Press release
Primary Catalyst Driving Recycling Equipment Market Evolution in 2025: Growing Significance Of Waste Management Is Driving The Recycling Equipment Market Driver
Recycling Equipment Market Size
The market size for recycling equipment has seen significant expansion in the past few years. Its predicted growth is from $27.52 billion in 2024 to $29.36 billion in 2025, with a compound annual growth rate (CAGR) of 6.7%. Factors that contributed to the growth during the historic period include government regulations, the finite nature of landfill spaces, increased urbanization, escalating industrialization, and a rise in waste production.
Expect significant growth for the recycling equipment market over the next several years, with the market projected to reach a value of $37.72 billion in 2029, showing a compound annual growth rate (CAGR) of 6.5%. This projected growth within the prediction period is driven by factors such as the implementation of a circular economy, stringent waste management regulations, the spread of e-waste, goals to decrease carbon footprints, and collaborations between public and private entities. Within the forecast period, trends to watch for include the automation of recycling operations, modular recycling platforms, utilization of 3D printing waste, the decentralization of recycling facilities, and the use of blockchain to improve recycling process transparency.
What Is Stimulating Growth in the Recycling Equipment Market?
The escalating importance of managing waste effectively is predicted to stimulate the expansion of the recycling equipment market in the future. Managing waste encompasses all activities and processes that involve collecting, processing, storing, handling, and conveying waste materials from their origin to their final disposal destination. The escalated importance of waste management is attributed to growing consciousness about the environment, stricter regulations, urban growth, the scarcity of resources, and advancements in recycling technology. The role of recycling equipment is getting more critical to contemporary waste management because it simplifies the separation, processing, and conversion of recyclable waste. This significantly minimizes waste dispatched to landfills, diminishes its environmental footprint, and aids the shift towards a sustainable circular economy. For example, in February 2024, the Global Waste Management Outlook 2024 released by the United Nations Environment Programme, an international authority on the environment based in Kenya, estimated that global municipal solid waste generation would likely reach 2.68 billion tons by 2030, 3.229 billion tons by 2040, and 3.782 billion tons by 2050. Consequently, the escalating importance of waste management fuels growth in the recycling equipment market.
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Which Key Market Leaders Are Driving Recycling Equipment Industry Growth?
Major companies operating in the recycling equipment marker are Metso, Danieli Centro Recycling, TOMRA Sorting ASA, Wastequip, Vecoplan AG, Shred-Tech, BHS-Sonthofen GmbH, Machinex Industries Inc., Stadler Anlagenbau GmbH, CP Manufacturing Inc., Marathon Equipment, General Kinematics Corporation, WEIMA Maschinenbau GmbH, Komar Industries Inc., Bollegraaf Recycling Solutions, Lindner Recyclingtech, Kiverco Limited, Eldan Recycling A/S, Granutech-Saturn Systems, Green Machine LLC, Suny Group, American Baler Company, Presona AB, ZERMA Machinery & Recycling Technology, Recycling Equipment Manufacturing Inc
What Are the Emerging Trends in the Recycling Equipment Industry?
Several major corporations that are active in the recycling equipment industry are focusing on the creation of innovative products like standardized recycling machinery in order to improve efficiency, decrease costs, and address the increasing need for rapid recycling solutions in the post-consumer recycling industry. These standardized recycling machines are pre-configured, instantly accessible devices engineered to process numerous recyclable materials efficiently, negating the need for custom design and thereby facilitating instant implementation in recycling operations. For instance, in October 2022, Austrian firm UMAC (part of the EREMA Group) - known for its unique standardized recycling machine, introduced READYMAC into the market. It's a standardized recycling unit, created for diverse uses within the post-consumer recycling industry, that permits rapid implementation without requiring custom setups. It has the ability to process a variety of materials, including minimally contaminated waste, up to 450 kilograms per hour. READYMAC, which is built on reliable technology, delivers trustworthy performance and exceptional value to clients seeking competent recycling solutions.
What Are the Main Segments in the Recycling Equipment Market?
The recycling equipmentmarket covered in this report is segmented -
1) By Equipment: Baler Press, Shredders, Granulators, Agglomerators, Shears, Separators, Extruders, Other Equipment
2) By Processed Material: Metal, Plastic, Construction Waste, Paper, Rubber, Other Processed Materials
3) By Application: Municipal Solid Waste Recycling, Commercial And Industrial Waste, Metals Separation And Recycling, E-Waste Recycling, Transfer Station Recycling
Subsegments:
1) By Baler Press: Horizontal Baler, Vertical Baler, Manual Baler, Automated Baler
2) By Shredders: Single-Shaft Shredders, Dual-Shaft Shredders, Four-Shaft Shredders, High-Speed Shredders
3) By Granulators: High-Speed Granulators, Slow-Speed Granulators, Wet Granulators, Dry Granulators
4) By Agglomerators: Batch Agglomerators, Continuous Agglomerators, Agglomerating Mills
5) By Shears: Metal Shears, Plastic Shears, Cable Shears
6) By Separators: Magnetic Separators, Eddy Current Separators, Air Separators, Density Separators
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Which Geographic Area Leads the Recycling Equipment Market?
Asia-Pacific was the largest region in the recycling equipment market in 2024. The regions covered in the recycling equipment marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Recycling Equipment Global Market Report?
- Market Size Analysis: Analyze the Recycling Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Recycling Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Recycling Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Recycling Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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