The Market Reports

Synopsis
Scrap metals collected from various sources are raw materials used in metal recycling. Scrap metals are separated and processed several times to yield recycled metals.
The global Metal Recycling market size is expected to reach US$ 386740 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Metal Recycling in various end use industries. The expanding demands from the Automotive, Building and construction, Ship building and Equipment manufacturing, are propelling Metal Recycling market. Silver (Ag), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Gold (Au) segment is estimated at % CAGR for the next seven-year period.
Metal recycling is the process of collecting, processing, and reusing or remanufacturing metal materials from various sources, such as discarded products, industrial waste, and construction materials. Recycling metals helps conserve natural resources, reduce energy consumption, and minimize environmental impacts associated with mining and metal production. Here are key aspects of metal recycling:

**1. Collection:** Metal recycling begins with the collection of scrap metal from various sources. Common sources of scrap metal include old appliances, automobiles, construction materials, industrial equipment, and consumer products. Scrap metal can also be generated during manufacturing processes as excess or defective material.

**2. Sorting and Separation:** After collection, the scrap metal is sorted and separated into different categories based on the type of metal. Commonly recycled metals include steel, aluminum, copper, brass, and various alloys. Separation is typically done using magnets, eddy current separators, and other techniques.

**3. Processing and Shredding:** Once sorted, the scrap metal is processed and prepared for recycling. This may involve shredding the metal into smaller pieces to facilitate melting and processing in the recycling facility.

**4. Melting and Purification:** The shredded metal is then melted in a furnace to remove impurities and contaminants. During the melting process, any coatings or paint on the metal are burned off, leaving behind pure metal.

**5. Alloying:** In the case of certain metals like aluminum, alloying elements may be added to achieve specific properties. Recycling facilities can adjust the alloy composition as needed to meet the desired specifications for various applications.

**6. Casting and Forming:** The molten metal is cast into ingots, billets, or other forms for further processing. These forms are then used to manufacture new products.

**7. Manufacturing:** The recycled metal is used as raw material in various industries to produce new products. Recycled steel, for example, can be used to make new cars, appliances, and construction materials. Recycled aluminum can be used for beverage cans, aircraft parts, and more.

**8. Environmental Benefits:** Metal recycling offers several environmental benefits. It reduces the need for mining and the associated environmental impacts, including habitat disruption and water pollution. It also conserves energy since recycling metal typically requires less energy than producing metal from raw materials. Recycling also helps reduce greenhouse gas emissions.

**9. Economic Benefits:** Metal recycling is not only environmentally friendly but also economically viable. It creates jobs in the collection, processing, and manufacturing sectors of the recycling industry. Additionally, recycling metals can be more cost-effective than mining and refining new metals.

**10. Conservation of Resources:** Recycling metals helps conserve finite natural resources. For example, recycling one ton of steel saves approximately 2,500 pounds of iron ore, 1,400 pounds of coal, and 120 pounds of limestone.

Overall, metal recycling is a sustainable practice that plays a vital role in reducing waste, conserving resources, and mitigating environmental impacts. It is an essential component of the circular economy, where materials are continuously reused and recycled to minimize waste and promote sustainability.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Metal Recycling, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Metal Recycling market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Metal Recycling market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Metal Recycling sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Metal Recycling covered in this report include Nucor Corporation, Commercial Metals, Aurubis, Arcelormittal, MIS Metal Management, European Metal Recycling, Tata Steel, BaoWusteel Group and Remondis, etc.
The global Metal Recycling market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nucor Corporation
Commercial Metals
Aurubis
Arcelormittal
MIS Metal Management
European Metal Recycling
Tata Steel
BaoWusteel Group
Remondis
Rethmann
Der Grüne Punkt
Global Metal Recycling market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Metal Recycling market, Segment by Type:
Silver (Ag)
Gold (Au)
Platinum Group Metals
Global Metal Recycling market, by Application
Automotive
Building and construction
Ship building
Equipment manufacturing
Packaging
Consumer appliances
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Metal Recycling companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion

Index