Scrap Metal Recycling Machinery Market size was valued at USD 4.2 Billion in 2024 and is projected to reach USD 6.8 Billion by 2033, exhibiting a CAGR of 5.5% from 2026 to 2033.
The global scrap metal recycling machinery market was valued at USD 7.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. The increasing demand for recycled metals, along with rising environmental concerns, is driving the adoption of efficient recycling machinery. The markets growth is fueled by the need for sustainable waste management solutions and the growing metal recycling industry. These factors are expected to continue to support market expansion in the coming years, with a strong focus on technological advancements to enhance the efficiency and sustainability of the recycling process.
Regionally, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America held a significant market share of around 25% in 2022, driven by stringent regulations on waste management and high demand for sustainable practices. Europe followed with a share of 22%, spurred by the growing need for effective waste processing technologies and a strong emphasis on circular economy principles. The Asia Pacific region is expected to grow at the highest CAGR of 7.2% from 2023 to 2030, with rapid industrialization and increased recycling initiatives in countries like China and India. Latin America and the Middle East & Africa are also anticipated to see steady growth in the coming years, driven by improving infrastructure and awareness of environmental issues.
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Kiverco
General Kinematics Corporation
Marathon Equipment
American Baler Company
Danieli Centro Recycling
Forrec Srl Recycling Systems
BHS Sonthofen
Metso Corporation
JMC Recycling Ltd.
LEFORT
CP Manufacturing
Inc.
Recycling Equipment Manufacturing
Eldan Recycling A/S
MHM Recycling Equipment
Ceco Equipment Ltd.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Scrap Metal Recycling Machinery Market
Shredders
Granulators
Magnetic separators
Cutting machines
Balers
Ferrous metals
Non-ferrous metals
Precious metals
Other metals (aluminum, copper, brass, etc.)
Manufacturing
Construction
Automotive
Electronics
Shipbuilding
Small-scale recycling facilities
Medium-scale recycling facilities
Large-scale recycling facilities
Mobile recycling units
Automated machinery
Semi-automated machinery
Manual machinery
Smart machinery (IoT enabled)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Scrap Metal Recycling Machinery Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Scrap Metal Recycling Machinery Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Scrap Metal Recycling Machinery Market, By Type
6. Global Scrap Metal Recycling Machinery Market, By Application
7. Global Scrap Metal Recycling Machinery Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Scrap Metal Recycling Machinery Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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