Product Code: GVR-4-68038-708-7
Recycling Equipment Market Growth & Trends:
The global recycling equipment market size is expected to reach USD 40.69 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2024 to 2030. Growing concerns pertaining to the depletion of non-renewable resources, along with the high production cost of primary materials such as metals and plastic is anticipated to augment the demand for recycling equipment.
The advent of modern technologies has been demonstrated to be effective, in terms of detecting different types of materials. The increasing necessity for scrap has forced scrap yards to set up technologically advanced recycling equipment. For instance, large recycling facilities have installed sensors to identify metals through infrared scanning and x-rays.
The increasing demand for recycled metals from the automotive, construction, electronics, and food and beverage industries on account of the product's environment-friendly nature and ability to reduce the cost of production, energy consumption, and emissions, thereby boosting the demand for recycling equipment over the forecast period.
Increasing use of plastics coupled with poor end-of-life waste management has resulted in widespread plastic pollution. Plastic pollution has a severe impact on the environment as well as human health. Thus, the recycling of plastics is expected to play a crucial role over the coming years, resulting high demand for recycling equipment to produce recycled plastics.
The recycling equipment market is fragmented with key manufacturers striving for market leadership. Key players are expected to concentrate on forward integration to increase their profits and expand their regional presence. Manufacturers are anticipated to collaborate with engineering solution providers to offer high-quality product solutions at reasonable prices.
Recycling Equipment Market Report Highlights:
- The baler press equipment segment is likely to dominate the market in 2023, as it is used for compressing various recycling materials such as cardboard, paper, plastic, aluminum, and non-ferrous metals into dense bundles known as bales
- The plastic segment is estimated to witness a CAGR of 6.1% over the forecast period owing to the rising use of plastics coupled with poor end-of-life waste management has resulted in plastic pollution due to which demand for recycled plastic is increasing
- Asia Pacific accounted for 39.9% of the global revenue share in 2023, owing to the increased industrial construction and infrastructure activities in emerging nations such as India, China, Vietnam, and Thailand
- The recycling equipment demand in India is expected to witness a CAGR of 6.3% from 2024 to 2030, owing to the new regulations and initiatives by the government of India regarding recycling waste
- Strategies adopted by companies in the recycling equipment market usually include expansion of product portfolio and distribution network, new product development, and technological advancements
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumptions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Recycling Equipment Market Variables, Trends, & Scope
- 3.1. Concentration & Growth Prospect Mapping
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Drivers Analysis
- 3.5.2. Market Restraints Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenge Analysis
- 3.6. Recycling Equipment Market Analysis Tools
- 3.6.1. Porter's Analysis
- 3.6.1.1. Bargaining Power of The Suppliers
- 3.6.1.2. Bargaining Power of The Buyers
- 3.6.1.3. Threats Of Substitution
- 3.6.1.4. Threats From New Entrants
- 3.6.1.5. Competitive Rivalry
- 3.6.2. PESTEL Analysis
- 3.6.2.1. Political Landscape
- 3.6.2.2. Economic And Social Landscape
- 3.6.2.3. Technological Landscape
- 3.6.2.4. Environmental Landscape
- 3.6.2.5. Legal Landscape
- 3.7. Economic Mega Trend Analysis
Chapter 4. Recycling Equipment Market: Equipment Estimates & Trend Analysis
- 4.1. Equipment Movement Analysis & Market Share, 2023 & 2030
- 4.2. Recycling Equipment Market: Equipment Movement Analysis, 2023 & 2030
- 4.3. Baler Press
- 4.3.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.4. Shredders
- 4.4.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.5. Granulators
- 4.5.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.6. Agglomerators
- 4.6.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.7. Shears
- 4.7.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.8. Separators
- 4.8.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.9. Extruders
- 4.9.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.10. Others
- 4.10.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Recycling Equipment Market: Processed Material Estimates & Trend Analysis
- 5.1. Processed Material Movement Analysis & Market Share, 2023 & 2030
- 5.2. Recycling Equipment Market: Processed Material Movement Analysis, 2023 & 2030
- 5.3. Metal
- 5.3.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.4. Plastic
- 5.4.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.5. Construction Waste
- 5.5.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.6. Paper
- 5.6.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.7. Rubber
- 5.7.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.8. Others
- 5.8.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Recycling Equipment Market: Region Estimates & Trend Analysis
- 6.1. Recycling Equipment Market Share, By Region, 2023 & 2030, USD Million
- 6.2. North America
- 6.2.1. North America Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. North America Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.2.3. North America Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Key country dynamics
- 6.2.4.2. U.S. Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4.3. U.S. Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.2.4.4. U.S. Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Key country dynamics
- 6.2.5.2. Canada Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.5.3. Canada Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.2.5.4. Canada Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Key country dynamics
