Industry: Machinery & Equipment
Published Date: 2024-09-28
Pages: 168 Pages
Report ld: 3332026
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Underwater Pelletizing System Market Size(US$)

CAGR 2024-2030
3.6%
Market Size,2030
USD 175
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Underwater pelletizing systems are specialized pieces of equipment used in the plastic manufacturing industry to produce pellets from plastic melt. These systems are valued for their ability to produce high-quality pellets efficiently and with minimal environmental impact. The underwater pelletizing process involves cutting the plastic melt into small pellets underwater, which are then dried and used for various plastic products.
The global Underwater Pelletizing System market is projected to grow from US$ 142 million in 2024 to US$ 175 million by 2030, at a Compound Annual Growth Rate (CAGR) of 3.6% during the forecast period.
Underwater pelletizing systems are crucial for the production of plastic pellets, which serve as the raw material for a wide range of plastic products, including packaging, household goods, medical devices, and automotive parts. The market for these systems is driven by the increasing demand for plastic products and the need for more efficient and environmentally friendly manufacturing processes. The global underwater pelletizing system market has been experiencing growth due to the rising consumption of plastic products and advancements in plastic manufacturing technology. The market is projected to grow at a steady rate over the next several years, with a CAGR that reflects the expansion of the plastic industry and the adoption of advanced manufacturing techniques. The growing demand for plastic products across various industries is driving the market for underwater pelletizing systems. Manufacturers are seeking more efficient processes to reduce operational costs and increase productivity, leading to the adoption of underwater pelletizing systems. Stricter environmental regulations are pushing manufacturers to adopt systems that reduce energy consumption and waste, which underwater pelletizing systems can provide. Advances in technology are enabling the development of more sophisticated and efficient underwater pelletizing systems. The underwater pelletizing system market is competitive, with several well-established companies and new entrants. Competition is based on the efficiency, reliability, and cost-effectiveness of the systems, as well as the ability to provide after-sales service and support. The underwater pelletizing system market is expected to continue growing in line with the overall plastic industry. The market will likely be influenced by trends in plastic consumption, advancements in manufacturing technology, and environmental policies.
In terms of production side, this report researches the Underwater Pelletizing System production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Underwater Pelletizing System by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
This report presents an overview of global market for Underwater Pelletizing System, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Underwater Pelletizing System, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Underwater Pelletizing System, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Underwater Pelletizing System sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Underwater Pelletizing System market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Underwater Pelletizing System sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including MAAG Group, Nordson, Wuxi Huachen, ECON, Ips Intelligent Pelletizing Solutions, Coperion, Davis-Standard, Farrel Pomini, Trendelkamp, Cowin Extrusion, etc.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Underwater Pelletizing System production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Underwater Pelletizing System in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Underwater Pelletizing System manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Underwater Pelletizing System sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Study Coverage
1.1 Underwater Pelletizing System Product Introduction
1.2 Market by Type
1.2.1 Global Underwater Pelletizing System Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Below 1000 kg/h
1.2.3 1000-5000 kg/h
1.2.4 Above 5000 kg/h
1.3 Market by Application
1.3.1 Global Underwater Pelletizing System Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Petrochemical & Chemical
1.3.3 Pharma & Food
1.3.4 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Underwater Pelletizing System Production
2.1 Global Underwater Pelletizing System Production Capacity (2019-2030)
2.2 Global Underwater Pelletizing System Production by Region: 2019 VS 2023 VS 2030, Based on Production Site
2.3 Global Underwater Pelletizing System Production by Region
2.3.1 Global Underwater Pelletizing System Historic Production by Region (2019-2024)
2.3.2 Global Underwater Pelletizing System Forecasted Production by Region (2025-2030)
2.3.3 Global Underwater Pelletizing System Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
3 Executive Summary
3.1 Global Underwater Pelletizing System Revenue Estimates and Forecasts 2019-2030
3.2 Global Underwater Pelletizing System Revenue by Region
3.2.1 Global Underwater Pelletizing System Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Underwater Pelletizing System Revenue by Region (2019-2024)
3.2.3 Global Underwater Pelletizing System Revenue by Region (2025-2030)
3.2.4 Global Underwater Pelletizing System Revenue Market Share by Region (2019-2030)
3.3 Global Underwater Pelletizing System Sales Estimates and Forecasts 2019-2030
3.4 Global Underwater Pelletizing System Sales by Region
3.4.1 Global Underwater Pelletizing System Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Underwater Pelletizing System Sales by Region (2019-2024)
3.4.3 Global Underwater Pelletizing System Sales by Region (2025-2030)
3.4.4 Global Underwater Pelletizing System Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
4.1 Global Underwater Pelletizing System Sales by Manufacturers
4.1.1 Global Underwater Pelletizing System Sales by Manufacturers (2019-2024)
4.1.2 Global Underwater Pelletizing System Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Underwater Pelletizing System in 2023
4.2 Global Underwater Pelletizing System Revenue by Manufacturers
4.2.1 Global Underwater Pelletizing System Revenue by Manufacturers (2019-2024)
4.2.2 Global Underwater Pelletizing System Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Underwater Pelletizing System Revenue in 2023
4.3 Global Underwater Pelletizing System Sales Price by Manufacturers (2019-2024)
4.4 Global Key Players of Underwater Pelletizing System, Industry Ranking, 2022 VS 2023
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Underwater Pelletizing System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Underwater Pelletizing System, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Underwater Pelletizing System, Product Offered and Application
4.8 Global Key Manufacturers of Underwater Pelletizing System, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Underwater Pelletizing System Sales by Type
5.1.1 Global Underwater Pelletizing System Historical Sales by Type (2019-2024)
5.1.2 Global Underwater Pelletizing System Forecasted Sales by Type (2025-2030)
5.1.3 Global Underwater Pelletizing System Sales Market Share by Type (2019-2030)
5.2 Global Underwater Pelletizing System Revenue by Type
5.2.1 Global Underwater Pelletizing System Historical Revenue by Type (2019-2024)
5.2.2 Global Underwater Pelletizing System Forecasted Revenue by Type (2025-2030)
5.2.3 Global Underwater Pelletizing System Revenue Market Share by Type (2019-2030)
5.3 Global Underwater Pelletizing System Price by Type
5.3.1 Global Underwater Pelletizing System Price by Type (2019-2024)
5.3.2 Global Underwater Pelletizing System Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Underwater Pelletizing System Sales by Application
6.1.1 Global Underwater Pelletizing System Historical Sales by Application (2019-2024)
6.1.2 Global Underwater Pelletizing System Forecasted Sales by Application (2025-2030)
6.1.3 Global Underwater Pelletizing System Sales Market Share by Application (2019-2030)
6.2 Global Underwater Pelletizing System Revenue by Application
6.2.1 Global Underwater Pelletizing System Historical Revenue by Application (2019-2024)
6.2.2 Global Underwater Pelletizing System Forecasted Revenue by Application (2025-2030)
6.2.3 Global Underwater Pelletizing System Revenue Market Share by Application (2019-2030)
6.3 Global Underwater Pelletizing System Price by Application
6.3.1 Global Underwater Pelletizing System Price by Application (2019-2024)
6.3.2 Global Underwater Pelletizing System Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada Underwater Pelletizing System Market Size by Type
7.1.1 US & Canada Underwater Pelletizing System Sales by Type (2019-2030)
7.1.2 US & Canada Underwater Pelletizing System Revenue by Type (2019-2030)
7.2 US & Canada Underwater Pelletizing System Market Size by Application
7.2.1 US & Canada Underwater Pelletizing System Sales by Application (2019-2030)
7.2.2 US & Canada Underwater Pelletizing System Revenue by Application (2019-2030)
7.3 US & Canada Underwater Pelletizing System Market Size by Country
