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Market Overview of Global Two-Ram Balers market:
According to our latest research, the global Two-Ram Balers market looks promising in the next 5 years. As of 2022, the global Two-Ram Balers market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
Two-Ram Balers are balers equipped with two cylinders. The cylinder size and system pressure combine to provide sufficient force to compress the material. With their solid construction and flexibility, Two-Ram balers offer performance and cost-effective advantages over single ram balers. The larger feed opening of the Two-Ram Balers allows material to enter the machine faster, allowing bulky materials to be baled with little to no pretreatment. It has larger packing size and packing density, effectively saving manpower and time. It has a wide range of applications, including tire baling, cardboard baling, plastic bottle baling, textile baling, paper baling and fiber baling, etc.
Fewer competitors can survive
The Two-Ram Balers industry has been in a downturn due to government lockdowns due to COVID-19. Small and medium-sized enterprises are faced with rising production costs and stagnant downstream demand, and a broken capital chain has increased the risk of bankruptcy. The epidemic will accelerate the reshuffle and integration of the Two-Ram Balers industry. After the epidemic, the market is bound to recover. For those strong and competitive companies, the competitive environment of the Two-Ram Balers industry will be greatly improved, and the market share vacated by the fallen small and medium companies will promote the integration of industry resources and mergers and acquisitions. So COVID-19 has resulted in fewer Two-Ram Balers competitors in the industry.
Business operating costs increase
As the epidemic gradually came under control, some factories began to resume work. However, Two-Ram Balers needs to protect the life and health of employees during the production process, such as purchasing masks, disinfectant and other anti-epidemic materials, disinfecting the working environment before and after production, and checking the temperature of employees every day to ensure the safety of production and the safety of employees. of good health. These measures will increase production costs and affect the development of Two-Ram Balers business.
Increased demand for industrial recycling of metals
Baling of industrial recycled metals such as aluminum profiles, copper pipes and wires is one of the main application areas of Two-Ram Balers. Using recycled scrap metal as raw material to produce new products can achieve considerable economic and environmental benefits. First, metal recycling can reduce the need for raw materials, and metals can circulate infinitely in a closed loop without loss of quality. This reduces the exploitation of limited natural resources and saves high mining costs. And recycling scrap metal can use less energy, resulting in less carbon emissions and less pollution. The United States dominates the global scrap metal recycling market owing to the high demand for scrap metal from the highly advanced automotive, construction, and electrical industries in the United States. According to the Canadian Recycling Industries Association, 160,000 Canadians are directly or indirectly employed by scrap metal recycling businesses. Hence, increasing demand for industrial recycling of metals in North America has created a need for more balers in the market, driving the Two-Ram Balers industry.
Paper recycling trends are increasing
The increasing trend of waste paper recycling is favorable for the market expansion of double column balers. Old newspapers, periodicals, corrugated paper, wrapping paper, paper mill waste and other types of waste paper can all be recycled. With increasing awareness of environmental protection, more and more consumers realize that waste paper recycling can reduce the infiltration of toxic substances from landfills into the soil and air pollution from incinerators, and paper mills are also increasingly using recycled paper materials for manufacturing and packaging. Studies have shown that air pollution during paper production can be reduced by 73% if paper is produced from recycled materials instead of raw materials. In addition, the tight supply of wood fiber has pushed up the global pulp and wood chip cost by 10%, which has also promoted the development of the recycled paper industry. According to the American Forest and Paper Association, 68% of all paper consumed in the United States will be recycled by 2021. Therefore, paper companies need more balers to speed up waste paper recycling, thus increasing the demand for double-plunger balers.
Production technology is difficult
Two-Ram Balers has high requirements on R&D design and production process. Two-Ram Balers needs to customize the design according to the customer's needs according to the customer's production process, site layout, shape and material of the packaged objects. With the acceleration of technological innovation and product upgrading in the industry, enterprises need to continuously develop new technologies to meet the continuous changes in customer needs. The Two-Ram Balers production line involves advanced technologies such as mechanical processing, electrical control, information system control and microelectronics, and the production process is complex. Manufacturers need to integrate multidisciplinary advanced technologies to continuously improve the automation and intelligence level of Two-Ram Balers. Moreover, the patent system of the packaging machinery industry in North America is relatively mature, and new entrants in the industry can easily cause patent technology infringement. Therefore, the production technology of Two-Ram Balers is too difficult to limit the development of this industry.
Company Overview:
SIERRA, LEFORT AMERICA, American Baler were the top 3 players in the Two-Ram Balers market in 2022, taking up a market share of 30.29% together.
SIERRA
SIERRA is a global leader in the sale and support of processing equipment for the scrap recycling and waste industries. The company's processing equipment includes shear/Baler/Loggers, Two-Ram Balers, Portable Baler/Loggers, Material Handlers and Conveyors. The scope of services is mainly in the fields of scrap metal, waste recycling, fiber recycling, construction and demolition and material movers.
LEFORT AMERICA
LEFORT is a leading manufacturer of high quality scrap metal recycling equipment: shears, balers and shredders. LEFORT is an ISO 9001 certified company. This certification is a testament to LEFORT's commitment to continuous optimization, performance and quality approach over the years.
Segmentation Overview:
By type, Stationary segment accounted for the largest share of market in 2021.
Application Overview:
By application, the Recycling Center segment occupied the biggest share from 2017 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Two-Ram Balers market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Two-Ram Balers Market Report:
Market Size Estimates: Two-Ram Balers market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Two-Ram Balers market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Two-Ram Balers market
Segment Market Analysis: Two-Ram Balers market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Two-Ram Balers market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Two-Ram Balers Market: Revenue and sales volume of major countries in each region
Two-Ram Balers Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Two-Ram Balers market in major regions.
Two-Ram Balers Industry Value Chain: Two-Ram Balers market raw materials & suppliers, manufacturing process, distributors, downstream customers
Two-Ram Balers Industry News, Policies & Regulations
Key players in the global Two-Ram Balers market are covered in Chapter 12:
International Baler
Bramidan
Harris
SIERRA
Catawba Baler & Equipment (CB&E)
Excel Manufacturing
LEFORT AMERICA
IMABE Iberica
Maren Engineering
Marathon Equipment Company
Cram-A-Lot
American Baler
Harmony
In Chapter 2 and Chapter 15.1, based on types, the Two-Ram Balers market from 2018 to 2028 is primarily split into:
Stationary
Portable
In Chapter 3 and Chapter 15.2, based on applications, the Two-Ram Balers market from 2018 to 2028 covers:
Recycling Center
Scrap Yard
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Two-Ram Balers market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028