Recycling Equipment Market Top Key Players and Regional Prospects for 2024-2032
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The research report for the Recycling Equipment Market (2023-2028) presents a comprehensive examination of different types [Conveyors, Crushers, Perforators, Materials Separation Equipment, Optical sorting systems, Balers, Cranes, Others] and applications [Municipal Solid Waste Recycling, E-Waste Recycling, Commercial and Industrial Waste, Transfer Station Recycling, Metals Separation and Recycling, Others] within the market. It offers valuable perspectives on market dynamics, growth determinants, and a competitive assessment. The report encompasses 119 pages, tables, and illustrative figures, delivering essential forecast data for the period until 2028. It also Provide advantages to stakeholders, vendors, and other industry participants.
Biggest Global Manufacturer in the Recycling Equipment Market –
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Brief Overview of the Recycling Equipment Market –
Based on our most recent research report, the Global Recycling Equipment Market is undergoing USD 928.94 Million global expansion in 2022. The report offers an in-depth assessment of the market's present dimensions, patterns, market share, economic evaluation, and also includes a projection USD 1200.03 Million and CAGR Value is 4.36% for the period until 2028.
Market Overview of Global Recycling Equipment market:
The latest research study on the global Recycling Equipment market finds that the global Recycling Equipment market reached a value of USD 928.94 million in 2022. It’s expected that the market will achieve USD 1200.03 million by 2028, exhibiting a CAGR of 4.36% during the forecast period.
Short-term impact
COVID-19 can affect the global economy in three main ways: directly affecting production and demand, causing supply chain and market disruption, and financial impact on companies and financial markets. In the short term, it will have a certain degree of negative impact. Affected by the epidemic, major economies have adopted policies of suspension of work and production and home isolation. The production, transportation, and supply of raw materials are temporarily difficult to be in place. The cost of upstream companies directly affects the production costs of downstream companies. The demand for terminal enterprises has also been suppressed, and the labor force of recycling enterprises has also been restricted. Recycling Equipment manufacturers are affected, and production and delivery may be delayed. For production-oriented enterprises, if they fail to meet the customers delivery requirements in accordance with the contract, it may cause the customer to find another owner and lose business. During this period of operation and production, for enterprises, costs increase and risks increase. At the same time, it affects the capital market, weakens market confidence, makes it more difficult for companies to raise funds, and affects corporate cash flow.
Long-term impact
With the gradual stabilization of the epidemic and the promotion of vaccines, market confidence has gradually recovered, the capital market has stabilized, and corporate production capacity has recovered. With the gradual recovery of logistics, the supply chain will also recover, and production risks will also be reduced. Affected by the epidemic, companies have begun to pay attention to digital production models, and companies are also paying more attention to digital models. Consumers pay more attention to environmental protection and increase their awareness of recycled materials, which has promoted the popularization and development of recycling equipment.
Economic and environmental benefits of recycling
Recycling involves processing used materials into new products to prevent the waste of potentially useful materials. Recycling reduces the need for "traditional" waste treatment, thereby reducing the consumption of raw materials, reducing energy use, and reducing air and water pollution. Compared with the original production, it also reduces greenhouse gas emissions.
Metal recycling can protect the environment and save energy. Using secondary raw materials means reducing the use of natural resources, otherwise, these resources will need to be used to make new metal compounds such as iron ore in steelmaking; nickel in stainless steel; or alumina and bauxite in aluminum smelting mines.
Production methods using recycled materials can also save a lot of energy and reduce carbon dioxide emissions: EU data shows that the use of recycled raw materials, including metals, can reduce carbon dioxide emissions by approximately 200 million tons per year.
Low awareness among consumers in developing countries will prove to be a challenge
Although recycling equipment is gaining popularity, the challenges associated with product acceptance in emerging economies may hinder market development over the forecast time period. This is due to the conception of consumers towards recycled plastics such as lack of durability & strength, and contamination, etc. These factors may slow down the recycling equipment market development in the coming years.
