Foam Densifier Promotes the Virtuous Circle of the Growing Foam Market in the USA
The Polystyrene Foam Market is Still Expanding in USA
According to the new market research report published by MarketsandMarkets, the global Polystyrene Foam Market size will grow to USD 32.2 billion by 2026 from USD 26.4 billion in 2021, at a CAGR of 4.1% during the 2021-2026 period. When you think that the ban of some states in the United States has made the polystyrene foam market shrink, this report shows that there is still unlimited potential in the foam Market and gives a shot in the arm to those engaged in the industry. It also strengthens their belief in introducing foam densifiers to recycle foam.
The 100% Recycling of Foam with Foam Densifier
In the United States, the amount of foam recovered in 2019 is 136.8 million pounds, which is quite low compared with the amount of waste foam generated in one year. Due to this low recycling rate, the designed purpose of foam densifier is to recycle, regenerate and utilize waste foam. It is based on the concept of "foam-ingots", the waste foam is compressed by hot-melt technology. Some people may wonder, isn't ingots turning loose waste into compact waste compared with foam?
In fact, this is not the case. People who know the market all know that foam ingots are the raw material for making plastic particles. With the growing demand for plastic particles, foam ingots are also the material that particle manufacturers are short of. Once it goes on the market, it will be snapped up. Therefore, if we recycle with a foam densifier, we don't have to worry about the end-using of foam ingots.
GREENMAX：Both Seller and End-User
When it comes to foam densifiers, GREENMAX Recycling is a company that can't be ignored. As a famous recycling expert in the market, GREENMAX is more attractive for its famous recycling scheme than its equipment. It not only sells recycling equipment to recyclers but also solves the problem of terminal recycling for recyclers.
Due to its demand for granulation plants in its factory in Malaysia, GREENMAX purchases foam ingots all over the world and uses the ingots to produce foam pellets. With the putting into use of GREENMAX foam recycling machine, it is believed that in the near future, the foam market will further develop in a virtuous circle.