Europe Plastic Micronizer Market
Europe Plastic Micronizer Market by Separation Mixture (Liquid-liquid mixtures, Solid-liquid suspensions, Gas/liquid-solid mixtures), by Use Case (Plastic Manufacturing, Chemical Purification, Mineral and Ore Production) & by Country - Global Insights 2023 to 2033
Analysis of Europe Plastic Micronizer Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Plastic Micronizer Market Outlook (2023 to 2033)
The Europe plastic micronizer market is set to enjoy a valuation of US$ 365 Million in 2023 and further expand at a CAGR of 3.4% to reach US$ 510 Million by the end of 2033.
In the current market scenario, the production of plastic micronizers is not up to mark owing to several hindering factors. However, the growing need for micron-level plastic resins across various industries will lift the market growth in Europe.
| Report Attributes | Details |
|---|---|
| Plastic Micronizer Market Size (2022A) | US$ 354 Million |
| Estimated Market Value (2023E) | US$ 365 Million |
| Forecasted Market Value (2033F) | US$ 510 Million |
| Europe Market Growth Rate (2023 to 2033) | 3.4% CAGR |
| Germany Market Share (2022) | ~ 26% |
| United Kingdom Market Growth Rate (2023 to 2033) | ~ 2.2% CAGR |
| Market Share of Top 5 Companies | ~ 23.2% |
| Key Companies Profiled | Arda Trade; Orenda; Powder Platic; Quality Chemicals; Hosokawa alpine; Natural plast; Isoltech; Parspatent |
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Sales Analysis of Plastic Micronizer (2018 to 2022) Vs. Market Forecast Outlook (2023 to 2033)
The amplification of plastic production is directly proportional to the growing negative impact on the environment. The demand for plastic has increased in various sectors such as building and construction, packaging, electronics, and automotive which automatically increased its waste in Europe.
Additionally, stimulating concern regarding environmental safety and marine life has spurred the demand for plastic recycling in which plastic micronizer has played a crucial role. For instance, in 2021, approximately 10.2 million tonnes of plastic leftover were composed and directed to recycling services inside and outside Europe. Hence, from 2018 through 2022, the plastic micronizer market has expanded significantly by reflecting a compound annual growth rate of 3.2%.
Moreover, strong government support for plastic waste management in Europe will be backing the financial aid for the market players. The demand for powdered plastic in several industries is increasing day by day, which will accelerate the sale of plastic micronizer in the assessment period.
In addition, Europe is trying to integrate novel technologies for plastic recycling owing to the ban on the import of plastic waste in China which create a ray of hope in the plastic micronizer market in terms of technological advancements and innovation. Thus, Fact.MR anticipated that the plastic micronizer market in Europe would depict an overall compound annual growth rate of 3.4% from 2023 to 2033.
- Short Term (2023 to 2026): The growing demand for recycled products will elevate the use of micronized plastic in numerous industries, which will indicate noteworthy growth of the plastic micronizer market in the near-term forecast period.
- Medium Term (2026 to 2029): Growth in technological advancements in plastic waste management systems will escalate the manufacturing units of plastic micronizer from 2026 to 2029.
- Long Term (2029 to 2033): Stringent government regulations and initiatives for plastic waste management will support the market growth for the long-term forecast period.
Over the 2018 to 2022 historical period, the Europe plastic micronizer market registered a CAGR of 3.2%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 3.4% CAGR between 2023 and 2033.
Market share analysis of plastic micronizer based on separation mixture and country is provided in a nutshell in the above image. Under the separation mixture segment, solid-liquid suspension sub-segment dominates with 38% market share in 2022.
What’s Driving the Demand for Plastic Micronizer?
“Growing Circular Economy in Europe Led to Push the Market Growth At a Significant Pace’’
The plastic industry is widely spread across Europe due to its appreciable use in various industries. However, the negative impact of plastic on the environment has spread awareness and concern regarding its harmful impact.
