金属リサイクル市場 : 2029年までの世界予測

Metal Recycling Market - Global Forecast to 2029

金属リサイクル市場 :タイプ (鉄金属、非鉄金属)、スクラップのタイプ (ニュースクラップ、オールドスクラップ)、使用機器 (シュレッダー、せん断機、造粒機、ブリケットマシン)、最終用途産業、地域 - 2029年までの世界予測
Metal Recycling Market by Type (Ferrous Metals, Non-Ferrous Metals), Scrap Type (Old Scrap, New Scrap), Equipment Used (Shredder, Shear, Granulation Machine, Briquetting Machine), End-Use Industry, and Region - Global Forecast to 2029
出版年月2024年6月
ページ数284
図表数444
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

金属リサイクル市場規模は、2024 年に 5,519 億米ドルと推定され、CAGR 6.8% で成長し、 2029 年までに 7,679 億米ドルに達すると予測されています。

MarketsandMarkets(マーケッツアンドマーケッツ)「金属リサイクル市場 : タイプ (鉄金属、非鉄金属)、スクラップのタイプ (ニュースクラップ、オールドスクラップ)、使用機器 (シュレッダー、せん断機、造粒機、ブリケットマシン)、最終用途産業、地域 – 2029年までの世界予測 – Metal Recycling Market by Type (Ferrous Metals, Non-Ferrous Metals), Scrap Type (Old Scrap, New Scrap), Equipment Used (Shredder, Shear, Granulation Machine, Briquetting Machine), End-Use Industry, and Region – Global Forecast to 2029」は世界の金属リサイクル市場を調査し、主要セグメント毎の分析・予測結果を提供します。

主な調査対象セグメント

  • タイプ
    • 鉄金属
    • 非鉄金属
  • スクラップタイプ
    • ニュースクラップ(新屑)
    • オールドスクラップ(古屑)
  • 使用機器
    • シュレッダー
    • せん断機
    • 造粒機
    • ブリケットマシン
  • エンドユース産業
    • 建築&建設
    • 自動車
    • 機器製造
    • 造船
    • 梱包
    • 消費材
    • その他のエンドユース産業
  • 地域
    • 北米
    • 欧州
    • アジア太平洋地域
    • 中東&アフリカ
    • 南米

Report Overview

The metal recycling market size is estimated to be USD 551.9 billion in 2024, and it is projected to reach USD 767.9 billion by 2029 at a CAGR of 6.8%.

The rising demand for consumer electronics is significantly driving the growth of the metal recycling market. As the production and consumption of devices such as smartphones, laptops, tablets, and household appliances increase, so does the generation of electronic waste (e-waste). These devices contain valuable metals like copper, aluminum, gold, and silver, which can be recovered and recycled. Recycling metals from e-waste is crucial for conserving natural resources and reducing the environmental impact of mining and processing new metals. The high turnover rate of consumer electronics, due to rapid technological advancements and the frequent release of new models, creates a constant supply of obsolete devices ready for recycling. Governments and environmental organizations are enforcing stricter regulations and promoting initiatives to manage e-waste, encouraging recycling practices among both consumers and manufacturers. This regulatory support, along with growing environmental awareness among consumers, is boosting the metal recycling market. Thus, the increasing demand for consumer electronics leads to more e-waste, driving the need for efficient recycling processes to recover valuable metals. This trend supports the growth of the metal recycling market by ensuring a steady supply of recyclable materials and promoting sustainable practices in the electronics industry.

金属リサイクル市場 : 2029年までの世界予測

“By Type, Non-Ferrous Metals Segment Accounted for the Second Highest CAGR During the Forecast Period.”
Non-ferrous metals are metals that do not contain significant amounts of iron, making them more malleable, lighter, and resistant to corrosion compared to ferrous metals. Common non-ferrous metals include aluminum, copper, lead, zinc, tin, nickel, and precious metals like gold and silver. Non-ferrous metals have a wide range of applications. Aluminum is used in aircraft, automotive parts, packaging, construction materials, and consumer electronics. Copper is essential for electrical wiring, plumbing, roofing, and industrial machinery. Lead finds use in batteries, radiation shielding, and certain types of glass and ceramics. Zinc is used for galvanizing steel, in alloys like brass, and in die-casting for automotive and electrical industries. Tin is commonly used in solder for electronics, as a coating for steel cans, and in various alloys. Nickel is utilized in stainless steel production, batteries (particularly for electric vehicles), and superalloys for aerospace applications. Gold and silver are prized for jewelry, electronics due to their excellent conductivity, medical devices, and as investment commodities. These properties make non-ferrous metals indispensable in modern technology, infrastructure, and manufacturing.

金属リサイクル市場 : 2029年までの世界予測 ecosystem

“By End-Use Industry, Equipment manufacturing End-Use Industry Segment Accounted For The Third Highest CAGR During the Forecast Period.”
Several factors contribute to the expansion of the equipment manufacturing end-use industry within the metal recycling market. There is a growing emphasis on sustainability and environmental awareness among equipment manufacturers. Utilizing recycled metals in manufacturing aligns with these principles, offering a more eco-friendly alternative to virgin materials. Recycling metals often proves more economical than sourcing new materials, leading to savings in raw material procurement, production, and waste disposal costs for manufacturers. Advancements in recycling technologies improve the quality and availability of recycled metals, making them increasingly viable for manufacturing high-quality equipment. Innovations in sorting, shredding, and purification processes enable the recovery of pure metals with properties comparable to virgin materials. Regulatory initiatives and government policies promoting recycling and circular economy principles incentivize equipment manufacturers to integrate recycled metals into their production processes. Consumer preferences for eco-friendly products influence equipment manufacturers to prioritize sustainability. Using recycled metals allows manufacturers to meet these expectations, enhancing their brand reputation and market competitiveness. Thus, the growth of the equipment manufacturing industry within the metal recycling market is driven by sustainability concerns, cost-effectiveness, technological advancements, regulatory incentives, and consumer demand for eco-friendly products. These factors collectively contribute to the increasing adoption of recycled metals in equipment manufacturing, fostering a more sustainable industrial ecosystem.

“North America is accounted third larget market for Metal recycling in 2023.”
The North America region is accounted third larget in the Metal recycling market. This growth encompasses countries like US, Canada, and Mexico.
The North American metal recycling market experiences growth and development influenced by various drivers, trends, and factors. Stringent environmental regulations and sustainability initiatives push industries to adopt recycling practices, aiming to minimize waste and preserve resources. The region’s robust industrial sector generates significant amounts of metal scrap, ensuring a steady supply for recycling processes. Technological advancements in recycling technologies enhance efficiency and promote the utilization of recycled metals across various applications. Economic factors, including cost-effectiveness and the increasing demand for sustainable products, further stimulate the growth of the metal recycling market in North America.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the Metal recycling market.

• By Company Type: Tier 1: 40%, Tier 2: 25%, and Tier 3: 35%
• By Designation: C Level: 35%, Director Level: 30%, and Others: 35%
• By Region: North America: 25%, Europe: 20%, APAC: 45%, Middle East & Africa: 5%, and South America: 5%

金属リサイクル市場 : 2029年までの世界予測 region

Companies Covered: The global Metal recycling market comprises major manufacturers, such as ArcelorMittal (Luxembourg), Nucor (US), CMC (US), Sims Limited (Australia), Aurubis AG (Germany), Dowa Holdings Co., Ltd. (Japan), Tata Steel (India), Radius Recycling, Inc. (US), European Metal Recycling Ltd. (UK), and Upstate Shredding – Weitsman Recycling (US), among others.

