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Briquetting Machine Market

Segmentation by Type (Hydraulic, Roller, and Piston Type); and by Automation (Automatic, Semi-Automatic, and Manual)– Global Demand Analysis & Opportunity Outlook 2031

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Report ID: 4067 | Published On: Feb 15, 2023
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Global Briquetting Machine Market Regional Synopsis

Regionally, the global briquetting machine market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. The market in the Asia Pacific region is estimated to garner noteworthy growth over the forecast period, on the back of flexible government guidelines for solid waste management and the widespread adoption of renewable energy resources. As per the recent reports from the Indian Ministry of New and Renewable Energy, the current availability of biomass in India is estimated to reach 750 million metric tons per year. Owing to these factors, the global briquetting machine market in APAC region is expected to grow significantly over the forecast period.

The global briquetting machine market in North America region is also expected to witness escalating growth over the forecast period owing to the increasing awareness and investment in waste management projects.

Briquitting Machine Market Share

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The global briquetting machine market is further classified on the basis of region as follows: 

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook 

  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook 

  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook 

  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook 

  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook 


Briquetting Machine Market
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Major Macro-Economic Indicators Impacting the Market Growth

Major Macro-Economic Indicators Impacting the Market Growth

In 2019, the world’s total energy supply was 606EJ, wherein the highest share in terms of source was captured by oil, accounting for 30.9%, followed by coal (26.8%), natural gas (23.2%), biofuels and waste (9.4%), nuclear (5.0%), hydro (2.5%), and other (2.2%). Where there was an increase in energy demand in 2018, the year 2019 witnessed slow growth as the energy efficiency improved owing to decline in the demand for cooling and heating. However, in 2020, the electricity demand decreased by 1% due to the outbreak of Coronavirus resulting in government imposed shutdowns in order to limit the spread of the virus, which was further followed by shutdown of numerous business operations impacting their growth. This also resulted in decline of 5.8% in the worldwide CO2 emissions which was recorded to be five times larger than the one recorded during the global financial crisis in 2009. However, in 2021, the demand for oil, gas and coal is estimated to witness growth, which is further projected to create opportunities for market growth. Moreover, rising environment degradation and awareness related to climate change is motivating many key players to employ sustainable energy strategies and invest significantly in environment-friendly power generation technologies with an aim to promote sustainable development among various nations around the world. Such factors are anticipated to promote the growth of the market in upcoming years.


Market Segmentation 

Our in-depth analysis of the global briquetting machine market includes the following segments:  

By Type

  • Hydraulic Type  
  • Piston Type
  • Roller Type

By Automation  

  • \Automatic
  • Semi-Automatic
  • Manual

Growth Drivers  

  • Increasing Awareness regarding Waste Management amongst People
  • Growing Industrialisation across the Globe

Challenges 

  • Easy and Cheaper Availability of Non-Renewable Sources


Major Macro-Economic Indicators Impacting the Market Growth
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Top Featured Companies Dominating the Market

    • CF Nielson A.S
      • Company Overview 
      • Business Strategy 
      • Key Product Offerings 
      • Financial Performance 
      • Key Performance Indicators 
      • Risk Analysis 
      • Recent Development 
      • Regional Presence 
      • SWOT Analysis 
    • RUF US, Inc.
    • Santec Exim Private Limited
    • WEIMA Maschinenbau GmbH
    • Jay Khodiyar Machine Tools
    • Maxton Industrial Co., Ltd.
    • Yuken Europe Ltd.               
    • GURU KIRPA Engineering Works
    • Zhengzhou E.P Machinery Co., Ltd.
    • GEMCO Energy Machinery Co., Ltd

In The News

  • April 2022: IBSRELA the first and only NHE3 inhibitor for the treatment of irritable bowel syndrome with constipation (IBS-C) in adults, has been made available by the biopharmaceutical company Ardelyx. The first Ardelyx product to receive approval from the US Food and Drug Administration is IBSRELA.
  • March 2022: Indegene a provider of technology-driven healthcare solutions, & meta Me Health, a maker of Regulora and a Prescription Digital Therapeutics (PDT) business, teamed up to offer Regulora as a remedy for irritable bowel syndrome-related stomach pain (IBS).

Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the briquetting machine market market?

Ans: The driving force for the growth of the briquetting machine market is the increasing awareness regarding waste management.

2) What would be the CAGR of briquetting machine market market over the forecast period?

Ans: The market is anticipated to attain a notable CAGR of ~7% over the forecast period, i.e., 2022-2031.

5) Who are the major players dominating the briquetting machine market market?

Ans: The major players in the market are CF Nielson A.S, Jay Khodiyar Machine Tools, Yuken Europe Ltd., GEMCO Energy Machinery Co., Ltd., and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the briquetting machine market?

Ans: The market is segmented by type, automation, and, by region.

8) Which sub-segment captures the largest market size in type segment in the briquetting machine market?

Ans: The roller-type segment is anticipated to hold the largest market size over the forecast period and display significant growth opportunities.

8) What are the challenges affecting the market growth?

Ans: The cheaper cost and widespread availability of non-renewable sources are estimated to hamper the market growth.

8) Which region will provide more business opportunities for the growth of the briquetting machine market in the future?

Ans: The market in the Asia Pacific region is estimated to garner noteworthy growth over the forecast period on the back of flexible government guidelines for solid waste management.

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