Market Overview:
The global PET recycling equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about environmental protection and rising demand for recycled PET products. The global PET recycling equipment market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into crusher/shredder, sorting machine, washing equipment, and others. The crusher/shredder segment is expected to dominate the global PET recycling equipment market during the forecast period owing to its ability to process large volumes of waste plastic quickly and efficiently. On the basis of application,the market can be classified into in-house & industrial recycling and post-consumer recycling.
Product Definition:
PET recycling equipment is used to recycle PET plastic materials into new products. The importance of PET recycling equipment is that it helps reduce the amount of plastic waste that ends up in landfills and oceans.
Crusher/Shredder:
Crusher/Shredder is used for crushing and reducing the size of waste material in order to make it suitable for recycling. The growth factor in the market is dependent on municipal Solid Waste Management policies, which can change from place to place. In some places, like India and China, there are a lot of regulations about what can be recycled or not recycled; this will affect the demand as well as supply side of crusher/shredder industry.
Sorting Machine:
A sorting machine is used to separate the recyclable materials from the waste material. The sorting machines are available in different types such as mechanical, magnetic, optical and electromagnetic. These machines have different functions for recycling of plastic bottles, metal cans and paper cups. Optical Sorting Machine: This type of machine uses light waves to sort materials based on their color or size into different containers.
Application Insights:
In-house & industrial recycling dominated the global PET recycling equipment market in 2017, accounting for over 60% of the overall revenue. The segment is expected to continue its dominance over the forecast period owing to various advantages offered including cost and time savings as well as environmental benefits.
The post-consumer segment accounted for a significant share in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 due primarily to growing awareness among consumers regarding product durability coupled with an increase in disposable income levels across various regions globally. Post-Consumer Recycling (CCR) includes activities such as collection, sorting, washing, bleaching and crushing of plastics before they are recycled into plastic resins or fibers using machines specifically designed for that purpose by manufacturers worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population, industrialization, GDP growth rate, urbanization and rising disposable income. These factors are driving the demand for PET recycling equipment in this region. China is one of the largest markets globally owing to high production volume as well as consumption volume of plastic products daily across this country.
North America accounted for a significant revenue share in 2017 due to growing awareness regarding recycling among consumers coupled with stringent government regulations about waste management practices from landfills to dumpsites across U.S.
Growth Factors:
- Increasing demand for recycled PET products
- Rising environmental awareness among consumers
- Stringent government regulations on waste management
- Technological advancements in recycling equipment and processes
- Growing number of PET recyclers and converters
Scope Of The Report
Report Attributes
Report Details
Report Title
PET Recycling Equipment Market Research Report
By Type
Crusher/Shredder, Sorting Machine, Washing Equipment, Others
By Application
In-House & Industrial Recycling, Post-Consumer Recycling
By Companies
EREMA Plastic Recycling, CP Manufacturing, Polystar Machinery, Krones, Sorema, KOWIN, AMUT, ASG Plastic Recycling Machinery, Beier Machinery, Zhangjiagang MG Machinery, Panchal, Zhejiang Boretech, Zhangjiagang Kooen Machinery, Zhangjiagang Cofine Machinery, Tecnofer, Vecoplan
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global PET Recycling Equipment Market Report Segments:
The global PET Recycling Equipment market is segmented on the basis of:
Types
Crusher/Shredder, Sorting Machine, Washing Equipment, Others
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
In-House & Industrial Recycling, Post-Consumer Recycling
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:
- EREMA Plastic Recycling
- CP Manufacturing
- Polystar Machinery
- Krones
- Sorema
- KOWIN
- AMUT
- ASG Plastic Recycling Machinery
- Beier Machinery
- Zhangjiagang MG Machinery
- Panchal
- Zhejiang Boretech
- Zhangjiagang Kooen Machinery
- Zhangjiagang Cofine Machinery
- Tecnofer
- Vecoplan
Highlights of The PET 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:
- Crusher/Shredder
- Sorting Machine
- Washing Equipment
- Others
- By Application:
- In-House & Industrial Recycling
- Post-Consumer Recycling
- 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 PET 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.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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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?
