Metal Recycling in China - Industry Market Research Report

Metal Recycling in China - Industry Market Research Report

Metal Recycling in China

The Metal Recycling industry in China has grown over the past five years. Industry revenue is expected to rise at an annualized 4.3% over the five years through 2022, to $68.9 billion. This trend includes anticipated growth of 8.0% in the current year. Although growth in the Chinese economy has slowed, rising urbanization has raised demand for industry products and services. In particular, large downstream markets such as automobile, and equipment & machinery manufacturing sectors have continued to develop and driven industry growth over the period. Prior to the current five-year period, industry revenue growth slowed as the effects of government controls on the real estate sector reduced both demand and supply for scrap metals.

Firms in the industry recycle metal and other waste into new usable raw materials. Commonly recycled metals include steel, copper, aluminum, zinc, lead, nickel and titanium. The typical recycling process involves sorting, shearing, shredding, torching and extracting.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.