Research Coverage
The market study covers the metal recycling market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, scrap type, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the metal recycling market.

Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall metal recycling market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers (Growth of automotive industry, Increasing demand for consumer electronics, and Urbanization and infrastructure development), restraints (Disorganized metal waste collection in developing countries), opportunities (Recovering metals from slag residue) and challenges (Growing complexity of products poses challenges to recycling efforts).
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the metal recycling market
• Market Development: Comprehensive information about lucrative markets – the report analyses the metal recycling market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Metal recycling market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like ArcelorMittal (Luxembourg), Nucor (US), CMC (US), Sims Limited (Australia), Aurubis AG (Germany), Dowa Holdings Co., Ltd. (Japan), Tata Steel (India), Radius Recycling, Inc. (US), European Metal Recycling Ltd. (UK), and Upstate Shredding – Weitsman Recycling (US), among others in the metal recycling market. The report also helps stakeholders understand the pulse of the Metal recycling market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1            INTRODUCTION            43

1.1         STUDY OBJECTIVES      43

1.2         MARKET DEFINITION   43

1.2.1      INCLUSIONS AND EXCLUSIONS 44

1.3         STUDY SCOPE  44

1.3.1      MARKET SEGMENTATION         44

1.3.2      REGIONS COVERED      45

1.3.3      YEARS CONSIDERED     45

1.4         CURRENCY CONSIDERED          46

1.5         UNITS CONSIDERED     46

1.6         LIMITATIONS   46

1.7         STAKEHOLDERS            46

1.8         SUMMARY OF CHANGES            47

2            RESEARCH METHODOLOGY     48

2.1         RESEARCH DATA           48

FIGURE 1           METAL RECYCLING MARKET: RESEARCH DESIGN          48

2.1.1      SECONDARY DATA       49

2.1.1.1   Key data from secondary sources     49

2.1.2      PRIMARY DATA 50

2.1.2.1   Key data from primary sources         50

2.1.2.2   Key industry insights          51

2.1.2.3   Breakdown of primary interviews     51

2.2         MARKET SIZE ESTIMATION       52

FIGURE 2           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       52

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       53

2.2.1      VOLUME MARKET APPROACH  53

2.2.1.1   Approach 1 (Based on type, by country)        53

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH, BY METAL TYPE    54

2.2.1.2   Approach 2 (Based on scrap type)   55

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY, BY SCRAP TYPE              55

2.3         DATA TRIANGULATION             56

FIGURE 6           DATA TRIANGULATION: METAL RECYCLING MARKET 56

2.4         FACTOR ANALYSIS        57

2.5         IMPACT OF RECESSION 57

2.6         RESEARCH ASSUMPTIONS         58

2.7         RESEARCH LIMITATIONS           58

2.8         RISK ASSESSMENT         58

3            EXECUTIVE SUMMARY 59

FIGURE 7           FERROUS METAL SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD     60

FIGURE 8           OLD SCRAP SEGMENT TO WITNESS HIGHER GROWTH RATE DURING FORECAST PERIOD     60

FIGURE 9           BUILDING & CONSTRUCTION TO BE LARGEST END-USE INDUSTRY OF METAL RECYCLING         61

FIGURE 10         ASIA PACIFIC TO LEAD METAL RECYCLING MARKET    61

4            PREMIUM INSIGHTS      63

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN METAL RECYCLING MARKET            63

FIGURE 11         EMERGING ECONOMIES OFFER ATTRACTIVE OPPORTUNITIES IN METAL RECYCLING MARKET          63

4.2         ASIA PACIFIC: METAL RECYCLING MARKET, BY TYPE AND COUNTRY              64

FIGURE 12         CHINA DOMINATED METAL RECYCLING MARKET IN 2023              64

4.3         METAL RECYCLING MARKET, BY TYPE 64

FIGURE 13         FERROUS METALS SEGMENT TO LEAD OVERALL MARKET DURING FORECAST PERIOD     64

4.4         METAL RECYCLING MARKET, BY SCRAP TYPE   65

FIGURE 14         OLD SCRAP TO REGISTER HIGHER GROWTH RATE DURING FORECAST PERIOD       65

4.5         METAL RECYCLING MARKET, BY END-USE INDUSTRY  65

FIGURE 15         BUILDING & CONSTRUCTION TO LEAD METAL RECYCLING MARKET            65

4.6         METAL RECYCLING MARKET, BY COUNTRY      66

FIGURE 16         CHINA PROJECTED TO REGISTER HIGHEST CAGR FROM 2024 TO 2029              66

5            MARKET OVERVIEW     67

5.1         INTRODUCTION            67

5.2         MARKET DYNAMICS     68

FIGURE 17         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN METAL RECYCLING MARKET             68

5.2.1      DRIVERS            68

5.2.1.1   Growing demand from automotive, consumer electronics, and construction industries             68

FIGURE 18         GLOBAL VEHICLE PRODUCTION IN 2022 (THOUSAND UNITS)              69

FIGURE 19         GLOBAL ELECTRIC VEHICLE SALES, 2019–2023 (UNITS) 70

TABLE 1             POPULATION AND URBANIZATION, BY REGION, 2021–2050 (MILLION)        70

TABLE 2             POPULATION GROWTH, BY REGION, 2022–2050 (MILLION)              70

5.2.1.2   Expansion of steel industry 71

TABLE 3             GLOBAL CRUDE STEEL PRODUCTION, 2019–2023 (MILLION TONNES)           72

TABLE 4             USE OF RECYCLED STEEL FOR STEELMAKING IN KEY COUNTRIES/ REGIONS (MILLION TONNES)       72

5.2.1.3   Implementation of stringent regulations        73

5.2.2      RESTRAINTS     73

5.2.2.1   Unorganized metal waste collection in developing countries      73

5.2.3      OPPORTUNITIES           74

5.2.3.1   Establishment of net-zero emission targets    74

5.2.3.2   Recovery of metals from slag residue              74

5.2.4      CHALLENGES   75

5.2.4.1   Growing complexity of products      75

6            INDUSTRY TRENDS       76

6.1         PORTER’S FIVE FORCES ANALYSIS         76

FIGURE 20         PORTER’S FIVE FORCES ANALYSIS: METAL RECYCLING MARKET            76

TABLE 5             METAL RECYCLING MARKET: PORTER’S FIVE FORCES ANALYSIS          76

6.1.1      THREAT OF NEW ENTRANTS    77

6.1.2      THREAT OF SUBSTITUTES         77

6.1.3      BARGAINING POWER OF SUPPLIERS     77

6.1.4      BARGAINING POWER OF BUYERS           77

6.1.5      INTENSITY OF COMPETITIVE RIVALRY 78

6.2         VALUE CHAIN ANALYSIS            78

FIGURE 21         METAL RECYCLING MARKET: VALUE CHAIN ANALYSIS 78

6.3         TRADE DATA ANALYSIS             79

6.3.1      EXPORT SCENARIO OF METAL RECYCLING MARKET     79

FIGURE 22         EXPORT OF FERROUS WASTE AND SCRAP; REMELTING SCRAP INGOTS OF IRON OR STEEL (EXCL. SLAG, SCALE, AND OTHER WASTE FROM THE PRODUCTION OF IRON OR STEEL; RADIOACTIVE WASTE AND SCRAP; FRAGMENTS OF PIGS, BLOCKS OR OTHER PRIMARY FORMS OF PIG IRON OR SPIEGELEISEN), BY KEY COUNTRIES, 2018–2022 79

