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Metal Recycling Market Size, Share & Trends Analysis Report By Product (Aluminum, Steel, Copper), By Application (Construction, Automotive, Consumer Goods), By Region, And Segment Forecasts, 2020 - 2027

July 2020 | 104 pages | ID: M679EA810875EN
Grand View Research, Inc.

US$ 5,950.00

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Metal Recycling Market Growth & Trends

The global metal recycling market size projected to reach USD 1.4 trillion by 2027 registering a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Increasing emphasis on circular economy and growing environmental awareness are the major factors that are likely to propel the market growth over the coming years.

International efforts to enhance global recycling capabilities and the increasing availability of obsolete scrap is likely to promote industry growth in the long term. In terms of volume, steel is the most recycled metal than other materials. This is owing to the abundant availability of steel scrap. However, the outbreak of the COVID-19 pandemic is likely to cause a severe decline in the demand for 2020.

Furthermore, the growing consumption of metal in end-use industries is also likely to play a major role in driving market growth. For instance, steel is largely consumed in the automotive, construction, industrial manufacturing, and consumer goods industries. Aluminum recycling is also gaining significant momentum as recycling aluminum saves over 90% energy compared to its primary production.

Metal manufacturers are increasingly promoting recycling as an effective way to address the problem of resource scarcity and mitigate environmental impact associated with the production process. The industry is garnering significant pace as economically viable recovery of metals from the sorted recyclates is now feasible.

Asia Pacific is predicted to be the largest as well as the fastest-growing regional market from 2020 to 2027. Proper waste management and rapid urbanization are the major factors that are likely to trigger industry growth in APAC. The growing manufacturing sector in India, China, Vietnam, Thailand, Myanmar, and Indonesia is leading to increased production activities, thereby boosting the demand for metal recycling.

Metal Recycling Market Report Highlights
  • Asia Pacific captured the largest revenue share of 67% in 2019, in terms of volume, as the region is the largest producer of metals in the world
  • Steel is expected to register the fastest CAGR of 6.4%, in terms of revenue, from 2020 to 2027 owing to abundant availability of steel scrap from automobiles
  • The construction application segment led the market with a volume share of approximately 47% in 2019, owing to high spending in the construction sector in emerging economies of Asia Pacific
  • Consumer goods is expected to register the fastest CAGR from 2020 to 2027 on account of rising demand for metal products in this sector
  • Aluminum was the second-largest recycled product in 2019 owing to the high demand for aluminum for the production of lightweight vehicles
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

CHAPTER 3. MARKET VARIABLES, TRENDS, AND SCOPE

3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
  3.2.1. Major Raw Material Trends Analysis
3.3. Regulatory Framework
3.4. Technology Framework
3.5. Metal recycling Market- Market Dynamics
  3.5.1. Market Driver Analysis
  3.5.2. Market Restraint Analysis
  3.5.3. Industry Challenges
3.6. Business Environmental Tools Analysis: Metal recycling Market
  3.6.1. Porter’s Five Forces Analysis
    3.6.1.1. Bargaining Power of Suppliers
    3.6.1.2. Bargaining Power of Buyers
    3.6.1.3. Threat of Substitution
    3.6.1.4. Threat of New Entrants
    3.6.1.5. Competitive Rivalry
  3.6.2. PESTLE Analysis
    3.6.2.1. Political Landscape
    3.6.2.2. Economic Landscape
    3.6.2.3. Social Landscape
    3.6.2.4. Technology Landscape
    3.6.2.5. Environmental Landscape
    3.6.2.6. Legal Landscape
3.7. Major Strategic Deals & Alliances

CHAPTER 4. METAL RECYCLING MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

4.1. Metal recycling Market: Product Movement Analysis, 2019 & 2027
4.2. Steel
  4.2.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
4.3. Aluminum
  4.3.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
4.4. Copper
  4.4.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
4.5. Others
  4.5.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)

CHAPTER 5. METAL RECYCLING MARKET: APPLICATION ESTIMATES & TREND ANALYSIS

5.1. Metal recycling Market: Application Movement Analysis, 2019 & 2027
5.2. Construction
  5.2.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
5.3. Automotive
  5.3.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
5.4. Consumer goods
  5.4.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
5.5. Industrial goods
  5.5.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)

CHAPTER 6. METAL RECYCLING MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

6.1. Regional Movement Analysis & Market Share, 2019 & 2027
6.2. Metal recycling market: Regional movement analysis, 2019 & 2027
6.3. North America
  6.3.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
  6.3.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
  6.3.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
  6.3.4. The U.S.
    6.3.4.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
    6.3.4.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
    6.3.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
6.4. Europe
  6.4.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
  6.4.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
  6.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
  6.4.4. Germany
    6.4.4.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
    6.4.4.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
    6.4.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
  6.4.5. Russia
    6.4.5.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
    6.4.5.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
    6.4.5.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
  6.4.6. Turkey
    6.4.6.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
    6.4.6.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
    6.4.6.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
6.5. Asia Pacific
  6.5.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
  6.5.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
  6.5.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
  6.5.4. China
    6.5.4.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
    6.5.4.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
    6.5.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
  6.5.5. India
    6.5.5.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
    6.5.5.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
    6.5.5.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
  6.5.6. Japan
    6.5.6.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
    6.5.6.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
    6.5.6.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
6.6. Central & South America
  6.6.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
  6.6.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
  6.6.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
  6.6.4. Brazil
    6.6.4.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
    6.6.4.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
    6.6.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
6.7. Middle East & Africa
  6.7.1. Market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
  6.7.2. Market estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
  6.7.3. Market estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)

