Albany, NY -- (SBWire) -- 03/26/2019 --The scrap Metal materials mainly include ferrous and non-ferrous scrap metal. Recycling of material came into existence to curb unnecessary generation of waste and for effective waste management.
In terms of consumption, the ferrous scrap metal recycling segment dominated this scrap metal market during 2017 and is likely to experience a high growth rate during the forecasted period as well. Factors such as the increasing exports of ferrous scrap from the US to various countries such as China, India, Mexico, Taiwan, and Turkey and the growing popularity for the use of ferrous scrap to produce steel and iron in its raw form that reduces the carbon dioxide emissions, will fuel the growth of this scrap metals market in this segment.
APAC was the largest revenue contributor and captured a significant portion of this global scrap management market during 2017. Since the region is the largest producer of steel in the world, which in turn, leads to the consumption of enormous quantities of scrap metal every year, the region will continue its dominance in this scrap industry during the next few years as well.
In 2017, the global Scrap Metal Recycling market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
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Scrap Metal Recycling market competition by top manufacturers, with production, price, and revenue (value) and market share for each manufacturer; the top players including:
ArcelorMittal
Nucor Corporation
OmniSource
Sims Metal Management
American Iron & Metal
Armco Metals Holdings
Aurubis
Commercial Metals
Ferrous Processing & Trading
Kuusakoski
PSC Metals
Schnitzer Steel Industries
Sunrise Metal Recycling
TMS International
Upstate Metal Recycling
Wm Miller Scrap Iron & Metal
Based on Product Type, Scrap Metal Recycling market report displays the manufacture, profits, value, and market segment and growth rate of each type, covers:
Non-ferrous Metal
Ferrous Metal
Based on end users/applications, Scrap Metal Recycling market report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, this can be divided into:
Extraction of Material
Regeneration Use
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On the basis of Region
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Scrap Metal Recycling status, future forecast, growth opportunity, key market and key players.
To present the Scrap Metal Recycling development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Scrap Metal Recycling are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Scrap Metal Recycling Market Analysis to 2025: ArcelorMittal, Nucor Corporation, OmniSource, Sims Metal Management
This report focuses on the global Scrap Metal Recycling status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Scrap Metal Recycling development in United States, Europe and China.