The global scrap metal shredder market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of the market can be attributed to the increasing demand for scrap metal shredding services from various industries such as electronics, building and construction, automotive, shipbuilding and machinery & equipment manufacturing. The demand for scrap metal shredding services is also driven by the need for recycling metals in order to reduce environmental pollution caused by mining activities. The global small-scale scrap metal shredder market is expected to grow at a CAGR of 5% during the forecast period, to reach USD 1 billion by 2030. The growth of this segment can be attributed to its low cost and easy installation process which makes it suitable for small-scale operations such as recycling centers or workshops that require only limited amounts of shredded material on a daily basis. The global large-scale scrap metal shredder market is expected to grow at a CAGR of 4% during the forecast period, reaching USD 2 billion by 2030. This segment has been witnessing significant growth due its high efficiency in terms of production capacity and lower operational costs when compared with other types of machines used in recycling processes such as balers or crushers which are more expensive than shredders due their higher power consumption rates.
Some Of The Growth Factors Of This Market:
- Scrap metal shredders are used to reduce the size of scrap metal before it is recycled.
- The demand for scrap metal shredders is expected to increase as the recycling industry grows and more people become environmentally conscious.
- Scrap metal shredders are also used in the manufacturing process, such as when a company needs to break down an old machine or car for parts that can be reused in new products.
- The cost of scrap metal shredders has been steadily decreasing over time, which has led to increased demand from companies looking for ways to cut costs on their manufacturing processes and save money on recycling efforts by reducing the amount of material they need to process at once.
- As more people become environmentally conscious, there will be an increased demand for scrap metal shredders because they allow companies and individuals alike to recycle materials without having them take up space in landfills or other storage areas where they would otherwise go unused if not recycled.
Industry Growth Insights published a new data on “Scrap Metal Shredders Market”. The research report is titled “Scrap Metal Shredders Market research by Types (Small-Scale Scrap Metal Shredder, Large-Scale Scrap Metal Shredder), By Applications (Electronics, Building & Construction, Automotive, Shipbuilding, Machinery & Equipment Manufacturing, Other), By Players/Companies Metso, SSI Shredding Systems, Untha, WEIMA, Advance Hydrau Tech, BCA Industries, Brentwood, ECO Green Equipment, Ecostan, Granutech-Saturn Systems, Hammermills International, MOCO Maschinen- und Apparatebau, Rapid Granulator, Servo International, Vecoplan”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Scrap Metal Shredders Market Research Report
By Type
Small-Scale Scrap Metal Shredder, Large-Scale Scrap Metal Shredder
By Application
Electronics, Building & Construction, Automotive, Shipbuilding, Machinery & Equipment Manufacturing, Other
By Companies
Metso, SSI Shredding Systems, Untha, WEIMA, Advance Hydrau Tech, BCA Industries, Brentwood, ECO Green Equipment, Ecostan, Granutech-Saturn Systems, Hammermills International, MOCO Maschinen- und Apparatebau, Rapid Granulator, Servo International, 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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Scrap Metal Shredders Market Report Segments:
The global Scrap Metal Shredders market is segmented on the basis of:
Types
Small-Scale Scrap Metal Shredder, Large-Scale Scrap Metal Shredder
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
Electronics, Building & Construction, Automotive, Shipbuilding, Machinery & Equipment Manufacturing, 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:
- Metso
- SSI Shredding Systems
- Untha
- WEIMA
- Advance Hydrau Tech
- BCA Industries
- Brentwood
- ECO Green Equipment
- Ecostan
- Granutech-Saturn Systems
- Hammermills International
- MOCO Maschinen- und Apparatebau
- Rapid Granulator
- Servo International
- Vecoplan
Highlights of The Scrap Metal Shredders 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:
- Small-Scale Scrap Metal Shredder
- Large-Scale Scrap Metal Shredder
- By Application:
- Electronics
- Building & Construction
- Automotive
- Shipbuilding
- Machinery & Equipment Manufacturing
- 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 Scrap Metal Shredders 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?
A scrap metal shredder is a machine that uses blades to cut metal into small pieces. It is often used to recycle metals, which can be reused or sold as new products.
