The global ferrous metal recycling equipment market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The market is driven by the increasing demand for recycled metals in various industries such as building and construction, automotive and shipbuilding, equipment manufacturing, consumer appliances and packaging. The increasing demand for recycled metals has led to an increase in the number of recycling plants across the globe which has resulted in an increased need for ferrous metal recycling equipment such as sorting systems, metal shredders, briquetting machines and granulating machines.
The global ferrous metal recycling equipment market is segmented on the basis of type into sorting systems, metal shredders, briquetting machines and granulating machines; on the basis of application into building & construction (B&C), automotive & shipbuilding (A&S), equipment manufacturing (EM), consumer appliances (CA) and packaging (P); on the basis of region into North America (NA), Latin America (LA), Europe(EU), Asia Pacific(APAC)and Middle East & Africa(MEA).
Some Of The Growth Factors Of This Market:
- The increasing demand for steel and other ferrous metals is driving the growth of the ferrous metal recycling equipment market.
- The increasing awareness about environmental issues is also driving the growth of this market.
- The growing need to reduce carbon emissions is also a major factor that will drive the growth of this market in future years.
- Increasing population and urbanization are also factors that will drive the growth of this market in future years as more people are living in cities, which leads to increased consumption of steel and other ferrous metals, thereby leading to an increase in demand for recycling equipment for these materials as well as an increase in demand for scrap metal from these materials, which can be recycled into new products or reused again by manufacturers or consumers; both scenarios lead to an increase in demand for recycling equipment such as shredders, shears, balers etc, which are used during various stages of recycling process such as cutting scrap metal into small pieces before it enters a furnace or shredding paper before it enters a furnace etc, thereby leading to an increase in sales revenue from these types of equipment over time due to increased usage rates over time due to increased usage rates over time due to increased usage rates over time due to increased usage rates over time due to increased usage rates over time due to increased usage rates over time due t.
Industry Growth Insights published a new data on “Ferrous Metal Recycling Equipment Market”. The research report is titled “Ferrous Metal Recycling Equipment Market research by Types (Sorting Systems, Metal Shredders, Briquetting Machines, Granulating Machines, Other), By Applications (Building & Construction, Automotive & Shipbuilding, Equipment Manufacturing, Consumer Appliances, Packaging, Others), By Players/Companies ZB GROUP, Metso, Hitachi Construction Machinery, JMC Recycling Systems, Advance Hydrau Tech, Recycling Equipment Manufacturing, Iron Ax, B&H INDUSTRIAL, MSS, Inc., LEFORT, Green Machine”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ferrous Metal Recycling Equipment Market Research Report
By Type
Sorting Systems, Metal Shredders, Briquetting Machines, Granulating Machines, Other
By Application
Building & Construction, Automotive & Shipbuilding, Equipment Manufacturing, Consumer Appliances, Packaging, Others
By Companies
ZB GROUP, Metso, Hitachi Construction Machinery, JMC Recycling Systems, Advance Hydrau Tech, Recycling Equipment Manufacturing, Iron Ax, B&H INDUSTRIAL, MSS, Inc., LEFORT, Green Machine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Ferrous Metal Recycling Equipment Market Report Segments:
The global Ferrous Metal Recycling Equipment market is segmented on the basis of:
Types
Sorting Systems, Metal Shredders, Briquetting Machines, Granulating Machines, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Construction, Automotive & Shipbuilding, Equipment Manufacturing, Consumer Appliances, Packaging, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ZB GROUP
- Metso
- Hitachi Construction Machinery
- JMC Recycling Systems
- Advance Hydrau Tech
- Recycling Equipment Manufacturing
- Iron Ax
- B&H INDUSTRIAL
- MSS, Inc.
- LEFORT
- Green Machine
Highlights of The Ferrous Metal Recycling Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sorting Systems
- Metal Shredders
- Briquetting Machines
- Granulating Machines
- Other
- By Application:
- Building & Construction
- Automotive & Shipbuilding
- Equipment Manufacturing
- Consumer Appliances
- Packaging
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ferrous Metal Recycling Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ferrous metal recycling equipment is used to recycle iron and steel. This equipment includes a furnace, an arc furnace, and a magnetic separator.
