Brazil Scrap Metal Recycling Market, By Metal (Ferrous, Non-ferrous); By Scrap Type (Old Scrap, New Scrap); By Equipment (Shredders, Shears, Granulating Machines, Briquetting Machines); By End User (Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Packaging, Consumer Appliances, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
Brazil Scrap Metal Recycling Market Size Set to Grow at Significant CAGR of 5.12% to Surpass USD 890 Million by 2030
Brazil Scrap Metal Recycling Market is flourishing because of the growing concern for environmental sustainability and rising raw material prices.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Brazil Scrap Metal Recycling Market size at USD 640.22 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Brazil Scrap Metal Recycling Market size to expand at a CAGR of 5.12% reaching a value of USD 890.19 million by 2030. Rapid industrialization and urbanization, as well as rising steel and other metal consumption, are key drivers for Brazil Scrap Metal Recycling Market. Due to the depletion of natural resources, both the public and commercial sectors are promoting recycling, which is anticipated to support the expansion of the Brazil Scrap Metal Recycling Market during the period in analysis.
Opportunity: Rising volume of old scrap metal
Based on scrap type, the Brazil Scrap Metal Recycling Market is segmented into old scrap and new scrap. The old scrap segment holds a larger share in the Brazil Scrap Metal Recycling Market. The high volume of old scrap metal is a result of the increasing use of appliances used by consumers, such as bed frames and mattress springs, computers, automobile parts, fittings, and reinforcements. Consumers often sell their waste metal in exchange for a certain price, which acts as a significant contributor to the market growth.
Brazil Scrap Metal Recycling Market
Segmental Coverage
Brazil Scrap Metal Recycling Market – By End User
Based on end user, the Brazil Scrap Metal Recycling Market is segmented into building & construction, automotive, equipment manufacturing, shipbuilding, packaging, consumer appliances, and others. The building & construction segment dominates the Brazil Scrap Metal Recycling Market by end user. The growth in the construction projects, particularly in the industrial, commercial, and energy & utilities sectors, for infrastructural growth in the country is boosting the demand for scrap metals. The automotive industry also holds a substantial market share owing to the presence of leading automotive manufacturers, such as Kia, BMW, General Motors, and Hyundai, in the country.
Competitive Landscape
Major players operating in the Brazil Scrap Metal Recycling Market include Gerdau S.A., Companhia Brasileira de Alumínio (CBA), Metallic, R.S. Metais, Brasil Metals, WR Metais, Cobrecom, and Recemil.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Brazil Scrap Metal Recycling Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Brazil Scrap Metal Recycling Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Brazil Scrap Metal Recycling Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing Concern for Environmental Sustainability
- 3.2.1.2. Government Initiatives
- 3.2.1.3. Rising Raw Material Prices
- 3.2.2. Restraints
- 3.2.2.1. Informal Sector
- 3.2.2.2. Logistics Challenges
- 3.2.2.3. Fluctuations in Global Demand
- 3.2.3. Opportunities
- 3.2.3.1. Technological Advancements
- 3.2.3.2. Export Potential
- 3.2.3.3. Focus on Quality
- 3.2.4. Challenges
- 3.2.4.1. Various Environmental Regulations
- 3.2.4.2. Illegal Scrap Metal Trade
- 3.2.4.3. Financing and Investment
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Brazil Scrap Metal Recycling Market: Marketing Strategies
- 5. Brazil Scrap Metal Recycling Market Overview
- 5.1. Market Size & Forecast, 2019–2030
- 5.1.1. By Value (USD Million)
- 5.1.2. By Volume (Thousand Tons)
- 5.2. Market Share & Forecast
- 5.2.1. By Metal
- 5.2.1.1. Ferrous
- 5.2.1.1.1. Iron
- 5.2.1.1.2. Steel
- 5.2.1.2. Non-ferrous
- 5.2.1.2.1. Copper
- 5.2.1.2.2. Aluminum
- 5.2.1.2.3. Lead
- 5.2.1.2.4. Others
- 5.2.2. By Scrap Type
- 5.2.2.1. Old Scrap
- 5.2.2.2. New Scrap
- 5.2.3. By Equipment
- 5.2.3.1. Shredders
- 5.2.3.2. Shears
- 5.2.3.3. Granulating Machines
- 5.2.3.4. Briquetting Machines
- 5.2.4. By End User
- 5.2.4.1. Building & Construction
- 5.2.4.2. Automotive
- 5.2.4.3. Equipment Manufacturing
- 5.2.4.4. Shipbuilding
- 5.2.4.5. Packaging
- 5.2.4.6. Consumer Appliances
- 5.2.4.7. Others
- 6. Competitive Landscape
- 6.1. List of Key Players and Their Offerings
- 6.2. Brazil Scrap Metal Recycling Company Market Share Analysis, 2023
- 6.3. Competitive Benchmarking, By Operating Parameters
- 6.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 7. Impact of Escalating Geopolitical Tensions on Brazil Scrap Metal Recycling Market
- 8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 8.1. Gerdau S.A.
