#U.S. Copper Scrap Industry Insights | Explore Tumblr Posts and Blogs

market-insider · 2 years

Text

U.S. Copper Scrap Market 2022 | Brass Mills Segment Is Projected To Remain The Fastest-Growing Segment

The U.S. copper scrap market size is expected to reach USD 900.6 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.2% from 2022 to 2030. Demand for recycled copper in foundries and ingot-making applications is projected to boost the market growth.

Copper scrap finds applications in foundries such as casting plants, bronze products, and gunmetal products. Copper casting parts made from copper alloys and bronze are used in construction, electrical, mining, oil & gas, general, and industrial applications. This segment is projected to grow on account of favorable properties of copper such as corrosion resistance, weathering resistance, low maintenance, recyclability, superior strength, magnetic permeability, electrical conductivity, and ease of fabrication.

Gain deeper insights on the market and receive your free copy with TOC now @: U.S. Copper Scrap Market Report

With electrification increasing at a rapid pace in the automobile industry, the demand for metals necessary for the transition from ICE vehicles to electric vehicles is projected to rise over the coming years. The share of EVs sales as a proportion of total vehicles has been growing. For instance, EVs sales reached 3.6% of total EV sales, in Q2 2021, as reported by Alternative Fuels Data Center.

The irregular supply of copper scrap is one of the major challenges in the industry and thus restrains the growth of the market. Loss of copper scrap occurs as most of the scrap ends up in landfill sites. The availability of scrap is also adversely impacted by the long-life cycle of copper products. It is tied up for 10 to 20 years in the transportation sector, more than 30 years in construction and infrastructure, and between 10 to 30 years in the industrial machinery & equipment sector, before it becomes available for recycling.

Technology upgrades and investments are required to improve the recycling rate around the world. This involves more machinery & equipment for scrap processing and separation, trucks and vehicles to transport scrap, technological upgrades to handle diverse, complex, and rapidly changing material compositions, and product miniaturization. Thus, these considerable hurdles restrain the growth of the copper market, as copper scrap is not available regularly for optimized production.

Private investments in the scrap sector are growing. For instance, in the U.S. Aurubis AG has targeted investment for three actions: expanding its recycling capacity including e-waste or electronic scrap, upgrading technology to convert complex materials into high-grade scrap, and developing closed loops for customers, which can end the cycle of metal waste. Similar investments have been witnessed to be on the rise in other regions such as Europe and China.

#U.S. Copper Scrap Market Size & Share #U.S. Copper Scrap Market Latest Trends #U.S. Copper Scrap Market Growth Forecast #U.S. Copper Scrap Industry Insights #COVID-19 Impacts On U.S. Copper Scrap Market #U.S. Copper Scrap Market Revenue Value

0 notes

immixintegrated · 4 months

Text

In the ever-changing world of commodities, scrap copper prices Melbourne have experienced significant fluctuations over the years, triggering widespread interest and speculation. Understanding the reasons behind these fluctuations can provide valuable insights for businesses, investors, and individuals involved in the industry.

From the highs of thriving demand to the lows of economic downturns, the rise and fall of scrap copper prices have been influenced by a multitude of factors.

In this engaging blog post, we'll delve into the intricate dynamics that have shaped the trajectory of scrap copper prices, providing a comprehensive overview of the reasons behind their rise and fall.

Factors Driving the Rise of Scrap Copper Prices

Increasing Global Demand for Copper

One of the primary forces propelling the surge in scrap copper prices Melbourne is the relentless global demand for copper. The versatile metal is an essential component in numerous industries, including construction, electronics, and telecommunications.

As developing nations experience rapid urbanisation and industrialisation, the need for copper escalates, driving up its market price. This heightened demand for copper, coupled with limited supply, has contributed significantly to the upward trajectory of scrap copper prices.