6.3.2      IMPORT SCENARIO OF METAL RECYCLING MARKET     80

FIGURE 23         IMPORT OF FERROUS WASTE AND SCRAP; REMELTING SCRAP INGOTS OF IRON OR STEEL (EXCL. SLAG, SCALE, AND OTHER WASTE FROM THE PRODUCTION OF IRON OR STEEL; RADIOACTIVE WASTE AND SCRAP; FRAGMENTS OF PIGS, BLOCKS OR OTHER PRIMARY FORMS OF PIG IRON OR SPIEGELEISEN, BY KEY COUNTRIES, 2018–2022  80

6.4         MACROECONOMIC OVERVIEW 81

6.4.1      GLOBAL GDP OUTLOOK           81

TABLE 6             WORLD GDP GROWTH PROJECTION, 2019–2026 (USD BILLION)              81

6.5         TECHNOLOGY ANALYSIS           82

6.5.1      KEY TECHNOLOGIES    82

6.5.1.1   Electric arc furnace (EAF) 82

6.5.1.2   Shredding and sorting technologies 82

6.5.2      COMPLEMENTARY TECHNOLOGIES     83

6.5.2.1   Hydrometallurgical process              83

6.5.2.2   Pyrometallurgical process  83

6.6         TARIFF AND REGULATORY LANDSCAPE            83

6.6.1      TARIFF RELATED TO METAL RECYCLING MARKET        83

TABLE 7             AVERAGE TARIFF, BY COUNTRY             84

6.6.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          85

TABLE 8             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         85

TABLE 9             EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         86

TABLE 10           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         87

TABLE 11           MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         88

TABLE 12           SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         89

6.7         CASE STUDY ANALYSIS 89

TABLE 13           RADIUS RECYCLING’S INTEGRATED APPROACH            89

TABLE 14           OMNISOURCE, LLC ‘S SUSTAINABLE PRACTICES            89

TABLE 15           UPSTATE SHREDDING – WEITSMAN RECYCLING’S EXPANSION              90

6.8         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS              90

FIGURE 24         EMERGING TRENDS AND ADVANCEMENTS IN TECHNOLOGY TO IMPACT REVENUE MIX         90

6.9         KEY CONFERENCES & EVENTS  91

TABLE 16           METAL RECYCLING MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025     91

6.10       KEY STAKEHOLDERS AND BUYING CRITERIA    92

6.10.1    KEY STAKEHOLDERS IN BUYING PROCESS         92

FIGURE 25         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END-USE INDUSTRIES       92

TABLE 17           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN METAL RECYCLING MARKET    92

6.10.2    BUYING CRITERIA         92

FIGURE 26         KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              92

TABLE 18           KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              93

6.11       ECOSYSTEM ANALYSIS 93

TABLE 19           METAL RECYCLING MARKET: ROLE IN ECOSYSTEM      93

FIGURE 27         METAL RECYCLING MARKET: ECOSYSTEM MAP             94

6.12       PATENT ANALYSIS        94

6.12.1    INTRODUCTION            94

6.12.2    METHODOLOGY           94

FIGURE 28         NUMBER OF PATENTS GRANTED FOR METAL RECYCLING, 2013–2023          95

FIGURE 29         JURISDICTION ANALYSIS: REPUBLIC OF KOREA REGISTERED HIGHEST SHARE OF PATENTS, 2013–2023           95

TABLE 20           LIST OF MAJOR PATENTS IN METAL RECYCLING MARKET, 2022–2023          96

6.13       PRICING ANALYSIS        100

6.13.1    AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE     100

TABLE 21           AVERAGE SELLING PRICE OF KEY PLAYERS, BY TYPE (USD/TON)       100

6.13.2    AVERAGE SELLING PRICE, BY REGION  100

FIGURE 30         AVERAGE SELLING PRICE FOR FERROUS METALS, BY REGION (USD/TON)       101

TABLE 22           AVERAGE SELLING PRICE OF KEY PLAYERS FOR FERROUS METALS, BY REGION, 2023–2029 (USD/TON)      101

FIGURE 31         AVERAGE SELLING PRICE FOR NONFERROUS METALS, BY REGION (USD/TON)     101

TABLE 23           AVERAGE SELLING PRICE OF KEY PLAYERS FOR NONFERROUS METALS, BY REGION, 2023–2029 (USD/TON)      102

6.13.3    INVESTMENT LANDSCAPE AND FUNDING SCENARIO   102

FIGURE 32         INVESTOR DEALS AND FUNDING IN METAL RECYCLING SOARED IN 2023             102

7            METAL RECYCLING MARKET, BY EQUIPMENT USED     103

7.1         INTRODUCTION            103

7.2         SHREDDER       103

7.2.1      MOST WIDELY USED EQUIPMENT IN METAL RECYCLING INDUSTRY              103

7.3         SHEARING         104

7.3.1      RISE IN INTEGRATION AND AUTOMATION TECHNOLOGY TO AUGMENT DEMAND FOR SHEARING EQUIPMENT         104

7.4         GRANULATION MACHINE         104

7.4.1      GRANULATION USED TO REDUCE WASTE AND PROMOTE SUSTAINABILITY           104

7.5         BRIQUETTING MACHINE           105

7.5.1      NEED FOR COST SAVINGS AND ENHANCED EFFICIENCY TO DRIVE DEMAND           105

8            METAL RECYCLING MARKET, BY SCRAP TYPE   106

8.1         INTRODUCTION            107

FIGURE 33         OLD SCRAP SEGMENT TO DOMINATE OVERALL MARKET DURING FORECAST PERIOD     107

TABLE 24           METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)          108

TABLE 25           METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)          108

TABLE 26           METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)             108

TABLE 27           METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)             108

8.2         OLD SCRAP       109

8.2.1      OLD SCRAP SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD       109

8.3         NEW SCRAP       110

8.3.1      AUTOMOTIVE INDUSTRY TO FUEL GROWTH OF NEW SCRAP SEGMENT         110

9            METAL RECYCLING MARKET, BY TYPE 111

9.1         INTRODUCTION            112

FIGURE 34         FERROUS METALS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       112

TABLE 28           METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          113

TABLE 29           METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          113

TABLE 30           METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)    113

TABLE 31           METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)    113

9.2         FERROUS METALS         114

9.2.1      INCREASING SCRAP CONSUMPTION AND RECYCLING RATES TO PROPEL DEMAND         114

9.3         NON-FERROUS METALS             115

9.3.1      INCREASING DEMAND FOR NON-FERROUS METALS TO DRIVE MARKET            115

10          METAL RECYCLING MARKET, BY END-USE INDUSTRY  116

10.1       INTRODUCTION            117

FIGURE 35         BUILDING & CONSTRUCTION TO BE LARGEST END USER IN METAL RECYCLING MARKET    117

TABLE 32           METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)     118

TABLE 33           METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)     118

TABLE 34           METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (MILLION TON)     118

TABLE 35           METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (MILLION TON)     119

10.2       BUILDING & CONSTRUCTION   119

10.2.1    INTEGRATING RECYCLED STEEL IN CONSTRUCTION TO DRIVE MARKET            119

10.3       AUTOMOTIVE  120

10.3.1    INCREASE IN ADOPTION OF ELECTRIC VEHICLES AND AUTOMAKERS’ FOCUS ON SUSTAINABILITY TO BOOST MARKET           120

10.4       EQUIPMENT MANUFACTURING             120

10.4.1    ADOPTION OF EXTENDED PRODUCER RESPONSIBILITY (EPR) PROGRAMS TO DRIVE MARKET 120

10.5       SHIPBUILDING 121

10.5.1    ENVIRONMENTAL RESPONSIBILITY IN SHIPBUILDING INDUSTRY TO SUPPORT MARKET GROWTH    121

10.6       PACKAGING     121

10.6.1    IMPLEMENTATION OF MORE STRINGENT REGULATIONS BY GOVERNMENTS TO FUEL GROWTH      121

10.7       CONSUMER APPLIANCES           122

10.7.1    INNOVATIONS IN RECYCLING TECHNOLOGIES TO SUPPORT MARKET GROWTH          122

10.8       OTHER END-USE INDUSTRIES  122

11          METAL RECYCLING MARKET, BY REGION          123

11.1       INTRODUCTION            124

FIGURE 36         METAL RECYCLING MARKET GROWTH, BY COUNTRY (2024–2029)    124

TABLE 36           METAL RECYCLING MARKET, BY REGION, 2019–2021 (USD MILLION)          125

TABLE 37           METAL RECYCLING MARKET, BY REGION, 2022–2029 (USD MILLION)          125

TABLE 38           METAL RECYCLING MARKET, BY REGION, 2019–2021 (MILLION TON)    125

TABLE 39           METAL RECYCLING MARKET, BY REGION, 2022–2029 (MILLION TON)    126

11.2       ASIA PACIFIC    126

11.2.1    RECESSION IMPACT      126

FIGURE 37         ASIA PACIFIC: METAL RECYCLING MARKET SNAPSHOT 127

TABLE 40           ASIA PACIFIC: METAL RECYCLING MARKET, BY COUNTRY, 2019–2021 (USD MILLION)          127

TABLE 41           ASIA PACIFIC: METAL RECYCLING MARKET, BY COUNTRY, 2022–2029 (USD MILLION)          128

TABLE 42           ASIA PACIFIC: METAL RECYCLING MARKET, BY COUNTRY, 2019–2021 (MILLION TON)         128

TABLE 43           ASIA PACIFIC: METAL RECYCLING MARKET, BY COUNTRY, 2022–2029 (MILLION TON)         128

TABLE 44           ASIA PACIFIC: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)     129

TABLE 45           ASIA PACIFIC: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)     129

TABLE 46           ASIA PACIFIC: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)     129

TABLE 47           ASIA PACIFIC: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)     129

TABLE 48           ASIA PACIFIC: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)          129

TABLE 49           ASIA PACIFIC: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)          130

TABLE 50           ASIA PACIFIC: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)         130

TABLE 51           ASIA PACIFIC: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)         130

TABLE 52           ASIA PACIFIC: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)   130

TABLE 53           ASIA PACIFIC: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)   131

TABLE 54           ASIA PACIFIC: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (MILLION TON)  131

TABLE 55           ASIA PACIFIC: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (MILLION TON)  132

11.2.2    CHINA  132

11.2.2.1 Strict environmental regulations and rapid industrialization to drive demand              132

TABLE 56           CHINA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          133

TABLE 57           CHINA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          133

TABLE 58           CHINA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             133

TABLE 59           CHINA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             133

TABLE 60           CHINA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     133

TABLE 61           CHINA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     134

TABLE 62           CHINA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     134

TABLE 63           CHINA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     134

11.2.3    INDIA   134

11.2.3.1 Growth in construction industry to fuel demand          134

TABLE 64           INDIA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          135

TABLE 65           INDIA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          135

TABLE 66           INDIA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             135

TABLE 67           INDIA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             135

TABLE 68           INDIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     136

TABLE 69           INDIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     136

TABLE 70           INDIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     136

TABLE 71           INDIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     136

11.2.4    JAPAN  137

11.2.4.1 Surge in automotive and electronics industries to drive growth  137

TABLE 72           JAPAN: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          137

TABLE 73           JAPAN: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          137

TABLE 74           JAPAN: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             137

TABLE 75           JAPAN: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             138

TABLE 76           JAPAN: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     138

TABLE 77           JAPAN: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     138

TABLE 78           JAPAN: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     138

TABLE 79           JAPAN: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     138

11.2.5    AUSTRALIA       139

11.2.5.1 Growing population and stable economic climate to support market growth              139

TABLE 80           AUSTRALIA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION) 139

TABLE 81           AUSTRALIA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION) 139

TABLE 82           AUSTRALIA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             139

TABLE 83           AUSTRALIA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             140

TABLE 84           AUSTRALIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)          140

TABLE 85           AUSTRALIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)          140

TABLE 86           AUSTRALIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)         140

TABLE 87           AUSTRALIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)         140

11.2.6    SOUTH KOREA 141

11.2.6.1 Growing construction and automotive industries to drive demand           141

TABLE 88           SOUTH KOREA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)     141

TABLE 89           SOUTH KOREA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)     141

TABLE 90           SOUTH KOREA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)     141

TABLE 91           SOUTH KOREA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)     142

TABLE 92           SOUTH KOREA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)          142

TABLE 93           SOUTH KOREA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)          142

TABLE 94           SOUTH KOREA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)         142

TABLE 95           SOUTH KOREA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)         142

11.2.7    REST OF ASIA PACIFIC  143

TABLE 96           REST OF ASIA PACIFIC: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          143

TABLE 97           REST OF ASIA PACIFIC: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          143

TABLE 98           REST OF ASIA PACIFIC: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)         143

TABLE 99           REST OF ASIA PACIFIC: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)         143

TABLE 100         REST OF ASIA PACIFIC: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)             144

TABLE 101         REST OF ASIA PACIFIC: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)             144

TABLE 102         REST OF ASIA PACIFIC: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)            144

TABLE 103         REST OF ASIA PACIFIC: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)            144

11.3       NORTH AMERICA          145

11.3.1    IMPACT OF RECESSION 145

TABLE 104         NORTH AMERICA: METAL RECYCLING MARKET, BY COUNTRY, 2019–2021 (USD MILLION)          145

TABLE 105         NORTH AMERICA: METAL RECYCLING MARKET, BY COUNTRY, 2022–2029 (USD MILLION)          146

TABLE 106         NORTH AMERICA: METAL RECYCLING MARKET, BY COUNTRY, 2019–2021 (MILLION TON)         146

TABLE 107         NORTH AMERICA: METAL RECYCLING MARKET, BY COUNTRY, 2022–2029 (MILLION TON)         146

TABLE 108         NORTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          146

TABLE 109         NORTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          147

TABLE 110         NORTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)         147

TABLE 111         NORTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)         147

TABLE 112         NORTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)             147

TABLE 113         NORTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)             148