The infrastructure in developing countries such as Indonesia and India and smaller countries such as Cambodia is not yet mature. Due to the lack of public awareness of recycling, most recycling programs implemented by communities or NGOs have failed. How to raise public awareness of recycling will become an important challenge.
Region Overview:
In 2021, the share of the Recycling Equipment market in North America stood at 41.18%.
Company Overview:
The CP Group (MSS optical sorting systems) is one of the major players operating in the Recycling Equipment market, holding a share of 8.62% in 2022.
The CP Group (MSS optical sorting systems)
CP Manufacturing and the CP Group have provided equipment for 6 continents and have designed, manufactured and installed over 400 Material Recovery Facilities, and over 10,000 pieces of UBC processing equipment. They continue to lead the industry with innovative design, quality construction and unsurpassed customer service.
Pronar
PRONAR Sp. z o. o. is a manufacturer of agricultural machinery. The company offers tractors, trailers, hay and silage preparation machines, and feeding equipment. Production is carried out in several factories located in podlaskie viovideship (in Narew, Narewka and Strabla, among others).
Segmentation Overview:
By type, Balers segment accounted for the largest share of market in 2021.
Application Overview:
By application, the Commercial and Industrial Waste segment occupied the biggest share from 2017 to 2022.
The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Recycling Equipment market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Research Scope
This report provides an overview of the global Recycling Equipment market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Recycling Equipment and its sub-markets in an intuitive way.
Different Segmentation Divided into the Recycling Equipment Market -
Driving Factors of the Recycling Equipment Market –
Types of the Recycling Equipment Market –
Analysis and Scope of the Recycling Equipment Market –
The scope of the Recycling Equipment market research report encompasses a comprehensive analysis of the targeted industry or market, aiming to provide a clear understanding of various key facets. It involves an exploration of Recycling Equipment market trends, size, and growth potential, along with an examination of competitive landscape, consumer behavior, and technological advancements influencing the market. The report typically delves into the identification of key market players, their strategies, and market segmentation to unveil valuable insights. Furthermore, the scope may extend to macroeconomic factors, regulatory influences, and potential challenges, offering stakeholders a holistic view for informed decision-making and strategic planning.
Growing Regional Areas of the Recycling Equipment Market -
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What are the Drivers and Restraints of Recycling Equipment Market –
The Recycling Equipment market research report highlights a range of drivers and restraints that exert a significant impact on the studied market's dynamics. Drivers, encompassing factors such as technological innovations, changing consumer preferences, and favorable economic conditions, propel market growth by fostering demand and opening avenues for expansion. Conversely, restraints, which comprise challenges like regulatory constraints, supply chain disruptions, and economic downturns, impede market progression. These factors collectively shape the market landscape, influencing trends, opportunities, and potential obstacles, thus providing a comprehensive understanding for stakeholders to navigate and devise strategies in an ever-evolving business environment.
The Recycling Equipment Market addresses the following essential Questions Answer:
Recycling Equipment Market Analysis: Impact of COVID-19 and Recovery -
The global market was profoundly impacted by the emergence of the Covid-19 pandemic. Lockdowns, supply chain disruptions, and reduced consumer spending caused widespread market turmoil. While certain sectors experienced substantial growth due to increased demand for remote work solutions, digital services, and healthcare products, others faced significant setbacks. Market drivers such as technological innovation and changing consumer preferences accelerated in some areas, while restraints like supply chain vulnerabilities and economic uncertainty became more pronounced.
The pandemic's impact reverberated across industries, altering market dynamics, sizes, and trends. Despite the challenges, adaptation and innovation emerged as key drivers of market recovery. As countries gradually eased restrictions, pent-up demand and fiscal stimulus measures facilitated market growth in various sectors. Post-pandemic, the market landscape is expected to witness a fusion of pre-pandemic strategies with the accelerated adoption of digital technologies, shaping a new era of market dynamics.
Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Recycling Equipment Market.
Detailed TOC of Global Recycling Equipment Market Research Report, 2023-2028 -
1. Market Definition and Statistical Scope
1.1 Objective of the Study
1.2 Recycling Equipment Market Definition
1.3 Market Scope
1.3.1 Market Segmentation by Type, Downstream Industry and Marketing Channel
1.3.2 Major Geographies Covered (North America, Europe, Asia Pacific, Middle East & Africa, Latin America)
1.4 Years Considered for the Study (2018-2029)
1.5 Currency Considered (U.S. Dollar)
1.6 Stakeholders
2. Research Findings and Conclusion
3 Key Companies’ Profile
3.1 Competitive Profile
3.1.1 Global Recycling Equipment Sales and Market Share by Companies
3.1.2 Global Recycling Equipment Revenue and Market Share by Companies
3.2 Morita Holdings
3.2.1 Brief Introduction of Morita Holdings
3.2.2 Morita Holdings Sales, Growth Rate and Global Market Share from 2018-2023
3.2.3 Morita Holdings Related Products/Service Introduction
3.2.4 Morita Holdings Business Overview/Recent Development/Acquisitions
3.3 The CP Group (MSS optical sorting systems)
3.3.1 Brief Introduction of The CP Group (MSS optical sorting systems)
3.3.2 The CP Group (MSS optical sorting systems) Sales, Growth Rate and Global Market Share from 2018-2023
3.3.3 The CP Group (MSS optical sorting systems) Related Products/Service Introduction
3.3.4 The CP Group (MSS optical sorting systems) Business Overview/Recent Development/Acquisitions
3.4 MHM Recycling Equipment
3.4.1 Brief Introduction of MHM Recycling Equipment
3.4.2 MHM Recycling Equipment Sales, Growth Rate and Global Market Share from 2018-2023
3.4.3 MHM Recycling Equipment Related Products/Service Introduction
3.4.4 MHM Recycling Equipment Business Overview/Recent Development/Acquisitions
3.5 Marathon Equipment
3.5.1 Brief Introduction of Marathon Equipment
3.5.2 Marathon Equipment Sales, Growth Rate and Global Market Share from 2018-2023
3.5.3 Marathon Equipment Related Products/Service Introduction
3.5.4 Marathon Equipment Business Overview/Recent Development/Acquisitions
3.6 Green Machine
3.6.1 Brief Introduction of Green Machine
领英推荐
3.6.2 Green Machine Sales, Growth Rate and Global Market Share from 2018-2023
3.6.3 Green Machine Related Products/Service Introduction
3.6.4 Green Machine Business Overview/Recent Development/Acquisitions
3.7 LEFORT
3.7.1 Brief Introduction of LEFORT
3.7.2 LEFORT Sales, Growth Rate and Global Market Share from 2018-2023
3.7.3 LEFORT Related Products/Service Introduction
3.7.4 LEFORT Business Overview/Recent Development/Acquisitions
3.8 Recycling Equipment Manufacturing
3.8.1 Brief Introduction of Recycling Equipment Manufacturing
3.8.2 Recycling Equipment Manufacturing Sales, Growth Rate and Global Market Share from 2018-2023
3.8.3 Recycling Equipment Manufacturing Related Products/Service Introduction
3.8.4 Recycling Equipment Manufacturing Business Overview/Recent Development/Acquisitions
3.9 Pronar
3.9.1 Brief Introduction of Pronar
3.9.2 Pronar Sales, Growth Rate and Global Market Share from 2018-2023
3.9.3 Pronar Related Products/Service Introduction
3.9.4 Pronar Business Overview/Recent Development/Acquisitions
3.10 Shred-Tech
3.10.1 Brief Introduction of Shred-Tech
3.10.2 Shred-Tech Sales, Growth Rate and Global Market Share from 2018-2023
3.10.3 Shred-Tech Related Products/Service Introduction
