Metal Recycling Market is Anticipated to Grow US$ 806.61 Bn By 2027

Precedence Research a new report on metal recycling Market size, share, growth, industry trends, and forecast 2027, covering various industry elements and growth trends helpful for predicting the market’s future. The global metal recycling market size was valued at US$ 562.87 billion in 2019. The global metal recycling market is projected to reach US$ 806.61 billion by 2027, registering a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2020 to 2027.

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Metal Recycling market Growth Factors:

Rising urbanization and industrialization across the globe accounted as the major factor that propels the growth of metal recycling industry over the coming years. This trend has significantly prospered the growth numerous industries that include automotive, construction, consumer goods, packaging, ship building, equipment manufacturing, and many others that have notable usage of metals across different applications that further drives the overall market growth.

Apart from the application of recycled metals, growing emphasis of governments of various regions toward sustainable waste management along with conservation of natural resources expected to be the other main factors that fuel that market growth for metal recycling over the upcoming years.

Metal Recycling Market Report Scope 

The global metal recycling market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2027. The report offers a detailed analysis and information as per metal recycling, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

metal recycling Market Report Highlights

• The Asia Pacific emerged as the global leader and accounted for over 67% of total value in 2019 attributed to the high production of metal in the region
• Europe follows the Asia Pacific in terms of metal production owing to growing emphasis on the circular economy together with stringent government regulations for energy usage
• Steel emerged as a dominating product segment in 2019 with a volume share of over 79% in the same year owing to large-scale utilization of the product in automotive, construction, and consumer goods industries
• Aluminum is however another product that offers tremendous benefits for recycling because of significant spending of the industry for recycled cans every year
• The construction segment dominated the global metal recycling market accounting for over 46% of the total volume share in 2019 owing to flourishing growth in urbanization
• The automotive industry is the other important segment that uses large amount of metal product in various applications such as body parts, engine components, and various other components

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Some of the prominent players in the metal recycling market include:

• GFG Alliance
• European Metal Recycling
• CMC Recycling
• Kimmel Scrap Iron & Metal Co. Inc.
• Norsk Hydro ASA
• Schnitzer Steel Industries, Inc.
• Tata Steel
• Novelis
• Utah Metal Works
• Sims Metal Management Limited

Metal Recycling market Segmentation

By Product

• Aluminum
• Steel
• Copper
• Others

By Application

• Automotive
• Construction
• Industrial Goods
• Consumer Goods
• Others

Regional Segmentation

• Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
• Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
• North America [United States, Canada, Mexico]
• South America [Brazil, Argentina, Columbia, Chile, Peru]
• Middle East & Africa [GCC, North Africa, South Africa]

Key Questions are

• What are the key factors influencing the metal recycling market in each region?
• How much value will the global market generate by the end of the forecast period?
• What will be the CAGR of the global market between 2021 and 2027?
• What would be the Y-o-Y growth trend of the global market between 2021 and 2027?
• What is the future scope and current trends in technologies of the global market?
• What is the revenue of the global market based on segments?
• Which key strategies are used by top players of the global market?
• Which are the leading companies in the global market?
• What are the essential strategies by key stakeholders in the market to expand their geographic presence?
• What are the major advancements witnessed in the global market?

Research Objectives and Research Approach

The comprehensive report on the global metal recycling market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global metal recycling market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global metal recycling market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2027 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.

Why should you invest in this report?

If you are aiming to enter the global metal recycling market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for metal recycling are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Metal Recycling Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Metal Recycling Market

5.1. Covid-19: Metal Recycling Industry Impact
5.2. Metal Recycling Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Metal Recycling Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Metal Recycling Vendor to deal with Covid-19 Pandemic Scenario

Chapter 6. Metal Recycling Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. New Awareness Programs for Sustainable Waste Management Practice
6.1.1.2. Metal Recycling Offer Energy Saving Benefits Compared to Mining
6.1.2. Market Restraints
6.1.2.1. Unorganized Waste Collection Procedure Particularly in Developing Countries
6.1.2.2. Regulations Related to Fair and Free trade of Scrap Metals
6.1.3. Market Opportunities
6.1.3.1. Developing of Public and Private Relationship
6.1.3.2. Stringent Government Regulations Regarding Underground Mining and Natural Resource Depletion
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
6.3. PESTEL Analysis

Chapter 7. Global Metal Recycling Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Metal Recycling Market Revenue by Vendor(2015-2020)
7.1.1.2. Metal Recycling Market Revenue Market Share by Vendor (2015-2020)
7.1.1.3. Metal Recycling Market Production by Vendor (2015-2020)
7.1.1.4. Metal Recycling Market Production Market Share by Vendor (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Metal Recycling Market, By Product

