Learn about the global metal recycling equipment market through The Business Research Company, which provides information on metal recycling equipment market size, metal recycling equipment market drivers and restraints, metal recycling equipment market players, the COVID-19 impact on the metal recycling equipment market, and more.

The global metal recycling equipment market size is expected to grow from $5.83 billion in 2021 to $6.18 billion in 2022 at a compound annual growth rate (CAGR) of 6.08%. The growth in the market is mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global metal recycling market size is expected to reach $7.99 billion in 2026 at a CAGR of 6.62%.

Increasing government regulations on waste management and recycling across the globe are driving the growth of the metal recycling equipment market.

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The metal recycling equipment market consists of sales of metal recycling equipment by entities (organizations, sole traders, and partnerships) used to recycle metals. Metal recycling is the process of removing waste metal, preparing it, and creating new metal material. This recycled metal can be utilised to make metal products, which can then be recycled once used or not needed.

Global Metal Recycling Equipment Market Segments Include:

By Machine Type: Shredders, Briquetting Machines, Shears, Granulating Machines

By Material Type: Metal, Ferrous, Non-Ferrous, Alloys and Composites

By Application: Automotive, Building and Construction, Ship Building, Equipment Manufacturing, Packaging, Consumer Appliances

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the metal recycling equipment market in 2021 and is also expected to be the fastest-growing region in the global metal recycling market during the forecast period.

Continuous research and development is a key trend gaining popularity in the metal recycling equipment market.

TBRC’s metal recycling equipment market report covers:

Major Market Players: Hitachi Construction Machinery Co., Ltd., Metso Corporation, Nucor Corporation, CP Manufacturing Inc., JMC Recycling Systems Ltd, Green Machine Sales LLC, Zato srl, Commercial Metals Company, Aurubis AG, SMIS Metal Management Limited, European Metal Recycling Limited, ArcelorMittal S.A., American Baler Company, Marathon Equipment, and General Kinematics India Pvt Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Metal Recycling Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides metal recycling equipment market overviews, analyzes and forecasts market size, share, metal recycling equipment market players, metal recycling equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s metal recycling equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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