Market Overview:
The global plastic recycling equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of recycling plastic waste and the rising demand for recycled plastics across various applications. The global plastic 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 plastic shredders, plastic sorters, and others. The shredders segment is expected to account for a major share of the global market due to their ability to process large volumes of waste quickly and efficiently. On the basis of application, PET recycling is expected to account for a major share ofthe globalmarket duetoits growing popularity as a sustainable packaging material across various industries.
Product Definition:
Plastic recycling equipment is used to recycle plastic materials into new products. Recycling reduces the amount of waste sent to landfills and helps conserve natural resources. Plastic recycling equipment is important for reducing environmental pollution and conserving energy.
Plastic Shredders:
Plastic shredders are used to reduce plastic waste and its by-products into very fine pieces, which are less than a mm in size. The equipment is available in different types such as horizontal shaft design, vertical shaft design and single shaft design.
The global market for plastic shredders is expected to witness significant growth over the forecast period owing to increasing demand from various end-use industries including packaging, automotive & transportation and consumer goods among others.
Plastic Sorters:
Plastic sorters and it's usage in the plastic recycling equipment market is a device used to sort different types of plastic waste. It helps in breaking down the mixed plastics into their respective components such as PE, PET, PP, PS, PVC and others. The sorting process is done by various mechanical devices or manually by human hands depending on the volume of waste being processed at any particular time.
Application Insights:
The PET recycling segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growing packaging industry, particularly in developing countries such as India and China, is expected to drive demand for plastic recycling equipment over the forecast period.
PET bottles are easily recyclable owing to their thin wall structure; however, they are expensive to produce so manufacturers usually use a high percentage of recycled materials (PET) when manufacturing bottles for sale & distribution in developed economies such as North America and Europe. This has resulted in a high demand for plastic recycling equipment that can sort PET from other plastics during collection processes.
Regional Analysis:
Asia Pacific dominated the global market in 2017. Asia Pacific is a major exporter of plastic recycling equipment and has been observed to be one of the fastest-growing markets for plastic recyclers globally. The presence of large population, increasing urbanization, rapid industrialization and growing awareness about environmental protection are some key factors responsible for driving demand from Asia Pacific region.
The European market is anticipated to grow at a significant rate over the forecast period owing to stringent regulations regarding waste management in countries such as Germany, France, Italy and U.K.
Growth Factors:
- Increasing awareness about the benefits of recycling plastic and its impact on the environment is driving the demand for plastic recycling equipment.
- The growing popularity of eco-friendly or green products is also contributing to the growth of this market.
- Rapid urbanization and industrialization are leading to an increase in waste generation, which is fueling demand for plastic recycling equipment.
- Stringent government regulations aimed at reducing environmental pollution are promoting the use of recycled plastics, thereby propelling demand for plastic recycling equipment.
- Technological advancements that make it easier to recycle different types of plastics are providing a boost to this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Recycling Equipment Market Research Report
By Type
Plastic Shredders, Plastic Sorters, Others
By Application
PET Recycling, PVC Recycling, Other
By Companies
GENIUS MACHINERY, Polystar Machinery, Vecoplan, KOWIN, Munchy, Doll Plast, B+B Anlagenbau, Matila, BENK Machine, NGR, Atlas, Mooge Machinery, Jordan Reduction Solutions, SASCO, Sortdek, CP Manufacturing, Meyer Sorter
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Recycling Equipment Market Report Segments:
The global Plastic Recycling Equipment market is segmented on the basis of:
Types
Plastic Shredders, Plastic Sorters, 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
PET Recycling, PVC Recycling, Other
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:
- GENIUS MACHINERY
- Polystar Machinery
- Vecoplan
- KOWIN
- Munchy
- Doll Plast
- B+B Anlagenbau
- Matila
- BENK Machine
- NGR
- Atlas
- Mooge Machinery
- Jordan Reduction Solutions
- SASCO
- Sortdek
- CP Manufacturing
- Meyer Sorter
Highlights of The Plastic 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:
- Plastic Shredders
- Plastic Sorters
- Others
- By Application:
- PET Recycling
- PVC Recycling
- Other
- 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 Plastic 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
- Market Entry Strategies
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- Consumer Insights
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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?