Some of the key players operating in the ferrous metal recycling equipment market are ZB GROUP, Metso, Hitachi Construction Machinery, JMC Recycling Systems, Advance Hydrau Tech, Recycling Equipment Manufacturing, Iron Ax, B&H INDUSTRIAL, MSS, Inc., LEFORT, Green Machine.
The ferrous metal recycling equipment market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ferrous Metal Recycling Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ferrous Metal Recycling Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ferrous Metal Recycling Equipment Market - Supply Chain
4.5. Global Ferrous Metal Recycling Equipment Market Forecast
4.5.1. Ferrous Metal Recycling Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ferrous Metal Recycling Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ferrous Metal Recycling Equipment Market Absolute $ Opportunity
5. Global Ferrous Metal Recycling Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Type
5.3.1. Sorting Systems
5.3.2. Metal Shredders
5.3.3. Briquetting Machines
5.3.4. Granulating Machines
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ferrous Metal Recycling Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Automotive & Shipbuilding
6.3.3. Equipment Manufacturing
6.3.4. Consumer Appliances
6.3.5. Packaging
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ferrous Metal Recycling Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ferrous Metal Recycling Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ferrous Metal Recycling Equipment Demand Share Forecast, 2019-2026
9. North America Ferrous Metal Recycling Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Automotive & Shipbuilding
9.4.3. Equipment Manufacturing
9.4.4. Consumer Appliances
9.4.5. Packaging
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Type
9.7.1. Sorting Systems
9.7.2. Metal Shredders
9.7.3. Briquetting Machines
9.7.4. Granulating Machines
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ferrous Metal Recycling Equipment Demand Share Forecast, 2019-2026
10. Latin America Ferrous Metal Recycling Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Automotive & Shipbuilding
10.4.3. Equipment Manufacturing
10.4.4. Consumer Appliances
10.4.5. Packaging
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Type
10.7.1. Sorting Systems
10.7.2. Metal Shredders
10.7.3. Briquetting Machines
10.7.4. Granulating Machines
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ferrous Metal Recycling Equipment Demand Share Forecast, 2019-2026
11. Europe Ferrous Metal Recycling Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Automotive & Shipbuilding
11.4.3. Equipment Manufacturing
11.4.4. Consumer Appliances
11.4.5. Packaging
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ferrous Metal Recycling Equipment Marke Size and Volume Forecast by Type
11.7.1. Sorting Systems
11.7.2. Metal Shredders
11.7.3. Briquetting Machines
11.7.4. Granulating Machines
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ferrous Metal Recycling Equipment Demand Share, 2019-2026
12. Asia Pacific Ferrous Metal Recycling Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Automotive & Shipbuilding
12.4.3. Equipment Manufacturing
12.4.4. Consumer Appliances
12.4.5. Packaging
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Type
12.7.1. Sorting Systems
12.7.2. Metal Shredders
12.7.3. Briquetting Machines
12.7.4. Granulating Machines
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ferrous Metal Recycling Equipment Demand Share, 2019-2026
13. Middle East & Africa Ferrous Metal Recycling Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Automotive & Shipbuilding
13.4.3. Equipment Manufacturing
13.4.4. Consumer Appliances
13.4.5. Packaging
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ferrous Metal Recycling Equipment Market Size and Volume Forecast by Type
13.7.1. Sorting Systems
13.7.2. Metal Shredders
13.7.3. Briquetting Machines
13.7.4. Granulating Machines
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ferrous Metal Recycling Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ferrous Metal Recycling Equipment Market: Market Share Analysis
14.2. Ferrous Metal Recycling Equipment Distributors and Customers
14.3. Ferrous Metal Recycling Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ZB GROUP
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Metso
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hitachi Construction Machinery
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. JMC Recycling Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Advance Hydrau Tech
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Recycling Equipment Manufacturing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Iron Ax
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. B&H INDUSTRIAL
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MSS, Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LEFORT
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Green Machine
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
