openPR Logo
Press release

Recycled Metal Global Market Report 2024 - By Report, Size, Share, Industry Scope, Forecast To 2033

06-14-2024 08:50 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Recycled Metal Market

Recycled Metal Market

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Recycled Metal Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $92.18 billion In 2028 At A CAGR Of 6.0% :
The recycled metal market size has grown strongly in recent years. It will grow from $69.28 billion in 2023 to $73 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to material specifications, evolving consumer preferences, market acceptance, infrastructure development, scrap* availability, demand from end-use industries.

The recycled metal market size is expected to see strong growth in the next few years. It will grow to $92.18 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to green manufacturing practices, supply chain transparency, investments in waste management, resource scarcity concerns, corporate sustainability commitments. Major trends in the forecast period include circular economy promotion, government regulations, resource scarcity concerns, green building practices, economic viability.

Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8502&type=smp

Recycled Metal Market Major Segments
The recycled metal market covered in this report is segmented -
1) By Product: Steel, Aluminum, Copper, Other Products
2) By Metal: Ferrous, Non-Ferrous, Precious Metals
3) By End-User: Construction, Transport And Automotive, Industrial Machinery, Electronics, Defense, Packaging, Military, Consumer Goods, Other End-Users

Key Driver - Building A Sustainable Future Growing Demand In Construction Sector Drives The Recycled Metal Marke
The growing demand in the construction sector is expected to propel the recycled metal market. The construction sector comprises manufacturing and commerce concerned with creating, maintaining, and fixing structures and drilling and mineral exploration. Construction activities have been on the rise due to rapid industrialization and urbanization. These construction activities create a huge demand for recycled metals, as they are economical and sustainable. For instance, in 2022, according to the U.S. Construction Cost Trends report, there is an increase in residential construction in the country, which will continue to increase demand for labor and materials, intensifying competitiveness and cost pressures. Since the pandemic's start, building spending nationwide has climbed by 16% in the U.S. Moreover, according to a report released in June 2021 by Canada's national statistical agency, investments in building development climbed to $19.3 billion in 2020. Therefore, the increase in construction activities will drive the recycled metal market.

Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=8502&type=smp

Prominent Trend - Forging Sustainable Alliances Novelis Inc. Partners With Sortera Alloys And Daimler India Collaborates With Cero - Mahindra Mstc Recycling In The Recycled Metals Market
Strategic partnerships and collaborations are shaping the recycled metals market. Major companies operating in recycled metals are entering into a partnership to leverage each other's resources and expand into a new market. For instance, in July 2022, Novelis Inc., a US-based recycling company partnered with Sortera Alloys Inc. Through this partnership, Novelis aimed to keep raising the percentage of recycled material in its automotive alloys, thereby lowering the carbon footprint. Sortera Alloys Inc. is a US-based company that recycles industrial scrap* metal. In addition, in February 2022, Daimler India Commercial Vehicles Pvt. Ltd., an India-based company that manufactures and sells commercial vehicles partnered with an India-based Cero - Mahindra MSTC Recycling Pvt. Ltd. (MMRPL). This partnership helped customers to replace their outdated fleet with brand-new, domestically produced BSVI BharatBenz vehicles that include cutting-edge technology and high standards of safety, quality, comfort, and manufacturing. Cero - Mahindra MSTC Recycling Pvt. Ltd. (MMRPL) is an India-based automotive and steel recycling facility.

Recycled Metal Market Players
Major companies operating in the recycled metal market report are ArcelorMittal S.A., Nucor Corporation, Commercial Metals Company, Sims Metal Management Limited, Aurubis AG, Novelis Inc., ELG Haniel Group, Kuusakoski Group Oy, Tata Steel Ltd., Steel Dynamics Inc., Norsk Hydro ASA, GFG Alliances, China Baowu Group, HKS Scrap* Metals B.V., AMG Resources Corporation, European Metal Recycling, Schnitzer Steel Industries Inc., OmniSource Corporation, Alter Trading Corporation, Ferrous Processing & Trading Co., Metal Management Inc., Tube City IMS LLC, SA Recycling LLC, Upstate Shredding LLC, PSC Metals Inc., American Iron & Metal Company, Southern Recycling LLC, Gerdau S.A., Dowa Holdings Co. Ltd., Liberty Steel Group, Sims Limited

View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/recycled-metal-global-market-report

Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the recycled metal market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the recycled metal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Recycled Metal Market Report Structure
3. Recycled Metal Market Trends And Strategies
4. Recycled Metal Market - Macro Economic Scenario
5. Recycled Metal Market Size And Growth
…..
27. Recycled Metal Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Recycled Metal Global Market Report 2024 - By Report, Size, Share, Industry Scope, Forecast To 2033 here

News-ID: 3538878 • Views:

