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Global Industrial Shredder mMrket Research

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The Industrial Shredder market is expected to reach USD 872.57 M USD by 2022, at a CAGR of 1.65% between 2017 and 2022. The major factors contributing

Global Industrial Shredder market is expected to reach USD 872.57 M USD by 2022The Industrial Shredder market is expected to reach USD 872.57 M USD by 2022, at a CAGR of 1.65% between 2017 and 2022. The major factors contributing to the growth of this market include the growing waste treatment service.Publisher: QYResearchPublished Date: 2018/7/13In the last several years, global market of industrial shredder developed stable, with CAGR of 1.2% in the past five years. In 2016, Global Market Size of industrial shredder is nearly 789.47 M USD; the actual sale is about 24452 Units. The market is expected to reach USD 872.57 M USD by 2022, at a CAGR of 1.65% between 2017 and 2022. The major factors contributing to the growth of this market include the growing waste treatment service.The global average price of industrial shredder is stable from 2012 to 2016. With the situation of global economy, prices will be in slowly decreasing trend in the following five years.The classification of industrial shredder includes Single Shaft Industrial Shredder, Two Shaft Industrial Shredder and Four Shaft Industrial Shredder, and the proportion of Single Shaft Industrial Shredder in 2016 is about 49%.Industrial shredder is widely used in Waste Electronic and Electronic Equipment Recycling (WEEE), Municipal Solid Waste Recycling (MSW), Paper – Reject Recycling, Wood Waste Recycling, RDF Recycling.China is the largest consumption region of industrial shredder, with a consumption market share nearly 29% in 2016. Europe is the second largest consumption region of industrial shredder, enjoying consumption value market share nearly 22% in 2016.Market competition is not intense. China Shredder, Weima, Lindner-Recyclingtech, SSI Shredding Systems, Untha, Vecoplan, Genox, Erdwich, Granutech-Saturn Systems, Forrec srl, ZERMA are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.Click to view the full report: This article was first released by QYResearch, if reproduced, please indicate the source.

https://www.qyresearch.com/index/detail/563706/global-industrial-shredder-sales-market

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