From GlobeNewswire: 2025-06-11 10:00:00

The Metal Recycling Equipment Market was valued at USD 7.49 billion in 2024, expected to reach USD 10.56 billion by 2032, with a CAGR of 4.40%. The U.S. market is set to grow from USD 1.00 billion in 2024 to USD 1.33 billion by 2032, with a CAGR of 3.71%, driven by industrial scrap generation and environmental regulations.

Baler Presses dominate the Metal Recycling Equipment Market in 2024, while Shredders and Industrial Applications lead the fastest growth. Baler presses account for 71.8% market share, offering efficiency and cost-effectiveness. Shredders are the fastest-growing segment due to technological advancements and increased automation.

In 2024, the Automotive segment leads the Metal Recycling Equipment Market with a dominant 38% share, driven by metal scrap from manufacturing and end-of-life vehicle processing. The Industrial segment is the fastest-growing, as industries adopt metal recycling to optimize raw material usage and minimize environmental impact.

Asia Pacific leads the Global Metal Recycling Equipment Market in 2024 with a 44% share, driven by rapid industrialization and sustainable initiatives. North America holds a significant share due to well-developed recycling infrastructure, strict environmental standards, and increased resource efficiency efforts.

In January 2024, metal recycling trade organizations highlighted the role of scrap metals in reducing emission levels in a report on the circular economy. SNS Insider is a leading market research and consulting agency, providing clients with current market data, consumer insights, and opinions to make confident decisions in changing circumstances.



Read more at GlobeNewswire: Metal Recycling Equipment Market to Reach USD 10.56 Billion