The Metal Shredder Machine Market size was estimated at USD 958.0 Million in 2022 and is expected to reach USD 1387.31 million by 2030 at a CAGR of 4.2% during the forecast period of 2023-2030.
A Shredder is a piece of machinery used to shred various materials. They are used in many different industries and are available in a range of designs, from paper shredders to scrap metal shredders. Industrial Shredders are typically employed to reduce the size of materials so that they may be more easily sorted or to lower the cost of transporting recyclables. An industrial shredder may be used for business purposes as well as for private use. They might have little or a lot of horsepower, and they can be slow or quick.
To get more information on Metal Shredder Machine Market - Request Free Sample Report
Heavy metal wastes are broken down into manageable bits using a metal shredder, which also decreases their volume. Metal Shredders are available in a variety of designs and sizes. The metal shredder system is essential machinery for both producers and consumers of recycled metal, as environmental concerns rise. It is mostly utilized in the steel and automotive industries. A variety of metal waste is crushed using this machinery. They are frequently employed in metal recycling and scrapyards to reduce debris to a uniform size and shape, so that it may be segregated and processed further.
MARKET DYNAMICS
DRIVERS
Urbanization and industrialization
Metal shredders are needed for trash reduction and recycling since growing industry and metropolitan areas produce a lot of metal garbage.
Technological Progress
As a result of ongoing technical progress, metal shredder machines are now more effective and adaptable, which increases their appeal to a variety of sectors.
RESTRAIN
High initial outlay
For small and medium-sized firms, the cost of installing and purchasing metal shredder machines can be a major obstacle.
Cost of Maintenance
Metal Shredder Machine Prices for Upkeep and Repairs can be high, which has an impact on total running costs.
OPPORTUNITY
Innovation and Personalisation
Manufacturers have the chance to provide specialized and cutting-edge solutions, such as cutting-edge automation and safety features, to fulfill certain industry requirements.
Initiatives for a Circular Economy
Metal recycling and shredding can flourish in an environment that is favored by government and business initiatives to advance circular economy principles.
CHALLENGES
Safety Issues
Metal shredding processes may be dangerous, and maintaining safety standards and compliance can be difficult.
Availability of raw materials
Operations may be impacted by changes in the supply and quality of scrap metal, which is used as the primary raw material in metal shredding.
IMPACT OF RUSSIA-UKRAINE WAR
The supply of minerals and metals into Ukraine has been immediately impacted by Russia's armed incursion. Since much of the world has imposed sanctions on Russian banks and enterprises, buyers and sellers of aluminum, stainless steel, and other metals and raw materials are currently frantically trying to keep their trading lines open.
Another substantial Russian export is primary aluminum. According to the U.S. Census Bureau, 183,000 metric tons of finished and semi-finished aluminum produced in Russia made their way to the country in the first eleven months of 2021. That made Russia the second-largest supplier of aluminum to the United States last year, behind only the United Arab Emirates (and excluding adjacent free trade zone partners Canada and Mexico). This was despite prior sanctions.
IMPACT OF ONGOING RECESSION
Many companies, especially those in the manufacturing and construction industries, tend to reduce capital expenditures during a recession, including purchases of machinery like metal shredder machines. This can result in less demand for brand-new machinery. Economic downturns frequently cause a reduction in building and industrial projects, which lowers demand for metals. Because of this, there could be less scrap metal available for shredding, which might reduce the demand for metal shredder machines as a whole. During a recession, the market for scrap metal may become less active, which might result in reduced scrap metal prices. This may affect the financial performance of companies that recycle metal, particularly those that employ metal shredders.
By Type
Mechanical Shredder Machine
Shock Wave Shredder Machine
By Application
Iron and Steel
Aluminum and Copper
Non-Ferrous Metals
.png)
Need any customization research on Metal Shredder Machine Market - Enquiry Now
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
REGIONAL ANALYSES
Asia Pacific led the global market for metal shredder machines in terms of market share. It is projected that the region's market will expand, as a result of the region's rapid population increase, favorable government waste management and environmental protection regulations, and expanding economic development. The market in North America is anticipated to grow rapidly because of the presence of significant manufacturers in the U.S. and the rising need from different sectors for metal scrap. The government's increased emphasis on reducing the generation of metal trash and promoting the circular economy stimulates business development in the area.
Europe is expected to have rapid growth in the years to come. Expansion of the regional market is anticipated to be supported by government energy regulations that are strict and the large use of recycled scrap for secondary metal production. It's predicted that South America will see extraordinary growth. Market expansion is expected to be fueled by the expanding middle class in nations like Mexico, Brazil, and others, as well as accelerating industrialization. The Middle East and Africa will experience tremendous development as a result of the increased metal recycling across end-use industries.
The major Key players are Metso (Helsinki, Finland), Shredding Systems (Wilsonville, U.S.), UNTHA (Kuchl, Austria), WEIMA (South Carolina, U.S.), BCA Industries (Wisconsin, U.S.), Hammermills international (Oklahoma, U. S.), MOCO (Hessen, Germany), Ecostan (Punjab, India), Rapid Granulator (Bredaryd, Sweden), ANDRITZ (Graz, Austria), and others.
BCA Industries (Wisconsin, U.S.)-Company Financial Analysis
RECENT DEVELOPMENT
Metso Outotec: In November 2021, will invest in Alwar, India, to increase the manufacturing capacity of its current mobile track-mounted crushing and screening equipment. Construction on the new production facilities is anticipated to start in early 2022 and wrap up by the end of the year.
| Report Attributes | Details |
| Market Size in 2022 | US$ 958.0 Mn |
| Market Size by 2030 | US$ 1387.31 Mn |
| CAGR | CAGR of 4.2% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Mechanical Shredder Machine, Shock Wave Shredder Machine) • By Application (Iron and Steel, Aluminum and Copper, Non-Ferrous Metals) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Metso (Helsinki, Finland), Shredding Systems (Wilsonville, U.S.), UNTHA (Kuchl, Austria), WEIMA (South Carolina, U.S.), BCA Industries (Wisconsin, U.S.), Hammermills international (Oklahoma, U. S.), MOCO (Hessen, Germany), Ecostan (Punjab, India), Rapid Granulator (Bredaryd, Sweden), ANDRITZ (Graz, Austria), |
| Key Drivers | • Urbanization and industrialization Metal shredders are needed for trash reduction and recycling since growing industry and metropolitan areas produce a lot of metal garbage. • Technological Progress As a result of ongoing technical progress, metal shredder machines are now more effective and adaptable, which increases their appeal to a variety of sectors. |
| Market Opportunity | • Innovation and Personalisation Manufacturers have the chance to provide specialized and cutting-edge solutions, such cutting-edge automation and safety features, to fulfill certain industry requirements. • Initiatives for a Circular Economy Metal recycling and shredding can flourish in an environment that is favored by government and business initiatives to advance circular economy principles. |
The Metal Shredder Machine Market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
According to our analysis, the Metal Shredder Machine Market is anticipated to reach USD 1387.31 Million By 2030.
Developing nations like China, Brazil, and India are now the primary sources of the rise in urbanization and industrialization, which is driving the need for metal shredder machines. In addition, the developing economies of Latin America, Africa, and Asia-Pacific would present the most tempting prospects for international companies and foster the growth of the market for metal shredder machines. The increased need for extracting metal from slag waste will also provide new Chances for the metal shredders industry.
The leading participants in the Metal Shredder Machine Market are Metso (Helsinki, Finland), Shredding Systems (Wilsonville, U.S.), UNTHA (Kuchl, Austria), WEIMA (South Carolina, U.S.).
Yes, you may request customization based on your company's needs.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Metal Shredder Machine Market, By Type
8.1 Mechanical Shredder Machine
8.2 Shock Wave Shredder Machine
9. Metal Shredder Machine Market, By Application
9.1 Iron and Steel
9.2 Aluminum and Copper
9.3 Non-Ferrous Metals
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Metal Shredder Machine Market By Country
10.2.2North America Metal Shredder Machine Market By Type
10.2.3 North America Metal Shredder Machine Market By Application
10.2.4 USA
10.2.4.1 USA Metal Shredder Machine Market By Type
10.2.4.2 USA Metal Shredder Machine Market By Application
10.2.5 Canada
10.2.5.1 Canada Metal Shredder Machine Market By Type
10.2.5.2 Canada Metal Shredder Machine Market By Application
10.2.6 Mexico
10.2.6.1 Mexico Metal Shredder Machine Market By Type
10.2.6.2 Mexico Metal Shredder Machine Market By Application
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Metal Shredder Machine Market By Country
10.3.1.2 Eastern Europe Metal Shredder Machine Market By Type
10.3.1.3 Eastern Europe Metal Shredder Machine Market By Application
10.3.1.4 Poland
10.3.1.4.1 Poland Metal Shredder Machine Market By Type
10.3.1.4.2 Poland Metal Shredder Machine Market By Application
10.3.1.5 Romania
10.3.1.5.1 Romania Metal Shredder Machine Market By Type
10.3.1.5.2 Romania Metal Shredder Machine Market By Application
10.3.1.6 Hungary
10.3.1.6.1 Hungary Metal Shredder Machine Market By Type
10.3.1.6.2 Hungary Metal Shredder Machine Market By Application
10.3.1.7 Turkey
10.3.1.7.1 Turkey Metal Shredder Machine Market By Type
10.3.1.7.2 Turkey Metal Shredder Machine Market By Application
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Metal Shredder Machine Market By Type
10.3.1.8.2 Rest of Eastern Europe Metal Shredder Machine Market By Application
10.3.2 Western Europe
10.3.2.1 Western Europe Metal Shredder Machine Market By Country
10.3.2.2 Western Europe Metal Shredder Machine Market By Type
10.3.2.3 Western Europe Metal Shredder Machine Market By Application
10.3.2.4 Germany
10.3.2.4.1 Germany Metal Shredder Machine Market By Type
10.3.2.4.2 Germany Metal Shredder Machine Market By Application
10.3.2.5 France
10.3.2.5.1 France Metal Shredder Machine Market By Type
10.3.2.5.2 France Metal Shredder Machine Market By Application
10.3.2.6 UK
10.3.2.6.1 UK Metal Shredder Machine Market By Type
10.3.2.6.2 UK Metal Shredder Machine Market By Application
10.3.2.7 Italy
10.3.2.7.1 Italy Metal Shredder Machine Market By Type
10.3.2.7.2 Italy Metal Shredder Machine Market By Application
10.3.2.8 Spain
10.3.2.8.1 Spain Metal Shredder Machine Market By Type
10.3.2.8.2 Spain Metal Shredder Machine Market By Application
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Metal Shredder Machine Market By Type
10.3.2.9.2 Netherlands Metal Shredder Machine Market By Application
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Metal Shredder Machine Market By Type
10.3.2.10.2 Switzerland Metal Shredder Machine Market By Application
10.3.2.11 Austria
10.3.2.11.1 Austria Metal Shredder Machine Market By Type
10.3.2.11.2 Austria Metal Shredder Machine Market By Application
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Metal Shredder Machine Market By Type
10.3.2.12.2 Rest of Western Europe Metal Shredder Machine Market By Application
10.4 Asia-Pacific
10.4.1 Asia Pacific Metal Shredder Machine Market By Country
10.4.2 Asia Pacific Metal Shredder Machine Market By Type
10.4.3 Asia Pacific Metal Shredder Machine Market By Application
10.4.4 China
10.4.4.1 China Metal Shredder Machine Market By Type
10.4.4.2 China Metal Shredder Machine Market By Application
10.4.5 India
10.4.5.1 India Metal Shredder Machine Market By Type
10.4.5.2 India Metal Shredder Machine Market By Application
10.4.6 Japan
10.4.6.1 Japan Metal Shredder Machine Market By Type
10.4.6.2 Japan Metal Shredder Machine Market By Application
10.4.7 South Korea
10.4.7.1 South Korea Metal Shredder Machine Market By Type
10.4.7.2 South Korea Metal Shredder Machine Market By Application
10.4.8 Vietnam
10.4.8.1 Vietnam Metal Shredder Machine Market By Type
10.4.8.2 Vietnam Metal Shredder Machine Market By Application
10.4.9 Singapore
10.4.9.1 Singapore Metal Shredder Machine Market By Type
10.4.9.2 Singapore Metal Shredder Machine Market By Application
10.4.10 Australia
10.4.10.1 Australia Metal Shredder Machine Market By Type
10.4.10.2 Australia Metal Shredder Machine Market By Application
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Metal Shredder Machine Market By Type
10.4.11.2 Rest of Asia-Pacific APAC Metal Shredder Machine Market By Application
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Metal Shredder Machine Market By Country
10.5.1.2 Middle East Metal Shredder Machine Market By Type
10.5.1.3 Middle East Metal Shredder Machine Market By Application
10.5.1.4 UAE
10.5.1.4.1 UAE Metal Shredder Machine Market By Type
