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Plastic Recycling Machine Market
Plastic Recycling Machine Market
Plastic Recycling Machine Market Share, Size, Trends, Industry Analysis Report, by Machine Type, By Technology, By Distribution Channel, By Application, By End User By Region- Global Opportunity Analysis and Industrial Forecast- 2022-2030
Plastic Recycling Machine Market Overview
Plastic recycling is the method of improving scrap plastic & processing it into useful products. Plastic is a non-biodegradable product. About 80 lakh tons of plastic is dumped into oceans each year. A plastic recycling machine is aimed to process different types of waste plastic with PVC, PE, PET, PP, & others. New plastic machines can process any type of plastic such as hard, bulky, tear-resistant weaves, fibres, & foamed material. Earlier, these machines could only give byproducts & leftovers at the early stage of plastic fabrication. Nowadays, they can process varied post-consumer goods as well. The approaches employed for recycling varies with the type of plastic being processed. The packaging industry is the major user of plastic & is estimated to remain dominant during the forecast period. Rising number of customers is boosting the packaging industry, eventually encouraging the demand for plastic. A subset of the larger waste recycling sector is the market for plastic recycling equipment. It entails the creation and distribution of tools and apparatus for the treatment and recycling of various plastic waste materials. The market is essential in tackling environmental issues like plastic waste and the rising need for recycled plastics across a range of industries. A growing segment of the larger waste management and recycling market is the plastic recycling machine market. It includes the making and distributing of tools and technology used to break down and create items made of recycled and reusable plastic from various sorts of plastic waste. Environmental issues, government regulations, and an increase in the demand for recycled plastics across a number of industries are the main factors driving the market.
Plastic Recycling Machine Market Growth
The use of recycling methods has been prompted by the rising global concern over plastic pollution and its detrimental effects on the environment. Sustainability is becoming a higher priority for consumers, companies, and governments, which is fostering a positive market climate for plastic recycling equipment. Globally, governments have implemented strict laws and guidelines to cut down on plastic waste and encourage recycling. Laws governing extended producer responsibility (EPR), recycling goals, and limitations on single-use plastics are a few of these policies. Incentives for recycling programs and investments in recycling equipment are clearly provided through regulatory assistance. The transition to a circular economy, where resources are reused, recycled, and repurposed, has gained traction. As industries look for sustainable sourcing and waste reduction, plastic recycling is a crucial part of this transformation and fuels market growth. Recycled plastics are being utilized more frequently in a variety of industries, such as packaging, automotive, construction, and consumer goods. In order to process and deliver high-quality recycled plastics, there is a growing need for recycled materials, which increases the requirement for effective recycling equipment. Equipment for recycling plastics is now more effective and automated thanks to ongoing technological advancements. Modern equipment boosts productivity, reduce energy consumption, and can work with different kinds of plastic, which helps the industry expand. Recycled plastics are now more economically advantageous for companies due to the rising costs of virgin plastic components. This cost-effectiveness promotes the use of recycled materials and increases demand for recycling equipment. Eco-friendly goods and sustainable packaging are becoming more popular among consumers. As a result of this development, businesses are using recycled plastic in their products, increasing demand for recycling equipment. Due to governmental support, growing demand for sustainable materials, and environmental concerns, the plastic recycling machine market is expected to expand. However, in order for market participants to take advantage of the benefits brought about by the transition to a circular economy and increasing sustainability initiatives, it is still necessary to solve issues like high starting costs and the complexity of plastics.
Plastic Recycling Machine Market Covid 19 Impact
Global supply chains were hampered by the epidemic, which caused delays in the manufacture and delivery of plastic recycling equipment. International trade restrictions and shipping issues made it difficult for manufacturers to source parts and machinery. During the epidemic, many firms, particularly smaller ones, experienced financial difficulties, which caused them to cut back on capital expenditures. This has an effect on the expenditure for new recycling tools and machines. Manufacturing facilities and recycling plants had to temporarily close as a result of lockdowns and limitations in different areas. This had an impact on the creation and upkeep of recycling equipment. During the epidemic, the patterns of plastic trash generation and composition changed. Changes in the kinds of plastics that need recycling resulted from an increase in the use of single-use materials, such as PPE (personal protective equipment) and takeout food packaging. The effect of COVID-19 on the plastic recycling machine market varied by location and based on elements like the length and intensity of lockdowns, the extent of government support, and the particular industry sectors catered to by recycling machinery makers.
