Global Scrap Metal Recycling Market 2023-2027

Description

List of Tables

Technavio has been monitoring the scrap metal recycling market and it is poised to grow by 340.73 million t during 2023-2027, accelerating at a CAGR of 8.15% during the forecast period. Our report on the scrap metal recycling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increase in prices of raw materials, rise in role of metal recycling in key end-user industries, and rising concern about impact of mining on environment.

Technavio's scrap metal recycling market is segmented as below:

By Type

Ferrous metals
Non-ferrous metals

By Application

Construction
Automotive
Consumer goods
Industrial goods

By Geographical Landscape

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the innovations in the purification of scrap metal as one of the prime reasons driving the scrap metal recycling market growth during the next few years. Also, the concentration of the steel industry and the recycling of precious metals from smartphones will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the scrap metal recycling market covers the following areas:

Scrap metal recycling market sizing
Scrap metal recycling market forecast
Scrap metal recycling market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading scrap metal recycling market vendors that include Advance Hydrau-Tech Pvt. Ltd., American Iron and Metal Co. Inc., ArcelorMittal SA, Aurubis AG, Cherry City Metals, Commercial Metals Co., DOWA HOLDINGS Co. Ltd., ENF Ltd., Gerdau SA, Goldstein Group, Midwest Industrial Metals, Nucor Corp., Pacific Steel and Recycling, REMONDIS SE and Co. KG, Schnitzer Steel Industries Inc., Sims Ltd., Steel Dynamics Inc., Tata Sons Pvt. Ltd., and Texas Disposal Systems. Also, the scrap metal recycling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR44947