3.10.4 Shred-Tech Business Overview/Recent Development/Acquisitions
3.11 M Machinex
3.11.1 Brief Introduction of M Machinex
3.11.2 M Machinex Sales, Growth Rate and Global Market Share from 2018-2023
3.11.3 M Machinex Related Products/Service Introduction
3.11.4 M Machinex Business Overview/Recent Development/Acquisitions
3.12 SHERBROOKE OEM
3.12.1 Brief Introduction of SHERBROOKE OEM
3.12.2 SHERBROOKE OEM Sales, Growth Rate and Global Market Share from 2018-2023
3.12.3 SHERBROOKE OEM Related Products/Service Introduction
3.12.4 SHERBROOKE OEM Business Overview/Recent Development/Acquisitions
3.13 General Kinematics
3.13.1 Brief Introduction of General Kinematics
3.13.2 General Kinematics Sales, Growth Rate and Global Market Share from 2018-2023
3.13.3 General Kinematics Related Products/Service Introduction
3.13.4 General Kinematics Business Overview/Recent Development/Acquisitions
3.14 Kiverco
3.14.1 Brief Introduction of Kiverco
3.14.2 Kiverco Sales, Growth Rate and Global Market Share from 2018-2023
3.14.3 Kiverco Related Products/Service Introduction
3.14.4 Kiverco Business Overview/Recent Development/Acquisitions
3.15 Recycling Equipment Corporation (REC)
3.15.1 Brief Introduction of Recycling Equipment Corporation (REC)
3.15.2 Recycling Equipment Corporation (REC) Sales, Growth Rate and Global Market Share from 2018-2023
3.15.3 Recycling Equipment Corporation (REC) Related Products/Service Introduction
3.15.4 Recycling Equipment Corporation (REC) Business Overview/Recent Development/Acquisitions
4. Global Recycling Equipment Market Segmented by Type
4.1 Global Recycling Equipment Sales, Revenue and Growth Rate by Type 2018-2023
4.2 Conveyors
4.3 Crushers
4.4 Perforators
4.5 Materials Separation Equipment
4.6 Optical sorting systems
4.7 Balers
4.8 Cranes
4.9 Others
5 Global Recycling Equipment Market Segmented by Downstream Industry
5.1 Global Recycling Equipment Sales, Revenue and Growth Rate by Downstream Industry 2018-2023
5.2 Municipal Solid Waste Recycling
5.3 E-Waste Recycling
5.4 Commercial and Industrial Waste
5.5 Transfer Station Recycling
5.6 Metals Separation and Recycling
5.7 Others
6 Recycling Equipment Industry Chain Analysis
6.1 Value Chain Status
6.2 Upstream Raw Material Analysis
6.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
6.4 Distributors/Traders
6.5 Downstream Major Customer Analysis (by Region)
6.6 Value Chain Under Regional Conflicts
7. The Development and Dynamics of Recycling Equipment Market
7.1 Driving Factors of the Market
7.2 Factors Challenging the Market
7.3 Opportunities of the Global Recycling Equipment Market (Regions, Growing/Emerging Downstream Market Analysis)
7.4 Technology Status and Developments in the Recycling Equipment Market
7.5 Industry News
7.6 Market Investment Scenario Strategic Recommendations
7.7 COVID-19 Impact on Recycling Equipment Industry
7.7.1 Recycling Equipment Business Impact Assessment - Covid-19
7.7.2 Supply Chain Challenges
7.7.3 Market Trends and Potential Opportunities of Recycling Equipment in the COVID-19 Landscape
7.8 Industry SWOT Analysis
8 Global Recycling Equipment Market Segmented by Geography
8.1 Global Recycling Equipment Revenue and Market Share by Region 2018-2023
8.2 Global Recycling Equipment Sales and Market Share by Region 2018-2023
Continued…
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