Global Metal Recycling Market - Industry Trends and Forecast to 2031

Análise e dimensão do mercado de reciclagem de metais

No setor automóvel, o mercado da reciclagem de metais desempenha um papel crucial nas práticas de fabrico sustentáveis. Os metais reciclados, incluindo o aço e o alumínio , são amplamente utilizados na produção de veículos, contribuindo para designs mais leves e com maior eficiência de combustível. O processo de reciclagem ajuda a reduzir a procura de metais virgens, conservando os recursos naturais e diminuindo o consumo de energia associado à extração e produção de metais. Os fabricantes automóveis dependem de metais reciclados para componentes como blocos de motores, chassis, painéis de carroçaria e rodas, permitindo processos de fabrico económicos e ecológicos.

O tamanho global do mercado de reciclagem de metais foi avaliado em 273,36 mil milhões de dólares em 2023 e deverá atingir os 505,97 mil milhões de dólares até 2031, com um CAGR de 8,00% durante o período de previsão de 2024 a 2031. Para além dos insights sobre cenários de mercado, tais como o valor do mercado, a taxa de crescimento, a segmentação, a cobertura geográfica e os grandes players, os relatórios de mercado com curadoria da Data Bridge Market Research incluem também análises especializadas aprofundadas, produção e capacidade da empresa representada geograficamente, layouts de rede de distribuidores e parceiros, análise detalhada e atualizada das tendências de preços e análise do défice da cadeia de abastecimento e da procura.

Âmbito do relatório e segmentação de mercado

Definição de mercado

A reciclagem de metais envolve a recolha, processamento e reprocessamento de diversos materiais metálicos, como o aço, o alumínio, o cobre , entre outros, com o objetivo de os converter em matérias-primas reutilizáveis ​​para o fabrico de novos produtos metálicos. Este processo ajuda a conservar os recursos naturais, reduz o consumo de energia e minimiza o impacto ambiental associado à extração e produção de metal.

Dinâmica do mercado de reciclagem de metais

Motoristas

• Grandes Preocupações Ambientais Expandem a Procura de Reciclagem de Metais

Com a crescente consciência dos impactos prejudiciais do esgotamento dos recursos, da destruição de habitats e da poluição, as partes interessadas estão a dar prioridade a soluções sustentáveis. A reciclagem de metais reduz significativamente a necessidade de atividades mineiras com utilização intensiva de recursos, conservando os habitats e ecossistemas naturais. A reciclagem de metais emite menos gases com efeito de estufa em comparação com a extracção e refinação de materiais virgens, contribuindo para os esforços de mitigação das alterações climáticas. À medida que os governos implementam regulamentos ambientais mais rigorosos e os consumidores exigem produtos ecológicos, as indústrias são obrigadas a adoptar a reciclagem de metais como uma estratégia crítica para reduzir a sua pegada ecológica e promover uma economia circular.

• Crescentes avanços tecnológicos melhoram a eficiência da reciclagem de metais

As inovações nas técnicas de classificação, processamento e refinação permitem uma separação mais eficaz dos diferentes tipos de metais dos fluxos de resíduos mistos, melhorando a qualidade e a quantidade dos materiais reciclados. A maquinaria avançada e a automação simplificam os processos de reciclagem, reduzindo os custos de mão-de-obra e aumentando as taxas de produção. Além disso, a evolução dos processos metalúrgicos permite a reciclagem de materiais cada vez mais complexos, como os resíduos eletrónicos e os metais compósitos, diversificando ainda mais as fontes de materiais recicláveis ​​e expandindo as oportunidades de mercado. O progresso tecnológico capacita a indústria de reciclagem de metais para satisfazer a crescente procura de forma sustentável, ao mesmo tempo que impulsiona o crescimento económico e a conservação ambiental.

For instance, the data from the Institute of Scrap and Recycling Industries (ISRI) underscores the significance of technological advancements in the metal recycling sector, enabling the production of "greensteel" in the U.S. As of 2022, more than 70 percent of domestically manufactured steel is derived from recycled material, reflecting the industry's embrace of sustainable practices. This trend demonstrates how innovations in metal recycling technologies have facilitated the transition towards more environmentally friendly production methods within the steel industry.

Opportunities

• High Demand for Metal Recycling due to Increase in Industrialization

As industrial activities expand globally, there is a corresponding rise in the generation of metal waste from manufacturing processes, construction projects, and product end-of-life cycles. This surge in industrial metal waste creates a substantial supply of recyclable materials for the metal recycling industry. Additionally, industrialization drives the demand for metals, leading to higher prices and incentivizing the recycling of scrap metal as a cost-effective alternative to sourcing virgin materials. Industrialization fuels both the supply of and demand for recycled metals, propelling growth in the metal recycling market.

