Rockville , May 09, 2023 (GLOBE NEWSWIRE) -- Fact.MR, a market research and competitive intelligence provider, reveals that the global hydrapulper market is set to garner US$ 2.1 billion by the end of 2033, rising at a 4% CAGR from 2023 to 2033.
A hydrapulper is a machine that converts shredded paper drenched in water into a pulp. The pulp can be used to manufacture a variety of products with the addition of chemicals. The device is made up of a stainless steel container that contains a spiral blade. A motor is employed to transmit power, and the motor shafts and the spiral blade are connected by a belt and pulley system. The spiral blade (with a rising radius) causes friction between neighboring layers, converting the shredded paper into the basic fibers that comprise the pulp. The pulp generated can be utilized to make paper or any other paper-based product.
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Rise of the e-commerce, packaging, and printing industries is driving up global demand for pulp and paper. As a result, there is a greater demand for efficient and cost-effective pulping equipment, such as hydrapulpers. Technological advancements have made hydrapulpers more efficient and adaptable, resulting in increased application in the pulp and paper sector. Hydrapulpers, for example, have become more efficient and easier to run as a result of the development of automated systems and enhanced control systems.
As people become more aware of the environmental impact of pulp and paper production, there is a greater demand for more environmentally friendly pulping equipment. Hydrapulpers are more environmentally friendly than conventional pulping technologies, and their use is growing as a result. Government rules aimed at lowering the environmental impact of pulp and paper production have encouraged the use of hydrapulpers. For example, regulations limiting the use of certain chemicals in pulp production have spurred demand for more ecologically friendly pulping equipment such as hydrapulpers.
Key Takeaways from Market Study
- The global hydrapulper market amounted to US$ 1.42 billion in 2023.
- Worldwide sales of hydrapulpers are expected to touch US$ 2.1 billion by 2033.
- The global market is set to expand at a CAGR of 4% during the forecast period (2023 to 2033).
- The United States market is predicted to reach US$ 510.4 million by 2033.
The global hydrapulper market is growing steadily due to rising demand for pulp & paper, technological advancements, increasing environmental awareness, and strong government regulations supporting sustainability practices, says a Fact.MR analyst.
Key Companies Profiled in Report
- Leizhan Machinery
- Okchem, Zibo Shiao Machinery
- Parason
- CNBM International Pulp and Paper
- Qinyang City Haiyang Paper Making Machinery Co. Ltd
- Jiangsu Leizhan International Trade Co. Ltd
- Qinyang Aotian Machinery Manufacturing Co. Ltd
- Weifang Greatland Machinery Co. Ltd
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Regional Analysis
North America is dominating the global hydrapulper market. The United States is boosting regional market growth due to the growing demand for sustainable packaging and paper goods. Moreover, Asia Pacific and Europe are following North America in terms of development.
Key Segments of Hydrapulpers Industry Research Report
- By Type:
- Hydrapilpers
- D Type Hydrapulpers
- Drum Hydrapulpers
- Others
- By Application:
- Pulp Industry
- Wastepaper Processing
- Paper Making
- Others
- By Region:
- North America
- Latin America
- Europe
- Asia Pacific & China
- Middle East & Africa
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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global hydrapulper market, presenting historical demand data (2018 to 2022) and forecast statistics for the period (2023 to 2033).
The study divulges essential insights on the market based on type (hydrapilpers, D type hydrapulpers, drum hydrapulpers, others) and application (pulp industry, wastepaper processing, paper making, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
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