Supply Constraints and Production Disruptions

The availability of scrap copper is intricately tied to the dynamics of global mining and production. Supply constraints arising from factors such as labour strikes, geopolitical tensions, or natural disasters have the potential to disrupt copper mining operations, consequently impacting the supply of scrap copper.

These disruptions can lead to a scarcity of copper in the market, spurring a surge in scrap copper prices as demand outstrips supply.

Economic Growth and Infrastructure Development

The pace of economic growth and infrastructure development in burgeoning economies plays a pivotal role in driving the rise of scrap copper prices. As countries invest in critical infrastructure projects and technological advancements, the demand for copper escalates, precipitating an increase in its market value.

The construction of power grids, telecommunications networks, and transportation systems all contribute to the heightened demand for copper, thereby bolstering its prices.

Factors Contributing to the Fall of Scrap Copper Prices

Economic Downturns and Reduced Demand

During periods of economic downturns, the demand for copper often dwindles, exerting downward pressure on scrap copper prices.

Industries scale back production, and construction projects are put on hold, resulting in a decreased need for copper. This reduced demand, coupled with a surplus of copper supply in the market, can lead to a tangible decrease in scrap copper prices.

Currency Fluctuations and Global Trade

The interconnected nature of global trade means that fluctuations in currency exchange rates can impact the pricing of commodities, including copper.

A strong U.S. dollar, for instance, can make copper more expensive for international buyers, dampening demand and subsequently causing a decline in scrap copper prices. Moreover, trade tensions and tariffs between nations can disrupt the flow of copper, contributing to price volatility.

Technological Advancements and Substitution

Technological advancements and innovations in material science have led to the development of alternative materials that can substitute for copper in certain applications.

This phenomenon has the potential to weaken the demand for copper, thereby influencing scrap copper prices. As industries explore cost-effective and efficient alternatives to copper, the market for scrap copper may experience a downturn.

In conclusion, the rise and fall of scrap copper prices are intricately linked to a myriad of factors, encompassing global demand, supply dynamics, economic conditions, and technological innovations.

As we navigate an ever-evolving economic landscape, understanding the complex interplay of these factors is indispensable for comprehending the fluctuations in scrap copper prices and making informed decisions within the industry.

Whether you're a seasoned investor, a business owner, or simply interested in the dynamics of commodity markets, staying abreast of the driving forces behind scrap copper prices is crucial for gauging market trends and anticipating future developments.

As the global economy continues to evolve, the trajectory of scrap copper prices Melbourne will undoubtedly remain a compelling narrative, shaped by the intricate dance of supply, demand, and external influences. Source: https://scrapcopperpriceselbourne.blogspot.com/2024/02/reasons-behind-rise-and-fall-of-scrap.html

0 notes

somya08 · 3 years

Text

Global Non-Ferrous Scrap Market Size, Status and Forecast 2021-2027

Aluminum, copper, lead, nickel, tin, and zinc are among the many base metals that are referred in the industry as nonferrous scrap. These materials have a variety of uses and maintain their chemical properties through repeated recycling and reprocessing. This trait makes nonferrous metals infinitely recyclable and important to maintaining sustainability in resource conservation.

Non-Ferrous Scrap can be divided into the following categories: Copper, Aluminum, Lead and Zinc, Nickel, etc. The survey results show that in 2019, Copper accounts for 47.71% and Aluminum accounts for 28.55% of the Non-Ferrous Scrap market.

Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/97401/global-nonferrous-scrap-2021-2027-884

The downstream applications of Non-Ferrous Scrap waste can be divided into Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Consumer Appliances, Battery, Packaging and so on. According to the survey results, Building & Construction accounted for the largest share of the market in 2019 with 40.74%. In second place was Equipment Manufacturing, with 27.39% in 2019.

Non-Ferrous Scrap industry concentration is low, with a large number of participants.

Asia-Pacific is the world's largest sales market, with an annual output value accounting for 63.5% of the market. Europe and North America followed with 17.91% and 15.59% in 2019, respectively.