• Surge in Investments Increases Adoption of Metal Recycling

Increased investment flows into the industry support the development and expansion of recycling infrastructure, including advanced technologies and facilities for efficient metal recovery and processing. These investments enable metal recyclers to enhance their capabilities, improve operational efficiencies, and meet growing demand from various sectors. As a result, the metal recycling market experiences sustained growth, driven by the influx of capital and the continuous modernization of the recycling sector.

Restraints/Challenges

• Growing Infrastructure Limitations Hampers the Growth of Metal Recycling

Inadequate recycling infrastructure, including collection networks, sorting facilities, and processing plants, can impede the efficient handling and recycling of scrap metal. This lack of infrastructure may result in logistical challenges, such as inefficient transportation and storage of recyclable materials, leading to increased costs and operational inefficiencies for recycling companies. Insufficient infrastructure may limit the accessibility of recycling services to some geographic regions or communities, hindering overall recycling rates and market growth potential.

• Volatility in Market Prices limits the Growth of Metal Recycling

Fluctuations in global metal prices, driven by factors such as economic conditions, geopolitical tensions, and supply-demand dynamics, can impact the profitability and stability of metal recycling operations. Recycling companies may face challenges in accurately forecasting revenue and managing costs amid unpredictable price movements. Sudden price drops can lead to reduced revenues and margins for recyclers, affecting their ability to invest in technology upgrades and expand operations. This volatility also introduces uncertainty for customers and can dampen their confidence in using recycled metals, potentially slowing market growth.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In October 2022, Schnitzer Steel's acquisition of eight metals recycling facilities from Columbus Recycling underscores the company's commitment to expanding its presence in key Southeastern states, including Mississippi, Tennessee, and Kentucky. This move enhances Schnitzer's capacity to collect, process, and supply ferrous and non-ferrous metal recycling products to meet growing market demand, particularly in the automotive and manufacturing sectors
• In July 2022, Norsk Hydro's USD 15 million investment in its Henderson facility in Kentucky highlights the company's strategic focus on sustainable practices and supply chain resilience in the aluminum sector. By upgrading the facility to produce certified recycled aluminum products, Norsk Hydro aims to cater to the automotive industry's increasing demand for eco-friendly materials, aligning with global trends toward circular economy principles and reducing environmental impact

Metal Recycling Market Scope

The market is segmented on the basis of type, scrap type, equipment and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets. 

Type

• Ferrous Metal
• Non-Ferrous Metal

Scrap Type

• Old Scrap
• New Scrap

Equipment

• Shredders
• Shears
• Granulating Machines
• Briquetting Machines

End-User

• Construction
• Automotive
• Equipment Manufacturing
• Shipbuilding
• Others

Metal Recycling Market Analysis/Insights

The market is analyzed and market size, volume information is provided by type, type, scrap type, equipment and end-user as referenced above.    

The countries covered in the market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. 

Asia-Pacific dominates the market primarily due to its significant metal production capacity. Countries such as China, Japan, and India are major contributors to this dominance, boasting extensive industrial sectors and rapid urbanization driving demand for metals. Stringent environmental regulations in the region encourage sustainable practices such as recycling, further boosting the market. The presence of established metal recycling companies and a robust infrastructure for collection, sorting, and processing of scrap metal contribute to APAC's leadership in the global metal recycling industry.

Europe is expected to experience rapid market growth due to the increasing utilization of recycled scrap for secondary metal production. This trend reflects the region's commitment to sustainability and resource efficiency, driven by stringent environmental regulations and a growing emphasis on circular economy principles. As industries across Europe prioritize the use of recycled materials, demand for scrap metal is expected to soar, fostering a robust market environment for metal recycling companies and stimulating economic growth within the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Metal Recycling Market Share Analysis

The market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the market are:

• DOWA HOLDINGS CO., LTD (Japan)
• Tata Steel (India)
• Baosteel Co., Ltd. (China)
• REMONDIS SE & Co. KG (Germany)
• Novelis Aluminum (U.S.)
• Norton Aluminium Ltd (U.K.)
• Kuusakoski (Finland)
• REAL ALLOY (U.S.)
• Tom Martin & Company Ltd. (U.K.)
• TMS International (U.S.)
• Ferrous Processing & Trading. (U.S.)
• PSC Metals (U.S.)
• AMG Resources Corporation (U.S.)
• Alter Trading Inc. (U.S.)
• Mervis Industries (U.S.)
• OmniSource, LLC(U.S.)
• AMERICAN IRON & METAL (Canada)
• SUNRISE METAL RECYCLING LTD. (Canada)
• Upstate Metal Recycling, Inc. (U.S.)
• Miller Scrap & Disposal (U.S.)
• GFG Alliance (U.K.)
• BL Duke (U.S.)
• Cozzi Recycling (U.S.)

SKU-26078