10.5.1.4.2 UAE Metal Shredder Machine Market By Application
10.5.1.5 Egypt
10.5.1.5.1 Egypt Metal Shredder Machine Market By Type
10.5.1.5.2 Egypt Metal Shredder Machine Market By Application
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Metal Shredder Machine Market By Type
10.5.1.6.2 Saudi Arabia Metal Shredder Machine Market By Application
10.5.1.7 Qatar
10.5.1.7.1 Qatar Metal Shredder Machine Market By Type
10.5.1.7.2 Qatar Metal Shredder Machine Market By Application
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Metal Shredder Machine Market By Type
10.5.1.8.2 Rest of Middle East Metal Shredder Machine Market By Application
10.5.2 Africa
10.5.2.1 Africa Metal Shredder Machine Market By Country
10.5.2.2 Africa Metal Shredder Machine Market By Type
10.5.2.3 Africa Metal Shredder Machine Market By Application
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Metal Shredder Machine Market By Type
10.5.2.4.2 Nigeria Metal Shredder Machine Market By Application
10.5.2.5 South Africa
10.5.2.5.1 South Africa Metal Shredder Machine Market By Type
10.5.2.5.2 South Africa Metal Shredder Machine Market By Application
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Metal Shredder Machine Market By Type
10.5.2.6.2 Rest of Africa Metal Shredder Machine Market By Application
10.6 Latin America
10.6.1 Latin America Metal Shredder Machine Market By Country
10.6.2 Latin America Metal Shredder Machine Market By Type
10.6.3 Latin America Metal Shredder Machine Market By Application
10.6.4 Brazil
10.6.4.1 Brazil Metal Shredder Machine Market By Type
10.6.4.2 Brazil Africa Metal Shredder Machine Market By Application
10.6.5 Argentina
10.6.5.1 Argentina Metal Shredder Machine Market By Type
10.6.5.2 Argentina Metal Shredder Machine Market By Application
10.6.6 Colombia
10.6.6.1 Colombia Metal Shredder Machine Market By Type
10.6.6.2 Colombia Metal Shredder Machine Market By Application
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Metal Shredder Machine Market By Type
10.6.7.2 Rest of Latin America Metal Shredder Machine Market By Application
11. Company Profile
11.1 Metso (Helsinki, Finland)
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/Equipment Types Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Shredding Systems (Wilsonville, U.S.)
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/Equipment Types Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 UNTHA (Kuchl, Austria)
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/Equipment Types Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 WEIMA (South Carolina, U.S.)
11.4.1 Company Overview
11.4.2 Financials
11.4.3 Product/Equipment Types Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 BCA Industries (Wisconsin, U.S.)
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/Equipment Types Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 Hammermills International (Oklahoma, U. S.)
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/Equipment Types Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 MOCO (Hessen, Germany)
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/Equipment Types Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Ecostan (Punjab, India)
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/Equipment Types Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Rapid Granulator (Bredaryd, Sweden)
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/Types Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 ANDRITZ (Graz, Austria)
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/Equipment Types Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. USE Cases and Best Practices
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Manufacturing Execution Systems Market Size was valued at USD 14.7 Billion in 2023 and is now anticipated to grow by USD 32.9 by 2032, displaying a compound annual growth rate (CAGR) of 9.4% during the forecast Period 2024-2032.
The Automatic Lubrication System Market size was estimated at USD 1001.71 million in 2023 and is expected to reach USD 1424.55 million by 2031 at a CAGR of 4.5% during the forecast period of 2024-2031.
The Industrial Air Filtration Market size was valued at USD 7.33 Billion in 2023 and is expected to reach USD 12.83 Billion by 2032 and grow at a CAGR of 6.42% over the forecast period 2024-2032.
The Injection Molding Machine Market size was estimated at USD 15.95 billion in 2023 and is expected to reach USD 24.53 billion by 2032 at a CAGR of 4.9% during the forecast period of 2024-2032.
The Welding Electrodes Market size was estimated at USD 3.4 billion in 2023 and is expected to reach USD 4.47 billion By 2032 at a CAGR of 3.1% during the forecast period of 2024-2032.
The Material Handling Equipment Market size was estimated at USD 216.77 Billion in 2023 and is expected to reach USD 353.67 Billion by 2032 at a CAGR of 5.59% during the forecast period of 2024-2032.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
