TMR says Automotive to become Key Target Segment of Companies in Recycled Metal Market by 2024

Transparency Market
Research
Recycled Metal Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2016 - 2024
Published Date
08-July-2016
202 Page Report
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Press Release
TMR says Automotive to become Key Target Segment of
Companies in Recycled Metal Market by 2024 : TMR
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Recycled Metal Market
REPORT DESCRIPTION
Recycled Metal Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024
Transparency Market Research has published a new report titled “Recycled Metal (Ferrous, Non-ferrous,
and Others) Market for Building & Construction, Automotive, Electrical & Electronics, Shipbuilding,
Industrial Machinery, and Other End-users – Global Industry Analysis, Size, Share, Growth, Trends,
and Forecast, 2016–2024.” According to the report, the global market for recycled metal was valued at US$
312.90 Bn in 2015 and is anticipated to reach US$ 476.23 Bn by 2024, expanding at a CAGR of 4.8% between
2016 and 2024.
Recycled metals can be produced from scrap in an energy efficient way through metal recycling. Scrap
collected from end-of-life vehicles, machineries, electrical and electronic devices, and construction materials
can be reused through further processing to produce metals. Recycling of scrap eliminates the need for further
mining and thus helps lower the dependence on natural resources. Furthermore, recycling enables utilization
of scrap generated from discarded materials. Collected scrap is sorted and then distributed for shearing to
reduce the size. The scrap then undergoes baling, shredding, and separation to recycle metals. Recycled
metals are widely used in various end-user industries such as building & construction, automotive, electrical &
electronics, shipbuilding, industrial machinery, and household appliances.
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Several metals such as ferrous, non-ferrous, and precious metals can be recycled. Iron and steel are the most
commonly recycled ferrous metal used for industrial purposes. Recycling of iron and steel is projected to
increase significantly to meet the rising demand for steel in various end-user industries. Non-ferrous metals
such as aluminum, copper, zinc, nickel, lead, and tin have been accounting for significant share of the global
recycled metal industry since the last few years. Demand for recycled non-ferrous metals is estimated to rise
significantly during the forecast period. Demand for low cost, light weight metals with improved mechanical
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Recycled Metal Market
features in automotive and building & construction is likely to boost the market for recycled aluminum in the
next few years. Furthermore, demand for other precious metals such as gold, silver, and palladium is expected
to increase during the forecast period owing to the substantial growth of end-user industries.
Rising environmental awareness and supportive governmental policies in developed and developing countries
have positively impacted the global recycled metal market in the next few years. Extraction of metals from
scrap through recycling entails minimum consumption of energy. Furthermore, it reduces the release of
polluting gases such as CO2 and SO2. Thus, energy efficiency coupled with lower environmental footprint is
anticipated to propel the recycled metal market in the next few years. However, issues related to scrap
collection, metal theft, absence of regulatory laws, and low consumer awareness are projected to hamper
market growth. Significant rise in generation of waste from electrical & electronics industry is likely to boost the
recycled metal market during the forecast period.
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Asia Pacific dominated the global recycled metal market in 2015. Economic development coupled with growth
in GDP in developing countries of the region such as India, China, countries in Southeast Asia, and South
Korea has augmented the transportation and infrastructure industries. Significant growth of building &
construction and automotive industries in these countries has been propelling the demand for several ferrous
and non-ferrous metals since the last few years. This, in turn, is estimated to fuel the recycled metal market in
Asia Pacific in the next few years. The recycled metal market in Middle East & Africa is expected to witness
significant growth during the forecast period. Infrastructure development and rapid urbanization in GCC
countries and South Africa are anticipated to accelerate the recycled metal market in Middle East & Africa in
the next few years. Europe accounted for the second-largest share of the recycled metal market in 2015.
The recycled metal market has been divided into the following segment
Recycled Metal Market – Product Segment Analysis
•
Ferrous
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Recycled Metal Market
•
Non-ferrous
•
Others (Including Precious Metals, etc.)
Recycled Metal Market – End-user Analysis
•
Building & Construction
•
Automotive
•
Electrical & Electronics
•
Shipbuilding
•
Industrial Machinery
•
Others (Including Household Appliances, etc.)
