Global Plastic Recycling Machine Market Overview:

According to MarkNtel Advisors study 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. As there is a genuine requirement for the efficient disposal of waste generated, especially plastic waste, Plastic Recycling Machine Market thus recycling machines aid in recycling plastic, benefiting the environment as well as the economical disposal of plastics.

Key Findings of the Study: Plastic Recycling Machine market

Global Plastic Recycling Machine Market 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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Scope of the Plastic Recycling Machine Market Report Segmentation

-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

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Geographical analysis:

-By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

North America dominates the Plastic Recycling Machine Market globally and is presumed to have a strong foothold in the forecast years as well. This is attributed to the rising environmental awareness among the governments of the regional countries, individuals, and companies. Along with this the constant upgrades & innovations in the recycling machinery are also elevating the market growth. Moreover, in North America, the US is observed to have a high demand for recycling machinery, owing to the strict government regulations & recycling practices. Similarly, Mexico & Canada also have good recycling processes, thus enhancing the North America Plastic Recycling Machine Market.

Global Plastic Recycling Machine Market Recent Development:

• February 2024: Buhler Group introduced SORTEX N PolyVision and SORTEX A/B range machine. The new plastic recycling solutions technology machines can help deliver the highest yield in the recycling sector.
• September 2023: Genius Machinery Co., Ltd. introduced its new plastic washing recycling line for the South American Market. The main element of this product is the SQUEEZE DRYER, which can facilitate the company with lucrative growth in the worldwide market.

Current Landscape of Plastic Recycling Machine Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Plastic Recycling Machine market. The research report profiles major players, including

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• Amstar Machinery Co. Ltd.
• Arlington Machinery
• B+B Building
• 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.
• Buhler Group
• Genius Machinery Co., Ltd.
• PRM Taiwan
• Others

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