According
to a new research report published by Transparency Market Research
(TMR), the global resource circulation equipment market had reached a
market value of US$10.70 billion in 2012. It is expected that this
market will attain a value of US$17.65 billion by the end of 2019,
increasing at a compound annual growth rate of 7.5% between 2013 and
2019.The research report is prepared after extensive study of the
resource circulation equipment industry, offering both quantitative
and qualitative analyses of this market. It provides an in-depth
analysis of the market on the basis of the past performance, current
condition, and future prospects of the resource circulation equipment
industry across the globe. It is titled “Resource
Circulation Equipment Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2013 – 2019”.
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Research Report of Resource
Circulation Equipment Market :
The global resource
circulation equipment industry is evaluated on the basis of
applications and the regional distribution of the market. Based on
applications, construction, automotive, electrical and electronic
equipment, polymer and plastic, paper, oil and gas, metal, and others
such as agriculture and medical equipment are the major segments of
the resource circulation equipment industry.Electrical and electronic
equipment employed in construction recycling, holding more than 20%
of the total market, held the biggest share of the overall revenue
generated by the global resource circulation equipment industry in
2012. The emerging trend of recycling in the electrical and
electronic equipment industry has continued to be the main driving
factor for the global resource circulation equipment industry.
The inclination
towards resource circulation equipment is expected to grow from
medium to high in the near future owing to a shortage of landfill
sites and rising awareness about extracting energy from waste
product. However, the global resource circulation equipment market
requires considerable capital investment. Operational and maintenance
costs are also a part of this cost structure, apart from the capital
cost. At present, only enterprises with large manufacturing
capacities and powerful financial conditions can afford producing
resource circulation equipment.
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Sample Report :
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North America and
Europe are the two major regional markets for resource circulation
equipment, as these markets are home to strict environmental
regulations. North America held the biggest market for the global
resource circulation equipment industry, with a share of around 39%
in the total revenue garnered by the entire market in 2012. The North
American resource circulation equipment industry is characterized by
developing electronic and industrial waste in the region and stern
government regulations. In Asia Pacific, recycling activities have
increased because of rising environmental demands.
The resource
circulation equipment industry experienced a significant decline in
demand owing to the global economic recession around 2008-09.
However, the resource circulation equipment market is showing a
steady rise in demand since 2010 owing to an upturn in end-user
markets following the restoration of the global economy.
Browse Press
Release of Resource
Circulation Equipment Market :
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Transparency Market
Research (TMR) is a global market intelligence company providing
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blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s
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proprietary data sources and various tools and techniques to gather
and analyze information.
TMR’s data
repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
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