Compost Turning Machine Market Report Perspective with Study of Leading Players 2028
Over 3,200 compost turning machines were sold globally, in
2018, which is likely to rise at a moderate pace in 2019 and ahead. The compost
turning machine market is foreseen to gather momentum in the near future,
primarily driven by the increasing severity of waste management and soil
quality management concerns.
A new research report of Future Market Insights (FMI) tracks
global compost turning machine market performance over
2018-2028 and analyzes the demand patterns of compost turning machine on the
basis of various attributes such as product type, output capacity, end-use industries,
and region.
Drum type compost turner machine is likely to maintain a
dominating market value share through 2028, as indicated by the report.
However, elevating face type compost turner machine that currently accounts for
more than a third of the total market value, is projected to gain significant
traction in the years to come. The report has attributed this growth to
manufacturers’ focus on developing new technologies for compost turning
machines as per the demand from different countries.
To Know More@
https://www.futuremarketinsights.com/reports/compost-turning-machine-market
Increasing Concern about Food Waste Management &
Recycling Pushing Demand
Increasing frequency of environmental changes is compelling
consumers to move towards food waste recycling machines. Moreover, there has
been an increasing level of awareness about food wastage among consumers, which
is highlighting the importance of food waste recycling machines. This is one of
the primary boosters for the revenue growth of compost turning machine market.
According to research, the household sector accounts for over half of the food
wasted, particularly in developed countries. Such factors are more likely to
elevate the demand for compost turning machines throughout the forecast period.
Request a Sample Report with Table of Contents and
Figures@
https://www.futuremarketinsights.com/reports/sample/rep-gb-4061
Agriculture Industry Will Remain Significant End-use
Segment in Compost Turning Machine Market
The agricultural end use of compost turning machine is
expected to be a highly influential segment in compost turning machine market,
according to the report. FMI has attributed the maximum market value share of
agricultural industry in compost turning machine market to the growing demand
for compost for the maintenance of organic carbon content of soil, eventually
improving the uptake of nutrients by soil. Also, these machines reduce the use
of fuel consuming land preparation processes owing to improvement in soil
health, further advocating the adoption of compost turning machines.
Developed Regional Markets for Compost Turning Machine to
Hold Noteworthy Revenue Shares
Agriculture industry in North America and Western Europe is
heavily mechanized and commercialized. While agriculture is a major industry in
both Canada and the US, the former has been one of the largest agricultural
exporters and producers around the world. Moreover, highly developed
agricultural practices in North America will provide endless opportunities to
compost turner machine manufacturers during the forecast period.
Compost turning machine market in fast progressing Asian
countries such as India and China is also registering significant growth owing
to stringent government regulations that are likely to promote the use of these
equipment in food manufacturing plants.
Global Compost Turning Machine Market: Competitive
Landscape
Some of the players profiled in the global compost turning
machine market report include Terex Corporation, Vermeer Corporation,
Eaggersman AG, Scarab International, Midwest Bio-Systems, Inc., Brown Bear
Corporation, EarthSaver Equipment Inc., Komptech Group, Frontier Industrial
Corporation, Alliance Fertilizer Machinery, HCL Machine Works, and Blue Group
among others. Manufacturers are likely to maintain the focus on product
technology innovations for sustained market value shares in the compost turning
machine landscape.
Comments
Post a Comment