Metal Recycling Market Size, Trends, Competitive Landscape and Key Regions-Global Forecast to 2020

“Increasing awareness of the efficient use of natural resources to drive the metal recycling market.”

The global metal recycling market size will grow from USD 277.12 billion in 2015 to reach USD 406.16 billion by 2020, at a projected CAGR of 7.95%. The metal recycling market is driven by strict laws pertaining to waste management.

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Target audience

• Metal producing & recycling companies
• Environmental service providers
• Government and regulatory bodies
• Associations and industry bodies
• Municipalities, local, and regional authorities
• Other end users (materials recovery facilities, processor, and sorters)

“Use of recycled metal in the building & construction sector projected to increase during the forecast period.”

The building & construction segment is projected to be the fastest-growing end-use sector in the next five years. Due to growth of infrastructure development and construction related activities, the demand for metal recycling is projected to grow in this sector.

Metals are used to manufacture a variety of products such as home appliances, automotive parts and components, beverage containers, packaging, jewelry, and furniture. The extensive use of metals demands proper management of its life cycle. The largest amount of recycled metal in 2014 is projected to be used in the building & construction sector. With the implementation of regulations such as Extender Producers Responsibility, recycling of end-of-life vehicles, and WEEE guidelines, the use of recycled metal in the automotive and equipment manufacturing industry is also projected to occupy a large share.

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The segments considered for this report are based on the metal type, scrap type, end-use sector of recycled metal, and region. The segmentation based on metal type consist of ferrous and non-ferrous scrap for recycling. Recycling ferrous metals is a huge market which is projected to grow at a high growth rate between 2015 and 2020. Iron and steel scrap are some of the most widely recycled ferrous metals in the world. This scrap comes from end-of-life products and scrap generated through manufacturing processes. The use of scrap in steel production has formed an integral part of the steel making industry.

Breakdown of Primaries:

Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the metal recycling market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources include professionals such as metal recyclers, scrap metal dealers, and distributors. The following figure provides a breakdown of the type of companies to which the primary sources belong, the number of primaries by designation, and their regional break-up.

• By Company Type: Tier 1: 41%; Tier 2: 42%; Tier 17%
• By Designation: C-level: 48%; Manager Level: 32%; others*: 20%
• By Region: North America: 38%; Europe: 35%; Asia-Pacific: 18%; RoW: 9%

Note: Others include sales managers, marketing managers, and product managers

Tier-1: Revenue >USD 500 million

Tier-2: USD 100> Revenue > USD 500 million

Tier 3: Revenue < USD 100 million

The various key metal recycling companies profiled in the report are as follows:

• ArcelorMittal (Luxembourg)
• Nucor Corporation (U.S.)
• Commercial Metals Company (U.S.)
• Sims Metal Management Limited (U.S.)
• Aurubis AG (Germany) Linde Ag (Germany)
• European Metal Recycling Limited (U.K.)
• Dowa Holdings Co., Ltd. (Japan)
• Tata Steel Limited (India)
• Baosteel Group Corporation (China)
• Redmond’s SE & Co. KG (Germany)

The report will help the market leaders/new entrants in this market in the following ways:

• This report segments the metal recycling market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions.
• The report helps stakeholders to understand the market and provides them information on key market drivers, restraints, challenges, and opportunities.
• This report will help stakeholders to better understand their competitors and gain more insights about their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, agreements, partnerships and joint ventures, and acquisitions.

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