Metal Recycling Market was valued at US$ 65.81 Bn. in 2022 and is expected to reach US$ 113.52 Bn. in 2029, at a CAGR of 8.1 % during a forecast period.
Metal Recycling Market Overview
The recent market report on Metal Recycling Market MMR presents a strategic analysis that sheds light on crucial aspects such as top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors. This comprehensive report serves as an effective tool to analyse the Metal Recycling market thoroughly.
Metal Recycling Market Report Scope and Research Methodology
The market research study on Metal Recycling adopts a comprehensive approach, leveraging a wide range of reliable secondary sources. These sources include accredited publications, expert-authored articles, white papers, company annual reports, reputable websites, directories, and prominent databases. By extensively utilizing secondary sources, the report gathers valuable and impactful information, enabling an in-depth analysis of the global Metal Recycling market from technical, market-oriented, and commercial perspectives.
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Metal Recycling Market Regional Insights
The global Metal Recycling market is segmented across North America, South America, Europe, Asia Pacific, and Middle East & Africa. With North America as the largest Metal Recycling market, accounting for more than half of the global demand, the region houses some of the world’s leading Metal Recycling producers and exporters.
Metal Recycling Market Segmentation
by Product
Steel
Aluminum
Copper
Others
by Application
Construction
Automotive
Consumer Goods
Industrial Goods
by Metal Type
Ferrous Metal
Non-Ferrous Metal
by Scrap Type
Old Scrap
New Scrap
Based on Application, in 2022, the construction sector led the market, accounting for more than 46.0% of global volume. Steel and aluminum are in high demand in the global building industry. Rising urbanization as a result of rising disposable income levels in emerging nations is expected to contribute to the growth of the construction industry, fuelling demand for construction metal goods. This, in turn, is likely to propel the recycling industry forward.
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Metal Recycling Market Key Players
1.Nucor Corporation
2. ArcelorMittal
3. Sims Metal Management Limited
4. CMC
5. DOWA HOLDINGS Co., Ltd.
6. Aurubis AG
7. Baosteel Group
8. Tata Steel
9. TOTALL Metal Recycling, Inc.
10. European Metal Recycling
11. Commercial Metals Company
12. Schnitzer Steel Industries
13. OmniSource Corporation
14. Tube City Inc.
15. Ferrous Processing and Trading Co.
Key questions answered in Metal Recycling Market are:
- What was the Metal Recycling market size in 2022?
- What is the expected Metal Recycling market size by 2029?
- What is the growth rate of the Metal Recycling Market?
- Which are the factors expected to drive the Metal Recycling market growth?
- Which segment dominated the Metal Recycling market growth?
- Which region held the largest share in the Metal Recycling market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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