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A service for waste management & recycling professionals · Saturday, February 4, 2023 · 615,175,223 Articles · 3+ Million Readers

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

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

/EIN News/ -- 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.

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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

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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

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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).

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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.

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