Market Analysis and Insights: Global Non-Ferrous Scrap Market

The global Non-Ferrous Scrap market size is projected to reach US$ 115140 million by 2027, from US$ 95820 million in 2020, at a CAGR of 2.7% during 2021-2027.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Non-Ferrous Scrap market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Non-Ferrous Scrap market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Non-Ferrous Scrap market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Non-Ferrous Scrap market.

Global Non-Ferrous Scrap Scope and Market Size

Non-Ferrous Scrap market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Non-Ferrous Scrap market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type

Copper

Aluminum

Lead and Zinc

Nickel

Others

Segment by Application

Battery

Packaging

Automotive

Shipbuilding

Consumer Appliances

Building & Construction

Equipment Manufacturing

Others

By Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Nordic

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

By Company

Sims Metal Management

OmniSource

European Metal Recycling

Schnitzer Steel Industries

Hanwa

Commercial Metals

Stena Metal International

Yechiu Group

Chiho Environmental Group

Nucor

Cohen

DOWA

Get the Complete Report & TOC @ https://www.24chemicalresearch.com/reports/97401/global-nonferrous-scrap-2021-2027-884

Table of content

1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Non-Ferrous Scrap Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Copper 1.2.3 Aluminum 1.2.4 Lead and Zinc 1.2.5 Nickel 1.2.6 Others 1.3 Market by Application 1.3.1 Global Non-Ferrous Scrap Market Share by Application: 2016 VS 2021 VS 2027 1.3.2 Battery 1.3.3 Packaging 1.3.4 Automotive 1.3.5 Shipbuilding 1.3.6 Consumer Appliances 1.3.7 Building & Construction 1.3.8 Equipment Manufacturing 1.3.9 Others 1.4 Study Objectives 1.5 Years Considered 2 Global Growth Trends 2.1 Global Non-Ferrous Scrap Market Perspective (2016-2027) 2.2 Non-Ferrous Scrap Growth Trends by Regions 2.2.1 Non-Ferrous Scrap Market Size by Regions: 2016 VS 2021 VS 2027 2.2.2 Non-Ferrous Scrap Historic Market Share by Regions (2016-2021) 2.2.3 Non-Ferrous Scrap Forecasted Market Size by Regions (2022-2027) 2.3 Non-Ferrous Scrap Industry Dynamic 2.3.1 Non-Ferrous Scrap Market Trends 2.3.2 Non-Ferrous Scrap Market Drivers 2.3.3 Non-Ferrous Scrap Market Challenges 2.3.4 Non-Ferrous Scrap Market Restraints 3 Competition Landscape by Key Players 3.1 Global Top Non-Ferrous Scrap Players by Revenue 3.1.1 Global Top Non-Ferrous Scrap Players by Revenue (2016-2021) 3.1

CONTACT US: North Main Road Koregaon Park, Pune, India - 411001. International: +1(646)-781-7170 Asia: +91 9169162030 Email: [email protected] Follow Us On linkedin :- https://www.linkedin.com/company/24chemicalresearch/

0 notes

leonfrancisblog · 3 years

Text

Cobalt market is expected to grow at a compound annual growth rate of 10.97% for the forecast period of 2021 to 2028|Major Competitors China Molybdenum Co., Ltd., Glencore, Sheritt International Corporation, Vale, SUMITOMO METAL MINING CO LTD., Norilsk Nickel, GEM Co., Ltd

Cobalt market is expected to grow at a compound annual growth rate of 10.97% for the forecast period of 2021 to 2028. Data Bridge Market Research report on cobalt market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Cobalt is a type of chemical element found in the earth’s crust only chemically combined form. It is a free element that is produced by reductive smelting. Cobalt is a by-product of copper and nickel so; most of the cobalt is produced by the production of nickel and copper. Pure metallic cobalt is a lustrous, hard, silver-gray metal and is usually used in several industrial applications counting high-temperature super alloys, stainless steels, medical prosthetics, hard-facing products and cemented carbides.

