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Compost Turning Machine Market Size to Grow at a Steady Rate During Forecast Period ( 2017-2027)

09-14-2017 12:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Compost Turning Machine Market Size to Grow at a Steady Rate

Compost Turning Machines are used to pace up the process of getting compost. To generate effective compost every pile needs a periodic influx of oxygen. Further the process can also be done manually but there are many benefits of using a compost turning machine. As it helps in creating better compost, create larger volumes of compost, improves soil structure and enables recycling of waste. Compost turning machines are required for effective top dressing of yards and golf courses. It significantly helps on construction site in capturing soil and reducing erosion. Further, it benefits a lot in controlling erosion on disturbed areas such as construction sites. In agriculture nicely oxygenated fertilizer or soil conditioner is required, which can be effectively achieved through compost turning machine.

The global compost turning machine market is expected to expand with a decent CAGR over the forecast period.

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Compost Turning Machines Market: Drivers & Restraints

The prime factor boosting the demand for compost turners is the reviving agriculture and construction industry. As farmers, particularly in developing nations become aware about the benefits of compost tuners machines over manual compost turners, the demand from agriculture industry is bound to increase. However, a major segment of this demand is expected to come through renting solutions and pre-owned products. Further, as construction industry across the globe revive, with manufacturing sites located at more and more unsettled soil locations, the need for compost turning machines is anticipated to increase significantly. Soil erosion is a major problem at many sites and filtering water is necessary in all construction sites, fuelling more demand for compost turners.

Compost Turning Machines Market: Market Segmentation

The Compost Turning Machines market is segmented into two parts based on product type, and output capacity:

Based on product type, the Compost Turning Machines market is segmented into:

Drum

Elevating Face

Based on output capacity, the Compost Turning Machines market is segmented into:

< 500 cubic meters per hour

500 – 1000 cubic meter per hour

>1000 cubic meter per hour

Based on end use industry, the Compost Turning Machines market is segmented into:

Construction Industry

Agriculture Industry

Manufacturing Industry

Others

Compost Turning Machines Market: Regional Outlook

Geographically, Compost Turning Machines market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. North America and Asia Pacific Exc. Japan are anticipated to be the global leaders in terms of demand for compost turning machines. This can be primarily attributed to rising agriculture and construction activities in these regions, The Asia Pacific Exc. Japan region, is no doubt being a global leader in rapidly increasing construction activities, across most countries such as India, China and Indonesia. Further, as the farmers in the region become more aware about modern practices regarding composting, and the need to keep it more oxygenated, demand for compost turning machines is anticipated to increase. Western Europe is another prominent region and holds a prominent market share in terms of demand for compost turning machines. The Latin American region, also on the backdrop of largely agriculture dependent economy, and rising construction activities, stands tall in terms demand for compost turning machines. The Middle East and Africa region, remains a niche market for agriculture application based compost turning, but certain countries in GCC region attracts high demand for construction application based compost turning machines. Japan is also a small market in terms of demand for compost turning machines, and growth in the region is expected to remain sluggish throughout the forecast period.

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Compost Turning Machines Market: Key Players

Some of the key players identified in Global Compost Turning Machines market are:-

Vermeer Corporation

Frontier Industrial Corporation

Apollo Equipment

HCL Machine Works

IWK

Sacarab International

Terex Corporation

Traymaster Limited

EYS Metal

Blue Group

EZ Machinery

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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