Recycling Equipment & Machinery Market Size & Share 2019 to 2026
Market Size by Machine (Baler Presses, Shredders, Shears, Granulators, Agglomerators, Extruders), by Processed Material (Plastic, Ferrous & Non-Ferrous, Wood Paper & Cardboard, Rubber), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, & Forecast.
Report ID: GMI2789
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Published Date: November 2019
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Report Format: PDF
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Authors:
Kiran Pulidindi, Akshay Prakash
Recycling Equipment & Machinery Market Size
Recycling Equipment & Machinery Market size was valued at over USD 700 million in 2018 and is estimated to exhibit around 6% CAGR from 2019 to 2026.
Recycled materials are extensively utilized by major end-user industries including electrical & electronics, automotive, construction, etc. However, low awareness among consumer in the emerging economies are likely to be a key hindrance for the industry development. Rising concerns over greenhouse gas (GHG) emission along with increasing government efforts in several countries to promote recycling are likely to positively impact the recycled equipment & machinery market development over the coming years.
Recycled metals will shape the automobile industry in the future
Growing consumption of recycled materials in the automotive sector for manufacturing electrical components, body panels, etc. will create the requirement for recycled machines in the coming years. Government initiatives for reducing greenhouse gas emissions in various countries will further create requirement for recycled metals over the projected period. For instance, Ministry of Environment in India have implemented a new draft policy in 2019, which has proposed to achieve 90% recycling rate in the automobile sector. Such initiatives will facilitate the development of more recycling facilities within the country, which will further propel the recycling equipment & machinery demand in future.
Recycled materials usage is trending in many end-user industries
Rising usage of recycled materials in various end-user industries including packaging, building & construction, electrical & electronics, automotive, medical, etc. will propel the recycling equipment & machinery market demand in the forecast timeframe. In electrical & electronics sector, recycled materials are extensively used in the manufacturing of wire & cable insulations, TV cabinets, refrigerator trays/linings, laptop body, kettles, personal computers, cell phones, etc. Similarly, recycled glass is creating new opportunities for the manufacturers of packaging containers and bottles. These trends are likely to further develop recycled equipment & machinery market in the coming years.
Low awareness among consumers in developing countries will prove to be a challenge
Although recycling equipment are gaining popularity, the challenges associated with the product acceptance in emerging economies may hinder the market development over the forecast time period. This is due to conception of consumer towards recycled plastics such as, lack of durability & strength, and contamination, etc. These factors may slow down the recycling equipment & machinery market development in coming years. However, increasing government initiatives and awareness programs related to waste management will create the need for recycled materials in the coming years.
Recycling Equipment & Machinery Market Analysis
Baler press segment is likely to have a significant share of overall market throughout the forecast time period. This is due to large amount of plastic wastes including biodegradable and non-biodegradable materials, that can be recycled into bales using these machines. Further, baler presses are cost effective in compressing waste into bales and also minimize the convenience charges required to transfer the plastic waste.
Shredders will also be growing at a considerable rate in the forecast time period due to its increasing demand for the off-road tire (OTR) sector in the coming years. Proliferating mining sector in major countries including Brazil, India, China, etc. will further propel the industry growth throughout the study period.
Plastics, ferrous & non-ferrous materials, wood, paper, cardboard and rubber are the key materials processed by recycling equipment and machinery. Plastics accounted for more than half of the total share of recycling equipment & machinery market in 2018. Growing concerns over the plastic wastage and environmental degradation are likely to be key driving factor for increasing adoption of these materials. Recycled plastics will capture significant attention, as out of total plastic waste nearly 10% of the plastic waste gets recycled every year around the globe. Increasing government intervention for conservation of landfills in developed countries will drive the market development in the forecast time period.
Ferrous & non-ferrous metals will have the second highest share of the overall industry in the coming years. Increasing urbanization & industrialization across the globe are creating the requirement for more ferrous & non-ferrous materials. Recycling of these materials offer greater advantages including low energy consumption and greenhouse gas emission, which will further drive its consumption in the various end-user industries.
Europe faced increasing concerns over plastic wastage in countries including Germany, UK, and Netherlands. In 2016, European countries collected more than 25 million tons of plastic waste, out of which around 8.5 million tons of plastic was recycled. Plastic packaging waste accounted for more than 60% of share of total plastic waste collected in the same year. New packaging law proposed by the parliament in Germany are likely to reduce the plastic wastage in the coming years.
Asia Pacific will also hold a significant share of the overall industry in the forecast time period. Growing industrialization and increasing plastic waste generation within the region are responsible for the industry growth. China reported around 11% increase in the recycling of plastics and metals in 2017 over the previous year. Moreover, the country has imposed a ban on plastic waste imports all over from the world in order to reduce pollution caused by plastic. These trends are likely to create an opportunity for the development of recycling facilities within other countries of the region, which will further create recycling equipment & machinery market demand in future.
Recycling Equipment & Machinery Market Share
Recycling equipment & machinery market share is highly fragmented with a large number of industry players offering a range of products along with fulfilling custom requirements of the recycling companies. The companies are strategically investing into enhancing their capacities across the globe to meet consumer demand. For instance, in 2018, MTB Recycling planned to expand its manufacturing unit based in France, which will cover additional workshops and office spaces. Some of the key manufacturers in the industry includes:
Recycled Equipment & Machinery Market, Machines by Processed Material
Recycled Equipment & Machinery Market, by Processed Material
The above information is provided on a regional and country basis for the following:
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
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Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
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Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
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Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →