1. What is the projected Compound Annual Growth Rate (CAGR) of the Scrap Metal Recycling Market?
The projected CAGR is approximately 12.8%.
Scrap Metal Recycling MarketScrap Metal Recycling Market 2025 Trends and Forecasts 2033: Analyzing Growth Opportunities
Scrap Metal Recycling Market by Type (Ferrous, Non-Ferrous (Aluminum, Copper, Others), by Application (Building & Construction, Automotive, Equipment Manufacturing, Packaging, Consumer Appliances, Others), by North America (U.S., Canada), by Europe (Germany, Italy, France, U.K., Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East & Africa (GCC, South Africa) Forecast 2025-2033
Base Year: 2024
118 Pages
Scrap Metal Recycling Market 2025 Trends and Forecasts 2033: Analyzing Growth Opportunities
Scrap Metal Recycling Market 2025 Trends and Forecasts 2033: Analyzing Growth Opportunities
Key Insights
The Scrap Metal Recycling Market size was valued at USD 256.3 billion in 2023 and is projected to reach USD 459.7 billion by 2032, exhibiting a CAGR of 12.8 % during the forecast period. Scrap metal recycling is the process of collecting and rejuvenating old metal products for use in manufacturing or other functions. It includes all categories of metals such as ferrous and non-ferrous metals, ferrous metals are mainly metals that contain iron while non-ferrous metals are aluminium, copper and brass among others. This usually entails the collection of scrap metal, sorting, shredding, melting and purification to obtain the end product. It is versatile when used across sectors such as construction, automobile, electronics, and production among others. Scrap metal is used in the manufacturing of products with minimal use of virgin materials hence a smaller negative impact on the environment. Advantages are utilization of raw materials, energy efficiency and decreased emission of greenhouse gases when compared to actual metal production.
Scrap Metal Recycling Trends
- Increasing Environmental Awareness: Growing environmental concerns are driving the demand for scrap metal recycling as a sustainable waste management solution.
- Technological Advancements: Innovations in scrap processing techniques, such as automated sorting and shredding, are improving efficiency and reducing costs.
- Fluctuating Commodity Prices: Market volatility in metal prices influences the scrap metal recycling industry, affecting profitability and supply chain dynamics.
Driving Forces: What's Propelling the Scrap Metal Recycling Market
- Booming Construction and Automotive Sectors: A relentless surge in infrastructure projects, rapid urbanization worldwide, and escalating vehicle production are generating unprecedented volumes of metal waste. This abundance directly fuels the demand for efficient and responsible scrap metal recycling solutions.
- Robust Government Regulations and Encouraging Incentives: Increasingly stringent environmental policies, coupled with attractive financial incentives and mandates for sustainable waste management, are powerfully steering industries towards adopting circular economy principles, with scrap metal recycling at its core.
- The Ascendance of Circular Economy Principles: A heightened global consciousness regarding environmental stewardship and the finite nature of virgin resources is accelerating the shift towards closed-loop systems. In these models, recycled scrap metal is no longer waste but a vital and cost-effective feedstock for new production.
Challenges and Restraints in Scrap Metal Recycling Market
- Impurities and Contamination: Managing impurities and ensuring the quality of recycled materials can be challenging, affecting market value.
- Transportation Costs: The transportation of bulky metal scrap over long distances can impact profitability.
- Illegal Dumping and Theft: Illegal dumping of scrap metal and theft of recyclable materials present obstacles to the industry.
Emerging Trends in Scrap Metal Recycling
- Digitalization: Advanced technologies such as IoT and AI are being adopted to optimize scrap metal collection, processing, and tracking.
- Increased Use of Recycled Materials: Growing awareness of the benefits of recycled metals is boosting demand from industries like construction and automotive.
- Circular Economy Initiatives: The concept of a circular economy promotes the reuse and recycling of materials, potentially driving market growth.
Growth Catalysts in Scrap Metal Recycling Industry
- Pioneering Technological Advancements: The continuous evolution and implementation of cutting-edge technologies are revolutionizing the scrap metal recycling landscape. These innovations are significantly boosting processing efficiency, minimizing residual waste, and ultimately enhancing the profitability and sustainability of recycling operations.
- Unwavering Government Support and Facilitation: Proactive government programs, subsidies, and policy frameworks are instrumental in fostering an environment where businesses are actively encouraged and financially supported to integrate sustainable scrap metal recycling practices into their operations.
- Explosive Demand from Dynamic Emerging Markets: The unparalleled pace of urbanization and industrial expansion in developing economies presents immense and untapped opportunities. These burgeoning markets are creating a substantial and growing demand for recycled metals, positioning them as key growth engines for the global scrap metal recycling industry.
Market Segmentation: Scrap Metal Recycling Analysis
Type:
- Ferrous
- Non-Ferrous
End-Use Industry:
- Building & Construction
- Automotive
- Equipment Manufacturing
- Packaging
- Consumer Appliances
- Others
Leading Players in the Scrap Metal Recycling Market
- ArcelorMittal
- Aurubis AG
- Kuusakoski Oy
- Nucor Corporation
- AIM Recyclage, Inc.
- Sims Limited
- Omnisource Corporation
- Metallon Recycling Pte Ltd
- DBW Metals Recycling
- TKC Metal Recycling Inc.
- Others
Significant Developments in Scrap Metal Recycling Sector
- In 2023, the International Resource Panel published a report emphasizing the importance of scrap metal recycling for transitioning to a circular economy.
- Schnitzer Steel launched its "Zero Waste to Landfill" program, aiming to eliminate landfill disposal of materials throughout its operations.
- The establishment of the Institute of Scrap Recycling Industries (ISRI) Circular Economy Committee fosters collaboration and innovation in the sector.
Comprehensive Coverage Scrap Metal Recycling Market Report
- In-depth Analysis of Key Market Drivers and Persistent Challenges
- Detailed Market Segmentation Breakdown and Analysis
- Exploration of Diverse Regional Market Dynamics and Trends
- Profiles and Strategic Insights of Leading Industry Players
- Rigorous Porter's Five Forces Analysis for Competitive Landscape
- Comprehensive SWOT Analysis for Strategic Planning
- Forward-Looking Market Forecasts and Projections
Regional Insight
- North America: Innovations and Regulatory Frameworks
- Europe: Sustainability Initiatives and Circular Economy Adoption
- Asia Pacific: Rapid Industrialization and Growing Demand
- Middle East and Africa: Emerging Opportunities and Infrastructure Growth
- Latin America: Resource Management and Market Expansion
Consumer Side Analysis
- Consumer Trends and Preferences
- Consumer Behavior Analysis
- Consumer Segmentation
Demand Side Analysis
- Demand Drivers and Inhibitors
- Demand Forecasting Analysis
- Supply Chain Management
Import And Export Analysis
- Major Import and Export Markets
- Trade Regulations and Tariffs
- Import and Export Data Analysis
Pricing Strategies
- Pricing Models Analysis
- Market Competition Analysis
- Pricing Strategies of Key Players
Segmentation
- Market Segmentation by Type (Ferrous), (Non-ferrous)
- Market Segmentation by End-Use Industry (Building & Construction), (Consumer Appliances), (Packaging)
- Market Segmentation by Geography
Scrap Metal Recycling Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 12.8% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growth in the Global Construction Industry to Offer Opportunities to the Self-Healing Materials Market
- 3.3. Market Restrains
- 3.3.1. Higher Cost of Bioplastics as Compared to Traditional Plastics to Hinder Market Growth
- 3.4. Market Trends
- 3.4.1. Growing environmental concerns are driving the demand for scrap metal recycling as a sustainable waste management solution.
