Recycling Equipment Market
The market for Recycling Equipment was estimated at $32.6 billion in 2024; it is anticipated to increase to $43.4 billion by 2030, with projections indicating growth to around $55.1 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Recycling Equipment Market Outlook
Revenue, 2024
$32.6B
Forecast, 2034
$52.5B
CAGR, 2025 - 2034
4.9%
The Recycling Equipment industry revenue is expected to be around $34.2 billion in 2025 and expected to showcase growth with 4.9% CAGR between 2025 and 2034. Playing a vital role, in creating a more sustainable future for all of us.
Recycling machinery includes paper balers and glass crushers well as advanced electronic waste recycling devices with features such as energy efficiency and strong construction that allow for increased processing capacities. All playing vital roles in the recycling process chain. The emergence of recycling equipment incorporating IoT and AI technologies has introduced a significant trend towards improved efficiency and accuracy while reducing the need for human involvement, in recycling operations.
Market Key Insights
- The Recycling Equipment market is projected to grow from $32.6 billion in 2024 to $52.5 billion in 2034. This represents a CAGR of 4.9%, reflecting rising demand across Material Reclamation, Construction Waste Processing and E-Waste Management.
- Machinex Industries Inc, Vecoplan AG, Terex Corporation are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Recycling Equipment market and are expected to observe the growth CAGR of 3.4% to 4.5% between 2024 and 2030.
- Emerging markets including Indonesia, Nigeria and Chile are expected to observe highest growth with CAGR ranging between 5.4% to 6.9%.
- Transition like Green Tech Adoption has greater influence in United States and Germany market's value chain; and is expected to add $1 billion of additional value to Recycling Equipment industry revenue by 2030.
- The Recycling Equipment market is set to add $20.0 billion between 2024 and 2034, with manufacturer targeting Scrap Metal & Plastic Waste Type projected to gain a larger market share.
- With Rising environmental consciousness, and Technological advancements in recycling processes, Recycling Equipment market to expand 61% between 2024 and 2034.
Opportunities in the Recycling Equipment
As industries progress towards efficient practices embracing automation and AI in recycling machinery holds great promise, for the future.
Growth Opportunities in North America and Europe
North America has emerged as a figure in the recycling equipment industry thanks to the implementation of supportive government policies and substantial investments in technological advancements that promote environmental awareness and drive market expansion in the regions competitive landscape dominated by industry leaders like General Kinematics Corporation and Machinex Group. Opportunities for growth are found in prioritizing friendly and cost effective equipment solutions while incorporating cutting edge technologies such, as AI.
In Europe's recycling equipment market is set to experience growth due to the strong support of government initiatives promoting waste management and recycling in countries such as the UK, Germany and France. Despite facing competition to that in North America companies like Danieli Centro Recycling and BHS Sonthofen GmbH have established solid positions. Potential avenues for growth lie, in enhancing operational efficiency and prioritizing sustainability efforts.
Market Dynamics and Supply Chain
01
Driver: Rising Environmental Consciousness, and Strict Government Regulations on Waste Disposal
The rising global awareness of issues has also led to a significant increase in the need, for recycling machinery worldwide. Governments worldwide are also implementing regulations regarding waste disposal which is also prompting businesses to embrace efficient waste management methods. R ecycling machinery plays a role in these efforts and as a result the market, for such equipment is also witnessing significant growth.
The latest recycling machinery has also seen a transformation with the advancements in technology over time. Innovative features, like sensors and sorting systems powered by AI have also greatly improved the effectiveness of waste management processes. These developments are also encouraging an increasing number of businesses to upgrade their recycling equipment and fuel the expansion of the market.
02
Restraint: High Initial Investment Costs
One major challenge in the recycling equipment industry is the upfront expenses involved for businesses looking to invest in such technology. Some companies may struggle to rationalize these costs when theyre in their initial stages or working in regions with slim profit margins. The cost of recycling equipment can be quite steep. May not yield immediate profits hence causing hesitation, in committing to such a substantial investment. The significant expenses for upkeep and running and the requirement for workers to handle these devices contribute to the overall financial strain, on businesses and make them hesitant to invest in such machinery.
