Market Analysis and Insights: Global Car Recycling Market
The global Car Recycling market size is projected to reach US$ 171,626.98 million by 2028, from US$ 66,873.67 million in 2021, at a CAGR of 14.79% during 2022-2028.
In recycling segment, Steel accounted for a share of 68.73% in the global Car Recycling market. And this product segment is poised to reach US$ 114,631.75 million by 2028 from US$ 45,957.95 million in 2021.
North America car recycling market size is valued at US$ 21,501.54 million in 2021, while the Europe and China Car Recycling are US$18,042.27 million and US$ 9,440.97 million, severally. The proportion of the North America is 32.15% in 2021, while China and Europe are 14.12% and 26.9% respectively, and it is predicted that China proportion will reach 19.76% in 2028, trailing a CAGR of 20.30% through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 11.59%, 14.53%, and17.58% respectively for the next 6-year period.
The global car recycling market is very fragment, the key manufacturer includes LKQ, Scholz, Schnitzer Steel Industries, European Metal Recycling, ECOBAT, Sims Metal Management, ALBA Europe, Miracle Automation Engineering, GEM, KEIAISHA, Toyota Metal, Indra, Kaiho Sangyo, Mahindra MSTC Recycling. In 2021, the global top five players hold a share approximately 11.50% in terms of revenue. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Car Recycling market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Car Recycling market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Car Recycling market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Car Recycling market.
Global Car Recycling Scope and Segment
Car Recycling market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Car Recycling market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2017-2028.
By Company
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
Segment by Type
Steel
Non-ferrous Metal
Plastic
Rubber
Others
Segment by Application
Materials Recycling
Reusable Parts
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
Iran
Rest of MEA
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