Metal Recycling Equipment Market Is Likely To Up Demand At A USD 10.21 Billion By 2030
San Francisco, 27 Oct 2023: The Report Metal Recycling Equipment Market Size, Share & Trends Analysis Report By Equipment (Balers, Shredders, Granulators, Shears, Separators), By Region, And Segment Forecasts, 2022 - 2030 The global metal recycling equipment market size is anticipated to reach USD 10.21 billion by 2030 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.1% from 2022 to 2030. The increased need for recyclable metals from a wide range of end-use sectors, along with the increasing output of metallic trash globally, is expected to fuel demand for metal recycling equipment. Recycled metal is environmentally beneficial and can lower emissions, production costs, and energy consumption; it is becoming more in demand in the food and beverage, construction, electronics, and automotive end-use sectors. Over the course of the projection period, this is thus anticipated to increase demand for metal recycling equipment. The