Global Resource Circulation Equipment Market Size Study, By Product (Baler Press, Shredders, Shears), By Application (Automotive, Construction, Paper, Electrical & Electronics, Plastic & Polymers, Metal), And Regional Forecasts 2022-2032

Description

The global resource circulation equipment market, valued at USD 28.12 billion in 2023, is poised for substantial growth, projected to achieve a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2024-2032. This market, integral to advanced waste management systems, is driven by stricter environmental regulations worldwide, compelling industries to adopt sustainable practices. The rising volume of waste generated by urbanization and industrialization, especially in emerging economies, has amplified the need for innovative resource circulation equipment.

Resource circulation equipment is essential for the efficient recovery of raw materials, reduction of carbon footprints, and generation of energy from waste. This market spans diverse end-user industries, including automotive, construction, electronics, and oil & gas. With applications ranging from tire recycling to solid waste processing, technological advancements in automated sorting systems and material recovery processes are revolutionizing the efficiency and cost-effectiveness of resource recycling.

The baler press segment dominated in 2023, owing to its pivotal role in compressing recyclable materials like paper, cardboard, and metals. Simultaneously, the separators segment is anticipated to exhibit the fastest growth, bolstered by advancements in separation technologies and increasing regulatory emphasis on waste and water treatment. The application of resource circulation equipment in electrical and electronic waste management held the largest share in 2023, reflecting the growing need to address the environmental challenges posed by e-waste.

Regionally, Asia Pacific emerged as the leading market, commanding 39.9% of the revenue share in 2023. This dominance is attributed to rapid industrialization and urbanization in countries like China, India, and Japan. In addition, the region's manufacturing hubs and favorable government initiatives are propelling market expansion. Europe follows closely, benefiting from stringent environmental policies and high consumer demand for sustainable practices. North America also shows significant potential, driven by technological advancements and robust regulatory frameworks promoting circular economy principles.

Major Market Players Included in This Report Are:

The CP Group
American Baler
Kiverco
General Kinematics
MHM Recycling Equipment
Marathon Equipment
Ceco Equipment Ltd.
Danieli Centro Recycling
ELDAN Recycling
Metso
Suny Group
Forrec Srl Recycling
BHS Sonthofen
LEFORT GROUP

The Detailed Segments and Sub-segments of the Market Are Explained Below:

By Product:

Baler Press
Shredders
Granulators
Agglomerators
Shears
Separators
Extruders
Others

By Application:

Automotive
Construction
Electrical & Electronics
Paper
Plastic & Polymers
Metal
Oil & Gas
Others

By Region:

North America (U.S., Canada, Mexico)
Europe (Germany, UK, France, Italy, Spain)
Asia Pacific (China, Japan, India)
Latin America (Brazil, Argentina)
Middle East and Africa (Saudi Arabia, UAE)

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Resource Circulation Equipment Market Executive Summary

1.1. Global Resource Circulation Equipment Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Resource Circulation Equipment Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Resource Circulation Equipment Market Dynamics

3.1. Market Drivers
- 3.1.1. Adoption of Circular Economy Principles
- 3.1.2. Rising Urbanization and Industrialization
- 3.1.3. Technological Advancements in Recycling Processes
3.2. Market Challenges
- 3.2.1. High Initial Costs of Equipment
- 3.2.2. Complex Waste Segregation Processes
3.3. Market Opportunities
- 3.3.1. Growth in Emerging Economies
- 3.3.2. Increasing Consumer Awareness for Sustainability

Chapter 4. Global Resource Circulation Equipment Market Industry Analysis

4.1. Porter's Five Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Resource Circulation Equipment Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Resource Circulation Equipment Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Baler Press
- 5.2.2. Shredders
- 5.2.3. Granulators
- 5.2.4. Agglomerators
- 5.2.5. Shears
- 5.2.6. Separators
- 5.2.7. Extruders
- 5.2.8. Others

Chapter 6. Global Resource Circulation Equipment Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Resource Circulation Equipment Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Automotive
- 6.2.2. Construction
- 6.2.3. Electrical & Electronics
- 6.2.4. Paper
- 6.2.5. Plastic & Polymers
- 6.2.6. Metal
- 6.2.7. Oil & Gas
- 6.2.8. Others

Chapter 7. Global Resource Circulation Equipment Market Size & Forecasts by Region 2022-2032

7.1. North America Resource Circulation Equipment Market
- 7.1.1. U.S. Resource Circulation Equipment Market
- 7.1.2. Canada Resource Circulation Equipment Market
- 7.1.3. Mexico Resource Circulation Equipment Market
7.2. Europe Resource Circulation Equipment Market
- 7.2.1. UK Resource Circulation Equipment Market
- 7.2.2. Germany Resource Circulation Equipment Market
- 7.2.3. France Resource Circulation Equipment Market
- 7.2.4. Italy Resource Circulation Equipment Market
- 7.2.5. Spain Resource Circulation Equipment Market
- 7.2.6. Rest of Europe Resource Circulation Equipment Market
7.3. Asia Pacific Resource Circulation Equipment Market
- 7.3.1. China Resource Circulation Equipment Market
- 7.3.2. Japan Resource Circulation Equipment Market
- 7.3.3. India Resource Circulation Equipment Market
- 7.3.4. Rest of Asia Pacific Resource Circulation Equipment Market
7.4. Latin America Resource Circulation Equipment Market
- 7.4.1. Brazil Resource Circulation Equipment Market
- 7.4.2. Argentina Resource Circulation Equipment Market
- 7.4.3. Rest of Latin America Resource Circulation Equipment Market
7.5. Middle East & Africa Resource Circulation Equipment Market
- 7.5.1. Saudi Arabia Resource Circulation Equipment Market
- 7.5.2. UAE Resource Circulation Equipment Market
- 7.5.3. Rest of Middle East & Africa Resource Circulation Equipment Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. The CP Group
- 8.1.2. American Baler
- 8.1.3. Metso
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. The CP Group
- 8.3.2. American Baler
- 8.3.3. Kiverco
- 8.3.4. General Kinematics
- 8.3.5. MHM Recycling Equipment
- 8.3.6. Marathon Equipment
- 8.3.7. Ceco Equipment Ltd.
- 8.3.8. Danieli Centro Recycling
- 8.3.9. ELDAN Recycling
- 8.3.10. Suny Group
- 8.3.11. Forrec Srl Recycling
- 8.3.12. BHS Sonthofen
- 8.3.13. LEFORT GROUP

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes