Plastic Welding Equipment Market 2016 to 2023 - Industry, Outlook, Size, Share, Growth, Prospects, Key Opportunities, Trends and Forecasts By - Credence Research

According to a new market research report published by Credence Research“Plastic Welding Equipment Market global plastic welding equipmentmarket is estimated to expand from US$ 3.96 Bn in 2015 to reach US$ 5.50 Bn by 2023. 
The purpose of the report is to illustrate the state of the market of Plastic Welding Equipment, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2016, and also, to build a forecast for the growth of the industry in the medium term until 2023.
Market Insights:
Plastic welding refers to a process used to join two or more thermoplastic materials (typically semi-finished products) during manufacturing of a given product. The process primarily comprises three steps viz. pressing, heating and cooling. The plastic welding equipment market is majorly driven by the strong demand for plastics across the country. Increasing use of plastic materials across different applications has led to emergence of a strong plastics manufacturing worldwide. Plastic materials have replaced several conventional materials such as steel, wood, glass and others in a wide range of applications ranging from household products to utility infrastructure. Subsequently, it has become essential for manufacturers to provide plastic items that have robust strength and longer life. With further anticipated dominance of plastic materials across various applications, the demand for related plastic welding is estimated to remain strong during the forecast period 2016 - 2023. 
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Leading Players:
players operating in the U.S. plastic welding equipment market. Manufacturers including RITMO S.p.A., bielomatikLeuze GmbH + Co. KG, DRADER Manufacturing and Herrmann Ultrasonic are marked as promising and emerging players on account of their strengthening presence across the globe and aggressive product development strategy. Relative low market presence and slow market growth in recent years make 3Axis Development and Seelye Acquisitions laggards and niche players. 
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Plastic Welding Equipment buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
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What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Plastic Welding Equipment contains:
Analysis and forecast of Plastic Welding Equipment market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Plastic Welding Equipment market;
Assessment and forecast of Plastic Welding Equipment market development;
Financial and business profiles of the leading companies in the Plastic Welding Equipment industry.
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Scope
- Up to date working Plastic Welding Equipment data by major regions in the world, the forecast of planned capacity additions by 2026
- The annual breakdown of capital expenditure spending on proposed Plastic Welding Equipment for the period 2018 to 2026
- Planned Plastic Welding Equipment additions and capital expenditure spending by key countries and companies across the world
- Planned capital expenditure spending on new Plastic Welding Equipment projects by region, key countries, and companies
- Details of major planned Plastic Welding Equipment projects in the world up to 2026
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