Metal recycling market report serves to be an ideal solution for better understanding of the market. It is helpful in finding out the size of the market for specific products. The report gives helpful insights which assist while launching a new product. The metal recycling report helps business in knowing its market share over various time periods, transportation, storage, and supply requirements of its products. The market study aids in making sales forecasts for its products and thereby, establishing harmonious adjustment between demand and supply of its products. The metal recycling market report helps the firm in exploring new uses and new markets for its existing products and thereby, increasing the demand for its products.
The Global Metal Recycling Market is expected to reach USD 59.5 billion by 2025, from USD 36.0 billion in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Metal Recycling Market, By Type (Ferrous metal and Non-ferrous metal), Scrap Type (Old scrap and New scrap), Equipment (Shredders, Shears, Granulating machines, Briquetting machines), End-Use Sector (Construction, Automotive, Equipment Manufacturing, Shipbuilding, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Key Market Competitors:
The key players operating in the global metal recycling market are –
ArcelorMittal,Nucor,CMC,Sims Metal Management Limited,Aurubis,
The other players in the market are European Metal Recycling, DOWA HOLDINGS Co., Ltd, Tata Steel, Baosteel Co.,Ltd., REMONDIS SE & Co. KG, Novelis Aluminum, Norton Aluminium Ltd, Kuusakoski, REAL ALLOY, Tom Martin & Co Ltd., TMS International, Ferrous Processing & Trading., PSC Metals, AMG Resources Corporation, Alter Trading Inc, Mervis Industries, OmniSource Corporation, Schnitzer Steel Industries, Inc, AMERICAN IRON & METAL, SUNRISE METAL RECYCLING LTD., Upstate Metal Recycling, Inc., WM. MILLER SCRAP IRON & METAL CO., GFG Alliance, BL Duke, Cozzi Recycling.
Segmentation: Global Metal Recycling Market
By Type
(Ferrous metal,Non-ferrous metal)
By Scrap Type
(Old scrap,New scrap)
By equipment
(Shredders,Shears,Granulating machines,Briquetting machines,)
By End use
(Building & construction,Automotive,Equipment manufacturing,Shipbuilding,Consumer appliances,Packaging,Others (Aerospace, furnishing, and residential & commercial utensils sectors)
By Geography
(North America,Europe,Asia-Pacific,Middle East & Africa)
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Market Drivers:
Rising demand from the aluminium industry
Rapid industrialization in the developing economies leading to increased demand for metal products
Rising awareness for sustainable management practices leading to the increased use of recycled metals
Awareness for the effective and proper use of natural resources
Market Restraint:
No proper organised sector for metal recycling.
Improper regulations for free and smooth scrap metals recycling trade.
Supply chain management issues
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global metal recycling market
- Analyze and forecast metal recycling market on the basis of type, scrap type, equipment and end-use sector
- Trends of key regional and country-level markets for type, scrap type, equipment and end-use sector
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Competitive Landscape: Global Metal Recycling Market
The global metal recycling market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of metal recycling market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In March 2018, Nucor has announced that it is going to build a new rebar micro mill in Florida. The rebar mill will have an annual capacity of 350,000 tons and is expected to employ around 250 people. This plant will be using the scrap ferrous and non-ferrous metals for the production of rebar.
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