Metal Recycling Market Overview
Maximize Market research, a global Healthcare market research firm, has published competitive intelligence market research report on Metal Recycling Market. The Market overview gives thorough details about the industry trends, barriers, competitive strategies, segment wise market analytics & country wise scope
Metal Recycling Market was valued at US$ 55.46 Bn. in 2021 and is expected to reach US$ 103.41 Bn. by 2029, at a CAGR of 8.1 % during a forecast period.
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Metal Recycling Market Report Scope and Research Methodology
Maximize Market Research has collected the data through Primary research surveys from Metal Recycling dealers, suppliers and producers. The company's annual reports and secondary sources, such as reliable paid and free databases are carefully examined to verify the facts for the Metal Recycling market report. The scope of the research includes the analysis of market dynamics, regulations, segments & industry rivalry.
Region wise data has been collected the analyse the country wise markets. The new entrants in Metal Recycling market were researched for growth prospects and future business outlooks Secondary data was collected from official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the Metal Recycling industry along with paid and free databases.All the information that has been acquired has been verified, evaluated, and presented in list form in order to give a coherent and understandable picture of the Metal Recycling market.
Metal Recycling Market Regional Insights
The country wise insightshelp in planning the Metal Recycling market strategies which are suitable and appropriately applicable according to specific countries and regions. The key regions studied are North & South America, Asia Pacific, Europe and Middle East Africa
Metal Recycling Market Segmentation
by Product
• Steel
• Aluminum
• Copper
• Others
According to Application, the construction industry dominated the market in 2021, accounting for more than 46.0% of the total volume. The global building sector has a strong demand for steel and aluminium.
by Application
• Construction
• Automotive
• Consumer Goods
• Industrial Goods
In 2021, the steel segment had the biggest market share (xx%) based on product. The broad usage of steel in the construction, automotive, and consumer goods sectors is a key factor promoting category growth. Another commodity with a lot of recycling potential is aluminium. According to the Aluminium Association, aluminium is one of the materials that is currently recycled the most in the industry. Approximately 75% of the aluminium produced in the United States today is still being used, according to figures from the association.
Metal Recycling Market Key Players
• Nucor Corporation
• ArcelorMittal
• Sims Metal Management Limited
• CMC
• DOWA HOLDINGS Co., Ltd.
• Aurubis AG
• Baosteel Group
• Tata Steel
• TOTALL Metal Recycling, Inc.
• European Metal Recycling
• Commercial Metals Company
• Schnitzer Steel Industries
• OmniSource Corporation
• Tube City Inc.
• Ferrous Processing and Trading Co.
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