This is opening doors for new players to set up plastic recycling plants and hence, indirectly impacts the bale openers market positively.
[USPRwire, Fri Aug 30 2019] The textile industry has been growing in the recent past due to increased spending on clothing consumption, especially in developing regions. In light of this, new small and medium scale players are entering the market. Given the significance of bale openers in the textile industry in breaking, cleaning and blending fabrics, the Bale Openers Market is estimated to expand till investments show an upsurge. Also, the recycling of plastics has seen a boom in the recent past owing to the growing awareness, environmental concerns and optimistic political stance. The demand for recycling plastics has been increasing and current capacities are insufficient. This is opening doors for new players to set up plastic recycling plants and hence, indirectly impacts the bale openers market positively.
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Bale openers are machines designed to break down or disassemble a range of materials. They perform tasks such as mixing and blending fiber stock from bales. Bale openers are also used for pre-cleaning and removing dust from bales. They are mainly used in the textile industry and waste recycling plants at the initial stage of product reception. Bale openers were traditionally only stationary and with the introduction of moving bale openers, the productivity of downstream equipment has marginally increased.
Bale Openers Market: Dynamics
However, the textile industry is fragmented and hence, sees the presence of several small-scale players that do not necessarily install heavy machinery such as bale openers. Factors such as lack of awareness and cost of bale openers also act as restraining factors for the bale openers market.
Manufacturers of bale openers are highly focused on developing newer products in order to offer bale openers with enhanced capacity and efficiency. Companies such as Rieter are protecting their technology by patenting it. As the machine is a compact machine with several components, the use of reliable parts will prove to be beneficial in enhancing the brand image of the companies manufacturing bale openers. The companies offering after-sales services are anticipated to have a competitive edge in the market and would attract more customers due to these services.
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Bale Openers Market: Regional Outlook
From a regional perspective, the Asia Pacific bale openers market is expected to offer high growth in terms of volume sales of bale openers whereas the Europe bale openers market is highly dense due to the presence of several manufacturers of bale openers, especially in Western Europe. Moreover, North America is also a technologically advanced region. The installation of bale openers is expected to be high in the region due to the innovative technologies being installed in plastic recycle and textile manufacturing. The Middle East and Africa bale openers market is in an optimistic position to offer growth potential to the manufacturers of bale openers. The Latin America bale openers market is anticipated to grow at a steady rate over the forecast period.
Some of the market participants in the global bale openers market identified across the value chain include Rieter, Trützschler GmbH & Co. KG, TECNOFER, Dell'Orco & Villani Srl, Piotex Textech Pvt. Ltd., Osprey Corporation, Camozzi Group, Cross Wrap Oy Ltd, ReTec Miljø ApS, A.T.E. Private Limited., Leggett & Platt, Incorporated, Cormatex Srl, Nomaco GmbH & Co KG, Eggersmann GmbH and AMUT S.p.A.
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