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Metal Recycling Market to Grow at 6.01% CAGR, Reaching USD 98.04 Billion by 2030

01-22-2025 06:08 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Metal Recycling Market

Metal Recycling Market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐‘๐ž๐š๐œ๐ก ๐”๐’๐ƒ ๐Ÿ—๐Ÿ–.๐ŸŽ๐Ÿ’ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ

The global metal recycling market, valued at USD 65.16 billion in 2023, is anticipated to grow at a compound annual growth rate (CAGR) of 6.01%, reaching approximately USD 98.04 billion by 2030.

๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Metal recycling involves the systematic collection, processing, and reprocessing of metals into valuable products. This process conserves natural resources, reduces greenhouse gas emissions, and requires less energy compared to producing metal from virgin ore. The increasing demand for metals across various industries, coupled with a growing emphasis on resource conservation and environmental sustainability, is driving the market's expansion.

๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

Vietnam is experiencing a surge in industrialization and urbanization, leading to increased metal consumption. The government's initiatives to promote sustainable development and environmental protection are creating opportunities for the expansion of the metal recycling industry.

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ญ๐จ๐๐š๐ฒ : https://www.maximizemarketresearch.com/request-sample/146220/

๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐ก๐ข๐ง๐š ๐†๐ซ๐จ๐ฐ๐ญ๐ก

China, being one of the largest consumers and producers of metals globally, is focusing on enhancing its metal recycling capabilities. The government's stringent environmental regulations and policies aimed at reducing carbon emissions are propelling the growth of the metal recycling market.

๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ

Thailand's metal recycling industry is witnessing positive trends due to the growing automotive and construction sectors. The increasing awareness of environmental conservation and the implementation of supportive government policies are encouraging the adoption of metal recycling practices.

๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‰๐š๐ฉ๐š๐ง ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง

Japan's mature metal recycling market is undergoing consolidation, with key players merging to strengthen their market positions. The emphasis on technological advancements and efficient recycling processes is driving the industry's evolution.

๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง

South Korea is updating its metal recycling infrastructure to meet the rising demand for recycled metals in electronics and automotive industries. The government's support for green technologies and circular economy principles is facilitating this transition.

๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

Singapore is exploring opportunities in metal recycling to align with its zero-waste vision. The development of advanced recycling facilities and partnerships with global recycling firms are enhancing the country's capabilities in this sector.

๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The United States is experiencing growth in the metal recycling market due to increasing investments in recycling technologies and infrastructure. The emphasis on sustainable practices and circular economy models is fostering industry expansion.

๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐“๐ซ๐ž๐ง๐๐ฌ

Europe is at the forefront of metal recycling trends, driven by stringent environmental regulations and a strong commitment to sustainability. The region's focus on research and development in recycling technologies is setting benchmarks for the global market.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐’๐ข๐ฆ๐ฌ ๐‹๐ข๐ฆ๐ข๐ญ๐ž๐ a global metal recycling company, reported an improved performance at the start of the 2025 financial year after refocusing its portfolio. The company expects its metal businesses to deliver earnings before interest and taxes (EBIT) of about $55 million in the first quarter, with all metals businesses contributing to this positive outcome.

๐†๐ฅ๐ž๐ง๐œ๐จ๐ซ๐ž, one of the world's largest mining companies, is enhancing its recycling capabilities by sourcing copper from old electronics and This initiative aims to meet the increasing demand for copper driven by the energy transition and data boom.

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ญ๐จ๐๐š๐ฒ :https://www.maximizemarketresearch.com/request-sample/146220/

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ค๐ž๐ฒ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  :

๐›๐ฒ ๐Œ๐ž๐ญ๐š๐ฅ ๐“๐ฒ๐ฉ๐ž

Ferrous Metal
Non-Ferrous Metal

The market is divided into ferrous and non-ferrous metals according to the metal type. Throughout the predicted period, ferrous metal will hold a globally is ferrous, and ferrous metal is generally more stain and rust resistant than non-ferrous metal.

๐›๐ฒ ๐ญ๐ฒ๐ฉ๐ž

Old
New

The market is divided into two segments based on the type of new and old Throughout the metal recycling forecast period, old s anticipated to hold a significant market share and dominate the industry. Because it uses less energy and produces fewer greenhouse gas emissions than metal, old is the most common sort of

๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ

Building & Construction
Automotive
Shipbuilding
Consumer Durables
Recycling
Industrial Machinery
Others

The metal recycling market is divided into four segments based on equipment: granulating machines, briquetting machines, shears, and shredders.During the metal recycling market prediction period, shredder equipment will dominate the market with a high market share. Recycling has the advantage of lowering air pollution and environmental risks. When combined with other stock, shredded makes for a thick mixture and is simpler to handle. Ferrous and non-ferrous components are automatically separated from the shreds.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž : @https://www.maximizemarketresearch.com/market-report/metal-recycling-market/146220/

๐‹๐ž๐š๐ซ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ข๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  :

1. ArcelorMittal
2. Nucor Corporation
3. Commercial Metals Company
4. SIMS Metal Management Limited
5. Aurubis AG
6. European Metal Recycling Limited
7. Tata Steel
8. Dowa Holdings Co., Ltd.
9. OmniSource Corporation
10. Schnitzer Steel Industries, Inc.
11. Baosteel Co. Ltd.
12. REMONDIS SE & Co. KG
13. Novelis Aluminum
14. Norton Aluminum Ltd
15. Kuusakoski
16. REAL ALLOY
17. Tom Martin & Co Ltd.
18. TMS International
19. PSC Metals
20. Mervis Industries
21. Upstate Metal Recycling
22. Cozzi Recycling

๐†๐ž๐ญ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ฌ ๐ญ๐จ ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐š๐ฉ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Œ๐ž๐ญ๐š๐ฅ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  :

What is Metal Recycling ?
What is the growth rate of the Metal Recycling Market?
Which are the factors expected to drive the Metal Recycling market growth?
What is the CAGR at which the Metal Recycling market will grow during the forecast period?
What are the different segments of the Metal Recycling Market?
Which is the fastest growing region in the Metal Recycling market?
What growth strategies are the players considering to increase their presence in Metal Recycling ?
What are the upcoming opportunities and trends for the Metal Recycling Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Metal Recycling Market?
Who are the leading companies and what are their portfolios in Metal Recycling Market?
What segments are covered in the Metal Recycling Market?
Who are the key players in the Metal Recycling market?

๐†๐š๐ข๐ง ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐š๐ฅ๐ฎ๐š๐›๐ฅ๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/146220/

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ.

Past Size and Competitive Landscape
โ€ข Past Pricing and price curve by region
โ€ข Size, Share, Size Forecast by different segment
โ€ข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โ€ข Segmentation A detailed analysis by segment with their sub-segments and Region
โ€ข Competitive Landscape Profiles of selected key players by region from a strategic perspective

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

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