Metal Recycling Equipment Market Report 2026

The metal recycling equipment market size has grown strongly in recent years. It will grow from $7.64 billion in 2025 to $8.19 billion in 2026 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to growth in industrial metal waste generation, increasing demand for recycled metals, cost advantages of secondary metal production, regulatory push for waste reduction, expansion of automotive and construction industries.

The metal recycling equipment market size is expected to see strong growth in the next few years. It will grow to $10.78 billion in 2030 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to rising focus on circular economy practices, increasing electric vehicle production boosting metal recycling demand, advancements in metal sorting and processing technologies, growing investments in recycling infrastructure, stricter environmental compliance requirements. Major trends in the forecast period include rising demand for scrap metal processing equipment, growing adoption of high capacity shredding systems, increasing use of briquetting machines for metal waste reduction, expansion of mobile recycling equipment at collection sites, improved efficiency in ferrous and non ferrous metal separation.

The growing demand for construction is expected to drive the growth of the metal recycling equipment market going forward. Construction refers to the process of building structures, typically large-scale projects. Metal recycling equipment is used in construction to repurpose salvaged metal materials, reducing waste and supporting sustainable building practices. For example, according to Rethinking The Future, an India-based architecture and design platform, the Canadian construction industry is projected to grow at an 8.5% compound annual growth rate (CAGR) by 2024, increasing the sector’s value to $354.9 billion (USD). Therefore, the rising demand for construction is contributing to the expansion of the metal recycling equipment market.

Major companies in the metal recycling equipment market are introducing new technologies, such as artificial intelligence-powered object detection, which enables precise identification of individual metals even when pieces are overlapping or partially obscured. AI-powered object detection uses artificial intelligence algorithms to identify and locate objects within images or video, rather than relying solely on basic color or shape recognition. For instance, in September 2025, TOMRA, a Norway-based recycling technology company, launched FINDER COLOR, a next-generation optical sorting solution for metal recycling. Equipped with AI-powered object detection and RGB imaging, FINDER COLOR analyzes color and size to sort metals with high precision. The solution enhances recovery rates and was developed in collaboration with leading metal recycling operators.

In July 2023, Lefort, a Belgium-based manufacturer of high-quality scrap metal recycling equipment, acquired Copex for an undisclosed amount. This acquisition is aimed at leveraging expertise, expanding product offerings, and enhancing global presence in the recycling industry. Copex, based in France, specializes in producing hydraulic shears and balers used for processing scrap metal, metals, and solid waste.

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.

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. The countries covered in the metal recycling equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The metal recycling equipment market consists of sales of balers, shears, shredders, chip briquetting machine. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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