Report : Europe Loading Spout Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Loading System (Closed Loading, Open Loading, and Combined Loading), Type (Heavy-Duty Loading Spout and Standard Duty Loading Spout), and End User (Mining, Shipping, Food and Beverage, Oil and Gas, Construction, Chemical, and Others)

At 6.0% CAGR, the Europe Loading Spout Market is speculated to be worth US$ 101.02 million by 2028, says Business Market Insights.

According to Business Market Insights’ research, the Europe loading spout market was valued at US$ 71.33 million in 2022 and is expected to reach US$ 101.02 million by 2028, registering a CAGR of 6.0% from 2022 to 2028. Stringent government regulations for controlling dust particles across industries and increasing demand for loading spout from cement and construction industry are the critical factors attributed to the market expansion.

Government regulations are formulating policies to enhance the air quality of the industrial and commercial environment, further strengthening the demand for loading spouts across various applications. Several regulations further strengthen the need for loading spouts in the industrial sector. Thus, market players in the grain handling industries are adopting loading spouts to avoid mishaps and provide employees with a safe work environment. Also, standards and other local workplace safety regulations are mandatory for manufacturers in various other industries that help the employees to work in a dust-free environment. The uptake of health and safety standards and regulations is triggering the demand for loading spouts. Thus, stringent government regulations for controlling dust particles across industries are driving the market.

On the contrary, high operational & maintenance costs of loading spout hurdles the growth of Europe loading spout market. 

  • Based on loading system, the Europe loading spout market is segmented into closed loading, open loading, and combined loading. The open loading segment held 56.8% market share in 2022, amassing US$ 40.55 million. It is projected to garner US$ 60.45 million by 2028 to expand at 6.9% CAGR during 2022–2028. 
  • Based on type, the Europe loading spout market is bifurcated into heavy-duty loading spout and standard duty loading spout. The standard duty loading spout segment held 61.8% market share in 2022, amassing US$ 44.05 million. It is projected to garner US$ 64.24 million by 2028 to expand at 6.5% CAGR during 2022–2028.
  • Based on end user, the Europe loading spout market is segmented into mining, shipping, food and beverage, oil and gas, construction, chemical, and others. The food and beverage segment held 51.1% market share in 2022, amassing US$ 36.45 million. It is projected to garner US$ 52.83 million by 2028 to expand at 6.4% CAGR during 2022–2028. The construction segment is further segmented into cement producers, terminals, and others.       
  • Based on country, the Europe loading spout market has been categorized into the UK, Germany, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 27.4% market share in 2022. It was assessed at US$ 19.57 million in 2022 and is likely to hit US$ 27.79 million by 2028, exhibiting a CAGR of 6.0% during the forecast period.

Key players dominating the Europe loading spout market are BEUMER Group; DCL, Inc.; Erhard Muhr GmbH; HENNLICH s.r.o.; Midwest International Standard Products, Inc.; PEBCO; Polimak Grup Endüstriyel Üretim San. A.Ş; Salina Vortex Corporation; and WAMGROUP S.p.A., among others.

  • In 2022, BEUMER Group introduced sophisticated solutions for loading and unloading trucks, railway wagons and ships. The modular design of the BEUMER systems allows customized solutions for many applications. The system provider offers ship loading technology, including quadrant type ship loaders, rail-mounted ship loaders with a luffing and swiveling boom, as well as simple stationary loading towers. All ship loader types can be equipped with telescopic spouts. 
  • In 2022, BEUMER Group acquires the FAM group of Magdeburg. It is headquartered in Magdeburg, Germany, and is an internationally operating, medium-sized group with 750 employees. The company is one of the world’s leading full-range bulk handling and processing equipment suppliers.

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