Metal Recycling Market Size Worth USD 88.3 billion by 2026
Metal Recycling Market Worth USD
88.3 billion by 2026
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Metal Recycling
Market Overview
The Metal Recycling market also referred to as
the Recycled Metals Market is projected to grow at
a CAGR of 7.0% to reach USD 88.3 billion by 2026 from
55 billion in 2019. The recycling of metal involves various
stages such as shredding, Shearing, Baling, identification,
and classification of waste, and further processing.
The market is growing due to an increasing preference for
Metal Recycling over on account of environmental concerns,
depleting natural reserves and increasing prices of raw metal
ores, and the emergence of new technologies. Other factors
favoring the growth of this market include increasing
urbanization and increasing the rate of industrialization in
developing countries. The government support favoring the
usage of Metal Recycling worldwide has also helped to
propel the growth of the Metal Recycling market. The
increasingly improving quality of Recycled Metal products
has also favored the growth of the Metal Recycling market
also referred to as the Recycled Metals Market.
Segmentation of the Report
Market Size by Scrap Type
• Internal Scrap
• Prompt Scrap
• Obsolete Scrap
Market Size by Mode of Recycling
• Shredder
• Shearing
• Baling
• Others
Market Size by End-User
• Building & Construction
• Automotive
• Mode of Recycling Manufacturing
• Shipbuilding
• Packaging
• Consumer Appliances
• Others
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A new study on the global Metal Recycling market has been
published by Research CMFE. It offers detailed information
on key market dynamics, including drivers, trends, and
Metal challenges for the global Metal Recycling market as well as its structure. The study offers valuable information on the
Recycling global Metal Recycling market to illustrate how the market is expected to expand during the forecast period i.e. 2020–2026.
Market Key indicators of market growth, which include value chain
Summery analysis and Compound Annual Growth Rate (CAGR) have
been elucidated in the Metal Recycling market report in a
comprehensive manner. This data can help readers interpret
the quantitative growth aspects of the global Metal Recycling
Market.
Metal Recycling Market: Key Vendors
Major Players in Metal Recycling Market are:
1.Arcelormittal
2.Nucor Corporation
3.Commercial Metals Company
4.Sims Metal Management Limited
5.Aurubis Ag
6.Dowa Holdings Co.,Ltd.
7.Tata Steel Limited
8.European Metal Recycling Limited
9.Totall Metal Recycling,inc.
10.American Iron & Metal (Aim)
11.Tom Martin & Company Ltd
12.Kuusakoski Recycling
13.Norton Aluminium
14.Remondis Se & Co. Kg
15.Other Notable Players
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Major Regions Covered in Report
Regional Overview & Analysis of Metal Recycling Market:
North America (US and Canada)
Europe (UK, Germany, France and Rest of Europe)
Asia Pacific (China, Japan, India and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (GCC and Rest of Middle East & Africa)
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Highlights of Metal Recycling Market Report
Overview of key market forces boosting and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition to offer you a competitive edge
Major competitors strategies analysis
SWOT analysis of major industry segments
Detailed analyses of Metal Recycling market trends
An appropriately defined technological growth map with Covid19 impact analysis
A clear understanding of the competitive landscape and key product segments
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