Global Recycling Equipment & Machinery Market Size was valued nearly USD 760 million by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 5.87% during the forecast period, i.e. 2017-2025 owing to increasing demand in use of recycled materials like iron, steel, aluminum, plastic, concrete in automotive, building & construction, industrial machineries & other electrical equipment. It is second hand or recycled metal materials will be low cost and advantage of recycled materials is projected to drive the demand and growth of market. The North America and Europe was generated high revenue of product in 2017 and is anticipated to show dominance of market in terms of growth and demand in the coming years.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global recycling equipment and machinery market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global recycling equipment & machinery market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Based on the machine, the recycling equipment & machinery market has been segmented into baler presses, shredders, shears, granulators, agglomerators, extruders and others. The baler presses segment is projected to grow at a healthy CAGR rate in the coming years, in terms of growth and demand because of rapidly used the baler presses machine for plastic recycling around 30 to 35% plastics recycled by baler presses machine. This machine can handle varied scrap materials such as rubber, iron & steel, plastic, concrete, textile fabrics efficiently and is provide features like customized configurations. Shredder is another important type of recycling machine that is widely used for recycling of tires and plastic to some extent and is projected to contribute significant growth over the forecast period.
Based on the application, the recycling equipment & machinery market is classified into iron, steel, aluminum, copper, zinc, plastic polyethylene, polyester, rubber, concrete, textile fabrics, and glass among others. The ferrous and non-ferrous materials are the highest recycling rate followed by plastic and is projected to hold the largest industry share during the forecast period due to these type of materials have highest recycled rate followed by rubber and plastics. The iron, steel, aluminum, copper segments are estimated significant growth in the coming years, in terms of recycled and demand.
The global recycling equipment and machinery market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe – UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The Europe & North American market was estimated the highest rate of recycled materials globally and it will continue showing dominance of the market over the forecast period due to growing awareness regarding waste management and recycling materials management, strict government norms and technological advancement, is the major factors will drive the market over the forecast period. The total population of recycling equipment & machinery is significantly higher as compared to regions of Asia Pacific, Latin America & Middle East. Additionally, the Asia Pacific region is calculated second highest shareholder because of rising awareness & stringent regulations in these developing regions. MEA is projected to witness a high CAGR rate during the forecast period due to strict government regulation of illegal dumping of rubber tires, the demand of recycling equipment & machinery is expected to grow at a significant rate over the forecast period.
Global Recycling Equipment & Machinery Market Size, Share Analysis By Region 2017
Global Recycling Equipment & Machinery Market Study Objective
1. To forecast the market size of recycling equipment and machinery market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of recycling equipment and machinery market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of recycling equipment and machinery market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of recycling equipment and machinery market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the recycling equipment and machinery market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
The major kay players in the recycling equipment and machinery market which will contribute healthy growth in regional and global market over the forecast period that key players are Lefort, Danieli Centro Recycling, Morita Holdings Corporation, Forrec Srl Recycling, BHS Sonthofen, Panchal Plastic Machinery Private Ltd, Mid Atlantic Waste Systems, Idromec Spa among others.
Global Recycling Equipment & Machinery Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market
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