The report covers the forecast and analysis of the Scrap Metal Recycling market on a global and regional level. The study provides historical data from 2013 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Billion). The study includes drivers and restraints of the Scrap Metal Recycling market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Scrap Metal Recycling market on a global level.
In order to give the users of this report a comprehensive view of the Scrap Metal Recycling market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the Scrap Metal Recycling market by segmenting the market based on the on metal type, end-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The thriving consumer electronics & automotive sectors are expected to leverage the growth of the scrap metal recycling industry during the forecast timeline. Moreover, launching new technologies in the vehicle sector including 3D laminated glass, AR heads-up displays, and haptic sensors providing driver alerts, warnings, and safety aids on invisible screens will drive the demand for scrap metal recycling over the forecast period. Additionally, technological breakthroughs in the consumer electronics sector will embellish the market expansion over the forecast period.
Based on the metal type, the market for scrap metal recycling is divided into Ferrous Metals and Non-Ferrous Metals. In terms of end-user, the industry is classified into Automotive, Industrial Machinery, Packaging, Ship Building, Electronics & Electrical Equipment, and Building & Construction.
Some of the key participants in the business include ArcelorMittal, Aurubis AG, Commercial Metals Company, Dowa Holdings Co., Ltd., European Metal Recycling Limited, Nucor Corporation, OBniSource Corporation (Steel Dynamics, Inc.), Schnitzer Steel Industries, Inc., SIMS Metal Management Limited, and Tata Steel.
Global Scrap Metal Recycling : Regional Segment Analysis
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Table of Content
Industry Major Market Players