TABLE 114         NORTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)            148

TABLE 115         NORTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)            148

TABLE 116         NORTH AMERICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)   148

TABLE 117         NORTH AMERICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)   149

TABLE 118         NORTH AMERICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (MILLION TON)  149

TABLE 119         NORTH AMERICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (MILLION TON)  150

11.3.2    US         150

11.3.2.1 Growing construction sector to drive market  150

TABLE 120         US: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          151

TABLE 121         US: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          151

TABLE 122         US: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             151

TABLE 123         US: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             151

TABLE 124         US: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION) 152

TABLE 125         US: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION) 152

TABLE 126         US: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)             152

TABLE 127         US: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)             152

11.3.3    CANADA            153

11.3.3.1 Increasing electric vehicle adoption and environmental regulations to propel market   153

TABLE 128         CANADA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION) 153

TABLE 129         CANADA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION) 153

TABLE 130         CANADA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             154

TABLE 131         CANADA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             154

TABLE 132         CANADA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     154

TABLE 133         CANADA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     154

TABLE 134         CANADA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     154

TABLE 135         CANADA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     155

11.3.4    MEXICO             155

11.3.4.1 Mexico’s Green Building initiatives to fuel market growth          155

TABLE 136         MEXICO: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION) 155

TABLE 137         MEXICO: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION) 156

TABLE 138         MEXICO: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             156

TABLE 139         MEXICO: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             156

TABLE 140         MEXICO: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     156

TABLE 141         MEXICO: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     156

TABLE 142         MEXICO: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     157

TABLE 143         MEXICO: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     157

11.4       EUROPE             157

11.4.1    IMPACT OF RECESSION 158

FIGURE 38         EUROPE: METAL RECYCLING MARKET SNAPSHOT        158

TABLE 144         EUROPE: METAL RECYCLING MARKET, BY COUNTRY, 2019–2021 (USD MILLION)     159

TABLE 145         EUROPE: METAL RECYCLING MARKET, BY COUNTRY, 2022–2029 (USD MILLION)     159

TABLE 146         EUROPE: METAL RECYCLING MARKET, BY COUNTRY, 2019–2021 (MILLION TON)     160

TABLE 147         EUROPE: METAL RECYCLING MARKET, BY COUNTRY, 2022–2029 (MILLION TON)     160

TABLE 148         EUROPE: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION) 160

TABLE 149         EUROPE: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION) 161

TABLE 150         EUROPE: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             161

TABLE 151         EUROPE: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             161

TABLE 152         EUROPE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     161

TABLE 153         EUROPE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     162

TABLE 154         EUROPE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     162

TABLE 155         EUROPE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     162

TABLE 156         EUROPE: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)   162

TABLE 157         EUROPE: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)   163

TABLE 158         EUROPE: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (MILLION TON)  163

TABLE 159         EUROPE: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (MILLION TON)  164

11.4.2    GERMANY         164

11.4.2.1 Advancing circular economy and automotive sector to drive market         164

TABLE 160         GERMANY: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION) 165

TABLE 161         GERMANY: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION) 165

TABLE 162         GERMANY: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             165

TABLE 163         GERMANY: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             165

TABLE 164         GERMANY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)          165

TABLE 165         GERMANY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)          166

TABLE 166         GERMANY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)         166

TABLE 167         GERMANY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)         166

11.4.3    UK         166

11.4.3.1 Market characterized by significant export of scrap metals         166

TABLE 168         UK: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          167

TABLE 169         UK: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          167

TABLE 170         UK: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             167

TABLE 171         UK: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             167

TABLE 172         UK: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION) 168

TABLE 173         UK: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION) 168

TABLE 174         UK: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)             168

TABLE 175         UK: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)             168

11.4.4    FRANCE             169

11.4.4.1 Growing construction industry to drive market growth 169

TABLE 176         FRANCE: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION) 169

TABLE 177         FRANCE: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION) 169

TABLE 178         FRANCE: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             170

TABLE 179         FRANCE: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             170

TABLE 180         FRANCE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     170

TABLE 181         FRANCE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     170

TABLE 182         FRANCE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     170

TABLE 183         FRANCE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     171

11.4.5    ITALY   171

11.4.5.1 Growing automotive sector to fuel market growth        171

TABLE 184         ITALY: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          171

TABLE 185         ITALY: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          172

TABLE 186         ITALY: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             172

TABLE 187         ITALY: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             172

TABLE 188         ITALY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     172

TABLE 189         ITALY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     173

TABLE 190         ITALY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     173

TABLE 191         ITALY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     173

11.4.6    RUSSIA 173

11.4.6.1 Industrial strength and environmental commitment to fuel market growth              173

TABLE 192         RUSSIA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          174

TABLE 193         RUSSIA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          174

TABLE 194         RUSSIA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             174

TABLE 195         RUSSIA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             174

TABLE 196         RUSSIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     175

TABLE 197         RUSSIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     175

TABLE 198         RUSSIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     175

TABLE 199         RUSSIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     175

11.4.7    SPAIN   176

11.4.7.1 Presence of strong industrial sector to support market growth   176

TABLE 200         SPAIN: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          176

TABLE 201         SPAIN: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          176

TABLE 202         SPAIN: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             176

TABLE 203         SPAIN: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             177

TABLE 204         SPAIN: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     177

TABLE 205         SPAIN: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     177

TABLE 206         SPAIN: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     177

TABLE 207         SPAIN: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     177

11.4.8    TURKEY             178

11.4.8.1 Flourishing steel industry to drive metal recycling        178

TABLE 208         TURKEY: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION) 178

TABLE 209         TURKEY: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION) 178

TABLE 210         TURKEY: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             179

TABLE 211         TURKEY: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             179

TABLE 212         TURKEY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     179

TABLE 213         TURKEY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     179

TABLE 214         TURKEY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     179

TABLE 215         TURKEY: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     180

11.4.9    REST OF EUROPE           180

TABLE 216         REST OF EUROPE: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          180

TABLE 217         REST OF EUROPE: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          180

TABLE 218         REST OF EUROPE: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)         181

TABLE 219         REST OF EUROPE: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)         181

TABLE 220         REST OF EUROPE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)             181

TABLE 221         REST OF EUROPE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)             181

TABLE 222         REST OF EUROPE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)            182

TABLE 223         REST OF EUROPE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)            182

11.5       MIDDLE EAST & AFRICA             182

11.5.1    RECESSION IMPACT      183

TABLE 224         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY COUNTRY, 2019–2021 (USD MILLION)    183

TABLE 225         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY COUNTRY, 2022–2029 (USD MILLION)    183

TABLE 226         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY COUNTRY, 2019–2021 (MILLION TON)   184

TABLE 227         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY COUNTRY, 2022–2029 (MILLION TON)   184

TABLE 228         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)             184

TABLE 229         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)             185

TABLE 230         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)            185

TABLE 231         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)            185

TABLE 232         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION) 185

TABLE 233         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION) 186

TABLE 234         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)             186

TABLE 235         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)             186

TABLE 236         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION) 186

TABLE 237         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION) 187

TABLE 238         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (MILLION TON)             187

TABLE 239         MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (MILLION TON)             188

11.5.2    GCC COUNTRIES           188

TABLE 240         GCC COUNTRIES: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)     188

