Global Polyurethane Processing Machine Market Size study & Forecast, by Product (Dosing System, Mixing Head, Metering Equipment, Foaming Equipment, Other) by Type (High Pressure, Low Pressure), by End-use (Construction, Automotive, Medical, Consumer Products, Other) and Regional Analysis, 2022-2029
Global Polyurethane Processing Machine Market is valued at approximately USD 3.74 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.8% over the forecast period 2022-2029. Polyurethane processing machine is a type of machine that is used for creating casting polyurethane elastomer product which uses MOCA and other material as chain extender. This machine is gaining traction in industries such as construction, automotive, medical, consumer products, and others. The rising construction of residential and commercial buildings, growing increasing demand for the appliances such as refrigerators, cooler, freezers, vending machines, and hot water heaters, coupled with the increasing research & development activities are the key factors that are driving the market growth across the globe.
The rising manufacturing of automotive is propelling the demand for polyurethane processing machines for foam interior parts. According to Statista, in 2020, the global automotive manufacturing industry generated total revenue of around USD 2.5 billion and it is projected that the industry reaches nearly 2.8 billion by 2022. Therefore, these aforementioned factors are accelerating the growth of the market. Moreover, increasing application of polyurethane in the medical field, as well as rising new developments are presenting various lucrative opportunities over the forecasting years. However, the high cost of a machine is challenging the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Polyurethane Processing Machine Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. the Asia Pacific dominated the market in terms of revenue, owing to the extensive growth of the manufacturing industry and the rising investments in industrial manufacturing. Whereas, North America is also expected to grow with the highest CAGR during the forecast period, owing to factors such as growing industrialization, as well as rising investment and rising opportunity in the field of the processing industry in the market space.
Major market players included in this report are:
Linde plc
Frimo Group GmbH
Rim Polymer Industries Pte. Ltd.
LEWA GmbH
Haitian Group
KraussMaffei Group
Hennecke GmbH
Wittmann Group
Engel Austria GmbH
Graco Inc.
Recent Developments in the Market:
In February 2020, Hennecke GmbH partnered with Frimo Group polyurethane and other reactive plastic applications. The objective of this partnership is to add value for customers in the automobile industry.
Global Polyurethane Processing Machine Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Type, End-use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Dosing System
Mixing Head
Metering Equipment
Foaming Equipment
Other
By Type:
High Pressure
Low Pressure
By End-use:
Construction
Automotive
Medical
Consumer Products
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Linde plc
Frimo Group GmbH
Rim Polymer Industries Pte. Ltd.
LEWA GmbH
Haitian Group
KraussMaffei Group
Hennecke GmbH
Wittmann Group
Engel Austria GmbH
Graco Inc.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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