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Global Scrap Metal Shredder Market: By Type: Diesel, Electric; By Design: Low-Speed High-Torque Shredder, Pre-Shredder, Single-Shafted Shredder, Others; By Application: Ferrous Metals, Automobile, E-Scrap, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments

Global Scrap Metal Shredder Market Outlook

The global scrap metal shredder market is expected to grow at a CAGR of 2% in the forecast period of 2022-2027.

 

Scrap Metal Shredder Market

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Growing Demand Across Various Application Sectors to Drive the Demand for Scrap Metal Shredder

The scrap metal shredder machines are the key equipment for manufacturers engaged in the recycling of metals as well as in the automotive and steel manufacturing industries. The high prices of metal and stringent environmental regulations are pushing the companies to be more efficient and invest in machinery like scrap metal shredders, making judicious utilisation of the resources. The shredded metals can be reused after further processing and can be moulded into different shapes and forms based on the requirement.

 

North America to be a Significant Region in the Scrap Metal Shredder Industry Globally

North America is expected to be one of the leading regions in the global market for scrap metal shredder owing to the growing focus of governments in reducing metal waste and promoting circular economy. Meanwhile, the Asia Pacific is expected to witness a healthy growth in the forecast period due to the rapid industrialisation in the region and the growing focus on sustainable development.

 

Scrap Metal Shredder: Industry Definition and Segmentation

Scrap metal shredder is a kind of machine used for shredding the waste metal and reducing its volume to convert it into small and reusable pieces. These metal shredders are available in different capacities to produce required output sizes for processing various metals. The blades of the machine are made from special steel to enhance its life expectancy and reduce its maintenance cost on such parts.

 

Scrap Metal Shredder Market by Application

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Based on type, the market is bifurcated into:

  • Diesel
  • Electric

Based on design, the industry can be segmented into:

  • Low-Speed High-Torque Shredder
  • Pre-Shredder
  • Single-Shafted Shredder
  • Others

The major applications of the product include:

  • Ferrous Metals
  • Automobile
  • E-Scrap
  • Heavy Scrap
  • Steel
  • Turnings
  • Firearms
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Scrap Metal Shredder Market by Region

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Favourable Government Measures to Drive the Demand for Scrap Metal Shredder

The growing environmental concern and favourable government initiatives are driving the growth of the scrap metal shredder industry. The growing urbanisation and industrialisation, particularly in emerging nations, are driving the demand for metals in different sectors like construction and others. The growing need to adopt sustainable development plans and to reduce the volume of waste metals are, in turn, driving the demand for scrap metal shredders. Steel mills are heavily spending on such machineries to shred vehicles and other junk metals for use as raw material. In the coming years, the implementation of new tariffs by the governments across the globe to turn heavy manufacturing industries cleaner is expected to boost the sales of the product.

However, the recycling market, which is one of the primary sectors of the commodities market, is expected to get affected by the changing trade scenarios in different countries amidst the COVID-19 pandemic. The economic stability is a major factor affecting the scrap market as it is highly dependent on the metal prices. Thus, the fluctuations in domestic and global commodities markets are expected to affect the growth of the scrap shredder industry in the forecast period.

 

