Increasing environmental concerns and government regulations promoting recycling activities are driving the growth of the recycling equipment market. Additionally, the rising adoption of automation and technological advancements in recycling equipment are further boosting market growth.
Industry
Report Coverage | Details |
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Segments Covered | Equipment, Processed Material |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Recycling Equipment Manufacturing, The CP Group, American Baler, Kiverco, General Kinematics, MHM Recycling Equipment, Marathon Equipment, Ceco Equipment. Danieli Centro Recycling, ELDAN Recycling, Metso, Suny Group, Forrec Srl Recycling, BHS Sonthofen, LEFORT GROUP . |
High initial investment costs and lack of awareness among end-users about the benefits of recycling equipment are acting as major restraints for the recycling equipment market. Furthermore, limited infrastructure for recycling facilities in certain regions is also impeding market growth.