The global sortex machine market is anticipated to grow at a considerable CAGR of 5.7% during the forecast period. Over the forecast period, the market is likely to be driven by the increased federal government and regulatory initiatives to maintain stringent food quality standards. For instance, in October 2019, the US Food and Drug Administration (FDA) issued new food safety regulations for state regulatory systems that monitor food production, processing, packaging, and holding facilities. Further, in January 2019, FSSAI announced that it would focus on enforcing new food quality standards set in 2018 and issued 27 new food standards laws.
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Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in December 2021, Machinex (Canada) partnered with RDT Engineering (Australia), Re. Group (Australia) and SRWRA (Australia) to automate the MRF in Australia. As the system provider for Australia's most recent MRF, RDT Engineering (Australia) chose its long-term Canadian partner Machinex to outfit the facility with highly automated key components such as 7 MACH Hyspec Optical Sorters, 2 MACH Ballistic Separators, and two additional screen separators. The facility can process 60,000 metric tons of single-stream recycling per year from the surrounding communities. Further, The MRF has launched an initiative to reuse recovered glass in asphalt and concrete, in addition to recycling commodities such as plastics, paper, metal, and glass.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product type
o By End-User
• Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- BT-Wolfgang Binder GmBH, Bühler Group, Comas Co Ltd., Concept Engineers Inc, CP Global.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Sortex Machine Market Report by Segment
By Product type
• Global Sortex Machine Market by Product
o Optical Sorter
o Weight/Gravity Sorter
• Global Sortex Machine Market by End User
o Food & Beverage Industry
o Pharmaceutical
o Waste Recycling
o Mining
o Plastic
o Others (Packaging, Agriculture, Wood)
Global Sortex Machine Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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