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Ferrous
- 5.1.2. Non-Ferrous (Aluminum
- 5.1.3. Copper
- 5.1.4. Others
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Building & Construction
- 5.2.2. Automotive
- 5.2.3. Equipment Manufacturing
- 5.2.4. Packaging
- 5.2.5. Consumer Appliances
- 5.2.6. Others
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Latin America
- 5.3.5. Middle East & Africa
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North America Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Ferrous
- 6.1.2. Non-Ferrous (Aluminum
- 6.1.3. Copper
- 6.1.4. Others
- 6.2. Market Analysis, Insights and Forecast - by Application
- 6.2.1. Building & Construction
- 6.2.2. Automotive
- 6.2.3. Equipment Manufacturing
- 6.2.4. Packaging
- 6.2.5. Consumer Appliances
- 6.2.6. Others
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. Europe Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Ferrous
- 7.1.2. Non-Ferrous (Aluminum
- 7.1.3. Copper
- 7.1.4. Others
- 7.2. Market Analysis, Insights and Forecast - by Application
- 7.2.1. Building & Construction
- 7.2.2. Automotive
- 7.2.3. Equipment Manufacturing
- 7.2.4. Packaging
- 7.2.5. Consumer Appliances
- 7.2.6. Others
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Asia Pacific Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Ferrous
- 8.1.2. Non-Ferrous (Aluminum
- 8.1.3. Copper
- 8.1.4. Others
- 8.2. Market Analysis, Insights and Forecast - by Application
- 8.2.1. Building & Construction
- 8.2.2. Automotive
- 8.2.3. Equipment Manufacturing
- 8.2.4. Packaging
- 8.2.5. Consumer Appliances
- 8.2.6. Others
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. Latin America Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Ferrous
- 9.1.2. Non-Ferrous (Aluminum
- 9.1.3. Copper
- 9.1.4. Others
- 9.2. Market Analysis, Insights and Forecast - by Application
- 9.2.1. Building & Construction
- 9.2.2. Automotive
- 9.2.3. Equipment Manufacturing
- 9.2.4. Packaging
- 9.2.5. Consumer Appliances
- 9.2.6. Others
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Middle East & Africa Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Type
- 10.1.1. Ferrous
- 10.1.2. Non-Ferrous (Aluminum
- 10.1.3. Copper
- 10.1.4. Others
- 10.2. Market Analysis, Insights and Forecast - by Application
- 10.2.1. Building & Construction
- 10.2.2. Automotive
- 10.2.3. Equipment Manufacturing
- 10.2.4. Packaging
- 10.2.5. Consumer Appliances
- 10.2.6. Others
- 10.1. Market Analysis, Insights and Forecast - by Type
- 11. North America Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1 United States
- 11.1.2 Canada
- 11.1.3 Mexico
- 12. South America Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1 Brazil
- 12.1.2 Argentina
- 12.1.3 Rest of South America
- 13. Europe Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1 Germany
- 13.1.2 France
- 13.1.3 Italy
- 13.1.4 United Kingdom
- 13.1.5 Netherlands
- 13.1.6 Rest of Europe
- 14. Asia Pacific Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 14.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 India
- 14.1.4 South Korea
- 14.1.5 Taiwan
- 14.1.6 Australia
- 14.1.7 Rest of Asia-Pacific
- 15. MEA Scrap Metal Recycling Market Analysis, Insights and Forecast, 2019-2031
- 15.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 15.1.1 Middle East
- 15.1.2 Africa
- 16. Competitive Analysis
- 16.1. Global Market Share Analysis 2024
- 16.2. Company Profiles
- 16.2.1 The global & regional players operating in scrap metal recycling market includes ArcelorMittal
- 16.2.1.1. Overview
- 16.2.1.2. Products
- 16.2.1.3. SWOT Analysis
- 16.2.1.4. Recent Developments
- 16.2.1.5. Financials (Based on Availability)
- 16.2.2 Aurubis AG
- 16.2.2.1. Overview
- 16.2.2.2. Products
- 16.2.2.3. SWOT Analysis
- 16.2.2.4. Recent Developments
- 16.2.2.5. Financials (Based on Availability)
- 16.2.3 Kuusakoski Oy
- 16.2.3.1. Overview
- 16.2.3.2. Products
- 16.2.3.3. SWOT Analysis
- 16.2.3.4. Recent Developments
- 16.2.3.5. Financials (Based on Availability)
- 16.2.4 Nucor Corporation
- 16.2.4.1. Overview
- 16.2.4.2. Products
- 16.2.4.3. SWOT Analysis
- 16.2.4.4. Recent Developments
- 16.2.4.5. Financials (Based on Availability)
- 16.2.5 AIM Recyclage
- 16.2.5.1. Overview
- 16.2.5.2. Products
- 16.2.5.3. SWOT Analysis
- 16.2.5.4. Recent Developments
- 16.2.5.5. Financials (Based on Availability)
- 16.2.6 Sims Limited
- 16.2.6.1. Overview
- 16.2.6.2. Products
- 16.2.6.3. SWOT Analysis
- 16.2.6.4. Recent Developments
- 16.2.6.5. Financials (Based on Availability)
- 16.2.7 Omnisource Corporation
- 16.2.7.1. Overview
- 16.2.7.2. Products
- 16.2.7.3. SWOT Analysis
- 16.2.7.4. Recent Developments
- 16.2.7.5. Financials (Based on Availability)
- 16.2.8 Metallon Recycling Pte Ltd
- 16.2.8.1. Overview
- 16.2.8.2. Products
- 16.2.8.3. SWOT Analysis
- 16.2.8.4. Recent Developments
- 16.2.8.5. Financials (Based on Availability)
- 16.2.9 DBW Metals Recycling
- 16.2.9.1. Overview
- 16.2.9.2. Products
- 16.2.9.3. SWOT Analysis
- 16.2.9.4. Recent Developments
- 16.2.9.5. Financials (Based on Availability)
- 16.2.10 TKC Metal Recycling Inc. and others.
- 16.2.10.1. Overview
- 16.2.10.2. Products
- 16.2.10.3. SWOT Analysis
- 16.2.10.4. Recent Developments
- 16.2.10.5. Financials (Based on Availability)
- 16.2.1 The global & regional players operating in scrap metal recycling market includes ArcelorMittal
List of Figures
- Figure 1: Global Scrap Metal Recycling Market Revenue Breakdown (USD Billion, %) by Region 2024 & 2032
- Figure 2: Global Scrap Metal Recycling Market Volume Breakdown (Kiloton, %) by Region 2024 & 2032
- Figure 3: North America Scrap Metal Recycling Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 4: North America Scrap Metal Recycling Market Volume (Kiloton), by Country 2024 & 2032
- Figure 5: North America Scrap Metal Recycling Market Revenue Share (%), by Country 2024 & 2032
- Figure 6: North America Scrap Metal Recycling Market Volume Share (%), by Country 2024 & 2032
- Figure 7: South America Scrap Metal Recycling Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 8: South America Scrap Metal Recycling Market Volume (Kiloton), by Country 2024 & 2032
- Figure 9: South America Scrap Metal Recycling Market Revenue Share (%), by Country 2024 & 2032
- Figure 10: South America Scrap Metal Recycling Market Volume Share (%), by Country 2024 & 2032
- Figure 11: Europe Scrap Metal Recycling Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 12: Europe Scrap Metal Recycling Market Volume (Kiloton), by Country 2024 & 2032
- Figure 13: Europe Scrap Metal Recycling Market Revenue Share (%), by Country 2024 & 2032
- Figure 14: Europe Scrap Metal Recycling Market Volume Share (%), by Country 2024 & 2032
- Figure 15: Asia Pacific Scrap Metal Recycling Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 16: Asia Pacific Scrap Metal Recycling Market Volume (Kiloton), by Country 2024 & 2032
- Figure 17: Asia Pacific Scrap Metal Recycling Market Revenue Share (%), by Country 2024 & 2032
- Figure 18: Asia Pacific Scrap Metal Recycling Market Volume Share (%), by Country 2024 & 2032
- Figure 19: MEA Scrap Metal Recycling Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 20: MEA Scrap Metal Recycling Market Volume (Kiloton), by Country 2024 & 2032
- Figure 21: MEA Scrap Metal Recycling Market Revenue Share (%), by Country 2024 & 2032
- Figure 22: MEA Scrap Metal Recycling Market Volume Share (%), by Country 2024 & 2032
- Figure 23: North America Scrap Metal Recycling Market Revenue (USD Billion), by Type 2024 & 2032
- Figure 24: North America Scrap Metal Recycling Market Volume (Kiloton), by Type 2024 & 2032
- Figure 25: North America Scrap Metal Recycling Market Revenue Share (%), by Type 2024 & 2032
- Figure 26: North America Scrap Metal Recycling Market Volume Share (%), by Type 2024 & 2032
- Figure 27: North America Scrap Metal Recycling Market Revenue (USD Billion), by Application 2024 & 2032
- Figure 28: North America Scrap Metal Recycling Market Volume (Kiloton), by Application 2024 & 2032
- Figure 29: North America Scrap Metal Recycling Market Revenue Share (%), by Application 2024 & 2032
- Figure 30: North America Scrap Metal Recycling Market Volume Share (%), by Application 2024 & 2032
- Figure 31: North America Scrap Metal Recycling Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 32: North America Scrap Metal Recycling Market Volume (Kiloton), by Country 2024 & 2032
- Figure 33: North America Scrap Metal Recycling Market Revenue Share (%), by Country 2024 & 2032
- Figure 34: North America Scrap Metal Recycling Market Volume Share (%), by Country 2024 & 2032
- Figure 35: Europe Scrap Metal Recycling Market Revenue (USD Billion), by Type 2024 & 2032
- Figure 36: Europe Scrap Metal Recycling Market Volume (Kiloton), by Type 2024 & 2032
- Figure 37: Europe Scrap Metal Recycling Market Revenue Share (%), by Type 2024 & 2032
- Figure 38: Europe Scrap Metal Recycling Market Volume Share (%), by Type 2024 & 2032
- Figure 39: Europe Scrap Metal Recycling Market Revenue (USD Billion), by Application 2024 & 2032
- Figure 40: Europe Scrap Metal Recycling Market Volume (Kiloton), by Application 2024 & 2032
- Figure 41: Europe Scrap Metal Recycling Market Revenue Share (%), by Application 2024 & 2032
