The global market for loading spout was valued at US$ 2,859.1 million in 2017. The market is expected to expand by 1.7x over the forecast period, 2018-2028.
Loading spout consist of a series of stacking cones that enables the product to free fall into the vessel that is being loaded and is used to prevent dust clouds from getting formed and settled on industrial equipment during various industrial processes. Loading spouts are used in various industries such as food and beverage, mining, oil & gas, shipping, pulp and paper, construction, chemical among others.
Increased food grains production and dust control in food industry to augment loading spout demand
China is the top rice importing country in the world and has a tariff rate quota (TRQ) for 5.32 million tons that is evenly divided with 2.66 million of both long grain and others. ASEAN countries are also one of the major consumers of food grains and rice owing to the growing population in the Asian countries and the high inclusion of grains in the diet. This growth in the food processing industry is expected to upsurge the requirement of loading spout in the industries for handling bulk materials. Global wheat trade for 2018-19 is forecast at a record, driven by strong demand resulting from rising incomes and shifting diets largely in Asia and Africa. While Argentina, Australia, Canada and the United States are forecast to have slightly higher production, the European Union and Black Sea region (mainly Russia) are down sharply. However, the dust control regulations in the European region are highly stringent in comparison to other regions ultimately resulting in growth of the loading spout market. In May 2006, five European multi-lateral financial institutions launched the “European Principles for the Environment” (EPE) and subscribed to a common declaration recognizing the comparable approach taken by the signatories to environmental management and to the integration of environmental considerations in their respective operations and mandates.
Growing construction and cement industry to boost loading spout market
The demand for loading spout from the cement industry has increased significantly in the last few years, due to increase in urbanization and growth in the industrial sector. Multinational companies are eyeing the Asia Pacific excluding Japan region in the anticipation of increased demand from the building & construction industry. China has become the largest cement producer in today’s global scenario, followed by India. A steady rise in the cement industry will increase the demand for its bulk handling, and in turn, loading spout.
Loading spout offer dust-free bulk material handling during transportation and shipping. They are highly preferred for food grains and cement handling. Loading spout are highly durable and have a lifespan of up to a decade or more. With the increase in other industries such as food grain production in food and beverage industry or bulk handling in shipping industry, the demand for loading spout is anticipated to increase. In addition, there is a great demand for loading spout from the cement industry in emerging economies such as China and India, which is expected to significantly contribute to the growth of the overall market.
The key players such as WAM group and Beumer Group have grown to stand for the shift in bulk material handling and equipment supply. They invest every year a significant amount of their global turnover in R&D and related activities, which are primarily dedicated to the processing and handling of granular and powder materials, through primary and applied research.
Key players operating in the global market for loading spout include Adaptive Engineering and Fabrication, WAM Group, MM Despro Engineering Pvt Ltd, Gesellschaft für Planung, Maschinen- und Mühlenbau Erhard Muhr mbH, SLY Inc., Beumer Group, Daxner GmbH, Hennlich s.r.o. and Pebco Inc. among others.
In this report, Fact.MR offers a 10-year forecast of the global loading spout between 2018 and 2028. Regarding value, the market is anticipated to expand at a CAGR of 5.1% during the forecast period (2018-28). Regarding volume, the market is expected to grow at a CAGR of 4.5% during the forecast period (2018-28). This study manifests an impact analysis of the different forecast factors and is expected to influence the revenue growth of the loading spout market over the period 2018 – 2028. This report is a comprehensive take on the performance of the loading spout market and presents detailed insights on the various drivers pushing the sales of loading spout, the different challenges hindering revenue growth of the loading spout market, opportunities available to manufacturers of loading spout, as well as the trends that are likely to impact growth in sales revenue of the loading spout market. The study reveals market dynamics in seven geographic segments along with market analysis for the current market environment and future scenario over the forecast period.
Fact.MR leverages a tested methodology of research to arrive at the key estimations and projections of the loading spout market. In-depth secondary research is used to study the different facets of the market for loading spout and the key market dynamics are inferred based on these factors. When deducing the various metrics such as CAGR, market share and value in terms of US$ Million, volume in terms of units, and year-on-year growth, the different forces impacting the loading spout market are taken into consideration. This data gathered from secondary research is then validated through a systematic process of primary research, where the analysts speak to key industry stakeholders to ratify the various data and information collated from secondary research.
