About Glass Crusher
The glass crusher is manufactured for the destruction of glass bottles, it is used to produce cullet similar to the rock crushing equipment. It reduces the size or densifies the cullet for transportation purposes and easy to handle for the recycling purpose. The glass crusher machines are categorized into shearing, hammer, and composite glass crusher according to the various types of glass products to be crushed and the place they are going to be used in, such as industrial place, bars, restaurants, etc. With the rising pollution around the world and depleting natural resources, there is a need for glass recycling which is driving the glass crusher market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.8% |
The competitive landscape for glass crushers is likely to become more intense in the coming years, as new technologies emerge and sustainability becomes an even greater priority. However, the market is also expected to grow significantly, which means there will be opportunities for both new and established players. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Glass Crusher market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
American Pulverizer Co. (United States), McLanahan Corporation (United States), Compactor Management Company (United States), Expleco Limited (United Kingdom), EARTHTECHNICA Co., Ltd. (Japan), Compactors Inc. (United States), Harden Machinery Ltd. (China) and PEL - Waste Reduction Equipment (Ireland) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are K&W Mining Machinery Company (China) and Zhengzhou CAESAR Heavy Industries Co., Ltd, (China).
Segmentation Overview
AMA Research has segmented the market of Global Glass Crusher market by Type (Shearing Glass Crusher, Hammer Glass Crusher and Composite Glass Crusher), Application (Bars, Restaurants, Hotels, Passenger Ships, Laboratories and Others) and Region.
On the basis of geography, the market of Glass Crusher has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Operation, the sub-segment i.e. Manual will boost the Glass Crusher market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Glass Crusher Equipment and Increasing Use of Automatic Glass Crusher
Market Growth Drivers:
The increasing need for eradicating industrial pollution as the level of glass pollutants released on a daily basis around the world is very alarming. For this glass recycling can be done which reduces the emissions of air and water pollution by approximately 20% to 40%. The glass recycling also helps in the conservation of natural resources by saving the resources which the world already has.
Challenges:
Maintenance Related Issues Due to Heavyweight of Glass Crusher
Restraints:
High Cost Associated with Glass Recycling will Hamper the Growth of Glass Crusher Market and Safety Risks Involved with Glass Crusher Machines
Opportunities:
Surging Demand for Glass Crusher from Developing Countries Because of the Awareness Regarding Impact of Glass Pollution on Environment
Market Leaders and their expansionary development strategies
In November 2023, Glass Recycling Alliance partnered with the National Waste & Recycling Association (NWRA) to launch a public awareness campaign promoting glass recycling.
In September 2023, Peterson Pacific Corporation unveiled the Pacific Predator XP Glass Crusher, specifically designed for processing mixed waste streams containing glass.
"California passed legislation requiring that insulation glass used in the state contain 30% cullet and that container glass be made with at least 35% cullet. And North Carolina enacted an on-premise recycling bill that requires alcoholic-beverage-permit holders to recycle bottles and cans. Some European countries recycle more than 90% of their waste glass. US glass-industry trade groups are working with manufacturers and government agencies to boost the numbers. These efforts begin with a top-to-bottom analysis of glass recycling to identify areas for improvement."
Key Target Audience
Glass Crusher Manufacturers, Glass Crusher International Traders, Glass Crusher Distributors and Suppliers, Research and Development Institutes, Potential Investors, Industry Associations, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.