Metal Recycling Market Growth Analysis | Increase in prices of raw materials to drive growth
Trends, Drivers and Vendor Forecasts for 2021-2025
Accelerating at a CAGR of 14%, the metal recycling market is expected to post an incremental growth of 282.25 mn MT over the next five years. AIM Recycle, Inc., Alter Trading Inc., ArcelorMittal SA, Aurubis AG, Commercial Metals Co., Gerdau SA, Nucor Corp., Schnitzer Steel Industries Inc., Sims Metal Management Ltd., and Tata Steel Ltd. are among the key market players. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, our report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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Metal Recycling Market: Market Segments and Key Trends
The Metal recycling market is segmented by Type (ferrous metals and non-ferrous metals) and Geography (APAC, Europe, North America, MEA, and South America). APAC led the market with 60% of the market growth set to originate from this region during the forecast period. Increase in tariffs for steel imports is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Metal Recycling Market: Top Drivers to Boost Demand
The Increase in prices of raw materials is one of the primary factors driving the growth of the metal recycling market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report.
Key Focus Areas in Our Reports:
- Market segments
- Comparison by Product
- Filleting and skinning equipment - Market size and forecast 2020-2025
- De-heading and gutting equipment - Market size and forecast 2020-2025
- Grading equipment - Market size and forecast 2020-2025
- Scaling equipment - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- AIM Recycle, Inc.
- Alter Trading Inc.
- ArcelorMittal SA
- Aurubis AG
- Commercial Metals Co.
- Gerdau SA
- Nucor Corp.
- Schnitzer Steel Industries Inc.
- Sims Metal Management Ltd.
- Tata Steel Ltd.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of almost 7.99%.
- What is the incremental growth of the market?
The market is expected to grow by 282.25 mn MT through 2021-2025.
- What is a key factor driving this market?
Increase in prices of raw materials will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
60% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are AIM Recycle, Inc., Alter Trading Inc., ArcelorMittal SA, Aurubis AG, Commercial Metals Co., Gerdau SA, Nucor Corp., Schnitzer Steel Industries Inc., Sims Metal Management Ltd., and Tata Steel Ltd.
- What are the market segments covered in this report?
The market is segmented by Type (ferrous metals and non-ferrous metals) and Geography (APAC, Europe, North America, MEA, and South America)
Metal Recycling Market | Leading Segments, Trends, Drivers and Challenges
Market Segments and Growth Analysis 2021-2025
The Global metal recycling market is expected to grow by 282.25 mn MT, accelerating at a CAGR of almost 7.99% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Metal Recycling Market: Leading Segments and Growth Analysis
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented Type (ferrous metals and non-ferrous metals) and Geography (APAC, Europe, North America, MEA, and South America).
- 60% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Metal Recycling Market size.
Metal Recycling Market: Trends, Drivers, Challenges to impact growth
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Increase in prices of raw materials will be a significant factor in driving the growth of the Metal Recycling Market.
- Rise in role of metal recycling in key industries will be instrumental in driving the market growth during the forecast period.
- Increase in tariffs for steel imports is a hurdle that needs to be crossed on the path to success.
Metal Recycling Market: Vendor Analysis
- The market is fragmented.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- AIM Recycle, Inc., Alter Trading Inc., ArcelorMittal SA, Aurubis AG, Commercial Metals Co., Gerdau SA, Nucor Corp., Schnitzer Steel Industries Inc., Sims Metal Management Ltd., and Tata Steel Ltd. are some of the major market participants.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of almost 7.99%.
- What is the incremental growth of the market?
The market is expected to grow by 282.25 mn MT through 2021-2025.
- What is a key factor driving this market?
Increase in prices of raw materials will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
60% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are AIM Recycle, Inc., Alter Trading Inc., ArcelorMittal SA, Aurubis AG, Commercial Metals Co., Gerdau SA, Nucor Corp., Schnitzer Steel Industries Inc., Sims Metal Management Ltd., and Tata Steel Ltd.
- What are the market segments covered in this report?
The market is segmented by Type (ferrous metals and non-ferrous metals) and Geography (APAC, Europe, North America, MEA, and South America)
