The global composting equipment market is projected to reach USD 10.5 billion by 2027, exhibiting a 7.8% CAGR during the forecast period (2020-2027). This growth is primarily driven by increasing awareness of waste management and environmental sustainability.
Embrace the concept of "compostability" to explore new applications for compost machines:
Type | Description |
---|---|
In-Vessel | Enclosed composting system with controlled aeration and temperature |
Windrow | Piles of organic waste turned periodically to promote aeration |
Tumbler | Rotating drum that agitates composting materials |
Component | Purpose |
---|---|
Motor | Drives the aeration mechanism |
Fan | Provides oxygen to composting materials |
Temperature sensor | Monitors temperature to prevent overheating |
Moisture sensor | Detects moisture levels to adjust water addition |
Year | Market Size (USD Billion) | CAGR (%) |
---|---|---|
2020 | 6.5 | 7.8 |
2021 | 7.0 | 7.9 |
2022 | 7.5 | 8.0 |
2023 | 8.1 | 8.1 |
2024 | 8.7 | 8.2 |
Benefit | Type |
---|---|
Reduced waste disposal costs | Economic |
Increased crop productivity | Environmental |
Job creation | Social |
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