Global Deflaker Market to have a Steady Walk through the Forecasted Period at a CAGR of 4.6%, reaching US$ 1232.6 Million by 2034, FMI Report
The deflaker market is driven by two main forces: expanding use in paper production and growing adoption by smaller manufacturers. Increased demand for paper across packaging, food & beverage, and chemical industries fuels the need for deflakers. Additionally, advancements in deflaker technology are making them more accessible to smaller businesses, boosting market growth.
NEWARK, Del., April 17, 2024 /PRNewswire/ -- Compared to the historical period, the global deflaker market is estimated to see a better future as it forecasts a moderate market advancement at a CAGR of 4.6%. It will elevate the market size to US$ 1232.6 million by 2034.
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Technological development is enabling small-scale businesses to enhance their production efficiency. Consequently, the number of marketers in the market is increasing, bolstering its cash flow. Hence, this is an important market driver.
The growth of industries, including packaging, food and beverage, and chemical industries, led to the rising requirement for paper production. Therefore, this is a crucial market driver for the market under consideration. The growing concerns about sustainability place emphasis on recycling products. Hence, the demand for deflakers increases, thereby driving the subject market.
Report Scope
Attributes
Details
Estimated Market Size in 2024
US$ 786.2 million
Projected Market Valuation in 2034
US$ 1,232.6 million
Value-based CAGR 2024 to 2034 4.6 %
Forecast Period
2024 to 2034
Historical Data Available for
2019 to 2023
Market Analysis
Value in US$ million
Key Market Segments Covered
By Power:
Below 90 kW
90 kW-400 kW
400 kW-800 kW
Above 800 kW
By Application:
Stock Preparation
Broke Handling Processes
By Region:
North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
The Middle East and Africa
Key Countries Profiled
The United States
Canada Italy
Poland New Zealand
China
Brazil
Mexico Russia
Czech Japan
South
Germany
The United Republic
Romania Korea
GCC
Kingdom
France India Countries
South
Spain Bangladesh Africa
Israel
Australia
Key Coverage of Deflaker Market Report
Thorough analysis of the competitive landscape of the market.
Key coverage of
theoretical frameworks like PESTLE analysis, Porter's five-force analysis, etc.
Key coverage of the investment opportunities in deflaker manufacturers and investment
matrix analysis.
Emerging regions' analysis and growth opportunities in these
markets.
Market restraints, drivers, opportunities, and threats.
Key Takeaways from the Market Study
-- The Indian market forecasts a promising future as an emerging market as
it progresses at the highest CAGR of 5.9%.
-- The United States of America holds a substantial market share, leading
the global deflaker market. It registers its advancement at a CAGR of
4.5%.
-- Stock preparation, a surging requirement for paper pulp extraction,
forms the largest market segment exploited. It holds 70.3% of the market
space.
-- Deflakers requiring power below 90kW are preferred the most. This has
increased their demand, helping the market segment hold 61.7% of the
market space.
"The raw material required for the paper production faces critical pricing issues due to different global parameters, which affects the subject market and creates a critical challenge for the market," says Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.).
Competitive Landscape
The competition in the global deflaker market gains great significance from the new entrant's perspective. This is because the new entrants can negotiate the threat of competition through simple innovation and branding.
However, many competitors expand in the market using different strategic initiatives to mitigate the threat of new entrants. Strategic partnerships, collaborations, mergers and acquisitions, and venture expansion are some strategic moves.
The following are the key market developments that occurred in the market:-
-- In February 2020, Parason entered the paper machine manufacturing
vertical. The organization aimed to gain complete control of the
suppliers' market and deliver tailored solutions to customers through
innovative yet economical solutions.
-- In June 2022, Voith acquired ARGO-HYTOS Group. The strategic move has
helped the organization diversify its business in different market
verticals. Also, the competencies of both organizations complement each
other. It allows the organization to extend its product offerings
through the family business.
Purchase now and gain full access to the Deflaker Industry report, featuring comprehensive Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives.
More Valuable Insights Available
Future Market Insights offers an unbiased global deflaker market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034.
The subject market is segmented by Power (Below 90 kW, 90 kW-400 kW, 400 kW-800 kW, and Above 800 kW) and By Application (Stock Preparation and Broke Handling Processes).
About the Industrial Automation Domain at Future Market Insights
Future Market Insights' industrial automation team offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With over 100+ reports and one million+ data points, the team has lucidly analyzed the industry in 50+ countries for over a decade. The team briefly analyzes key trends, including competitive landscape, profit margin, and research development efforts.
About the Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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