Recycling Equipment and Machinery Market Report: Trends, Forecast and Competitive Analysis to 2030
Recycling Equipment and Machinery Trends and Forecast
The future of the global recycling equipment and machinery market looks promising with opportunities in the baler presses, shredder, shear, granulator, agglomerator, and extruders markets. The global recycling equipment and machinery market is expected to reach an estimated $752 million by 2030 with a CAGR of 3.0% from 2024 to 2030. The major drivers for this market are growing understanding of the long-term advantages of recycling and reusing waste materials like plastic, metal, and building waste, and strict laws and guidelines pertaining to greenhouse gas emissions and carbon footprints that have been implemented by the corresponding governments.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Recycling Equipment and Machinery by Segment
The study includes a forecast for the global recycling equipment and machinery by material, machines, and region.
Recycling Equipment and Machinery Market by Material [Shipment Analysis by Value from 2018 to 2030]:
- Plastic
- Ferrous & Non-Ferrous
- Wood Paper & Cardboard
- Rubber
Recycling Equipment and Machinery Market by Machines [Shipment Analysis by Value from 2018 to 2030]:
- Baler Presses
- Shredders
- Shears
- Granulators
- Agglomerators
- Extruders
Recycling Equipment and Machinery Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Recycling Equipment and Machinery Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies recycling equipment and machinery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the recycling equipment and machinery companies profiled in this report include-
- Lefort
- Danieli Centro Recycling
- Morita Holdings
- BHS-Sonthofen
- Panchal Plastic Machinery
- Mid Atlantic Waste
- Suny Group
- Roter Recycling
- Vecoplan
- Forrec srl Recycling
Recycling Equipment and Machinery Market Insights
Lucintel forecasts that plastic will remain the largest segment over the forecast period due to the increasing usage of plastic across the world, as well as the desire to recycle and reuse it.
Europe will remain the largest region over the forecast period due to the government's stringent legislation and regulations to minimize carbon emissions and greenhouse gas emissions in the region.
Features of the Global Recycling Equipment and Machinery Market
Market Size Estimates: Recycling equipment and machinery market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Recycling equipment and machinery market size by material, machines, and region in terms of value ($M).
Regional Analysis: Recycling equipment and machinery market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material, machines, and regions for the recycling equipment and machinery market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the recycling equipment and machinery market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the recycling equipment and machinery market size?
Answer: The global recycling equipment and machinery market is expected to reach an estimated $752 million by 2030.
Q2. What is the growth forecast for recycling equipment and machinery market?
Answer: The global recycling equipment and machinery market is expected to grow with a CAGR of 3.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the recycling equipment and machinery market?
Answer: The major drivers for this market are growing understanding of the long-term advantages of recycling and reusing waste materials like plastic, metal, and building waste, and strict laws and guidelines pertaining to greenhouse gas emissions and carbon footprints that have been implemented by the corresponding governments.
Q4. What are the major segments for recycling equipment and machinery market?
Answer: The future of the global recycling equipment and machinery market looks promising with opportunities in the baler presses, shredder, shear, granulator, agglomerator, and extruders markets.
Q5. Who are the key recycling equipment and machinery market companies?
Answer: Some of the key recycling equipment and machinery companies are as follows:
- Lefort
- Danieli Centro Recycling
- Morita Holdings
- BHS-Sonthofen
- Panchal Plastic Machinery
- Mid Atlantic Waste
- Suny Group
- Roter Recycling
- Vecoplan
- Forrec srl Recycling
Q6. Which recycling equipment and machinery market segment will be the largest in future?
Answer: Lucintel forecasts that plastic will remain the largest segment over the forecast period due to the increasing usage of plastic across the world, as well as the desire to recycle and reuse it.
Q7. In recycling equipment and machinery market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to the government's stringent legislation and regulations to minimize carbon emissions and greenhouse gas emissions in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the recycling equipment and machinery market by material (plastic, ferrous & non-ferrous, wood paper & cardboard, and rubber), machines (baler presses, shredders, shears, granulators, agglomerators, and extruders), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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