U.S. Recycling Equipment Market Size & Outlook, 2023-2030
U.S. recycling equipment market, 2018-2030 (US$M)
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U.S. recycling equipment market highlights
- The U.S. recycling equipment market generated a revenue of USD 3,957.4 million in 2023 and is expected to reach USD 5,290.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, baler press was the largest revenue generating equipment in 2023.
- Separators is the most lucrative equipment segment registering the fastest growth during the forecast period.
Recycling equipment market data book summary
| Market revenue in 2023 | USD 3,957.4 million |
| Market revenue in 2030 | USD 5,290.5 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Baler press |
| Fastest growing segment | Separators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Baler Press, Shredders, Granulators, Agglomerators, Shears, Separators, Extruders, Other Equipment |
| Key market players worldwide | Canadian Pacific Kansas City Ltd, American Baler Company, Marathon Digital Holdings Inc, Danieli & C. Officine Meccaniche SpA ADR, Metso Corp, Sunny Optical Technology (Group) Co Ltd ADR, Recycling Equipment Manufacturing, General Kinematics, Eldan Recycling, ForRec Srl, BHS-Sonthofen, LEFORT |
Other key industry trends
- In terms of revenue, U.S. accounted for 14.1% of the global recycling equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. recycling equipment market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 602.2 million by 2030.
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Recycling Equipment Market Scope
Recycling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. recycling equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to recycling equipment market will help companies and investors design strategic landscapes.
Baler press was the largest segment with a revenue share of 24.93% in 2023. Horizon Databook has segmented the U.S. recycling equipment market based on baler press, shredders, granulators, agglomerators, shears, separators, extruders, other equipment covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. accounted for a share of 65.2% of North America recycling equipment market in 2020. The U.S. was traditionally viewed as one of the prominent centers of the global commercial aircraft market. The pandemic negatively impacted aerospace industry with international travel restrictions and a drop in manufacturing for aircraft manufacturers such as Airbus and Boeing.
The Boeing Market Outlook launched in September 2021 reported that as health and travel restrictions ease up, the demand for aircraft is likely to increase on account of expanding e-commerce sector and rising number of passengers.
This is expected to boost the growth of aerospace industry, leading to new aircraft orders and generating more scrap. The demand for recycling equipment is likely to increase as recycling companies are looking to strengthen their recycling capabilities.
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Our clientele includes a mix of recycling equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. recycling equipment market , including forecasts for subscribers. This country databook contains high-level insights into U.S. recycling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. recycling equipment market size, by equipment, 2018-2030 (US$M)
U.S. Recycling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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