Global Scrap Grapple Market Size & Forecast 2024-2030
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In 2023, the global scrap grapple market was worth USD 1.5 billion, and it is forecasted to grow to USD 2.6 billion by 2032, expanding at a 6.1% CAGR. Increasing efforts toward sustainability and environmental conservation are major growth factors. The surge in construction activities driven by urbanization and industrialization is further fueling market growth. North America and Europe are the leading regions, owing to strong environmental regulations and established recycling practices.