7.3.1 US & Canada Underwater Pelletizing System Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada Underwater Pelletizing System Revenue by Country (2019-2030)
7.3.3 US & Canada Underwater Pelletizing System Sales by Country (2019-2030)
7.3.4 US
7.3.5 Canada
8 Europe
8.1 Europe Underwater Pelletizing System Market Size by Type
8.1.1 Europe Underwater Pelletizing System Sales by Type (2019-2030)
8.1.2 Europe Underwater Pelletizing System Revenue by Type (2019-2030)
8.2 Europe Underwater Pelletizing System Market Size by Application
8.2.1 Europe Underwater Pelletizing System Sales by Application (2019-2030)
8.2.2 Europe Underwater Pelletizing System Revenue by Application (2019-2030)
8.3 Europe Underwater Pelletizing System Market Size by Country
8.3.1 Europe Underwater Pelletizing System Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe Underwater Pelletizing System Sales by Country (2019-2030)
8.3.3 Europe Underwater Pelletizing System Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Underwater Pelletizing System Market Size by Type
9.1.1 China Underwater Pelletizing System Sales by Type (2019-2030)
9.1.2 China Underwater Pelletizing System Revenue by Type (2019-2030)
9.2 China Underwater Pelletizing System Market Size by Application
9.2.1 China Underwater Pelletizing System Sales by Application (2019-2030)
9.2.2 China Underwater Pelletizing System Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia Underwater Pelletizing System Market Size by Type
10.1.1 Asia Underwater Pelletizing System Sales by Type (2019-2030)
10.1.2 Asia Underwater Pelletizing System Revenue by Type (2019-2030)
10.2 Asia Underwater Pelletizing System Market Size by Application
10.2.1 Asia Underwater Pelletizing System Sales by Application (2019-2030)
10.2.2 Asia Underwater Pelletizing System Revenue by Application (2019-2030)
10.3 Asia Underwater Pelletizing System Market Size by Region
10.3.1 Asia Underwater Pelletizing System Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia Underwater Pelletizing System Revenue by Region (2019-2030)
10.3.3 Asia Underwater Pelletizing System Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Underwater Pelletizing System Market Size by Type
11.1.1 Middle East, Africa and Latin America Underwater Pelletizing System Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America Underwater Pelletizing System Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America Underwater Pelletizing System Market Size by Application
11.2.1 Middle East, Africa and Latin America Underwater Pelletizing System Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America Underwater Pelletizing System Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America Underwater Pelletizing System Market Size by Country
11.3.1 Middle East, Africa and Latin America Underwater Pelletizing System Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America Underwater Pelletizing System Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America Underwater Pelletizing System Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profile
12.1 MAAG Group
12.1.1 MAAG Group Corporation Information
12.1.2 MAAG Group Overview
12.1.3 MAAG Group Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 MAAG Group Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 MAAG Group Recent Developments
12.2 Nordson
12.2.1 Nordson Corporation Information
12.2.2 Nordson Overview
12.2.3 Nordson Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Nordson Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Nordson Recent Developments
12.3 Wuxi Huachen
12.3.1 Wuxi Huachen Corporation Information
12.3.2 Wuxi Huachen Overview
12.3.3 Wuxi Huachen Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 Wuxi Huachen Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Wuxi Huachen Recent Developments
12.4 ECON
12.4.1 ECON Corporation Information
12.4.2 ECON Overview
12.4.3 ECON Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 ECON Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 ECON Recent Developments
12.5 Ips Intelligent Pelletizing Solutions
12.5.1 Ips Intelligent Pelletizing Solutions Corporation Information
12.5.2 Ips Intelligent Pelletizing Solutions Overview
12.5.3 Ips Intelligent Pelletizing Solutions Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 Ips Intelligent Pelletizing Solutions Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 Ips Intelligent Pelletizing Solutions Recent Developments
12.6 Coperion
12.6.1 Coperion Corporation Information
12.6.2 Coperion Overview
12.6.3 Coperion Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Coperion Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Coperion Recent Developments
12.7 Davis-Standard
12.7.1 Davis-Standard Corporation Information
12.7.2 Davis-Standard Overview
