According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Plastic Recycling Machine Market – Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Global Plastic Recycling Machine Market Analysis and Size
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.
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Some of the major players operating in the Plastic Recycling Machine Market are 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.
Plastic Recycling Machine Market Growth 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 Segment and Geographical Analysis
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
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