Market Summary
Research Methodology on Metal Recycling Market
The published research report on metal recycling contains a detailed description of the global metal recycling market aspects. The research report by Market Research Future systematically studies the market through a detailed study of secondary and primary data sources. During the primary research, interviews were conducted with industry experts, stakeholders and C-level executives from the industry. The research report used other secondary sources, such as financial reports and company websites, to validate the primary information obtained from interviews.
Secondary Research:
In order to get a better understanding of the metal recycling market, extensive secondary research is conducted. Secondary data sources include annual reports, whitepapers and research reports of various organizations, press releases, industry associations and websites related to the industry, and other independent studies.
Primary Research:
Primary research is conducted to validate and learn further aspects of the metal recycling market. Semi-structured interviews were conducted with key industry personnel and stakeholders. MRFR also communicated with industry experts to get their views on the metal recycling market. The interviews were conducted over the telephone on the basis of open-ended conversations and were structured in two steps – firstly, primary views were taken from industry experts, and structured interviews were undertaken with stakeholders for comprehensive coverage.
Market Size Estimation:
To arrive at an accurate market size, a top-down and bottom-up approach was used. The market size is estimated by using a data triangulation process which involves studies of existing key players, customer feedback and vendor positioning. The data is triangulated from various sources and validated through primary research.
Data Analysis and Interpretation:
Data analysis involves the collation and validation of primary and secondary data. Market estimates and forecasts for the period 2023 to 2030 are developed based on an extensive analysis of the data obtained through primary and secondary data sources. The base year considered for the analysis is 2022, and the market is forecasted from 2023 to 2030.
Value Chain Analysis:
The value chain analysis of the metal recycling market is conducted to understand the key players involved in the supply chain; this includes suppliers, vendors, manufacturers, retailers and consumers.
Market Breakdown and Data Triangulation:
A detailed market breakdown is done to understand the metal recycling market segmentation, which includes an in-depth analysis of the usage of metal recycling services and market capacity. Also, a data triangulation process is done to arrive at an accurate market number.
Competitive Analysis:
In order to understand the competitive landscape of the global metal recycling market, a detailed study of the profiles of key players was conducted, including their product portfolio, pricing strategies and SWOT analysis. Profiles of major industry players have been included in the report to understand the competitive outlook.
Market Size & Forecast
Attribute/Metric | Details |
Market Size 2023 | USD 54200.2 million |
Market Size 2024 | USD 58800.4 million |
Market Size 2032 | USD 105100.8 million |
Compound Annual Growth Rate (CAGR) | 8.12% (2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2018 & 2020 |
Market Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Metal Type, Scrap Metal, End-User, and Region |
Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | ARCE AURUBIS AG, REAL ALLOY, ARCELOR Mittal S.A., LOR Mittal S.A, Nucor Corporation, Commercial Metal Company, NOVELIS Inc., Norton Aluminium Ltd., KUUSAKOSI, European Metal Recycling, DOWA Holdings Co. Ltd., Sims Metal Management, and Tom Martin & Co. Ltd. |
Key Market Opportunities | Rising government regulations |
Key Market Dynamics | Increasing demand for beverage cans Decreased greenhouse gas emissions |
Major Players
Market Segmentation Tab
Metal Recycling Type Outlook (USD Million, 2018-2030)
- Ferrous
- Non-ferrous
Metal Recycling Scrap Metal Outlook (USD Million, 2018-2030)
- Old Scrap
- New Scrap
Metal Recycling End User Outlook (USD Million, 2018-2030)
- Packaging
- Shipbuilding
- Automotive
- Construction
Metal Recycling Regional Outlook (USD Million, 2018-2030)
- North America Outlook (USD Million, 2018-2030)
- North America Metal Recycling by Type
- Ferrous
- Non-ferrous
- North America Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- North America Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- US Outlook (USD Million, 2018-2030)
- US Metal Recycling by Type
- Ferrous
- Non-ferrous
- US Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- US Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- CANADA Outlook (USD Million, 2018-2030)
- CANADA Metal Recycling by Type
- Ferrous
- Non-ferrous
- CANADA Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- CANADA Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Europe Outlook (USD Million, 2018-2030)
- Europe Metal Recycling by Type
- Ferrous
- Non-ferrous
- Europe Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Europe Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Germany Outlook (USD Million, 2018-2030)
- Germany Metal Recycling by Type
- Ferrous
- Non-ferrous
- Germany Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Germany Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- France Outlook (USD Million, 2018-2030)
- France Metal Recycling by Type
- Ferrous
- Non-ferrous
- France Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- France Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- UK Outlook (USD Million, 2018-2030)
- UK Metal Recycling by Type
- Ferrous
- Non-ferrous
- UK Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- UK Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- ITALY Outlook (USD Million, 2018-2030)
- ITALY Metal Recycling by Type
- Ferrous
- Non-ferrous
- ITALY Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- ITALY Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Europe Metal Recycling by Type
- North America Metal Recycling by Type
- SPAIN Outlook (USD Million, 2018-2030)
- Spain Metal Recycling by Type
- Ferrous
- Non-ferrous
- Spain Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Spain Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Rest Of Europe Outlook (USD Million, 2018-2030)
- REST OF EUROPE Metal Recycling by Type
- Ferrous
- Non-ferrous
- REST OF EUROPE Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- REST OF EUROPE Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Asia-Pacific Outlook (USD Million, 2018-2030)
- Asia-Pacific Metal Recycling by Type
- Ferrous
- Non-ferrous
- Asia-Pacific Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Asia-Pacific Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- China Outlook (USD Million, 2018-2030)
- China Metal Recycling by Type
- Ferrous
- Non-ferrous
- China Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- China Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Japan Outlook (USD Million, 2018-2030)
- Japan Metal Recycling by Type
- Ferrous
- Non-ferrous
- Japan Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Japan Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- India Outlook (USD Million, 2018-2030)
- India Metal Recycling by Type
- Ferrous
- Non-ferrous
- India Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- India Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Australia Outlook (USD Million, 2018-2030)
- Australia Metal Recycling by Type
- Ferrous
- Non-ferrous
- Australia Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Australia Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Rest of Asia-Pacific Outlook (USD Million, 2018-2030)
- Rest of Asia-Pacific Metal Recycling by Type
- Ferrous
- Non-ferrous
- Rest of Asia-Pacific Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Rest of Asia-Pacific Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Rest of the World Outlook (USD Million, 2018-2030)
- Rest of the World Metal Recycling by Type
- Ferrous
- Non-ferrous
- Rest of the World Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Rest of the World Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Rest of the World Metal Recycling by Type
- Asia-Pacific Metal Recycling by Type
- Middle East Outlook (USD Million, 2018-2030)
- Middle East Metal Recycling by Type
- Ferrous
- Non-ferrous
- Middle East Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Middle East Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Africa Outlook (USD Million, 2018-2030)
- Africa Metal Recycling by Type
- Ferrous
- Non-ferrous
- Africa Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Africa Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
- Latin America Outlook (USD Million, 2018-2030)
- Latin America Metal Recycling by Type
- Ferrous
- Non-ferrous
- Latin America Metal Recycling by Scrap Metal
- Old Scrap
- New Scrap
- Latin America Metal Recycling by End User
- Packaging
- Shipbuilding
- Automotive
- Construction
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