The growing use of cobalt for metallurgical uses mainly in high-temperature alloys (superalloys) has highly influenced growth of the cobalt market. In line with this, the Increase in the use of cobalt in the electric vehicle as well as the high demand of cobalt owing the recyclable nature is also acting as a key determinant favoring the growth of the cobalt market over the forecast period of 2021 to 2028. Also the rapid increase in lithium ion battery production, superior energy density, recyclability of cobalt and strong presence of major construction companies are also positively impacting the growth of the cobalt market. The major factor accountable for the growth of the market is the rapid technological advancements along with rapid urbanization and globalization as well as the rising disposable incomes. However, the irregularity in supply occurring due to a lack of advanced infrastructure and political volatility may act as key restraint towards cobalt market growth rate in the forecast period of 2021 to 2028, whereas due to the inconsistency between the supply and demand, the prices of cobalt are probable to rise which have the potential to challenge the growth of the cobalt market in the above mentioned forecast period.

Global Cobalt Market, By Form (Chemical Compound, Metal, Purchased Scrap), Application (Battery Chemicals, Super Alloy, Ceramic and Pigments, Hard Metals, Magnets, Life Science, Binder Material), End User (Electronics, Automotive, Aerospace, Medical), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028. This cobalt 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, geographical expansions, technological innovations in the market. To gain more info on cobalt market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Get Sample PDF of Cobalt market Report (including COVID19 Impact Analysis) @https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-cobalt-market

Global Cobalt Market Scope and Market Size:

Cobalt market is segmented on the basis of form, application 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.

On the basis of form, the cobalt market is segmented into chemical compound, metal and purchased scrap. Based on application, the cobalt market is segmented into battery chemicals, super alloy, ceramic and pigments, hard metals, magnets, life science and binder material. Battery chemicals have further been segmented into lithium cobalt oxide (LCO), lithium nickel manganese cobalt (NMC) and lithium nickel cobalt aluminum oxide (NCA).The end user segment for cobalt market is segmented into electronics, automotive, aerospace and medical.

Key Market Competitors:

The major players covered in the cobalt market report are China Molybdenum Co., Ltd., Glencore, Sheritt International Corporation, Vale, SUMITOMO METAL MINING CO LTD., Norilsk Nickel, GEM Co., Ltd., Huayou Cobalt Co., Ltd., BHP, Yantai Cash Industrial Co Ltd., Freeport Cobalt, Sumitomo Corporation, Horizonte Minerals, CMOC, Jervois Mining, Missouri Cobalt, LLC, FLEURETTE PROPERTIES LIMITED, McKinsey & Company, Jinchuan Group International Resources Co. Ltd., and Umicore among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

MAJOR TOC OF THE REPORT:

Chapter One: Cobalt Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Cobalt Market Competition, by Players

Chapter Four: Cobalt Market Size by Regions

Chapter Five: Cobalt Market Revenue by Countries

Chapter Six: Cobalt Market Revenue by Type

Chapter Seven: Cobalt Market Revenue by Application

Chapter Eight: Cobalt Market Revenue by Industries

Chapter Nine: Cobalt Market Revenue by Deployment Model

Chapter Ten: Cobalt Market Revenue by End User

Get Table of Content on Request @ https://www.databridgemarketresearch.com/toc/?dbmr=global-cobalt-market

Reasons for buying this Global Cobalt Market:

Laser Capture Global Cobalt Market aids in understanding the crucial product segments and their perspective.

Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Laser Capture Global Cobalt Market.

Even the Laser Capture Global Cobalt Market economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.

This report provides a more rapid standpoint on various driving facets or controlling Medical Robotic System promote advantage.

This worldwide Locomotive report provides a pinpoint test for shifting dynamics that are competitive.

The key questions answered in this report:

What will be the Market Size and Growth Rate in the forecast year?

What is the Key Factors driving Laser Global Cobalt Market?

What are the Risks and Challenges in front of the market?

Who are the Key Vendors in Global Cobalt Market?

What are the Trending Factors influencing the market shares?

What is the Key Outcomes of Porter’s five forces model

Access Full Report: https://www.databridgemarketresearch.com/reports/global-cobalt-market

Browse Related Report:

Oxygen-Free Copper Market

Copper Market

Rare Earth Metal Market

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: [email protected]

#Market by Type Market Development Market Forecast Market Size Future Innovation Market Future Trends Market Share Market Demand Market Growt

0 notes

speedylightheart · 4 years

Text

Metal Recycling Market Report Covers New Aspects Impact on Share, Size, Types 2025

Metal Recycling Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025– Growing Environmental Awareness is Driving the Growth of Global Metal Recycling market.

Metal Recycling Market is valued at USD 346.86 Billion in 2018 and expected to reach USD 468.56 Billion by 2025 with a CAGR of 4.39% over the forecast period.

Metal recycling comprises the recovery and processing of scrap metal from end-of-life products or structures and from manufacturing scrap, so that it can be introduced as a raw material to produce new goods. It can be recycled repeatedly with no degradation of its properties and qualities. It offers raw material for new products, while having a much lower carbon footprint and more efficient utilization of resources than new material. There are two main categories of scrap metal: ferrous metal and non-ferrous metal. While ferrous metal contains some degree of iron, non-ferrous metal does not contain iron as a component. Non-ferrous scrap includes aluminum, copper, lead, nickel, tin, zinc and others. The main stages for metal recycling process are collecting, sorting, processing, melting, purification, and solidifying.

Global metal recycling market report is segmented on the basis of metal type, end user and region. Based upon metal type, global metal recycling market is classified as ferrous metal and non-ferrous metal. Based upon end-user, global metal recycling market is classified as building & construction, packaging, automotive, industrial machinery, electronics & electrical equipment, shipbuilding and others.

The regions covered in this metal recycling market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Metal Recyclingis sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Get Sample Copy of This Premium Report @ https://brandessenceresearch.com/requestSample/PostId/158

Key Players for Global Metal Recycling Market Reports–

Global Metal Recyclingmarket report covers prominent players like ArcelorMittal, Nucor Corporation, Commercial Metals Company, SIMS Metal Management Limited, Aurubis AG, European Metal Recycling Limited, Tata Steel,Dowa Holdings Co., Ltd., OmniSource Corporation, Schnitzer Steel Industries, Inc., Novelis Inc, Norton Aluminium Lts., Real Alloy, Tom Martin & Co Ltd. and others.

Growing environmental awareness is driving growth of the Global Metal Recycling market.

Scrap Metals are valuable materials which can be recycled again and again without degrading its properties. Approximately 40 percent of worldwide steel production is made using recycled steel and every year, around 400 million tons of metal are recycled worldwide. It is environmentally mandatory to recycle scrap and unused metal to preserve natural resources while requiring less energy to process than the manufacture of new products using new raw materials. Recycling emits less carbon dioxide and other harmful gasses. It saves money and allows manufacturing businesses to reduce their production cost. It is one of the stable markets whose demand will be present always because of need of metal in society. Industrialization and urbanization development in emerging economies such as China, India, Brazil are anticipated to increase the demand for metal recycling market within the forecast period. The growing complexity of various modern products and their material mix makes recycling increasingly difficult, which can be a restraining factor for this market. The use of sensors to identify metals through infra-red scanning and x-ray has become popular in metal recycling market and can create an opportunity for metal recycling market.

Asia Pacific is expected to dominate the Metal Recycling Market

Asia-Pacific is expected to dominate the metal recycling market due to rapid economic development, increase in population, favourable Government policies and regulations to support environmental protection and waste management. In addition, with the growing awareness of environmental well being in various Asia Pacific countries, there has been a strong set of frameworks for waste management which starts from collecting waste till it is disposed and anticipated to drive the metal recycling market in this region during the forecast period.

