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Global Recycled Metal Market Report 2025: Steady Growth with a CAGR of 4.9% and Significant Trends to Watch Out For
Recycled Metal Market Size
What Is The Projected Market Size Of The Global Recycled Metal Global Market Report 2025 And Its Growth Rate?
• In recent years, the recycled metal market size has shown steady growth, rising from $71.97 billion in 2024 to an anticipated $75.47 billion in 2025. This represents a compound annual growth rate (CAGR) of 4.9%.
• The recycled metal market size is anticipated to see strong growth in the next few years, reaching $99.13 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%.
• Trends driving the growth in the forecast period include green manufacturing practices, supply chain transparency, investments in waste management, resource scarcity concerns, and corporate sustainability commitments.
What Is Driving The Growth In The Recycled Metal Global Market Report 2025?
The increasing demand in the construction sector is expected to drive the growth of the recycled metal market. Construction activities have been on the rise due to rapid industrialization and urbanization, creating a significant demand for recycled metals. According to the Office for National Statistics, new construction activities saw an increase of £18,161 million ($19.96 million) in 2022, with private sector projects growing by 16.8% and public sector projects rising by 13.1%, further incentivizing the recycled metal market.
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Who Are the Key Players Driving Recycled Metal Global Market Report 2025 Growth?
• 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
What Are The Key Trends In The Recycled Metal Global Market Report 2025?
• Promotion of a circular economy
• Government regulations
• Concerns over resource scarcity
• Green building practices
• Economic viability
What Are The Segments Of The Global Recycled Metal Global Market Report 2025?
• By Product: Steel, Aluminum, Copper, Other Products
• By Metal: Ferrous, Non-Ferrous, Precious Metals
• By End-User: Construction, Transport And Automotive, Industrial Machinery, Electronics, Defense, Packaging, Military, Consumer Goods, Other End-Users
Which Region Leads The Recycled Metal Global Market Report 2025?
Asia-Pacific was the largest region in the recycled metal market in 2024. The region is expected to show the fastest growth in the forecast period. Other key regions covered in the recycled metal market report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Recycled Metal Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Recycled Metal Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Recycled Metal Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Recycled Metal Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Recycled Metal Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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