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PUBLISHER: IMARC | PRODUCT CODE: 1390542
PUBLISHER: IMARC | PRODUCT CODE: 1390542
Metal Recycling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 147 Pages
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Abstract
The global metal recycling market size reached US$ 232.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 304.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.60% during 2022-2028.
Metal recycling refers to the process of recovering and processing scrap metal from end-of-life structures or manufacturing products. It is economical and offers a low carbon footprint and efficient utilization of resources with no degradation of properties. As a result, recycled metals find extensive applications as a raw material in the production of new goods in various industry verticals. Presently, ongoing improvements in recycling technologies and collection systems are encouraging the manufacturing of complex products using a diverse range of metals and alloys.
Metal Recycling Market Trends:
A considerable rise in the use of metals in the manufacturing of trucks, cars, ships, airplanes, railways, consumer electronics, and domestic items represents one of the major factors driving the demand for metal recycling across the globe. Metal recycling does not emit harmful gases and assists in reducing production costs. Apart from this, the escalating demand for precious metals on account of changing lifestyles and inflating disposable incomes of individuals is contributing to market growth. Furthermore, due to rising environmental concerns, companies of several end use industries are investing in recycling precious metals that can further be used for manufacturing heart pacemakers, artificial cochlea, and other medical devices. Moreover, key market players are offering highly specialized insurance solutions and risk management services to meet the unique needs of recyclers. Besides this, governing agencies of numerous countries, along with private organizations, are adopting innovative ways to raise public awareness about the significance of recycling and putting waste into the appropriate recycling bins. Additionally, they are developing modern recycling technologies that can identify different types of metals effectively. This is projected to create a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global metal recycling market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on metal type, type and end use industry.
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
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Tata Steel Limited.
Key Questions Answered in This Report:
- How has the global metal recycling market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global metal recycling market?
- What are the key regional markets?
- What is the breakup of the market based on the metal type?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global metal recycling market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A4316
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Metal Recycling Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Metal Type
- 6.1 Steel
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Aluminum
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Copper
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Type
- 7.1 Ferrous Metal
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Non-Ferrous Metal
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by End Use Industry
- 8.1 Building and Construction
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Packaging
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Automotive
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Industrial Machinery
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Electronics and Electrical Equipment
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Shipbuilding
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 ArcelorMittal
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Aurubis AG
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.3 Commercial Metals Company
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Dowa Holdings Co. Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 European Metal Recycling Ltd (Ausurus Group Ltd)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Nucor Corporation
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 OmniSource LLC (Steel Dynamics Inc.)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Schnitzer Steel Industries Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Sims Limited
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Tata Steel Limited
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.1 ArcelorMittal
Product Code: SR112023A4316
List of Figures
- Figure 1: Global: Metal Recycling Market: Major Drivers and Challenges
- Figure 2: Global: Metal Recycling Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Metal Recycling Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Metal Recycling Market: Breakup by Metal Type (in %), 2022
- Figure 5: Global: Metal Recycling Market: Breakup by Type (in %), 2022
- Figure 6: Global: Metal Recycling Market: Breakup by End Use Industry (in %), 2022
- Figure 7: Global: Metal Recycling Market: Breakup by Region (in %), 2022
- Figure 8: Global: Metal Recycling (Steel) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Metal Recycling (Steel) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Metal Recycling (Aluminum) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Metal Recycling (Aluminum) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Metal Recycling (Copper) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Metal Recycling (Copper) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Metal Recycling (Other Metal Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Metal Recycling (Other Metal Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Metal Recycling (Ferrous Metal) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Metal Recycling (Ferrous Metal) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Metal Recycling (Non-Ferrous Metal) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Metal Recycling (Non-Ferrous Metal) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Metal Recycling (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Metal Recycling (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Metal Recycling (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Metal Recycling (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Metal Recycling (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Metal Recycling (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Metal Recycling (Industrial Machinery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Metal Recycling (Industrial Machinery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Metal Recycling (Electronics and Electrical Equipment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Metal Recycling (Electronics and Electrical Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Metal Recycling (Shipbuilding) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Metal Recycling (Shipbuilding) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Metal Recycling (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Metal Recycling (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: North America: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: North America: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: United States: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: United States: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Canada: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Canada: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Asia-Pacific: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Asia-Pacific: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: China: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: China: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Japan: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Japan: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: India: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: India: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: South Korea: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: South Korea: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Australia: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Australia: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Indonesia: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Indonesia: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Others: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Others: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Europe: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Europe: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Germany: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Germany: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: France: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: France: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: United Kingdom: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: United Kingdom: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Italy: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Italy: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Spain: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Spain: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Russia: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Russia: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Others: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Others: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Latin America: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Latin America: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Brazil: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Brazil: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Mexico: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Mexico: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Others: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Others: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Middle East and Africa: Metal Recycling Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Middle East and Africa: Metal Recycling Market: Breakup by Country (in %), 2022
- Figure 82: Middle East and Africa: Metal Recycling Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Global: Metal Recycling Industry: SWOT Analysis
- Figure 84: Global: Metal Recycling Industry: Value Chain Analysis
- Figure 85: Global: Metal Recycling Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Metal Recycling Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Metal Recycling Market Forecast: Breakup by Metal Type (in Million US$), 2023-2028
- Table 3: Global: Metal Recycling Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 4: Global: Metal Recycling Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
- Table 5: Global: Metal Recycling Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Metal Recycling Market: Competitive Structure
- Table 7: Global: Metal Recycling Market: Key Players
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