Recycled Metal Market, By Type of Metal, By End-Use Industry, By Source of Material, By Recycling Process, and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Metal recycling is simply the process of taking waste metal, processing it and creating new metal material. This recycled metal can be used to make metal products which can then be recycled once used or not needed. There are many advantages to recycling metal, including environmental benefits as well as energy savings Aluminum, steel, copper, brass, bronze, silver, and gold are all types of metals that can be recycled. Recycling metal helps reduce the amount of waste that is sent to landfills, and it also helps conserve natural resources
Market Dynamics:
Environmental concerns, resource scarcity, regulatory support, cost savings, circular economy initiatives, technological advancements, consumer preference for sustainable products, corporate sustainability goals, infrastructure development, and innovation in applications are major factors expected to drive growth of the global recycled metal market during the forecast period.
However, contamination concerns, inconsistent supply, technological limitations, market price volatility & lack of infrastructure, are expected to hamper the growth of the global recycled metal market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global recycled metal market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global recycled metal market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Sims Metal Management Ltd., Schnitzer Steel Industries, Inc., Nucor Corporation, European Metal Recycling Ltd., Kuusakoski Group, Novelis Inc., OmniSource Corporation, Ferrous Processing & Trading Co. (FTP), Metal Management Inc., ELG Haniel Group
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global recycled metal market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global recycled metal market.
Detailed Segmentation:
Global Recycled Metal Market, By Type of Metal:
Ferrous Metals
Non-Ferrous Metals
Global Recycled Metal Market, By End-Use Industry:
Construction
Automotive
Electronics
Packaging
Energy
Manufacturing
Aerospace
Jewelry and Art
Global Recycled Metal Market, By Source of Material
Post-Consumer Scrap
Industrial Scrap
Construction Scrap
Obsolete Electronics
Global Recycled Metal Market, By Recycling Process
Shredding and Melting
Electrolysis
Smelting
Hydrometallurgical Processes
Global Recycled Metal Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles:
Sims Metal Management Ltd.
Schnitzer Steel Industries, Inc.
Nucor Corporation
European Metal Recycling Ltd.
Kuusakoski Group
Novelis Inc.
OmniSource Corporation
Ferrous Processing & Trading Co. (FTP)
Metal Management Inc.
ELG Haniel Group
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Type of Metal
Market Snapshot, By End-Use Industry
Market Snapshot, By Source of Material
Market Snapshot, By Recycling Process
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis