Global End-of-Life Vehicle Recycling Market Growth (Status and Outlook) 2024-2030

Global End-of-Life Vehicle Recycling Market Growth (Status and Outlook) 2024-2030

End of Life Vehicle (ELV) recycling refers to the process of dismantling and recycling vehicles that have reached the end of their useful life. When a vehicle is no longer roadworthy or economically viable to repair, it becomes an ELV. Instead of being abandoned or sent to landfills, ELVs are recycled to recover valuable materials and minimize their environmental impact.

The global End-of-Life Vehicle Recycling market size is projected to grow from US$ 83210 million in 2024 to US$ 198380 million in 2030; it is expected to grow at a CAGR of 15.6% from 2024 to 2030.

LPI (LP Information)' newest research report, the “End-of-Life Vehicle Recycling Industry Forecast” looks at past sales and reviews total world End-of-Life Vehicle Recycling sales in 2022, providing a comprehensive analysis by region and market sector of projected End-of-Life Vehicle Recycling sales for 2023 through 2029. With End-of-Life Vehicle Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world End-of-Life Vehicle Recycling industry.

This Insight Report provides a comprehensive analysis of the global End-of-Life Vehicle Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on End-of-Life Vehicle Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global End-of-Life Vehicle Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for End-of-Life Vehicle Recycling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global End-of-Life Vehicle Recycling.

The key players of End-of-Life Vehicle Recycling include LKQ, Radius Recycling and Scholz, etc. The top three players hold a share over 10%. In terms of product type, Cars is the largest segment, which occupied for a share of about 80%. For application, Materials Recycling is the largest segment, which has a share about 81%.

This report presents a comprehensive overview, market shares, and growth opportunities of End-of-Life Vehicle Recycling market by product type, application, key players and key regions and countries.

Segmentation by Type:
Cars
Goods Transport Vehicles
Buses
Others

Segmentation by Application:
Materials Recycling
Parts Recycling

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Cars
Goods Transport Vehicles
Buses
Others

Segmentation by Application:
Materials Recycling
Parts Recycling

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
LKQ
Radius Recycling
Scholz
Sims
European Metal Recycling
ALBA Europe
Toyota Metal
KEIAISHA
Indra Automobile Recycling
GEM
Miracle Automation Engineering

Please note: The report will take approximately 2 business days to prepare and deliver.