Market Forecast By Regions (Europe, Middle East, Asia Pacific, Africa, Middle East, Latin America and North America), By Machine Types (Baler Presses, Shredders, Shears, Agglomerates, Extruders), By Processed Materials (Plastic, Ferrous & Non-Ferrous, Wood, Paper & Cardboard, Rubber, Others) And Competitive Landscape
Product Code: ETC060843 | Publication Date: Jun 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global recycling equipment & machinery market demand would continue to accelerate on account of increased recycled materials in most of the end-user industries across the globe. Additionally, the growing consumption of recycled materials in the automotive sector for manufacturing electrical components, body panels, etc. is expected to generate the need for recycled machines over the upcoming years. Government initiatives for reducing greenhouse gas emissions in various countries will further create a requirement for recycled metals over the projected period. Nevertheless, the sales of recycling equipment & machinery market are expected to drop globally owing to the outbreak of coronavirus pandemic as the market would experience a shortage from the supply side. However, due to the outbreak of the Covid-19 pandemic and implementation of lockdowns, people would refrain from buying recycling machines as these products do not come under first priority-products amid a lockdown.
According to 6Wresearch, Global Recycling Equipment & Machinery Market size is projected to witness substantial growth during 2021-2027. Currently, Asia Pacific holds a significant share of the overall industry during the forecast period. Further, Europe has witnessed the highest growth in the recycling equipment industry owing to increasing plastic waste generation and fulfilling energy conservation goals. Moreover, China has imposed a ban on plastic waste imports all over the world to reduce pollution caused by plastic. Additionally, the new packaging law proposed by the parliament in North America is likely to reduce plastic wastage in the coming years. Global recycling equipment & machinery market share is highly fragmented with a large number of industry players offering a range of products along with fulfilling custom requirements of the recycling companies. Additionally, the companies are strategically investing in enhancing their capacities across the globe to meet consumer demand. Further, MTB Recycling planned to expand its manufacturing unit based in Africa, which will cover additional workshops and office spaces.
In the overall global recycling equipment & machinery market, the baler press segment is likely to have a significant share of the overall market during the forecast period. Additionally, this is due to a large number of plastic wastes including biodegradable and non-biodegradable materials that can be recycled into bales using these machines. In addition, Shredders will also be growing at a considerable rate in the forecast period due to its increasing demand for the off-road tire sector in the coming years. Proliferating the mining sector in major countries including Brazil, India, China, etc. will further propel the industry growth.
Some of the key players in the global recycling equipment & machinery market are Forrec Srl Recycling, Lefort, BHS Sonthofen, Mid Atlantic Waste Systems, and many more.
The global recycling equipment & machinery market report comprehensively covers the market of machines, processed material, and regions including Europe, North America, Asia Pacific, Latin America, Africa, and Middle East regions. The global recycling equipment & machinery market outlook report provides an unbiased and detailed analysis of the global recycling equipment & machinery market trends, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Market report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Recycling Equipment & Machinery Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Recycling Equipment & Machinery Market Revenues & Volume, 2020 & 2027F |
3.3 Global Recycling Equipment & Machinery Market - Industry Life Cycle |
3.4 Global Recycling Equipment & Machinery Market - Porter's Five Forces |
3.5 Global Recycling Equipment & Machinery Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Global Recycling Equipment & Machinery Market Revenues & Volume Share, By Machine Types, 2020 & 2027F |
3.7 Global Recycling Equipment & Machinery Market Revenues & Volume Share, By Processed Materials, 2020 & 2027F |
4 Global Recycling Equipment & Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Recycling Equipment & Machinery Market Trends |
6 Global Recycling Equipment & Machinery Market, 2017 - 2027 |
6.1 Global Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
6.2 Global Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
7 North America Recycling Equipment & Machinery Market, 2017 - 2027 |
7.1 North America Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
7.2 North America Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
8 Latin America Recycling Equipment & Machinery Market, 2017 - 2027 |
8.1 Latin America Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
8.2 Latin America Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
9 Europe Recycling Equipment & Machinery Market, 2017 - 2027 |
9.1 Europe Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
9.2 Europe Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
10 Middle East Recycling Equipment & Machinery Market, 2017 - 2027 |
10.1 Middle East Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
10.2 Middle East Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
11 Africa Recycling Equipment & Machinery Market, 2017 - 2027 |
11.1 Africa Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
11.2 Africa Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
12 Asia Pacific Recycling Equipment & Machinery Market, 2017 - 2027 |
12.1 Asia Pacific Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
12.2 Asia Pacific Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
13 Global Recycling Equipment & Machinery Market Key Performance Indicators |
14 Global Recycling Equipment & Machinery Market - Opportunity Assessment |
14.1 Global Recycling Equipment & Machinery Market Opportunity Assessment, By Countries, 2020 & 2027F |
14.2 Global Recycling Equipment & Machinery Market Opportunity Assessment, By Machine Types, 2020 & 2027F |
14.3 Global Recycling Equipment & Machinery Market Opportunity Assessment, By Processed Materials, 2020 & 2027F |
15 Global Recycling Equipment & Machinery Market - Competitive Landscape |
15.1 Global Recycling Equipment & Machinery Market Revenue Share, By Companies, 2020 |
15.2 Global Recycling Equipment & Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
16 Company Profiles |
17 Recommendations |
18 Disclaimer |