- Figure 42: Europe Scrap Metal Recycling Market Volume Share (%), by Application 2024 & 2032
- Figure 43: Europe Scrap Metal Recycling Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 44: Europe Scrap Metal Recycling Market Volume (Kiloton), by Country 2024 & 2032
- Figure 45: Europe Scrap Metal Recycling Market Revenue Share (%), by Country 2024 & 2032
- Figure 46: Europe Scrap Metal Recycling Market Volume Share (%), by Country 2024 & 2032
- Figure 47: Asia Pacific Scrap Metal Recycling Market Revenue (USD Billion), by Type 2024 & 2032
- Figure 48: Asia Pacific Scrap Metal Recycling Market Volume (Kiloton), by Type 2024 & 2032
- Figure 49: Asia Pacific Scrap Metal Recycling Market Revenue Share (%), by Type 2024 & 2032
- Figure 50: Asia Pacific Scrap Metal Recycling Market Volume Share (%), by Type 2024 & 2032
- Figure 51: Asia Pacific Scrap Metal Recycling Market Revenue (USD Billion), by Application 2024 & 2032
- Figure 52: Asia Pacific Scrap Metal Recycling Market Volume (Kiloton), by Application 2024 & 2032
- Figure 53: Asia Pacific Scrap Metal Recycling Market Revenue Share (%), by Application 2024 & 2032
- Figure 54: Asia Pacific Scrap Metal Recycling Market Volume Share (%), by Application 2024 & 2032
- Figure 55: Asia Pacific Scrap Metal Recycling Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 56: Asia Pacific Scrap Metal Recycling Market Volume (Kiloton), by Country 2024 & 2032
- Figure 57: Asia Pacific Scrap Metal Recycling Market Revenue Share (%), by Country 2024 & 2032
- Figure 58: Asia Pacific Scrap Metal Recycling Market Volume Share (%), by Country 2024 & 2032
- Figure 59: Latin America Scrap Metal Recycling Market Revenue (USD Billion), by Type 2024 & 2032
- Figure 60: Latin America Scrap Metal Recycling Market Volume (Kiloton), by Type 2024 & 2032
- Figure 61: Latin America Scrap Metal Recycling Market Revenue Share (%), by Type 2024 & 2032
- Figure 62: Latin America Scrap Metal Recycling Market Volume Share (%), by Type 2024 & 2032
- Figure 63: Latin America Scrap Metal Recycling Market Revenue (USD Billion), by Application 2024 & 2032
- Figure 64: Latin America Scrap Metal Recycling Market Volume (Kiloton), by Application 2024 & 2032
- Figure 65: Latin America Scrap Metal Recycling Market Revenue Share (%), by Application 2024 & 2032
- Figure 66: Latin America Scrap Metal Recycling Market Volume Share (%), by Application 2024 & 2032
- Figure 67: Latin America Scrap Metal Recycling Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 68: Latin America Scrap Metal Recycling Market Volume (Kiloton), by Country 2024 & 2032
- Figure 69: Latin America Scrap Metal Recycling Market Revenue Share (%), by Country 2024 & 2032
- Figure 70: Latin America Scrap Metal Recycling Market Volume Share (%), by Country 2024 & 2032
- Figure 71: Middle East & Africa Scrap Metal Recycling Market Revenue (USD Billion), by Type 2024 & 2032
- Figure 72: Middle East & Africa Scrap Metal Recycling Market Volume (Kiloton), by Type 2024 & 2032
- Figure 73: Middle East & Africa Scrap Metal Recycling Market Revenue Share (%), by Type 2024 & 2032
- Figure 74: Middle East & Africa Scrap Metal Recycling Market Volume Share (%), by Type 2024 & 2032
- Figure 75: Middle East & Africa Scrap Metal Recycling Market Revenue (USD Billion), by Application 2024 & 2032
- Figure 76: Middle East & Africa Scrap Metal Recycling Market Volume (Kiloton), by Application 2024 & 2032
- Figure 77: Middle East & Africa Scrap Metal Recycling Market Revenue Share (%), by Application 2024 & 2032
- Figure 78: Middle East & Africa Scrap Metal Recycling Market Volume Share (%), by Application 2024 & 2032
- Figure 79: Middle East & Africa Scrap Metal Recycling Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 80: Middle East & Africa Scrap Metal Recycling Market Volume (Kiloton), by Country 2024 & 2032
- Figure 81: Middle East & Africa Scrap Metal Recycling Market Revenue Share (%), by Country 2024 & 2032
- Figure 82: Middle East & Africa Scrap Metal Recycling Market Volume Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 2: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Region 2019 & 2032
- Table 3: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Type 2019 & 2032
- Table 4: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Type 2019 & 2032
- Table 5: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 6: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Application 2019 & 2032
- Table 7: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 8: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Region 2019 & 2032
- Table 9: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 10: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Country 2019 & 2032
