Vacuum Loaders Market,: Upcoming Trends, Incredible Possibilities, Business Oppo
Posted by sachi kaushik on March 22nd, 2021
As plastics are finding usefulness in numerous industries such as construction, infrastructural development, electrical and electronics, and transport, plastic-based products are thriving around the world. With the growth of this industry, the number of companies manufacturing vacuum loaders is also rising. Speciality plastics, which are gaining traction, will also require vacuum loaders in their manufacturing processes.
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The spread of COVID-19 brought with it a drop in demand vacuum loaders. The pandemic led to a drop of over US$ 5.7 Mn when compared to the previous projection for the year 2020. However, the growth trajectory will normalize over 2021-22. On the whole, the global vacuum loaders market is valued at around US$ 118 million in 2020, and is anticipated to reach nearly US$ 200 million by 2030-end.
Key Takeaways from Vacuum Loaders Market Study
“In developing economies, rental and 2nd-hand services for vacuum loaders are gaining huge attention. Vacuum loader manufacturers can gain higher profits by directly providing these services to their customers,” says a Fact.MR analyst.
Product Differentiation through R&D Aiding Market Expansion
Key players in the market are Motan Colortronic Limited, Piab Ab, Coperion GmbH, Jenco and KOCH-TECHNIK, Conair Group, NOVATEC, Inc., Cyclonaire, and Pahwa Group. Some of the recent developments in this space include:
Find More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global vacuum loaders market, presenting historical demand data (2015-2019) and forecast statistics for the period of (2020-2030). The study divulges essential insights on the basis of material (carbon steel and stainless steel), throughput (up to 150 lb/hr, (150 - 500) lb/hr, (500 - 750) lb/hr and over 750 lb/hr), loading (single material loading ratio loading), loader motor type (brushless and brush type), phase (single phase and three phase), material transferred (powdered and granulated), and end use (plastic processing, pharmaceuticals, and food processing), across 7 regions of the world.
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About the Authorsachi kaushik
Joined: January 19th, 2021
Articles Posted: 120
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