Key Industry Players in the Global Scrap Metal Shredder Market

The report gives a detailed analysis of the following key players in the global scrap metal shredder market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Granutech-Saturn Systems 
  • Komar Industries, Inc
  • Forrec srl
  • Williams Patent Crusher and Pulverizer Co., Inc.
  • SSI Shredding Systems, Inc.
  • Fornax Technology Pvt Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Design, Application, Region
Breakup by Type Diesel, Electric
Breakup by Design Low-Speed High-Torque Shredder, Pre-Shredder, Single-Shafted Shredder, Others
Breakup by Application Ferrous Metals, Automobile, E-Scrap, Heavy Scrap, Steel, Turnings, Firearms, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Granutech-Saturn Systems, Komar Industries, Inc, Forrec srl, Williams Patent Crusher and Pulverizer Co., Inc., SSI Shredding Systems, Inc., Fornax Technology Pvt Ltd, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Scrap Metal Shredder Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Scrap Metal Shredder Historical Market (2017-2021) 
    8.3    Global Scrap Metal Shredder Market Forecast (2022-2027)
    8.4    Global Scrap Metal Shredder Market by Type
        8.4.1    Diesel
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Electric
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Scrap Metal Shredder Market by Design
        8.5.1    Low-Speed High-Torque Shredder
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Pre-Shredder
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Single-Shafted Shredder
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Others
    8.6    Global Scrap Metal Shredder Market by Application
        8.6.1    Ferrous Metals
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Automobile
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    E-Scrap
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Heavy Scrap
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    Steel
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2017-2021)
            8.6.5.3    Forecast Trend (2022-2027)
        8.6.6    Turnings
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2017-2021)
            8.6.6.3    Forecast Trend (2022-2027)
        8.6.7    Firearms
            8.6.7.1    Market Share
            8.6.7.2    Historical Trend (2017-2021)
            8.6.7.3    Forecast Trend (2022-2027)
        8.6.8    Others
    8.7    Global Scrap Metal Shredder Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Granutech-Saturn Systems 
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Komar Industries, Inc
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Forrec srl
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Williams Patent Crusher and Pulverizer Co., Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    SSI Shredding Systems, Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Fornax Technology Pvt Ltd
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Scrap Metal Shredder Market: Key Industry Highlights, 2016 and 2026
2.    Global Scrap Metal Shredder Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Scrap Metal Shredder Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Scrap Metal Shredder Historical Market: Breakup by Design (USD Billion), 2017-2021
5.    Global Scrap Metal Shredder Market Forecast: Breakup by Design (USD Billion), 2022-2027
6.    Global Scrap Metal Shredder Historical Market: Breakup by Application (USD Billion)    , 2017-2021
7.    Global Scrap Metal Shredder Market Forecast: Breakup by Application (USD Billion), 2022-2027
8.    Global Scrap Metal Shredder Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Scrap Metal Shredder Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Scrap Metal Shredder Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Scrap Metal Shredder Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Scrap Metal Shredder Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Scrap Metal Shredder Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Scrap Metal Shredder Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Scrap Metal Shredder Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Scrap Metal Shredder Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Scrap Metal Shredder Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Scrap Metal Shredder Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Scrap Metal Shredder Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Global Scrap Metal Shredder Market Structure

Key Questions Answered in the Report

The global scrap metal shredder market is projected to grow at a CAGR of 2% between 2021 and 2026.

The major drivers of the industry, such as rising prices of metal, implementation of stringent environmental regulations, rising investments into the industry, rapid urbanisation and industrialisation, and rising demand for construction, are expected to aid the market growth.

The key market trends guiding the growth of the market include the rising environmental concern, growing adoption of sustainable development plans, and increasing need to reduce the volume of waste metals.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of scrap metal shredder in the market are diesel and electric.

The major designs of scrap metal shredder in the industry are low-speed high-torque shredder, pre-shredder, and single-shafted shredder, among others.

The significant application segments in the market are ferrous metals, automobile, e-scrap, heavy scrap, steel, turnings, and firearms, among others.

The major players in the industry are Granutech-Saturn Systems, Komar Industries, Inc, Forrec srl, Williams Patent Crusher and Pulverizer Co., Inc., SSI Shredding Systems, Inc., and Fornax Technology Pvt Ltd, among others.

Analyst Review

The global scrap metal shredder market is being driven by the rising introduction of favourable government regulations. Aided by the rising introduction of sustainable development plans, the market is expected to witness a moderate growth in the forecast period of 2022-2027 , growing at a CAGR of 2%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market is divided into diesel and electric. On the basis of design, the industry is segmented into low-speed high-torque shredder, pre-shredder, and single-shafted shredder, among others. Based on application, the market is categorised into ferrous metals, automobile, e-scrap, heavy scrap, steel, turnings, and firearms, among others. The major regional markets for scrap metal shredder are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Granutech-Saturn Systems, Komar Industries, Inc, Forrec srl, Williams Patent Crusher and Pulverizer Co., Inc., SSI Shredding Systems, Inc., and Fornax Technology Pvt Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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