Transparency Market Research estimates that the global recycled metal market will exhibit a 4.1% CAGR from 2016 to 2024, rising from a valuation of US$312.9 bn in 2016 to US$476.2 bn by 2024.
Press Release GlobalRecycled Metal Market: Rising Focus on Environment Protection and Greenhouse Gas Emission Reduction to Drive Market : TMR
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Recycled Metal Market
REPORT DESCRIPTION
Recycled Metal Market (Product Segment Ferrous, Nonferrous; Enduser Building & Construction, Automotive, Electrical & Electronics, Shipbuilding, Industrial Machinery) Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024 The highly fragmented vendor landscape of theglobal recycled metal marketfeatures intense competition, a rather low degree ofprofitability, and high exit barriers owing to the high initial investment required to set up a new recycling facility, observes Transparency Market Research in a recent report. The report states that the top three vendors in the market, namely OmniSource Corporation, European Recycled Metal, and Sims Metal Management Ltd., collectivelyaccounted for a mere 14.5% of the market in 2015, with small and mediumsized regional and domestic vendors holdinga massive 78.6%. In addition to intense competition and high exit barriers, the entryof new companies in the market is also highlychallengingowingto the same factors. The high investment required at the time of settingupnew recyclingfacilities, for settingupties with suppliers of raw materials, and for installingcomplex machineries is expected to keep the threat of new entrants low in the market.
TransparencyResearch estimates that the Market global recycled metal market will exhibit a 4.1% CAGR from 2016 to 2024, rising from a valuation of US$312.9 bn in 2016 to US$476.2 bn by 2024. Request For Sample Of This Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id =11726 Ferrous Metal to Account for Massive Chunk in Revenue of Overall MarketIn terms ofproduct, recycled ferrous metals accounted for a massive 89.0% of theglobal recycled metal market. Ferrous metals such as cast iron, wrought iron, and iron alloys such as carbon steel, mild steel, and stainless steel are extensivelyacross a number of a used pplications in the manufacture of construction materials, electrical devices, vehicles, equipment, and industrial machineries. Much of the scrap obtained from sources such as discarded electronics, electrical components, end of life vehicles, and rejected machineries constitutes ferrous metals. As a result, the
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ferrous metals segment is expected to continue to account for a massive chunk of the market over the forecast period as well.
In terms ofgeography, the Asia Pacific recycled metal market is the leading contributor to the revenue of the global market and the leading producer of recycled metals in terms of volume. The region accounted for a nearly 45% of the global recycled metal market in 2015 and is expected to remain the leading regional market for recycled metals in the next few years as well, chiefly owing to the high population base and a strong industrial sector.
Browse Full Market Research Report TOC: http://www.transparencymarketresearch.com/metalrecyclingmarket.html
Focus on ReducingEnvironmental Footprint Compel Industries to Favor Recycled MetalsThe increased focus of several industries and companies operating therein on environmental sustainabilityof internal operations andprocesses is one of the keyfactors to have significantlydriven the market for recycled metal in thepast fewyears. Attempts to lower the environmental footprint and curb the emission of greenhouse gases have compelled companies and industries to shift to eco friendly, recycled, and recyclable raw materials. Using recycled raw materials, especially when it comes to metals, is highly energy and costeffective as compared to the primary production from metal ores, the latter of which entails a longwinding and environmentally taxing extraction and purification process.
Issues Surrounding Complex Scrap Metal Collection and Extraction Process to Restrain Market GrowthAlthough theproduction of metals from recyclinginvolves fewer metallurgical steps compared to the conventionalprocess of extraction from metal ores, the complexprocess of selection and collection of recyclable scrapis a bigchallenge for the market. While thepresence of multiple metals in the scrapcollected for recycling could affect thepuritythe desired metal, the im of purities contained in the recycled metal are also difficult to remove. Moreover, the lack of consumer awareness regardingthe pressing need for metal recyclinga wa as y of ensuring environmental sustenance coupled with the lack of metal recycling and collecting infrastructure in certain regions are also restraining market growth.
Browse The Press Release For Report: http://www.transparencymarketresearch.com/pressrelease/global-metal-recycling-industry.htm
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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. IndustryAnalysis 3.1. Introduction 3.2. Value Chain Analysis 3.3. Market Dynamics 3.3.1. Driver EnergyEfficiencyCoupled With Lower Greenhouse Gas Emission 3.3.2. Restraint Issues RegardingScrapMetal Collection Coupled With Lack Oo Consumer Awareness in DevelopingCountries 3.3.3. Opportunity Rise in EWaste Generation 3.4. Porter’s Five Forces Analysis 3.5. Market Attractiveness Analysis, ByEndUser 3.6. Market Attractiveness Analysis, ByCountry 3.7. CompanyMarket 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),
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2015–2024 5.4. Global Other Recycled Metal Market, Volume and Revenue (Kilo Tons) (US$ Mn), 2015–2024 6. Market Segmentation–EndUser Analysis 6.1. Global Recycled Metal Market–EndUser Analysis 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 Endusers, 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), 20152024 7.1.1.2. North America Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.1.1.3. U.S. Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.1.1.4. U.S. Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.1.1.5. Rest of North America Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.1.1.6. Rest of North America Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024
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7.2. Europe Recycled Metal Market Snapshot 7.2.1. Europe Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.2. Europe Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.3. Germany Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.4. GermanyRecycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.5. France Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.6. France Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.7. U.K. Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.8. U.K. Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.9. ItalyRecycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.10. ItalyRecycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.11. Spain Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.12. Spain Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.13. Rest of Europe Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.2.14. Rest of Europe Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.3. Asia Pacific Recycled Metal Market Snapshot 7.3.1. Asia Pacific Recycled Metal Market–Product Segment Analysis, Volume and Revenue
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(Kilo Tons) (US$ Mn), 20152024 7.3.2. Asia Pacific Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.3.3. China Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.3.4. China Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.3.5. India Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.3.6. India Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.3.7. ASEAN Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.3.8. ASEAN Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.3.9. Rest of Asia Pacific Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.3.10. Rest of Asia Pacific Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 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), 20152024 7.4.2. Latin America Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.4.3. Brazil Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.4.4. Brazil Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.4.5. Rest of Latin America Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.4.6. Rest of Latin America Recycled Metal Market–EndUser Analysis, Volume and Revenue
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(Kilo Tons) (US$ Mn), 20152024 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), 20152024 7.5.2. Middle East & Africa Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.5.3. GCC Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.5.4. GCC Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.5.5. South Africa Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.5.6. South Africa Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.5.7. Rest of Middle East & Africa Recycled Metal Market–Product Segment Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 7.5.8. Rest of Middle East & Africa Recycled Metal Market–EndUser Analysis, Volume and Revenue (Kilo Tons) (US$ Mn), 20152024 8. CompanyProfiles 8.1. Aaron Metals 8.2. BASF SE 8.3. CenturyRecycled Metal Pvt. Ltd. 8.4. Commercial Metals Company 8.5. European Recycled Metal 8.6. Globe Recycled Metal 8.7. Kuusakoski GroupOy 8.8. Omnisource Corporation 8.9. SA RecyclingLlc 8.10. Schnitzer Steel Industries, Inc. 8.11. Sims Metal Management Ltd.
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8.12. Nucor Corporation 8.13. Umicore N.V.
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