Recycled metal market will reach an estimated valuation of USD 1,102.47 million tons by 2027, while registering this growth at a rate of 4.20% for the forecast period of 2020 to 2027.
The Global Recycled Metal Market report brings into light key market dynamics of the sector. Recycled Metal Market research report execution is becoming very vital for the businesses to gain success because it offers many benefits including insights into revenue growth and sustainability initiative. The large scale Recycled Metal Market research report is an absolute overview of the market that takes into account various aspects of product definition, market segmentation based on various parameters, and the established merchant landscape. This industry report also offers businesses with the company profile, product specifications, production value, manufacturer’s contact information and market shares for company. Moreover, Recycled Metal Market business report blends together all-inclusive industry analysis with particular estimates and forecasts to provide complete research solutions with greatest clarity for strategic decision making.
The recycling of metals leads to energy saving when compared to mining for new materials which is the factor for the increasing demand for the recycled metal market. The growing awareness regarding the effective use of natural resources, rising urbanization and industrialization, conduction of awareness programs for sustainable waste management practices, rapidly rising construction industry and strict and supporting legislations for metal recycling are also anticipated to act as major growth drivers fueling the growth of the market over the forecast period of 2020 to 2027. In addition, the metal recovery from slag residue along with emerging economies and increasing consumption of steel in electronics, construction, automotive and consumer goods industries will flourish the growth of the recycled metal market in the above mentioned forecast period.
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The major players covered in the recycled metal market report are Sims Metal Management Limited, Steel Dynamics Inc., Triple M Metal LP., Armco Metal Holdings Inc., Asahi Group Holdings Ltd., Aurubis, Kuusakoski, Hensel Recycling Group, Befeso, Schnitzer Steel Industries Inc., Hawkeswood Metal recycling Ltd., Tata Steel, Sims Lifecycle Services Inc., BR Metals, ELG HanielGmbh, Novelis Inc., European Metal Recycling, Nucor Corporation, DOWA Holdings CO. LTD., and Commercial Metal Company among other domestic and global players.
Scope of the Recycled Metal Market Report:
The research examines the key players in the Global Recycled Metal Market in detail, focusing on their market share, gross margin, net profit, sales, product portfolio, new applications, recent developments, and other factors. It also sheds light on the vendor landscape, helping players to foresee future competitive movements in the global Recycled Metal business.
Recycled metal market is segmented on the basis of metal and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of metal, the recycled metal market is segmented into non-ferrous metals, ferrous metals and precious metals.
- Recycled metal market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for recycled metal market is segmented into building and construction, transport, industrial machinery, electrical and electronics, defense, packaging, consumer goods, nuclear, military, jewellery, coins and chemical.
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Regional Analysis of the Recycled Metal Market:
Recycled metal market is analyzed and market size, volume information is provided by country, metal and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the recycled metal market due to the presence of different recycling facilities and scrap dealers in the region, while Asia-Pacific region is expected to hold the largest growth rate in the forecast period of 2020 to 2027 due to increasing emphasis on environmental concerns and proper waste management in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The readers in the section will understand how the Recycled Metal Market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, and supply chain. The Market experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall market in the years to come.
What insights does the Recycled Metal Market report provide to the readers?
➜ Recycled Metal fragmentation on the basis of product type, end-use, and region
➜ Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape
➜ Collaborations, R&D projects, acquisitions, and product launches of each Recycled Metal player
➜ Various regulations imposed by the governments on the consumption of Recycled Metal in detail
➜ Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Recycled Metal Market.
There are 13 Sections to show the global Recycled Metal market:
Chapter 1: Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
Chapter 2: Market Competition by Manufacturers
Chapter 3: Production by Regions
Chapter 4: Consumption by Regions
Chapter 5: Production, By Types, Revenue, and Market share by Types
Chapter 6: Consumption, By Applications, Market share (%), and Growth Rate by Applications
Chapter 7: Complete profiling and analysis of Manufacturers
Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses
Chapter 9: Industrial Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Market Forecast
Chapter 13: Recycled Metal Market Research Findings and Conclusion, Appendix, methodology, and data source
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