Plastic Recycling Machine Market Restraints
The high cost of these devices severely restricts the global market for plastic recycling equipment. These machines are expensive for a number of reasons, including the high cost of raw materials, the complexity of the innovation, and the cost of manufacturing and shipping. Plastic recycling equipment is expensive for a variety of reasons, including expensive raw materials Steel and electronics, two building blocks required to construct plastic recycling devices, can be pricey. Technology's complexity To process and separate various types of plastic, plastic recycling machines need sophisticated technology, which can be difficult and expensive to design and maintain. low scale economies Compared to other industries, the market for plastic recycling equipment is quite modest. industrial equipment, which may have greater costs as a result of lower economies of scale. Costly manufacture and delivery Due to their specialized nature and the requirement for quality control, plastic recycling machines can be costly to produce and transport.
Plastic Recycling Machine Market Report Scope
|
Segmentation of the Plastic Recycling Machine Market,2021 – 2028 |
|
|
By Machine Type |
Extrusion Machines Injection Molding Machines Blow Molding Machines Shredding and Grinding Machines |
|
By Technology |
Mechanical Recycling Chemical Recycling Advanced Sorting and Separation Technologies |
|
By Distribution Channel |
OEM After Market |
|
By Application |
Post Industrial Recycling PET Improvement Post-Consumer Recycling |
|
By End User |
Packaging Automotive Construction Textile Electronics Consumer Goods |
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By Region |
North America (U.S., Canada and Mexico) Europe (Germany, United Kingdom, France, Italy, Spain, Russia, Nordics, Benelux and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Oceania, and Rest of Asia Pacific) Middle East & Africa (GCC, South Africa and Rest of the Middle East & Africa) South America (Brazil, Argentina, Chile, Peru, and Rest of South America) |
Plastic Recycling Machine Market Segment Analysis
In the case of the plastic recycling machine market, segment analysis entails dividing the market into more manageable, smaller segments depending on a variety of factors. These segments are made in order to comprehend the market dynamics, target markets, and particular trends within each category more thoroughly. By offering a thorough picture of the market's intricacies and potential, segment analysis aids market researchers, businesses, and investors in making knowledgeable decisions. It enables market participants to modify their strategy in response to particular client demands, geographic areas, or technical advances.
Segments
By Machine Type
o Extrusion Machines
o Injection Molding Machines
o Blow Molding Machines
o Shredding and Grinding Machines
By Technology
o Mechanical Recycling
o Chemical Recycling
o Advanced Sorting and Separation Technologies
By Distribution Channel
o OEM
o After Market
o By Application
o Post Industrial Recycling
o PET Improvement
o Post-Consumer Recycling
By End User
o Packaging
o Automotive
o Construction
o Textile
o Electronics
o Consumer Goods
By Region
o North America
o Europe
o Asia Pacific
o South America
o Middle East & Africa
Plastic Recycling Machine Market Regional Analysis
The Developed plastic recycling machine market in North America is fuelled by strict environmental regulations and a focus on sustainability. are important market participants in the area, with a well-established recycling infrastructure. Demand for recycling equipment is fuelled by regulations that encourage waste reduction and plastic recycling. The demand for recycled plastics is rising as consumers and businesses become more environmentally conscious. The demand for recycling equipment is being driven by Europe's leadership in sustainable practices and plastic recycling. The circular economy strategy emphasized in Europe promotes recycling and aids in market expansion Manufacturers are held liable for recycling under EPR laws, which increases demand for equipment. Demand for recycling equipment and plastic consumption both significantly increase in the Asia-Pacific area. Recycling solutions are required because of the rise in plastic trash brought on by urbanization and industrialisation. Market expansion is fuelled by government assistance in managing and recycling plastic garbage. Recycled materials of a high calibre must still be guaranteed. The market for plastic recycling machines in South America is expanding as environmental and sustainability issues receive more attention. Recycling activities are fuelled by rising environmental consciousness about plastic waste. Increased demand for packaging encourages the usage of recycled plastics. To increase recycling effectiveness, all regions are rapidly using cutting-edge sorting and separation technology. Chemical recycling methods are becoming more popular in areas that want to deal with complex plastic waste streams. In all regions, cooperation among governments, corporations, and non-governmental organizations (NGOs) is encouraging sustainable plastic recycling methods. A comprehensive overview of the plastic recycling machine market in four key regions is provided by this regional analysis.
