#U.S. Copper Scrap Market Revenue Value

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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.

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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.

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Global recycled metal market to reach US$ 979.02 BN by 2026 : TRANSPARENCY MARKET RESEARCH

The recycled metal market was valued at US$ 713.44 Bn in 2017 is anticipated to expand at a CAGR of 3.5% during the forecast period, according to a new report published by Transparency Market Research (TMR)  titled ‘Recycled Metal Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’. Expansion in the recycled metal market is primarily driven by the increase in awareness about energy conservation through secondary production of metals, i.e. metal recycling. Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint.

Energy Efficiency and Lower Greenhouse Gas Emissions in Metal Recycling to Drive Market Growth

A large amount of energy is required for the extraction of metal from ores. Energy consumed in metal production accounts for approximately 8.3% of the global energy consumption. Furthermore, the extraction process leads to the emission of greenhouse gases. The primary production of metals entails extraction of metals from metal ores, while secondary production involves the preparation of metals from scrap collection.

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Primary production of ferrous metals entails the reduction of iron oxide to iron by reducing agents such as coke, coal, and natural gas. The reduction takes place at a high temperature and entails high energy. However, the electric arc furnace (EAF) process is used in the secondary production of steel from scrap. The process consumes considerably less amount of energy. Thus, the energy requirement for primary production of ferrous metals is significantly higher than that for secondary production. Therefore, secondary production of ferrous metals through recycled metal leads to cost reduction.

Production of 100 kilo tons of aluminum from bauxite ore requires 4,700 terra joules of energy. Production of other non-ferrous metals such as copper, lead, nickel, tin, and zinc also entails significant amount of energy. Furthermore, the extraction process results in the emission of greenhouse gases. However, non-ferrous metals can be produced from scrap metal sources through a cost-effective method that consumes significantly low amount of energy. The emission of carbon dioxide is reduced during the secondary production of non-ferrous metals.

Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint. Recycled metal is projected to help industry players achieve their sustainability goals in the near future. This, in turn, is estimated to propel the recycled metal market in the next few years.

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Rise in E-waste Generation to Boost Recycled Metal Market

Generation of e-waste has increased significantly over the last few years. Constant innovation in the electronics industry has resulted in digital revolution. Changing demands of consumers and constant improvement in technology are driving the electrical and electronic goods market. As a result, electronic goods with conventional technology are being replaced with new devices with improved technology. This, in turn, is driving the production of waste from discarded electronic and electrical equipment.

A well-designed and effective recycling system can encourage the reuse of electronic waste. Electronic waste management systems help prevent the loss of precious metals and lower the emission of greenhouse gases. Led by the rise in awareness about environmental concerns, governments of developed and developing countries are focusing on recycling of electronic waste to encourage resource conservation.

The rate of metal recycling from e-waste is anticipated to increase substantially in the next few years in order to meet the rise in demand for metals in several end-user industries. Thus, e-waste is expected to be the most promising source of recycled metal, considering the significant increase in e-waste generation and rise in demand for metal.

Demand for various ferrous, non-ferrous, and precious metals in construction, automotive, and electronic industries is likely to increase significantly in the near future. Thus, recycled metal is estimated to be a lucrative end-user of the global e-waste market during the forecast period.

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Regional Perspective of Recycled Metal Market

In terms of revenue and volume, Asia Pacific constituted significant share of the recycled metal market in 2017. Expansion in automotive and building & construction (especially new construction) industries is estimated to provide lucrative opportunities to the market during the forecast period. Asia Pacific is anticipated to be a highly attractive region of the global market, with growth potential being exhibited by China, India, and ASEAN countries such as Indonesia, Malaysia, and Singapore. Japan South Korea, Australia, and New Zealand are some the mature countries of the recycled metal market in Asia Pacific.

Europe followed Asia Pacific in terms of revenue and volume in 2017. This trend is anticipated to continue during the forecast period. The overall recycling rates in EU-28 countries for various metals are high compared to that in Rest of Europe. Domestic and imported scrap is utilized in Europe, which contributes to the market share held by the region.

The U.S. accounts for significant share of the market in North America. Metal recycling is an established market in the region. Automotive, shipbuilding, and industrial machinery end-users constitute large share of the demand for recycled metal. North America is also one of the leading producers of recycled metal.

