum, out of which about 50% is used in upholstered furniture, 10% in transportation, 35% in bedding, and the rest in other applications.

Download a Free Sample Copy of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=7981

Foam takes more than 500 years to degrade and is harmful to the environment. The recycling activities of foam have increased over the years to reduce waste and conserve raw materials. Increasing recycling activity will increase the demand for densifiers.

Key Takeaways from Market Study

• The global foam densifier market is projected to expand at a CAGR of 4.0% and be valued at US$ 289.4 million by 2033

• The market witnessed a 2.8% CAGR for the period of 2018-2022

• Germany dominates the European market with 25.0% market share in 2023

• The polystyrene segment is expected to be the crown of the market with a growth rate of 4.1% from 2023-2033

“Extensive recycling activities and the importance of densifiers in the recycling process will bolster the demand for foam densifiers,” says a Fact.MR analyst.

Segmentation of Foam Densifier Industry Research

By Material Type :

• Polystyrene

• Expanded

• Extruded

• Expanded Polyethylene

• Expanded Polypropylene

• Expanded Polyisocyanurate

• Polyurethane

• Others

By Compression System :

• Hydraulic

• Screw Drive

• Thermal

• Hybrid

By Capacity :

• <50Kg/h

• 50Kg/h-100Kg/h

• 100Kg/h-200Kg/h

• 300Kg/h-400Kg/h

• Above 400 Kg/h
  

By Country :

• Germany

• France

• UK

• BENELUX

• NORDIC

• Italy

• Spain

• Rest of Europe

Get Customization on this Report for Specific Research Solutions – https://www.factmr.com/connectus/sample?flag=RC&rep_id=7981

Market’s Key Stratagems

Market players for foam densifiers are relying more on organic strategies like increasing capacity and engaging in R&D to develop products that would increase their market share. The top foam densifier producers in the world use eco-friendly technologies and end-user-specific optimization techniques.

Key industry competitors are refocusing their efforts on luring in a new clientele by providing cutting-edge goods at affordable prices without sacrificing quality and robustness.

Key Companies Profiled:-

• Avangard Innovative

• Compactor Management Company

• Demand Products, Inc.

• INTCO Recycling

• Matrix Manufacturing

• Recycling Equipment Corporation

• RUNI A/S

• VITA RECYCLES

• Wedo Machinery
  

Explore Our Safe & Secure Payment Options for Quick Buy – https://www.factmr.com/checkout/7981

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global foam densifier 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 material type (polystyrene (expanded, extruded), expanded polyethylene, expanded polypropylene, expanded polyisocyanurate, polyurethane, others), compression system (hydraulic, screw drive, thermal, hybrid), and capacity (<50Kg/h, 50Kg/h-100Kg/h, 100Kg/h-200Kg/h, 300Kg/h-400Kg/h, above 400 Kg/h), across major countries of Europe (Germany, France, UK, BENELUX, NORDIC, Italy, Spain, Rest of Europe).

Check out more related studies published by Fact.MR Research:

Europe Plastic Micronizer Market: The Europe plastic micronizer market is set to enjoy a valuation of US$ 365 Million in 2023 and further expand at a CAGR of 3.4% to reach US$ 510 Million by the end of 2033.

Europe Reel Cutters Market: The Europe reel cutters market is set to enjoy a valuation of US$ 128 Million in 2023 and further expand at a CAGR of 4.3% to reach US$ 195 Million by the end of 2033.

Europe Recycling Vending Machine Market: The Europe recycling vending machine market size is set to reach US$ 360.4 million in 2023 and is projected to grow at a CAGR of 2.5% to reach US$ 460.1 million by the end of 2033.

Europe Hammer Mill Grinder Market: The Europe hammer mill grinder market is set to enjoy a valuation of US$ 97 Million in 2023 and further expand at a CAGR of 2% to reach US$ 118 Million by the end of 2033.

Europe Air Conditioning System Market: European air conditioning system sales are currently valued at US$ 29.8 billion and is estimated to reach US$ 56.3 Billion by the end of 2032. Over the next ten years, the Europe air conditioning system market is projected to register 6.5% CAGR and generate an absolute dollar opportunity of US$ 26.4 billion by the end of the forecast period.

About Us:

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction.

Specialties: Competition Tracking, Customized Research, Syndicated Research, Investment Research, Social Media Research, Business Intelligence, Industry Analysis, Thought Leadership.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Tel: +1 (628) 251-1583