Hence, there is a need for proper management of plastic waste by various processing, plastic micronizer is one of them. Europe is strongly focusing on the waste recycling process and plastic micronizer is one of the suitable options for plastic waste management for which Europe has also implemented a European strategy of plastic in 2018 for better reduction of plastic pollution. This factor will pull up the growth of the plastic micronizer market.
Additionally, there is a huge requirement for micron-level plastic resins in certain manufacturing processes. For instance, the need for plastic resins in conveyer belts, ATMs, and food production lines is expected to spur market growth over the forecast period.
“Vigorous Government Support and Progression in Plastic Micronizer to Stimulate Market Growth”
The growing proportion of plastic waste in Europe has increased the burden on the European government to install plastic waste management techniques that support the escalation of market growth. Strong government regulation, as well as strong financial provisions, are the prominent supportive factors for the manufacturers of plastic micronizer.
The investment in research and development has pushed forward product advancements which escalate the market growth. The growing advancements have also increased the use of plastic micronizer in various use cases such as chemical purification, plastic manufacturing, mineral, and ore production, etc.
Additionally, the focus of market players on the adoption of different separation mixtures to direct the efficacy and purity of microplastic resins will further expand the application of plastic micronizer in the marketplace.
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What Do Plastic Micronizer Manufacturers Need to Watch Out for?
“Increasing Cost of Plastic Resin Will Hamper the Use of Plastic Micronizer”
There is a growing need for plastic resins in Europe however, due to the wide gap between demand and supply the price has increased. The piercing thrive of plastic resins in the energy markets is also important for a huge gain and unstable trading owing to undefined conditions in Europe. The rising cost will limit the use of micron-level plastic resins across different countries, which will undeniably decrease the production and sale of plastic micronizer around Europe.
Apart from this, microplastics has also a negative impact on marine life when dispose of in marine water. Moreover, there are strict regulations and bans on plastic resins in the international cosmetics market which will hamper the use and export of plastic micronizer.
Country-wise Insights
Which Country will Lead the Plastic Micronizer Market Sales?
The increasing urbanization and industrialization have pushed the higher contribution of plastic waste in overall waste production. This creates a demand for plastic recycling and plastic waste management in Germany which escalate the use of plastic micronizer.
Furthermore, the demand for plastic resins in various industries will push the product demand in Germany. The country ranks 1st in global plastic waste management and is expected to follow the same trend to hold its position. According to Fact.MR, Germany leads the sales of plastic micronizers by accounting for more than 20% of the overall market value in 2022.
Also, the expected industrial and economic development along with strong government support is projected to sparkle the German plastic micronizer market with a CAGR of 3.8% from 2023 to 2033.
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Category-wise Insights
What is escalating the Use of Solid-liquid Suspension Mixture for Separation?
The appropriate selection of separation mixture plays a crucial role in the plastic micronizer market. The difference in the density of various plastic materials is one of the vital factors in choosing separation materials. There are three separation mixtures are used in the plastic micronizer for the separation of plastic materials i.e., liquid-liquid mixture, solid-liquid suspension, and gas/liquid-solid mixture. Which solid-liquid suspension is gain higher popularity than the other two.
The prominent reason behind the huge acceptance of solid-liquid suspension mixture is the prevention of bubble generation and uniform consideration of fluidization state than the gas-liquid mixture.
Thus, it is anticipated that the solid-liquid suspension mixture is expected to hold 38% of the plastic micronizer market in the year 2023 and is expected to grow with a compound annual growth rate of 2.6% over the assessment period 2023 to 2033.
Which Use Case of Plastic Micronizer Support the Market Growth?
Chemical purification is expected to lead the market by use case. The segment is projected to hold approximately 38% of the value market share of the European plastic micronizer market in the year 2023.
Chemical purification plays important role in the plastic micronization process. Plastic micronizer is helps to remove unusable materials from plastics to provide the final material which can be used in various industries.
