Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin 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: ETC058409 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America recycling equipment & machinery market demand would continue to increase on account of factors such as growth in environmental concern and end-use construction with a hike in the development projects will also boost the growth of the Latin America recycling equipment & machinery market. Additionally, it is expected to grow modestly in this global market, owing to low environmental awareness and the lack of capital and technical knowledge. Further, the Latin American waste management market is highly competitive with newer laws being implemented by the governments for effective waste management and develop better waste recycling equipment initiatives. Furthermore, low-profit margin due to acute competition and lack of skilled professionals are some of the key challenges that restrain the growth of the Latin America recycling equipment & machinery market. However, the outbreak of the coronavirus pandemic has affected the sales of recycling equipment and machinery products worldwide.
According to 6Wresearch, Latin America Recycling Equipment & Machinery Market size is projected to witness substantial growth during 2021-2027. Currently, Mexico accounts for the highest revenue share in the overall recycling equipment & machinery market and is expected to maintain its dominance during the forecast period. Additionally, countries such as Mexico and Brazil are projected to be a lucrative market for recycling equipment and machinery, largely due to improved understanding of the atmosphere, industrial growth, and expanded public-private collaborations. Further, countries such as Brazil and Mexico are among the top contributors in the market revenues owing to the rapid advanced industrial growth. Additionally, the countries in Latin America are also aware of the benefits they can get from good waste management policies and practices.
The shredders segment is expected to remain a high-volume segment in the waste management equipment market, owing to the simple construction and wide applications of this equipment in municipal waste management. Additionally, Extruders 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. Further, Proliferating the mining sector in major countries including Brazil, Italy, Mexico, etc. will propel the industry growth.
Some major players of the Latin America recycling equipment & machinery market are Stericycle, Waste Management, Sembcorp Industries, Veolia, Suez, Reclay Group, Daiseki, Enviroserv Waste Management, Clean Harbors, WeatherSolve Structures, and Summit Equipment. Further, the countries in Latin America are also aware of the benefits they can get from good waste management policies and practices.
The Latin America recycling equipment & machinery market report comprehensively covers the market by machine types, processed materials, and countries including Mexico and Brazil. The Latin America recycling equipment & machinery market outlook report provides an unbiased and detailed analysis of the Latin America 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 Latin America Recycling Equipment & Machinery Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Recycling Equipment & Machinery Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Recycling Equipment & Machinery Market - Industry Life Cycle |
3.4 Latin America Recycling Equipment & Machinery Market - Porter's Five Forces |
3.5 Latin America Recycling Equipment & Machinery Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Recycling Equipment & Machinery Market Revenues & Volume Share, By Machine Types, 2020 & 2027F |
3.7 Latin America Recycling Equipment & Machinery Market Revenues & Volume Share, By Processed Materials, 2020 & 2027F |
4 Latin America Recycling Equipment & Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Recycling Equipment & Machinery Market Trends |
6 Latin America Recycling Equipment & Machinery Market, 2017 - 2027 |
6.1 Latin America Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
6.2 Latin America Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
7 Brazil Recycling Equipment & Machinery Market, 2017 - 2027 |
7.1 Brazil Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
7.2 Brazil Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
8 Mexico Recycling Equipment & Machinery Market, 2017 - 2027 |
8.1 Mexico Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
8.2 Mexico Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
9 Argentina Recycling Equipment & Machinery Market, 2017 - 2027 |
9.1 Argentina Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
9.2 Argentina Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
10 Rest of Latin America Recycling Equipment & Machinery Market, 2017 - 2027 |
10.1 Rest of Latin America Recycling Equipment & Machinery Market, Revenues & Volume, By Machine Types, 2017 - 2027 |
10.2 Rest of Latin America Recycling Equipment & Machinery Market, Revenues & Volume, By Processed Materials, 2017 - 2027 |
11 Latin America Recycling Equipment & Machinery Market Key Performance Indicators |
12 Latin America Recycling Equipment & Machinery Market - Opportunity Assessment |
12.1 Latin America Recycling Equipment & Machinery Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Recycling Equipment & Machinery Market Opportunity Assessment, By Machine Types, 2020 & 2027F |
12.3 Latin America Recycling Equipment & Machinery Market Opportunity Assessment, By Processed Materials, 2020 & 2027F |
13 Latin America Recycling Equipment & Machinery Market - Competitive Landscape |
13.1 Latin America Recycling Equipment & Machinery Market Revenue Share, By Companies, 2020 |
13.2 Latin America Recycling Equipment & Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |