The global Plastic Sorting Machine market was valued at 152.4 Million USD in 2021 and will grow with a CAGR of 11.36% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Most plastic reclaimers do not rely on the RIC now; they use various sorting systems to identify the resin, ranging from manual sorting and picking of plastic materials to automated mechanical processes that involve shredding, sieving, separation by density, air, liquid, or magnetic, and complex spectrophotometric distribution technologies e.g. UV/VIS, NIR, laser, etc.As for Global Plastic Sorting Machine market, there are several key players, like Tomra, Buhler, Satake. Asia-Pacific is the largest consumption region of Plastic Sorting Machine, with a consumption market share nearly 53% in 2019. The second place is Europe; following Asia-Pacific with the consumption market share over 28% in 2019.

By Market Verdors:

Tomra

Pellenc ST

Bühler

Steinert

Satake

Redwave (BT-Wolfgang Binder GmbH)

Sesotec GmbH

Hefei Meyer Optoelectronic Technology Inc.

Binder+Co AG

Daewon GSI Co., Ltd.

Anhui Zhongke Optic-electronic Sorting Machine Machinery Co., Ltd.

Hefei Taihe Optoelectronic Technology Co., Ltd.

Anzai

Key Technology

By Types:

Chute-Type Sorting Machine

Belt-Type Sorting Machine

By Applications:

Plastic Flakes/Particles

Pretreatment Plastics

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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