Harrisburg, NC -- (SBWIRE) -- 03/03/2019 -- Global Metal Recycling Market Insights, Forecast to 2025
Metal recycling is gaining significant importance attributed to the rising problem pertaining to disposal of metal wastes across the globe. Metals are used for manufacturing variety of products such as automotive components and parts, electronics appliances, beverage containers, and furniture among others. The most used metals can be broadly divided in to ferrous (steel and iron) and non-ferrous (aluminum, tin, brass and copper). The process of metal recycling includes collection and sorting, processing, shredding, and melting and purification. During the forecast period, growth of metal recycling market is attributed to rising government regulations on waste recycling and management, aimed at efficient utilization of natural resources.
The Global Metal Recycling market size is projected to grow from USD 277.12 Billion in 2015 to reach USD 406.16 Billion by 2020, at an estimated CAGR of 7.95%.
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Top Leading Companies are: 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
The major factor driving the growth of metal recycling market is attributed to increasing industrialization and urbanization, rising income, and spending capability of people in developing economies such as China, Brazil and India. In addition, rising demand for metal recycling in various end use industries primarily including electronic, building and construction, metal fabrication, automotive, medical and healthcare equipments and packaging among others is further driving the growth of global metal recycling market. Moreover, metal recycling market is expected to expand significantly during the forecast period attributed to increasing focus among private sector companies and public sectors bodies for offering environmental services, primarily aimed at efficient and sustainable utilization of natural resources.
Contents of the 15 Chapters for This Metal Recycling Market Study:-
Chapter 1, to describe Metal Recycling Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Metal Recycling , with sales, revenue, and price of Metal Recycling , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Metal Recycling, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Metal Recycling market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Metal Recycling sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Metal Recycling Market, by Type:
Ferrous Metals
Non-ferrous Metals
Precious Metals
Metal Recycling Market, by End User:
Building & Construction
Automotive
Electrical & Electronics
Industrial Machinery
Others
However, government restriction on free and fare trade of metal scrap is posing as a major restraint to the growth of the market. In addition, growth of metal recycling market is hampered due to unavailability of organized metal waste collection practice in various developing countries. Opportunities for key players in the metal recycling market lies in penetrating emerging market of Asia Pacific and Africa. In addition, rising demand for recovering metal from slag residue is further creating new opportunities for metal recycling market.
On the basis of end use industries of metal recycling, the market can be categorized into automotive, building and construction, ship building, equipment manufacturing, packaging, consumer appliances and others. Building and construction segment is expected to see a robust growth owing to growth in infrastructure and construction activities in regions such as Asia, Africa and Latin America during the forecast period.
Regionally, the global market for metal recycling is significantly segmented into Latin America, Middle East and Africa, North America, and Europe. Increasing urbanized population is boosting the global market in the North America. Increased awareness regarding the importance of waste management and resource efficiency is lowering the global market in Asia Pacific. Rapid industrialization will boost the global market in Germany and France. The Rest of the World will witness a steady growth in the global market in the coming future.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Metal Recycling Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Metal Recycling Market Carrier and assist manufacturers and investment organization to better grasp the development course of Metal Recycling Market.
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Important attributes of the report:
The 360-degree Metal Recycling overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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