Global Compactors Market Expected to Raise Moderately over 2022
The compactor
is a machine that compacts the layers of various materials and reduces the
thickness of the respective layer by reducing the air voids. Modern trash
compactors are coated with antimicrobials to inhibit the growth of
odor-producing bacteria, and reduce the risk of potential health hazards, which
increase the popularity of these compactors. The high maintenance cost of
compactors may hamper the growth of the Compactors
Market.
Global compactors market is expected to grow at CAGR of 3% by 2022.
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Market Research Analysis:
On the basis of region, global compactors market is segmented
into North America, Europe, Asia-Pacific and RoW. North America region accounts
the largest market share of the global compactors market. Increasing cost of
waste disposal is the primary driving factor of the market in North America
region. The extensive usage of garbage collection services and the high
adoption of the pay-as-you-throw program by waste management boards have
increased the cost of waste disposal. Asia Pacific region is expected to grow
at the fastest pace during the forecast period mainly due to the rapid growth
in construction industry. Europe and RoW are expected to grow at a moderate
pace during the forecast period.
Scope
of the Report:
This study provides an overview of the global
compactors market, tracking two market segments across four geographic regions.
The report studies key players, providing a five-year annual trend analysis
that highlights market size, volume and share for North America, Europe, Asia
Pacific (APAC) and Rest of the World (ROW). The report also provides a
forecast, focusing on the market opportunities for the next five years for each
region. The scope of the study segments the global compactors market by its
type, end user and region.
ØBy Type
• Landfill Compactors
• Trash Compactors
• Vibratory Plate Compactors
• Others
ØBy End User
• Residential
• Commercial
• Industrial
• Others
By
Region
• North America
• Asia Pacific
• Europe
• Rest of the World
Key
Players
The key players of global compactors market are
Terra Compactor Wheel Corp (U.S.), Caterpillar Inc., (U.S.), BOMAG GmbH
(Germany), Marcel Equipment Limited (Canada), HJ Industries (U.S), Humdinger
Equipment Ltd. (U.S), G.G. Compactors Limited. (U.K.), Hamm AG (Germany), Sakai
America, In (U.S.), and MBW Incorporated (U.S).
Major
Highlights of TOC Covers:
·
Executive Summary
·
Research Methodology
·
Market Dynamics
·
Global Compactors Market, By Type
·
Global Compactors Market, By Application
·
Global Compactors Market, By End User
·
Regional Market Analysis
·
Competitive Analysis
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