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 Compactors Market is projected to be worth USD 3,645.40 million by 2030, registering a CAGR of 4.30% during the forecast period (2022–2030). A compactor is a machine that compacts the layers of different materials and decreases the thickness of the respective layer by minimizing the air voids. Market Dynamics Accelerated growth in infrastructure and construction activities across the globe are key factors driving the development of the Compactors Market. The introduction of strict regulatory policies also increases the demand for this industry. On the flip side, the high cost of manufacturing compactors may hinder the growth of the global market for compactors. Economic growth and increasing living standards in the Asia Pacific region have resulted in an increase in the amount and complexity of waste generated. Countries in this area need compactors to reduce the amount of waste. China and India, which are the top two populated nations, are creating large quantities of waste. Sig...