-- with the slowdown in world economic growth, the Recycled Metal industry has also suffered a
certain impact, but still maintained a relatively optimistic growth, the past four years, Recycled
Metal market size to maintain the average annual growth rate of 3.38% from 645760 million $ in
2014 to 713440 million $ in 2017, Research analysts believe that in the next few years, Recycled
Metal market size will be further expanded, we expect that by 2022, The market size of the
Recycled Metal will reach 847620 million $.
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Metal recycling is getting importance because of rising problem of dumping of metal waste. Material collected from thrown away construction materials, automotive components, electrical goods, electronic devices and more is used for recycling. Moreover, non-ferrous (copper, nickel, aluminum, lead and zinc), precious (palladium, silver and gold) and ferrous metals (steel and iron) are the main products causing the growth of the global recycled metal market.
Urbanization, industrialization, and rise in income are the factors driving the demand for the global recycled metal market growth. Recycled metals are used in various industries such as shipbuilding, home appliances, automotive, industrial machinery, construction & building and many more. Awareness about the use of natural resources and energy storage plays a major role in motivating manufacturers to reprocess the metal. Thus, trade and industry advantages of recycled metal upsurges the demand for global recycled metal market share.
Increase in E-waste Generation to enhance recycled metal market
In the last few years, value for E-waste has increased substantially. Continuous development in technology and demand of end-users are the factors that drive the electronic products market growth. However, effective and well-designed recycling system encourages to reuse E-waste. E-waste management system helps to prevent the emission of greenhouse gases. Therefore, E-waste is expected to grow in coming years to meet the demand for the global recycled metal market.
Geographically, regions involved in the development of recycled metal market size are Europe, Latin America, North America and Middle East & Africa. In North America, the residential population is increasing the recycled metal market. Awareness about waste management is hindering the market recycled metal in the Asia Pacific.
Manufacturers playing a major role in the recycled metal market are:-
• BASF SE
• Commercial Metals Company
• Nucor Corporation
• Sims Metal Management Ltd
• Umicore N.V.
• European Recycled Metal
• SA Recycling LLC
• Schnitzer Steel Industries, Inc.
• Century Recycled Metal Pvt. Ltd.
• Globe Recycled Metal
• Kuusakoski Group Oy
• OmniSource Corporation
• Aaron Metals
The following Product Type Segmentation Are included in the report:
Product Type Segmentation (Ferrous Metals, Non-ferrous Metals (Aluminum Copper Lead and
Others), Precious Metals)
Industry Segmentation (Building and Construction, Automotive, Electrical and Electronics,
Shipbuilding, Industrial Machinery)
Channel (Direct Sales, Distributor) Segmentation
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Some Point from Table of Content:
Section 1 Recycled Metal Product Definition
Section 2 Global Recycled Metal Market Manufacturer Share and Market Overview
Section 3 Manufacturer Recycled Metal Business Introduction
Section 4 Region Level
Section 5 Product Type Level
Section 6 Industry Level
Section 7 Channel Level
Section 8 Recycled Metal Market Forecast 2018-2022
Section 9 Recycled Metal Segmentation Product Type
Section 11 Recycled Metal Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion
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