Without chemical purification, the quality of the final product will be low which will further limit the acceptance. Thus, as per Fact.MR analysis chemical purification sub-segment by use case of plastic micronizer is expected to fare with a CAGR of 3.1% over the projected year of 2023 to 2033.
Competitive Landscape
Arda Trade, Orenda, Powder Platic, Quality Chemicals, Hosokawa alpine, Natural plast, Isoltech, Parspatent are the key players in Europe Plastic Micronizer market.
Manufacturers of the plastic micronizer market are constantly focusing on the installation of novel techniques to produce efficient and hazardous-free micron-level plastic resins. Product development and business expansion are the key concentrating area of the top market players for business growth.
Furthermore, manufacturers are also trying to expand their business on a global scale by adopting in-organic growth tactics such as partnerships, collaborations, acquisitions, and merging. Thus, the implementation of organic as well as in-organic strategies will support the market players to generate expected revenue in the forecast period.
- In June 2021, Hosokawa Alpine AG, one of the leading market player of plastic micronizer announced to set a sales organization in Poland. The business expansion in Europe will positively affect the company’s revenue in the coming years.
Fact.MR has provided detailed information about the price points of key manufacturers of Plastic Micronizer positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Plastic Micronizer Industry Research
-
By Separation Mixture :
- Liquid-liquid mixtures
- Solid-liquid suspensions
- Gas/liquid-solid mixtures
-
By Use Case :
- Plastic Manufacturing
- Chemical Purification
- Mineral and Ore Production
- Pharma Manufacturing
- Food & Beverage Production
- Others
-
By Country :
- Germany
- France
- UK
- BENELUX
- Nordics
- Italy
- Spain
- Rest of Europe
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Europe Demand (Units) Analysis and Forecast
- 5. Europe Market - Pricing Analysis
- 6. Europe Market Value (US$ Million) Analysis and Forecast
- 7. Europe Market Analysis and Forecast, By Separation Mixture
- 7.1. Liquid-liquid mixtures
- 7.2. Solid-liquid suspensions
- 7.3. Gas/liquid-solid mixtures
- 8. Europe Market Analysis and Forecast, By Use Case
- 8.1. Plastic Manufacturing
- 8.2. Chemical Purification
- 8.3. Mineral and Ore Production
- 8.4. Pharma Manufacturing
- 8.5. Food & Beverage Production
- 8.6. Others
- 9. Europe Market Analysis and Forecast, By Country
- 9.1. Germany
- 9.2. France
- 9.3. UK
- 9.4. BENELUX
- 9.5. Nordics
- 9.6. Italy
- 9.7. Spain
- 9.8. Rest of Europe
- 10. Germany Market Analysis and Forecast
- 11. France Market Analysis and Forecast
- 12. UK Market Analysis and Forecast
- 13. BENELUX Market Analysis and Forecast
- 14. Nordics Market Analysis and Forecast
- 15. Italy Market Analysis and Forecast
- 16. Spain Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Orenda
- 18.2. Arda Trade
- 18.3. Powder Platic
- 18.4. Quality Chemicals
- 18.5. Hosokawa Alpine
- 18.6. Natural Plast
- 18.7. Isoltech
- 18.8. Parspatent
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 01: Europe Market Value (USD Million) and Forecast by Country, 2018 to 2022
Table 02: Europe Market Value (USD Million) and Forecast by Country, 2023 to 2033
Table 03: Europe Market Volume (Units) and Forecast by Country, 2018 to 2022
Table 04: Europe Market Volume (Units) and Forecast by Country, 2023 to 2033
Table 05: Europe Market Value (USD Million) and Forecast By Separation Mixture, 2018 to 2022
Table 06: Europe Market Value (USD Million) and Forecast By Separation Mixture, 2023 to 2033
