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The global recycled metals market research report published by market insight reports discovers the current outlook in global and key regions from the viewpoint of Major Players, Countries, Product Types, and end industries. This report studies top players in the global market and divides the Market into several parameters.
This Recycled Metals Market research report pinpoints the competitive landscape of industries to understand the competition at the International level. This report study describes the projected growth of the global market for approaching years from 2023 to 2029. This research report has been accumulated based on static and dynamic views of the businesses.
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Top Key Players Profiled in this report are : Sims Metal Management, European Metal Recycling, Omnisource, Schnitzer Steel Industries, Baosteel, Commercial Metals, Calgary Metal Recycling, DOWA, BOMET Recycling and others.
The Global Recycled Metals Market is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2029.
Market Growth:
Governments all around the world are promoting increasing the capacity for metal production by enacting favorable legislation and offering incentives to the recycling sector. For instance, the CEPA (Comprehensive Economic Partnership Agreement) between the governments of India and the UAE was signed in May 2022. It is anticipated that this deal will make it simpler for India to import scrap from the UAE. India now produces 118 million tonnes of steel, with a goal of 300 million tonnes by 2030. Therefore, recycled metal will be crucial in accomplishing the stated goal.
This report segments the global Recycled Metals market based on the Types are:
Ferrous
Non-Ferrous
Due to their widespread use in major industrial and construction sectors, iron and steel, which are classified as ferrous metals, are the metals that are recycled the most globally. Given that they are used in virtually all major consumer products, these metals are also easily accessible for recycling.
Aluminum, Copper, Lead, and Others are the other subcategories of non-ferrous metals. Aluminum is the most recycled non-ferrous metal out of the group because of its high scrap value and cheap energy requirements. As a result, the aluminum can is the consumer good that is recycled the most globally. Silver, Gold, and Platinum are also recycled as metals, albeit in smaller amounts due to the high cost of the recycling processes.
Based on application , the global Recycled Metals market is segmented into:
Building and Construction
Automotive
Equipment Manufacturing
Shipbuilding
Consumer Appliances
Battery
Packaging
Other
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Due to its reputation as the world's largest consumer market for recycled goods, North America has the majority of the global market share. In the US, recycled materials are used in the production of about 42.1% of the crude steel. Recycled metal demand has increased as a result of the region's construction and automotive industries' enhanced productivity.
Important Features that are under offering and key highlights of the report:
– Detailed overview of the Recycled Metals market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the Recycled Metals market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Recycled Metals market performance
– Recycled Metals Market player's information to sustain and enhance their footprint
– What are the market factors that are explained in the report?
The research includes historic data from 2017 to 2022 and forecasts until 2029 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Strategic Elements from the Table of Contents of Global Recycled Metals Market:
Section 1: Recycled Metals Market Overview
Section 2: Global Recycled Metals Market Competition, Profiles/Analysis, Strategies
Section 3: Global Recycled Metals Capacity, Production, Revenue (Value) by Region (2017-2023)
Section 4: Global Recycled Metals Supply (Production), Consumption, Export, Import by Region (2017-2022)
Section 5: Global Recycled Metals Market Regional Highlights
Section 6: Industrial Chain, Sourcing Strategy, and Downstream Buyers
Section 7: Marketing Strategy Analysis, Distributors/Traders
Section 8: Market Effect Factors Analysis
Section 9: Market Decisions for the present scenario
Section 10: Global Recycled Metals Market Forecast (2023-2029)
Section 11: Case Studies
Section 12: Research Findings and Conclusion
Reasons to buy
Achieve an up-to-date understanding of the landscape of the overall Recycled Metals Market, on both a broad and granular level; this also provides a highly accessible reference which is useful in any strategic decision-making process. Benchmark key therapy areas and indications in terms of the number of Recycled Metals products and level of innovation and assess one's own strategic positioning against this backdrop. Understand the contemporary role and importance of radical and incremental innovation within the various areas and indications. Make key decisions about the role of innovation within one's own Recycled Metals
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Conclusion: At the end of Recycled Metals Market report, all the findings and estimation are given. It also includes major drivers, and opportunities along with regional analysis. Segment analysis is also providing in terms of type and application both.
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