Global Steel Scrap Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	120 Pages	TechNavio	November, 2022	INF17509661

Best Price Guarantee
Price	from $2,500
Length	120 Pages
Publisher	TechNavio
Published Date	November, 2022
SKU	INF17509661

Global Steel Scrap Market 2023-2027

Technavio has been monitoring the steel scrap market and it is poised to grow by 62.78 MT during 2023-2027, accelerating at a CAGR of 1.62% during the forecast period. Our report on the steel scrap market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing application of steel scrap, the high demand for steel in industrial applications, and the growing demand from the construction industry.

Technavio's steel scrap market is segmented as below:

By End-user

Construction
Automotive
Consumer goods
Industrial goods

By Source

Obsolete steel scrap
Prompt steel scrap
Home steel scrap

By Geography

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the increase in M&A activities as one of the prime reasons driving the steel scrap market growth during the next few years. Also, the growing prevalence of steel recycling plants and supportive measures for the use of steel scrap will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the steel scrap market covers the following areas:

Steel scrap market sizing
Steel scrap market forecast
Steel scrap market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading steel scrap market vendors that include Ansteel Group Corp. Ltd., ArcelorMittal SA, Baosteel Group Corp., Benxi Steel Group Co. Ltd., China Baowu Steel Group Corp., Commercial Metals Co., EVRAZ Plc, Gerdau SA, JSW STEEL Ltd., Metalico Inc., Metinvest B.V, Nippon Steel Corp., Nucor Corp., Oryx Stainless AG, Schnitzer Steel Industries Inc., Sims Ltd., Steel and Scrap Pvt. Ltd., Steel Dynamics Inc., Tata Steel Ltd., and United States Steel Corp. Also, the steel scrap market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Market Segmentation by Source
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Global - Market size and forecast 2022-2027 (million t)
  - Table Chart on Global Market- Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market- Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global steel scrap market 2017 - 2021
  - Table Historic Market Size – Data Table on Global steel scrap market 2017 - 2021 (million t)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size – Geography Segment 2017 - 2021 (million t)
- Source Segment Analysis 2017 - 2021
  - Table Historic Market Size – Source Segment 2017 - 2021 (million t)
- End-user Segment Analysis 2017 - 2021
  - Table Historic Market Size – End-user Segment 2017 - 2021 (million t)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size – Country Segment 2017 - 2021 (million t)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2022-2027 (%)
  - Table Data Table on End-user - Market share 2022-2027 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Construction - Market size and forecast 2022-2027
  - Table Chart on Construction - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Construction - Market size and forecast 2022-2027 (million t)
  - Table Chart on Construction - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Construction - Year-over-year growth 2022-2027 (%)
- Automotive - Market size and forecast 2022-2027
  - Table Chart on Automotive - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Automotive - Market size and forecast 2022-2027 (million t)
  - Table Chart on Automotive - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Automotive - Year-over-year growth 2022-2027 (%)
- Consumer goods - Market size and forecast 2022-2027
  - Table Chart on Consumer goods - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Consumer goods - Market size and forecast 2022-2027 (million t)
  - Table Chart on Consumer goods - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Consumer goods - Year-over-year growth 2022-2027 (%)
- Industrial goods - Market size and forecast 2022-2027
  - Table Chart on Industrial goods - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Industrial goods - Market size and forecast 2022-2027 (million t)
  - Table Chart on Industrial goods - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Industrial goods - Year-over-year growth 2022-2027 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user (million t)
Market Segmentation by Source
- Market segments
  - Table Chart on Source - Market share 2022-2027 (%)
  - Table Data Table on Source - Market share 2022-2027 (%)
- Comparison by Source
  - Table Chart on Comparison by Source
  - Table Data Table on Comparison by Source
- Obsolete steel scrap - Market size and forecast 2022- 2027
  - Table Chart on Obsolete steel scrap - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Obsolete steel scrap - Market size and forecast 2022-2027 (million t)
  - Table Chart on Obsolete steel scrap - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Obsolete steel scrap - Year-over-year growth 2022-2027 (%)
- Prompt steel scrap - Market size and forecast 2022-2027
  - Table Chart on Prompt steel scrap - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Prompt steel scrap - Market size and forecast 2022-2027 (million t)
  - Table Chart on Prompt steel scrap - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Prompt steel scrap - Year-over-year growth 2022-2027 (%)
- Home steel scrap - Market size and forecast 2022-2027
  - Table Chart on Home steel scrap - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Home steel scrap - Market size and forecast 2022-2027 (million t)