- 6.2.6.2. Mexico Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.6.3. Mexico Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.2.6.4. Mexico Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Europe Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.3.3. Europe Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.3.4. Germany
- 6.3.4.1. Key country dynamics
- 6.3.4.2. Germany Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4.3. Germany Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.3.4.4. Germany Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.3.5. France
- 6.3.5.1. Key country dynamics
- 6.3.5.2. France Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5.3. France Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.3.5.4. France Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.3.6. UK
- 6.3.6.1. Key country dynamics
- 6.3.6.2. UK Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6.3. UK Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.3.6.4. UK Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.3.7. Spain
- 6.3.7.1. Key country dynamics
- 6.3.7.2. Spain Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.7.3. Spain Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.3.7.4. Spain Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.3.8. Italy
- 6.3.8.1. Key country dynamics
- 6.3.8.2. Italy Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.8.3. Italy Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.3.8.4. Italy Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Asia Pacific Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.4.3. Asia Pacific Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.4.4. China
- 6.4.4.1. Key country dynamics
- 6.4.4.2. China Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4.3. China Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.4.4.4. China Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.4.5. India
- 6.4.5.1. Key country dynamics
- 6.4.5.2. India Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5.3. India Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.4.5.4. India Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.4.6. Japan
- 6.4.6.1. Key country dynamics
- 6.4.6.2. Japan Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6.3. Japan Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.4.6.4. Japan Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.5. Central & South America
- 6.5.1. Central & South America Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Central & South America Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.5.3. Central & South America Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Key country dynamics
- 6.5.4.2. Brazil Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.4.3. Brazil Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.5.4.4. Brazil Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.5.5. Argentina
- 6.5.5.1. Key country dynamics
- 6.5.5.2. Argentina Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.5.3. Argentina Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.5.5.4. Argentina Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middle East & Africa Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Middle East & Africa Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.6.3. Middle East & Africa Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.6.4. Saudi Arabia
- 6.6.4.1. Key country dynamics
- 6.6.4.2. Saudi Arabia Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4.3. Saudi Arabia Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.6.4.4. Saudi Arabia Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
- 6.6.5. UAE
- 6.6.5.1. Key country dynamics
- 6.6.5.2. UAE Recycling Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.5.3. UAE Recycling Equipment Market Estimates and Forecasts By Equipment, 2018 - 2030 (USD Million)
- 6.6.5.4. UAE Recycling Equipment Market Estimates and Forecasts By Processed Material, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Positioning
- 7.4. Company Market Share Analysis, 2023
- 7.5. Company Heat Map Analysis
- 7.6. Strategy Mapping
- 7.7. Company Profiles
- 7.7.1. Recycling Equipment Manufacturing
- 7.7.1.1. Participant's Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Technique Benchmarking
- 7.7.1.4. Recent Developments
- 7.7.2. The CP Group
- 7.7.2.1. Participant's Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Technique Benchmarking
- 7.7.2.4. Recent Developments
- 7.7.3. American Baler
- 7.7.3.1. Participant's Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Technique Benchmarking
- 7.7.3.4. Recent Developments
- 7.7.4. Kiverco
- 7.7.4.1. Participant's Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Technique Benchmarking
- 7.7.4.4. Recent Developments
- 7.7.5. General Kinematics
- 7.7.5.1. Participant's Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Technique Benchmarking
- 7.7.5.4. Recent Developments
- 7.7.6. MHM Recycling Equipment
- 7.7.6.1. Participant's Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Technique Benchmarking
- 7.7.6.4. Recent Developments
- 7.7.7. Marathon Equipment
- 7.7.7.1. Participant's Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Technique Benchmarking
- 7.7.7.4. Recent Developments
- 7.7.8. Ceco Equipment Ltd.
- 7.7.8.1. Participant's Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Technique Benchmarking
- 7.7.8.4. Recent Developments
- 7.7.9. Danieli Centro Recycling
- 7.7.9.1. Participant's Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Technique Benchmarking
- 7.7.9.4. Recent Developments
- 7.7.10. ELDAN Recycling
- 7.7.10.1. Participant's Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Technique Benchmarking
- 7.7.10.4. Recent Developments
- 7.7.11. Metso
- 7.7.11.1. Participant's Overview
- 7.7.11.2. Financial Performance
- 7.7.11.3. Technique Benchmarking
- 7.7.11.4. Recent Developments
- 7.7.12. Suny Group
- 7.7.12.1. Participant's Overview
- 7.7.12.2. Financial Performance
- 7.7.12.3. Technique Benchmarking
- 7.7.12.4. Recent Developments
- 7.7.13. Forrec Srl Recycling
- 7.7.13.1. Participant's Overview
- 7.7.13.2. Financial Performance
- 7.7.13.3. Technique Benchmarking
- 7.7.13.4. Recent Developments
- 7.7.14. BHS Sonthofen
- 7.7.14.1. Participant's Overview
- 7.7.14.2. Financial Performance
- 7.7.14.3. Technique Benchmarking
- 7.7.14.4. Recent Developments
- 7.7.15. LEFORT GROUP
- 7.7.15.1. Participant's Overview
- 7.7.15.2. Financial Performance
- 7.7.15.3. Technique Benchmarking
- 7.7.15.4. Recent Developments