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Recycling Equipment Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Recycling Equipment
What Is the Current Recycling Equipment Market Size and Its Estimated Growth Rate?
The recycling equipment market size will grow from $27.52 billion in 2024 to $29.36 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The historic growth is attributed to government regulations, landfill space limitations, growing urbanization, rising industrialization, and increasing waste generation.
The recycling equipment market size is projected to reach $37.72 billion by 2029, growing at a CAGR of 6.5%. Growth is driven by circular economy initiatives, stricter waste management laws, and e-waste proliferation. Major trends include automation in recycling, decentralized recycling facilities, and blockchain for transparency.
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How Are Emerging Segments Shaping the Recycling Equipment Market Landscape?
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 Growth Factors Are Influencing Recycling Equipment Market Expansion?
The increasing importance of waste management is expected to propel the growth of the recycling equipment market. The growing focus on environmental sustainability, stricter regulations, urbanization, and technological advancements are driving the need for better waste management. Recycling equipment plays a crucial role in managing waste by facilitating the separation, processing, and transformation of recyclable materials. According to the United Nations Environment Programme's 2024 Global Waste Management Outlook, global municipal solid waste generation is expected to rise significantly by 2050. Therefore, the growing emphasis on waste management is fueling the recycling equipment market.
Who Are the Dominant Players Across Different Recycling Equipment Market Segments?
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 Trends Are Driving Growth in The Recycling Equipment Market?
Leading companies in the recycling equipment market are concentrating on creating advanced products such as standardized recycling machines to increase efficiency, lower costs, and meet the increasing need for fast recycling solutions in the post-consumer recycling sector. These standardized machines are pre-configured, readily available units capable of processing various recyclable materials effectively without custom design, allowing for swift deployment in recycling operations. For example, in October 2022, UMAC (EREMA Group), an Austrian firm, launched READYMAC, a standardized recycling machine for post-consumer recycling. READYMAC processes a variety of materials, including lightly contaminated waste, and has a throughput capacity of up to 450 kilograms per hour, offering reliable performance and good value for customers looking for efficient solutions.
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Which Geographic Regions Are Expected to Dominate the Recycling Equipment Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Recycling Equipment Market?
2. What is the CAGR expected in the Recycling Equipment Market?
3. What Are the Key Innovations Transforming the Recycling Equipment Industry?
4. Which Region Is Leading the Recycling Equipment Market?
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