  - Table Chart on Home steel scrap - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Home steel scrap - Year-over-year growth 2022-2027 (%)
- Market opportunity by Source
  - Table Market opportunity by Source (million t)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 (million t)
  - Table Data Table on APAC - Market size and forecast 2022-2027 (million t)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Europe - Market size and forecast 2022-2027 (million t)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 (million t)
  - Table Data Table on North America - Market size and forecast 2022-2027 (million t)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 (million t)
  - Table Data Table on South America - Market size and forecast 2022-2027 (million t)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 (million t)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 (million t)
  - Table Data Table on China - Market size and forecast 2022-2027 (million t)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 (million t)
  - Table Data Table on US - Market size and forecast 2022-2027 (million t)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- India - Market size and forecast 2022-2027
  - Table Chart on India - Market size and forecast 2022-2027 (million t)
  - Table Data Table on India - Market size and forecast 2022-2027 (million t)
  - Table Chart on India - Year-over-year growth 2022-2027 (%)
  - Table Data Table on India - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Japan - Market size and forecast 2022-2027 (million t)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- Russia - Market size and forecast 2022-2027
  - Table Chart on Russia - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Russia - Market size and forecast 2022-2027 (million t)
  - Table Chart on Russia - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Russia - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography (million t)
Drivers, Challenges, and Trends
- Market drivers
  - Increasing application of steel scrap
  - High demand for steel in industrial applications
  - Growing demand from the construction industry
- Market challenges
  - Complexity in sorting of steel scrap and presence of impurities in steel scrap
  - Threat of substitutes
  - Uncertainty in demand for steel and price of steel scraps
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Increase in M and A activities
  - Growing prevalence of steel recycling plants
  - Supportive measures for the use of steel scrap
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Ansteel Group Corp. Ltd.
  - Table Ansteel Group Corp. Ltd. - Overview
  - Table Ansteel Group Corp. Ltd. - Product / Service
  - Table Ansteel Group Corp. Ltd. - Key offerings
- ArcelorMittal SA
  - Table ArcelorMittal SA - Overview
  - Table ArcelorMittal SA - Business segments
  - Table ArcelorMittal SA - Key offerings
  - Table ArcelorMittal SA - Segment focus
- Baosteel Group Corp.
  - Table Baosteel Group Corp. - Overview
  - Table Baosteel Group Corp. - Product / Service
  - Table Baosteel Group Corp. - Key offerings
- China Baowu Steel Group Corp.
  - Table China Baowu Steel Group Corp. - Overview
  - Table China Baowu Steel Group Corp. - Product / Service
  - Table China Baowu Steel Group Corp. - Key offerings
- Commercial Metals Co.
  - Table Commercial Metals Co. - Overview
  - Table Commercial Metals Co. - Business segments
  - Table Commercial Metals Co. - Key offerings
  - Table Commercial Metals Co. - Segment focus
- EVRAZ Plc
  - Table EVRAZ Plc - Overview
  - Table EVRAZ Plc - Business segments
  - Table EVRAZ Plc - Key offerings
  - Table EVRAZ Plc - Segment focus
- Gerdau SA
  - Table Gerdau SA - Overview
  - Table Gerdau SA - Business segments
  - Table Gerdau SA - Key offerings
  - Table Gerdau SA - Segment focus
- Metalico Inc.
  - Table Metalico Inc. - Overview
  - Table Metalico Inc. - Product / Service
  - Table Metalico Inc. - Key offerings
- Nucor Corp.
  - Table Nucor Corp. - Overview
  - Table Nucor Corp. - Business segments
  - Table Nucor Corp. - Key news
  - Table Nucor Corp. - Key offerings
  - Table Nucor Corp. - Segment focus
- Oryx Stainless AG
  - Table Oryx Stainless AG - Overview
  - Table Oryx Stainless AG - Product / Service
  - Table Oryx Stainless AG - Key offerings
- Schnitzer Steel Industries Inc.
  - Table Schnitzer Steel Industries Inc. - Overview
  - Table Schnitzer Steel Industries Inc. - Business segments
  - Table Schnitzer Steel Industries Inc. - Key offerings
  - Table Schnitzer Steel Industries Inc. - Segment focus
- Sims Ltd.
  - Table Sims Ltd. - Overview
  - Table Sims Ltd. - Business segments
  - Table Sims Ltd. - Key offerings
  - Table Sims Ltd. - Segment focus
- Steel Dynamics Inc.
  - Table Steel Dynamics Inc. - Overview
  - Table Steel Dynamics Inc. - Business segments
  - Table Steel Dynamics Inc. - Key offerings
  - Table Steel Dynamics Inc. - Segment focus
- Tata Steel Ltd.
  - Table Tata Steel Ltd. - Overview
  - Table Tata Steel Ltd. - Business segments
  - Table Tata Steel Ltd. - Key news
  - Table Tata Steel Ltd. - Key offerings
- United States Steel Corp.
  - Table United States Steel Corp. - Overview
  - Table United States Steel Corp. - Business segments
  - Table United States Steel Corp. - Key news
  - Table United States Steel Corp. - Key offerings
  - Table United States Steel Corp. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations