The Global Plastic Recycling Machine Market size is projected to reach USD 5.65 billion by 2030 with the estimated to growth-rate (CAGR) of around 7% during 2024-30.
Global Plastic Recycling Machine Market Driver:
Adoption of Recycled Plastic Products – There is a rising public concern about plastic pollution, which leads to the generation consuming sustainable products and addressing plastic pollution. The inclination towards the utilization of recycled plastic is enhancing the Global Plastic Recycling Machine Market. This will facilitate the connection between the global sustainable goals & waste management objectives. Also, the optimum usage of recycled plastic provides further benefits, such as decreasing the production of new plastic wastes that are dumped directly in landfills, hence aiding in conserving the natural resources present in the environment. Additionally, the production of recycled products requires less energy, which would indirectly save the environment from carbon emissions.
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Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Plastic Recycling Machine Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Type
- Granulators- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Shredders- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Extruders- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Grinders- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Mixers- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Sorters- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Washing Systems- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Drying systems- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Pelletizers- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Others- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- By Technology
- Automatic- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Semi-Automatic- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- By Category
- Single-stage Plastic Recycling Machines- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Two-stage Plastic Recycling Machines- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Multi Stage Plastic Recycling Machines- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- By Application
- Post-Industrial Recycling (PIR) – Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Post-Consumer Recycling (PCR) – Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Improvement Applications- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- By Distribution Channel
- OEMs- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- Aftermarket- Market Size & Forecast 2019-2030, USD Million & Thousand Unit
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Amstar Machinery Co. Ltd., Arlington Machinery, B+B Anlagenbau, Doll Plast Machinery, Vecoplan AG, Beston Machinery Co., Ltd., CP Manufacturing, GENIUS MACHINERY, Hikon India, ICMA San Giorgio SpA, KOWIN, Netplasmak A, Next Generation Recyclingmaschinen GmbH, POLYSTAR MACHINERY CO., LTD., PRM Taiwan, Others
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