Recycled Metal Market – Regional Analysis
North America
•
U.S.
•
Rest of North America
Europe
•
Germany
•
France
•
U.K.
•
Italy
•
Spain
•
Rest of Europe
Asia Pacific
•
China
•
India
•
ASEAN
•
Rest of Asia Pacific
Latin America
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Recycled Metal Market
•
Brazil
•
Rest of Latin America
Middle East & Africa
•
GCC
•
South Africa
•
Rest of Middle East & Africa
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TABLE OF CONTENT
1 Preface
1.1. Report Description
1.2. Market Segmentation
1.3. Research Scope
1.4. Research Methodology
1.5. Assumptions
2. Executive Summary
2.1. Global Recycled Metal Market, Volume and Revenue, (Kilo Tons) (US$ Mn), 2015–2024
2.2. Market Snapshot
3. Industry Analysis
3.1. Introduction
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Recycled Metal Market
3.2. Value Chain Analysis
3.3. Market Dynamics
3.3.1. Driver - Energy Efficiency Coupled With Lower Greenhouse Gas Emission
3.3.2. Restraint - Issues Regarding Scrap Metal Collection Coupled With Lack Oo Consumer Awareness
in Developing Countries
3.3.3. Opportunity - Rise in E-Waste Generation
3.4. Porter’s Five Forces Analysis
3.5. Market Attractiveness Analysis, By End-User
3.6. Market Attractiveness Analysis, By Country
3.7. Company Market Share – Global Recycled Metal Market (% Share) (2015)
4. Raw Material and Price Trend Analysis
4.10. Manufacturing/Extraction Process
4.2. Recycled Metal Price Trends, 2015–2024 (Us$/Ton)
5. Market Segmentation – Product Segment Analysis
5.1. Global Recycled Metal Market – Product Segment Analysis
5.2. Global Ferrous Recycled Metal Market, Volume and Revenue (Kilo Tons) (US$ Mn), 2015–2024
5.3. Global Non Ferrous Recycled Metal Market, Volume and Revenue (Kilo Tons) (US$ Mn), 2015–2024
5.4. Global Other Recycled Metal Market, Volume and Revenue (Kilo Tons) (US$ Mn), 2015–2024
6. Market Segmentation – End-User Analysis
6.1. Global Recycled Metal Market – End-User Analysis
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6.2. Global Recycled Metal Market for Building & Construction, Volume and Revenue (Kilo Tons) (US$ Mn),
2015–2024
6.3. Global Recycled Metal Market for Automotive, Volume and Revenue (Kilo Tons) (US$ Mn), 2015–2024
6.4. Global Recycled Metal Market for Electrical & Electronics, Volume and Revenue (Kilo Tons) (US$ Mn),
2015–2024
6.5. Global Recycled Metal Market for Shipbuilding, Volume and Revenue (Kilo Tons) (US$ Mn), 2015–2024
6.6. Global Recycled Metal Market for Industrial Machinery, Volume and Revenue (Kilo Tons) (US$ Mn),
2015–2024
6.7. Global Recycled Metal Market for Other End-users, Volume and Revenue (Kilo Tons) (US$ Mn), 2015–
2024
7. Recycled Metal Market – Regional Analysis
7.1. Global Recycled Metal Market Snapshot
7.1.1. North America Recycled Metal Market Snapshot
7.1.1.1. North America Recycled Metal Market – Product Segment Analysis, Volume and Revenue
(Kilo Tons) (US$ Mn), 2015-2024
7.1.1.2. North America Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo
Tons) (US$ Mn), 2015-2024
7.1.1.3. U.S. Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons)
(US$ Mn), 2015-2024
7.1.1.4. U.S. Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$
Mn), 2015-2024
7.1.1.5. Rest of North America Recycled Metal Market – Product Segment Analysis, Volume and
Revenue (Kilo Tons) (US$ Mn), 2015-2024
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Recycled Metal Market
7.1.1.6. Rest of North America Recycled Metal Market – End-User Analysis, Volume and Revenue
(Kilo Tons) (US$ Mn), 2015-2024
7.2. Europe Recycled Metal Market Snapshot
7.2.1. Europe Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons)
(US$ Mn), 2015-2024
7.2.2. Europe Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
7.2.3. Germany Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons)
(US$ Mn), 2015-2024
7.2.4. Germany Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
7.2.5. France Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons)
(US$ Mn), 2015-2024
7.2.6. France Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
7.2.7. U.K. Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$
Mn), 2015-2024
7.2.8. U.K. Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
7.2.9. Italy Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$