CHAPTER 7. COMPETITIVE LANDSCAPE

7.1. Key Global Players, Their Initiatives, & Its Impact on the Market
7.2. Vendor Landscape
7.3. Company Market Position Analysis
7.4. Company Dashboard Analysis
7.5. Strategic Framework

CHAPTER 8. COMPANY PROFILES

8.1. European Metal Recycling
  8.1.1. Company overview
  8.1.2. Financial performance
  8.1.3. Product benchmarking
  8.1.4. Strategic initiatives
8.2. GFG Alliance
  8.2.1. Company overview
  8.2.2. Financial performance
  8.2.3. Product benchmarking
  8.2.4. Strategic initiatives
8.3. CMC
  8.3.1. Company overview
  8.3.2. Financial performance
  8.3.3. Product benchmarking
  8.3.4. Strategic initiatives
8.4. Norsk Hydro ASA
  8.4.1. Company overview
  8.4.2. Financial performance
  8.4.3. Product benchmarking
  8.4.4. Strategic initiatives
8.5. Kimmel Scrap Iron & Metal Co. Inc.
  8.5.1. Company overview
  8.5.2. Financial performance
  8.5.3. Product benchmarking
  8.5.4. Strategic initiatives
8.6. Schnitzer Steel Industries, Inc.
  8.6.1. Company overview
  8.6.2. Financial performance
  8.6.3. Product benchmarking
  8.6.4. Strategic initiatives
8.7. Novelis
  8.7.1. Company overview
  8.7.2. Financial performance
  8.7.3. Product benchmarking
  8.7.4. Strategic initiatives
8.8. Tata Steel
  8.8.1. Company overview
  8.8.2. Financial performance
  8.8.3. Product benchmarking
  8.8.4. Strategic initiatives
8.9. Sims Metal Management Limited
  8.9.1. Company overview
  8.9.2. Financial performance
  8.9.3. Product benchmarking
  8.9.4. Strategic initiatives
8.10. Utah Metal Works
  8.10.1. Company overview
  8.10.2. Financial performance
  8.10.3. Product benchmarking
  8.10.4. Strategic initiatives
LIST OF TABLES

1. Steel metal recycling market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
2. Aluminum metal recycling market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
3. Copper metal recycling market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
4. Other metal recycling market estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
5. Metal recycling estimates and forecasts for construction, 2016 - 2027 (Million Tons) (USD Billion)
6. Metal recycling estimates and forecasts for automotive, 2016 - 2027 (Million Tons) (USD Billion)
7. Metal recycling estimates and forecasts for consumer goods, 2016 - 2027 (Million Tons) (USD Billion)
8. Metal recycling estimates and forecasts for other applications, 2016 - 2027 (Million Tons) (USD Billion)
9. North America metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
10. North America metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
11. North America metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
12. The U.S. metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
13. The U.S. metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
14. The U.S. metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
15. Canada metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
16. Canada metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
17. Canada metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
18. Mexico metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
19. Mexico metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
20. Mexico metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
21. Europe metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
22. Europe metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
23. Europe metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
24. Germany metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
25. Germany metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
26. Germany metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
27. Russia metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
28. Russia metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
29. Russia metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
30. Turkey metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
31. Turkey metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
32. Turkey metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
33. Asia Pacific metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
34. Asia Pacific metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
35. Asia Pacific metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
36. China metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
37. China metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
38. China metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
39. India metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
40. India metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
41. India metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
42. Japan metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
43. Japan metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
44. Japan metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
45. Central & South America metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
46. Central & South America metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
47. Brazil metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
48. Brazil metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
49. Brazil metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
50. Middle East & Africa metal recycling estimates and forecasts, 2016 - 2027 (Million Tons) (USD Billion)
51. Middle East & Africa metal recycling estimates and forecasts, by product, 2016 - 2027 (Million Tons) (USD Billion)
52. Middle East & Africa metal recycling estimates and forecasts, by application, 2016 - 2027 (Million Tons) (USD Billion)
53. Metal recycling market - Market segmentation & scope

LIST OF TABLES

1. Information procurement
2. Primary research pattern
3. Primary research process
4. Primary research approaches
5. Metal recycling market - Market snapshot
6. Metal recycling market - Penetration & growth prospect mapping
7. Metal recycling market - Industry value chain analysis
8. Metal recycling market - Market dynamics
9. Market driver impact analysis
10. Market restraint impact analysis
11. Metal recycling market: Product movement analysis, 2019 & 2027
12. Metal recycling market: Application movement analysis, 2019 & 2027
13. Metal recycling market: Regional snapshot, 2019 & 2027
14. Metal recycling market: Regional movement analysis, 2019 & 2027
15. Company market positioning
16. Company dashboard analysis
17. Strategy framework


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