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Global Markets for Industrial Shredder Machines 2020-2027 - Industry to Cross $850 Million by 2027, Despite Disruptions from the COVID-19 Crisis - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Industrial Shredder Machines - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to this 8th edition of this report. The 134-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Industrial Shredder Machines Market to Reach US$850.3 Million by the Year 2027

Amid the COVID-19 crisis, the global market for Industrial Shredder Machines estimated at US$771.4 Million in the year 2020, is projected to reach a revised size of US$850.3 Million by 2027, growing at a CAGR of 1.4% over the period 2020-2027.

The U.S. Accounts for Over 27.2% of Global Market Size in 2020, While China is Forecast to Grow at a 2% CAGR for the Period of 2020-2027

The Industrial Shredder Machines market in the U.S. is estimated at US$209.7 Million in the year 2020. The country currently accounts for a 27.18% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$150.1 Million in the year 2027 trailing a CAGR of 2% through 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 1.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR while Rest of European market (as defined in the study) will reach US$150.1 Million by the year 2027.

Competitors identified in this market include, among others:

  • Advance Hydrau-Tech Pvt. Ltd.
  • ANDRITZ AG
  • BCA Industries
  • Brentwood Recycling Systems
  • ECO Green Equipment, LLC
  • EcoStan India Private Limited.
  • Hammermills International
  • Metso Corporation
  • MOCO Maschinen- und Apparatebau GmbH & Co. KG
  • Rapid Granulator Inc.
  • Servo International
  • SSI Shredding Systems, Inc.
  • UNTHA Shredding Technology GmbH
  • Vecoplan AG
  • WEIMA Maschinenbau GmbH

Total Companies Profiled: 38

For more information about this report visit https://www.researchandmarkets.com/r/tki599

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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