TABLE 241         GCC COUNTRIES: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)     188

TABLE 242         GCC COUNTRIES: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)     189

TABLE 243         GCC COUNTRIES: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)     189

TABLE 244         GCC COUNTRIES: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)             189

TABLE 245         GCC COUNTRIES: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)             189

TABLE 246         GCC COUNTRIES: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)            190

TABLE 247         GCC COUNTRIES: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)            190

11.5.2.1 Saudi Arabia        190

11.5.2.1.1            Saudi Vision 2030 to play a crucial role in driving market           190

TABLE 248         SAUDI ARABIA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)     191

TABLE 249         SAUDI ARABIA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)     191

TABLE 250         SAUDI ARABIA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)     191

TABLE 251         SAUDI ARABIA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)     191

TABLE 252         SAUDI ARABIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)          191

TABLE 253         SAUDI ARABIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)          192

TABLE 254         SAUDI ARABIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)         192

TABLE 255         SAUDI ARABIA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)         192

11.5.2.2 UAE      192

11.5.2.2.1            Rapid urbanization and infrastructure development to drive market              192

TABLE 256         UAE: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          193

TABLE 257         UAE: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          193

TABLE 258         UAE: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             193

TABLE 259         UAE: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             193

TABLE 260         UAE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION) 194

TABLE 261         UAE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION) 194

TABLE 262         UAE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)             194

TABLE 263         UAE: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)             194

11.5.2.3 Rest of GCC countries       194

TABLE 264         REST OF GCC COUNTRIES: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)             195

TABLE 265         REST OF GCC COUNTRIES: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)             195

TABLE 266         REST OF GCC COUNTRIES: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)            195

TABLE 267         REST OF GCC COUNTRIES: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)            195

TABLE 268         REST OF GCC COUNTRIES: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION) 196

TABLE 269         REST OF GCC COUNTRIES: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION) 196

TABLE 270         REST OF GCC COUNTRIES: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)             196

TABLE 271         REST OF GCC COUNTRIES: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)             196

11.5.3    SOUTH AFRICA 197

11.5.3.1 Government initiatives to support growth of metal recycling market        197

TABLE 272         SOUTH AFRICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)     197

TABLE 273         SOUTH AFRICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)     197

TABLE 274         SOUTH AFRICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)     198

TABLE 275         SOUTH AFRICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)     198

TABLE 276         SOUTH AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)          198

TABLE 277         SOUTH AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)          198

TABLE 278         SOUTH AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)         198

TABLE 279         SOUTH AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)         199

11.5.4    REST OF MIDDLE EAST & AFRICA           199

TABLE 280        REST OF MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)       199

TABLE 281        REST OF MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)       200

TABLE 282        REST OF MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)      200

TABLE 283        REST OF MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)      200

TABLE 284        REST OF MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)        200

TABLE 285        REST OF MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)        201

TABLE 286        REST OF MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)        201

TABLE 287        REST OF MIDDLE EAST & AFRICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)        201

11.6       SOUTH AMERICA           201

11.6.1    IMPACT OF RECESSION 202

TABLE 288         SOUTH AMERICA: METAL RECYCLING MARKET, BY COUNTRY, 2019–2021 (USD MILLION)          202

TABLE 289         SOUTH AMERICA: METAL RECYCLING MARKET, BY COUNTRY, 2022–2029 (USD MILLION)          202

TABLE 290         SOUTH AMERICA: METAL RECYCLING MARKET, BY COUNTRY, 2019–2021 (MILLION TON)         203

TABLE 291         SOUTH AMERICA: METAL RECYCLING MARKET, BY COUNTRY, 2022–2029 (MILLION TON)         203

TABLE 292         SOUTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)          203

TABLE 293         SOUTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)          203

TABLE 294         SOUTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)         204

TABLE 295         SOUTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)         204

TABLE 296         SOUTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)             204

TABLE 297         SOUTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)             204

TABLE 298         SOUTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)            205

TABLE 299         SOUTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)            205

TABLE 300         SOUTH AMERICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (USD MILLION)   205

TABLE 301         SOUTH AMERICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)   206

TABLE 302         SOUTH AMERICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2019–2021 (MILLION TON)  206

TABLE 303         SOUTH AMERICA: METAL RECYCLING MARKET, BY END-USE INDUSTRY, 2022–2029 (MILLION TON)  207

11.6.2    BRAZIL 207

11.6.2.1 Growing consumer electronics industry to augment market growth          207

TABLE 304         BRAZIL: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION) 207

TABLE 305         BRAZIL: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION) 208

TABLE 306         BRAZIL: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             208

TABLE 307         BRAZIL: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             208

TABLE 308         BRAZIL: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)     208

TABLE 309         BRAZIL: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)     209

TABLE 310         BRAZIL: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)     209

TABLE 311         BRAZIL: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)     209

11.6.3    ARGENTINA      209

11.6.3.1 Government support and automotive industry growth to propel demand 209

TABLE 312         ARGENTINA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION) 210

TABLE 313         ARGENTINA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION) 210

TABLE 314         ARGENTINA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)             210

TABLE 315         ARGENTINA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)             210

TABLE 316         ARGENTINA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION)          211

TABLE 317         ARGENTINA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION)          211

TABLE 318         ARGENTINA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)         211

TABLE 319         ARGENTINA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)         211

11.6.4    REST OF SOUTH AMERICA         212

TABLE 320         REST OF SOUTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (USD MILLION)             212

TABLE 321         REST OF SOUTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (USD MILLION)             212

TABLE 322         REST OF SOUTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2019–2021 (MILLION TON)            212

TABLE 323         REST OF SOUTH AMERICA: METAL RECYCLING MARKET, BY TYPE, 2022–2029 (MILLION TON)            213

TABLE 324         REST OF SOUTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (USD MILLION) 213

TABLE 325         REST OF SOUTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (USD MILLION) 213

TABLE 326         REST OF SOUTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2019–2021 (MILLION TON)             213

TABLE 327         REST OF SOUTH AMERICA: METAL RECYCLING MARKET, BY SCRAP TYPE, 2022–2029 (MILLION TON)             214

12          COMPETITIVE LANDSCAPE       215

12.1       OVERVIEW        215

12.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          215

TABLE 328         OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN METAL RECYCLING MARKET    215

