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Plastic Sorting Machine Market Size 2024 to 2031.

04-13-2024 12:31 AM CET | Associations & Organizations

Press release from: Report Prime

Market Overview and Report Coverage

A plastic sorting machine is a piece of equipment used to separate plastic waste based on different properties such as color, type, and density. These machines play a crucial role in the recycling process by automating the sorting of plastic waste, increasing efficiency, and reducing contamination.
The Plastic Sorting Machine Market is expected to experience significant growth in the coming years, with a projected compound annual growth rate (CAGR) of 10.20% during the forecasted period. The increasing awareness about environmental protection, stringent regulations regarding plastic waste management, and the growing adoption of recycling practices are all contributing to the market's growth.
Furthermore, technological advancements in plastic sorting machines are leading to improved efficiency and accuracy in sorting operations, which is driving market expansion. The rise in plastic production and the subsequent increase in plastic waste generated worldwide also create a strong demand for plastic sorting machines.
Overall, the future outlook for the Plastic Sorting Machine Market looks promising, with continuous advancements in technology and increasing focus on sustainable waste management practices driving market growth.

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Market Segmentation
The Plastic Sorting Machine Market Analysis by types is segmented into:
• Chute-Type Sorting Machine
• Belt-Type Sorting Machine

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The plastic sorting machine market includes chute-type sorting machines and belt-type sorting machines. Chute-type sorting machines use gravity to separate different types of plastics based on their weight and size, while belt-type sorting machines use conveyor belts to transport and separate plastics based on their composition or color. Both types of machines are commonly used in recycling facilities to automate the process of sorting and recycling plastic materials efficiently. These machines help in improving the overall recycling process and reducing manual labor.

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The Plastic Sorting Machine Market Industry Research by Application is segmented into:
• Plastic Flakes and Particles
• Pretreatment Plastics

The plastic sorting machine market application for plastic flakes and particles involves separating and sorting different types of plastic materials to ensure proper recycling and reuse. Pretreatment plastics market focuses on preparing plastic waste for further processing by removing contaminants and impurities. Both applications play a crucial role in promoting sustainability and reducing environmental impact by improving the efficiency of plastic recycling processes and ensuring the quality of recycled plastic materials.

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In terms of Region, the Plastic Sorting Machine Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Plastic Sorting Machine market?
The global plastic sorting machine market is witnessing emerging trends such as the increasing adoption of AI and machine learning technology for better sorting efficiency, the growing demand for automated sorting solutions to improve recycling rates, and the rising focus on reducing plastic waste and promoting sustainable practices. Additionally, advancements in sensor technology, robotics, and data analytics are driving innovation in plastic sorting machines. Furthermore, manufacturers are developing new sorting systems that offer high precision and flexibility to meet the evolving needs of the plastic recycling industry. These trends are expected to reshape the market landscape and drive growth in the coming years.

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Major Market Players
One of the key players in the competitive plastic sorting machine market is TOMRA, a Norwegian company that has been in operation for over 45 years. TOMRA is a leading provider of sensor-based sorting solutions for the food, recycling, and mining industries. The company has a global presence, with offices and facilities in over 80 countries. TOMRA has a strong track record of innovation and continuous improvement, leading to its reputation as a trusted partner in the industry.
Another significant player in the market is Bühler, a Swiss company with a history dating back over 150 years. Bühler is a global leader in the field of processing technologies and services for industries ranging from food and feed to advanced materials. The company has a strong focus on sustainability and has developed sorting solutions that help customers reduce waste and improve efficiency.
In terms of market growth and size, the global plastic sorting machine market is projected to reach USD 2.84 billion by 2025, growing at a CAGR of 8.0% during the forecast period. The increasing demand for recycled plastics, coupled with stringent environmental regulations, is driving the growth of the market. Key players such as TOMRA, Bühler, and Pellenc ST are expected to continue to dominate the market due to their strong product offerings and established presence in the industry.
As for sales revenue, TOMRA reported a total revenue of USD 990 million in 2020, while Bühler recorded sales of over USD 3.3 billion in the same year. These figures highlight the significant market presence and financial performance of these companies in the plastic sorting machine market.

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Email: sales@reportprime.com

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