Global Car Recycling Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Car Recycling Market 2024 by Company, Regions, Type and Application, Forecast to 2030

The automobile is already one of the most effectively recovered and recycled consumer products, with its parts being used again in vehicles or for other purposes. The metals used in its manufacture are routinely recovered, reused and recycled to high levels. A major benefit of car recycling is that the steel from their parts can be reused for other purposes. This means that new ore doesn’t have to be mined and less energy is needed for the manufacture of recycled steel. This results in less air pollution, less water pollution and less mining waste, all a plus for the environment. Proper recycling of cars also safely disposes of hazardous materials from the vehicle, such as oil, coolant, brake fluid and air conditioning gases that are harmful to environment and humans.

According to our (Global Info Research) latest study, the global Car Recycling market size was valued at US$ 77200 million in 2023 and is forecast to a readjusted size of USD 196520 million by 2030 with a CAGR of 14.4% during review period.

Global key players of car recycling include LKQ, Scholz, Schnitzer Steel Industries, European Metal Recycling, ECOBAT Technologies, etc. The top five players hold a share about 12%. North America is the largest market, has a share about 32%, followed by Europe and Asia-Pacific, with share 29% and 27%, separately.

This report is a detailed and comprehensive analysis for global Car Recycling market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Car Recycling market size and forecasts, in consumption value ($ Million), 2019-2030

Global Car Recycling market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Car Recycling market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Car Recycling market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Car Recycling

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Car Recycling market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LKQ, Scholz, Schnitzer Steel Industries, European Metal Recycling, ECOBAT Technologies, Sims Metal Management, ALBA Europe, Miracle Automation Engineering, GEM, KEIAISHA, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Car Recycling market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Car Recycling market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Steel
Non-ferrous Metal
Plastic
Rubber
Others

Market segment by Application
Materials Recycling
Reusable Parts

Market segment by players, this report covers
LKQ
Scholz
Schnitzer Steel Industries
European Metal Recycling
ECOBAT Technologies
Sims Metal Management
ALBA Europe
Miracle Automation Engineering
GEM
KEIAISHA
Toyota Metal
Indra
Kaiho Sangyo
Mahindra MSTC Recycling

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Car Recycling product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Car Recycling, with revenue, gross margin, and global market share of Car Recycling from 2019 to 2024.

Chapter 3, the Car Recycling competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Car Recycling market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Car Recycling.

Chapter 13, to describe Car Recycling research findings and conclusion.