Table 07: Europe Market Volume (Units) and Forecast By Separation Mixture, 2018 to 2022
Table 08: Europe Market Volume (Units) and Forecast By Separation Mixture, 2023 to 2033
Table 09: Europe Market Value (USD Million) and Forecast By Use Case, 2018 to 2022
Table 10: Europe Market Value (USD Million) and Forecast By Use Case, 2023 to 2033
Table 11: Europe Market Volume (Units) and Forecast By Use Case, 2018 to 2022
Table 12: Europe Market Volume (Units) and Forecast By Use Case, 2023 to 2033
Table 17: Germany Market Value (USD Million) and Forecast By Separation Mixture, 2018 to 2022
Table 18: Germany Market Value (USD Million) and Forecast By Separation Mixture, 2023 to 2033
Table 19: Germany Market Volume (Units) and Forecast By Separation Mixture, 2018 to 2022
Table 20: Germany Market Volume (Units) and Forecast By Separation Mixture, 2023 to 2033
Table 21: Germany Market Value (USD Million) and Forecast By Use Case, 2018 to 2022
Table 22: Germany Market Value (USD Million) and Forecast By Use Case, 2023 to 2033
Table 23: Germany Market Volume (Units) and Forecast By Use Case, 2018 to 2022
Table 24: Germany Market Volume (Units) and Forecast By Use Case, 2023 to 2033
Table 28: France Market Value (USD Million) and Forecast By Separation Mixture, 2018 to 2022
Table 29: France Market Value (USD Million) and Forecast By Separation Mixture, 2023 to 2033
Table 30: France Market Volume (Units) and Forecast By Separation Mixture, 2018 to 2022
Table 31: France Market Volume (Units) and Forecast By Separation Mixture, 2023 to 2033
Table 32: France Market Value (USD Million) and Forecast By Use Case, 2018 to 2022
Table 33: France Market Value (USD Million) and Forecast By Use Case, 2023 to 2033
Table 34: France Market Volume (Units) and Forecast By Use Case, 2018 to 2022
Table 35: France Market Volume (Units) and Forecast By Use Case, 2023 to 2033
Table 40: UK Market Value (USD Million) and Forecast By Separation Mixture, 2018 to 2022
Table 41: UK Market Value (USD Million) and Forecast By Separation Mixture, 2023 to 2033
Table 42: UK Market Volume (Units) and Forecast By Separation Mixture, 2018 to 2022
Table 43: UK Market Volume (Units) and Forecast By Separation Mixture, 2023 to 2033
Table 44: UK Market Value (USD Million) and Forecast By Use Case, 2018 to 2022
Table 45: UK Market Value (USD Million) and Forecast By Use Case, 2023 to 2033
Table 46: UK Market Volume (Units) and Forecast By Use Case, 2018 to 2022
Table 47: UK Market Volume (Units) and Forecast By Use Case, 2023 to 2033
Table 52: BENELUX Market Value (USD Million) and Forecast By Separation Mixture, 2018 to 2022
Table 53: BENELUX Market Value (USD Million) and Forecast By Separation Mixture, 2023 to 2033
Table 54: BENELUX Market Volume (Units) and Forecast By Separation Mixture, 2018 to 2022
Table 55: BENELUX Market Volume (Units) and Forecast By Separation Mixture, 2023 to 2033
Table 56: BENELUX Market Value (USD Million) and Forecast By Use Case, 2018 to 2022
Table 57: BENELUX Market Value (USD Million) and Forecast By Use Case, 2023 to 2033
Table 58: BENELUX Market Volume (Units) and Forecast By Use Case, 2018 to 2022
Table 59: BENELUX Market Volume (Units) and Forecast By Use Case, 2023 to 2033
Table 64: Nordics Market Value (USD Million) and Forecast By Separation Mixture, 2018 to 2022
Table 65: Nordics Market Value (USD Million) and Forecast By Separation Mixture, 2023 to 2033
Table 66: Nordics Market Volume (Units) and Forecast By Separation Mixture, 2018 to 2022
Table 67: Nordics Market Volume (Units) and Forecast By Separation Mixture, 2023 to 2033
Table 68: Nordics Market Value (USD Million) and Forecast By Use Case, 2018 to 2022
Table 69: Nordics Market Value (USD Million) and Forecast By Use Case, 2023 to 2033
