Beside-the-Press Granulators are granulators that are designed to be placed right beside an injection molding machine, so that plastic parts can be quickly and efficiently granulated as they are ejected from the machine. This type of granulator is ideal for high-volume production, as it helps to reduce waste and keep production costs low.
Market Drivers
The key driving factors of global Beside-the-Press Granulators market include the increasing demand for plastic products, the growing need for recycling of plastic waste, and the rising demand for energy efficient granulators.
Increasing Demand for Plastic Products: The increasing demand for plastic products, such as packaging materials and consumer goods, is driving the growth of the global Beside-the-Press Granulators market. Plastic products are widely used in various industries, such as automotive, food and beverage, and medical, due to their durability, low cost, and lightweight properties. This has created a surge in the demand for plastic products, which is driving the demand for granulators.
Growing Need for Recycling of Plastic Waste: The increasing awareness of environmental issues has led to a growing need for recycling of plastic waste. Beside-the-Press Granulators are used to reduce the size of plastic waste and make it easier to recycle. This is driving the demand for granulators in the global market.
Rising Demand for Energy Efficient Granulators: The rising demand for energy efficient granulators is also driving the growth of the global Beside-the-Press Granulators market. Granulators are used to reduce the size of plastic waste and make it easier to recycle. Energy efficient granulators are becoming increasingly popular due to their ability to reduce energy consumption and lower operational costs. This is driving the demand for energy efficient granulators in the global market.
Market Challenges
Intense Competition: The global Beside-the-Press Granulators market is highly competitive due to the presence of numerous established players. These players are continuously investing in research and development activities to introduce innovative products in the market. This is creating a stiff competition among the players and making it difficult for the new entrants to gain a foothold in the market.
High Cost of Raw Materials: The cost of raw materials used for manufacturing Beside-the-Press Granulators is quite high. This is further increasing the cost of the products, thus making it difficult for the manufacturers to offer competitive pricing.
Technical Limitations: Beside-the-Press Granulators are used in a wide range of industrial applications. However, due to the technical limitations of the machines, they are not suitable for all applications. This is limiting the scope of the market.
Regulatory Framework: The Beside-the-Press Granulators market is subject to stringent regulations. Governments are introducing new regulations to ensure the safety of the workers and the environment. This is making it difficult for the manufacturers to comply with the regulations, thus hampering the growth of the market.
Covid-19 Impact Anaysis
The COVID-19 pandemic has had a significant impact on the global beside-the-press granulators market. The outbreak of the virus has caused disruptions in the production and supply chain of the market, leading to a slowdown in the demand for the product. In addition, the lockdown imposed by the governments of various countries has further hindered the production and supply of these granulators. Furthermore, the pandemic has caused a decrease in the number of customers and orders, leading to a decrease in the revenue of the market.
However, the market is expected to gradually recover as the pandemic situation improves and the restrictions are eased. The market is likely to gain momentum as manufacturers and suppliers are beginning to resume production and supply of the product. The market is also expected to benefit from the increasing demand from the healthcare sector, as the need for medical equipment and supplies has increased significantly during the pandemic. In addition, the increasing demand for granulators from the food and beverage industry is also likely to drive the growth of the market.
Global Beside-the-Press Granulators Market Segmentation
The segment analysis chapter provides information on the different sub-segments of the market. The chapter provides an in-depth analysis of the market segments and year-on-year growth projections that enable readers to identify potential market growth areas.
- Based on type, the global beside-the-press granulators market is segmented into below 50l, 50l to 100l, above 100l.
- Based on application, the beside-the-press granulators market is segmented into plastic recycling, rubber recycling, others.
Global Beside-the-Press Granulators Market Regional Analysis
The market analysis report includes a comprehensive analysis of the beside-the-press granulators market by region and country. The regional and country-specific insights provided in the report are valuable for market competitors to make informed decisions about their business strategy. The individualized, country-wise, and segment-wise analyses allow readers to explore the potential of the market in different geographic areas. This section is crucial for understanding the year-on-year growth projections and global market share value, making it an essential part of the report.
Beside-the-Press Granulators Market, by Region
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
Global Beside-the-Press Granulators Market Competitive Analysis
The report also features a competitive analysis section that includes a detailed company shares analysis, a list of mergers, acquisitions, and collaborations, as well as information on the introduction of new products to the market. Some of the prominent players in the market are ACS GROUP, AEC, Compactors Inc, Conair Group, Cumberland, HLJX, Herbold USA, Renmar, Shini USA, Sterling, Wittmann Battenfeld.
Reasons for Doing this Study
- To gain insights into the current market trends and opportunities in the global Beside-the-Press Granulators market.
- To identify and analyze the key market drivers, challenges, and opportunities.
- To understand the competitive landscape and identify potential growth opportunities.
- To assess the product and technology trends in the global Beside-the-Press Granulators market.
- To understand the regional dynamics and market potential of different regions.
- To understand the pricing dynamics and market size of the global Beside-the-Press Granulators market.
