Drum Melter Trends and Forecast
The future of the global drum melter market looks promising with opportunities in the automotive, textile, filter, packaging, and electronic markets. The global drum melter market is expected to grow with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are growing demand for efficient and automated adhesive melting processes, increasing adoption of drum melters in various packaging applications, and expanding usage of this equipment in construction and manufacturing sectors.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Drum Melter by Segment
The study includes a forecast for the global drum melter by type, application, and region.
Drum Melter Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Small Capacity
• Large Capacity
Drum Melter Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Textile
• Filter
• Packaging
• Electronics
• Others
Drum Melter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Drum Melter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies drum melter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the drum melter companies profiled in this report include-
• BÜHNEN
• Valco Cincinnati
• SM Klebetechnik Vertriebs
• LimTeknikk
• Hwang Sun Enterprise
• Beeco
• APRO Technologies
• MELER
• Illinois Tool Works
• Delta Wye Electronics
Drum Melter Market Insights
Lucintel forecasts that small capacity is expected to witness the higher growth over the forecast period.
Within this market, packaging is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Drum Melter Market
Market Size Estimates: Drum melter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Drum melter market size by type, application, and region in terms of value ($B).
Regional Analysis: Drum melter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the drum melter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the drum melter market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for drum melter market?
Answer: The global drum melter market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the drum melter market?
Answer: The major drivers for this market are growing demand for efficient and automated adhesive melting processes, increasing adoption of drum melters in various packaging applications, and expanding usage of this equipment in construction and manufacturing sectors.
Q3. What are the major segments for drum melter market?
Answer: The future of the drum melter market looks promising with opportunities in the automotive, textile, filter, packaging, and electronic markets.
Q4. Who are the key drum melter market companies?
Answer: Some of the key drum melter companies are as follows:
• BÜHNEN
• Valco Cincinnati
• SM Klebetechnik Vertriebs
• LimTeknikk
• Hwang Sun Enterprise
• Beeco
• APRO Technologies
• MELER
• Illinois Tool Works
• Delta Wye Electronics
Q5. Which drum melter market segment will be the largest in future?
Answer: Lucintel forecasts that small capacity is expected to witness the higher growth over the forecast period.
Q6. In drum melter market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the drum melter market by type (small capacity and large capacity), application (automotive, textile, filter, packaging, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Drum Melter Market, Drum Melter Market Size, Drum Melter Market Growth, Drum Melter Market Analysis, Drum Melter Market Report, Drum Melter Market Share, Drum Melter Market Trends, Drum Melter Market Forecast, Drum Melter Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.