Table 70: Nordics Market Volume (Units) and Forecast By Use Case, 2018 to 2022
Table 71: Nordics Market Volume (Units) and Forecast By Use Case, 2023 to 2033
Table 76: Italy Market Value (USD Million) and Forecast By Separation Mixture, 2018 to 2022
Table 77: Italy Market Value (USD Million) and Forecast By Separation Mixture, 2023 to 2033
Table 78: Italy Market Volume (Units) and Forecast By Separation Mixture, 2018 to 2022
Table 79: Italy Market Volume (Units) and Forecast By Separation Mixture, 2023 to 2033
Table 80: Italy Market Value (USD Million) and Forecast By Use Case, 2018 to 2022
Table 81: Italy Market Value (USD Million) and Forecast By Use Case, 2023 to 2033
Table 82: Italy Market Volume (Units) and Forecast By Use Case, 2018 to 2022
Table 83: Italy Market Volume (Units) and Forecast By Use Case, 2023 to 2033
Table 88: Spain Market Value (USD Million) and Forecast By Separation Mixture, 2018 to 2022
Table 89: Spain Market Value (USD Million) and Forecast By Separation Mixture, 2023 to 2033
Table 90: Spain Market Volume (Units) and Forecast By Separation Mixture, 2018 to 2022
Table 91: Spain Market Volume (Units) and Forecast By Separation Mixture, 2023 to 2033
Table 92: Spain Market Value (USD Million) and Forecast By Use Case, 2018 to 2022
Table 93: Spain Market Value (USD Million) and Forecast By Use Case, 2023 to 2033
Table 94: Spain Market Volume (Units) and Forecast By Use Case, 2018 to 2022
Table 95: Spain Market Volume (Units) and Forecast By Use Case, 2023 to 2033
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List Of Figures
Figure 01: Europe Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 02: Europe Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 03: Europe Market Value (USD Million) and Volume (Units) by Country, 2023 & 2033
Figure 04: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 05: Europe Market Value (USD Million) and Volume (Units) By Separation Mixture, 2023 & 2033
Figure 06: Europe Market Y-o-Y Growth Rate By Separation Mixture, 2023 to 2033
Figure 07: Europe Market Value (USD Million) and Volume (Units) By Use Case, 2023 & 2033
Figure 08: Europe Market Y-o-Y Growth Rate By Use Case, 2023 to 2033
Figure 09: Germany Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 10: Germany Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 13: Germany Market Value (USD Million) and Volume (Units) By Separation Mixture, 2023 & 2033
Figure 14: Germany Market Y-o-Y Growth Rate By Separation Mixture, 2023 to 2033
Figure 15: Germany Market Value (USD Million) and Volume (Units) By Use Case, 2023 & 2033
Figure 16: Germany Market Y-o-Y Growth Rate By Use Case, 2023 to 2033
Figure 18: Germany Market Attractiveness Analysis By Separation Mixture, 2023 to 2033
Figure 19: Germany Market Attractiveness Analysis By Use Case, 2023 to 2033
Figure 20: France Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 21: France Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 24: France Market Value (USD Million) and Volume (Units) By Separation Mixture, 2023 & 2033
Figure 25: France Market Y-o-Y Growth Rate By Separation Mixture, 2023 to 2033
Figure 26: France Market Value (USD Million) and Volume (Units) By Use Case, 2023 & 2033
Figure 27: France Market Y-o-Y Growth Rate By Use Case, 2023 to 2033
Figure 29: France Market Attractiveness Analysis By Separation Mixture, 2023 to 2033
Figure 30: France Market Attractiveness Analysis By Use Case, 2023 to 2033
Figure 31: UK Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 32: UK Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 35: UK Market Value (USD Million) and Volume (Units) By Separation Mixture, 2023 & 2033
Figure 36: UK Market Y-o-Y Growth Rate By Separation Mixture, 2023 to 2033
