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Slow Speed Shredding Machines Market Share

Report ID: GMI4102
Published Date: Mar 2021
Report Format: PDF

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Slow Speed Shredding Machines Market Share

Some of the prominent players in the slow speed shredding machines market are:

EDGE Innovate. (NI) Ltd
Terex Corporation
GENOX Recycling Tech Co., Ltd
SSI Shredding Systems, Inc
Komptech Group
Williams Patent Crusher and Pulverizer Co., Inc
ZERMA Machinery & Recycling Technology
Granutech-Saturn Systems
LINDNER-RECYCLINGTECH GMBH
Bandit Industries, Inc
Amstar Machinery Co., Ltd
FORNNAX Technology Pvt Ltd

These manufacturers have implemented many aggressive strategies, such as mergers & acquisitions and new product development, to bolster their competitive advantage in the market. In December 2019, Terex ECOTEC, a subsidiary of Terex Corporation, launched a new slow-speed, twin shaft shredder, TDS 825. This product is well-suited for large-scale operations and is ideal for various types of materials including bulky waste, household waste, commercial waste, waste wood, green waste, tree stumps, and roots. This new product has strengthened the company’s portfolio in the slow speed shredding machines industry.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Slow speed shredding machines market size was valued at more than USD 161.9 million in 2020 and will register a CAGR of over 6% through 2027.

Twin shaft shredders segment had accounted for over 55% of the market share owing to rising waste management and waste recycling activities globally.

Consumer waste application had held a nearly 70% of the share of slow speed shredding machines market in 2020 and will grow with favorable government initiatives towards efficient waste management.

Europe slow speed shredding machines market had recorded a valuation of over USD 80 million in 2020 and will grow over the coming years with increasing initiatives pertaining to waste management in the region.