Global Scrap Recycling Market Growth (Status and Outlook) 2023-2029

Global Scrap Recycling Market Growth (Status and Outlook) 2023-2029

Scrap recycling is a process by which old products are recycled into new products or raw materials that are used to manufacture new products. Various materials like ferrous and non-ferrous metals, paper, plastic, textiles, and rubber are recycled and used for further processes like crude steel production, paper manufacturing, plastic manufacturing, and tire manufacturing. Recycled materials reduce landfill waste. Low carbon footprint, less pollution, and reduction in GHG emissions are major advantages of using recycled materials.

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

This Insight Report provides a comprehensive analysis of the global Scrap 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 analyzes the strategies of leading global companies with a focus on Scrap Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Scrap Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Scrap 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 Scrap Recycling.

The global Scrap Recycling market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Scrap Recycling is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Scrap Recycling is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Scrap Recycling is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Scrap Recycling players cover Republic Services, Schnitzer Steel Industries, Sims Recycling, Waste Management, American Iron & Metal, AMG Resources, Alter Trading, Azcon and Commercial Metals, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Ferrous and Non-Ferrous Metals
Paper
Plastic
Textiles
Rubber
Other

Segmentation by application
Extraction of Material
Regeneration Use

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.
Republic Services
Schnitzer Steel Industries
Sims Recycling
Waste Management
American Iron & Metal
AMG Resources
Alter Trading
Azcon
Commercial Metals
European Metal Recycling
Ferrous Processing & Trading
Gerdau Ameristeel Recycling
OmniSource

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