Pipe Crusher Market Share is Anticipated to Hit US$ 1.34 Billion at 5.1% CAGR by 2033, States Fact.MR

Rockville, May 25, 2023 (GLOBE NEWSWIRE) -- According to this latest study by Fact.MR, a provider of market research and competitive intelligence, the global pipe crusher market is expected to reach a value of US$ 1.34 billion by 2033, demonstrating a compound annual growth rate of 5.1% over the next ten years.

A pipe crusher, also known as a pipe shredder or pipe granulator, is an industrial machine designed to break down or crush various types of pipes into smaller pieces. These machines are commonly used in recycling facilities, construction sites, and other industries where pipes need to be processed for recycling or disposal. Pipe crushers play a crucial role in waste management by efficiently processing and disposing of pipes.

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They help minimize the volume of waste material, enabling more efficient waste transportation and storage. Proper waste management, including the use of pipe crushers, helps reduce the environmental impact of waste disposal.

One of the key benefits of automation in pipe crushers is improved operational efficiency. Automated systems can streamline the entire crushing process, eliminating manual interventions and reducing human error. With automated feeding systems, pipes can be loaded into the crusher seamlessly, ensuring a continuous and uninterrupted operation. This not only increases the overall throughput but also minimizes downtime and enhances productivity.

Key Takeaways from Market Study 

• The global pipe crusher market is valued at US$ 817.64 million in 2023.
• Worldwide demand for pipe crushers is projected to increase at a CAGR of 5.1% from 2023 to 2033.
• The global market is estimated to reach US$ 1.34 billion by the end of 2033.
• The market in the United Kingdom is projected to rise at a 4.2% CAGR through 2033.
• India’s pipe crusher market is set to expand at a CAGR of 3% during the forecast period.
  

Increasing number of natural gas and crude oil pipelines, as well as growing usage of horizontal drilling for oil & gas production, will drive the demand growth for pipe crushers, says a Fact.MR analyst.

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Market Competition
Companies manufacturing pipe crushers are forming strategic alliances and partnerships with other industry players to leverage complementary strengths, access new markets, and enhance product offerings. Such collaborations are leading to the development of innovative solutions and expanded market reach.

• To become a top provider of mining technology and services globally, FLSmidth purchased TK Mining in September 2022. TK Mining is one of the top providers of complete line solutions for handling materials, mine systems, processing of minerals, and services.
  

Key Companies

• Aceretech Machinery
• ELANT
• Franklin Miller Inc
• Fulcrum Technology
• GENIUS MACHINERY CO., LTD.
• Net Plasmak
• NICETY
• Rothenberger
• Wiscon Envirotech Inc.
• Zhangjiagang Huade Machinery

Key Segments of Pipe Crusher Industry Research

• By Type:
  • Shredders
    • Single Shaft
      • Single Motor
      • Double Motor
    • Double Shaft
      • Single Motor
      • Double Motor
  • Granulators
• By Rotor Diameter:
  • Up to 400 mm
  • 401 to 600 mm
  • 601 to 800 mm
  • Above 800 mm
• By Number of Blades:
  • Up to 15
  • 18 to 24
  • Above 24
• By Main Drive:
  • 20 to 60 HP (15 to 45 KW)
  • 60 to 100 HP (45 to 75 KW)
  • 100 to 150 HP (75 to 110 KW)
  • 150 to 200 HP (110 to 150 KW)
• By Capacity:
  • Up to 400 Kg/Hr
  • 401 to 1,200 Kg/Hr
  • 1,201 to 1,600 Kg/Hr
  • Above 1,600 Kg/Hr
• By Region:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global pipe crusher market, presenting historical demand data for 2018 to 2022 and forecast statistics for 2023 to 2033. 

The study divulges essential insights into the market based on type (shredders (single shaft (single motor, dual motor), dual shaft (single motor, dual motor)), granulators), rotor diameter (mm) (up to 400 mm, 401 to 600 mm, 601 to 800 mm, above 800 mm), number of blades (up to 15, 18 to 24, above 24), main drive (20 to 60 HP (15 to 45 KW), 60 to 100 HP ( 45 to 75 KW), 100 to 150 HP (75 to 110 KW), 150 to 200 HP (110 to 150 KW)), and capacity (Kg/Hr) (up to 400 kg/hr, 401 to 1,200 kg/hr, 1,201 to 1,600 kg/hr, above 1,600 kg/hr), across five major regions of the world.

Key Questions Covered in the Pipe Crusher Market Report

• What will be the estimated size of the Market in 2023?
• At what rate will the global Pipe Crusher sales grow until 2033?
• Which are the factors hampering the Pipe Crusher demand?
• Which region will spearhead the growth in the global industry by 2033?
• Which are the factors driving sales in the Pipe Crusher Market during the forecast period?
  

Check out more related studies published by Fact.MR Research:
Glass Crusher Market Size: The global glass crusher market size has reached US$ 590.3 million in 2022 and is expected to increase at a CAGR of 5.8% to reach a market valuation of US$ 1 billion by the end of 2032. Sales of glass crushers accounted for nearly 17% share of the global glass recycling market at the end of 2021.

Aluminium Can Crusher Market Share: The Europe Aluminium Can Crusher Market share is set to reach US$ 250.6 million in 2023 and is projected to grow at a CAGR of 4.3% to reach US$ 380.6 million by the end of 2033. The aluminium can crusher market is becoming increasingly competitive as more companies focus on niche consumer markets.

Europe Recycling Crusher Market Revenue: The Europe recycling crusher market reached a value of US$ 259.6 million in 2023 and further expand at a CAGR of 3.9% to reach US$ 380.9 million by the end of 2033. The growth is attributed to the increasing waste recycling activities to decrease waste and maintain a circular economy.

Europe Glass Crusher Market Growth: The Europe Glass Crusher Market growth is set to reach US$ 170.4 million in 2023, and is projected to grow at a CAGR of 5.1% to reach US$ 280.6 million by the end of 2033. Demand from HoReCa and the food and beverage sector will increase as they seek to meet the need to eliminate increasing amounts of waste.

Barite Crusher Market Segmentation: The global barite crusher market can segmentation on the basis of application as construction, mining and industrial application. The significant growth of the construction industrial activities is anticipated to promote the growth of the global barite crusher market during the forecast period.

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