Recycling Equipment & Machinery Market Brief Analysis By Top Key Players | Mid Atlantic Waste Systems, Danieli Centro Recycling, Gamma Meccanica, Panchal Plastic Machinery Private Ltd., Shred-tech, BHS Sonthofen, Morita Holdings Corporation & More

The recycling equipment and machinery market is expected to witness immense growth attributed to the imposition of several recycling laws and the efforts to implement recycling by numerous food and beverage firms. The food and beverage industry produces abundant solid waste like steel and aluminum cans, plastics bottles, glass jars and paper that companies need to address as a part of the business. As food service providers manage to reduce waste disposal volumes and disposal costs, they end up saving money and make a positive impact on the environment, a fact that would boost recycling equipment and machinery market share in the years to come.

MarketStudyReport.com Adds New Recycling Equipment & Machinery Market 2018 – 2024 research report providing information and data By Machine, By Processed Material, Industry Analysis, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 172 Pages with table and figures in it.

Germany hold the maximum portion of the market volume and depicted substantial growth rate by the end of 2025. According to Eurostat, Germany has maximum recycling rate of 66.1%, with increase of 0.5% from previous year. Growing recycling activities in the country will further spur the product market.

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The major participants of the market include Mid Atlantic Waste Systems, Danieli Centro Recycling, Gamma Meccanica, Panchal Plastic Machinery Private Ltd., Shred-tech, BHS Sonthofen, Morita Holdings Corporation, Suny Group, Vecoplan , Forrec Srl Recycling, Roter Recycling, Idromec, and Lefort.

Recycling waste product plays a noteworthy role in boosting the worldwide economy. It not only provides environment benefits but also reduce the production cost. For instance, recycled aluminum product saves around 95% of energy required to produce virgin aluminum products. Increasing recycling activities around the globe will spur the recycling machinery and equipment market in next seven years down the line.

The market is diversified based on processed material which include plastic, ferrous & non-ferrous, Wood, paper & cardboard, rubber and others. On the revenue basis, ferrous and non-ferrous material is likely to account 30% of the entire market share in near future. Recycled ferrous and nonferrous metals have myriad end-user domain including home appliances, construction materials including rebars, packaging materials such as aluminum cans, beer bottles, wine bottles, etc.

In recent years, legislative pressure and increasing recycling rate have significantly influenced the product market. For instance, Pennsylvania Statutes developed Covered Device Recycling Act in 2010 for recycling electrical and electronic devices. Moreover, in 2015, the global recycling industry generated the revenue of around USD 24 billion and will reach to USD 40 billion by the end of 2020. This will lead to increase recycling equipment & machinery market growth in near future.

Baler press holds around one-third of the entire product market and exhibit 5.3% year over year increase in market share. The product has important role in concept of 3R which defines reduce, reuse and recycle. These machines compress and binds the waste material into compact bales for easy handling and transportation.

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Poor waste management system along with price fluctuation are the major challenges faced by the developing nation including India, Thailand, etc. Moreover, lack of investment for technological enhancement will impede the recycling equipment and machinery market in this region.

Table of Content:

Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Recycling Equipment & Machinery Industry Insights
Chapter 4. Recycling Equipment & Machinery Market, Machine By Processed Material
Chapter 5. Recycling Equipment & Machinery Market, By Processed Material
Chapter 6. Recycling Equipment & Machinery Market, By Region
Chapter 7. Company Profiles

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Scope of this Report: Recently, for example, PepsiCo announced a new packaging goal to use 25 percent of recycled content in its plastic packaging by 2025. The company’s Indian division is also planning to limit its impact on the environment by establishing a facility to recycle used PET bottles. The rising awareness of the benefits of recycling in the food and beverage industry will drive the demand for recycling equipment and machinery market in the coming years.
For major industries to successfully implement recycling methods, it is also important for consumers to dispose of their waste in a responsible way. Recently, Nestle Australia commenced the implementation of the Australasian Recycling Label (ARL) in its product packaging. ARLs are labels designed for consumers to easily understand what the best ways are to recycle and dispose of a particular product after its use. Such efforts to raise consumer awareness will help companies successfully adapt to effective recycling methods, thereby impacting the recycling equipment and machinery market size.

Related Report:

United States Recycling Equipment Market Report 2018

In this report, the United States Recycling Equipment market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

https://www.marketstudyreport.com/reports/united-states-recycling-equipment-market-report-2018/?utm_source=RR-PSR

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