The global recycled steel market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of the market can be attributed to the increasing demand for steel in various industries such as building and construction, packaging, automotive, industrial machinery, electronics and electrical equipment and shipbuilding. The recycling process helps in reducing the consumption of raw materials which will help in reducing environmental pollution. Recycled steel is also cheaper than new steel which will help in lowering production costs for manufacturers.
Some Of The Growth Factors Of This Market:
- The global steel industry is in a state of flux, with demand for steel declining and prices falling.
- Steel production has been increasing in China, which has led to an oversupply of steel globally.
- The US is the world's largest importer of steel, importing more than 10 million tons per year from China alone.
- In the US, there are more than 100 scrap metal recycling companies that employ more than 20,000 people and generate $5 billion in revenue annually.
- Recycled Steel can be used to make new products such as cars or appliances.
Industry Growth Insights published a new data on “Recycled Steel Market”. The research report is titled “Recycled Steel Market research by Types (Beams, Machines and Equipment, Cans and Containers, Longstanding Furnishings/Appliances), By Applications (Building & Construction, Packaging, Automotive, Industrial Machinery, Electronics & Electrical Equipment, Shipbuilding, Others), By Players/Companies ArcelorMittal, Gerdau, Metalico, Maanshan Iron & Steel, Baosteel Resources, Nucor, ...”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Recycled Steel Market Research Report
By Type
Beams, Machines and Equipment, Cans and Containers, Longstanding Furnishings/Appliances
By Application
Building & Construction, Packaging, Automotive, Industrial Machinery, Electronics & Electrical Equipment, Shipbuilding, Others
By Companies
ArcelorMittal, Gerdau, Metalico, Maanshan Iron & Steel, Baosteel Resources, Nucor, ...
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 Steel Market Report Segments:
The global Recycled Steel market is segmented on the basis of:
Types
Beams, Machines and Equipment, Cans and Containers, Longstanding Furnishings/Appliances
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, Packaging, Automotive, Industrial Machinery, Electronics & Electrical Equipment, Shipbuilding, Others
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
- Gerdau
- Metalico
- Maanshan Iron & Steel
- Baosteel Resources
- Nucor
- ...
Highlights of The Recycled Steel 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:
- Beams
- Machines and Equipment
- Cans and Containers
- Longstanding Furnishings/Appliances
- By Application:
- Building & Construction
- Packaging
- Automotive
- Industrial Machinery
- Electronics & Electrical Equipment
- Shipbuilding
- Others
- 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 Steel 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 steel is a type of steel that has been recycled from other materials.
Some of the major players in the recycled steel market are ArcelorMittal, Gerdau, Metalico, Maanshan Iron & Steel, Baosteel Resources, Nucor.
The recycled steel market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Recycled Steel 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 Steel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Recycled Steel Market - Supply Chain
4.5. Global Recycled Steel Market Forecast
4.5.1. Recycled Steel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Recycled Steel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Recycled Steel Market Absolute $ Opportunity
5. Global Recycled Steel 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 Steel Market Size and Volume Forecast by Type
5.3.1. Beams
5.3.2. Machines and Equipment
5.3.3. Cans and Containers
5.3.4. Longstanding Furnishings/Appliances
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Recycled Steel 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 Steel Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Packaging
6.3.3. Automotive
6.3.4. Industrial Machinery
6.3.5. Electronics & Electrical Equipment
6.3.6. Shipbuilding
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Recycled Steel 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 Steel 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 Steel 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 Steel 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 Steel Demand Share Forecast, 2019-2029
9. North America Recycled Steel 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 Steel 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 Steel Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Packaging
9.4.3. Automotive
9.4.4. Industrial Machinery
9.4.5. Electronics & Electrical Equipment
9.4.6. Shipbuilding
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Recycled Steel Market Size and Volume Forecast by Type
9.7.1. Beams
9.7.2. Machines and Equipment
9.7.3. Cans and Containers
9.7.4. Longstanding Furnishings/Appliances
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 Steel Demand Share Forecast, 2019-2029
10. Latin America Recycled Steel 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 Steel 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 Steel Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Packaging
10.4.3. Automotive
10.4.4. Industrial Machinery
10.4.5. Electronics & Electrical Equipment
10.4.6. Shipbuilding
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Recycled Steel Market Size and Volume Forecast by Type
10.7.1. Beams
10.7.2. Machines and Equipment
10.7.3. Cans and Containers
10.7.4. Longstanding Furnishings/Appliances
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 Steel Demand Share Forecast, 2019-2029
11. Europe Recycled Steel 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 Steel 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 Steel Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Packaging
11.4.3. Automotive
11.4.4. Industrial Machinery
11.4.5. Electronics & Electrical Equipment
11.4.6. Shipbuilding
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Recycled Steel Market Size and Volume Forecast by Type
11.7.1. Beams
11.7.2. Machines and Equipment
11.7.3. Cans and Containers
11.7.4. Longstanding Furnishings/Appliances
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 Steel Demand Share, 2019-2029
12. Asia Pacific Recycled Steel 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 Steel 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 Steel Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Packaging
12.4.3. Automotive
12.4.4. Industrial Machinery
12.4.5. Electronics & Electrical Equipment
12.4.6. Shipbuilding
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Recycled Steel Market Size and Volume Forecast by Type
12.7.1. Beams
12.7.2. Machines and Equipment
12.7.3. Cans and Containers
12.7.4. Longstanding Furnishings/Appliances
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 Steel Demand Share, 2019-2029
13. Middle East & Africa Recycled Steel 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 Steel 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 Steel Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Packaging
13.4.3. Automotive
13.4.4. Industrial Machinery
13.4.5. Electronics & Electrical Equipment
13.4.6. Shipbuilding
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Recycled Steel Market Size and Volume Forecast by Type
13.7.1. Beams
13.7.2. Machines and Equipment
13.7.3. Cans and Containers
13.7.4. Longstanding Furnishings/Appliances
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 Steel Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Recycled Steel Market: Market Share Analysis
14.2. Recycled Steel Distributors and Customers
14.3. Recycled Steel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ArcelorMittal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gerdau
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Metalico
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Maanshan Iron & Steel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Baosteel Resources
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nucor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
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