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Germany Tops Europe's Plastic Shredder Accounting Industry For 25.0% Share In 2023
Europe Plastic Shredder Market
Various definitions, industry segmentations or categories, industry applications, and value chain topologies are included in the report. The market study carefully investigates and analyses a range of industries and areas related to the market. Fact.MR crew carefully follows to all market-related factors when producing a Europe Plastic Shredder Market research document for a customer.
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What are the Factors Driving the Market's Growth Across Germany?
Of the 8.5 million tonnes of plastic that can be recycled in all of Europe, Germany has the highest capability, with around 1.5 million tonnes. Recycling is expected to reduce carbon dioxide emissions by around 1.5 tonnes for every tonne of plastic recycled as compared to incineration.
Germany joined the August 2022 launch of the High Ambition Coalition, a global initiative to eradicate plastic pollution by the year 2040.
In the nation, a lot of brand-new recycling facilities are being built to address plastic trash. At Dow's Böhlen facility in Germany, Mura Technology has announced plans to construct the largest recycling facility in Europe. The facility will be finished by 2025 and have a 120 kiloton annual capacity for advanced recycling.
By 2033, the German plastic shredder market is projected to grow at a CAGR of 3.5% and be worth USD256.8 million.
Key Companies Profiled
• Dragon Machinery Ltd,
• GENIUS MACHINERY CO., LTD
• Harden Machinery Ltd.
• Hosokawa Alpine AG
• Shanghai Joyal Machinery Co., Ltd.
• SHINI PLASTICS TECHNOLOGIES, INC.
• SSI Shredding Systems, Inc.
• Vecoplan LLC.
• WEIMA
What insights this research provides to readers?
• Europe Plastic Shredder fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Europe Plastic Shredder player.
• Various regulations imposed by the governments on the consumption of Europe Plastic Shredder in detail.
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Based on precise data trends and classification, we provide one of the most thorough and understandable regional breakdowns of the global Europe Plastic Shredder market. With regard to a variety of industries, from developing markets to regional markets, our specialists provided insightful analysis. Expect a thorough examination of the most significant economies in the globe, both internationally and globally.
The most recent market research report, which is being distributed to a global audience, offers business forecasts, growth trends in important regions, and development developments. The thorough market research helps customers navigate the data and understand the analysis. A deeper understanding of the industry, thorough predictions, product production, and overall market income can all be aided by geographic market research.
Europe Plastic Shredder Market: Segmentation
• By Product Type:
o Single-shaft
o Double-shaft
o Multi-shaft
• By Mechanism:
o Automatic
o Semi-Automatic
• By Country:
o Germany
o France
o UK
o BENELUX
o NORDIC
o Italy
o Spain
o Rest of Europe
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