Key Benefits for Global Metal Recycling Market Reports –

Global market report covers in depth historical and forecast analysis.

Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

Global market report helps to identify opportunities in market place.

Global market report covers extensive analysis of emerging trends and competitive landscape.

Metal Recycling Market Segmentation –

By Metal Type:

Ferrous Metal, Non-ferrous Metal

By End-User:

Building & Construction, Packaging, Automotive, Industrial Machinery, Electronics & Electrical Equipment, Shipbuilding, Others

By Region: North America (US., Canada), Europe (UK., France, Germany, Italy), Asia Pacific (China, Japan, India, Southeast Asia), Latin America (Brazil, Mexico), Middle East and Africa (GCC, Africa, Rest of Middle East and Africa)

Buy Detail Report @ https://brandessenceresearch.com/Checkout?report_id=158

Other Related Reports:

https://www.globenewswire.com/news-release/2020/11/12/2125360/0/en/Home-Healthcare-Market-projected-to-exceed-293-6-billion-by-2026-Says-Brandessence-Market-Research.html

https://www.globenewswire.com/news-release/2020/11/24/2132548/0/en/At-CAGR-of-14-67-Contact-Center-Software-Market-Size-worth-38-83-Billion-by-2025-says-Brandessence-Market-Research.html

About us: Brandessence Market Research and Consulting Pvt. ltd.

Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

Contact us at: +44-2038074155 or mail us at [email protected]

0 notes

technogeekstmr · 4 years

Text

Scrap Metal Recycling Market 2020 Opportunities, Covid-19 Impact Analysis, Challenges, Key Players, End User, Demand and Forecasts To 2027

Scrap Metal Recycling Market: Introduction

Scrap metal recycling is the process of recovering metals from products which have reached the end of the product life cycle. Scrap metal which is recovered is then introduced as raw material in the production of new goods. Scrap metals are bifurcated into ferrous and nonferrous categories. Nonferrous metals are better valued as compared to ferrous metals.

Ferrous scrap has some degree of iron while nonferrous scrap does not contain iron. Nonferrous scrap contains aluminum, lead, zinc, copper etc. The recycled scrap metal finds application in residential, commercial, and industrial sectors.

Recycling reduces rare earth metal mining activities, besides reducing waste and saving energy. Considering these factors, the scrap metal recycling market is expected to grow during the forecast period.

Key Drivers, Restraints, and Opportunities of the Global Scrap Metal Recycling Market

Scrap metals can be recycled repeatedly without any characteristic loss. The reuse of metals reduces the carbon footprint and helps in betterment of the environment. Scrap metal recycling and reusing helps to create a sustainable future. Scrap metal recycling reduces greenhouse gas emissions. As per Institute of Scrap Recycling Industries (ISRI), scrap metal recycling may cut 300 to 500 million tons of greenhouse gas emission.

The scrap metal recycling market is expected to improve with the recycling rate. Development of recycling facilities in developed and developing regions, better waste collection systems, and promotion of metal recycling by manufacturers and governments is likely to help in business growth and create new business opportunities and increase employment. Canadian Association of Recycling Industries (CARI) states that the scrap metal recycling industry in Canada employs 1, 60,000 people directly and indirectly. The usage of rare metals in various products and its shortage is also expected to boost the scrap metal recycling market.

The existing products are likely to be antiquated with development of technology. The rise in technology, industrialization & urbanization, disposable income, and awareness are expected to be the factors responsible for driving the scrap metal recycling market during the forecast period.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Asia Pacific to Lead the Global Scrap Metal Recycling Market

Geographically, the global scrap metal recycling market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Asia Pacific will lead the scrap metal recycling market due to increasing urbanization, industrialization, and construction activities, followed by North America. The scrap metal industry in the U.S. accounted for around US$ 50 Billion in 2015.