PET recycling equipment is a machine that breaks down PET plastic into small pieces so it can be reused.
Some of the key players operating in the pet recycling equipment market are EREMA Plastic Recycling, CP Manufacturing, Polystar Machinery, Krones, Sorema, KOWIN, AMUT, ASG Plastic Recycling Machinery, Beier Machinery, Zhangjiagang MG Machinery, Panchal, Zhejiang Boretech, Zhangjiagang Kooen Machinery, Zhangjiagang Cofine Machinery, Tecnofer, Vecoplan.
The pet recycling equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PET 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. PET 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. PET Recycling Equipment Market - Supply Chain
4.5. Global PET Recycling Equipment Market Forecast
4.5.1. PET Recycling Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PET Recycling Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. PET Recycling Equipment Market Absolute $ Opportunity
5. Global PET 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. PET Recycling Equipment Market Size and Volume Forecast by Type
5.3.1. Crusher/Shredder
5.3.2. Sorting Machine
5.3.3. Washing Equipment
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PET 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. PET Recycling Equipment Market Size and Volume Forecast by Application
6.3.1. In-House & Industrial Recycling
6.3.2. Post-Consumer Recycling
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PET 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. PET 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 PET 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. PET 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 PET Recycling Equipment Demand Share Forecast, 2019-2026
9. North America PET 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 PET 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 PET Recycling Equipment Market Size and Volume Forecast by Application
9.4.1. In-House & Industrial Recycling
9.4.2. Post-Consumer Recycling
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PET Recycling Equipment Market Size and Volume Forecast by Type
9.7.1. Crusher/Shredder
9.7.2. Sorting Machine
9.7.3. Washing Equipment
9.7.4. Others
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 PET Recycling Equipment Demand Share Forecast, 2019-2026
10. Latin America PET 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 PET 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 PET Recycling Equipment Market Size and Volume Forecast by Application
10.4.1. In-House & Industrial Recycling
10.4.2. Post-Consumer Recycling
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PET Recycling Equipment Market Size and Volume Forecast by Type
10.7.1. Crusher/Shredder
10.7.2. Sorting Machine
10.7.3. Washing Equipment
10.7.4. Others
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 PET Recycling Equipment Demand Share Forecast, 2019-2026
11. Europe PET 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 PET 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 PET Recycling Equipment Market Size and Volume Forecast by Application
11.4.1. In-House & Industrial Recycling
11.4.2. Post-Consumer Recycling
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PET Recycling Equipment Market Size and Volume Forecast by Type
11.7.1. Crusher/Shredder
11.7.2. Sorting Machine
11.7.3. Washing Equipment
11.7.4. Others
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 PET Recycling Equipment Demand Share, 2019-2026
12. Asia Pacific PET 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 PET 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 PET Recycling Equipment Market Size and Volume Forecast by Application
12.4.1. In-House & Industrial Recycling
12.4.2. Post-Consumer Recycling
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PET Recycling Equipment Market Size and Volume Forecast by Type
12.7.1. Crusher/Shredder
12.7.2. Sorting Machine
12.7.3. Washing Equipment
12.7.4. Others
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 PET Recycling Equipment Demand Share, 2019-2026
13. Middle East & Africa PET 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 PET 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 PET Recycling Equipment Market Size and Volume Forecast by Application
13.4.1. In-House & Industrial Recycling
13.4.2. Post-Consumer Recycling
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PET Recycling Equipment Market Size and Volume Forecast by Type
13.7.1. Crusher/Shredder
13.7.2. Sorting Machine
13.7.3. Washing Equipment
13.7.4. Others
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 PET Recycling Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PET Recycling Equipment Market: Market Share Analysis
14.2. PET Recycling Equipment Distributors and Customers
14.3. PET Recycling Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EREMA Plastic Recycling
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CP Manufacturing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Polystar 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. Krones
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sorema
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KOWIN
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AMUT
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ASG Plastic Recycling Machinery
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Beier Machinery
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zhangjiagang MG Machinery
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Panchal
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhejiang Boretech
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhangjiagang Kooen Machinery
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zhangjiagang Cofine Machinery
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tecnofer
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Vecoplan
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
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