- 8.2. Companhia Brasileira de Alumínio (CBA)
- 8.3. Metalic
- 8.4. R.S. Metais
- 8.5. Brasil Metals
- 8.6. WR Metais
- 8.7. Cobrecom
- 8.8. Recemil
- 8.9. Other Prominent Players
- 9. Key Strategic Recommendations
- 10. Research Methodology
- 10.1. Qualitative Research
- 10.1.1. Primary & Secondary Research
- 10.2. Quantitative Research
- 10.3. Market Breakdown & Data Triangulation
- 10.3.1. Secondary Research
- 10.3.2. Primary Research
- 10.4. Breakdown of Primary Research Respondents, By Region
- 10.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1 Brazil Scrap Metal Recycling Segmentation
- Figure 2 Brazil Scrap Metal Recycling Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Brazil Scrap Metal Recycling Market Share, By Material, By Value (USD Million), 2019–2030
- Figure 4 Brazil Scrap Metal Recycling Market Share, By Material, By Volume, 2019–2030
- Figure 5 Brazil Scrap Metal Recycling Market Share, By Scrap Type, By Value, 2019–2030
- Figure 6 Brazil Scrap Metal Recycling Market Share, By Scrap Type, By Volume, 2019–2030
- Figure 7 Brazil Scrap Metal Recycling Market Share, By Equipment, By Value, 2019–2030
- Figure 8 Brazil Scrap Metal Recycling Market Share, By Equipment, By Volume, 2019–2030
- Figure 9 Brazil Scrap Metal Recycling Market Share, By End User, By Value, 2019–2030
- Figure 10 Brazil Scrap Metal Recycling Market Share, By End User, By Volume, 2019–2030
- List of Tables
- Table 1 Brazil Scrap Metal Recycling Market Share, By Material, By Value (USD Million), 2019–2030
- Table 2 Brazil Scrap Metal Recycling Market Share, By Material, By Volume, 2019–2030
- Table 3 Brazil Scrap Metal Recycling Market Share, By Scrap Type, By Value, 2019–2030
- Table 4 Brazil Scrap Metal Recycling Market Share, By Scrap Type, By Volume, 2019–2030
- Table 5 Brazil Scrap Metal Recycling Market Share, By Equipment, By Value, 2019–2030
- Table 6 Brazil Scrap Metal Recycling Market Share, By Equipment, By Volume, 2019–2030
- Table 7 Brazil Scrap Metal Recycling Market Share, By End User, By Value, 2019–2030
- Table 8 Brazil Scrap Metal Recycling Market Share, By End User, By Volume, 2019–2030
- Table 9 Gerdau S.A. Company Overview
- Table 10 Gerdau S.A. Financial Overview
- Table 11 Companhia Brasileira de Alumínio (CBA) Company Overview
- Table 12 Companhia Brasileira de Alumínio (CBA) Financial Overview
- Table 13 Metalic Company Overview
- Table 14 Metalic Financial Overview
- Table 15 R.S. Metais Company Overview
- Table 16 R.S. Metais Financial Overview
- Table 17 Brasil Metals Company Overview
- Table 18 Brasil Metals Financial Overview
- Table 19 WR Metais Company Overview
- Table 20 WR Metais Financial Overview
- Table 21 Cobrecom Company Overview
- Table 22 Cobrecom Financial Overview
- Table 23 Recemil Company Overview
- Table 24 Recemil Financial Overview
- Table 25 Other Prominent Players Company Overview
- Table 26 Other Prominent Players Financial Overview
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