Dry Strand Pelletizers Market size was valued at USD 350 Million in 2024 and is forecasted to grow at a CAGR of 4.5% from 2026 to 2033, reaching USD 500 Million by 2033.
The global Dry Strand Pelletizers Market was valued at approximately USD 120.5 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. The market demand is primarily driven by the increasing use of plastic resins and engineered thermoplastics across automotive, packaging, electronics, and construction sectors. North America accounted for a market share of around 27.3% in 2022, supported by advanced manufacturing infrastructure and steady demand in plastic compounding applications. Europe held a share of approximately 24.1%, benefiting from strong sustainability mandates and a well established plastics recycling industry. Meanwhile, Asia Pacific dominated the global market with a significant 36.8% share, propelled by robust industrial output, growing polymer processing activities in China and India, and expanding investments in downstream plastic production.
Latin America and the Middle East & Africa contributed smaller shares of 6.5% and 5.3% respectively, but these regions present untapped growth opportunities due to industrialization and increased demand for cost effective granulation solutions. Emerging economies are expected to witness increased installations of dry strand pelletizers, especially in polymer manufacturing facilities, due to low operational costs and energy efficient processing. Additionally, advancements in cutter head technology and strand cooling systems are expected to further drive product innovation and efficiency. Regional opportunities also stem from stricter regulations around pellet loss, promoting the adoption of precision pelletizing systems. As manufacturers look to optimize throughput and reduce material waste, regions like Southeast Asia and Eastern Europe are likely to experience above average market growth through 2030.
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Reduction Engineering Scheer
Adler S.r.l.
ips Intelligent Pelletizing Solutions
Automatik Pelletizing Systems
Coperion
Yenchen Machinery
HMG Extrusions
Sterlco
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Dry Strand Pelletizers Market
Single-strand Pelletizers
Multi-strand Pelletizers
Thermoplastic Polymers
Thermosetting Resins
Composites
Additives and Fillers
Plastic Recycling
Compounding
Masterbatch Production
Granulation
Packaging
Automotive
Electronics
Healthcare
Consumer Goods
Manufacturers
OEMs (Original Equipment Manufacturers)
Distributors
Research Institutions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Dry Strand Pelletizers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Dry Strand Pelletizers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Dry Strand Pelletizers Market, By Type
6. Global Dry Strand Pelletizers Market, By Application
7. Global Dry Strand Pelletizers Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Dry Strand Pelletizers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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