8.1. Metal Recycling Market, by Product, 2016-2027
8.1.1. Aluminum
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.1.2. Market Production and Forecast (2016-2027)
8.1.2. Steel
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.2.2. Market Production and Forecast (2016-2027)
8.1.3. Copper
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.3.2. Market Production and Forecast (2016-2027)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.4.2. Market Production and Forecast (2016-2027)

Chapter 9. Global Metal Recycling Market, By Application

9.1. Metal Recycling Market, by Application, 2016-2027
9.1.1. Automotive
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.1.2. Market Consumption and Forecast (2016-2027)
9.1.2. Construction
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.2.2. Market Consumption and Forecast (2016-2027)
9.1.3. Industrial Goods
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.3.2. Market Consumption and Forecast (2016-2027)
9.1.4. Consumer Goods
9.1.4.1. Market Revenue and Forecast (2016-2027)
9.1.4.2. Market Consumption and Forecast (2016-2027)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2016-2027)
9.1.5.2. Market Consumption and Forecast (2016-2027)

Chapter 10. Global Metal Recycling Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Production Forecast by Product (2016-2027)
10.1.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.1.3. U.S
10.1.3.1. Market Revenue and Production Forecast (2016-2027)
10.1.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.1.4. Canada
10.1.4.1. Market Revenue and Production Forecast (2016-2027)
10.1.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Production Forecast by Product (2016-2027)
10.2.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.2.3. UK
10.2.3.1. Market Revenue and Production Forecast (2016-2027)
10.2.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.4. Germany
10.2.4.1. Market Revenue and Production Forecast (2016-2027)
10.2.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.5. France
10.2.5.1. Market Revenue and Production Forecast (2016-2027)
10.2.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.6. Rest of EU
10.2.6.1. Market Revenue and Production Forecast (2016-2027)
10.2.6.2. Market Revenue and Consumption Forecast (2016-2027)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue and Production Forecast by Product (2016-2027)
10.3.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.3.3. China
10.3.3.1. Market Revenue and Production Forecast (2016-2027)
10.3.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Production Forecast (2016-2027)
10.3.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.5. Japan
10.3.5.1. Market Revenue and Production Forecast (2016-2027)
10.3.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Production Forecast (2016-2027)
10.3.6.2. Market Revenue and Consumption Forecast (2016-2027)
10.4. LATAM
10.4.1. Market Revenue and Production Forecast by Product (2016-2027)
10.4.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.4.3. Brazil
10.4.3.1. Market Revenue and Production Forecast (2016-2027)
10.4.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue and Production Forecast (2016-2027)
10.4.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue and Production Forecast by Product (2016-2027)
10.5.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.5.3. GCC
10.5.3.1. Market Revenue and Production Forecast (2016-2027)
10.5.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.4. North Africa
10.5.4.1. Market Revenue and Production Forecast (2016-2027)
10.5.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.5. South Africa
10.5.5.1. Market Revenue and Production Forecast (2016-2027)
10.5.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue and Production Forecast (2016-2027)
10.5.6.2. Market Revenue and Consumption Forecast (2016-2027)

Chapter 11. Company Profiles

11.1. GFG Alliance
11.1.1. Company Overview, Business Information, Manufacturing Area
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.1.4. Recent Developments and Strategies
11.2. European Metal Recycling
11.2.1. Company Overview, Business Information, Manufacturing Area
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.2.4. Recent Developments and Strategies
11.3. CMC Recycling
11.3.1. Company Overview, Business Information, Manufacturing Area
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.3.4. Recent Developments and Strategies
11.4. Kimmel Scrap Iron & Metal Co. Inc.
11.4.1. Company Overview, Business Information, Manufacturing Area
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.4.4. Recent Developments and Strategies
11.5. Norsk Hydro ASA
11.5.1. Company Overview, Business Information, Manufacturing Area
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.5.4. Recent Developments and Strategies
11.6. Schnitzer Steel Industries, Inc.
11.6.1. Company Overview, Business Information, Manufacturing Area
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.6.4. Recent Developments and Strategies
11.7. Tata Steel
11.7.1. Company Overview, Business Information, Manufacturing Area
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.7.4. Recent Developments and Strategies
11.8. Novelis
11.8.1. Company Overview, Business Information, Manufacturing Area
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Application
11.8.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.8.4. Recent Developments and Strategies
11.9. Utah Metal Works
11.9.1. Company Overview, Business Information, Manufacturing Area
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Application
11.9.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.9.4. Recent Developments and Strategies
11.10. Sims Metal Management Limited
11.10.1. Company Overview, Business Information, Manufacturing Area
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Application
11.10.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.10.4. Recent Developments and Strategies

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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