All updated as on -
Market Overview:
The market for metal recycling machines is estimated to be over $7.43 billion in 2023 with a CAGR of almost 5.9% from 2024 to 2033 and the market is projected to reach about $14.33 billion by 2033.
Recycling is the process of obtaining non-biodegradable waste or rubbish and transforming it into useful substances. If solid waste has been separated from other forms of scrap, the remaining scrap can be used in recycling. This process is facilitated by technology and recycling equipment. Thanks to cutting-edge gears and machines, recyclers are now able to recycle more varieties like plastic, rubber, wood, glass, fabrics, ferrous metals as well as non-ferrous metals. Recycling technology and equipment are used on scraps such as obsolete electronics, building materials as well as discarded car parts among others so that their size and shape can be reduced further on.
Garbage collection and handling Garbage collection occurs first through curbside pick-up programs, drop-off sites or return/deposit schemes After manufacturing has been completed and materials have been processed further they are sent to either a material recovery facility or a recycling plant. The conversion of processed wastes into usable products is known as manufacturing. Distribution of manufactured goods in the existing market marks the end-point of this operation.Since metals find application across various industries with high sustainability levels and recyclability there arises an urgent need for recycled metals hence metal recycling technologies.Growing consumer awareness on recycling activity,Government waste management programs; demand for recycled materials across different end-use sectors will drive demand upwards.
Global Metal Recycling Machinery Growth Drivers:
Sales of Recycled Scrap Metal Speeding Up Market Expansion The flourishing shipbuilding industry coupled with industrial machinery manufacturing business sector growth have led to a surge in demand for iron and steel products during fabrication processes.Investment towards infrastructure particularly in emerging markets is surging leading towards higher iron and steel consumption rates in the civil construction industry.In that regard, sales of recycled scrap metal are on the rise and are projected to continue along this line throughout the forecast period. In recent years, China’s building and infrastructure sectors have expanded rapidly, resulting in increased demand for iron and steel within the country, therefore raising prices of scrap metals. Key stakeholders prefer the manufacture of iron and steel from scrap metal since it reduces waste production as well as carbon emissions. By doing so, firms become environmentally friendlier while reducing their overall production costs. Demand for recycled metals has risen significantly due to China’s dramatic increase in steel production over the past decade. Due to rising levels of iron output, consumption of scrap is expected to grow even faster in future years.
In the manufacture of new products and technological innovations, other materials are frequently utilized in the electronics and electrical industries. The production of these objects through metal recycling machines has gone a long way into making the production line possible. With a rise in electronic waste, there is also an increased need for devices used to recycle metals. Metal recycling machinery operates with e-waste equipment. New materials are often the first step in the creation of new products and technical improvements in the electronics and electrical sectors. In the current electronics and electrical sector, metal compounds play a major role in the creation of electronics and electrical goods. This is because many PCB waste-based items required for success within their respective companies are produced by metal recycling equipment industry itself. E-waste has led to an increase in demand for metallic recycling equipments.
List of Key Market Players:
Henan Province Sanxing Machinery Co.,Ltd
San Lan Technologies Co.,Ltd
Oregon Environmental Systems (OES)
Zhengzhou Zhengyang Machinery Co., Ltd
Jiangxi Mingxin Metallurgy Equipment Co., Ltd
Pronamic ApS
Yung Hsing Machine Industry Co., Ltd
Seltek Srl
Whltiston Metal Recycling Machines
swissRTec AG
By Type:
Scrap Recycling Machine
Waste Metal Crusher
Electrostatic Separator
PCB Waste Recycling Machine
Others
By Application:
Gold
Silver
Global Segmentation Analysis on Metal Recycling Equipment:
The market for metal recycling equipment is sub-divided into types. For instance, type wise, it is expected that market will be dominated by Waste Metal Crusher during next ten years. Some waste metal crushers can help recycle scrap metals as well as steel slags and other refuse materials. whereas some break metals into small pieces that can be easily separated before getting sold or used by recycling them which adds value to them thus conserving against environmental pollution occasioned by non-biodegradable materials being dumped anyhow into Mother Earth instead of being recycled The most commonly crushed comprises cast iron, mild steel among others ferrous metals.
Global Machinery for Metal Recycling Based on Recent Development:
Bhs-Sonthofen expanded its trial center with regards to its testing midpoint thereby concluding process solutions along with test procedures concerning recyclable technology plant engineering at Sonthofen site (which just underwent modernization on the lines of recycling and environmental technology).
July 2021: To align its concentration on the mining and collection businesses with Ahlström Capital, Metso Outotec has agreed to divide its recycling division incorporating those involving waste recycling activities and metal reusing projects.
Global Metal Recycling Equipment Based on Regional Environment:
The largest market in the world, where the bulk of its revenue is coming from, is projected to be Asia-Pacific during the period of forecasting. The regions having highest resource intensity on earth are those in Asia Pacific both in terms of local metal consumption and global metal footprint. Mergers and acquisitions, integration efforts as well as relocation of sites have all witnessed remarkable rise in this region leading to expansion of this business. Chinese government revised import restrictions on aluminum and copper in January 2021, an action that is expected to spur growth in this market. To limit greenhouse gas emissions through zero waste process electric arc furnaces may be used for manufacturing crude steel instead of more scrap input method the government may want as a result it is considering limiting production by elemental steel making plants which are less wasteful than open hearth ones means like wasting less materials. Perhaps, throughout a forecast period there will likely be significant demand for recycling equipment for metals.
The market for metal recycling machines is estimated to be over $7.43 billion in 2023 with a CAGR of almost 5.9% from 2024 to 2033 and the market is projected to reach about $14.33 billion by 2033.
Recycling is the process of obtaining non-biodegradable waste or rubbish and transforming it into useful substances. If solid waste has been separated from other forms of scrap, the remaining scrap can be used in recycling. This process is facilitated by technology and recycling equipment. Thanks to cutting-edge gears and machines, recyclers are now able to recycle more varieties like plastic, rubber, wood, glass, fabrics, ferrous metals as well as non-ferrous metals. Recycling technology and equipment are used on scraps such as obsolete electronics, building materials as well as discarded car parts among others so that their size and shape can be reduced further on.
Garbage collection and handling Garbage collection occurs first through curbside pick-up programs, drop-off sites or return/deposit schemes After manufacturing has been completed and materials have been processed further they are sent to either a material recovery facility or a recycling plant. The conversion of processed wastes into usable products is known as manufacturing. Distribution of manufactured goods in the existing market marks the end-point of this operation.Since metals find application across various industries with high sustainability levels and recyclability there arises an urgent need for recycled metals hence metal recycling technologies.Growing consumer awareness on recycling activity,Government waste management programs; demand for recycled materials across different end-use sectors will drive demand upwards.
Global Metal Recycling Machinery Growth Drivers:
Sales of Recycled Scrap Metal Speeding Up Market Expansion The flourishing shipbuilding industry coupled with industrial machinery manufacturing business sector growth have led to a surge in demand for iron and steel products during fabrication processes.Investment towards infrastructure particularly in emerging markets is surging leading towards higher iron and steel consumption rates in the civil construction industry.In that regard, sales of recycled scrap metal are on the rise and are projected to continue along this line throughout the forecast period. In recent years, China’s building and infrastructure sectors have expanded rapidly, resulting in increased demand for iron and steel within the country, therefore raising prices of scrap metals. Key stakeholders prefer the manufacture of iron and steel from scrap metal since it reduces waste production as well as carbon emissions. By doing so, firms become environmentally friendlier while reducing their overall production costs. Demand for recycled metals has risen significantly due to China’s dramatic increase in steel production over the past decade. Due to rising levels of iron output, consumption of scrap is expected to grow even faster in future years.
In the manufacture of new products and technological innovations, other materials are frequently utilized in the electronics and electrical industries. The production of these objects through metal recycling machines has gone a long way into making the production line possible. With a rise in electronic waste, there is also an increased need for devices used to recycle metals. Metal recycling machinery operates with e-waste equipment. New materials are often the first step in the creation of new products and technical improvements in the electronics and electrical sectors. In the current electronics and electrical sector, metal compounds play a major role in the creation of electronics and electrical goods. This is because many PCB waste-based items required for success within their respective companies are produced by metal recycling equipment industry itself. E-waste has led to an increase in demand for metallic recycling equipments.
List of Key Market Players:
Henan Province Sanxing Machinery Co.,Ltd
San Lan Technologies Co.,Ltd
Oregon Environmental Systems (OES)
Zhengzhou Zhengyang Machinery Co., Ltd
Jiangxi Mingxin Metallurgy Equipment Co., Ltd
Pronamic ApS
Yung Hsing Machine Industry Co., Ltd
Seltek Srl
Whltiston Metal Recycling Machines
swissRTec AG
By Type:
Scrap Recycling Machine
Waste Metal Crusher
Electrostatic Separator
PCB Waste Recycling Machine
Others
By Application:
Gold
Silver
Global Segmentation Analysis on Metal Recycling Equipment:
The market for metal recycling equipment is sub-divided into types. For instance, type wise, it is expected that market will be dominated by Waste Metal Crusher during next ten years. Some waste metal crushers can help recycle scrap metals as well as steel slags and other refuse materials. whereas some break metals into small pieces that can be easily separated before getting sold or used by recycling them which adds value to them thus conserving against environmental pollution occasioned by non-biodegradable materials being dumped anyhow into Mother Earth instead of being recycled The most commonly crushed comprises cast iron, mild steel among others ferrous metals.
Global Machinery for Metal Recycling Based on Recent Development:
Bhs-Sonthofen expanded its trial center with regards to its testing midpoint thereby concluding process solutions along with test procedures concerning recyclable technology plant engineering at Sonthofen site (which just underwent modernization on the lines of recycling and environmental technology).
July 2021: To align its concentration on the mining and collection businesses with Ahlström Capital, Metso Outotec has agreed to divide its recycling division incorporating those involving waste recycling activities and metal reusing projects.
Global Metal Recycling Equipment Based on Regional Environment:
The largest market in the world, where the bulk of its revenue is coming from, is projected to be Asia-Pacific during the period of forecasting. The regions having highest resource intensity on earth are those in Asia Pacific both in terms of local metal consumption and global metal footprint. Mergers and acquisitions, integration efforts as well as relocation of sites have all witnessed remarkable rise in this region leading to expansion of this business. Chinese government revised import restrictions on aluminum and copper in January 2021, an action that is expected to spur growth in this market. To limit greenhouse gas emissions through zero waste process electric arc furnaces may be used for manufacturing crude steel instead of more scrap input method the government may want as a result it is considering limiting production by elemental steel making plants which are less wasteful than open hearth ones means like wasting less materials. Perhaps, throughout a forecast period there will likely be significant demand for recycling equipment for metals.
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