DUBLIN--(BUSINESS WIRE)--The "Plastic Welding Equipment Market - Market Size & Forecasting to 2030" report has been added to ResearchAndMarkets.com's offering.
The report categorizes the market for Plastic Welding Equipment based on various segments and region and forecasts revenue growth and analysis of trends in each of the submarkets. The report analyses the key growth drivers, opportunities and challenges which influence the Plastic Welding Equipment market.
Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger and acquisition have been included in order to draw the competitive landscape in the Plastic Welding Equipment market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub segments of the Plastic Welding Equipment market.
Based on Welding Method, Hot Plate accounted for the largest market share in 2020 and is projected to grow at a CAGR of 6.95% during the forecast period. Hot plate welding is most commonly used to join thermoplastic water, gas, and sewage pipes, and is sometimes referred to as butt fusion welding. It's also used in the manufacturing of fluid reservoirs and the welding of PVC door and window frames in the automotive sector. Based on Plastic Type, Polyethylene Terephthalate (PET) accounted for the largest market share in 2020. Polyvinyl Chloride (PVC) was the second-largest market in 2020 and is projected to grow at the highest CAGR. Based on application, Industrial accounted for the largest market share in 2020. However, Electronics segment is projected to grow at the highest CAGR.
Market Dynamics
Drivers
- Rising Plastics Manufacturing Industry
- Rising Demand for the Plastic Welding Equipment from End-Use Industries Such as Medical, Electronics
Restraints
- Stringent Government Regulations for the Plastic Welding Equipment
Opportunities
- Research & Development for New Welding Technologies
Challenges
- Availability of Substitutes/Alternative for the Plastic Welding Equipment
The Plastic Welding Equipment market is segmented as North America, Europe, Asia Pacific, Middle East & Africa and South America on the basis region. Asia Pacific accounted for the largest market share in 2020. Europe was the second-largest market in 2020.
Seelye Acquisitions, Inc, Bielomatik, Wegener Welding, LLC, Ritmo Group, Cemas Elettra S.R.L, Drader Manufacturing, Leister Technologies AG, Herrmann Ultraschall, Dukane Corp, Emerson Electric Co., Welwyn Tool Group etc. are some of the prominent market players in the global Plastic Welding Equipment market. These companies are adopting various growth strategies such as new product launch, expansion, agreement, mergers & acquisitions in the market to retain a competitive market position in the global Plastic Welding Equipment market from 2018 to 2020 till date. Among the growth strategies, new product launch capture more than half of the growth strategies followed by expansion.
Key Topics Covered:
1. Market Abstract
2. Research Practice
3. Key Related Data
3.1 Key Industry Trends
3.2 Technological Advancement
3.3 Guidelines / Regulations
3.3.1 European Standards
3.3.2 ISO Standards
3.4 Case Studies
3.4.1 Dukane Ultrasonic Welding
3.4.2 Heely-Brown Case Study to Repair Damaged Agricultural Bins
3.4.3 Emerson - Bosch Packaging Technology
3.5 Covid-19 Impact
4. Impact Factor Analysis
4.1 Drivers, Restraints, Opportunities, Challenges Analysis
4.1.1 Drivers
4.1.1.1 Rising Plastics Manufacturing Industry
4.1.1.2 Rising Demand for the Plastic Welding Equipment from End-Use Industries Such as Medical, Electronics, Etc.
4.1.2 Restraints
4.1.2.1 Stringent Government Regulations for the Plastic Welding Equipment
4.1.3 Opportunities
4.1.3.1 Research & Development for New Welding Technologies
4.1.4 Challenges
4.1.4.1 Availability of Substitutes/Alternative for the Plastic Welding Equipment
4.2 Porter's Five Force Model
5. Market Development Analysis
6. Plastic Welding Equipment Market, Welding Method
7. Plastic Welding Equipment Market, by Plastic Type
8. Plastic Welding Equipment Market, by Application
9. Plastic Welding Equipment Market, Regional Analysis
10. Global Plastic Welding Equipment Market, Competitive Intelligence
11. Company Profiles
- Seelye Acquisitions Inc.
- Bielomatik
- Wegener Welding LLC.
- Ritmo Spa
- Cemas Elettra S.R.L
- Drader Manufacturing
- Leister Technologies Ag
- Herrmann Ultraschall
- Dukane Corp
- Emerson Electric Co
- Welwyn Tool Group
- Widos Wilhelm Dommer Sohne Gmbh
- Plastic Welding Tools Ltd.
- Capex Sales LLC
- Omisa S.R.L.
For more information about this report visit https://www.researchandmarkets.com/r/kbbirt
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