Market Overview:
The global recycled metal market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for recycled metals from various end-use industries, such as building & construction, automotive, electrical & electronics, shipbuilding and industrial machinery. In terms of type, the ferrous segment is expected to dominate the global recycled metal market during the forecast period owing to its high demand from various end-use industries. However, non-ferrous metals are also witnessing a high demand due to their properties such as light weight and corrosion resistance.
Product Definition:
The term "recycled metal" is used to describe any metal that has been previously processed and used, then recycled and re-used. Recycled metal can come from a variety of different sources, including scrap metal yards, manufacturing plants, and demolition projects. The most common types of recycled metals are aluminum, steel, copper, brass, and bronze.
There are many benefits to using recycled metals over virgin materials. First and foremost is the environmental benefit - recycling metals reduces the amount of energy needed to produce new metals from scratch. It also reduces pollution and waste production. Additionally, using recycled metals helps preserve natural resources since it takes less energy (and therefore fewer resources) to recycle a material than to extract it from the ground.
Ferrous:
Ferrous is a metal that gains its name from the Latin word for iron. It includes metals such as steel, cast iron, and pig iron. The majority of the world's supply of ferrous is produced through two primary sources: (1) direct reduction and (2) electric arc furnaces.
Non-ferrous:
Non-ferrous metals are a part of the category of metals that includes aluminum, copper, lead, zinc and tin. These are generally found in combination with other metals or on their own. Copper is by far the most abundant non-ferrous metal and is widely used in applications such as electrical wiring & plumbing; construction materials (such as pipes); consumer goods (such as kitchenware) and industrial products (such as batteries).
Application Insights:
Building and construction was the largest application segment in 2016, accounting for a share of over 50.0% in terms of volume. The growth can be attributed to increasing demand for steel from the building and construction industry across the globe. Latin America is one of the prominent producers & consumers of building & construction products which contributes to market growth on a global level.
The automotive sector is also likely to witness significant growth owing to rising demand for vehicles across various regions including Asia Pacific, North America, and Europe. Increasing production capacities coupled with growing consumer interest in sports cars, luxury vehicles along with commercial vehicle sales will boost recycled metal consumption in this sector over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Increasing construction spending in these countries coupled with growing automotive production is likely to drive demand for recycled metal products over the coming years.
Europe accounted for a significant share of global revenue in 2017 owing to high recycling rates practiced by various countries such as Austria, Belgium, Germany and Sweden.
Growth Factors:
- Increasing awareness about the benefits of recycled metal over virgin metal
- Rising demand for recycled metal in automotive and construction industries
- Stringent government regulations on waste management and recycling
- Growing use of recycled metals in green technologies and renewable energy projects
- Technological advancements that improve the efficiency of recycling processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Recycled Metal Market Research Report
By Type
Ferrous, Non-ferrous
By Application
Building & Construction, Automotive, Electrical & Electronics, Shipbuilding, Industrial Machinery
By Companies
ArcelorMittal (Luxembourg), Sims Metal Management Limited, Nucor Corporation, Commercial Metals Company, Aurubis AG, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Recycled Metal Market Report Segments:
The global Recycled Metal market is segmented on the basis of:
Types
Ferrous, Non-ferrous
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Construction, Automotive, Electrical & Electronics, Shipbuilding, Industrial Machinery
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ArcelorMittal (Luxembourg)
- Sims Metal Management Limited
- Nucor Corporation
- Commercial Metals Company
- Aurubis AG
- ...
Highlights of The Recycled Metal Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ferrous
- Non-ferrous
- By Application:
- Building & Construction
- Automotive
- Electrical & Electronics
- Shipbuilding
- Industrial Machinery
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Recycled Metal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Recycled metal is metal that has been recycled from previously used products. It can be made up of a variety of materials, including aluminum, copper, brass, and steel. Recycled metals are often used in new products or components because they are strong and durable.
Some of the major companies in the recycled metal market are ArcelorMittal (Luxembourg), Sims Metal Management Limited, Nucor Corporation, Commercial Metals Company, Aurubis AG.
The recycled metal market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Recycled Metal Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Recycled Metal Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Recycled Metal Market - Supply Chain
4.5. Global Recycled Metal Market Forecast
4.5.1. Recycled Metal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Recycled Metal Market Size (000 Units) and Y-o-Y Growth
4.5.3. Recycled Metal Market Absolute $ Opportunity
5. Global Recycled Metal Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Recycled Metal Market Size and Volume Forecast by Type
5.3.1. Ferrous
5.3.2. Non-ferrous
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Recycled Metal Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Recycled Metal Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Automotive
6.3.3. Electrical & Electronics
6.3.4. Shipbuilding
6.3.5. Industrial Machinery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Recycled Metal Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Recycled Metal Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Recycled Metal Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Recycled Metal Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Recycled Metal Demand Share Forecast, 2019-2029
9. North America Recycled Metal Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Recycled Metal Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Recycled Metal Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Automotive
9.4.3. Electrical & Electronics
9.4.4. Shipbuilding
9.4.5. Industrial Machinery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Recycled Metal Market Size and Volume Forecast by Type
9.7.1. Ferrous
9.7.2. Non-ferrous
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Recycled Metal Demand Share Forecast, 2019-2029
10. Latin America Recycled Metal Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Recycled Metal Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Recycled Metal Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Automotive
10.4.3. Electrical & Electronics
10.4.4. Shipbuilding
10.4.5. Industrial Machinery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Recycled Metal Market Size and Volume Forecast by Type
10.7.1. Ferrous
10.7.2. Non-ferrous
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Recycled Metal Demand Share Forecast, 2019-2029
11. Europe Recycled Metal Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Recycled Metal Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Recycled Metal Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Automotive
11.4.3. Electrical & Electronics
11.4.4. Shipbuilding
11.4.5. Industrial Machinery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Recycled Metal Market Size and Volume Forecast by Type
11.7.1. Ferrous
11.7.2. Non-ferrous
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Recycled Metal Demand Share, 2019-2029
12. Asia Pacific Recycled Metal Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Recycled Metal Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Recycled Metal Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Automotive
12.4.3. Electrical & Electronics
12.4.4. Shipbuilding
12.4.5. Industrial Machinery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Recycled Metal Market Size and Volume Forecast by Type
12.7.1. Ferrous
12.7.2. Non-ferrous
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Recycled Metal Demand Share, 2019-2029
13. Middle East & Africa Recycled Metal Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Recycled Metal Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Recycled Metal Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Automotive
13.4.3. Electrical & Electronics
13.4.4. Shipbuilding
13.4.5. Industrial Machinery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Recycled Metal Market Size and Volume Forecast by Type
13.7.1. Ferrous
13.7.2. Non-ferrous
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Recycled Metal Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Recycled Metal Market: Market Share Analysis
14.2. Recycled Metal Distributors and Customers
14.3. Recycled Metal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ArcelorMittal (Luxembourg)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sims Metal Management Limited
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nucor Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Commercial Metals Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Aurubis AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ...
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
