Recycled Metal

Recycled Metal Market Size Valuation To Exceed US$ 102 Bn by 2030 Recycled Metal Market Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 - 2030

Share This Article

As per the experts, the recycled metal market is predicted to record a growth rate of 4.2% from 2021-2030 and is projected to reach US$ 102 billion by 2030.

The study provides the overall revenue of the global recycled metal market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global recycled metal market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the recycled metal industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

We customize your report according to your research need. REQUEST SAMPLE OR CUSTOMIZED COPY OF THIS REPORT (Including TOC, List of Tables & Figures, and Chart) @ https://www.precedenceresearch.com/customization/1349

Crucial factors accountable for market growth are:

  • Rising investments in infrastructural development
  • Rising urbanization and industrialization
  • Development of improved waste management systems
  • Rising awareness regarding the environmental impacts of metal mining
  • Rising demand from the automotive sector
  • Rapidly growing building and construction industry
  • Government regulations on recycled plastic

Report Highlights

  • Based on the metal type, the non-ferrous segment is expected to be the fastest-growing segment. The extensive usage of aluminium in the automotive, construction, aerospace, and various consumer goods industries is the major factor accountable to drive the segment growth in the upcoming future.
  • Based on the end user, the construction segment is estimated to be the fastest-growing segment owing the rising investment in the development of infrastructure in the developing regions such as Middle East, Africa, Asia, and Latin America.

Report Scope of the Recycled Metal Market

Report Coverage Details
Market Size in 2020 US$ 67.6 billion
Growth Rate From 2021 to 2030 CAGR of 4.2%
Fastest Growing Market North America
Largest Market Asia Pacific
Base Year 2021
Forecast Period 2021 to 2030
By Mental Type
  • Ferrous
  • Non-Ferrous
Companies Mentioned Tata Steel, CMC, GFG Alliances, Novelis, European Metal Recycling, Norsk Hydro ASA, Sims Metal Management, Commercial Metal Company, Aurubis AG, Steel Dynamics, Nucor Corporation, ELG HanielGmbh and Schnitzer Steel

Regional Snapshots

Based on region, Asia Pacific dominated the global recycled metal market with a share of over 50% in 2020, in terms of revenue and is estimated to sustain its dominance during the forecast period. The Asia Pacific has the highest number of countries that are still developing and underdeveloped. The growing public and private investments in the development of sophisticated infrastructure in these developing nations is a crucial factor responsible for driving the growth of the recycled metal market. Further, Asia Pacific is among the top importers of recycled metal. The lack of advanced technology for recycling metal coupled with huge demand for the recycled metal has made this region a top consumer of recycled metal. The rising industrialization and rapid urbanization are expected to drive the growth of the recycled metal market in the region during the forecast period.

On the other hand, North America is estimated to be the most opportunistic market during the forecast period. The rising popularity of electric vehicles and demand for advanced electronic goods are the major factors of growth. Recycled metal is extensively used in the electronics and automotive industry and hence, the growth of these industries will propel the demand for the recycled metal in North America during the forecast period.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global recycled metal market are as follows:

  • CMC
  • Tata Steel
  • GFG Alliances
  • European Metal Recycling
  • Norsk Hydro ASA
  • Novelis
  • Sims Metal Management
  • Commercial Metal Company
  • Steel Dynamics
  • Nucor Corporation
  • Aurubis AG
  • ELG HanielGmbh and Schnitzer Steel

Segments Covered in the Report

By Metal Type

  • Ferrous
  • Non-Ferrous

By End User

  • Construction
  • Transport & Automotive
  • Industrial Machinery
  • Electronics
  • Defense
  • Packaging
  • Military
  • Consumer Goods
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the recycled metal market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global recycled metal market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for recycled metal are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Recycled Metal Market 

5.1. COVID-19 Landscape: Recycled Metal Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Recycled Metal Market, By Metal Type

8.1. Recycled Metal Market, by Metal Type, 2021-2030

8.1.1. Ferrous

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Non-Ferrous

8.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Recycled Metal Market, By Application

9.1. Recycled Metal Market, by Application, 2021-2030

9.1.1. Construction

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Transport & Automotive

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Industrial Machinery

9.1.3.1. Market Revenue and Forecast (2019-2030)

9.1.4. Electronics

9.1.4.1. Market Revenue and Forecast (2019-2030)

9.1.5. Defense

9.1.5.1. Market Revenue and Forecast (2019-2030)

9.1.6. Packaging

9.1.6.1. Market Revenue and Forecast (2019-2030)

9.1.7. Consumer Goods

9.1.7.1. Market Revenue and Forecast (2019-2030)

9.1.8. Military

9.1.8.1. Market Revenue and Forecast (2019-2030)

9.1.9. Others

9.1.9.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Recycled Metal Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.1.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.1.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.2.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.2.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.3.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.4.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.5.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Metal Type (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Application (2019-2030)

Chapter 11. Company Profiles

11.1. CMC

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Tata Steel

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. GFG Alliances

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. European Metal Recycling

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Norsk Hydro ASA

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Novelis

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Sims Metal Management

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Commercial Metal Company

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Steel Dynamics

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Nucor Corporation

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

Purchase This Premium Research Report @ https://www.precedenceresearch.com/checkout/1349

About Us

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defence, among different ventures, present globally.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://precedenceresearchnews.wordpress.com

Follow us on LinkedIn | Twitter | Facebook

Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

View all posts by Precedence Research →