PUBLISHER: Value Market Research | PRODUCT CODE: 1342921
PUBLISHER: Value Market Research | PRODUCT CODE: 1342921
The global demand for Metal Recycling Equipment Market is presumed to reach the market size of nearly USD 14.2 BN by 2030 from USD 8.76 BN in 2022 with a CAGR of 6.22% under the study period 2023 - 2030.
Metal recycling equipment is industrial machinery such as shredders, briquetting machines, granulating machines, baler presses, extruders, and more. Metal recycling equipment is used for recycling metal waste applications, including collection & sorting, grinding, processing, melting, and purification. Metal recycling equipment is used for processing a wide range of metal scraps.
Metal recycling equipment is garnering huge traction due to the increasing problems associated with the proper disposal of metal waste generated worldwide. The excessive wear and tear of parts such as wear ring, ram, die, barring, split die, and others and high consumption of electricity and fuels are impeding market sales of metal recycling equipment. Moreover, the growth of the electronics industry has also generated demand within the global metal recycling equipment market. Furthermore, rising demand for recycled metals from various end-use industries, combined with increasing global metallic waste, is expected to drive demand for metal recycling equipment. In addition, rising strict government regulations on recycling for efficient utilization of natural resources and waste management are anticipated to create lucrative market opportunities.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of metal recycling equipment. The growth and trends of metal recycling equipment industry provide a holistic approach to this study.
This section of the metal recycling equipment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Metal Recycling Equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the metal recycling equipment market include Kiverco, General Kinematics Corporation, Marathon Equipment, American Baler Company, Danieli Centro Recycling, FOR REC S.P.A., BHS Sonthofen GmbH, Metso Outotec Corporation, JMC Recycling Ltd., LEFORT, CP Manufacturing, Inc., JMC Recycling Ltd., Eldan Recycling A/S, MHM Recycling Equipment, Advance Hydrau Tech Pvt Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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