Recycling Equipment Market size in US: Forecast & Competitive Map

pallav bhagatpallav bhagat
3 min read

The global Recycling Equipment Market is experiencing strong momentum, fueled by rising environmental awareness, government regulations, and the growing adoption of sustainable waste management solutions. According to recent industry analysis, the Recycling Equipment Market was estimated at USD 29.46 billion in 2023 and is expected to reach USD 48.07 billion by 2032, expanding at a Compound Annual Growth Rate (CAGR) of 5.59% during the forecast period from 2024 to 2032.

The U.S. Recycling Equipment Market Size is projected to experience steady growth from USD 17.55 billion in 2023 to USD 38.49 billion by 2032, with an impressive CAGR of 9.12%. This growth is being driven by heightened national focus on reducing landfill dependency, government support for recycling initiatives, and increased private sector investments in advanced recycling technologies.

Key Market Drivers:

  • Global Push Toward Sustainable Waste Management and Circular Economy:
    Increasing public and private sector commitments to sustainability and circular economy principles are propelling demand for recycling technologies. Recycling equipment plays a critical role in minimizing environmental impact by enabling efficient recovery and reuse of materials such as metals, plastics, glass, and electronics.

  • Stringent Environmental Regulations and Government Incentives:
    Governments worldwide are implementing strict regulations on waste disposal and emissions, mandating recycling practices across multiple industries. Financial incentives, subsidies, and recycling mandates are further encouraging industries to invest in modern recycling equipment.

  • Rapid Industrialization and Urban Waste Generation:
    Accelerated industrial growth and urban expansion have led to unprecedented volumes of waste. As urban centers struggle with waste management challenges, the demand for scalable, automated recycling equipment is increasing across both developed and emerging economies.

  • Technological Advancements in Recycling Machinery:
    Innovations in sensor-based sorting systems, AI-driven automation, and robotic material handling are transforming the recycling process. These advancements are increasing operational efficiency, improving material purity, and reducing processing costs for recycling facilities.

  • Growth of E-Waste and Industrial Scrap Recycling:
    With the global surge in electronic consumption, e-waste recycling has emerged as a major market segment. High-value metal recovery and safe disposal practices are driving the adoption of specialized recycling equipment in this niche.

Key Players

  • Recycling Equipment Manufacturing

  • The CP Group

  • American Baler

  • Kiverco

  • General Kinematics

  • MHM Recycling Equipment

  • Marathon Equipment

  • Ceco Equipment Ltd.

  • Danieli Centro Recycling

  • ELDAN Recycling

  • Metso

  • Suny Group

  • Forrec Srl Recycling

  • BHS-Sonthofen

  • LEFORT GROUP

  • SSI Shredding Systems

  • Vecoplan AG

  • Presona AB

  • Erdwich Zerkleinerungs-Systeme GmbH

  • Untha Shredding Technology GmbH

Conclusion:

The recycling equipment market is positioned for robust growth over the coming years as industries and governments align toward sustainability goals. Rising investments in smart waste processing, growing awareness of resource scarcity, and supportive policy frameworks will further drive market expansion. Companies that innovate and offer energy-efficient, high-throughput recycling solutions will be at the forefront of this dynamic and evolving industry.

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pallav bhagat
pallav bhagat