Scrap Metal Recycling Market size worth USD 112.94 Billion, Globally, by 2030 at 7.58% CAGR: Verified Market Research®
JERSEY CITY, N.J., Aug. 31, 2023 /PRNewswire/ -- The Global Scrap Metal Recycling Market is projected to grow at a CAGR of 7.58% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 58.49 Billion in 2021 and is expected to reach USD 112.94 Billion by the end of the forecast period.
- The report provides an in-depth analysis of the global Scrap Metal Recycling Market, including its growth prospects, market trends, and market challenges.
- JERSEY CITY, N.J., Aug. 31, 2023 /PRNewswire/ -- The Global Scrap Metal Recycling Market is projected to grow at a CAGR of 7.58% from 2023 to 2030, according to a new report published by Verified Market Research®.
- The global scrap metal recycling market is experiencing robust growth as industries increasingly adopt sustainable practices while meeting rising demands.
- The surge in demand for scrap metal across various sectors, such as steel, automotive, metal manufacturing, and construction, is a primary driver of the Global Scrap Metal Recycling Market.