High Degree of Competition Exists Among Established Players

Players of different sizes and shares operate in the global recycled metal market. High intensity of competition is likely to exist among established players due to their integrated value chain. Exit barriers are high owing to the high fixed costs and large capital investment made at the initial stage. This, in turn, intensifies rivalry among market players.

In coming years, as the debate on the potential impact of the chemical manufacturing across industries on the ecology gets fiercer, new monitoring technologies will emerge. Latest compliance regulations will expand the scope of green chemistries for businesses in the downstream value chain. Further, manufacturers in the market will increasingly leverage digital channels to reach high-value customers. Many will use them to avoid disruption such as by pandemics.

The sustainability aspects have dramatically changes the raw material sourcing strategies for many businesses in the global Metal Recycling market. Players have become more responsible toward reducing or managing the waste, are adopting material informatics equipped with artificial intelligence (AI), and adopting energy-efficient production processes in order to maximize returns on invested capital.

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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.

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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

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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

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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.

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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

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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.

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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

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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.

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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)

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Recycled Metal Market is anticipated to expand at a CAGR of 3.5%

The recycled metal market was valued at US$ 713.44 Bn in 2017 is anticipated to expand at a CAGR of 3.5% during the forecast period, according to a new report published by Transparency Market Research (TMR)  titled ‘Recycled Metal Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’. Expansion in the recycled metal market is primarily driven by the increase in awareness about energy conservation through secondary production of metals, i.e. metal recycling. Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint.

Energy Efficiency and Lower Greenhouse Gas Emissions in Metal Recycling to Drive Market Growth

A large amount of energy is required for the extraction of metal from ores. Energy consumed in metal production accounts for approximately 8.3% of the global energy consumption. Furthermore, the extraction process leads to the emission of greenhouse gases. The primary production of metals entails extraction of metals from metal ores, while secondary production involves the preparation of metals from scrap collection.

Primary production of ferrous metals entails the reduction of iron oxide to iron by reducing agents such as coke, coal, and natural gas. The reduction takes place at a high temperature and entails high energy. However, the electric arc furnace (EAF) process is used in the secondary production of steel from scrap. The process consumes considerably less amount of energy. Thus, the energy requirement for primary production of ferrous metals is significantly higher than that for secondary production. Therefore, secondary production of ferrous metals through recycled metal leads to cost reduction.

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Production of 100 kilo tons of aluminum from bauxite ore requires 4,700 terra joules of energy. Production of other non-ferrous metals such as copper, lead, nickel, tin, and zinc also entails significant amount of energy. Furthermore, the extraction process results in the emission of greenhouse gases. However, non-ferrous metals can be produced from scrap metal sources through a cost-effective method that consumes significantly low amount of energy. The emission of carbon dioxide is reduced during the secondary production of non-ferrous metals.

Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint. Recycled metal is projected to help industry players achieve their sustainability goals in the near future. This, in turn, is estimated to propel the recycled metal market in the next few years.

Rise in E-waste Generation to Boost Recycled Metal Market

Generation of e-waste has increased significantly over the last few years. Constant innovation in the electronics industry has resulted in digital revolution. Changing demands of consumers and constant improvement in technology are driving the electrical and electronic goods market. As a result, electronic goods with conventional technology are being replaced with new devices with improved technology. This, in turn, is driving the production of waste from discarded electronic and electrical equipment.

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A well-designed and effective recycling system can encourage the reuse of electronic waste. Electronic waste management systems help prevent the loss of precious metals and lower the emission of greenhouse gases. Led by the rise in awareness about environmental concerns, governments of developed and developing countries are focusing on recycling of electronic waste to encourage resource conservation.

The rate of metal recycling from e-waste is anticipated to increase substantially in the next few years in order to meet the rise in demand for metals in several end-user industries. Thus, e-waste is expected to be the most promising source of recycled metal, considering the significant increase in e-waste generation and rise in demand for metal.

Demand for various ferrous, non-ferrous, and precious metals in construction, automotive, and electronic industries is likely to increase significantly in the near future. Thus, recycled metal is estimated to be a lucrative end-user of the global e-waste market during the forecast period.

Regional Perspective of Recycled Metal Market

In terms of revenue and volume, Asia Pacific constituted significant share of the recycled metal market in 2017. Expansion in automotive and building & construction (especially new construction) industries is estimated to provide lucrative opportunities to the market during the forecast period. Asia Pacific is anticipated to be a highly attractive region of the global market, with growth potential being exhibited by China, India, and ASEAN countries such as Indonesia, Malaysia, and Singapore. Japan South Korea, Australia, and New Zealand are some the mature countries of the recycled metal market in Asia Pacific.