- Table 11: United States Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 12: United States Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 13: Canada Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 14: Canada Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 15: Mexico Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 16: Mexico Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 17: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 18: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Country 2019 & 2032
- Table 19: Brazil Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 20: Brazil Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 21: Argentina Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 22: Argentina Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 23: Rest of South America Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 24: Rest of South America Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 25: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 26: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Country 2019 & 2032
- Table 27: Germany Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 28: Germany Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 29: France Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 30: France Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 31: Italy Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 32: Italy Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 33: United Kingdom Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 34: United Kingdom Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 35: Netherlands Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 36: Netherlands Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 37: Rest of Europe Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 38: Rest of Europe Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 39: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 40: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Country 2019 & 2032
- Table 41: China Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 42: China Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 43: Japan Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 44: Japan Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 45: India Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
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- Table 47: South Korea Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 48: South Korea Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 49: Taiwan Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 50: Taiwan Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 51: Australia Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 52: Australia Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 53: Rest of Asia-Pacific Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 54: Rest of Asia-Pacific Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 55: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 56: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Country 2019 & 2032
- Table 57: Middle East Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 58: Middle East Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 59: Africa Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 60: Africa Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
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- Table 62: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Type 2019 & 2032
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- Table 67: U.S. Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 68: U.S. Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 69: Canada Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
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- Table 77: Germany Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 78: Germany Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 79: Italy Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 80: Italy Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 81: France Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
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- Table 83: U.K. Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
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- Table 85: Rest of Europe Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 86: Rest of Europe Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
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- Table 88: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Type 2019 & 2032
