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Metal Recycling Industry 2017, Global Market Size, Technology Review, Cost Analysis and Demand Overview

Press Release   •   Jan 27, 2017 18:03 IST

The recovery of scrap metals from products that are no longer in use is swiftly becoming a much-needed avenue to replenish national stockpiles of metal. The reusing of recycled metal as raw material is now a mainstay concept in nearly all regions and holds angles of advantages ranging from conserving resources to saving energy and reducing pollution levels.

What users will gain from this report on the global metal recycling market is an in-depth insight into what makes the market tick. This involves several aspects such as the market’s key drivers, future opportunities, regional orientation, and most importantly, the competitive positioning of a player. The report materializes these concepts into hard facts and figures that are sure to strengthen the knowledge on the global metal recycling market that a user may hold.

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Global Metal Recycling Market: Trends and Opportunities

The global metal recycling market generates a large portion of is demand and revenue through the fact that the demand for metal is increasing at a fairly fast pace while the overall stockpiles of ores are steadily reducing in volume. The growing rate of obsolescence in the metal production industry coupled with the massive savings that a player can bring about by recycling rather than boosting production rates are also nudging the global metal recycling market in the right direction.

Despite the above factors, the global metal recycling market is still being subdued in terms of growth by factors such as the unorganized manner of waste disposal which makes it difficult to segregate ferrous and non-ferrous metals from non-metallic waste. Efficiently separating the waste involves a greater expense that a lot of recycling companies find difficult to bear over the cost of the actual recycling itself. Over the coming years, a greater priority for waste segregation is likely to boost the global metal recycling market significantly.

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Global Metal Recycling Market: Region-wise Outlook

Asia Pacific has not only shown a high rate of adoption of metal recycling practices, but is continuing to show a highly optimistic avenue of growth for all players associated with it. China, Japan, and India are currently some of the leading nations in import of scrap metals, making metal recycling a very high priority in these locations. The promotion of favorable international trade rules for easier import of scrap metal will make these nations even stronger in terms of providing opportunities in the global metal recycling market. This can be done with the help of impetuous government incentives and regulatory developments. A lot of scope is also seen for the global metal recycling market in the developed economies from North America and Europe, following the growing importance given to reducing the national carbon footprint. This is led to the implementation of several waste disposal and recycling laws, including metals as well.

Global Metal Recycling Market: Key Players Involved

Of the several players linked to the global metal recycling market, the well-known entities included Tube City Inc., PSC Metals, Ferrous Processing & Trading Co. (FTP), Alter Scrap Processing, AMG Resources Corp., Joseph Behr & Sons Inc., Galamba Metals Group LLC, and Kuusakoski Oy.

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The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
    Market trends and dynamics
    Supply and demand chain of the market
    Market valuation (revenue and/or volume)
    Key trends/opportunities/challenges
    Forces defining present and estimated future state of the competitive landscape
    Technological developments
    Value chain and stakeholder analysis

The regional analysis covers:

  • North America
    Latin America
    Europe
    Asia Pacific
    Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
    Recent developments in the market’s competitive landscape
    Detailed analysis of market segments up to second or third level of segmentation
    Historical, current, and projected future valuation of the market in terms of revenue and/or volume
    Key business strategies adopted by influential market vendors
    Outline of the regulatory framework surrounding and governing numerous aspects of the market
    Growth opportunities in emerging and established markets
    Recommendations to market players to stay ahead of the competition

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