Europe Agglomeration Machine Market

Europe Agglomeration Machine Market (2023-2033)

The Europe agglomeration machine market is anticipated to project a valuation of US$ 215.0 million in 2023 and further expand at a CAGR of 3.7 % to reach US$ 308.0 million by the end of 2033.

The market for plastic recycling equipment is changing as people become more aware of the long-term benefits of recycling and reusing plastic materials. Recycling preserves the circular economy and lessens adverse environmental effects.

Report Attributes	Details
Market Size (2022A)	US$ 209.0 Million
Estimated Market Value (2023E)	US$ 215.0 Million
Forecasted Market Value (2033F)	US$ 308.0 Million
Europe Market Growth Rate (2023-2033)	3.7% CAGR
Germany Market Growth Rate (2023-2033)	~4.1% CAGR
United Kingdom Market Share (2023)	~18.0%
France Market Share (2023)	~17.0%
NORDIC Market Growth Rate (2023-2033)	~3.3% CAGR
Key Companies Profiled	Pallmann Herbold MHG Other Players

Historic to Future Pathway Analysis

An agglomeration machine is a mechanical tool used for processing loose plastic into a granular form. Several rotating and fixed blades are incorporated into the agglomeration cylinder at the bottom to create friction and heat. The machine is used for multiple applications such as material mixing, hot recycling plant, and others. In addition, it is an ideal tool for recycling thin polymers due to which it is widely used in plastic and scrap industries.

• Short-Term Growth Projection (2023-2026): Increasing utilization of agglomeration machine in waste management plants positively impact market growth.

• Medium-Term Growth Projection (2027-2029): The growing focus of manufacturers on recycling plastic material to reduce cost, coupled with favorable government initiatives bolster the market growth.
• Long-Term Growth Projection (2030-2033): Innovation and upgradation coupled with customization will be responsible for increased demand in the long run.

Over the 2018-2022 historical period, the Europe agglomeration machine market registered a CAGR of 2.6%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 3.7% CAGR between 2023 and 2033.

Market share analysis of agglomeration machines based on use case and country is provided in a nutshell in the above image. Under the use case segment, the polymer films sub-segment is estimated to reach a market share of 38.0% in 2023.

“Growing Plastic Recycling Process Boosts the Market Growth”

The plastic recycling process continuously increasing day by day due to havoc increases in the consumption and utilization of plastic-based material. Agglomeration machines are utilized in a wide variety of applications, including hot recycling plants, asphalt tanks, and material mixing equipment. Agglomeration equipment is widely employed in the plastic and waste recycling sectors because they offer an effective method for recycling thin polymers.

For instance, plastic is made up of polymers and in the US, 18,000 different grades of plastic are available, which are used to make various kinds of products based on their density level. LDPE is used in making carrier bags, while HDPE plastic bottles, PVC for chemical bottles, and many more.

Furthermore, plastic agglomeration machine aids in the reduction of plastic trash, which is essential for a circular economy to operate. The machine maintains a smooth operation because of its stable operation, and motor design. These characteristics improve machine performance and help waste management organizations manage plastic waste more efficiently.

Thus, governments across Europe are working hard to manage waste, which will continue to have a favorable effect on the market.

“High Cost of Machine Hinder its Adoption”

The issue of the high costs associated with agglomeration machines, there are fewer market participants that are active. At the same time, making significant efforts to improve equipment design results in more spending, which raises the cost of the equipment. Operators are required to complete operational and safety programs. The use of advanced machines is hampered by a lack of experienced operators.

In addition, the utilization of sophisticated techniques in order to improve productivity and the efficiency of a product at a lower cost could be a challenge for the manufacturers to grow.

Country-wise Insights

What are the factors driving the market’s growth across Germany?

Germany is the second largest producer of machine tools. For instance, German machine tools generated about US$ 11.0 billion worth of products in 2021, of which US$ 7.0 billion were exported. Around 67.0% of the machine tools produced in Germany were exported. Imported machine tools account for US$ 2.3 billion. This represented 37.2% of the 6.0 billion US dollars in machine tool consumption in Germany.

It is estimated that the growing plastic industry across Germany positively impacts market growth and the market will grow at a CAGR of 4.1% during the forecast period.

Why is the France agglomeration machine market expected to be highly lucrative?

The continuous efforts and stringent rules enacted by the France government bolster the agglomeration machine market to expand and it is estimated that the France market to grow at a CAGR of 4.3% during the forecast period and the market will reach a valuation of US$ 36.6 million in 2023 to US$ 55.4 million by 2033.

Additionally, diverse environmental benefits of recycling include the preservation of natural resources, the diverting of waste from landfills, the reduction of greenhouse gas emissions, and others. During the forecast period, these factors are anticipated to boost market growth throughout France.

Furthermore, the shortage of non-renewable resources has increased the demand for recycling in a variety of end-use industries. The aforementioned elements will support the expanding demand for agglomeration equipment in the French market.

Category-wise Insights

Why is the polymer film agglomeration machine most widely utilized?

Nowadays, the consumption of plastic increasing at a rapid pace due to which 12 million tonnes of plastic are disposed of every year into the ocean leading to plastic pollution. Initially, the consumption of plastic revolutionized the world but now it become a major threat to the world. So, it needs to be handled properly, thereby the demand for plastic agglomeration machine market is growing at an exponential rate, especially across Europe.

The agglomeration machine is estimated to be valued at US$ 215.0 Mn by the end of 2023.

Why is the demand for agglomeration machines with a throughput rate upto 250 kg/hr increasing?

The demand for 250 kg/hr throughput rate for agglomeration machines is rising due to the higher efficiency and productivity of the agglomeration and is best suited for PP, HDPE, LDPE, and other polymers.

This agglomeration machine series is in high demand due to its processing capabilities and considerable benefits to the operator by saving time and fuel. Although an agglomeration machine is frequently used for a variety of throughput rates, 250 kg/hr is best suited for remarkable productivity. Additionally, the effectiveness of the crushing activity somewhat declines when the crushing capacity surpasses the optimal level. So, in order to maximize efficiency, the optimum capacity level must be maintained. 

The agglomeration machine with a throughput rate of 250 kg/hr is predicted to reach a valuation of US$ 73.0 million by the end of 2023.

Key Stratagems by Market Players

Key players in agglomeration machines are Pallmann, Herbold, MHG, and other players.

Market players are focusing on expanding their footprints in the emerging market across European regions through mergers and acquisitions. Strengthening the distribution network and long-term contracts with suppliers in non-legacy markets are also the focus of market leaders.

Fact.MR has provided detailed information about the price points of key manufacturers of agglomeration machines positioned across countries, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Agglomeration Machine Industry Research

• By Throughput Rate :

  • Upto 150 kg / hrs
  • Upto 200 kg / hrs
  • Upto 250 kg / hrs
  • Upto 300 kg / hrs
  • 300+ kg / hrs

• By Use Case :

  • Polymer Films
  • Polymer Fiber
  • Polymer Foam
  • Textile Waste
  • Synthetic Rubber
  • Others

• By Country :

  • Germany
  • France
  • UK
  • BENELUX
  • NORDIC
  • Italy
  • Spain
  • Rest of Europe