Delumper Market Trends

  • Report ID: 5450
  • Published Date: Dec 08, 2023
  • Report Format: PDF, PPT

Delumper Market Trends

Growth Drivers

  • Adoption of Internet of Things (IoT) - One of the most notable developments in the delumper business is the incorporation of the Internet of Things (IoT). Improved operating efficiency, reduced downtime, and increased safety are all possible with sensor-equipped and cloud-connected delumpers. Globally, there are well over 14 billion IoT devices that are connected. By 2030, there should be more than 25 billion IoT devices worldwide. In 2020, IoT devices overtook non-IoT gadgets.
  • Rising Interest in Emerging Markets - The need for delumpers is being driven by the fast industrialization and urbanization of rising nations like Brazil, China, and India. China's urbanization rate accelerated after the implementation of the reform and openness policies. China's urbanization rate was 64.7% in 2022 and is predicted to rise to 75–80% by 2035. It is anticipated that these nations' expanding infrastructure and rising consumer demand would open up new markets for the delumper industry.
  • Creation of Novel and Cutting-Edge Coatings and Materials - The delumper market has an opportunity due to the development of novel materials including superior composites and biodegradable polymers. European Bioplastics projects that global bioplastic production capacities will rise from 2.2 million tonnes in 2022 to 6.3 million tonnes in 2027. Of these, bio-degradable polymers accounted for around 40% of the market.  Delumpers that are capable of handling these materials and efficiently reducing their size will be in great demand. The use of cutting-edge materials and coatings in delumper design is becoming increasingly popular. By extending the lifespan and durability of delumpers, these materials and coatings help lower maintenance expenses and downtime.
  • Creation of Portable and Small-Sized Delumpers - Compact and portable delumpers that are simple to move and incorporate into various production lines are becoming more and more common. These delumpers are made to be adaptable and flexible enough to accommodate various industry demands.

Challenges

  • High Initial Cost of Investment- One of the main factors holding back the sector is the high initial cost of investment linked to lump breakers. Due to their high cost, smaller enterprises might be discouraged from investing in these devices, which could hinder the market's growth.
  • Stricter safety standards have been developed in several nations due to concerns regarding the safety of personnel operating bulk breakers. The market may be constrained by these rules since they may raise the cost of operating bulk breakers.
  • Keeping up with technology developments could hinder the market's expansion. In order to remain competitive in the market, organizations must innovate and adapt when new technologies arise.

Delumper Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 4%

Base Year Market Size (2023)

 ~ USD 19 Billion

Forecast Year Market Size (2036)

 ~ USD 31 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Richa Gupta


  • Report ID: 5450
  • Published Date: Dec 08, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing adoption of internet of things and artificial intelligence and rising interests in emerging markets.

The market size of delumper is anticipated to attain a CAGR of 4% over the forecast period, i.e., 2024-2036.

The major players in the market are Franklin Miller Inc., Prater Industries, Inc., Carrier Vibrating Equipment, Inc., Stedman Machine Company, FLSmidth A/S, Schutte Hammermill, Munro & Sons, Kason Corporation, and others.

The pharmaceutical industry segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample