List of Contents
- Last Updated : 02 Jul 2025
- Report Code : 4246
- Category : Chemical and Material
Recycling Equipment Market Size and Growth 2025 to 2034
The global recycling equipment market size was estimated at USD 29.77 billion in 2024 and is predicted to increase from USD 31.38 billion in 2025 to approximately USD 50.24 billion by 2034, expanding at a CAGR of 5.37% from 2025 to 2034. The collaboration of a technical company with a waste material management company can be the opportunity to boost the recycling equipment market.
Recycling Equipment Market Key Takeaways
- The global recycling equipment market was valued at USD 29.77 billion in 2024.
- It is projected to reach USD 50.24 billion by 2034.
- The market is expected to grow at a CAGR of 5.37% from 2025 to 2034.
- Asia Pacific dominated the market with the major market share of 41% in 2024.
- In the North America, the U.S. has recorded for more than 77% of the market share in 2024.
- By equipment, the baler press segment has held the largest market share in 2024.
- By equipment, the separator segment is expected to grow at a significant rate equipment during the forecast period.
- By processed material, the plastic segment has contributed more than 35% of market share in 2024.
- By processed material, the rubber segment is expected to expand rapidly during the forecast period.
Asia Pacific Recycling Equipment Market Size and Growth 2025 to 2034
The Asia Pacific recycling equipment market size reached USD 12.21 billion in 2024 and is predicted to be worth around USD 20.85 billion by 2034, at a CAGR of 5.50% from 2025 to 2034.
Asia Pacific has held the largest market share in 2024. Due to a number of factors, including expanding urbanization, environmental awareness, stricter government regulations, and growing investment in suitable development efforts, the market is likely to rise in the Asia Pacific region. In order to manage waste efficiently and sustainably, the region’s fast industrialization and growing manufacturing sector also increase the need for recycling technology.
India’s environment ministry has proposed a new draft under which the government will be focusing on recycling in the automobile sector. The newly draft policy seeks establishment of 20 official vehicle dismantlers across the country.
- In India, November 2022 market the beginning of new e-waste management rules. All manufacturer, recyclers and producers are required to register with the central pollution control board.
- From 2011 to 2022, China has recycled 170 million tons of plastic waste.
North America is observed to grow at a significant rate in the recycling equipment market by region, during the forecast period. The recycling equipment is in high demand due to the strict management and recycling requirements in North America. The area has a competitive advantage in the worldwide market thanks to the numerous creative businesses that are creating cutting-edge machinery there. The business has been further stimulated by significant investments made by North American nations in recycling infrastructure, including structures and machinery.
- In 2023, TOMRA, Canada announced that it will be supplying advanced collection, sorting and processing equipment for new recycling depots in Quebec. 1,350 machines will be installed as a part of the deal with local producer in the country.
Market Overview
The recycling equipment market refers to the industry that offers equipment that is used to recycle waste materials into useful products. The recycling equipment includes devices that help in the separation and arrangement of recyclable materials such as paper, plastic, rubber, glass, and metal for additional processing and reuse. The recycling equipment includes baler presses, shredders, granulators, agglomerators, shears, separators, extruders, etc.
The recycling equipment market is driven by the rise in the usage of recycled materials, rising concern about waste management, and the collaboration of technical companies with waste material management companies can be the opportunity to boost the market.
The recycling equipment market is fragmented with multiple small-scale and large-scale players such as 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.
Recycling Equipment Market Growth Factors
- The rise in the usage of recycled materials boosts the recycling equipment market.
- The collaboration of a technical company with a waste material management company can be the opportunity to boost the recycling equipment market.
- The rising concern about waste management can boost the recycling equipment market.
Market Scope
| Report Coverage | Details |
| Growth Rate from 2025 to 2034 | CAGR of 5.37% |
| Market Size in 2025 | USD 31.38 Billion |
| Market Size by 2034 | USD 50.24 Billion |
| Largest Market | Asia-Pacific |
| Base Year | 2024 |
| Forecast Period | 2025 to 2034 |
| Segments Covered | By Equipment, and By Processed Material |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Market Dynamics
Drivers
Rising the usage of recycled material
The rise in the usage of recycled materials boosts the recycling equipment market. The demand for recycling equipment in the electric and electronics sector will soar due to the growing use of recycled materials in a variety of end-user industries, such as packaging, building and construction, electrical and electronics, automotive and pharmaceuticals, etc. Recycled materials are widely used in the production of wire and cable insulation, refrigerators, TV cabinets, laptops, bodies, and cell phones.
Rising concern about waste management
The rising concern about waste management can boost the recycling equipment market. Governments, industries, and consumers are placing a higher priority on recycling and appropriate waste management techniques as environmental awareness rises. In order to handle recycling equipments efficiently, this trend has raised demand for recycling equipments including shredders, crushers, and sorting machines.
- In September 2023, the EPA announced the selectees for the Solid Waste Infrastructure for Recycling grants for Communities and the recipients of the recycling grants for States and Territories. Then, on November 15, 2023, EPA announced the selectees for the Solid Waste Infrastructure for Recycling Grants for Tribes and Intertribal Consortia.
Restraint
Environmental impact
The environmental impact may slow down the recycling equipment market. Recycling e-waste has an impact on the environment even though it lessens the requirement for landfill space and the extraction of new raw materials. Energy is needed for the recycling process itself, which might produce pollutants. For example, the process of shredding e-waste might result in dust particles that aggravate air pollution. In a similar vein, wastewater that needs to be cleaned before being discharged into the environment can result from using water during the recycling process.
Opportunity
Collaborative activities between companies
The collaboration of a technical company with a waste material management company can be the opportunity to boost the recycling equipment market. This collaboration combines technical expertise with waste management knowledge, which results in more effective and innovative solutions for sorting e-waste to recycling with a rising demand for advanced waste management technology.
- In January 2024, Recycleye, a technology company specializing in AI-powered automated sorting for waste and materials management, has partnered with SWEEEP Kuusakoski, a company specializing in the recycling of waste electrical and electronic equipment (WEEE). Together, they deployed an optical sorter that uses AI and machine learning to sort e-waste for recycling. The technology can detect specific items such as printed circuit boards (PCBs) in WEEE and multi-material batteries, improving the sorting process and enabling the extraction of valuable materials for recovery.
Equipment Insights
The baler press segment dominated the recycling equipment market by equipment in 2024. The baler press device is used to compress and bind materials into small, controllable bundles. The baler press is widely utilized for cleaning products, including plastic, paper, rubber, and construction waste, as well as for simpler recycling storage and transportation in industries, manufacturing facilities, and recycling centers. Additionally, the baler press reduces the volume of simpler handling, storage, and transportation by effectively compressing materials into compact bundles. The baler presses simplify the recycling process and cut down on the amount of material effort required, which helps industries save labor costs.
The separator segment is expected to grow at a significant rate in the recycling equipment market by equipment, during the forecast period. The separator is a part of equipment used in recycling that divides materials according to their characteristics, such as size, density, or magnetic susceptibility. The separator helps in the separation of items like paper, plastic, rubber, and metals, improving safe recycling procedures. Industries and governments are investing more in recycling infrastructure as environmental concerns grow and the rules harden. By automating the sorting process and enhancing material purity, separators are essential for increasing the efficacy and efficiency of recycling equipment.
Processed Material Insights
The plastic segment dominated the recycling equipment market by processed material, in 2024. Last week, it was the industry leader in recycling equipment for a number of reasons. The recycling efforts heavily target plastic waste due to its vast global generation. Additionally, recycling plastic materials is now more practical and effective because of technological improvements. Also, there is a growing need for recycling equipment designed specially to manage plastic waste due to increased awareness of the adverse environmental impact of plastic pollution.
The rubber segment is expected to expand rapidly in the market by processed material during the forecast period. There is a growing need across a range of industries, including consumer goods, construction, and automotive, for recycled rubber materials. Additionally, manufacturing and recycling rubber products is now more financially feasible because of advancements in recycling technologies. Rubber waste recycling is becoming more popular as sustainability and minimizing environmental effects become more important. All these factors support the expected growth of rubber in the recycling equipment market.
Recycling Equipment Market Companies
- 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
Recent Developments
- In February 2024, Lidl launches a city-wide drinks packaging recycling scheme. The launch of the scheme is intended to go some way to preparing customers for Scotland’s nationwide deposit return scheme (DRS) for drinks packaging, which was due to be launched last August but was delayed until March 2024.
- In November 2023, Tomra Recycling Sorting, a business unit of Norway-based Tomra, launched the Innosort Flake for high throughput purification of plastic flakes. The Innosort Flake enables simultaneous flake sorting by color, polymer, and transparency, the company says. “The new Innosort Flake is designed to sort any color, any polymer, at the same time,” says Alberto Piovesan, global segment manager of plastics at Tomra Recycling Sorting. “It levels the playing field for recyclers and gives them maximum flexibility to respond to the respective market demands.
- In August 2023, Genius Machinery announced its highly sophisticated plastic washing recycling machine line. The plastic washing recycling machine line includes rigid washing plants as well as film washing plants. The rigid washing plants are designed to recycle post-consumer hard materials such as bottles, injection molding waste or scrap, pipes, e-waste, and other rigid materials. These systems produce uniform plastic flakes with high purity and low moisture content.
- In October 2022, the EREMA Group company was offering not only previously owned, customized plastics recycling machines but also a new machine that is made to stock and is therefore readily available at short notice. Launched in K 2022, the READYMAC system handles many standard applications in the post-consumer recycling segment and is an attractive option for customers who need a recycling solution on short notice without custom configuration.
Segments Covered in the Report
By Equipment
- Baler Press
- Shredders
- Granulators
- Agglomerators
- Shears
- Separators
- Extruders
- Others
By Processed Material
- Metal
- Plastic
- Construction Waste
- Paper
- Rubber
- Others
By Geography
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East & Africa
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