03
Opportunity: Augmented Adoption in Small and Medium-Sized Enterprises and Expanding Applications in E-Waste Management
In the midst of the growing emphasis on eco initiatives, small and medium sized businesses are starting to realize the advantages of integrating recycling machinery into their processes. There is still a lot of untapped potential as numerous SMEs are not fully taking advantage of the cost savings and environmental perks. This indicates an opening, for recycling equipment suppliers to offer competitively priced machines that are simple to use and customized to suit the specific requirements of SMEs.
The increasing amount of devices being thrown away poses a major environmental issue while also creating a great chance for companies that recycle old equipment to thrive. This industry urgently requires cutting edge technology that can efficiently handle waste like phones, laptops and TVs. So creating recycling tools tailor made for extracting materials from e waste presents a promising opportunity, for growth.
04
Challenge: Lack of Governance and Regulation
In some areas the insufficient regulations and oversight on recycling operations pose an obstacle, to the markets expansion.
Supply Chain Landscape
1
Raw Material Acquisition
Sims Metal ManagementSchnitzer Steel Industries
2
Equipment Manufacturing
General KinematicsCP Manufacturing
3
Distribution
Van Dyk Recycling SolutionsDoyle Machinery
4
End User Applications
Municipal Waste ManagementConstruction and DemolitionAutomotive Industry
1
Raw Material Acquisition
Sims Metal ManagementSchnitzer Steel Industries
2
Equipment Manufacturing
General KinematicsCP Manufacturing
3
Distribution
Van Dyk Recycling SolutionsDoyle Machinery
4
End User Applications
Municipal Waste ManagementConstruction and DemolitionAutomotive Industry
Use Cases of Recycling Equipment in Material Reclamation & Construction Waste Processing
Material Reclamation : Recycling machinery is essential for materials by breaking down waste into its basic components, for producing new items. TOMRA and Buhler Group are industry players that have developed advanced machines to process various waste materials effectively. This helps in decreasing landfill waste and offering advantages.
E-Waste Management : Using recycling machinery to manage and recycle waste is a unique approach in the industry, allowing for the recovery of valuable components like gold and copper from outdated electronic gadgets Shredders and separators play a vital role in this process Recognized companies such, as ERI and Sims Recycling Solutions take advantage of the increasing amount of e waste by providing extensive recycling services and solutions
Construction Waste Processing : The building industry sees advantages when using recycling machinery to handle construction site waste Crush and screening devices convert materials such, as concrete brick and asphalt debris into reusable materials Metso Outotec and KPI JCI stand out for their top notch crushers and screeners tailored to environmentally conscious construction projects
Recent Developments
Lately the Recycling Equipment sector has seen changes with groundbreaking technological progress and changing market trends taking place. The incorporation of AI and automated technologies, in recycling equipment is a standout advancement aiming to enhance recycling operations and minimize drawbacks.
December 2024 : Metso Outotec has introduced its automated sorting systems aimed at improving efficiency, in waste recycling.
October 2024 : A new line of recycling equipment tailored for managing waste was launched by BHS Sonthofe. This has caused quite a stir, in the market.
August 2024 : Geocyle has embraced TOMRA Recyclings shredder technology leading to a substantial increase, in the recycling efficiency of industrial waste.
Impact of Industry Transitions on the Recycling Equipment Market
As a core segment of the Machinery Technology industry,
the Recycling Equipment market develops in line with broader industry shifts.
Over recent years, transitions such as Green Tech Adoption and Automation and Digitization have redefined priorities
across the Machinery Technology sector,
influencing how the Recycling Equipment market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Green Tech Adoption
The market for recycling machinery is swiftly adjusting to the push, for sustainability and environmental awareness. This change is characterized by the creation and utilization of recycling devices that support eco practices. These advancements involve technologies that enhance energy efficiency and cut down carbon emissions while also enabling the recycling of an array of materials. Businesses that promptly adopt these developments are poised to stay in the competition while companies slow to adjust may find themselves falling behind in the industry.
02
Automation and Digitization
One major shift in the recycling equipment sector involves the shift, towards automation and digitalization. Cutting edge equipment driven by intelligence and ML is taking over manual labor intensive tasks. These automated systems are proving to be more effective and frequently lead to cost reductions.