The global loading spout report begins with the executive summary for various categories and their share in the loading spout. It is followed by market dynamics and overview of the global loading spout, which includes FACT.MR analysis of market drivers, restraints, opportunities and trends that are affecting the growth of the loading spout. Furthermore, to understand the popularity of the market segment, the attractiveness index and BPS analysis with elaborated insights on the same is provided, which will show the market’s attractiveness based on factors such as CAGR and incremental opportunity. To show the performance of the loading spout in each country and region, BPS and Y-o-Y growth analysis is provided.
The global market for loading spout is segmented as per loading, product type, bulk loading system, maximum grain size, flow rate and end use. On the basis of product type, global market for loading spout is segmented into heavy-duty and standard duty loading spout. Heavy-duty loading spout are further segmented into three categories, open barges, ships and stockpiles. Standard duty loading spout are segmented into storage bins, silos, conveyors, IBCs and drums, and other discharge points. On the basis of product type, the loading spout is segmented into manual, motorized and semi-motorized. On the basis of bulk loading system, the loading spout market is segmented into closed loading, open loading and combined loading. On the basis of max grain size, the global market for loading spout is segmented into 10mm, 50mm, 80mm, 100mm and above 400mm. On the basis of flow rate, global market for loading spout is segmented into less than 200 meter^3 per hour, 300 to 500 meter^3 per hour, 500 to 2000 meter^3 per hour and above 2000 meter^3 per hour. On the basis of end use, the loading spout market is further segmented into food and beverage, mining, oil & gas, shipping, pulp and paper, construction, chemical and miscellaneous.
The next section of the report highlights the loading spout, by region, and provides the market outlook for 2018–2028. The study investigates the Y-o-Y growth regionally, as well as analyses the drivers that influence the regional loading spout. Main regions assessed in this report include North America, Latin America, Europe, CIS and Russia, Japan, Asia Pacific excluding Japan and the Middle East & Africa (MEA). The report evaluates the present scenario and growth prospects of the regional loading spout for 2018–2028.
To ascertain the market size in terms of value and volume, revenue generated by the key manufacturers and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the loading spout. In order to provide an accurate forecast, we started by sizing up the current market, which forms the basis on how the loading spout is expected to develop in the future. Given the characteristics of the market, we triangulated the outcome on the basis of three different types of analysis based on supply side, downstream industry demand and the economic envelope. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the loading spout and identify the right opportunities across the market.
The market segment for global loading spout have been analysed in terms of basis point share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important for identifying various key trends in the loading spout. Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. Absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the loading spout. The overall absolute dollar opportunity along with the segmental split is mentioned in the report.
To understand the key growth segments in terms of growth and adoption for loading spout globally, Fact.MR developed the loading spout ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities.
One of the most prominent inclusions of the report is a detailed analysis of the current market structure of the loading spout market. This section throws light on the top companies leading the loading spout market. Detailed information pertaining to company and business overview, current market share, growth strategies, and other key metrics pertaining to these companies is provided in this section. A comprehensive SWOT analysis of key market players adds more value to the basic understanding of the dominant and second-in-line players operating in the loading spout market. This section is useful for both established companies as well as market entrants and has been included with an objective to provide a comprehensive picture of the loading spout market from a competition standpoint.
Detailed profiles of companies are also included in the report to evaluate their strategies, key product offerings and recent developments. Key players operating in the global market for loading spout include Adaptive Engineering and Fabrication, WAM Group, MM Despro Engineering Pvt Ltd, Gesellschaft für Planung, Maschinen- und Mühlenbau Erhard Muhr mbH, SLY Inc., Beumer Group, Daxner GmbH, Hennlich s.r.o. and Pebco Inc. among others.
Key Segments Covered
- Heavy-duty Loading Spout
- Open Barges
- Standard Duty Loading Spout
- Storage Bins
- IBCs and Drums
- Other Discharge Points
By Product Type
By Bulk Loading System
- Closed Loading
- Open Loading
- Combined Loading
By Max Grain Size
- 10 mm
- 50 mm
- 80 mm
- 100 mm
- Above 400
By Flow Rate (meter3 per hour)
- Less than 200
- 300 to 500
- 500 to 2000
- Above 2000
By End Use
- Food and Beverage
- Mining, Oil & Gas
- Pulp and Paper
Regional analysis is presented for following market segments:
- North America
- Latin America
- Rest of Latin America
- Eastern Europe
- Rest of Europe
- CIS and Russia
- Asia Pacific Excluding Japan (APEJ)
- Greater China
- South Korea
- ASEAN Countries
- Rest of APEJ
- Middle East and Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA
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