Registering a CAGR of 2.4% over the forecast period of 2022-2027, the global metal waste and recycling market is anticipated to reach the market value of US$314,330 million in the year 2027 from US$ 237,410 million in the year 2022.
Steel and Iron scrap which is also known ferrous scrap comes from end-of-life products along with scrap that is generated from the manufacturing process. Outdated ferrous scrap is recovered from steel structures, household appliances, ships, railroad tracks, farm equipment, automobiles and other sources.
Nonferrous metals like copper, nickel, zinc, tin, aluminium and others are type of materials that do not degrade or lose their physical or chemical properties in the recycling process hence these metals can be recycled as many times as one wants. Metals are recyclable because of their metal density lends to efficiency in transport, high value and their properties mean they can be recycled again and again. Some of the important recyclables are steel, copper, lead, zinc, aluminium and iron.
By Type, Metal Waste and Recycling Market has been segmented into
By Applications, Metal Waste and Recycling Market has been segmented into
The report offers an in-depth assessment of the growth and other aspects of the Metal Waste and Recycling Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Asia Pacific region will hold the largest market share during the forecast period due to increasing economic development and population, rising labor force. Also in developing economies like India and China, the rising infrastructure and automobile industry will be responsible for substantial market growth. North America will be the second-largest market. The reason for it is recycled technology advancements. The increasing awareness about the recycling concept and most of the public and private sector companies are aiming at providing environmental services and coping up with the government’s policy of sustainable environment are also lead to tremendous market growth.
Metal Waste and Recycling Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Metal Waste and Recycling Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
The report incorporates an in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of the Metal Waste and Recycling Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 2.4% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | ARCE AURUBIS AG, REAL ALLOY, ARCELOR Mittal S.A., LOR Mittal S.A, Nucor Corporation, Commercial Metal Company, NOVELIS Inc., Norton Aluminium Ltd |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 94 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Metal Waste and Recycling Market is studied from 2017 - 2027.
Who are the key players in Metal Waste and Recycling Market?
ARCE AURUBIS AG, REAL ALLOY, ARCELOR Mittal S.A., LOR Mittal S.A, Nucor Corporation, Commercial Metal Company, NOVELIS Inc., Norton Aluminium Ltd., KUUSAKOSI, European Metal Recycling, DOWA Holdings Co. Ltd., Sims Metal Management, Tom Martin & Co. Ltd., and others.
What are the significant types of Metal Waste and Recycling Market?
Ferrous Metal (Iron), Non-ferrous Metal (Copper, Silver, Brass, Aluminum, Gold)
What are the major end-use applications of the Metal Waste and Recycling Market?
Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Consumer Appliances, Battery, Packaging, Others.
What segments are covered in the Metal Waste and Recycling Market report?
The Global Metal Waste and Recycling Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Metal Waste and Recycling Market?
The sample report for the Metal Waste and Recycling Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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