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Global Metal Recycling Market Is Expected to Reach USD 59.5 billion by 2025 growing at a CAGR of 6.5% : Development Factors, Investment Analysis By Top Players ArcelorMittal, Nucor, CMC, Sims Metal Management Limited, Aurubis, European Metal Recycling.

04-22-2019 09:28 PM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Global Metal Recycling Market

Global Metal Recycling Market

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.

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.

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Major Market Competitors/Players:

The key players operating in the global metal recycling market are –
• ArcelorMittal
• Nucor
• CMC
• Sims Metal Management Limited
• Aurubis
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.

Competitive Landscape:

The global metal recycling market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of metal recycling market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

In March 2018, Nucor has announced that it is going to build a new rebar micro mill in Florida. The rebar mill will have an annual capacity of 350,000 tons and is expected to employ around 250 people. This plant will be using the scrap ferrous and non-ferrous metals for the production of rebar.

Market Drivers:

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

Market Restraint:

No proper organised sector for metal recycling.
Improper regulations for free and smooth scrap metals recycling trade.
Supply chain management issues

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

And More….Get Detailed TOC | At https://databridgemarketresearch.com/toc/?dbmr=global-metal-recycling-market

Key Insights in the report:

Historical and current market size and projection up to 2025
Market trends impacting the growth of the global metal recycling market
Analyze and forecast metal recycling market on the basis of type, scrap type, equipment and end-use sector
Trends of key regional and country-level markets for type, scrap type, equipment and end-use sector
Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

Market Segmentation:

By Type

• Ferrous metal
• Non-ferrous metal

By Scrap Type

• Old scrap
• New scrap

By equipment

• Shredders
• Shears
• Granulating machines
• Briquetting machines

By End use

• Building & construction
• Automotive
• Equipment manufacturing
• Shipbuilding
• Consumer appliances
• Packaging
• Others (Aerospace, furnishing, and residential & commercial utensils sectors)

By Geography

• North America

o U.S.
o Canada
o Mexico

• Europe

o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe

• Asia-Pacific

o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific

• South America

o Brazil
o Argentina
o Rest of South America

• Middle East & Africa

o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East and Africa

Inquiry Before Buying@ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-metal-recycling-market

About Us:

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com

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