Briquetting Machine Market Share

  • Report ID: 4067
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Briquetting Machine Market Share

APAC Market Statistics

Asia Pacific industry is poised to hold largest revenue share by 2037, the APAC area is projected to produce 43% of its energy from renewable sources, owing to investments from China and Australia as well as Mongolia's significant potential. Moreover, budgets for the development of renewable energy are anticipated to rise in Southeast Asian nations, particularly Indonesia and Malaysia.

North America Market Forecast

The market for briquetting machine in the North American region is forecasted to have significant revenue share till 2037, led by growing investment in waste management projects.

Municipal solid trash, industrial garbage, and hazardous waste are merely a few of the waste kinds that are managed by the U.S. waste business. However, owing to the growing agricultural production the agriculture waste is also growing. This is further boosting demand for briquetting machines in this region.

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Author Credits:  Dhruv Bhatia


  • Report ID: 4067
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of briquetting machine is evaluated at USD 1.29 billion.

The briquetting machine market size was over USD 1.15 billion in 2024 and is projected to reach USD 2.87 billion by 2037, witnessing around 7.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by growing adoption of IoT, rising demand for power, and a surge in the production of food.

Asia Pacific industry is poised to hold largest revenue share by 2037, driven by growing adoption of renewable energy.

The major players in the market are CF Nielson A.S, RUF US, Inc., Santec Exim Private Limited, WEIMA Maschinenbau GmbH, Jay Khodiyar Machine Tools, Maxton Industrial Co., Ltd., Yuken Europe Ltd., GURU KIRPA Engineering Works, Zhengzhou E.P Machinery Co., Ltd., GEMCO Energy Machinery Co., Ltd
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