Europe followed Asia Pacific in terms of revenue and volume in 2017. This trend is anticipated to continue during the forecast period. The overall recycling rates in EU-28 countries for various metals are high compared to that in Rest of Europe. Domestic and imported scrap is utilized in Europe, which contributes to the market share held by the region.

The U.S. accounts for significant share of the market in North America. Metal recycling is an established market in the region. Automotive, shipbuilding, and industrial machinery end-users constitute large share of the demand for recycled metal. North America is also one of the leading producers of recycled metal.

High Degree of Competition Exists Among Established Players

Players of different sizes and shares operate in the global recycled metal market. High intensity of competition is likely to exist among established players due to their integrated value chain. Exit barriers are high owing to the high fixed costs and large capital investment made at the initial stage. This, in turn, intensifies rivalry among market players.

Read our Case study at :

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[priyanka16me]

Recycled Metal Market to Reach US$ 979 Billion by 2026

The recycled metal market was valued at US$ 713.44 Bn in 2017 is anticipated to expand at a CAGR of 3.5% during the forecast period, according to a new report published by Transparency Market Research (TMR)  titled ‘Recycled Metal Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’. Expansion in the recycled metal market is primarily driven by the increase in awareness about energy conservation through secondary production of metals, i.e. metal recycling. Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint.

Energy Efficiency and Lower Greenhouse Gas Emissions in Metal Recycling to Drive Market Growth

A large amount of energy is required for the extraction of metal from ores. Energy consumed in metal production accounts for approximately 8.3% of the global energy consumption. Furthermore, the extraction process leads to the emission of greenhouse gases. The primary production of metals entails extraction of metals from metal ores, while secondary production involves the preparation of metals from scrap collection.

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Primary production of ferrous metals entails the reduction of iron oxide to iron by reducing agents such as coke, coal, and natural gas. The reduction takes place at a high temperature and entails high energy. However, the electric arc furnace (EAF) process is used in the secondary production of steel from scrap. The process consumes considerably less amount of energy. Thus, the energy requirement for primary production of ferrous metals is significantly higher than that for secondary production. Therefore, secondary production of ferrous metals through recycled metal leads to cost reduction.

Production of 100 kilo tons of aluminum from bauxite ore requires 4,700 terra joules of energy. Production of other non-ferrous metals such as copper, lead, nickel, tin, and zinc also entails significant amount of energy. Furthermore, the extraction process results in the emission of greenhouse gases. However, non-ferrous metals can be produced from scrap metal sources through a cost-effective method that consumes significantly low amount of energy. The emission of carbon dioxide is reduced during the secondary production of non-ferrous metals.

Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint. Recycled metal is projected to help industry players achieve their sustainability goals in the near future. This, in turn, is estimated to propel the recycled metal market in the next few years.

Rise in E-waste Generation to Boost Recycled Metal Market

Generation of e-waste has increased significantly over the last few years. Constant innovation in the electronics industry has resulted in digital revolution. Changing demands of consumers and constant improvement in technology are driving the electrical and electronic goods market. As a result, electronic goods with conventional technology are being replaced with new devices with improved technology. This, in turn, is driving the production of waste from discarded electronic and electrical equipment.

A well-designed and effective recycling system can encourage the reuse of electronic waste. Electronic waste management systems help prevent the loss of precious metals and lower the emission of greenhouse gases. Led by the rise in awareness about environmental concerns, governments of developed and developing countries are focusing on recycling of electronic waste to encourage resource conservation.

The rate of metal recycling from e-waste is anticipated to increase substantially in the next few years in order to meet the rise in demand for metals in several end-user industries. Thus, e-waste is expected to be the most promising source of recycled metal, considering the significant increase in e-waste generation and rise in demand for metal.

Demand for various ferrous, non-ferrous, and precious metals in construction, automotive, and electronic industries is likely to increase significantly in the near future. Thus, recycled metal is estimated to be a lucrative end-user of the global e-waste market during the forecast period.

