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The global metal recycling market has been gaining commendable traction lately and is estimated to progress at a decent annual growth rate of about 2.8 percent in the upcoming years. Having accumulated close to USD 287.62 billion in the year 2017, the overall commercialization scale of the global metal recycling industry is slated to reach USD 339.53 billion by the end of 2023, as per an analysis.Scrap metals collected from various sources are raw materials used in metal recycling. Scrap metals are separated and processed several times to yield recycled metals.
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Steel is one of the most recycled metals. Ferrous metals (iron and steel) are used extensively in various industries such as automobiles, appliances, construction, and packaging
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.
Market Segment by Companies, this report covers:
Nucor Corporation
Commercial Metals
Aurubis
Arcelormittal
MIS Metal Management
European Metal Recycling
Tata Steel
BaoWusteel Group
Remondis
Rethmann
Aluminum is one of the highly recycled materials after steel. Almost 630 million tons of recycled steel was produced in 2017
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The global Metal Recycling market is valued at xx million in 2017 and is expected to reach xx million by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
Market Segment by Type, covers:
Ferrous
Non-ferrous
Market Segment by Applications, can be divided into:
Automotive
Building and construction
Ship building
Equipment manufacturing
Packaging
Consumer appliances
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast-growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Metal Recycling.
Europe also play important roles in global market, with market size of xx million in 2017 and will be xx million in 2023, with a CAGR of xx%.
With reference to the types of metal recycling, the ferrous segment accounted for nearly 90.84 percent of the total revenue share of the metal recycling market in 2017. Apart from the ferrous metals, the non-ferrous segment is progressing gradually with a revenue share of about 9.16 percent of the total industry in the same year.
In terms of geographical penetration, the report by Global info Research claims Asia-Pacific to have emerged as one of the most profitable terrains for the global metal recycling market in the recent times. The region had reportedly apportioned close to USD 142.42 billion of the total sales market share in 2017. It would also be prudent to take note of the fact that the area share of the recycled metals market had been pegged at around 49.52 percent.
The volume of the global metal recycling market stood at around 612619 K metric tons in the year 2017. It is anticipated to expand at an annual growth rate of 1.44 percent in the forthcoming years and possibly reach 667319 K metric tons by the end of the year 2023.
Table of Content:
1 Market Overview
2 Manufacturers Profiles
3 Global Metal Recycling Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Metal Recycling Market Analysis by Regions
5 North America Metal Recycling by Countries
6 Europe Metal Recycling by Countries
7 Asia-Pacific Metal Recycling by Countries
8 South America Metal Recycling by Countries
9 Middle East and Africa Metal Recycling by Countries
10 Global Metal Recycling Market Segment by Type
11 Global Metal Recycling Market Segment by Application
12 Metal Recycling Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
More Details on this Report at: https://www.marketstudyreport.com/reports/global-metal-recycling-market-2018-by-manufacturers-countries-type-and-application-forecast-to-2023
Related Reports: -
Global Metal Recycling Market Research Report 2017
In this report, the global Metal Recycling market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Global Metal Recycling market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including ArcelorMittal, Nucor Corporation, Commercial Metals Company, Sims Metal Management, Aurubis
https://www.marketstudyreport.com/reports/global-metal-recycling-market-research-report-2017
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