Recycling Equipment & Machinery Market Insights
Recycling Equipment & Machinery market is likely to witness a CAGR of 6.3% during the forecast period. The prime factors driving the recycling equipment & machinery market are rising concern towards industrial waste, depleting natural resources, and increasing government initiatives towards recycling of materials.
Recycling Equipment & Machinery Market - Snapshot
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Growth
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6.3% for the next five years
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Major Machine Type
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Baler Presses
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Dominant Material Type
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Plastic
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Region with the highest demand
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Europe
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Key Players
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Danieli Centro Recycling, Lefort, Mortia Holdings Corporation, MTB Recycling, Forrec Srl, BHS-Sonthofen, Indromec Spa, Suny Group, Roter Recycling, Vecoplan AG, Shred-Tech Corporation, Gamma Meccanica S.p.A.
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Market Share Analysis
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Recycling Equipment & Machinery Market Share: By Machine Type
Based on the machine type, the market is segmented as baler press, shredders, shears, granulators, agglomerators, extruders, and others. The baler press segment dominated the market in 2019 and is expected to maintain its position during the forecast period. Baler press machines are widely used to recycle plastic materials. They are cost effective in compressing waste and minimize the convenience charges required to transfer the material.
Recycling Equipment & Machinery Market Share: By Material Type
Based on the material type, the recycling equipment & machinery market is segmented as plastic; ferrous & non-ferrous, wood, paper & card board; rubber, and others. The plastic segment holds the largest share of the market and is also expected to witness a healthy growth during the forecast period. Growing concern towards plastic waste from a wide array of industries has led to increased focus of various regulatory bodies curb and recycle it.
Recycling Equipment & Machinery Market Share: By Region
In terms of regions, Europe is estimated to be the largest market for recycling equipment & machinery during the forecast period. Growing concern towards plastic and other waste, stringent regulations towards reducing and recycling waste materials, and increasing participation from private players have led to the dominance of Europe in the global recycling equipment & machinery market. North America and Asia-Pacific are also expected to witness a healthy demand for recycling equipment & machinery owing to rising concern towards packaging waste and growing demand for sustainable packaging.
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Some of the major players in the recycling equipment & machinery market are-
- Danieli Centro Recycling
- Lefort
- Mortia Holdings Corporation
- MTB Recycling
- Forrec Srl
- BHS-Sonthofen
- Indromec Spa
- Suny Group
- Roter Recycling
- Vecoplan AG
- Shred-Tech Corporation
- Gamma Meccanica S.p.A.
Market Scope & Segmentation
Recycling equipment & machinery are equipment used to reduce and recyle waste materials from a wide array of industries. These machines can be categorized based on type into baler presses, shredders, shears, granulators, agglomerators, extruders and others. Based on material type, the market is categorized into plastic; ferrous & non-ferrous; rubber; wood, paper & cardboard; and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Recycling Equipment & Machinery Market Research Report – Features
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Market Segmentation
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3
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Regions Covered
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4
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Countries/Sub-Regions Covered
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15
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The recycling equipment & machinery market is segmented into the following categories.
Recycling Equipment & Machinery Market Size, Share, & Forecast, by Machine Type:
- Baler Presses (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Shredders (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Shears (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Granulators (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Agglomerators (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Extruders (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Recycling Equipment & Machinery Market Size, Share, & Forecast, by Material Type:
- Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Wood, Paper, & Carboard (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Ferrous & Non-Ferrous (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Rubber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Recycling Equipment & Machinery Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
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Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the material types by machine type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.