Metal Recycling Market Revenue, Opportunity, Segment and Key Trends 2027
The major factor driving the growth of metal recycling market is attributed to increasing industrialization and urbanization, rising income, and spending capability of people in developing economies such as China, Brazil and India. In addition, rising demand for metal recycling in various end use industries primarily including electronic, building and construction, metal fabrication, automotive, medical and healthcare equipments and packaging among others is further driving the growth of global metal recycling market. Moreover, metal recycling market is expected to expand significantly during the forecast period attributed to increasing focus among private sector companies and public sectors bodies for offering environmental services, primarily aimed at efficient and sustainable utilization of natural resources.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5907
However, government restriction on free and fare trade of metal scrap is posing as a major restraint to the growth of the market. In addition, growth of metal recycling market is hampered due to unavailability of organized metal waste collection practice in various developing countries. Opportunities for key players in the metal recycling market lies in penetrating emerging market of Asia Pacific and Africa. In addition, rising demand for recovering metal from slag residue is further creating new opportunities for metal recycling market.
The market is segmented on the basis of type into: ferrous and non-ferrous. On the basis of scrap type, the market can be further segmented into old scrap and new scrap. In addition, based on type of equipments the global metal recycling market is segment into shredders, shears, briquetting machines and granulating machines.
On the basis of end use industries of metal recycling, the market can be categorized into automotive, building and construction, ship building, equipment manufacturing, packaging, consumer appliances and others. Building and construction segment is expected to see a robust growth owing to growth in infrastructure and construction activities in regions such as Asia, Africa and Latin America during the forecast period.
The market is segmented on the basis of geography into four regions: North America, Asia pacific, Europe and Rest of the world. During the forecast period, Asia Pacific region have the highest growth potential during owing to the increasing urbanization and rapid industrialization, which in turn is driving demand for metal recycling in end use industries in the region.
Request to View TOC @ https://www.futuremarketinsights.com/toc/rep-gb-5907
The key players in this market are: Nucor Corporation, Commercial Metals Company, Aurubis AG, Arcelormittal, SMIS Metal Management Limited, European Metal Recycling Limited, Tata Steel Limited, Baosteel Group Corporation, Remondis Se & Co. Kg and Dowa Holdings Co., Ltd. among others.
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Metal Recycling Market Revenue, Opportunity, Segment and Key Trends 2027 here
News-ID: 1178175 • Views: 196
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Metal
Nanoparticles – Metal & Metal Oxides Market Size, Share | Industry Report 2026
The global Nanoparticles – Metal & Metal Oxides Market was valued at $5.2billion in 2018 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $10.6billion. Nanoparticles – Metal & Metal Oxides have been widely studied for antimicrobial activities and it is known for their highly patent zinc oxide(ZnO), copper oxide (CuP), titanium oxide (TiO2), iron oxide (Fe3O4), include silver
Metal Foams Market
Metal Foams Market: Introduction Metal foams incorporates structured cellular material provided as cushion, insulation, vibration damping, or as a packaging application. These light weight cellular material, metal foams are popular in the market for its interesting combination of physical and chemical parameters that offers high stiffness, high compression strength and energy absorption. With the increasing industrial growth in every sector, including machineries, automotive, marine, military and others, the metal foams market is
Inorganic Metal Finishing Market
Global Inorganic Metal Finishing Market Insights, Forecast To 2025 report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. The report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Inorganic Metal Finishing market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions,
Global Metal Detectors Market
The Metal Detectors Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/13111 Metal Detectors Market : Drivers and Challenges The global metal detectors market is expected to be significantly driven by increasing government investments
Market Intelligence Report Metal and Metal Oxide Nanoparticles, 2015-2025
Metal and metal oxide nanoparticles, also indicated as nanocrystals or nanopowders play a vital role in many areas of physics, chemistry and material science. These are available in variable shapes, sizes as well as surface coatings. Metal oxide nanoparticles offer a variety of functionalities that remain desirable over a number of segments such as anti-corrosion, anti-bacterialism, thermal barrier, easy-clean, UV- absorbent & combinations thereof. Metal and metal oxide nanoparticles are
ultra high frequency metal tags on metal for system (gyrfidstore)
RFID Disc Tags are widely used for inventory tracking system or Automatic production systems. The RFID Disc Tag can also work on metal surface with anti-metal layer on it, also can be attached to goods surface by adhesive layer. There are abundant size options from 12mm to 50mm. GYRFID presents several types with different material and size to suitable customer’s application. DIP Series- PVC Disc Tag, PVC Laminated, thickness of 1.0-1.2mm DIT