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (million t)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (million t)
Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global metal recycling market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global metal recycling market 2017 - 2021 (million t)
4.2 Geography Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Geography Segment 2017 - 2021 (million t)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 (million t)
4.4 Application Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Application Segment 2017 - 2021 (million t)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 (million t)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Ferrous metals - Market size and forecast 2022-2027
Exhibit 34: Chart on Ferrous metals - Market size and forecast 2022-2027 (million t)
Exhibit 35: Data Table on Ferrous metals - Market size and forecast 2022-2027 (million t)
Exhibit 36: Chart on Ferrous metals - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Ferrous metals - Year-over-year growth 2022-2027 (%)
6.4 Non-ferrous metals - Market size and forecast 2022-2027
Exhibit 38: Chart on Non-ferrous metals - Market size and forecast 2022-2027 (million t)
Exhibit 39: Data Table on Non-ferrous metals - Market size and forecast 2022-2027 (million t)
Exhibit 40: Chart on Non-ferrous metals - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Non-ferrous metals - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type (million t)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 43: Chart on Application - Market share 2022-2027 (%)
Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 45: Chart on Comparison by Application
Exhibit 46: Data Table on Comparison by Application
7.3 Construction - Market size and forecast 2022-2027
Exhibit 47: Chart on Construction - Market size and forecast 2022-2027 (million t)
Exhibit 48: Data Table on Construction - Market size and forecast 2022-2027 (million t)
Exhibit 49: Chart on Construction - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Construction - Year-over-year growth 2022-2027 (%)
7.4 Automotive - Market size and forecast 2022-2027
Exhibit 51: Chart on Automotive - Market size and forecast 2022-2027 (million t)
Exhibit 52: Data Table on Automotive - Market size and forecast 2022-2027 (million t)
Exhibit 53: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
7.5 Consumer goods - Market size and forecast 2022-2027
Exhibit 55: Chart on Consumer goods - Market size and forecast 2022-2027 (million t)
Exhibit 56: Data Table on Consumer goods - Market size and forecast 2022-2027 (million t)
Exhibit 57: Chart on Consumer goods - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Consumer goods - Year-over-year growth 2022-2027 (%)
7.6 Industrial goods - Market size and forecast 2022-2027
Exhibit 59: Chart on Industrial goods - Market size and forecast 2022-2027 (million t)
Exhibit 60: Data Table on Industrial goods - Market size and forecast 2022-2027 (million t)
Exhibit 61: Chart on Industrial goods - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Industrial goods - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Application
Exhibit 63: Market opportunity by Application (million t)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 65: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 66: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 67: Chart on Geographic comparison
Exhibit 68: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 (million t)
Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 (million t)
Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 (million t)
Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 (million t)
Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 77: Chart on North America - Market size and forecast 2022-2027 (million t)
Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 (million t)
Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 (million t)
Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (million t)
Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 85: Chart on South America - Market size and forecast 2022-2027 (million t)
Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 (million t)
Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 89: Chart on US - Market size and forecast 2022-2027 (million t)
Exhibit 90: Data Table on US - Market size and forecast 2022-2027 (million t)
Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 93: Chart on China - Market size and forecast 2022-2027 (million t)
Exhibit 94: Data Table on China - Market size and forecast 2022-2027 (million t)
Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 (million t)
Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 (million t)
Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 Japan - Market size and forecast 2022-2027
Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 (million t)
Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 (million t)
Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.12 India - Market size and forecast 2022-2027
Exhibit 105: Chart on India - Market size and forecast 2022-2027 (million t)
Exhibit 106: Data Table on India - Market size and forecast 2022-2027 (million t)
Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)
9.13 Canada - Market size and forecast 2022-2027
Exhibit 109: Chart on Canada - Market size and forecast 2022-2027 (million t)
Exhibit 110: Data Table on Canada - Market size and forecast 2022-2027 (million t)
Exhibit 111: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.14 Market opportunity By Geographical Landscape
Exhibit 113: Market opportunity By Geographical Landscape (million t)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 American Iron and Metal Co. Inc.
Exhibit 120: American Iron and Metal Co. Inc. - Overview
Exhibit 121: American Iron and Metal Co. Inc. - Product / Service
Exhibit 122: American Iron and Metal Co. Inc. - Key offerings
12.4 ArcelorMittal SA
Exhibit 123: ArcelorMittal SA - Overview
Exhibit 124: ArcelorMittal SA - Business segments
Exhibit 125: ArcelorMittal SA - Key news
Exhibit 126: ArcelorMittal SA - Key offerings
Exhibit 127: ArcelorMittal SA - Segment focus
12.5 Aurubis AG
Exhibit 128: Aurubis AG - Overview
Exhibit 129: Aurubis AG - Business segments
Exhibit 130: Aurubis AG - Key offerings
Exhibit 131: Aurubis AG - Segment focus
12.6 Cherry City Metals
Exhibit 132: Cherry City Metals - Overview
Exhibit 133: Cherry City Metals - Product / Service
Exhibit 134: Cherry City Metals - Key offerings
12.7 Commercial Metals Co.
Exhibit 135: Commercial Metals Co. - Overview
Exhibit 136: Commercial Metals Co. - Business segments
Exhibit 137: Commercial Metals Co. - Key offerings
Exhibit 138: Commercial Metals Co. - Segment focus
12.8 ENF Ltd.
Exhibit 139: ENF Ltd. - Overview
Exhibit 140: ENF Ltd. - Product / Service
Exhibit 141: ENF Ltd. - Key offerings
12.9 Gerdau SA
Exhibit 142: Gerdau SA - Overview
Exhibit 143: Gerdau SA - Business segments
Exhibit 144: Gerdau SA - Key offerings
Exhibit 145: Gerdau SA - Segment focus
12.10 Goldstein Group
Exhibit 146: Goldstein Group - Overview
Exhibit 147: Goldstein Group - Product / Service
Exhibit 148: Goldstein Group - Key offerings
12.11 Midwest Industrial Metals
Exhibit 149: Midwest Industrial Metals - Overview
Exhibit 150: Midwest Industrial Metals - Product / Service
Exhibit 151: Midwest Industrial Metals - Key offerings
12.12 Nucor Corp.
Exhibit 152: Nucor Corp. - Overview
Exhibit 153: Nucor Corp. - Business segments
Exhibit 154: Nucor Corp. - Key news
Exhibit 155: Nucor Corp. - Key offerings
Exhibit 156: Nucor Corp. - Segment focus
12.13 Pacific Steel and Recycling
Exhibit 157: Pacific Steel and Recycling - Overview
Exhibit 158: Pacific Steel and Recycling - Product / Service
Exhibit 159: Pacific Steel and Recycling - Key offerings
12.14 Schnitzer Steel Industries Inc.
Exhibit 160: Schnitzer Steel Industries Inc. - Overview
Exhibit 161: Schnitzer Steel Industries Inc. - Business segments
Exhibit 162: Schnitzer Steel Industries Inc. - Key offerings
Exhibit 163: Schnitzer Steel Industries Inc. - Segment focus
12.15 Sims Ltd.
Exhibit 164: Sims Ltd. - Overview
Exhibit 165: Sims Ltd. - Business segments
Exhibit 166: Sims Ltd. - Key offerings
Exhibit 167: Sims Ltd. - Segment focus
12.16 Steel Dynamics Inc.
Exhibit 168: Steel Dynamics Inc. - Overview
Exhibit 169: Steel Dynamics Inc. - Business segments
Exhibit 170: Steel Dynamics Inc. - Key offerings
Exhibit 171: Steel Dynamics Inc. - Segment focus
12.17 Tata Sons Pvt. Ltd.
Exhibit 172: Tata Sons Pvt. Ltd. - Overview
Exhibit 173: Tata Sons Pvt. Ltd. - Business segments
Exhibit 174: Tata Sons Pvt. Ltd. - Key offerings
Exhibit 175: Tata Sons Pvt. Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 176: Inclusions checklist
Exhibit 177: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 178: Currency conversion rates for US$
13.4 Research methodology
Exhibit 179: Research methodology
Exhibit 180: Validation techniques employed for market sizing
Exhibit 181: Information sources
13.5 List of abbreviations
Exhibit 182: List of abbreviations