Figure 37: UK Market Value (USD Million) and Volume (Units) By Use Case, 2023 & 2033
Figure 38: UK Market Y-o-Y Growth Rate By Use Case, 2023 to 2033
Figure 40: UK Market Attractiveness Analysis By Separation Mixture, 2023 to 2033
Figure 41: UK Market Attractiveness Analysis By Use Case, 2023 to 2033
Figure 42: BENELUX Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 43: BENELUX Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 46: BENELUX Market Value (USD Million) and Volume (Units) By Separation Mixture, 2023 & 2033
Figure 47: BENELUX Market Y-o-Y Growth Rate By Separation Mixture, 2023 to 2033
Figure 48: BENELUX Market Value (USD Million) and Volume (Units) By Use Case, 2023 & 2033
Figure 49: BENELUX Market Y-o-Y Growth Rate By Use Case, 2023 to 2033
Figure 51: BENELUX Market Attractiveness Analysis By Separation Mixture, 2023 to 2033
Figure 52: BENELUX Market Attractiveness Analysis By Use Case, 2023 to 2033
Figure 53: Nordics Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 54: Nordics Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 57: Nordics Market Value (USD Million) and Volume (Units) By Separation Mixture, 2023 & 2033
Figure 58: Nordics Market Y-o-Y Growth Rate By Separation Mixture, 2023 to 2033
Figure 59: Nordics Market Value (USD Million) and Volume (Units) By Use Case, 2023 & 2033
Figure 60: Nordics Market Y-o-Y Growth Rate By Use Case, 2023 to 2033
Figure 62: Nordics Market Attractiveness Analysis By Separation Mixture, 2023 to 2033
Figure 63: Nordics Market Attractiveness Analysis By Use Case, 2023 to 2033
Figure 64: Italy Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 65: Italy Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 68: Italy Market Value (USD Million) and Volume (Units) By Separation Mixture, 2023 & 2033
Figure 69: Italy Market Y-o-Y Growth Rate By Separation Mixture, 2023 to 2033
Figure 70: Italy Market Value (USD Million) and Volume (Units) By Use Case, 2023 & 2033
Figure 71: Italy Market Y-o-Y Growth Rate By Use Case, 2023 to 2033
Figure 73: Italy Market Attractiveness Analysis By Separation Mixture, 2023 to 2033
Figure 74: Italy Market Attractiveness Analysis By Use Case, 2023 to 2033
Figure 75: Spain Market Value (USD Million) and Volume (Units) Forecast, 2023 to 2033
Figure 76: Spain Market Absolute $ Opportunity (USD Million), 2023 to 2033
Figure 79: Spain Market Value (USD Million) and Volume (Units) By Separation Mixture, 2023 & 2033
Figure 80: Spain Market Y-o-Y Growth Rate By Separation Mixture, 2023 to 2033
Figure 81: Spain Market Value (USD Million) and Volume (Units) By Use Case, 2023 & 2033
Figure 82: Spain Market Y-o-Y Growth Rate By Use Case, 2023 to 2033
Figure 84: Spain Market Attractiveness Analysis By Separation Mixture, 2023 to 2033
Figure 85: Spain Market Attractiveness Analysis By Use Case, 2023 to 2033
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- FAQs -
What is the Europe Plastic Micronizer market size?
The Europe plastic micronizer market is anticipated to be valued at US$ 365 Million in 2023.
How is the market for Plastic Micronizer expected to fare going forward?
Worldwide demand for plastic micronizer is anticipated to reach US$ 510 Million by 2033-end.
How did the market perform over the last few years?
During 2018 to 2022, sales of plastic micronizer increased at 3.2% CAGR.
Which country level Plastic Micronizer market accounts for a leading market share?
Germany tops the Europe plastic micronizer market and will account for more than 25% market share in 2033.
Which separation mixture holds the highest market share?
Solid-liquid suspension mixture will account for roughly 38% share of Europe sales by the end of 2023.
Europe Plastic Micronizer Market