Global Scrap Metal Recycling Market Insights and Forecast to 2028

Scrap Metal Recycling Market

Scrap Metals are able to be recycled, with steel being one of the most recycled materials in the world. Ferrous metals contain an appreciable percentage of iron and the addition of carbon and other substances creates steel.

The global Scrap Metal Recycling market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.

Fully considering the economic change by this health crisis, Heavy Melting Steel accounting for % of the Scrap Metal Recycling global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Building & Construction segment is altered to an % CAGR throughout this forecast period.

China Scrap Metal Recycling market size is valued at US$ million in 2021, while the North America and Europe Scrap Metal Recycling are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Scrap Metal Recycling landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Scrap Metal Recycling market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Scrap Metal Recycling market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Scrap Metal Recycling market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Scrap Metal Recycling market.

Scrap Metal Recycling market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Scrap Metal Recycling market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

By Type

• Heavy Melting Steel
• Old Car Bodies
• Cast Iron
• Pressing Steel
• Manganese Steel
• Rails

By Application

• Building & Construction
• Automotive
• Electrical & Electronics
• Industrial Machinery
• Others

By Company

• OmniSource Corp.
• Metal Management Inc.
• Tube City
• Hugo Neu Corp.
• Ferrous Processing & Trading Co.(FTP)
• Schnitzer Steel Products
• PSC Metals
• David J. Joseph Co.(DJJ)
• AMG Resources Corp.
• Commercial Metals Co.(CMC)
• Simsmetal America
• Alter Scrap Processing
• Joseph Behr & Sons Inc.
• Camden Iron & Metal Inc.
• Mervis Industries
• Galamba Metals Group
• American Iron & Metal
• American Iron & Metal Co

By Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA