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Two-Ram Balers Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Published: February 2024 || SKU: AG7998
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Global Two-Ram Balers Market is Segmented By Type (Vertical Type, Horizontal Type), By Product Type (Stationary, Portable), By Ram Pressure (Less than 130 PSI, Between 130-200 PSI, Between 201-260 PSI, More than 260 PSI), By Operating Type (Semi-Automatic, Fully Automatic), By Application (MRF / Recycling Center, Scrap Yard, Specialty Markets, Warehouse / Distribution Center, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031.

Two-Ram Balers Market Overview

Global Two-Ram Balers Market reached US$ 530.1 million in 2022 and is expected to reach US$ 852.5 million by 2030, growing with a CAGR of 6.1% during the forecast period 2023-2030.

The global two-ram balers market has witnessed significant growth and transformations over the years, as these types of equipment can compress a variety of recyclable materials, more efficiently as they have 2 cylinders for compressing and ejecting the finished bale, which helps in easily adapting to varying material sizes. Hence, such factors can help in driving the global two-raw balers market.

Furthermore, as the demand for recycling machinery is increasing among customers, manufacturing industries are focusing on developing innovative equipment, for instance, Marathon Equipment Company produces Marathon Apollo two-ram recycling balers that are designed for smaller applications. This recycling baler features a full-penetration compaction ram to produce high-density bales. The programmable PLC controller features automatic and manual controls, diagnostics, and bale set-up functions. This controller also allows for easy switching between recyclable materials.

The fully automatic two-ram balers have shown dominance in the global two-ram balers market, similarly, the Asia-pacific region has the largest share in the global market, as the government in this region provides numerous initiative programs to help the customers to adopt such advanced machinery which can help in increasing the market growth.

Two-Ram Balers Market Scope

Metrics

Details

CAGR

6.1%

Size Available for Years

2022-2031

Forecast Period

2024-2031

Data Availability

Value (US$)

Segments Covered

Type, Product Type, Ram Pressure, Operating Type, Application, and Region

Regions Covered

North America, Europe, Asia-Pacific, South America, and Middle East & Africa

Fastest Growing Region

North America

Largest Region

Asia-Pacific

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights.

 

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Two-Ram Balers Market Dynamics

Rising Demand for Efficient Waste Management

The global market for two-ram balers is expected to see significant growth due to the rising demand for effective waste management. These balers are proficient at processing and compressing different recyclable materials, resulting in the creation of dense bales. This not only makes transportation easier but also helps reduce waste.

Furthermore, manufacturing companies are focusing on developing two-raw balers, for instance, Marathon Galaxy 2R Two-Ram narrow model recycling balers feature a full-penetration compaction ram to produce high-density bales. Hence, such products can help in increasing the global two-raw balers market.

Advancements in Agriculture Technology

The advancements in agriculture technology are significantly driving the global two-ram balers, as these two-ram balers can compact and bale various materials, and offer efficient packaging, and handling of waste or recyclable materials. Hence, such factors can help in increasing the global two-ram balers market.

Furthermore, manufacturing companies are focusing on producing quality equipment to expand their market sizes, for instance, Harmony Enterprises, Inc. company produces HM-2R185 Two ram horizontal balers, which are built to withstand the harshest environments and can be applicable for a wide range of recyclable materials.

High Operation and Maintenance

The high operation and maintenance are restraining the global two-ram balers market, advanced two-ram balers require high capital investments, and the operation involves substantial energy consumption, also, they might require skilled labor for operating, which can limit the adoption rate for two-ram balers, which can hamper the market growth.

Two-Ram Balers Market Segment Analysis

The global two-ram balers market is segmented based on type, product type, ram pressure, operating type, application, and region.

Increase in Demand For Effective Automatic Two-Ram Balers

The fully-automatic two-ram balers segment accounts for the largest share of the global two-ram balers market, Equipped with automated functionalities like material feeding, compression, and bale ejection, these balers ensure a consistent and optimized operation. This enables efficient handling of diverse materials without the necessity for frequent adjustments, ultimately leading to enhanced productivity.

Furthermore, Manufacturers in this market recognize the importance of innovation and continually introduce a diverse array of products to meet evolving needs, for instance, in January 2022, REP-TEC company launched automatic twin ram balers: SAMSON and GOLIATH. The powerful twin ram balers have been designed to be high-performing with a huge press force, helping customers achieve maximum throughput and bale weights. They are ideal for a range of materials from cardboard, plastics, steel & ALU cans to RDF & SRF.

Top of Form

Two-Ram Balers Market Geographical Penetration

Government Support

Asia-Pacific has been a dominant force in the global two-ram balers market and it has significant growth, as this equipment, can effectively compress a variety of materials into different dimensions, which helps in easy packaging and transportation of materials, hence such factors can help in increasing the global two-ram balers market.

Furthermore, the government in this region is providing various schemes to help the customers adopt this equipment, for instance, the government of India initiated a residue management scheme, balers help it crack field-fire code, previously only 768 balers and 681 rakes were distributed in Punjab, but now they have increased the number of balers to be distributed to 2,3000 for the proposed 25,000 machines in Punjab.

Competitive Landscape

The major global players in the market include Sierra International Machinery, LLC., Maren Engineering Corporation, CK International Ltd., Harris, H. West Equipment, Inc., JWR, Inc., Marathon Equipment, Kadant PAAL Holding GmbH, American Baler Company., BE Equipment, Inc.

COVID-19 Impact Analysis

The emergence of the COVID-19 pandemic causes an unparalleled challenge for global industries, including the two-ram balers market. As nations faced lockdowns, disruptions in supply chains, and a decline in economic activities, the construction sector a major consumer of two-ram balers experienced substantial setbacks.

Key Developments

  • In September 2023, Harris Equipment is part of the holdings of Avis Industrial Corporation. They have acquired multiple baler companies, including Selco, IPS Balers, and Mosley.
  • In January 2023, Komar Industries had acquired PTR Baler and Compactor Company (“PTR”), a leading equipment manufacturer, technology innovator and national service provider for vertical balers, stationary compactors, self-contained compactors, and related equipment.
  • In July 2023, Lefort acquired Copex S.A specializes in designing and manufacturing hydraulic shears and balers.

Why Purchase the Report?

  • To visualize the global two-ram balers market segmentation based on type, product type, ram pressure, operating type, application, and region, as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development.
  • Excel data sheet with numerous data points of two-ram balers market-level with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as Excel consisting of key products of all the major players.

The global two-ram balers market report would provide approximately 70 tables, 63 figures and 210 Pages.

Target Audience 2024

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies
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