PUNE, India, December 14, 2022 (GLOBE NEWSWIRE) — The global Tire shredder market The size is expected to increase over the forecast period due to the increasing energy and conservation initiative commissioned by several regional governments. Fortune Business Insights™ is releasing this information in an upcoming report titled Tire Shredder Market, 2022-2029. A tire shredder is a device that shreds used tires to achieve the recycling process. These shredders are categorized into hydraulic and electric shredders. The increasing demand for car waste disposal is expected to drive the market during the projected period.

List of key players profiled in the report:

• Granutech-Saturn Systems (USA)
• SSI shredding system (USA)
• Shred-Tech® (Canada)
• Northern California Compactors Inc. (US)
• ABB AB (Switzerland)
• CM Shredder (US)
• SMS Hydrotech (India)
• Tire Shredder Unlimited (US)
• Fabtex Engineering Works (India)
• Idea Holding Limited (India)
• Recycling Equipment Inc. (USA)
• Spadone-Hypex Inc. (USA)
• Weimar America Inc. (USA)
• ACS Group (Spain)
• Laken General Corp. (UNITED STATES)
• CD Systems Inc. (USA)
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Request a copy of the research report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/tire-shredder-market-106090

Effects of COVID-19:

Restricted transportation services amid pandemic to hamper market growth

The automotive and transportation industry is struggling with the tremendous impact of the COVID-19 pandemic. Transport services have been restricted to prevent the spread of the virus and to comply with government-imposed social distancing norms. This had a negative impact on demand in the auto parts and tire markets. Hence, the growth of the tire shredder market was constrained during the initial lockdown period. Also, the manufacturing and production units have been closed to control the situation during the pandemic period.

Report Coverage:

The report highlights the recent trends and developments in the industry. The impact of the COVID-19 pandemic on the market growth is also…