Plastic Recycling Machine Market Key Players
To improve their market share, major players are developing innovative recycling methods. To strengthen their position in the market for plastic recycling machines, they are putting a lot of effort into developing new products and forming alliances and partnerships. These businesses are engaged in producing, selling, and developing machinery and equipment for recycling plastic. The list contains businesses from many nations, demonstrating the market's global reach for plastic recycling machines. The market for plastic recycling equipment's major advancements are covered in the reports, along with both organic and inorganic growth tactics. Many businesses are putting an emphasis on organic growth initiatives, including new launches, product approvals, and others like patents and events. Acquisitions and partnerships & collaborations were examples of inorganic growth tactics that were observed in the market. These actions have made it possible for market participants to grow their consumer bases and operations. With the increasing demand for plastic recycling equipment on the worldwide market, key players in the plastic recycling equipment market can anticipate attractive growth prospects in the future.
o EREMA Group
o Vecoplan AG
o Bühler Group
o Sorema - Plastic Recycling Systems
o NGR - Next Generation Recyclingmaschinen GmbH
o Polystar Machinery Co., Ltd.
o Herbold Meckesheim GmbH
o Lindner Recyclingtech GmbH
o AMUT Group
o Beier Machinery
o Avian (USA) Machinery, LLC
o Krones AG
o Weima Maschinenbau GmbH
o Panchal Plastic Machinery Pvt. Ltd.
o B+B Anlagenbau GmbH
o Genox Recycling Tech (China) Co., Ltd.
o Gamma Meccanica S.p.A.
o KOWI Industrial Corporation
o Cumberland
o Plastic Recycling Machine AS
o Starlinger & Co. Gesellschaft m.b.H.
o Ettlinger Kunststoffmaschinen GmbH
o Others
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Porter's Five Forces Model Analysis
4.6 Value Chain Analysis
4.7 Impact of COVID-19 on Global Plastic Recycling Machine Market
5 Global Plastic Recycling Machine Market, By Machine Type
5.1 Introduction
5.2 Extrusion Machines
5.3 Injection Molding Machines
5.4 Blow Molding Machines
5.5 Shredding and Grinding Machines
6 Global Plastic Recycling Machine Market, By Technology
6.1 Introduction
6.2 Mechanical Recycling
6.3 Chemical Recycling
6.4 Advanced Sorting and Separation Technologies
7 Global Plastic Recycling Machine Market, By Distribution Channel
7.1Introduction
7.2OEM
7.3After Market
8 Global Plastic Recycling Machine Market, By Application
8.1Introduction
8.2Post Industrial Recycling
8.3PET Improvement
8.4Post Consumer Recycling
9 Global Plastic Recycling Machine Market, By End User
9.1Introduction
9.2Packaging
9.3Automotive
9.4Construction
9.5Textile
9.6Electronics
9.7Consumer Goods
10 Global Plastic Recycling Machine Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Rest of Asia-Pacific
10.5 Middle East and Africa
10.6 South America
11 Competitive Landscape
11.1 Introduction
11.2 Vendor Evaluation Criteria
11.3 Vendor Share Analysis, 2021
11.4 Recent Developments, 2019-2021
11.4.1 New Deployment Model Launches
11.4.2 Partnerships
11.4.3 Mergers or Acquisitions
11.4.4 Business Expansions
12 Company Profiles
(This section covers the Business Overview, Financial Overview, Deployment Model and Deployment Model Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top Market
vendors. The given sequence does not represent their rankings in the market.
