Waste Plastic Granulator Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030.
The global waste plastic granulator market was valued at approximately USD 2.4 billion in 2022, and is projected to reach around USD 3.8 billion by 2027, growing at a compound annual growth rate (CAGR) of 9.8% during the forecast period. This growth is driven by increasing awareness of environmental sustainability and the need for efficient recycling processes to handle the rising volume of plastic waste. The granulators are essential for processing waste plastics into granules that can be reused in manufacturing, thereby reducing plastic pollution and conserving natural resources. The market is witnessing robust expansion due to technological advancements in granulation machinery and supportive governmental policies promoting recycling and waste management.
Emerging opportunities in the market include the growing adoption of waste plastic granulators in developing economies where rapid industrialization is increasing plastic waste generation. Additionally, there is a rising demand for advanced granulators capable of processing diverse types of plastics and enhancing the efficiency of recycling operations. The introduction of innovative features such as automated controls and energy-efficient designs are expected to further drive market growth. The increasing focus on circular economy practices and stricter regulations related to plastic waste management are anticipated to create new avenues for market expansion and technological advancements in the waste plastic granulator sector.
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ZERMA
ACS Group
Rapid Granulator
Bruno Folcieri
Matsui Mfg
Wanner Technik
Herbold Meckesheim
Adler Srl
Summit Systems
WITTMANN
Piovan
Genox
Song Ming
Rotogran
ENMA Granulator
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Waste Plastic Granulator Market
Food and Beverage Industry
Medical Industry
Automotive Industry
Packaging Industry
Other
Based on Types the Market is categorized into Below types that held the largest Waste Plastic Granulator market share In 2023.
Automatic Waste Plastic Granulator
Semi-Automatic Waste Plastic Granulator
Global (United States, Global 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 Waste Plastic Granulator 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 Waste Plastic Granulator Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Waste Plastic Granulator Market, By Type
6. Global Waste Plastic Granulator Market, By Application
7. Global Waste Plastic Granulator Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Waste Plastic Granulator Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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