New York, NY -- (SBWIRE) -- 06/27/2019 -- Cable Granulator Market: Introduction
A Cable Granulator is an innovative solution for the efficient granulation of cables. A cable granulator is a high output compact unit used for recycling cables and separating copper from plastic. Cable granulation plants are able to separate different materials due to their specific density and weight. In cable granulators, the scraped copper cable is crushed into about 10mm length pieces in the first crusher, then this crushed 10 mm granule mixture is delivered to the second crusher where this mixture is further crushed to 2-5 mm. From the scraped 3-5mm granules mixture, the copper is separated from PVC plastic using the vibrating machine. Moreover, cable granulator machines have a high recycling rate of 95%–99.99% and low maintenance cost.
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Cable Granulator Market: Dynamics
Cable Granulators have numerous environmental and economic advantages, such as high rate of recyclability and purity of end product. That apart, cable granulators do not lead to environmental pollution during processing of scraped cables. The global cable granulator market is also expected to grow against the backdrop of the ongoing shift towards recycled products and use of environment-friendly solutions. Also, industrial and government initiatives to minimize waste and support sustainable development is another key reason that will help to boost the production of recycled materials. According to the BIR (Bureau of International Recycling), the field of recycling witnessed more than 5% Y-o-Y in 2016 across the globe. Also, increasing production from recycled materials and growing demand from manufacturing industries is also expected to boost the demand for recycled products and lead to the growth of cable granulators across the globe.
Growing demand from end-use industries, such as automotive, power generation applications, etc., is expected to boost the demand for cable granulators during the forecast period. Increasing infrastructural investments in developed as well developing countries provide the necessary traction for the growth of the recycled material market and are leading to the growth of global cable granulator market across the globe. Furthermore, the cost of separation and recycling will create opportunities for the growth of the cable granulators during the forecast period.
Low awareness among the general population about the operational specifications of cable granulators is an important factor that will restrain the growth of the global cable granulator market during the forecast period. However, the ongoing trend of using equipment equipped with better technology to get better results will increase the demand for cable granulators during the forecast period.
Cable Granulator Market: Segmentation
Based on product type, the Cable Granulator market can be segmented as follows:
Dry type copper cable granulator
Wet type copper cable granulator
Static type copper cable granulator
Based on capacity, the Cable Granulator market can be segmented as follows:
High capacity ( More than 300 (t/ h)
Medium capacity (200 t/h – 299 t/h)
Low capacity (less than 200 t/h)
Based on end use industry, the Cable Granulator market can be segmented as follows:
Automotive
Industrial Machinery
Shipbuilding
Building and Construction
Electrical and Electronics
Consumer appliances
Others
Cable Granulator Market: Regional Outlook
Geographically, the cable granulator market is segmented into seven regions: Middle East and Africa, Latin America, Japan, North America, Western Europe, Eastern Europe and the East Asia Pacific, South Asia and Oceania. China in East Asia has been dominant in the global cable granulator equipment market and is one of the major hubs for the manufacturing and export of cable granular machinery across the globe. Basically, the growth of the cable granulator is dependent on the growth of end-use industries, such as automotive, electrical and electronics etc. The growing demand for metals from various industries in China, India, and ASEAN, etc. is also expected to support the growth of recycled materials, which in turn, is expected to boost the growth of the cable granulator market during the forecast period. The rest of the world is estimated to account for a relatively small share in the cable granulator market during the forecast period.
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Cable Granulator Market: Market Participants
Some of the market participants operating across the value chain of the global Cable Granulator market are:
Qizheng Machinery Co.,Ltd
San LAN International Co., Ltd.
Changshu Shouyu Machinery Co., Ltd.
Redoma Recycling AB
Guidetti Recycling Systems
Zhangjiagang Tairong Machinery Co., Ltd.