Plastic recycling equipment is a machine that breaks down plastic into small pieces so it can be reused.
Some of the major players in the plastic recycling equipment market are GENIUS MACHINERY, Polystar Machinery, Vecoplan, KOWIN, Munchy, Doll Plast, B+B Anlagenbau, Matila, BENK Machine, NGR, Atlas, Mooge Machinery, Jordan Reduction Solutions, SASCO, Sortdek, CP Manufacturing, Meyer Sorter.
The plastic recycling equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic 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. Plastic 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. Plastic Recycling Equipment Market - Supply Chain
4.5. Global Plastic Recycling Equipment Market Forecast
4.5.1. Plastic Recycling Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Recycling Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plastic Recycling Equipment Market Absolute $ Opportunity
5. Global Plastic 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. Plastic Recycling Equipment Market Size and Volume Forecast by Type
5.3.1. Plastic Shredders
5.3.2. Plastic Sorters
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plastic 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. Plastic Recycling Equipment Market Size and Volume Forecast by Application
6.3.1. PET Recycling
6.3.2. PVC Recycling
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plastic 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. Plastic 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 Plastic 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. Plastic 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 Plastic Recycling Equipment Demand Share Forecast, 2019-2026
9. North America Plastic 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 Plastic 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 Plastic Recycling Equipment Market Size and Volume Forecast by Application
9.4.1. PET Recycling
9.4.2. PVC Recycling
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plastic Recycling Equipment Market Size and Volume Forecast by Type
9.7.1. Plastic Shredders
9.7.2. Plastic Sorters
9.7.3. 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 Plastic Recycling Equipment Demand Share Forecast, 2019-2026
10. Latin America Plastic 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 Plastic 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 Plastic Recycling Equipment Market Size and Volume Forecast by Application
10.4.1. PET Recycling
10.4.2. PVC Recycling
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plastic Recycling Equipment Market Size and Volume Forecast by Type
10.7.1. Plastic Shredders
10.7.2. Plastic Sorters
10.7.3. 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 Plastic Recycling Equipment Demand Share Forecast, 2019-2026
11. Europe Plastic 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 Plastic 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 Plastic Recycling Equipment Market Size and Volume Forecast by Application
11.4.1. PET Recycling
11.4.2. PVC Recycling
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plastic Recycling Equipment Market Size and Volume Forecast by Type
11.7.1. Plastic Shredders
11.7.2. Plastic Sorters
11.7.3. 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 Plastic Recycling Equipment Demand Share, 2019-2026
12. Asia Pacific Plastic 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 Plastic 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 Plastic Recycling Equipment Market Size and Volume Forecast by Application
12.4.1. PET Recycling
12.4.2. PVC Recycling
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plastic Recycling Equipment Market Size and Volume Forecast by Type
12.7.1. Plastic Shredders
12.7.2. Plastic Sorters
12.7.3. 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 Plastic Recycling Equipment Demand Share, 2019-2026
13. Middle East & Africa Plastic 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 Plastic 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 Plastic Recycling Equipment Market Size and Volume Forecast by Application
13.4.1. PET Recycling
13.4.2. PVC Recycling
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plastic Recycling Equipment Market Size and Volume Forecast by Type
13.7.1. Plastic Shredders
13.7.2. Plastic Sorters
13.7.3. 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 Plastic Recycling Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plastic Recycling Equipment Market: Market Share Analysis
14.2. Plastic Recycling Equipment Distributors and Customers
14.3. Plastic Recycling Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GENIUS MACHINERY
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Polystar Machinery
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vecoplan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KOWIN
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Munchy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Doll Plast
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. B+B Anlagenbau
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Matila
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BENK Machine
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NGR
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Atlas
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mooge Machinery
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jordan Reduction Solutions
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SASCO
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sortdek
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CP Manufacturing
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Meyer Sorter
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