Some of the major players in the scrap metal shredders market are Metso, SSI Shredding Systems, Untha, WEIMA, Advance Hydrau Tech, BCA Industries, Brentwood, ECO Green Equipment, Ecostan, Granutech-Saturn Systems, Hammermills International, MOCO Maschinen- und Apparatebau, Rapid Granulator, Servo International, Vecoplan.
The scrap metal shredders 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. Scrap Metal Shredders 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. Scrap Metal Shredders Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Scrap Metal Shredders Market - Supply Chain
4.5. Global Scrap Metal Shredders Market Forecast
4.5.1. Scrap Metal Shredders Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Scrap Metal Shredders Market Size (000 Units) and Y-o-Y Growth
4.5.3. Scrap Metal Shredders Market Absolute $ Opportunity
5. Global Scrap Metal Shredders 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. Scrap Metal Shredders Market Size and Volume Forecast by Type
5.3.1. Small-Scale Scrap Metal Shredder
5.3.2. Large-Scale Scrap Metal Shredder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Scrap Metal Shredders 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. Scrap Metal Shredders Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Building & Construction
6.3.3. Automotive
6.3.4. Shipbuilding
6.3.5. Machinery & Equipment Manufacturing
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Scrap Metal Shredders 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. Scrap Metal Shredders 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 Scrap Metal Shredders 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. Scrap Metal Shredders 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 Scrap Metal Shredders Demand Share Forecast, 2019-2026
9. North America Scrap Metal Shredders 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 Scrap Metal Shredders 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 Scrap Metal Shredders Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Building & Construction
9.4.3. Automotive
9.4.4. Shipbuilding
9.4.5. Machinery & Equipment Manufacturing
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Scrap Metal Shredders Market Size and Volume Forecast by Type
9.7.1. Small-Scale Scrap Metal Shredder
9.7.2. Large-Scale Scrap Metal Shredder
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 Scrap Metal Shredders Demand Share Forecast, 2019-2026
10. Latin America Scrap Metal Shredders 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 Scrap Metal Shredders 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 Scrap Metal Shredders Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Building & Construction
10.4.3. Automotive
10.4.4. Shipbuilding
10.4.5. Machinery & Equipment Manufacturing
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Scrap Metal Shredders Market Size and Volume Forecast by Type
10.7.1. Small-Scale Scrap Metal Shredder
10.7.2. Large-Scale Scrap Metal Shredder
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 Scrap Metal Shredders Demand Share Forecast, 2019-2026
11. Europe Scrap Metal Shredders 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 Scrap Metal Shredders 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 Scrap Metal Shredders Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Building & Construction
11.4.3. Automotive
11.4.4. Shipbuilding
11.4.5. Machinery & Equipment Manufacturing
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Scrap Metal Shredders Market Size and Volume Forecast by Type
11.7.1. Small-Scale Scrap Metal Shredder
11.7.2. Large-Scale ScrapMetal Shredder
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 Scrap Metal Shredders Demand Share, 2019-2026
12. Asia Pacific Scrap Metal Shredders 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 Scrap Metal Shredders 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 Scrap Metal Shredders Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Building & Construction
12.4.3. Automotive
12.4.4. Shipbuilding
12.4.5. Machinery & Equipment Manufacturing
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Scrap Metal Shredders Market Size and Volume Forecast by Type
12.7.1. Small-Scale Scrap Metal Shredder
12.7.2. Large-Scale Scrap Metal Shredder
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 Scrap Metal Shredders Demand Share, 2019-2026
13. Middle East & Africa Scrap Metal Shredders 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 Scrap Metal Shredders 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 Scrap Metal Shredders Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Building & Construction
13.4.3. Automotive
13.4.4. Shipbuilding
13.4.5. Machinery & Equipment Manufacturing
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Scrap Metal Shredders Market Size and Volume Forecast by Type
13.7.1. Small-Scale Scrap Metal Shredder
13.7.2. Large-Scale Scrap Metal Shredder
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 Scrap Metal Shredders Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Scrap Metal Shredders Market: Market Share Analysis
14.2. Scrap Metal Shredders Distributors and Customers
14.3. Scrap Metal Shredders Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Metso
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SSI Shredding Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Untha
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. WEIMA
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. BCA Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Brentwood
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ECO Green Equipment
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ecostan
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Granutech-Saturn Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hammermills International
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MOCO Maschinen- und Apparatebau
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Rapid Granulator
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Servo International
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Vecoplan
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
14.4.20.3. Developments
14.4.20.4. Strategic Outlook