The IMARC Group provides extensive analysis of the metal recycling industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on metal recycling market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
- Historical market data from 2016-2021
- CAGR of the market during the forecast period 2022-2027
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the Keyword market size and its contribution to the parent market
- Upcoming market trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on key players
- Comprehensive details of factors that will challenge the growth of smart meters market key players
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Metal recycling is the method of processing and recovering scrap metal from end-of-life products. It involves refining unprocessed prompt and obsolete scrap into commodity-grade material. In comparison to new material, metal recycling prevents scrap metal from ending up in landfill sites and offers a lower carbon footprint and more efficient resource utilization. On account of these benefits, metal recycling is widely adopted by various industry verticals, including consumer appliances, automotive, and aerospace.
Metal Recycling Market Trends:
The escalating demand for steel and a rapid rise in industrialization and urbanization, particularly in developing regions, is primarily contributing to the global metal recycling market growth. Other than this, there has been an increase in concerns regarding the elevating levels of greenhouse gas (GHG) emissions and depletion of natural resources. This rise has prompted governments of various nations to enforce the use of recycled metal in end use industries by implementing several favorable policies and regulations, which is further driving the market growth.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- ArcelorMittal
- Aurubis AG
- Commercial Metals Company
- Dowa Holdings Co. Ltd.
- European Metal Recycling Ltd (Ausurus Group Ltd)
- Nucor Corporation
- OmniSource LLC (Steel Dynamics Inc.)
- Schnitzer Steel Industries Inc.
- Sims Limited
- Tata Steel Limited.
Market Segmentation:
Breakup by Metal Type:
- Steel
- Aluminum
- Copper
- Others
Breakup by Type:
- Ferrous Metal
- Non-Ferrous Metal
Breakup by End Use Industry:
- Building and Construction
- Packaging
- Automotive
- Industrial Machinery
- Electronics and Electrical Equipment
- Shipbuilding
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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