Particle Foam Molding Machines Market - By Type (Manual, Automatic), By Application (EPS, EPP, EPE, Others), By Region & Global Forecast, 2023-2032

Particle Foam Molding Machines Market - By Type (Manual, Automatic), By Application (EPS, EPP, EPE, Others), By Region & Global Forecast, 2023-2032

Particle Foam Molding Machines Market size

Particle Foam Molding Machines Market size valued at USD 1.5 billion in 2022 and is slated to exhibit more than 9.5% CAGR from 2023 to 2032.

To get key market trends

  Download Free Sample

Increasing use of EPS and EPP foam will escalate the demand for particle foam molding. EPP has widespread applications as HVAC foam insulation and acoustic insulation as it absorbs and minimizes sounds. It has a higher strength-to-weight ratio, versatility, and durability, and allows customization. The growing use of EPP foam in HVAC insulation can be attributed to its load-bearing capabilities, and its ability to protect systems against moisture, effectively preventing rust and growth of fungi.

The rising demand for high-performance transport packaging material is fueling spending on expanded polystyrene (EPS), expanding particle foam molding machines market. EPS is observing high demand in the construction and packaging sectors due to its cost-effective, and energy-efficient insulation capabilities. It is widely used to protect shock-sensitive goods during transportation. In addition, advancements in foam molding technologies and compounds will aid in market growth.
 

What are the growth opportunities in this market?

 Download Free Sample

High costs of particle foam molding machines may negatively influence the industry scenario. The integration of advanced and modern technologies, 3D printing, and automation are resulting in expensive pricing models, making large-scale adoption difficult in low- and middle-income economies. Several developed and developing countries with massive labor, and resources prefer affordable alternatives rather than high-cost equipment. Moreover, advanced technologies also rely on high-performance components and superior technical expertise.

COVID-19 Impact

The COVID-19 pandemic had a significant impact on the particle foam molding machines market. The pandemic introduced several opportunities and challenges. While supply chain disruptions hampered production, the dramatic rise in e-commerce accelerated the demand for robust packaging materials, necessitating advanced molding equipment. The growing R&D, drug discovery efforts, and development of novel therapeutics foster the need for innovative packaging solutions for storing sensitive formulations. Furthermore, high consumer spending on HVAC systems during the lockdowns propelled the demand for effective insulation materials such as EPP and EPS.

Particle Foam Molding Machines Market Trends

A rise in residential construction across countries such as the U.S. driven by rapid urbanization and a growing population will support the particle foam molding machines industry growth. Additionally, several favorable initiatives and policies introduced by the U.S. government are offering owners affordable housing costs and encouraging large-scale residential construction.

Particle Foam Molding Machines Market Analysis

Learn more about the key segments shaping this market

 Download Free Sample

The automatic particle foam molding machines market is projected to witness over 10% CAGR from 2023 to 2032. The advent of automation is transforming the capabilities of conventional molding processes. A recent automation trend in injection and other molding technologies is the development of AI-based smart molding systems.

Learn more about the key segments shaping this market

 Download Free Sample

The particle foam molding machines market size from EPS application crossed USD 1 billion in 2022. The increasing focus on sustainability and environment-friendly industrial products is boosting the demand for EPS. It is 100% recyclable and can be reprocessed into different packaging materials, and durable goods. EPS materials offer energy efficiency, recyclability, non-toxicity, and durability, with widespread applications across food processing & packaging. These lightweight insulation materials help reduce carbon emissions, fuel consumption, the release of toxic chemicals, and transportation costs, offering both economic and environmental efficiency, which is facilitating segment expansion.

Looking for region specific data?

 Download Free Sample

U.S. particle foam molding machines market is expected to surpass USD 1 billion by 2032 propelled by increasing use of EPS and EPP in various industries. APAC market is anticipated to surpassed USD 732 million in 2022. APAC will emerge as a major hub for particle foaming technologies owing to rapid industrialization. Countries such as China, India, South Korea, and Japan house massive food & beverage sectors, indicating substantial demand for food packaging materials.

Furthermore, the Asia Pacific has a robust HVAC supply chain, with urbanization driving the need for air conditioners, heaters, and other space cooling/heating systems. Particle foam molding machines play a vital role in the development of materials used in HVAC insulation such as EPP, which is fostering the regional industry outlook.

Particle Foam Molding Machines Market Share

Some of the key companies operating in the particle foam molding machines market include

• Kurtz GmbH
• HIRSCH Maschinenbau GmbH
• Tongji Engineering Plastic Machinery Co., Ltd.
• Erlenbach GmbH
• ALESSIO
• Hennecke GmbH
• Sabic
• Polyformes Ltd

Particle Foam Molding Machines Industry News

• October 2022Umati (universal machine technology interface), entered a partnership with JSP, a pioneer of thermoplastic foams, to offer a specification for standardized data-sharing interfaces catering to particle foam technology.
   
• October 2022Engel unveiled a new smart assistance system capable of automatically optimizing the acceleration of different phases of the molding process for high-performance applications.
   

This particle foam molding machines market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons and revenue in USD million from 2018 to 2032 for the following segments

Click here to Buy Section of this Report

By Type

• Manual
• Automatic

By Applications

• EPS
• EPP
• EPE
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Poland
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Thailand
  • Indonesia
• Latin America
  • Brazil
  • Argentina
• Middle East
  • UAE
  • South Africa
  • Saudi Arabia