Global Metal Recycling Market to 2025 - Building & Construction Segment is the Fastest-Growing Segment in the Metal Recycling Market - ResearchAndMarkets.com
Based on type, the ferrous segment is projected to be a faster-growing market during the forecast period.
The "Metal Recycling Market by Metal (Ferrous and Non-Ferrous), Scrap Type (Old Scrap and New Scrap), End-Use Sector (Construction, Automotive, Shipbuilding, Equipment Manufacturing, Consumer Appliances), Equipment, and Regions - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
Based on type, the ferrous segment is projected to be a faster-growing market during the forecast period. Iron and steel scraps are some of the most widely recycled ferrous metals in the world. This scrap comes from end-of-life products and scrap generated through manufacturing processes. The use of scrap in steel production has formed an integral part of the steelmaking industry. According to the Bureau of International Recycling, 40% of steel production is made from scraps.
In terms of value and volume, the building & construction segment of the metal recycling market is projected to grow at the highest CAGR during the forecast period.
The building & construction segment is the fastest-growing segment in the metal recycling market. The need to reduce the environmental impact of mining metals has encouraged the use of recycled metals in the building & construction sector. Most recycled metals used in this sector are obtained from demolition waste, which is one of the largest sources of metal waste, especially in the US.
In terms of both value as well as volume, the Asia Pacific region is expected to account for the largest share in the global metal recycling market during the forecast period.
The Asia Pacific is the fastest-growing market for metal recycling due to its increasing economic growth. It accounted for over a third of the world's GDP, according to a paper published by World Economics in February 2017. According to the Population Reference Bureau, the fastest-growing consumer markets of China, India, and other Asia Pacific countries had a combined population exceeding four billion people (as of 2018). This is projected to be an essential driver for global consumption of consumer durables and the building & construction sector over the next two decades; this, in turn, is expected to lead to the growth of the metal recycling market. Other drivers that will have a positive impact on this market are increasing household incomes and the growing middle-class population.
Key Benefits of Buying the Report
The report is projected to help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall metal recycling market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.4 Study Scope
1.5 Currency Considered
1.6 Units Considered
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 YC, YCC Shift
6 Metal Recycling Market, By Scrap Type
6.1 Introduction
6.2 Old Scrap
6.3 New Scrap
7 Metal Recycling Market, By Type
7.1 Introduction
7.2 Ferrous
7.3. Non-Ferrous
8 Metal Recycling Market, By Equipment
8.1 Introduction
8.2 Shredders
8.3 Shears
8.4 Granulating Machines
8.5 Briuetting Machines
9 Metal Recycling, By End-Use Sector
9.1. Introduction
9.2. Building & Construction
9.3. Automotive
9.4. Equipment Manufacturing
9.5. Shipbuilding
9.6. Packaging
9.7. Consumer Appliances
9.8. Others
10 Metal Recycling Market, By Region
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 Middle East & Africa
10.6 South America
11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking
12 Company Profiles
12.1 Arcelormittal
12.2 Nucor Corporation
12.3 Commercial Metals Company
12.4 Sims Metal Management Limited
12.5 Aurubis AG
12.6 European Metal Recycling Limited
12.7 Dowa Holdings Co., Ltd.
12.8 Tata Steel Limited
12.9 Baosteel Group Corporation
12.10 Remondis Se & Co. KG
12.10.1 Additional Company Profiles
12.10.1.1 Novelis Inc.,
12.10.1.2 Norton Aluminum Ltd.
12.10.1.3 Kuusakosi
12.10.1.4 Tom Martin & Co. Ltd.
12.10.1.5 Omnisource Corporation
12.10.1.6 Schnitzer Steel Industries, Inc.
12.10.1.7 Industrial Services of America, Inc
12.10.1.8 Gerdau
12.10.1.9 American Iron & Metal
12.10.1.10 Totall Metal Recycling, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/ovq022
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