Regional Perspective of Recycled Metal Market

In terms of revenue and volume, Asia Pacific constituted significant share of the recycled metal market in 2017. Expansion in automotive and building & construction (especially new construction) industries is estimated to provide lucrative opportunities to the market during the forecast period. Asia Pacific is anticipated to be a highly attractive region of the global market, with growth potential being exhibited by China, India, and ASEAN countries such as Indonesia, Malaysia, and Singapore. Japan South Korea, Australia, and New Zealand are some the mature countries of the recycled metal market in Asia Pacific.

Europe followed Asia Pacific in terms of revenue and volume in 2017. This trend is anticipated to continue during the forecast period. The overall recycling rates in EU-28 countries for various metals are high compared to that in Rest of Europe. Domestic and imported scrap is utilized in Europe, which contributes to the market share held by the region.

The U.S. accounts for significant share of the market in North America. Metal recycling is an established market in the region. Automotive, shipbuilding, and industrial machinery end-users constitute large share of the demand for recycled metal. North America is also one of the leading producers of recycled metal.

High Degree of Competition Exists Among Established Players

Players of different sizes and shares operate in the global recycled metal market. High intensity of competition is likely to exist among established players due to their integrated value chain. Exit barriers are high owing to the high fixed costs and large capital investment made at the initial stage. This, in turn, intensifies rivalry among market players.

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E-scrap and Printed Circuit Board (PCB) E-scrap Market is Expected to rise to a revenue valuation of US$33.5 bn by 2026

Global E-Scrap and PCB E-Scrap Market: Snapshot

With advancements in technology, the demand for electronic and electrical equipment has risen dramatically. Persistent innovations in electronic and electrical technologies have further shortened the use-life of electronic and electrical products. This has enhanced the generation of e-waste or waste from electronic and electrical equipment. E-waste primarily comprises laptops, computers, mobile phones, television sets, and other electrical or electronic household appliances.

The market for e-scrap is anticipated to expand at a CAGR of 5.6% by volume during the forecast period from 2016 to 2026. On the other hand, the global printed circuit board (PCB) e-scrap market was valued at 1.46 million tons in 2015 and is expected to reach 3.14 million tons by 2026, expanding at a CAGR of 7.3% from 2016 to 2026. The global e-scrap market was valued at 43.7 million tons and US$55.34 bn in 2015.

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Household Appliances Likely to Remain Dominant Source of E-scrap

The global e-scrap and printed circuit board (PCB) e-scrap market has been segmented on the basis of production source of e-scrap, type of PCB e-scrap, and material extracted from PCB e-scrap. Based on source of e-scrap, the market is classified into household appliances, IT and telecommunication products, entertainment devices, and others. In 2015, e-waste produced from household appliances accounted for the maximum share of the global e-waste market, at around 45% of the volume of the overall e-scrap and printed circuit board (PCB) e-scrap market. Moreover, the segment is expected to show sustainable growth throughout the forecast period due to high usage of various types of electronic equipment in household application in terms of units.

In terms of PCB e-waste type, the market is segmented into telecommunication circuit cards, network communication boards, circuit packs, PC motherboards, and others. In 2015, the telecommunication circuit cards segment held the largest volume share of around 33% and a value share of 43% in the overall PCB e-scrap market. Moreover, it is expected to dominate the market throughout the forecast period.

In terms of material extracted from PCB e-scrap, the market is segmented into ferrous components, metals (copper, aluminum, tin), and precious metals (gold, silver, palladium). In 2015, the metals segment including copper, aluminum and tin held the largest volume share of around 63% and value share of 78% in the overall e-scrap and PCB e-scrap market in 2016.

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China Market’s Growth Likely to Drive Asia Pacific E-scrap Market

Geographically, Asia Pacific is the largest market for e-scrap and PCB e-scrap. Asia Pacific is also expected to witness the fastest growth during the forecast period. China, India, Japan, Australia, and South Korea are among the major markets for e-scrap and printed circuit board (PCB) e-scrap in the Asia Pacific region. The Asia Pacific market was valued at US$18.3 bn in 2016 and is expected to rise to US$33.5 bn by 2026 at a sturdy CAGR of 6.2% in the 2016-2026 forecast period. China is the leading national market for e-scrap and PCB e-scrap in Asia Pacific and is bettered only by the U.S. as to its share in the global e-scrap and PCB e-scrap market.

The e-scrap market in North America is also projected to show moderate growth during the forecast period, but Europe held the second-largest volume share in the global e-scrap and PCB e-scrap market in 2016. The e-scrap market in Europe, valued at US$12.8 bn in 2016, is growing rapidly and is expected to maintain its growth due to growth of the manufacturing industry and rising demand for electronic equipment from households in this region.

