Home / Machinery & Equipment / Compost Turning Machine Market
Compost Turning Machine Market Size, Share, and Industry Analysis, By Product Type (Drum Compost Turning Machine and Elevating Face Compost Turning Machine), By Output Capacity (Below 500 cubic Mtrs/h, Between 500 – 1,000 cubic Mtrs/h, and More than 1,000 cubic Mtrs/h), By Application (Construction, Agriculture, and Manufacturing), Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI110156 | Status : UpcomingCompost turning machines are used to make the compost of waste material by reducing the composting process and aiding the decomposition of organic matter. Compost-turning machines find their application in composting fertilizer plants. Rapid industrialization, trending organic farming practices, and increasing wastewater treatment activities are a few of the prominent factors surging the growth of compost-turning machines. The expansion of composting facilities and increasing volumes of waste generated have further accelerated the growth of the compost turning machines across varied industry applications.
Furthermore, increasing soil health awareness and a rising number of waste management initiatives are surging the demand for compost turning machines. For instance, the Indian government encouraged educating the population for waste management through its “Swachh Bharat Mission”. Organic agriculture practices have shown rapid growth in the past few years. According to industry experts, the number of organic producers has witnessed double-digit growth of about 25.6% in 2022. Compost-turning machines help the rapid decomposition of organic waste in the fermentation process enhancing the nutrients build up in the soil.
Several domestic and international regulatory bodies are implementing initiatives such as tax benefits, financial initiatives, and subsidies for composting machines and infrastructure. These initiatives are further accelerating the adoption of compost turning machines market. Manufacturing companies are further developing advanced and tech-enabled compost turning machines with automation features, leading to a strong demand across diverse industry applications.
Compost turning machines find their application in construction projects, manufacturing, and organic waste management facilities. The growing adoption of sustainable waste management will further spur the product demand. These machines act as a crucial element of waste management practices producing nutrient-rich compost and reducing greenhouse gas emissions.
Rising health awareness especially post the COVID-19 pandemic has further boosted good hygiene practices increasing the demand for composting machines across various regions. These machines allow aeration and mixing of compost ensuring homogeneous and decomposed end products. The mounting demand for food, commodities, and beverages is surging the demand for organic farming practices. According to the Food Agriculture Organization, the global demand for organic food and drink reached around USD 144 billion in 2022.
Key Insights
The report covers the following key insights:
- Micro Macro Economic Indicators
- Drivers, Restraints, Trends, and Opportunities
- Business Strategies Adopted by Key Players
- Impact of COVID-19 on the Compost Turning Machine Market
- Consolidated SWOT Analysis of Key Players
Segmentation
By Product Type | By Output Capacity | By Application | By Region |
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Analysis by Application
By application, the market has been classified into construction, agriculture, and manufacturing.
The construction industry is set to exhibit massive traction for compost turning machines during the forecast period. The machines find their wide application in land reclamation, soil preparation, erosion control, production of soil conditioners, and sustainable waste management activities. For instance, according to the Ministry of Agriculture & Farmers Welfare, the total horticulture production in India was estimated to be around 351.9 million tonnes. All these factors are subject to boost the demand for compost turning machines in the construction sector.
Owing to rising organic farming, the demand for these machines is projected to grow and experience the highest CAGR in the agriculture sector. The end products of compost turning machines are primarily used in compost socks enabling the conversion of organic waste generation at construction sites. Continuous enhancement in design and functionality of machines are further boosting the sales of compost turning machines, making it more effective and efficient for end users.
Regional Analysis
The global compost turning machine market has been studied across five regions: North America, Asia Pacific, the Middle East & Africa, Europe, and South America.
North America is set to dominate the global market. The region is one of the largest food producers and the use of advanced agriculture practices are surging the product demand. The rising preference toward sustainable agriculture, growing soil health awareness, and nutrient uptake are a few of the prominent factors boosting the market growth.
Distribution of the Compost Turning Machine Market, By Region of Origin:
- North America – 35%
- South America – 6%
- Europe – 29%
- The Middle East and Africa – 3%
- Asia Pacific –27%
Key Players Covered
The key players in the market include Terex Corporation, Vermeer Corporation, Eggersmann Anlagenbau GmbH, SCARAB International, Midwest Bio-Systems Inc., Brown Bear Corporation, and ALLU Finland Oy.
Key Industry Developments
- May 2023: Vermeer Corporation announced the establishment of a 312,000 sq. ft. state-of-the-art distribution center to provide its products to customers and dealers across the globe.
- March 2022: Agnys Waste Management Pvt. Ltd., an Indian company, launched an automatic composting machine in collaboration with Imagineering Lab. The machine named as BHOOMI stands for Bio-Composting of Horticulture and Organic Waste into Manure Indigenously.
- Global
- 2023
- 2019-2022