12.7.3 Davis-Standard Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Davis-Standard Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Davis-Standard Recent Developments
12.8 Farrel Pomini
12.8.1 Farrel Pomini Corporation Information
12.8.2 Farrel Pomini Overview
12.8.3 Farrel Pomini Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Farrel Pomini Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Farrel Pomini Recent Developments
12.9 Trendelkamp
12.9.1 Trendelkamp Corporation Information
12.9.2 Trendelkamp Overview
12.9.3 Trendelkamp Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Trendelkamp Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Trendelkamp Recent Developments
12.10 Cowin Extrusion
12.10.1 Cowin Extrusion Corporation Information
12.10.2 Cowin Extrusion Overview
12.10.3 Cowin Extrusion Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 Cowin Extrusion Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Cowin Extrusion Recent Developments
12.11 USEON
12.11.1 USEON Corporation Information
12.11.2 USEON Overview
12.11.3 USEON Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.11.4 USEON Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 USEON Recent Developments
12.12 Zhouxing Shiye
12.12.1 Zhouxing Shiye Corporation Information
12.12.2 Zhouxing Shiye Overview
12.12.3 Zhouxing Shiye Underwater Pelletizing System Sales, Price, Revenue and Gross Margin (2019-2024)
12.12.4 Zhouxing Shiye Underwater Pelletizing System Product Model Numbers, Pictures, Descriptions and Specifications
12.12.5 Zhouxing Shiye Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Underwater Pelletizing System Industry Chain Analysis
13.2 Underwater Pelletizing System Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Underwater Pelletizing System Production Mode & Process
13.4 Underwater Pelletizing System Sales and Marketing
13.4.1 Underwater Pelletizing System Sales Channels
13.4.2 Underwater Pelletizing System Distributors
13.5 Underwater Pelletizing System Customers
14 Underwater Pelletizing System Market Dynamics
14.1 Underwater Pelletizing System Industry Trends
14.2 Underwater Pelletizing System Market Drivers
14.3 Underwater Pelletizing System Market Challenges
14.4 Underwater Pelletizing System Market Restraints
15 Key Findings in the Global Underwater Pelletizing System Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
16.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Underwater pelletizing systems are specialized pieces of equipment used in the plastic manufacturing industry to produce pellets from plastic melt. These systems are valued for their ability to produce high-quality pellets efficiently and with minimal environmental impact. The underwater pelletizing process involves cutting the plastic melt into small pellets underwater, which are then dried and used for various plastic products.
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The global Underwater Pelletizing System market size was US$ 146 million in 2025 and is forecast to reach a readjusted size of US$ 187 million by 2032 with a CAGR of 3.6% during the forecast period 2026-2032.
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The global market for Underwater Pelletizing System was estimated to be worth US$ 146 million in 2025 and is projected to reach US$ 187 million, growing at a CAGR of 3.6% from 2026 to 2032.
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The global Underwater Pelletizing System market is projected to grow from US$ 142 million in 2024 to US$ 181 million by 2031, at a CAGR of 3.6% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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In 2024, the global market size of Underwater Pelletizing System was estimated to be worth US$ 142 million and is forecast to reach approximately US$ 181 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
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The global market for Underwater Pelletizing System was valued at US$ 142 million in the year 2024 and is projected to reach a revised size of US$ 181 million by 2031, growing at a CAGR of 3.6% during the forecast period.
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Underwater pelletizing systems are specialized pieces of equipment used in the plastic manufacturing industry to produce pellets from plastic melt. These systems are valued for their ability to produce high-quality pellets efficiently and with minimal environmental impact. The underwater pelletizing process involves cutting the plastic melt into small pellets underwater, which are then dried and used for various plastic products.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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