Metal Recycling Market 2020: Global Analysis of Key Manufacturers, Dynamics & Forecasts to 2025 | ArcelorMittal, Commercial Metals Company, Nucor Corporation, Aurubis AG, Tata Steel Limited, Sims Metal Management Limited, European Metal Recycling Limited,

The Global Metal Recycling Market size is projected to reach around USD 130 billion by 2025. Metal recycling is a metal recovering process to convert it into a reusable entity for several applications. The industry has witnessed considerable growth owing to growing multiple industries dependency on metal along with rising demand from the construction sector. The rising concern across the globe for the scarcity of metals coupled with environmental degradation from mining process is projected to escalate the metal recycling industry in the coming years.

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Rising awareness to reduce the carbon count, coupled with shifting focus toward sustainable consumption is expected to proliferate the industry size. Government across the developed along with developing countries have announced strict norms to recycle and reuse the used metal. Furthermore, increasing regulatory body focus toward attaining energy security with ongoing promotion of consuming recyclable materials and adopting waste management practices is stimulating industry landscape.

The report also throws light on various aspects of the global metal recycling industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the metal recycling industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.

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The metal recycling market holds a strong competition among the well-established and new emerging players. These market players target to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.

The metal recycling market is categorized into construction, automotive, consumer appliances, equipment manufacturing, shipbuilding, and others on the basis of application. The construction segment is expected to expand at a growth rate of around 6% over the forecast period on account of its rising infrastructure development across the emerging countries. The growing establishment of flat, apartments, and commercial complexes across developing countries, which in turn are expected to catapult the segment growth over the forecast timeframe.

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Europe is projected to gain considerable growth over the forecast timeline. The regulatory bodies across the countries in the region have announced stringent norms to recycle metals in order to balance the product demand. Furthermore, the steady growth across various industries such as automotive, energy, and consumer appliance is stimulating the industry landscape. Furthermore, positive government support to boost recycling activities associated with the metal utilization is poised to complement the business outlook in the coming years.

The major players operating across the global Metal Recycling market include ArcelorMittal, Commercial Metals Company, Nucor Corporation, Aurubis AG, Tata Steel Limited, Sims Metal Management Limited, European Metal Recycling Limited, Dowa Holdings, Baosteel Group Corporation, Novelis, Norton Aluminum, and Kuusakosi including others. The industry for metal recycling is integrated with the participation of established global players across the globe. In addition, these companies are focusing on expanding their footprint through implementation of inorganic as well as organic strategies which in turn is proliferating the business outlook.

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Segment overview of Metal Recycling market

Metal Overview, 2018-2025, (USD Million)
Ferrous
Non-Ferrous
Scrap Overview, 2018-2025, (USD Million)
New Scrap
Old Scrap
End - User Overview, 2018-2025, (USD Million)
Automotive
Construction
Consumer Appliances
Shipbuilding
Equipment Manufacturing
Others
Regional Overview, 2018-2025, (USD Million and kilotons)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
South Africa
Rest of Middle East & Africa
South America
Brazil
Argentina
Rest of South America

Reasons for the study

The purpose of the study is to give an exhaustive outlook of the global Metal recycling industry. Benchmark yourself against the rest of the market.
Be prepared for how investments across the industry will be impacted by socio-political and economic factors over the next few years
Ensure you remain competitive as new innovations by existing key players boost the market.

What does the report include?

The study on global Metal recycling includes qualitative factors such as drivers, restraints, and opportunities.
The study covers the competitive landscape of existing/prospective players in the industry and their strategic initiatives for the product development
The study covers a qualitative and quantitative analysis of the market segmented on the basis of metal, scrap and end-user. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments.

About US:
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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