12.1 EREMA Group
12.2 Vecoplan AG
12.3 Bühler Group
12.4 Sorema - Plastic Recycling Systems
12.5 NGR - Next Generation Recycling maschinen GmbH
12.6 Polystar Machinery Co., Ltd.
12.7 Herbold Meckesheim GmbH
12.8 Lindner Recyclingtech GmbH
12.9 AMUT Group
12.10 Beier Machinery
12.11 Avian (USA) Machinery, LLC
12.12 Krones AG
12.13 Weima Maschinenbau GmbH
12.14 Panchal Plastic Machinery Pvt. Ltd.
12.15 B+B Anlagenbau GmbH
12.16 Genox Recycling Tech (China) Co., Ltd.
12.17 Gamma Meccanica S.p.A.
12.18 KOWI Industrial Corporation
12.19 Cumberland
12.20 Plastic Recycling Machine AS
12.21 Starlinger & Co. Gesellschaft m.b.H.
12.22 Ettlinger Kunststoffmaschinen GmbH
12.23 Others
13 Appendix
13.1 Discussion Guide
13.2 Customization Options
13.3 Related Reports
List of Tables
Table 1 Global Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 2 Global Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 3 Global Plastic Recycling Machine Market , By Distribution Channel, 2019-2030 (USD Billion)
Table 4 Global Plastic Recycling Machine Market, By Region, 2019-2030 (USD Billion)
Table 5 North America Plastic Recycling Machine Market, By Country, 2019-2030 (USD Billion)
Table 6 North America Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 7 North America Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 8 North America Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 9 United States Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 10 United States Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 11 United States Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 12 Canada Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 13 Canada Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 14 Canada Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 15 Mexico Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 16 Mexico Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 17 Mexico Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 18 Europe Plastic Recycling Machine Market, By Country, 2019-2030 (USD Billion)
Table 19 Europe Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 20 Europe Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 21 Europe Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 22 Germany Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 23 Germany Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 24 Germany Plastic Recycling Machine Market , By Distribution Channel, 2019-2030 (USD Billion)
Table 25 United Kingdom Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 26 United Kingdom Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 27 United Kingdom Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 28 France Plastic Recycling Machine Market , By Machine Type, 2019-2030 (USD Billion)
Table 29 France Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 30 France Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 31 Italy Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 32 Italy Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 33 Italy Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 34 Spain Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 35 Spain Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 36 Spain Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 37 Rest of Europe Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 38 Rest of Europe Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 39 Rest of Europe Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 40 Asia-Pacific Plastic Recycling Machine Market, By Country, 2019-2030 (USD Billion)
Table 41 Asia-Pacific Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 42 Asia-Pacific Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 43 Asia-Pacific Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 44 China Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 45 China Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 46 China Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 47 India Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 48 India Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 49 India Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 50 Japan Plastic Recycling Machine Market , By Machine Type, 2019-2030 (USD Billion)
Table 51 Japan Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 52 Japan Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 53 South Korea Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 54 South Korea Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 55 South Korea Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 56 Rest of Asia-Pacific Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 57 Rest of Asia-Pacific Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 58 Rest of Asia-Pacific Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 59 Middle East and Africa Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 60 Middle East and Africa Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 61 Middle East and Africa Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
Table 62 South America Plastic Recycling Machine Market, By Machine Type, 2019-2030 (USD Billion)
Table 63 South America Plastic Recycling Machine Market, ByTechnology2019-2030 (USD Billion)
Table 64 South America Plastic Recycling Machine Market, By Distribution Channel, 2019-2030 (USD Billion)
List of Figures
Figure 1 Global Plastic Recycling Machine Market: Market Segmentation
Figure 2 Global Plastic Recycling Machine Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top-Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Data Triangulation
Figure 7 Global Plastic Recycling Machine Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global Plastic Recycling Machine Market: Porter's Five Forces Model Analysis
Figure 9 Global Plastic Recycling Machine Market: Value Chain Analysis
Figure 10 Global Plastic Recycling Machine Market Share Analysis, By Machine Type, 2021 and 2030
Figure 11 Global Plastic Recycling Machine Market Share Analysis, ByTechnology2021 and 2030
Figure 12 Global Plastic Recycling Machine Market Share Analysis, By Distribution Channel, 2021 and 2030
Figure 13 Global Plastic Recycling Machine Market Share Analysis, By Region, 2021 and 2030
Figure 14 North America Plastic Recycling Machine Market Share Analysis, By Country, 2021 and 2030
Figure 15 North America Plastic Recycling Machine Market Share Analysis, By Machine Type, 2021 and 2030
Figure 16 North America Plastic Recycling Machine Market Share Analysis, ByTechnology2021 and 2030
Figure 17 North America Plastic Recycling Machine Market Share Analysis, By Distribution Channel, 2021 and 2030
Figure 18 Europe Plastic Recycling Machine Market Share Analysis, By Country, 2021 and 2030
Figure 19 Europe Plastic Recycling Machine Market Share Analysis, By Machine Type, 2021 and 2030
Figure 20 Europe Plastic Recycling Machine Market Share Analysis, ByTechnology2021 and 2030
Figure 21 Europe Plastic Recycling Machine Market Share Analysis, By Distribution Channel, 2021 and 2030
Figure 22 Asia-Pacific Plastic Recycling Machine Market Share Analysis, By Country, 2021 and 2030
Figure 23 Asia-Pacific Plastic Recycling Machine Market Share Analysis, By Machine Type, 2021 and 2030
Figure 24 Asia-Pacific Plastic Recycling Machine Market Share Analysis, ByTechnology2021 and 2030
Figure 25 Asia-Pacific Plastic Recycling Machine Market Share Analysis, By Distribution Channel, 2021 and 2030
Figure 26 Middle East and Africa Plastic Recycling Machine Market Share Analysis, By Machine Type, 2021 and 2030
Figure 27 Middle East and Africa Plastic Recycling Machine Market Share Analysis, ByTechnology2021 and 2030
Figure 28 Middle East and Africa Plastic Recycling Machine Market Share Analysis, By Distribution Channel, 2021 and 2030
Figure 29 South America Plastic Recycling Machine Market Share Analysis, By Machine Type, 2021 and 2030
Figure 30 South America Plastic Recycling Machine Market Share Analysis, ByTechnology2021 and 2030
Figure 31 South America Plastic Recycling Machine Market Share Analysis, By Distribution Channel, 2021 and 2030
Figure 32 Global Plastic Recycling Machine Market: Competitive Benchmarking
Figure 33 Global Plastic Recycling Machine Market: Vendor Share Analysis, 2021
Report ID: VBI117
----------------- 2023-09-11
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Format: PDF/Excel
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