Dual Dispensing Technology Market – Global Industry Analysis, Growth, Trends, Forecast 2024
Dual Dispensing is a technology which allows two products or formulas to be blended upon its use. A Dual Dispenser contains two volumetric pumps, each one drawing product from one of two bottles or chambers. The dual dispenser can be set at defined mixing ratio so that each pump draws an equal amount of product and combines them with upon dispensing. The combined volume or dosage never changes, only the ratio of two products dispensed varies. This type of package serves many purposes, from providing the customer ability to customly mix and bled two formulas to a desired flavor, color shade and many other attributes to which a custom blend is desired. The Dual Dispensing Technology uses dispensing equipment with applications in a wide range of industries. This technology helps in providing better quality of products while increasing productivity as well reducing errors.
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The dual dispensing market is segmented based on the material type, end users and as per the regions. Based on the material type, it is divided into plastic materials, glass material, metal type material and others. On basis of end users, the market is segmented into chemicals, food and beverages, cosmetic industry, healthcare and pharmaceuticals. By region, the market is segmented into North America, Europe, Middle East and Africa and Asia Pacific.
There is a growing opportunity in the dispensing systems market in regards to its applications in various sectors. The use of dual dispensing technology is increasing at a rapid pace since it is innovative and attractive to the customers and also environment-friendly. The applications for the package are tremendous and limited only by the creativity of the customer. The dual dispensers are very precise both in the dosage per stroke and in the ratio of the two products it dispenses. Modern hi-tech features of packaging such as multiple mixing ratios, separate compartments of packaging, and accurate dispensing proportion have driven demand among the manufacturers. Also the product design, material and functionalities are constantly improving to serve the latest customer needs and meet environmental requirements. But due to growing customer base the manufactures have to constantly upgrade their technology, also the profit margin is low in this technology market because of acquisitions and mergers which is affecting the growth of players in this market. The trend of consumers towards preferred dealers is expected to hinder the growth of small scale dealers and therefore making this market more competitive.
The global Dual Dispensing technology market is expected to register healthy growth in terms of innovation of design and size along with cost effectiveness, upgraded technology and moreover large scale industries are looking for automated dual dispensing systems to be installed in their plants, having various properties. There is an increasing demand for Dual Dispensing Technology in developing countries like India and China. Asia Pacific has high potential in the dispensing systems market in future due to factors such as urbanization, increasing standard of living, increasing disposable income and changing lifestyle being the main reasons for growth of this technology in these regions. Asia Pacific is the dominant market for dual dispensing technology followed by North America and Europe.
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The major players operating in the Dual Dispensing Technology are DEMA Engineering Company, Dispense Park Inc., Exact Dispensing System, Fisnar Inc., Graco, Inc., Henkel AG and Company, Jensen Global Dispensing, Kleerblue Solutions, Nordson Corporation System, Sulzar Mixpac Inc., Toyo Aerosaol Industry, Versadail. Each of these players has a strong global presence in order to meet the growing demand of various end user industries.
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