Continuous Screen Changers Market REPORT OVERVIEW
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The global continuous screen changers market size is predicted to value at USD 195.7 million in 2021 and is projected to touch USD 293.42 million by 2031, exhibiting a Compound annual growth rate (CAGR) of 4.1% during the forecast period.
A machine that removes contaminants from the extrusion process of polymer without stopping it when a dirty screen has to be changed. It is employed in melting filtrating procedures where process interruptions can be expensive and where debris can quickly block screens. The profile and pipe, sheet and film, resin production, compounding, blow molding, nonwovens, specialty material markets, and extrusion processes use continuous screen changers. Having the proper screen changer for your material's filtration needs can mean the difference between making a profit and a loss when it comes to plastic extrusion. Your extrusion operation will run as efficiently as possible with no process interruptions due to higher productivity and less scrap.
The continuous screen changer machine filters the impurities during the process of polymer extrusion with no interruptions when a dirty screen needs to be replaced. There are three types of continuous screen changers: endless belt, dual bolt, and rotary disc. The continuous belt uses an indexed screen roll by the process-flow pressure, or hydraulically activated screen puller exerted on a melt plug. Screen and time differential pressure the control of the screen index in these cases. The rotary disc uses a filter disk coupled with the screen cavities in a ring pattern, and the dual bolt screen changers use two chambers of the bolt that help in altering the polymer flow.
COVID-19 Impact: Shut Down of Industries Due to Strict Laws Affected Growth Rate
The pandemic impacted every market and the machinery and equipment sector was also not an exception. The spread of COVID-19 resulted in stringent rules and guidelines to avoid the virus spread. These guidelines included shutting down the manufacturing industries, which affected the growth rate of the market. Disruption in manufacturing and supply chain was noticed. The workforce witnessed a downfall due to their health concerns. Even though the pandemic supplemented a majority of the workforce to work from their homes, the limited budget deemed the work rate. The demand for machinery and equipment witnessed a downfall due to low manufacturing and supply.
LATEST TRENDS
"Various Advantages of Products to Boost the Market Growth"
The continuous screen changers are widely used by the industries as they offer a number of advantages when compared to the dual bolt and rotary disc machines. These machines are smartly designed to make assembling easy and in addition to cleaning and maintenance. It has a minimum contact from metal to metal, which means less wear. It does not experience any drop in pressure during the screen change and resists the machine from jamming or leakages. Additionally, it offers low costs and consumable screen costs. These factors are projected to gain traction in the market and foster the continuous screen changers market growth.
Continuous Screen Changers Market Segmentation
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- By Type Analysis
By type, the market is segmented into the single piston and double piston.
- By Application Analysis
Based on application, the market is classified into plastic, resin, rubber, and others.
DRIVING FACTORS
"High Efficiency of the Product to Extend Market Growth"
The continuous screen changers are used for filtering the impurities in the process of polymer extrusion without disturbing the process when there is a need to change dirty screens. The process is not interrupted in the middle, which makes it an efficient machine and increases its adoption rate in various industries. It can filter high-precision plastic products. It enables continuous filtration without shutdown and resists high pressure. It is efficient to filter impurities from the plastic production stream after the melting of polymers.
"Rising Use of Plastics and Resins to Accelerate Product Demand"
Continuous screen changers are used in resins, rubber, plastics, and other industries. The use of resins, rubbers, and plastics is increasing consistently. The adoption of resin art is leading to higher consumption of resin which ultimately increases the demand for the product in the resin industry. Moreover, the use of plastics in the manufacturing of carrying bags and other materials results in higher demand for plastics. These factors are expected to surge the continuous screen changers market growth. Additionally, it is highly reliable, and thus the industries are forecasted to adopt the product rapidly and contribute to the growth of the continuous screen changers market.
RESTRAINING FACTORS
"Ban on Use of Plastics to Impede the Growth of the Market"
Stringent government laws and regulations to ban the use of plastics are forecasted to hamper the growth of the market. Plastics were widely used in the manufacturing of carrying bags, construction, textiles, electronics and electricals, and consumer products. After the stringent regulation on the use of plastic, the industry is anticipated to see a downfall in product demand. These factors are likely to impede the growth of the continuous screen changers market.
Continuous Screen Changers Market REGIONAL INSIGHTS
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"North America to Lead the Market Due To Rising Numbers of Business Hubs in the Region"
North America is anticipated to hold the maximum part of the continuous screen changers market share owing to the rising business hubs and industrialization in the region.
Asia Pacific is forecasted to show significant growth in the global market due to the steady adoption of advanced machines and equipment by the industries. The presence of India and China is forecasted to gain more investment opportunities to fulfill the potential demand.
KEY INDUSTRY PLAYERS
"Key Companies to Focus on Enhancing Products to Gain a Competitive Advantage"
The market consists of various-sized companies. The global players are emphasizing on adopting organic and inorganic strategies to consistently grow in the global market. The key companies are also focused on expanding their product portfolio by launching new products in the market. The competitors are likely to target various industries for enhancing their sales. The competitors emphasize on research and development of the chemical to launch other advanced products. The manufacturers are focused on increasing the sustainability and cost of the product. The key competitors are striving for various growth strategies to gain market share.
List of Market Players Profiled
- Nordson (U.S.)
- Maag (Switzerland)
- JC Times (China)
- Gneuss (U.S.)
- Parkinson Technologies (U.S.)
- PSI (U.S.)
- Erema (Germany)
- HITECH (India)
- CROWN (India)
- Anji Plastic (China)
- Plasmac (India)
- Trendelkamp (U.S.A.)
- Alpha Marathon (U.S.)
- Batte Mechanical
- ECON
REPORT COVERAGE
The report offers a comprehensive analysis of the market based on various aspects such as:
- Emerging trends which are anticipated to foster market growth.
- Factors expected to drive maximum growth.
- Various growth opportunities coupled with the emerging trends.
- Factors that may limit the market growth.
- Key players and their headquarters.
- An in-depth analysis of the market segments is provided in the report.
The report comprises all possibly includable aspects to offer an in-depth analysis of the market. The study provides precise data on market insights. It provides an examination of a competitive advantage that is thought to be important for the development of business strategy. The paper outlines several avenues for the sector's expansion and development.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 195.7 Million in 2021 |
Market Size Value By |
US$ 293.42 Million by 2031 |
Growth Rate |
CAGR of 4.1% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Segments Covered |
Types & Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the continuous screen changers market expected to touch by 2031?
Based on our research, the continuous screen changers market is projected to touch USD 293.42 million by 2031.
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What CAGR is the market expected to exhibit by 2031?
The continuous screen changers market is expected to exhibit a CAGR of 4.1% by 2031.
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What are the segments of the continuous screen changers market?
By type, the market is segmented into single piston and double piston. Based on application, the market is classified into plastic, resin, rubber, and others.
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Which are the driving factors of the continuous screen changers market?
High efficiency of the product to extend market growth and the rising use of plastics and resins to accelerate product demand are the factors driving the continuous screen changers market.
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Which are the top companies operating in the continuous screen changers market?
Nordson, Maag, JC Times, Gneuss, Parkinson Technologies, PSI, Erema, HITECH, CROWN, Batte Mechanical, Anji Plastic, Plasmac, Trendelkamp, ECON, and Alpha Marathon are the top companies operating in the continuous screen changers market.