Europe Foam Densifier Market

Europe Foam Densifier Market Outlook (2023-2033)

The Europe foam densifier market is anticipated to project a valuation of US$ 195.7 million in 2023 and further expand at a CAGR of 4.0% to reach US$ 289.4 million by the end of 2033.

The growth is attributed to the growing foam recycling activities to protect the environment and conserve raw materials that are in limited quantity.

Report Attributes	Details
Market Size (2022A)	US$ 190.6 Million
Estimated Market Value (2023E)	US$ 195.7 Million
Forecasted Market Value (2033F)	US$ 289.4 Million
Europe Market Growth Rate (2023-2033)	4.0% CAGR
Germany Market Growth Rate (2023-2033)	~4.4% CAGR
United Kingdom Market Share (2023)	~18.0%
France Market Growth Rate (2023-2033)	~4.6% CAGR
NORDIC Market Share (2023)	~11.9%
Key Companies Profiled	Avangard Innovative Compactor Management Company Demand Products, Inc. INTCO Recycling Matrix Manufacturing Recycling Equipment Corporation RUNI A/S VITA RECYCLES Wedo Machinery

Historic to Future Pathway Analysis

Foams are utilized for packaging and in a variety of structures, including boats, motorhomes, and campervans as they offer great insulating properties. The extensive use of foam leads to a vast amount of waste generation. Foam is harmful to the environment and it takes a very long time to degrade. During the recycling of foam, the foam is cleaned which is followed by shredding, and then the foam is melted and pellets are formed. These pellets are sent to manufacturers which then use them to manufacture new products.

Foam densifier is an equipment that shapes the foam scrap into a manageable solid or brick form. The densifier uses various types of compression systems to densify the foam. The vast amount of foam waste has led governments and other organizations to take initiatives in foam recycling. Since densifiers are an important part of the recycling process, the demand for foam densifiers is increasing.

• Short-Term Growth Projection (2023-2026): Mushrooming utilization of foam densifier foam recycling plants positively impact the market growth.
• Medium-Term Growth Projection (2027-2029): Germany and UK are estimated to observe high demand for foam densifiers on the back of the growing focus of manufacturers on recycling to reduce cost, coupled with favorable government initiatives.
• 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 foam densifier market registered a CAGR of 2.8%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 4.0% CAGR between 2023 and 2033.

Market share analysis of foam densifiers based on capacity and country is provided in a nutshell in the above image. Under the capacity width segment, 50kg/h-100kg/h sub-segment is estimated to reach a market share of 44.0% in 2023.

“Increased Usage of Foam in various end-use sectors”

Due to its properties foam finds its application in various sectors. Foam is widely used for its insulating qualities The material's closed cell structure makes it particularly good at maintaining internal temperatures. Due to its malleability and ability to fit inside walls without affecting their structural integrity, it is frequently used in modern construction projects.

Foam is used in packaging because of its durability and a wide variety of densities, all of which may be completely customized to meet the demand. Foams are used for packing & safeguarding large items such as electronics, products, doors, & windows and smaller items like cameras, delicate collectibles, or lining boxes.

Foam is most frequently used for upholstery, from chairs and couches to beds and headboards; it makes for excellent and comfy cushioning. The most common use of foams is undoubtedly for upholstery applications because of their versatility and capacities. Foams for upholstery come in a variety of densities, from soft to extremely stiff, and may all be tailored to meet specific requirements.

Due to its extensive use, it is required in large quantities which leads to enormous waste generation. Foams are thermoplastic and thus they can be recycled.

Foam densifiers are required for the recycling of foam in the initial steps. Huge waste generation leading to immense recycling activities will drive the market.

“Harmful effects of Foam to Hamper Foam Densifier Market”

It cannot be denied that plastics are used to make the great majority of foams. The production of polystyrene results in the discharge of over fifty chemical by-products, which contaminate the surrounding areas' air, water, and communities. Multiple styrene units combine to form polystyrene. The International Agency for Research on Cancer and the Department of Health and Human Services both consider styrene as a carcinogen, a substance that causes cancer.

