Global Industrial Shredder Market Growth 2023-2029

Global Industrial Shredder Market Growth 2023-2029

An industrial shredder is a machine used for reducing the size of all kinds of material. Industrial shredders come in many different design variations and many sizes. Some examples of materials that are commonly shredded are: tires, metals, car wrecks, wood, plastics, and garbage. There is no common use of an industrial shredder as they can shred paper as well as wood, plastic, metal including a whole car depending on the size and design of the industrial shredder. The industrial shredder is commonly used to process materials into different sizes for separation or to reduce the recycling cost of transport but a primary use is the upgrading of the material by shredding metals, plastics, aluminium, metal and cars and as well as waste materials such as municipal solid waste or nuclear waste, medical waste, hazardous waste including common garbage.

LPI (LP Information)' newest research report, the “Industrial Shredder Industry Forecast” looks at past sales and reviews total world Industrial Shredder sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Shredder sales for 2023 through 2029. With Industrial Shredder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Shredder industry.

This Insight Report provides a comprehensive analysis of the global Industrial Shredder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Shredder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Shredder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Shredder and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Shredder.

The global Industrial Shredder market size is projected to grow from US$ 1104.8 million in 2022 to US$ 1389.5 million in 2029; it is expected to grow at a CAGR of 1389.5 from 2023 to 2029.

Global main manufacturers of industrial shredder include Doppstadt, Untha and Vecoplan, etc. The top three players hold a share about 23%. Asia-Pacific is the largest market, has a share about 41%, followed by Europe and North America, with share 27% and 26%, separately.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Shredder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Single Shaft

Two Shaft

Four Shaft

Others

Segmentation by application

MSW Recycling

WEEE Recycling

Paper Recycling

Wood Recycling

Scrap Metal Recycling

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Doppstadt

Untha

Vecoplan

Lindner Recyclingtech

Arjes

Komptech

Terex

SSI Shredding Systems

Weima

Jenz GmbH

Shred-Tech

Tana

Harden Machinery

Forrec srl

HAAS Recycling Systems

Granutech-Saturn Systems

ZERMA

Allegheny

Genox

Cresswood

Erdwich

William

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Shredder market?

What factors are driving Industrial Shredder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Shredder market opportunities vary by end market size?

How does Industrial Shredder break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.