- Table 89: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 90: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Application 2019 & 2032
- Table 91: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 92: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Country 2019 & 2032
- Table 93: China Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 94: China Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 95: Japan Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
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- Table 97: India Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 98: India Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 99: South Korea Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 100: South Korea Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 101: Rest of Asia Pacific Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 102: Rest of Asia Pacific Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 103: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Type 2019 & 2032
- Table 104: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Type 2019 & 2032
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- Table 107: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 108: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Country 2019 & 2032
- Table 109: Brazil Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 110: Brazil Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 111: Mexico Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 112: Mexico Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 113: Rest of Latin America Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 114: Rest of Latin America Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
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- Table 116: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Type 2019 & 2032
- Table 117: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 118: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Application 2019 & 2032
- Table 119: Global Scrap Metal Recycling Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 120: Global Scrap Metal Recycling Market Volume Kiloton Forecast, by Country 2019 & 2032
- Table 121: GCC Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 122: GCC Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
- Table 123: South Africa Scrap Metal Recycling Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 124: South Africa Scrap Metal Recycling Market Volume (Kiloton) Forecast, by Application 2019 & 2032
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.
Frequently Asked Questions
2. Which companies are prominent players in the Scrap Metal Recycling Market?
Key companies in the market include The global & regional players operating in scrap metal recycling market includes ArcelorMittal, Aurubis AG, Kuusakoski Oy, Nucor Corporation, AIM Recyclage, Sims Limited, Omnisource Corporation, Metallon Recycling Pte Ltd, DBW Metals Recycling, TKC Metal Recycling Inc. and others..
3. What are the main segments of the Scrap Metal Recycling Market?
The market segments include Type, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD 256.3 USD Billion as of 2022.
5. What are some drivers contributing to market growth?
Growth in the Global Construction Industry to Offer Opportunities to the Self-Healing Materials Market.
6. What are the notable trends driving market growth?
Growing environmental concerns are driving the demand for scrap metal recycling as a sustainable waste management solution..
7. Are there any restraints impacting market growth?
Higher Cost of Bioplastics as Compared to Traditional Plastics to Hinder Market Growth.
8. Can you provide examples of recent developments in the market?
In 2022, Aurubis announced the acquisition of Proteus Industries, a leading metal recycler in North America, expanding its global reach. Sims Limited launched its "Closed Loop" initiative to promote end-to-end recycling solutions for the electronic waste industry. The World Steel Association has established a global platform to promote circular economy practices in the steel industry, encouraging scrap metal recycling.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in USD Billion and volume, measured in Kiloton.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Scrap Metal Recycling Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Scrap Metal Recycling Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Scrap Metal Recycling Market?
To stay informed about further developments, trends, and reports in the Scrap Metal Recycling Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.