Mn), 2015-2024
7.2.10. Italy Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
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Recycled Metal Market
7.2.11. Spain Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons)
(US$ Mn), 2015-2024
7.2.12. Spain Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
7.2.13. Rest of Europe Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo
Tons) (US$ Mn), 2015-2024
7.2.14. Rest of Europe Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons)
(US$ Mn), 2015-2024
7.3. Asia Pacific Recycled Metal Market Snapshot
7.3.1. Asia Pacific Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons)
(US$ Mn), 2015-2024
7.3.2. Asia Pacific Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$
Mn), 2015-2024
7.3.3. China Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$
Mn), 2015-2024
7.3.4. China Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
7.3.5. India Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$
Mn), 2015-2024
7.3.6. India Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
7.3.7. ASEAN Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons)
(US$ Mn), 2015-2024
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7.3.8. ASEAN Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
7.3.9. Rest of Asia Pacific Recycled Metal Market – Product Segment Analysis, Volume and Revenue
(Kilo Tons) (US$ Mn), 2015-2024
7.3.10. Rest of Asia Pacific Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo
Tons) (US$ Mn), 2015-2024
7.4. Latin America Recycled Metal Market Snapshot
7.4.1. Latin America Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo
Tons) (US$ Mn), 2015-2024
7.4.2. Latin America Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$
Mn), 2015-2024
7.4.3. Brazil Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$
Mn), 2015-2024
7.4.4. Brazil Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
7.4.5. Rest of Latin America Recycled Metal Market – Product Segment Analysis, Volume and Revenue
(Kilo Tons) (US$ Mn), 2015-2024
7.4.6. Rest of Latin America Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo
Tons) (US$ Mn), 2015-2024
7.5. Middle East & Africa Recycled Metal Market Snapshot
7.5.1. Middle East & Africa Recycled Metal Market – Product Segment Analysis, Volume and Revenue
(Kilo Tons) (US$ Mn), 2015-2024
7.5.2. Middle East & Africa Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons)
(US$ Mn), 2015-2024
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Recycled Metal Market
7.5.3. GCC Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$
Mn), 2015-2024
7.5.4. GCC Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$ Mn),
2015-2024
7.5.5. South Africa Recycled Metal Market – Product Segment Analysis, Volume and Revenue (Kilo Tons)
(US$ Mn), 2015-2024
7.5.6. South Africa Recycled Metal Market – End-User Analysis, Volume and Revenue (Kilo Tons) (US$
Mn), 2015-2024
7.5.7. Rest of Middle East & Africa Recycled Metal Market – Product Segment Analysis, Volume and
Revenue (Kilo Tons) (US$ Mn), 2015-2024
7.5.8. Rest of Middle East & Africa Recycled Metal Market – End-User Analysis, Volume and Revenue
(Kilo Tons) (US$ Mn), 2015-2024
8. Company Profiles
8.1. Aaron Metals
8.2. BASF SE
8.3. Century Recycled Metal Pvt. Ltd.
8.4. Commercial Metals Company
8.5. European Recycled Metal
8.6. Globe Recycled Metal
8.7. Kuusakoski Group Oy
8.8. Omnisource Corporation
8.9. SA Recycling Llc
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Recycled Metal Market
8.10. Schnitzer Steel Industries, Inc.
8.11. Sims Metal Management Ltd.
8.12. Nucor Corporation
8.13. Umicore N.V.
9. Primary Research – Key Findings
10. List of Key Customers
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Recycled Metal Market
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Transparency Market Research has published a new report titled “Recycled Metal (Ferrous, Non-ferrous, and Others) Market for Building & Construction, Automotive, Electrical & Electronics, Shipbuilding, Industrial Machinery, and Other End-users – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024.” According to the report, the global market for recycled metal was valued at US$ 312.90 Bn in 2015 and is anticipated to reach US$ 476.23 Bn by 2024, expanding at a CAGR of 4.8% between 2016 and 2024.