Global Metal Waste and Recycling Market Research Report 2022

Metal Scrap includes ferrous scrap and non- ferrous scrap. Ferrous Metal (Iron) and steel scrap, also referred to as ferrous scrap, comes from end of life products (old or obsolete scrap) as well as scrap generated from the manufacturing process (new, prime or prompt scrap). Obsolete ferrous scrap is recovered from automobiles, steel structures, household appliances, railroad tracks, ships, farm equipment and other sources. Nonferrous metals, including aluminum, copper, lead, nickel, tin, zinc, and others, are among the few materials that do not degrade or lose their chemical or physical properties in the recycling process. As a result, nonferrous metals have the capacity to be recycled an infinite number of times. In the report, the volume mainly covers ferrous scrap (Ferrous Metal (Iron) and steel scrap), aluminum, copper and lead.
Market Analysis and Insights: Global Metal Waste and Recycling Market
Due to the COVID-19 pandemic, the global Metal Waste and Recycling market size is estimated to be worth US$ 280070 million in 2022 and is forecast to a readjusted size of US$ 322900 million by 2028 with a CAGR of 2.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Ferrous Metal (Iron) accounting for % of the Metal Waste and Recycling global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Building & Construction segment is altered to an % CAGR throughout this forecast period.
The major players in global Metal Waste and Recycling market include Arcelormittal, European Metal Recycling Limited, Commercial Metals Company, etc. The top 3 players occupy over 5% shares of the global market. China and Europe are main markets, they occupy about 50% of the global market. Ferrous Metal (Iron) is the main type, with a share about 90%. Equipment Manufacturing is the main application, which holds a share about 40%.
Global Metal Waste and Recycling Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Metal Waste and Recycling Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Ferrous Metal (Iron)
Non-ferrous Metal (Copper, Silver, Brass, Aluminum, Gold, etc.)
Segment by Application
Building & Construction
Automotive
Equipment Manufacturing
Shipbuilding
Consumer Appliances
Battery
Packaging
Others
By Company
Arcelormittal
David J. Joseph Co (Nucor)
Commercial Metals Company
SIMS Metal Management Limited
Aurubis
European Metal Recycling Limited
DOWA ECO-SYSTEM (Dowa Holdings)
Chiho Environmental Group
Production by Region
North America
Europe
China
Japan
Latin America
Australia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina

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