More Releases from The Business research company

Lithium Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 |Albemarle Corporation, Sociedad Química y Minera, FMC Corporation, Sichuan Tianqi Lithium Industries Inc., Jiangxi Ganfeng Lithium Co. Ltd, Tianqi Lithium Corporation
Lithium Global Market Report 2024 - Market Size, Trends, And Global Forecast 202 …
As per the report, the lithium market size has grown strongly in recent years. It will grow from $6.29 billion in 2023 to $6.92 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The lithium market size is expected to see strongly grown in the next few years. It will grow to $10.44 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%.
Lignite Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 |Coal India Limited, ShenHua Group, China Coal Energy Co. Ltd., Anglo American plc, BHP Billiton Ltd., Rheinisch-Westfälisches Elektrizitätswerk AG, Vattenfall, Polsk
Lignite Global Market Report 2024 - Market Size, Trends, And Global Forecast 202 …
As per the report, the lignite market size has grown rapidly in recent years. It will grow from $133.67 billion in 2023 to $148.58 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%. The lignite market size is expected to see rapidly grown in the next few years. It will grow to $182.21 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%.
Industrial Land Planning And Development Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | The Opus Group, Prologis Inc., Panattoni Development Company Inc., IDI Logistics, Duke Realty Corporation, Exeter Property Group, Hil
Industrial Land Planning And Development Global Market Report 2024 - Market Size …
As per the report, the industrial land planning and development market size has grown strongly in recent years. It will grow from $13.49 billion in 2023 to $14.74 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The industrial land planning and development market size is expected to see strongly grown in the next few years. It will grow to $20.98 billion in 2028 at
Industrial And Commercial Natural Gas Distribution Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Gas Natural Sdg SA, Ultrapar Participacoes SA, Air Liquide SA, Korea Gas Corp., Sempra Energy, National Grid plc, Dominion
Industrial And Commercial Natural Gas Distribution Global Market Report 2024 - M …
As per the report, the industrial and commercial natural gas distribution market size has grown strongly in recent years. It will grow from $812.85 billion in 2023 to $882.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The industrial and commercial natural gas distribution market size is expected to see strongly grown in the next few years. It will grow to $1206.29 billion in

All 5 Releases


More Releases for Metal

Metal Polishing Services Market Research Report 2020 Analysis: Enhanced Growth a …
Metal Polishing Services Market Global Metal Polishing Services Market is providing the summarized study of several factors encouraging the growth of the market such as manufacturers, market size, type, regions and numerous applications. By using the report consumer can recognize the several dynamics that impact and govern the market. For any product, there are several companies playing their role in the market, some new, some established and some are planning to
Metal Detector Market Global Outlook Report 2019-2025 | Industry Key Players - F …
Premium Market Insights has Published New Market Research Report on – “Metal Detector Market – Global Industry Share, Size, Overview, Trends, Growth and Forecast by 2019 - 2025.” Metal Detector Market research report is an expert compiled study which provides a holistic view of the market covering current trends and future scope, trend, Comprehensive Analysis, demand, growth opportunities and outlook with segmentation by product/service, type, application, geography / region and top
Global Metal Polishing Services Market 2019 Top Manufacturers are Metal Polishin …
Global Metal Polishing Services Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023 released by marketandresearch.biz is a momentous study which delivers a primary overview of the Metal Polishing Services industry covering historic switch, current status, and future projection of the market. This report has the ability to increase significant market worldwide by offering noteworthy knowledge of the market with global market structure, industry environment, growth prospects, and
Worldwide Recycled Metal Market By Metal 2024 | Nucor, Steel Dynamics, Schnitzer …
The 2018-2024 report on global Recycled Metal market explores the essential factors of Recycled Metal industry covering current scenario, market demand information, coverage of active companies and segmentation forecasts. North America recycled metal market was estimated close to USD 8.5 billion in 2017. This is mainly attributed to strong presence of transportation, electrical & electronics and defense industry which majorly constitute to the overall product demand. Moreover, strict laws formulated
Metal Recycling Market 2018 | Sims Metal Management, Metallon Recycling, Europea …
This report studies the global Metal Recycling market status and forecast, categorizes the global Metal Recycling market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). . . – Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1839245 ' ' The global Metal Recycling market is valued at xx million
Metal Recycling : Global Market Report (2018-2025) – Metallon Recycling, Europ …
Qyresearchreports include new market research report “Global Metal Recycling Market Research Report 2018” to its huge collection of research reports. The major manufacturers covered in this report Sims Metal Management Metallon Recycling European Recycled Metal TOTALL Metal Recycling K&K Metal Recycling A&S Metal Recycling TKC Metal Recycling Smith Iron & Metal Metso Benton Metal Recycling DBW Metals Recycling Kirby Metal Recycling OmniSource Corporation Schnitzer Steel Industries Nucor Corporation Get PDF for more Professional and Technical insights @ https://www.qyresearchreports.com/sample/sample.php?rep_id=1802914&type=S Geographically, this report studies the top producers and consumers, focuses