Global Machine Direction Orientation Systems Market Size By Type (Multi-stage Draw Section, Single Draw Section), By Application (Film Industry, Food Packaging, Manufacturing), By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Machine Direction Orientation Systems Market Size By Type (Multi-stage Draw Section, Single Draw Section), By Application (Film Industry, Food Packaging, Manufacturing), By Geographic Scope And Forecast
Machine Direction Orientation Systems Market Size And Forecast
Machine Direction Orientation Systems Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.
The implementation of new technology in packaging, material handling, medical device packaging, military food packaging, microwave packaging, and others is rapidly increasing which is positively impacting the market. In wake of the latest COVID-19 outbreak, numerous industries’ operations have either been temporarily stopped or are operating with a negligible working population due to imposed lockdowns and sanctioned limitations by respective governmental bodies. The Global Machine Direction Orientation Systems Market is no exception, and this factor is expected to have a significant negative impact on the industry’s revenue growth. Furthermore, the increased prices associated with the setup and maintenance of these machines may impede the revenue growth of the Global Machine Direction Orientation Systems Market over the forecast period.
Global Machine Direction Orientation Systems Market Definition
MDO is the uniaxial stretching of a film or sheet to improve its physical and barrier characteristics. Machine Direction Orientation is used in a wide range of film applications. Machine control Plastic film & sheet orientation is done by heating the web & elongating it in the rolling direction over a set of rollers. Those machines are called MDO.
Global Machine Direction Orientation Systems Market Overview
The market is being driven by novel technologies that are currently being developed through massive R&D investments as well as technical input from industry leaders. Parkinson Technologies, for example, discusses an intriguing technology for producing films with unique properties on its website, emphasizing the use of a patented CRD or compression roll drawing process that includes the concurrent compression as well as MDO or machine direction orientation of extruded plastic material. With the continued development of specialty film products, the tendency toward lower stretch proportions and possibly slower line speeds will continue. Since such products command a higher market price than commodity films, incredibly fast line speeds are not always required to realize significant profits.
Furthermore, as unique and different polymers are investigated, smaller stretch ratios may be needed to acquire the highest output of film with a narrow number of web breaks. This general trend will almost certainly result in the development of novel stretching equipment and also unique processes. Mainly due to the property of reducing thickness and packaging cost, resistance to high pressure, shock-absorbing ability, minimal deformation, and mostly improved efficiency the demand for packaging technology propelling the market globally. However, the high cost involved with the process is one of the major restraining factors.
Global Machine Direction Orientation Systems MarketSegmentation Analysis
The Global Machine Direction Orientation Systems Market is Segmented on the basis of Type, Application, and Geography.
Machine Direction Orientation Systems Market, By Type
- Multi-stage Draw Section
- Single Draw Section
Based on Type, the market is segmented into Multi-stage Draw Section and Single Draw Section. The Single Draw Sections segment has the largest market share and is anticipated to expand significantly and continue to lead the global market over the forecast period.
Machine Direction Orientation Systems Market, By Application
- Film Industry
- Food Packaging
- Manufacturing
- Others
Based on Application, the market is segmented into Film Industry, Food Packaging, Manufacturing, and Others. In the global market, the food packaging section has the highest market share and is expected to grow the most during the forecast period. MDO is a post-extrusion process that improves film properties like resistance, optics, and even rigidity. The film is fabricated and then extended several times in the machine direction, giving it a shrink index.
Machine Direction Orientation Systems Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
On the basis of regional analysis, the Global Machine Direction Orientation Systems Market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America and Europe dominate the worldwide market with the highest market share and are expected to grow significantly and lead the global machine direction orientation systems Industry throughout the forecast period.
Key Players
The “Global Machine Direction Orientation Systems Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Parkinson Technologies Inc, ReifenhäuserBlownFilm Plamex GmbH, Brückner Maschinenbau, Windmoeller & Hoelscher Corporation, Arlin Mfg.Co. Inc, Addex Inc, MARCHANTE SAS, SELENE SpA, Hosokawa Alpine, and Windmöller & Hölscher. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- July 2021 – Parkinson Technologies’ Dusenbery brand is announced as the most recent enhancement to the well-known MasterSlit DC2 duplex center slitter rewinder. The DC2, which is centered on the original Dusenbery 635, now integrates safety system advancements in conformance with approaching national and industry standards, as well as operator interface refinements that improve productivity even further.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2018-2030 |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Period | 2018-2020 |
Key Companies Profiled | Parkinson Technologies Inc, ReifenhäuserBlownFilm Plamex GmbH, Brückner Maschinenbau, Windmoeller & Hoelscher Corporation, Arlin Mfg.Co. Inc, Addex Inc, MARCHANTE SAS. |
Segments Covered |
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Customization Scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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