Market Overview:
The global metal baler market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for scrap metal from various end-use industries, such as recycling and steel production. In terms of type, the manual balers segment is expected to dominate the global metal baler market during the forecast period, owing to its low cost and easy installation. However, in terms of growth rate, the PLC automatic balers segment is projected to register a higher CAGR than other segments during 2018-2030.
Product Definition:
A metal baler is a piece of machinery used to compress scrap metal into rectangular bales. The importance of a metal baler is that it provides an easy and efficient way to store or ship scrap metal.
Manual:
Manual metal baler is a device used for bailing out or collecting recyclable materials such as tin, aluminum, and steel. It is also known as wheeled scrap baler because it has wheels at the bottom to make transportation easier. The manual metal balers are generally small in size and can be easily moved from one place to another.
PLC Automatic:
Plc automatic is a control system which performs all the tasks automatically. It is used in metal baler for compressing the hay and feeding it to the mow. The system consists of sensors, actuators, drives & motors and controllers which work together harmoniously to perform desired task.
The major advantage of using PLC automatic is that there are no manual operations involved in its functioning; hence it reduces human errors and ensures efficient working of equipment/machine.
Application Insights:
The others application segment includes construction, automotive and other industries. In 2017, the steel mill production accounted for the largest market share in terms of revenue as well as volume. The demand for metal balers is expected to increase at a significant rate owing to its ability to reduce inventory costs by 50%. This factor is likely to drive the product demand in this segment over the forecast period.
Metal recycling was observed as one of the prominent applications across all regions and countries in 2017 due largely to rising environmental concerns regarding disposal practices along with increasing government initiatives aimed at encouraging more recyclable materials into re-use processes. Metal balers have been witnessing growing adoption across various end-use industries including construction, automotive & transportation and others on account of their abilityto reduce waste material by half or more while retaining smaller size chunks that require less processing equipment or manpower compared with other types of balers available in the market place.
Regional Analysis:
Asia Pacific dominated the global metal baler market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to rapid industrialization and urbanization coupled with increasing per capita income in emerging economies such as China and India. In addition, rising demand for consumer goods along with growing automotive industry will drive product demand further.
Europe was valued at USD X million in 2017 and is expected to grow at a significant rate over the forecast period owing to stringent regulations regarding waste management coupled with growing recycling activities across member states of the European Union (EU). Germany emerged as one of Europe’s major recyclers after it stopped using landfills for municipal waste; instead it started recycling its garbage through anaerobic digestion or biogas production which resulted into high demand for metal balers suitable for municipal solid waste treatment applications from other countries including Austria, Belgium, France among others throughout 2018-19 budget year.
Growth Factors:
- Increasing demand from the packaging and recycling industries for metal balers to reduce waste and recycle metals.
- Growing popularity of scrap metal trading as an investment opportunity, which is driving demand for metal balers to process larger quantities of scrap metal.
- Rising prices of metals in global markets are encouraging businesses and consumers to recycle more scrap metals, boosting the market for metal balers.
- Technological advancements that have made modern-day metal balers more efficient and easier to operate are helping to boost sales growth in the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Baler Market Research Report
By Type
Manual, PLC Automatic
By Application
Metal Recycling, Steel Mill Production, Others
By Companies
JMC Recycling Systems Ltd, Metso, Gensco Equipment, Lefort, Shanghai Jiajing Machinery Co., Ltd., Zhengzhou Hengjin Machinery Manufacturing Co., Ltd., Jiangsu Huahong Technology Co., Ltd., Henan Wojiesen Machinery Equipment Co., Ltd., Jiangsu Dalongkai Technology Co., Ltd., Gongyi City Hengtong Machinery Factory
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Metal Baler Market Report Segments:
The global Metal Baler market is segmented on the basis of:
Types
Manual, PLC Automatic
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
Metal Recycling, Steel Mill Production, 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:
- JMC Recycling Systems Ltd
- Metso
- Gensco Equipment
- Lefort
- Shanghai Jiajing Machinery Co., Ltd.
- Zhengzhou Hengjin Machinery Manufacturing Co., Ltd.
- Jiangsu Huahong Technology Co., Ltd.
- Henan Wojiesen Machinery Equipment Co., Ltd.
- Jiangsu Dalongkai Technology Co., Ltd.
- Gongyi City Hengtong Machinery Factory
Highlights of The Metal Baler 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:
- Manual
- PLC Automatic
- By Application:
- Metal Recycling
- Steel Mill Production
- 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 Metal Baler 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
Metal balers are machines that use metal to create a product. They can be used to make products such as wire, cable, and sheets.
Some of the major companies in the metal baler market are JMC Recycling Systems Ltd, Metso, Gensco Equipment, Lefort, Shanghai Jiajing Machinery Co., Ltd., Zhengzhou Hengjin Machinery Manufacturing Co., Ltd., Jiangsu Huahong Technology Co., Ltd., Henan Wojiesen Machinery Equipment Co., Ltd., Jiangsu Dalongkai Technology Co., Ltd., Gongyi City Hengtong Machinery Factory.
The metal baler market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metal Baler Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Metal Baler Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal Baler Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Metal Baler Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Metal Baler Market Size & Forecast, 2020-2028
4.5.1 Metal Baler Market Size and Y-o-Y Growth
4.5.2 Metal Baler Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Manual
5.2.2 PLC Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Metal Recycling
6.2.2 Steel Mill Production
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Baler Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Metal Baler Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Manual
9.6.2 PLC Automatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Metal Recycling
9.10.2 Steel Mill Production
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Manual
10.6.2 PLC Automatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Metal Recycling
10.10.2 Steel Mill Production
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Manual
11.6.2 PLC Automatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Metal Recycling
11.10.2 Steel Mill Production
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Manual
12.6.2 PLC Automatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Metal Recycling
12.10.2 Steel Mill Production
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Manual
13.6.2 PLC Automatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Metal Recycling
13.10.2 Steel Mill Production
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Metal Baler Market: Competitive Dashboard
14.2 Global Metal Baler Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JMC Recycling Systems Ltd
14.3.2 Metso
14.3.3 Gensco Equipment
14.3.4 Lefort
14.3.5 Shanghai Jiajing Machinery Co., Ltd.
14.3.6 Zhengzhou Hengjin Machinery Manufacturing Co., Ltd.
14.3.7 Jiangsu Huahong Technology Co., Ltd.
14.3.8 Henan Wojiesen Machinery Equipment Co., Ltd.
14.3.9 Jiangsu Dalongkai Technology Co., Ltd.
14.3.10 Gongyi City Hengtong Machinery Factory
