The global composting equipment market is projected to be valued at USD 124.3 million in 2023, with an anticipated growth rate of 3.6% CAGR, reaching USD 177 million by 2033. This growth can be attributed to shifts in consumer lifestyles.
Composting equipment is utilized to produce fertilizer and rich soil conditioners (humus) from organic materials, including animal waste, municipal sludge, carcasses, and food by-products. These organic composting systems rely on a balanced environment of oxygen, nitrogen, and water to facilitate the composting process.
Various types of composting equipment are available to create compost for both plant nutrition and commercial purposes. Designed and manufactured to meet industry standards, many small-scale composting solutions are suitable for diverse applications, such as at golf courses, universities, hospitals, and shopping malls.
One significant factor contributing to the growth of the composting equipment market is the expansion of the agriculture sector, driven by government investments in developing countries like China, India, and Brazil. Other macroeconomic influences boosting the global market include the growth of emerging economies, rising employment rates, and evolving consumer lifestyles.
Additionally, the increasing demand for composting equipment in the manufacturing sector is propelling market growth. There is also a notable rise in demand for composting solutions for residential use, which further supports the expansion of the composting equipment market.
Other factors expected to enhance the composting equipment market during the analysis period include rapid industrialization worldwide and the increasing need for composting equipment in industrial applications, such as high-fiber and tunnel composting.
Key Companies Profiled
- Midwest Biosystems, Inc.
- Compost Systems
- Kollvik Advanced Compositing Solutions
- Green Mountain Technologies
- BDP Industries
- Covestro
- Blackhawk Composites
- Advanced Composite Tooling
- Kirkco Corporation
- Danner
- Ershings, Inc.
- Wet Technologies
- Advanced Process Technology, Inc.
- BriskHeat Corporation
- Applied Heat Composite Repair Systems Inc.
Key Segments Profiled in the Compositing Equipment Industry Survey
By End Use:
- Commercial/Residential (Small- Scale) Compositing
- Compositing Toilet
- German Mound
- Ecuador Compositing Method
- Sheet Compositing
- Vermicompositing
- Container Compositing
- Trench Compositing
- Hot Container Compositing
- Industrial (Large Scale) Compositing Equipment
- Aerated Static Pile Compositing
- Windrow Compositing
- In-vessel Compositing
- Mechanical & Biological Treatment
- High Fiber Compositing
- Tunnel Compositing
- Vermicompositing
By Product Type:
- Compost Containers
- Compost Turners
- Compost Bins
- Compost Tumblers
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East & Africa
Report Preview: https://www.futuremarketinsights.com/reports/compositing-equipment-market
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