Moreover, the e-scrap market in Latin America and the Middle East and Africa is anticipated to witness sustainable growth in the near future, with the Middle East and Africa market for e-scrap and PCB e-scrap likely to exhibit a solid 5.8% CAGR in the 2016-2026 forecast period. The major factor fuelling the market’s growth in these regions is the rising adoption of electronic equipment and mobile phones in countries such as Saudi Arabia, the UAE, Israel, and Turkey.

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Global Metal Recycling Market 2019- Industry Analysis, By Key Players, Segmentation And Forecast By 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.

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 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.

 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.

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  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:

 U.S.

 Canada

 UK

 France

 Germany

 Italy

 China

 Japan

 India

 Southeast Asia

 Brazil

 Mexico

 GCC

 Africa

 Rest of Middle East and Africa

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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.

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[investmart007]

NEW YORK | US stock indexes dip as oil prices sink energy companies

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NEW YORK | US stock indexes dip as oil prices sink energy companies

NEW YORK— A late gain for U.S. stocks slipped away Wednesday as a four-day winning streak ended. Energy companies sank along with the price of oil.

The price of crude oil fell more than 3 percent Wednesday. Big dividend payers and industrial companies slipped. Gains for Microsoft, Facebook and Alphabet helped technology companies finish higher. Banks and health care companies also rose.

The U.S. and China both announced new tariffs: later this month each country will put a 25 percent tax on $16 billion in goods imported from the other. Both countries placed tariffs on $34 billion in imports earlier this month, and they have threatened much larger tariffs to come.

But investors have been focusing on rising company earnings instead. Karyn Cavanaugh, senior markets strategist at Voya Investment Management, said U.S. companies are expecting bigger profits in spite of the tariffs.

“That speaks to me a lot louder than a lot of negative headlines,” she said. “Companies have gotten very good at minimizing their costs and being very efficient with what they have.”

The S&P 500 index dipped 0.75 points to 2,857.70. The Dow Jones Industrial Average fell 45.16 points, or 0.2 percent, to 25,583.75. The Nasdaq composite rose 4.66 points, or 0.1 percent, to 7,888.33. The Russell 2000 index of smaller stocks lost 1.42 points, or 0.1 percent, to 1,686.88.

The Trump administration plans to tax Chinese industrial products such as steam turbines and iron girders starting Aug. 23. China’s government said it will put tariffs on U.S. goods including cars, crude oil and scrap metal starting on the same date.

Oil futures fell sharply. U.S. crude oil lost 3.2 percent to $66.94 a barrel in New York. Brent crude, the standard for international oil prices, fell 3.2 percent to $72.28 a barrel in London.

Exxon Mobil lost 0.7 percent to $80.73 and Chevron dipped 1 percent to $123.88.

Snap, which runs the Snapchat video app, fell 6.8 percent to $12.23 after it said daily users fell during the second quarter. It’s the latest technology company to have its stock drop after announcing discouraging user totals, joining Facebook, Twitter and Netflix.

Match Group, the parent of online dating companies including Match.com and OKCupid, bucked that trend. Its stock jumped 17.3 percent to $45.60 after Match reported big gains in subscribers, especially for Tinder. Its adjusted profit and revenue beat Wall Street projections.

Drugstore and pharmacy benefits manager CVS raised its annual profit forecast and rose 4.2 percent to $68.17. CVS said prescriptions sales grew, although it took a loss after it wrote down the value of its Omnicare pharmacy services business by almost $4 billion.

In April, construction equipment company Caterpillar said it doubted it would top its first-quarter profit for the rest of this year.

Investors were concerned that that might hold true for the rest of corporate America, but so far it hasn’t.

A month ago analysts expected the companies of the S&P 500 to earn $160.32 per share in 2018. That’s risen by almost a dollar, to $161.29 a share. Their estimates for 2019 have risen by a bit more than a dollar, to $177.52 a share from $176.38.

Twinkie maker Hostess Brands plunged 17.6 percent to $11.49 after it said its results were hurt by cuts in promotional support and inventory from a major retailer and higher costs, including for transportation.

Pizza maker Papa John’s fell 5.2 percent to $38.94 after it said North American sales fell again. The company also cut its forecasts for the year. Papa John’s is in a public spat it with founder John Schnatter, who was ousted as chairman in July after a report he used a racial slur in a conference call.

