Global Scrap Cable Granulator Market Growth 2023-2029

Global Scrap Cable Granulator Market Growth 2023-2029

The global Scrap Cable Granulator market size is projected to grow from US$ 7 million in 2022 to US$ 11 million in 2029; it is expected to grow at a CAGR of 5.7% from 2023 to 2029.

E-waste is the fastest growing segment of the waste stream. Much of the e-waste generated is sent to landfills and incinerators. Cables and wires are an integral part of the electrical and electronics industry and consist of plastic, aluminum and copper. Cables are often recycled once electronic equipment reaches the end of their useful life. Waste cables are an important source of raw materials for non-ferrous metal content. It helps restore metal content for economic and ecological reasons. Recycling of these metals reduces the danger of global warming. Companies in the wire and cable recycling market are focused on recycling and recycling e-waste generated across the globe. They segregate and recycle electronic components after they have been disposed of. Increased global warming and rising volumes of waste and scrap are some of the key reasons for wire and cable recycling. Furthermore, the existing nature of wire and cable recycling is driving the global market. Companies should invest in R&D to optimize energy consumption to recycle insulation in the wire and cable industry. The use of wire and cable in the electronics industry is inevitable and is expected to continue to grow substantially in the near future. Various types of wires and cables with different material compounds are used as conductive and insulating materials. Essentially, the stranded wire in the core wire is valuable as a secondary raw material due to its high metal content. In most cases, the various materials in a cable or flexible cord adhere very tightly to each other. Recovery techniques are required to expose and process these fractions producing small particle sizes for optimal separation. Hence, the favorable characteristics of wire and cable recycling, especially in the application to extract valuable metals, is expected to drive the growth of the wire and cable recycling market over the forecast period.

Recycling cables has been a profitable business for decades, since copper and aluminium harnessed from old cables can be recycled again and again. Scrap cable granulating is the process of downsizing cables and sorting metal from insulation for the purpose of recycling. The most sought-after resources are copper and aluminium.

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

This Insight Report provides a comprehensive analysis of the global Scrap Cable Granulator 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 Scrap Cable Granulator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Scrap Cable Granulator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Scrap Cable Granulator 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 Scrap Cable Granulator.

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

Market Segmentation:

Segmentation by type
More Than 300 T/h
200 T/h - 299 T/h
Less Than 200 T/h

Segmentation by application
Automotive
Industrial Machinery
Building and Construction
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.
ELDAN
Bronneberg
Guidetti Recycling Systems
Redoma Recycling
SUNY GROUP
Hosokawa Alpine
Stokkermill
San LAN International
Gomine
Changshu Shouyu Machinery
Jiangsu Jingliang New Energy
Zhangjiagang Tairong Machinery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Scrap Cable Granulator market?

What factors are driving Scrap Cable Granulator market growth, globally and by region?

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

How do Scrap Cable Granulator market opportunities vary by end market size?

How does Scrap Cable Granulator 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.