Melt Screen Changers Market Size, Share, Growth, and Industry Analysis, By Type (Continuous, Semi-Continuous, Discontinuous), By Distribution (Packaging, Electrical and Electronic, Building and Construction, Automotive, Fiber Industry, Others), Regional Insights and Forecast to 2031

Updated On: 22 April 2024

MELT SCREEN CHANGERS MARKET REPORT OVERVIEW

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The global melt screen changers market size was USD 232.6 million in 2020 and the market is projected to touch USD 297.3 million by 2027, exhibiting a CAGR of 3.6% during the forecast period.

The melt screen changers, which are an important component in the plastics manufacturing industry. During the production process, these devices are utilized to eliminate impurities and pollutants from molten polymers.

The market encompasses the industry that manufactures and distributes rotary screen changers, which are critical components in extrusion systems used in the plastics industry. These changers allow for continuous filtering of molten polymer throughout the extrusion process, which improves the quality of the product by removing contaminants and pollutants. Their critical duty is to enable continuous production by allowing for a smooth change between screens without disrupting the extrusion process, saving downtime and improving efficiency.

COVID-19 Impact: Closure off Manufacturing Plants to Deplete Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The outbreak affected every market, including the machinery and equipment sector. The emergence of COVID-19 has resulted in strict laws and guidelines to prevent the virus from spreading. These regulations included closing down manufacturing plants, which impacted the market's growth pace. Manufacturing and supply chain disruptions were observed. The workforce suffered as a result of health concerns. Despite the fact that the epidemic forced the majority of the workers to work from home, the constrained budget dictated the work rate. Since there was a lack of production and supply, popularity of equipment and machinery fell.

LATEST TRENDS

"Improvement in Automation to Stimulate Market Development "

Manufacturers are developing to improve aspects such as automation, with the goal of increasing efficiency and dependability. Furthermore, the market's expansion is being fueled by the industry's emphasis on environmentalism and the demand for high-quality final products, emphasizing the significance using screen changers throughout the plastics manufacturing industry.

Technological developments within changers, such as sophisticated control systems and increased durability, contribute to market growth. Furthermore, the growing emphasis on conservation and recycling encourages the use regarding screen changers, which allow for the treatment of reused supplies, aligning with worldwide environmental goals.

MELT SCREEN CHANGERS MARKET SEGMENTATION

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• By Type

Based on type the global market can be categorized into continuous, semi-continuous, and discontinuous.

Continuous: When a filthy screen requires to be changed, the continuous screen changer stops the operation. It is employed in melt filtration procedures where debris can quickly clog screens and workflow disruptions are costly.

Semi-Continuous: The semi-continuous screen changer moves the screen packs into and out of the melt flow using a fast-acting hydraulic cylinder.

Discontinuous: When the machine ceases operation, the screens on discontinuous screen changers are replaced. The screen is removed from the piston and the screen package is exchanged.

• By Application

Based on application the global market can be categorized into packaging, electrical and electronic, building and construction, automotive, fiber industry,others.

Packaging: These machines are used in the packaging business to assure high-quality packaging materials.

Electrical and Electronic: They serve a purpose in the electric and electrical industries to eliminate contaminants from resins and plastic products.

Building and Construction: The screen changers are used in the construction and building business to maintain the quality of construction materials.

Automotive: They are used by automakers to filter impurities from melted plastics.

Others: Furthermore, melt screen changers are used in other industries where pollutants must be removed to create high-quality end products.

DRIVING FACTORS

"Rising Demand for Plastic Products to Support Market Expansion "

The melt screen changers market growth continues to grow rapidly, owing to rising demand for plastic products in a variety of industries, particularly automobiles packaging, building, and consumer goods. Manufacturers are increasingly focused on technology innovations, such as automatic screen changes, to improve reliability and efficiency. Furthermore, the growing emphasis on environmentally friendly methods and the demand for high-quality final products encourage the widespread use of melt screen changers within the plastics manufacturing scene.

"Tight Product Quality Rules to Foster Industry Progress "

This market's expansion can be attributable to a variety of causes. The growing need for high-quality plastic goods, combined with tight product quality and purity rules, is driving the use of melt screen changers. Furthermore, the increasing use of reused plastics for lowering carbon emissions is driving market expansion.

RESTRAINING FACTOR

"Intense Competition and Need for Constant Product Development to Stop Market Evolution "

Nevertheless, the industry has several challenges that could stymie its progress. The use of plastic and disposal rules are stringent, prompting firms to invest in creative waste reduction solutions. Furthermore, the market is affected by changing raw material prices, which affects every aspect of melt screen changers. Intense competition among significant market participants heightens the need for constant product development and strategic cooperation, creating a dynamic landscape.

MELT SCREEN CHANGERS MARKET REGIONAL INSIGHTS

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"North America Authority upon Business Due to Growing Manufacturing Sector "

"The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa."

Due to the established industries, rapid adoption of modern technology, and strong environmental regulations, North America is primed to dominate the market. Similarly, the region is predicted to grow rapidly as industries that include packaging, automobiles and chemicals expand. With its growing manufacturing sector and significant expenditures in infrastructure development, U.S. is poised to become a vital melt screen changers market share.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.

The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.

List of Market Players Profiled

• Nordson (U.S.)

• MAAG (U.S.)

• Gneuss (Germany)

• Erema (Austria)

• Parkinson Technologies (U.S.)

• Hi-tech (India)

• Cofit International (France)

• PSI (U.S.)

• ECON (India)

• Trendelkamp (Germany)

• CROWN (U.S.)

• Alpha Marathon (U.S.)

• JC Times (China)

• Batte Mechanical (India)

• Anji Plastic (China)

• Heiko (U.S.)

INDUSTRIAL DEVELOPMENT

March 2023: MAAG is another industry leader known for its excellent melt screen changers along with additional melt filtration products. The organization has been in business for decades and has an established position in the international marketplace. MAAG's product portfolio is diversifying, responding to the demands of numerous industries such as chemicals, plastics, and petrochemicals.

REPORT COVERAGE

This research offers a thorough analysis of the global market, covering all relevant areas. This includes everything from a broad market overview to micro-level information about size of the market, degree of competition, evolution trend, opportunities in the market, important market drivers, and SWOT opportunities and threats. The reader can use the study to influence industry competitiveness and competitive environment strategies to increase potential profit. Additionally, it offers a straightforward framework for assessing and gaining access to the situation of the corporate organization.

In a nutshell, this study should be read by all market participants, traders, academics, analysts, business planners, and anyone else with an interest in the market. The market competitive landscape is another area that the report structure focuses on. This report presents in depth information the share of the market, macroeconomic indicators, product scenario, operation circumstances of the major players, which aids readers in the industry in recognizing the key rivals and better understanding the market's competitive landscape.