An industrial shredder can shred all kinds of materials such as tires, car wrecks, metals, plastics, wood, and garbage. However, the shredding process depends on the machine's design and size. Shredders are available in numerous sizes and designs. Design variations include horizontal hammer mills, vertical hammer mills, and slow speed and shear-type shredders of single, dual, triple, and quad shaft design. It also includes shaft grinders of single or dual-shaft design, knife hogs, granulators, raspers, flails, mawlers, cracker mills, and refining mills.
Technavio’s analysts forecast the global scrap metal shredder market to grow at a CAGR of (0.70)% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global scrap metal shredder market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - Americas
- APAC
- EMEA
Technavio's report, Global Scrap Metal Shredder Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - Advance Hydrau Tech
- ANDRITZ
- BCA Industries
- Brentwood
- ECO Green Equipment
- Ecostan
- Granutech-Saturn Systems
- Hammermills International
- MOCO Maschinen- und Apparatebau
- Rapid Granulator
- Servo International
- Vecoplan
Market driver - Increase in automation: Industrial revolution.
- For a full, detailed list, view our report
Market challenge - Decline in commodity prices reducing demand for scrap.
- For a full, detailed list, view our report
Market trend - Evolution of waste management techniques to suit low-grade ores.
- For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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Metal Manufacturing
Europe
APAC
Car Sales
Greenhouse Gas Emissions
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