ALL >> Business >> View Article
Global Metal Recycling Market
Global Metal Recycling Market was valued at US$ XX Bn in 2017 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period.
Metal recycling is a suitable solution for managing metal scraps. The quality or quantity of metals is not changed even after high reuse. An upsurge in usage of metals in end-use industries hints to the reduction of natural metal resources. Metal recycling includes the usage of scrap or waste metal resources as raw material and transforms them into serviceable products.
The growing income and expenditure capacity of a consumer in developing economies and increasing demand in many end-use sectors includes building & construction, metal fabrication, electronics, medical & health care equipment, automotive, and packaging are expected to drive the growth of the global metal recycling market. The stringent laws relating to waste management & recycling, growing awareness of the effective use of natural resources, and request for recycled metal are expected to boom the global metal recycling market. Furthermore, fast emerging country, such as India do not have ...
... stringent rules concerning recycling of metal which is expected to hamper the growth of the metal recycling market. Additionally, this is projected to change as these countries develop and industrialization, and the demand for the cost-effective metal is estimated to offer metal recycling market expansion opportunities.
The objective of the report is to present a comprehensive assessment of the global metal recycling market and contains considerate insights, facts, historical data, industry-validated market data and projections with appropriate set of traditions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by material, type, end-user and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global metal recycling market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Metal scraps are classified into two categories one is ferrous that are made of iron and its compounds and another is non-ferrous that contains all other recyclable metals other than iron. Ferrous metal is expected to share significant growth in the global metal recycling market during the forecast period. Steel is one of the furthermost recycled metals. Ferrous metals consist of iron and steel are used expansively in numerous industries includes automobiles, appliances, construction, and packaging. Ferrous metals are metals, which have iron and magnetic properties. Iron and steel scrap are some of the extensively recycled metals across the globe. This scrap originates from end-of-life products and wastes generated by manufacturing processes. Nearly about 40% of iron and steel products are mass-produced from a scrap of ferrous metals.
Automotive is projected to share momentous growth in the global metal recycling market during the forecast period. This is the highly lucrative application segment of the recycled metal market. The Automotive industry is expected to experience an exceptional growth rate during the forecast period. The increasing use of recycled metal in the automotive industry is projected to increase expressively owing to the low cost and low energy elaborate in the production of secondary metals.
Geographically, Asia Pacific is expected to lead the global metal recycling market. The region’s leading position is predominantly owing to the existence of developing economies who are beholding rapid economic development. The region includes a high population which contributes considerably to the rising consumption of metal items and the governments of developing economies are growing imposing strict regulations with concerns to environmental protection and waste management. Japan is the wildest growing country in this region and is a substantial consumer of aluminium and ferrous scrap.
The Scope of the Report Global Metal Recycling Market
Global Metal Recycling Market, By Type
• Ferrous metal
• Non-ferrous metal
Global Metal Recycling Market, By Scrape Type
• Old scrap
• New scrap
Global Metal Recycling Market, By Equipment
• Shredders
• Shears
• Granulating machines
• Briquetting machines
Global Metal Recycling Market, By End User
• Building & construction
• Automotive
• Equipment manufacturing
• Shipbuilding
• Consumer appliances
• Packaging
• Others
Global Metal Recycling Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players
• Arcelormittal
• SMIS Metal Management Limited
• European Metal Recycling Limited
• Tata Steel Limited
• Baosteel Group Corporation
• Remondis Se & Co. Kg
• Dowa Holdings Co., Ltd
• European Metal Recycling
• Novelis Inc.
• Nucor Corporation
• Commercial Metals Company
• Aurubis AG
• Tom Martin & Co. Ltd.
• Kuusakoski Recycling
• DOWA HOLDINGS Co., Ltd
• REAL ALLOY
• Norton Aluminium Ltd
This Report Is Submitted By @Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact Us:
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH
Email: sales@maximizemarketresearch.com
Contact: +91 9607365656
Add Comment
Business Articles
1. Leading The Way In Leed Certification Consulting In Dubai & UaeAuthor: kohan
2. Transform Your Outdoor Space With Fencing And Fence Lights Fencing Services In Enfield And Chigwell
Author: Vikram kumar
3. Best Fun Educational Toys For Three Year Olds | Myflyi
Author: MYFLYI
4. Best Educational Toys For Preschoolers | Myflyi
Author: MYFLYI
5. The Global Hot Melt Adhesive Market Is Expected To Grow With A Cagr Of 4.5% From 2023 To 2030
Author: Lucintel LLC
6. Digital Banking Services: Securing Transactions During Black Friday
Author: Shalini Raj
7. Learn The Ways To Achieve Proactive Data Analytics
Author: Bappaditta Jana
8. Enhance Pharmaceutical Safety And Compliance With Tempgenius' Cloud Temperature Monitoring System And Drug Monitoring Solutions
Author: Chris Miller
9. The Backbone Of Energy: Stainless Steel Round Bars In Power Plants
Author: Hans Metal India
10. Top Applications Of Ss Shims In Engineering And Manufacturing
Author: Pearl Shims
11. Mbbs In Philippines Vs. India: A Comparison Of Opportunities, Costs, And Education Standards
Author: Mbbs Blog
12. What Is Home Warranty For Buyers: Key Takeaways
Author: Maria Marshall
13. Study Mbbs In Mauritius: Affordable, Globally Recognized, And Hassle-free Admission Process
Author: Mbbs Blog
14. The Role Of Udyam Registration In Empowering Sc/st Entrepreneurs
Author: ritesh
15. The Role Of Ss Flanges In Industrial Uses
Author: Nitech Stainless INC