2022 Market Research Report on Global Metal Waste and Recycling Industry
Due to the COVID-19 pandemic, the global Metal Waste and Recycling market size is estimated to be worth US$ 282 billion in 2022 and is forecast to a readjusted size of US$ 390 billion by 2028 with a CAGR of 5.56% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Ferrous Metal (Iron) accounting for 54% of the Metal Waste and Recycling global market in 2021, is projected to value US$ 207 billion by 2028, growing at a revised 5.51% CAGR from 2022 to 2028.
The global major manufacturers of Metal Waste and Recycling include Arcelormittal, David J. Joseph Co (Nucor), Commercial Metals Company, SIMS Metal Management, Aurubis, European Metal Recycling, DOWA, Chiho Environmental Group, and etc. In terms of revenue, the global three largest players hold a 6.36% market share of Metal Waste and Recycling in 2021.
Global Metal Waste and Recycling Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Metal Waste and Recycling Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
Arcelormittal
David J. Joseph Co (Nucor)
Commercial Metals Company
SIMS Metal Management
Aurubis
European Metal Recycling
DOWA
Chiho Environmental Group
OmniSource
Hindalco
Hanwa
Segment by Type
Ferrous Metal (Iron)
Non-ferrous Metal (Copper, Silver, Brass, Aluminum, Gold, etc.)
Segment by Application
Building & Construction
Automotive
Equipment Manufacturing
Shipbuilding
Consumer Appliances
Battery
Packaging
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Mexico
Asia-Pacific
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
South America
Brazil
Rest of South America
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