Rapid growth of construction activities in Middle East & Africa is set to provide good business opportunities to the market.

Key Manufacturers Operating in the Global Scrap Metal Recycling Market

Leading players operating in the global scrap metal recycling market include:

American Iron & Metal

ArcelorMittal

Aurubis AG

Sims Metal Management Ltd

Nucor Corporation

OmniSource Corporation

TKC Metal Recycling Inc.

Metallon Recycling Pte Ltd

DBW Metals Recycling

Kuusakoski

For Right Perspective & Competitive Insights on Scrap Metal Recycling Market, Request for a Sample

Global Scrap Metal Recycling Market: Research ScopeGlobal Scrap Metal Recycling Market, by Type

Ferrous Metals

Iron

Steel

Others (Alloy Steel, Cast Iron, etc.)

Non-Ferrous Metals

Aluminum

Copper

Brass

Others (Lead, Zinc, Magnesium, etc.)

Global Scrap Metal Recycling Market, by Application

Metal Cans

Small and Large Appliances

Plastic and Glass Bottles

Others (small furniture, toys, etc.)

Large Electronics

Building Structures

Railroad Tracks

Others (farm equipment, piping, etc.)

Global Scrap Metal Recycling Market, by Region

U.S.

Canada

Germany

U.K.

France

Italy

Spain

Russia & CIS

Rest of Europe

China

India

Japan

ASEAN

Rest of Asia Pacific

Brazil

Mexico

Rest of Latin America

GCC

South Africa

Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments

Market trends and dynamics

Supply and demand

Market size

Current trends/opportunities/challenges

Competitive landscape

Technological breakthroughs

Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Request For Covid19 Impact Analysis Across Industries And Markets – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=75449

Related Reports Press-Release –

https://www.prnewswire.com/news-releases/geofencing-market-to-expand-with-30-0-cagr-due-to-rising-adoption-of-the-live-tracking-systems-says-tmr-300807591.html

https://www.prnewswire.co.uk/news-releases/brands-to-leverage-direct-to-consumer-d2c-approaches-in-last-mile-delivery-transportation-market-to-gain-competitive-edge-finds-transparency-market-research-865890623.html

https://www.prnewswire.com/news-releases/automated-guided-vehicle-market-to-reach-us2-3-bn-by-2024–growing-application-in-logistics-environment-boosts-prospects-noted-tmr-300863808.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhocreports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key tohelp enterprises reach right decision.”

Contact

Transparency Market Research

State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

USA – Canada Toll Free: 866-552-3453

Email: [email protected]

Website: https://www.transparencymarketresearch.com

0 notes

edwardbailey286 · 4 years

Text

Cut-to-length Line Systems Market Investment Opportunity and Projected Huge Growth By 2027

Cut-to-length Line Systems Market: Introduction

According to a new market report on the global cut-to-length line systems market published by Transparency Market Research the cut-to-length (CTL) line systems market is anticipated to record installation of 23 new CTL line systems by 2027. The cut-to-length line systems market is projected to expand at a CAGR of ~2% from 2019 to 2027 in terms of volume. Growth of the cut-to-length line systems market can be attributed to the inauguration of new metal processing facilities as well as capacity expansion of existing facilities across the globe, particularly steel, aluminum, copper, and other ferrous and non-ferrous metals. The report has considered that the cut-to-length line system is made up of modules such as coil management and decoiling module, straightening device for coil strip/tube, a shearing system, and a packaging module. The report has considered entire cut-to-length line systems as one unit and all such new commissioned units have been covered under the scope of the study. Such complete units/systems are predominantly used by metal coil/ tube manufacturers. Over the forecast period, Asia Pacific is anticipated to emerge as the leading market for cut-to-length line systems, followed by North America.

Increasing Demand for Better Infrastructure Drives Cut-to-length Line Systems Market

Industries such as automotive, aerospace, construction, and manufacturing are witnessing higher growth due to the rise in demand for better resources and infrastructure across the globe. Although these industries are different from each other in terms of their core function and end products, they have one common factor, i.e. they all use metal (ferrous and non-ferrous) at the highest proportion among all inbound resources. They usually use the metal in the form of foils, sheets, plates, tubes, etc. of the specified dimension as per their use.

In order to cater to such a huge requirement of metal of specific dimension, prominent metal producers (especially steel, aluminum, copper, etc.), install high capacity CTL line systems in their production facilities. They cut the metal rolls in the desired length with the CTL line system, stack them in boxes, and ship them to the end-use industry. Hence, the rapid expansion of end-use industries has escalated the requirement of metal, which eventually results in new CTL line system installations by metal producers.

Request A Sample Copy Of The Report

https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=70155

Moreover, the growing number of smart city projects and capacity expansion of existing metal producing facilities across the globe have also escalated the demand for metal, in turn, driving the CTL line system market.

Cut-to-length Line Systems: Market Segmentation

The global cut-to-length line systems market has been segmented in terms of component, control type, and region. Based on component, the cut-to-length line systems market has been classified into decoiler, leveler, shear, stacker, and others (roller feeder, scrap collection). Among components, the decoiler segment dominated the global cut-to-length line systems market in 2018. Based on control type, the cut-to-length line systems market has been categorized into manual, semi-automatic, and automatic.

Cut-to-length Line Systems Market: Regional Outlook

In terms of region, the global cut-to-length line systems market has been segmented into North America, Eastern Europe, Western Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the cut-to-length line systems market during the forecast period. Asia Pacific led the global cut-to-length line systems market, accounting for a substantial share in 2019, with China, India, and Japan being the major markets in the region. The cut-to-length line systems market in Middle East & Africa, Europe, and South America is also projected to increase moderately over the forecast period.

The report provides in-depth segment analysis of the global cut-to-length line systems market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant share has also been included as part of geographic analysis for the cut-to-length line systems market.

Cut-to-length Line Systems Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global cut-to-length line systems market. Key players profiled in the report include Heinrich Georg GmbH, ACL MACHINE CO., LTD., ANDRITZ AG, ARKU GmbH, ATHADER, S.L., Bollina srl, Bradbury Co., Inc., Burghardt+Schmidt GmbH, COE Press Equipment Corp., Delta Steel Technologies, Dimeco Group, F.I.M.I. FABBRICA IMPIANTI MACCHINE INDUSTRIALI SPA, KOHLER Maschinenbau GmbH, Primetals Technologies Ltd., Shijiazhuang Teneng Electrical & Mechanical Equipment Co., Ltd., Sacform, and Fagor Arrasate.

Request For Covid19 Impact Analysis

https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=70155

Global Cut-to-length Line Systems Market: Segmentation

Cut-to-length Line Systems Market, by Component

Decoiler

Leveler

Shear

Stacker

Others (Roller Feeder, Scrap Collection)

Cut-to-length Line Systems Market, by Control Type

Manual

Semi-automatic

Automatic

Cut-to-length Line Systems Market, by Region

North America

Asia Pacific

Middle East & Africa

South America

U.S.

Canada

Mexico

Eastern Europe

Russia

Poland

Rest of Eastern Europe

Western Europe

Germany

U.K.

France

Nordics

Benelux

Rest of Western Europe

China

India

Japan

Rest of Asia Pacific

UAE

South Africa

Rest of Middle East & Africa

Brazil

Rest of South America

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as heavy engineering equipment, pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement.

Contact Us

Transparency Market Research State Tower 90 State Street, Suite 700, Albany NY - 12207 United States USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: https://www.transparencymarketresearch.com

0 notes

aartimuleict · 4 years

Text

Scrap Metal Recycling Market Demand and Insights by 2027