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According to the latest research, the global Ferrous Scrap Recycling market size was valued at USD XX million in 2022 and is expected to expand at a CAGR of XX% during the forecast period, reaching USD XX million by 2028.
Scrap metal is classified as either ferrous or non-ferrous scrap. While ferrous metals contain some degree of iron , non-ferrous metal does not contain iron as a component. Both non-ferrous and ferrous metals have been used by humans since ancient times.
The U.S. plays an important role in the Ferrous Scrap Recycling market as steel is the most recycled material in the country and the industry creates many jobs in the country. The recovered metal material can, in turn, be reused in areas such as construction and automobile manufacturing. The European steel industry has been an efficient operator of steel recycling systems. In Europe, over 90% of the steel in automobiles and over 70% of the steel in packaging is recycled. The amazing recyclability of this alloy makes scrap steel a major raw material in crude steel production.Ferrous Scrap Recycling has great potential in the Asia Pacific region. A number of developing countries generate large amounts of steel scrap in the course of infrastructure development and there will be a significant market for recycling and reuse in the future. The global Ferrous Scrap Recycling market size is expected to reach USD 98 million by 2027.
Growth as a product end-use industry, such as automotive and construction, is the major driver of the global Ferrous Scrap Recycling market. Growing awareness among people to conserve resources and sustainability is also an important driver for the market.
This report elaborates on the market size, market characteristics, and market growth of the Ferrous Scrap Recycling industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Ferrous Scrap Recycling. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Ferrous Scrap Recycling Market Report Include:
Market Size Estimates: Ferrous Scrap Recycling market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Ferrous Scrap Recycling market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Ferrous Scrap Recycling market
Segment Market Analysis: Ferrous Scrap Recycling market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Ferrous Scrap Recycling market situations and prospects in major and top regions and countries
Ferrous Scrap Recycling Market
Ferrous Scrap Recycling Industry Chain: Ferrous Scrap Recycling market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Ferrous Scrap Recycling Industry News, Policies by regions
Ferrous Scrap Recycling Industry Porters Five Forces Analysis
Key players in the global Ferrous Scrap Recycling market are covered in Chapter 2:
Sims Metal Management Inc.
OmniSource
SA Recycling
EMR Group
Schnitzer Steel Industries Inc
In Chapter 6 and Chapter 9, on the basis of types, the Ferrous Scrap Recycling market from 2018 to 2028 is primarily split into:
Heavy Melting Steel
Old Car Bodies
Cast Iron
Pressing Steel
Manganese Steel
Rails
In Chapter 7 and Chapter 10, on the basis of applications, the Ferrous Scrap Recycling market from 2018 to 2028 covers:
heavy crushing machinery car cylinder blocks
parts of machine tools
parts of the engine
kitchen draining boards
aircraft parts
metal ropes,
garden tools
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Ferrous Scrap Recycling market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Ferrous Scrap Recycling industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Ferrous Scrap Recycling market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Ferrous Scrap Recycling industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Ferrous Scrap Recycling market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Ferrous Scrap Recycling market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Ferrous Scrap Recycling market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Scrap metal is classified as either ferrous or non-ferrous scrap. While ferrous metals contain some degree of iron , non-ferrous metal does not contain iron as a component. Both non-ferrous and ferrous metals have been used by humans since ancient times.
The U.S. plays an important role in the Ferrous Scrap Recycling market as steel is the most recycled material in the country and the industry creates many jobs in the country. The recovered metal material can, in turn, be reused in areas such as construction and automobile manufacturing. The European steel industry has been an efficient operator of steel recycling systems. In Europe, over 90% of the steel in automobiles and over 70% of the steel in packaging is recycled. The amazing recyclability of this alloy makes scrap steel a major raw material in crude steel production.Ferrous Scrap Recycling has great potential in the Asia Pacific region. A number of developing countries generate large amounts of steel scrap in the course of infrastructure development and there will be a significant market for recycling and reuse in the future. The global Ferrous Scrap Recycling market size is expected to reach USD 98 million by 2027.
Growth as a product end-use industry, such as automotive and construction, is the major driver of the global Ferrous Scrap Recycling market. Growing awareness among people to conserve resources and sustainability is also an important driver for the market.
This report elaborates on the market size, market characteristics, and market growth of the Ferrous Scrap Recycling industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Ferrous Scrap Recycling. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Ferrous Scrap Recycling Market Report Include:
Market Size Estimates: Ferrous Scrap Recycling market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Ferrous Scrap Recycling market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Ferrous Scrap Recycling market
Segment Market Analysis: Ferrous Scrap Recycling market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Ferrous Scrap Recycling market situations and prospects in major and top regions and countries
Ferrous Scrap Recycling Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Ferrous Scrap Recycling Industry Chain: Ferrous Scrap Recycling market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Ferrous Scrap Recycling Industry News, Policies by regions
Ferrous Scrap Recycling Industry Porters Five Forces Analysis
Key players in the global Ferrous Scrap Recycling market are covered in Chapter 2:
Sims Metal Management Inc.
OmniSource
SA Recycling
EMR Group
Schnitzer Steel Industries Inc
In Chapter 6 and Chapter 9, on the basis of types, the Ferrous Scrap Recycling market from 2018 to 2028 is primarily split into:
Heavy Melting Steel
Old Car Bodies
Cast Iron
Pressing Steel
Manganese Steel
Rails
In Chapter 7 and Chapter 10, on the basis of applications, the Ferrous Scrap Recycling market from 2018 to 2028 covers:
heavy crushing machinery car cylinder blocks
parts of machine tools
parts of the engine
kitchen draining boards
aircraft parts
metal ropes,
garden tools
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Ferrous Scrap Recycling market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Ferrous Scrap Recycling industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Ferrous Scrap Recycling market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Ferrous Scrap Recycling industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Ferrous Scrap Recycling market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Ferrous Scrap Recycling market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Ferrous Scrap Recycling market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