12.3       REVENUE ANALYSIS      216

FIGURE 39         REVENUE ANALYSIS OF KEY PLAYERS (2019−2023)        216

12.4       MARKET SHARE ANALYSIS         216

FIGURE 40         ARCELORMITTAL LED METAL RECYCLING MARKET IN 2023              217

TABLE 329         METAL RECYCLING MARKE: DEGREE OF COMPETITION              217

12.5       MARKET RANKING ANALYSIS   218

FIGURE 41         RANKING OF TOP 5 PLAYERS IN METAL RECYCLING MARKET              218

12.6       COMPANY VALUATION AND FINANCIAL METRICS        219

FIGURE 42         COMPANY VALUATION (USD BILLION) 220

FIGURE 43         FINANCIAL MATRIX: EV/EBITDA RATIO             220

12.7       PRODUCT/BRAND COMPARISON          221

12.8       COMPANY EVALUATION MATRIX, KEY PLAYERS            222

12.8.1    STARS  222

12.8.2    EMERGING LEADERS    222

12.8.3    PERVASIVE PLAYERS     222

12.8.4    PARTICIPANTS 222

FIGURE 44         METAL RECYCLING MARKET: COMPANY EVALUATION MATRIX, 2023    223

12.8.5    COMPANY FOOTPRINT 224

FIGURE 45         COMPANY OVERALL FOOTPRINT (10 COMPANIES)       224

TABLE 330         COMPANY SCRAP TYPE FOOTPRINT (10 COMPANIES)  224

TABLE 331         COMPANY TYPE FOOTPRINT (10 COMPANIES) 225

TABLE 332         COMPANY END-USE INDUSTRY (10 COMPANIES)           225

TABLE 333         COMPANY REGION FOOTPRINT (10 COMPANIES)          226

12.9       COMPANY EVALUATION MATRIX, STARTUPS/SMES      226

12.9.1    PROGRESSIVE COMPANIES       226

12.9.2    RESPONSIVE COMPANIES          226

12.9.3    DYNAMIC COMPANIES 226

12.9.4    STARTING BLOCKS       227

FIGURE 46         METAL RECYCLING MARKET: STARTUP/SME EVALUATION MATRIX, 2023    227

12.10     COMPETITIVE BENCHMARKING            228

TABLE 334         METAL RECYCLING MARKET: DETAILED LIST OF KEY STARTUPS/SMES           228

TABLE 335         METAL RECYCLING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (15 COMPANIES)         229

12.11     COMPETITIVE SCENARIO          230

12.11.1  DEALS  230

TABLE 336         METAL RECYCLING MARKET: DEALS, JANUARY 2018–MAY 2024              230

12.11.2  EXPANSIONS    233

TABLE 337         METAL RECYCLING MARKET: EXPANSIONS, JANUARY 2018–MAY 2024           233

12.11.3  OTHER DEVELOPMENTS           234

TABLE 338         METAL RECYCLING MARKET: OTHER DEVELOPMENTS, JANUARY 2018–MAY 2024            234

13          COMPANY PROFILES    235

(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) *

13.1       KEY PLAYERS   235

13.1.1    ARCELORMITTAL          235

TABLE 339         ARCELORMITTAL: COMPANY OVERVIEW          235

FIGURE 47         ARCELORMITTAL: COMPANY SNAPSHOT (2023)             236

TABLE 340         ARCELORMITTAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED          236

TABLE 341         ARCELORMITTAL: DEALS, JANUARY 2018−MAY 2024     237

TABLE 342         ARCELORMITTAL: OTHER DEVELOPMENTS, JANUARY 2018−MAY 2024 238

13.1.2    NUCOR 240

TABLE 343         NUCOR: COMPANY OVERVIEW 240

FIGURE 48         NUCOR: COMPANY SNAPSHOT (2023)   240

TABLE 344         NUCOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED  241

TABLE 345         NUCOR: DEALS, JANUARY 2018−MAY 2024         242

TABLE 346         NUCOR: EXPANSIONS, JANUARY 2018−MAY 2024            242

13.1.3    CMC     245

TABLE 347         CMC: COMPANY OVERVIEW      245

FIGURE 49         CMC: COMPANY SNAPSHOT (2023)        246

TABLE 348         CMC: PRODUCTS/SOLUTIONS/SERVICES OFFERED       246

TABLE 349         CMC: DEALS, JANUARY 2018−MAY 2024 247

TABLE 350         CMC: EXPANSIONS, JANUARY 2018−MAY 2024   248

TABLE 351         CMC: OTHER DEVELOPMENTS, JANUARY 2018−MAY 2024              248

13.1.4    SIMS LIMITED  250

TABLE 352         SIMS LIMITED: COMPANY OVERVIEW   250

FIGURE 50         SIMS LIMITED: COMPANY SNAPSHOT (2022)     251

TABLE 353         SIMS LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED              251

TABLE 354         SIMS LIMITED: DEALS, JANUARY 2018−MAY 2024           252

13.1.5    AURUBIS AG     254

TABLE 355         AURUBIS AG: COMPANY OVERVIEW      254

FIGURE 51         AURUBIS AG: COMPANY SNAPSHOT (2023)        255

TABLE 356         AURUBIS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED              256

TABLE 357         AURUBIS AG: DEALS, JANUARY 2018−MAY 2024 257

TABLE 358         AURUBIS AG: EXPANSIONS, JANUARY 2018−MAY 2024   257

TABLE 359         AURUBIS AG: OTHER DEVELOPMENTS, JANUARY 2018−MAY 2024      258

13.1.6    DOWA HOLDINGS CO., LTD.     259

TABLE 360         DOWA HOLDINGS CO., LTD.: COMPANY OVERVIEW      259

FIGURE 52         DOWA HOLDINGS CO., LTD.: COMPANY SNAPSHOT (2023)              259

TABLE 361         DOWA HOLDINGS CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   260

13.1.7    TATA STEEL     261

TABLE 362         TATA STEEL: COMPANY OVERVIEW      261

FIGURE 53         TATA STEEL: COMPANY SNAPSHOT (2023)        262

TABLE 363         TATA STEEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED              262

13.1.8    RADIUS RECYCLING, INC.          264

TABLE 364         RADIUS RECYCLING, INC.: COMPANY OVERVIEW           264

TABLE 365         RADIUS RECYCLING, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          264

13.1.9    EUROPEAN METAL RECYCLING LTD.    266

TABLE 366         EUROPEAN METAL RECYCLING LTD.: COMPANY OVERVIEW              266

TABLE 367         EUROPEAN METAL RECYCLING LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   266

13.1.10  UPSTATE SHREDDING – WEITSMAN RECYCLING            268

TABLE 368         UPSTATE SHREDDING – WEITSMAN RECYCLING: COMPANY OVERVIEW        268

TABLE 369         UPSTATE SHREDDING – WEITSMAN RECYCLING: PRODUCTS/SOLUTIONS/ SERVICES OFFERED  268

*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.

13.2       OTHER PLAYERS           269

13.2.1    TOTALL METAL RECYCLING, INC.         269

13.2.2    AMERICAN IRON & METAL        270

13.2.3    TOM MARTIN & COMPANY LTD.            270

13.2.4    KUUSAKOSKI RECYCLING          271

13.2.5    REMONDIS SE & CO. KG              272

13.2.6    CHIHO ENVIRONMENTAL GROUP LIMITED      273

13.2.7    METAL EXCHANGE CORPORATION       273

13.2.8    FERROUS PROCESSING & TRADING       274

13.2.9    SA RECYCLING LLC       275

13.2.10  TMS INTERNATIONAL  276

13.2.11  HUGO NEU CORPORATION       277

13.2.12  COHEN 278

13.2.13  OMNISOURCE, LLC       279

13.2.14  METALICO, INC.             280

13.2.15  ALTER TRADING           280

14          ADJACENT & RELATED MARKET            281

14.1       INTRODUCTION            281

14.2       LIMITATIONS   281

14.2.1    SOLAR PANEL RECYCLING MARKET      281

14.2.1.1 Market definition 281

14.2.1.2 Solar panel recycling market, by process         282

TABLE 370         SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020–2023 (USD MILLION) 282

TABLE 371         SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2024–2029 (USD MILLION) 282