The fact that the substance is made from polyethylene indicates that it is based on petroleum or fossil fuels. As a result, it has a minor impact on the environmental harm brought on by the extraction and refinement of items made from oil.

Polyurethane foams burn quickly during fires, emitting dense smoke and harmful fumes. Smoke also contains benzene, toluene, nitrogen oxides, and hydrogen cyanide, although carbon monoxide is the most prevalent.

Country-wise Insights

What are the Factors Driving the Market’s Growth Across the UK?

Recycle Now is a campaign for England that focuses on motivating people to recycle more and more of their waste, more often.

According to British Plastic Federation, 54% of all the EPS that is used for packaging is being recycled in the UK. The UK recycles more than 100 tons of expanded polystyrene every month.

The UK market for foam densifier is expected to grow at a CAGR of 2.8% to reach a valuation of US$ 46.3 million by 2033.

Why is the Germany Foam Densifier Market Expected to Be Highly Lucrative?

Germany is the hub of automobile manufacturing and foams are extensively in the dashboards, seats, and other parts of the automobile. Germany is the hub of furniture manufacturing companies making it the second-largest exporter of furniture in the world and the third-largest producer after China and US.

Foams are also used in the insulation of buildings to protect them from the outside environment. Most of the foam waste generated goes either for incineration or to landfill but recently the focus has shifted towards recycling waste foam. Waste PU foam cans have been classified as a hazardous waste and their recycling has been made mandatory in Germany by the legislature.

Owing to the above-mentioned facts, the demand for foam densifiers is expected to grow during the forecast period.

The Germany market for foam densifiers is predicted to reach an estimation of US$ 75.2 million by 2023.

Category-wise Insights

Why is Polystyrene Dominating the Foam Densifier Market?

Expanded polystyrene (EPS) has long been the material of choice for a variety of food packaging applications, cost- and energy-efficient construction insulation, cushion transport packaging for shock-sensitive items, and many other uses. Extruded polystyrene is used in the insulation process of roofs and floors and other commercial areas.

According to European Commission, Europe produces around 200 kilo tons of EPS construction waste which is expected to increase to 1000 kilo tons in the next decade.

The polystyrene material type is estimated to be valued at US$ 92.0 Mn by the end of 2023.

Why is Hybrid Foam Densifier Mostly Widely Accepted?

Hybrid densifier uses both screw drive densifier and hydraulic densifier and thus is more efficient in processing foam. They are not heat based and thus they do not produce any smoke or odor.

Owing to their advantage over other types, it is widely accepted by the end users and is expected to increase over the forecast period.

Key Stratagems by Market Players

Key manufacturers of foam densifiers include Avangard Innovative, Compactor Management Company, Demand Products, Inc., INTCO Recycling, Matrix Manufacturing, Recycling Equipment Corporation, RUNI A/S, VITA RECYCLES, and Wedo Machinery.

Manufacturers aim to provide equipment that functions smoothly even in difficult circumstances and demanding situations. Players are focusing on improving their online presence and increasing their production capacity to capture a wider market. Manufacturers of foam densifiers are focusing on developing machines that maximize economic benefits by improving productivity and saving energy. Strengthening the distribution network and long-term contracts with suppliers in non-legacy markets are also in the focus of market leaders.

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

Segmentation of Foam Densifier Industry Research

• By Material Type :

  • Polystyrene
    • Expanded
    • Extruded
  • Expanded Polyethylene
  • Expanded Polypropylene
  • Expanded Polyisocyanurate
  • Polyurethane
  • Others

• By Compression System :

  • Hydraulic
  • Screw Drive
  • Thermal
  • Hybrid

• By Capacity :

  • <50Kg/h
  • 50Kg/h-100Kg/h
  • 100Kg/h-200Kg/h
  • 300Kg/h-400Kg/h
  • Above 400 Kg/h

• By Country :

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