Global Tub grinding Market: Introduction
Tub grinding is a term which refers to the shape of the opening of a large grinder. They were originally used for recycling logging slash and lumber mill waste. The main application of the tub grinding equipment is to reduce the size of the debris pile. Trub grinders are used to grind trees, vegetative debris, and wood waste into mulch. Despite the efficiency of the tub grinding equipment it creates a lot of waste of all types which ends up in landfills or worse, in streams, rivers and sometimes in oceans. The vegetable debris produced as an end-product in the process can be repurposed into recyclable materials from plastics, wood, and paper amongst many others. The overall construction of the tub grinding equipment can be customized with respect to the customer’s demand of the end-product formed, which are mulch, coloured mulch, boiler fuel and mulch for composting. Tub grinding equipments find many applications across various end-user industries such as waste treatment and disposal, forestry amongst many others.
Global Tub grinding Market: Segmentation
Globally, the tub grinding market can be segmented based on product type and end-use industry
Based on the Product Type, the global tub grinding market can be segmented into,
Based on the End-use Industry, the global tub grinding market can be segmented into,
Global Tub grinding Market: Dynamics
Rising concerns related to environmental degradation due to improper waste mistreatment is the leading factor contributing towards the growth of the global market for waste treatment and disposal. Compost another product which is used in the tub grinding equipment, can accumulate to form a static pile which may put up an odour control problem The stringent regulations towards pollution in water bodies or landfills, is compelling the above stated industries to improve on their waste treatment facilities and using proper technologies such as the tub grinding equipment amongst many others. Few manufacturers have also modified their tub grinding equipments to obtain different types of biofuel end-products such as ethanol, syngas, and biogas which are very environment friendly. Moreover, utilizing high quality components and modern technology as per the set market standards is found as market key trend in the tub grinding market. According to Organization of Biofuels, biofuels can reduce the greenhouse emissions by 1.7 billion tonnes per year.
The rapid outbreak of coronavirus pandemic has created major health crises and it continues to expand and affect the world. Summer fruits and vegetables were ready to be processed, harvested and picked. However due to the sudden pandemic throughout the world, most of the produced was wasted. The volume of recyclables and waste generated via processes similar to this, increased by 20.00% higher than the normal. The decline in industrial production due to the pandemic has significantly reduced the supply of high-value material from post-industrial waste. One possible solution for undisrupted waste management is employing a decentralized approach of treating and disposal waste and providing equipments like the tub grinding equipment to recycle and disintegrate the waste in the vicinity of the waste generation source. This can significantly reduce the risk of infection to the personnel involved.
Global Tub grinding Market: Regional Outlook
United States of America and Western Europe are the major players in the waste management and treatment industry with other countries following the lead. Many international companies’ factories are being set up at China. The United States and the European union have a waste management and treatment market share of 31.4% and 24.6% respectively. The Association of American Plant Food Control Officials’ (AAPFCO) regulations for the mulch produced during the usage of tub grinding equipments, have made manufacturers rethink, and improve new tew technologies on the tub grinding equipments. Stringent regulations posed by EPA under the RCRA in United States’ government initiative to improve waste treatment and disposal. The 7th Environment Action Programme in the European union sets the rules on minimizing the amount of waste produced; maximizing recycling and re-use; limiting incineration, phase out landfilling and water bodies is increasing technologies and products such as the tub grinding equipment in the European market. The Resource Efficiency Roadmap and the Raw Materials Initiative in Europe are factors responsible towards the growing waste management and the tub grinding market. ASEAN countries is experiencing an increasing trend in population growth and urbanization rate. Subsequently the composition and volume of the waste generated is also increasing. Excluding few countries such as Singapore, major part of the ASEAN countries practices open dumping and open burning of waste. Waste treatment is therefore one of their main issues. To promote sustainable development in China, the government launched a new municipal solid waste (MSW) classification. The type of waste produced in the form of dry waste is collected and then processed. Tub grinding machines are effective in these types of waste. Uncollected waste from the citizens would not be treated. Therefore, domestic and industrial sector in China have to segregate their waste periodically to minimize pollution and hazards related to the same.
Global Tub grinding Market: Market Participants
As a part of their growth strategy, the manufacturer concentrates on technological developments and promotion for sustained offering of benefits to its customers. It also promotes its products through high-quality tub grinding offering in the global market. The prominent players also focusing on customized tub grinding to attract large customer base.
Some key players involved in the tub grinding market include Diamond – Z, Duratech, EarthSaver, FHE, Precision Husky, Vermeer BC, WHO manufacturing, Mobark LLC, Astec Industries amongst many others.
The research report presents a comprehensive assessment of the tub grinding market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to tub grinding market segments such as product type, intensity, and end-use industry.
The report covers exhaustive analysis on:
Regional analysis includes:
The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on tub grinding market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of company