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Global Metal Waste and Recycling Market Growth 2023-2029
Product Code:457715
Published Date: Feb 08,2023
Pages: 107
Region: Global
Category: Chemical & Material
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Metal Scrap includes ferrous scrap and non- ferrous scrap. Ferrous Metal (Iron) and steel scrap, also referred to as ferrous scrap, comes from end of life products (old or obsolete scrap) as well as scrap generated from the manufacturing process (new, prime or prompt scrap). Obsolete ferrous scrap is recovered from automobiles, steel structures, household appliances, railroad tracks, ships, farm equipment and other sources. Nonferrous metals, including aluminum, copper, lead, nickel, tin, zinc, and others, are among the few materials that do not degrade or lose their chemical or physical properties in the recycling process. As a result, nonferrous metals have the capacity to be recycled an infinite number of times.
LPI (LP Information)' newest research report, the “Metal Waste and Recycling Industry Forecast” looks at past sales and reviews total world Metal Waste and Recycling sales in 2022, providing a comprehensive analysis by region and market sector of projected Metal Waste and Recycling sales for 2023 through 2029. With Metal Waste and Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal Waste and Recycling industry.
This Insight Report provides a comprehensive analysis of the global Metal Waste and 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 Metal Waste and Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Metal Waste and Recycling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal Waste and 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 Metal Waste and Recycling.
The global Metal Waste and Recycling market size is projected to grow from US$ 258390 million in 2022 to US$ 382600 million in 2029; it is expected to grow at a CAGR of 382600 from 2023 to 2029.
The major players in global metal waste and recycling market include Arcelormittal, SIMS Metal Management, European Metal Recycling Limited, Chiho Environmental Group, OmniSource, etc. The top five players occupy over 8% shares of the global market. Europe is the largest producer, has a share about 27%, followed by China and North America, with share 26% and 20%, separately. The largest market is Europe, holds a share about 26%, followed by China and North America, with around 25% and 21% market share respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Metal Waste and Recycling market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ferrous Metal
Non-ferrous Metal
Segmentation by application
Building & Construction
Automotive
Equipment Manufacturing
Shipbuilding
Consumer Appliances
Battery
Packaging
Others
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.
Arcelormittal
David J. Joseph Co (Nucor)
Commercial Metals Company
SIMS Metal Management
Aurubis
European Metal Recycling
DOWA
Chiho Environmental Group
OmniSource
Hindalco
Hanwa
Key Questions Addressed in this Report
What is the 10-year outlook for the global Metal Waste and Recycling market?
What factors are driving Metal Waste and Recycling market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Metal Waste and Recycling market opportunities vary by end market size?
How does Metal Waste and Recycling break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?