Recycling Equipment & Machinery Market trends research and projections for 2019 - 2026

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Recycling Equipment Machinery Market Trends
Research and Projections for 2019 - 2026
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Global Market Scenario of Recycling Equipment
Machinery Industry

• Rising concerns for environmental degradation and
  carbon emission have fueled a wave of material
  recycling across the globe, which is likely to
  drive recycling equipment machinery market
  trends. Shifting focus towards appropriate waste
  management has also provided impetus to the
  industry growth.
• Recycling equipment machinery product are
  rapidly penetrating diverse industries,
  automotive construction sectors in particular.
  Moreover, government initiatives for waste
  management and recycling will also propel market
  trends.
• Recycling equipment machinery industry size is
  forecast to cross the USD 1 billion mark by 2026.
  
• Speaking of regional contribution, Asia Pacific
  is poised to make a notable contribution to the
  global share. Expansion of building
  construction sector in the region will be a key
  driving force behind recycling equipment
  machinery industry growth.
• The challenges associated with the plastic
  disposal is intensifying across the region, which
  is further favoring the consumption of recycled
  plastic.

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• Recycled plastics are being widely used in
  construction applications, such as in designing
  interiors, exteriors, structures, and for
  decorative purposes. Moreover, rapid urbanization
  in China along with increasing consumer
  preference for fully furnished homes with loads
  of accessories is likely to increase product
  demand for construction application.
• Apparently, urbanization trends will bolster the
  demand for recycled plastics in the emerging
  countries, hence creating lucrative growth
  opportunities for recycling equipment and
  machinery market.
• Many multinational organizations, as well as
  governments, have implemented awareness campaigns
  and programs in order to deal with the menace of
  plastic waste. For instance, Bisleri
  International started an initiative, namely
  Bottled for Change, to spread awareness
  regarding plastic waste disposal. Till 2018, the
  initiative resulted in production of around 4,800
  tons of recycled plastic.

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360 Industry Analysis

• Latin America recycling equipment machinery
  industry is forecast to register a notable growth
  rate of more than 5 over the coming years. Rapid
  urbanization and industrialization, along with
  shifting government attention towards development
  of recycling facilities and infrastructure in the
  region is likely to supplement Latin America
  recycling equipment machinery market share.
•  

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• Competitive Analysis
• Morita Holdings, Danieli Centro Recycling, MTB
  Recycling, Vecoplan AG, and BHS Sonthofen are the
  key manufacturers in global recycling equipment
  machinery industry. These industry players are
  continuously investing in RD for developing
  advanced products and services to gain a
  competitive edge in the market and for increasing
  profits.

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