DUBLIN--(BUSINESS WIRE)--The "Scrap Metal Shredder - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to this 9th edition of the 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 Scrap Metal Shredder Market to Reach US$994.1 Million by the Year 2027
Amid the COVID-19 crisis, the global market for Scrap Metal Shredder estimated at US$918 Million in the year 2020, is projected to reach a revised size of US$994.1 Million by 2027, growing at a CAGR of 1.1% 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 1.6% CAGR for the Period of 2020-2027
The Scrap Metal Shredder market in the U.S. is estimated at US$249.7 Million in the year 2020. The country currently accounts for a 27.2% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$172.9 Million in the year 2027 trailing a CAGR of 1.6% through 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 0.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR while Rest of European market (as defined in the study) will reach US$172.9 Million by the year 2027.
Competitors identified in this market include, among others:
- ANDRITZ AG
- BCA Industries
- ECO Green Equipment, LLC
- EcoStan India Private Limited
- Granutech-Saturn Systems
- Hammermills International
- Metso Corporation
- MOCO Maschinen- und Apparatebau GmbH & Co. KG
- Rapid Granulator Inc.
- 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/mo2viy