Scrap Metal Shredder Industry Worth $994 Million by 2027 - COVID-19 Adjusted - ResearchAndMarkets.com

DUBLIN--()--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

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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