14.2.1.3 Solar panel recycling market, by material       283

TABLE 372         SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 283

TABLE 373         SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 283

14.2.1.4 Solar panel recycling market, by shelf life       284

TABLE 374         SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020–2023 (USD MILLION) 284

TABLE 375         SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2024–2029 (USD MILLION) 284

14.2.1.5 Solar panel recycling market, by type             284

TABLE 376         SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (USD MILLION)          285

TABLE 377         SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (USD MILLION)          285

TABLE 378         SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (MILLION PANELS)       285

TABLE 379         SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (MILLION PANELS)       285

14.2.1.6 Solar panel recycling market, by region          286

TABLE 380         SOLAR PANEL RECYCLING MARKET, BY REGION, 2020–2023 (USD MILLION) 286

TABLE 381         SOLAR PANEL RECYCLING MARKET, BY REGION, 2024–2029 (USD MILLION) 286

TABLE 382         SOLAR PANEL RECYCLING MARKET, BY REGION, 2020–2023 (MILLION PANELS)       287

TABLE 383         SOLAR PANEL RECYCLING MARKET, BY REGION, 2024–2029 (MILLION PANELS)       287

14.2.2    RARE EARTH METALS RECYCLING MARKET      287

14.2.2.1 Market definition 287

14.2.2.2 Rare earth metals recycling market, by application       288

TABLE 384         RARE EARTH METALS RECYCLING MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)           288

TABLE 385         RARE EARTH METALS RECYCLING MARKET SIZE, BY APPLICATION, 2019–2026 (METRIC TON)            288

14.2.2.3 Rare earth metals recycling market, by source 289

TABLE 386         RARE EARTH METALS RECYCLING MARKET SIZE, BY SOURCE, 2019–2026 (USD MILLION)          289

TABLE 387         RARE EARTH METALS RECYCLING MARKET SIZE, BY SOURCE, 2019–2026 (METRIC TON)           289

14.2.2.4 Rare earth metals recycling market, by technology       289

TABLE 388         RARE EARTH METALS RECYCLING MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)          290

TABLE 389         RARE EARTH METALS RECYCLING MARKET SIZE, BY TECHNOLOGY, 2019–2026 (METRIC TON)           290

14.2.2.5 Rare earth metals recycling market, by region 290

TABLE 390         GLOBAL RARE EARTH METALS RECYCLING MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)       290

TABLE 391         GLOBAL RARE EARTH METALS RECYCLING MARKET SIZE, BY REGION, 2019–2026 (METRIC TON)         291

15          APPENDIX         292

15.1       DISCUSSION GUIDE      292

15.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             295

15.3       CUSTOMIZATION OPTIONS      297

15.4       RELATED REPORTS       297

15.5       AUTHOR DETAILS         298


[プレスリリース]

Metal Recycling Market worth $767.9 billion by 2029

The report “Metal Recycling Market by Type (Ferrous Metals, Non-Ferrous Metals), Scrap Type (Old Scrap, New Scrap), Equipment Used (Shredder, Shear, Granulation Machine, Briquetting Machine), End-Use Industry, and Region – Global Forecast to 2029”, size is projected to grow from USD  551.9 billion in 2024 and is projected to reach USD 767.9 Billion by 2029, at a CAGR of 6.8%. The market is expected to grow alongside the expanding demand from various end-users of metal recycling worldwide. The increased use of recycled metal in sectors such as building and construction, shipbuilding, equipment manufacturing, and consumer appliances is anticipated to drive market growth during the forecast period. The Asia Pacific region, particularly China, is the fastest-growing market for metal recycling due to its high production and consumption rates. China’s extensive manufacturing sector generates significant amounts of metal scrap, fueling the growth of the recycling industry.

Browse 391 market data Tables and 53 Figures spread through 298 Pages and in-depth TOC on “Metal Recycling Market by Type (Ferrous Metals, Non-Ferrous Metals), Scrap Type (Old Scrap, New Scrap), Equipment Used (Shredder, Shear, Granulation Machine, Briquetting Machine), End-Use Industry, and Region – Global Forecast to 2029”

Ferrous Metals type segment accounted for the highest CAGR by volume during the forecast period.

Ferrous metals, primarily containing iron, include steel, carbon steel, alloy steel, cast iron, and wrought iron. Known for their magnetic properties and high tensile strength, they are essential in construction of structural frameworks, bridges, and reinforcement bars, in the automotive industry for car bodies and engines, and in industrial machinery and tools. Recycling ferrous metals involves collecting scrap from construction, demolition, automotive, and manufacturing sectors. This process conserves natural resources and reduces energy consumption and greenhouse gas emissions compared to producing new metals.

Automotive end-use industry segment accounted for the second highest CAGR by value during the forecast period

The rise in electric vehicle (EV) adoption and the automotive industry’s focus on sustainability are major factors driving the metal recycling market. EVs require significant amounts of metals like steel, aluminum, and copper for batteries, motors, and body structures. As demand for EVs increases, recycling these metals from end-of-life vehicles and manufacturing scrap becomes crucial to meet this need sustainably. According to the Institute of Scrap Recycling Industries, the increase in the adoption of electric vehicles (EVs) has been remarkable, with 670,000 EVs sold in the first half of 2023. This will have a significant impact on the automotive end-use sector in the metal recycling market. Automakers are also prioritizing sustainability to reduce their environmental impact. This involves using recycled materials in vehicle production to conserve resources and decrease greenhouse gas emissions. By incorporating recycled metals, automakers can cut down on the energy consumption and pollution linked to extracting and processing new metals. This commitment to sustainability fuels the demand for recycled metals and encourages advancements in recycling processes and technologies. Hence, the growth of electric vehicles and the automotive industry’s sustainability efforts enhance the metal recycling market by maintaining a steady demand for recycled metals, promoting environmental benefits, and supporting the circular economy.

Europe is projected to be the second largest region in terms of value during the forecast period.

The metal recycling market in Europe is driven by several key factors. Stringent environmental regulations and EU policies aim to reduce waste and promote recycling, compelling industries to adopt sustainable practices. These regulations include directives on waste management and recycling targets that encourage metal recycling. There is a growing emphasis on sustainability and the circular economy across Europe. Increasing environmental awareness among businesses and consumers boosts the demand for recycled metals, highlighting the benefits of conserving resources, reducing energy consumption, and lowering greenhouse gas emissions. Advancements in recycling technologies have enhanced the efficiency and effectiveness of metal recycling processes, making it easier to recover high-quality metals from scrap and encouraging recycling activities. Additionally, Europe’s robust industrial and manufacturing sectors, including automotive, construction, and machinery industries, generate substantial metal scrap, which is recycled to produce new products. Recycling metals is often more cost-effective than mining and processing new ores, providing financial incentives for businesses to engage in recycling. Overall, the combination of strict environmental regulations, a focus on sustainability, technological advancements, industrial demand, and economic benefits drives the metal recycling market in Europe.

Key players

Major companies such as ArcelorMittal (Luxembourg),  Nucor (US), CMC (US), Sims Limited (Australia), Aurubis AG (Germany), Dowa Holdings Co., Ltd. (Japan), Tata Steel (India), Radius Recycling, Inc. (US),  European Metal Recycling Ltd. (UK), and  Upstate Shredding – Weitsman Recycling (US) and other leading companies in this market.