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Pelletizing Machine Market Share

Report ID: GMI11806
Published Date: Oct 2024
Report Format: PDF

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Pelletizing Machine Market Share

Global Pelletizing Machine Company Market Share Analysis, 2023

In 2023, key companies like KraussMaffei, Nordson, Coperion, Japan Steel Works and Maag held a combined market share of 17%-20%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions. Manufacturers are investing in R&D to boost efficiency, reduce energy use, and improve product quality. Companies offering customized solutions often gain a competitive edge. Many companies are expanding into emerging markets, particularly in Asia and Africa, where demand for pelletizing machines is increasing.

Pelletizing Machine Market Companies

Major companies operating in the global pelletizing machine industry include:

Baracco
Coperion
Diamond America
Econ
Farrel Pomini
Fuji Industries
Japan Steel Works
Kerke Extrusion Equipment
KraussMaffei
Maag
Neoplast
Nordson
Retech Machine
Useon
Xinda

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for pelletizing machine was reached USD 2.9 billion in 2023 and is estimated to register about 3.8% CAGR from 2024 to 2032, on account of rising preference in the livestock sector subsequently amplifies the demand for pelletizing machinery.

The underwater machine segment generated USD 1.1 billion in revenue in 2023 and is projected to grow at a 4.2% CAGR from 2024 to 2032, proplled by the key role of underwater pelletizers in cutting molten polymer into pellets.

The biomass energy segment accounted for over 32% share of the market in 2023 and set to grow at a CAGR of 4.2% from 2024 to 2032, led by renewable energy initiatives, is primarily for heating and power generation.

North America held a 30% share of the pelletizing machine market in 2023 and is expected to grow at a 3.9% CAGR from 2024 to 2032, driven by increased demand for biomass energy.

Key players in the global pelletizing machine industry encompass Baracco, Coperion, Diamond America, Econ, Farrel Pomini, Fuji Industries, Japan Steel Works, Kerke Extrusion Equipment, KraussMaffei, Maag, Neoplast, Nordson, Retech Machine, Useon, and Xinda.