|10-08-2018 04:10 PM CET - Advertising, Media Consulting, Marketing Research||
Metal Recycling Market 2018 Global Research & Top Manufacturers: Aurubis AG, CMC LTD, Nucor Corporation, ArcelorMittal, Tata Steel, Remondis International GmbH, Real Alloy, Kuusakoski Recycling, Norton Aluminium, Novelis, Baosteel Group Co.
Press release from: Data Bridge Market Research
Metal recycling market report is a comprehensive study on how the Chemical and Materials industry is changing because of metal recycling market. There are several systematic information in the report, like what the CAGR values are going to be in the forecast years of 2018-2025, and what the market definition, classifications, applications and market trends mean and how to use them to achieve a greater edge on the key players and brands whose company profiles are included in the report.
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In 2018, Sims Metal Management Limited has acquired Morley Waste Traders and Lord and Midgley. After this acquisition, Sims Metal Management Limited will have around 50 recycling facilities in the region. This acquisition will help the company to expand its presence in the United Kingdom and also help the local customers for recycling the products in a cost effective way.
According to ISRI, it has been seen that in 2015, U.S. has recycled around 67 million metric tonnes of ferrous metals which are then reused for the different products. This shows that the market for recycled materials is very significant and is having a good growth.
The Global Metal Recycling Market is expected to reach USD 59.5 billion by 2025, from USD 36.0 billion in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Key Market Competitors:
• Sims Metal Management Limited
The other players in the market are European Metal Recycling, DOWA HOLDINGS Co., Ltd, Tata Steel, Baosteel Co.,Ltd., REMONDIS SE & Co. KG, Novelis Aluminum, Norton Aluminium Ltd, Kuusakoski, REAL ALLOY, Tom Martin & Co Ltd., TMS International, Ferrous Processing & Trading., PSC Metals, AMG Resources Corporation, Alter Trading Inc, Mervis Industries, OmniSource Corporation, Schnitzer Steel Industries, Inc, AMERICAN IRON & METAL, SUNRISE METAL RECYCLING LTD., Upstate Metal Recycling, Inc., WM. MILLER SCRAP IRON & METAL CO., GFG Alliance, BL Duke, Cozzi Recycling.
• Rising demand from the aluminium industry
• Rapid industrialization in the developing economies leading to increased demand for metal products
• Rising awareness for sustainable management practices leading to the increased use of recycled metals
• Awareness for the effective and proper use of natural resources
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• No proper organized sector for metal recycling.
• Improper regulations for free and smooth scrap metals recycling trade.
• Supply chain management issues
• Ferrous metal
• Non-ferrous metal
By Scrap Type
• Old scrap
• New scrap
• Granulating machines
• Briquetting machines
By End user
• Building & construction
• Equipment manufacturing
• Consumer appliances
• Others (Aerospace, furnishing, and residential & commercial utensils sectors)
• North America
• South America
• Middle East & Africa
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