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Metal Recycling Equipment Market Growth From $8.19 Billion In 2026 To $10.78 Billion By 2030 At A CAGR Of 7.1%
The metal recycling equipment market size has shown strong growth in recent years. It is projected to increase from $7.64 billion in 2025 to $8.19 billion in 2026, at a compound annual growth rate (CAGR) of 7.2%. Historically, this growth can be attributed to factors such as the rise in industrial metal waste generation, the increasing demand for recycled metals, the cost advantages of secondary metal production, regulatory initiatives for waste reduction, and the expansion of the automotive and construction industries.
The metal recycling equipment market size is projected to experience substantial expansion over the upcoming years. This market is anticipated to reach $10.78 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 7.1%. This growth during the forecast period can be attributed to several factors, including an intensified focus on circular economy practices, a surge in electric vehicle manufacturing driving up demand for metal recycling, ongoing innovations in metal sorting and processing technologies, increased funding directed towards recycling infrastructure, and more stringent environmental compliance mandates. Key trends anticipated during the forecast period involve a heightened demand for machinery used in processing scrap metal, a wider embrace of high-capacity shredding systems, greater deployment of briquetting machines for reducing metal waste, the proliferation of mobile recycling equipment at collection points, and enhanced effectiveness in separating ferrous and non-ferrous metals.
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Metal Recycling Equipment Market Industry Drivers: What Is Driving Revenue Growth?
The anticipated increase in demand for construction is projected to fuel the expansion of the metal recycling equipment market. Construction typically involves the process of erecting substantial structures. Within this sector, metal recycling equipment finds application in repurposing recovered metal materials, thereby minimizing waste and fostering environmentally sound building approaches. For example, data from Rethinking The Future, an architecture and design platform based in India, indicates that the Canadian construction industry is set to achieve an 8.5% compound annual growth rate (CAGR) by 2024. Consequently, the valuation of Canada’s construction industry will reach $354.9 billion (USD). This escalating need for construction activities is, therefore, a key factor propelling the advancement of the metal recycling equipment market.
Metal Recycling Equipment Market Segment Outlook: Which Categories Are Expanding The Fastest?
The metal recycling equipment market covered in this report is segmented –
1) By Machine Type: Shredders, Briquetting Machines, Shears, Granulating Machines
2) By Material Type: Ferrous, Non-Ferrous, Alloys And Composites
3) By Application: Automotive, Building And Construction, Ship Building, Equipment Manufacturing, Packaging, Consumer Appliances
Subsegments:
1) By Shredders: Industrial Shredders, Mobile Shredders, Heavy-Duty Shredders
2) By Briquetting Machines: Hydraulic Briquetting Machines, Mechanical Briquetting Machines
3) By Shears: Hydraulic Alligator Shears, Hydraulic Guillotine Shears, Mobile Scrap Shears, Stationary Scrap Shears, Container Shears
4) By Granulating Machines: Granulators For Ferrous Metals, Granulators For Non-Ferrous Metals, Fine Granulating Machines
#Metal Recycling Equipment Market Growth Trends: What Is Influencing The Future Outlook?
Major companies in the metal recycling equipment market are introducing new platforms, such as artificial intelligence-powered object detection, which enables the precise identification of individual metals even when pieces are overlapping or partially hidden. Artificial Intelligence (AI) powered object detection is a technology that allows machines to identify and locate individual objects within an image or video using artificial intelligence algorithms, rather than relying on simple color or shape rules. For instance, in September 2025, TOMRA, a Norway-based recycling technology company, unveiled FINDER COLOR, a next-generation optical sorting solution for metal recycling. Designed with AI-powered object detection and RGB imaging, FINDER COLOR meticulously analyzes color and size to sort metals with high precision. This solution enhances recovery rates and was developed through collaboration with leading metal recycling operators.
Metal Recycling Equipment Market Key Companies And Competitive Benchmarking
Major companies operating in the metal recycling equipment market are Hitachi Construction Machinery Co. Ltd., Metso Corporation, CP Manufacturing Inc., JMC Recycling Systems Ltd., Green Machine Sales LLC, Zato Srl, American Baler Company, Marathon Equipment, General Kinematics India Pvt Ltd., Danieli Centro Recycling S.r.l., Steinert GmbH, Eriez Manufacturing Co., BHS-Sonthofen GmbH, Wendt Corporation, MTB Recycling, Eldan Recycling A/S, Andritz AG, Bano Recycling Srl, Coparm Srl, Forrec Srl, Guidetti Recycling Systems, Hammel Recyclingtechnik GmbH, Komptech GmbH, Lindner-Recyclingtech GmbH, Redwave (BT-Wolfgang Binder GmbH), SGM Magnetics Corporation, Stokkermill S.r.l., TITECH GmbH, Vecoplan AG
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Metal Recycling Equipment Market Largest Region By Revenue And Market Share
Asia-Pacific was the largest region in the metal recycling equipment market in 2025 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the metal recycling equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.