Domino’s, a rival pizza delivery company, climbed 3.4 percent to $286.92.

Walt Disney fell 2.2 percent to $113.98 after the entertainment company’s profit and revenue fell short of analysts’ estimates.

Cars.com and Avis Budget Group both sank after cutting their sales forecasts. Rental car company Avis skidded 15.2 percent to $32.85 while Cars.com, an online auto marketplace, dipped 2.6 percent to $27.29.

Struggling rival Hertz jumped 24 percent Tuesday after a better-than-expected quarterly report. Hertz fell 7.3 percent to $18.11 Wednesday.

Bond prices turned higher. The yield on the 10-year Treasury note fell to 2.96 percent from 2.97 percent.

In other commodities trading, wholesale gasoline fell 4 percent to $2.02 gallon. Heating oil lost 2.5 percent to $2.12 a gallon. Natural gas rose 1.8 percent to $2.95 per 1,000 cubic feet.

Gold rose 0.2 percent to $1,221 an ounce. Silver gained 0.4 percent to $15.43 an ounce. Copper remained at $2.75 a pound.

The dollar fell to 110.96 yen from 111.43. The euro inched up to $1.1619 from $1.1594.

The German DAX fell 0.1 percent and France’s CAC 40 lost 0.4 percent. In Britain, the FTSE 100 index rose 0.8 percent.

Japan’s Nikkei 225 index gave up early gains and closed 0.1 percent lower. Hong Kong’s Hang Seng index added 0.4 percent while South Korea’s Kospi edged 0.1 percent higher.

By MARLEY JAY ,Associated Press ____

[famousobservationbouquetme]

Metal Recycling Market 2017: Trends, Size, Share, Growth and Forecast 2022

Market Scenario:

Metal Recycling is the method of using the scrap metals with the objective of building brand new metallic products. Metal production costs are reduced drastically when scrap metal is recycled. The increasing awareness of the efficient utilization of natural resources is expected to drive the demand for Metal Recycling Market.

On the basis of metal type, ferrous metal is dominating the Metal Recycling Market. The growth can be attributed to the increased recycling rate and the high scrap consumption. On the basis of applications, electronics segment has the largest market share in the metal recycling market. All electronics contain high valued metals such as lead, copper and aluminum and the recycling of such substances ensures the conservation of natural resources. Therefore, electronics is the largest growing segment in the market. Global Metal Recycling Market is expected to cross USD 400 billion mark by the end of 2022. Also it is expected to grow at approximately 7% CAGR.

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Study Objectives of Metal recycling market

To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Metal Recycling Market

To provide insights about factors affecting the market growth

To Analyse the Global Metal Recycling Market based on various factors such as supply chain analysis, and Porter’s five force analysis

To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries

To provide country level analysis of the market with respect to the current market size and future prospective

To provide country level analysis of the market for segments by metal type, equipment, by application and by region

To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market

To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Metal Recycling Market.

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Key Players:

The key players of Metal Recycling Market are ArcelorMittal (Luxembourg), Baosteel Group Corporation (China) European Metal Recycling Limited (U.K.), Nucor Corporation (U.S.), Aurubis AG (Germany), Commercial Metals Company (U.S.), Linde AG (Germany), Tata Steel Limited (India), Sims Metal Management Limited (U.S.), Dowa Holdings Co., Ltd. (Japan) and others.

Intended Audience:

Bearing manufacturers

Distributer & Supplier companies

End Users

consultants and Investment bankers

Government as well as Independent Regulatory Authorities

Key Points from Table of Contents:

8 Competitive Analysis

8.1    Introduction

8.2    Competitive Scenario

8.2.1    Market Share Analysis

8.2.2    Market Development Analysis

8.2.3    Metal type/Service Benchmarking

8.3    ArcelorMittal (Luxembourg)

8.3.1    Overview

8.3.2    Metal type/Service Offering

8.3.3    Strategy

8.4     Baosteel Group Corporation (China)

8.4.1    Overview

8.4.2    Metal type/Service Offering

8.4.3    Strategy

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About Market Research Future:

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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[jayu123-me]

Recycled Metal Market to Reach US$ 979 Billion by 2026

The recycled metal market was valued at US$ 713.44 Bn in 2017 is anticipated to expand at a CAGR of 3.5% during the forecast period, according to a new report published by Transparency Market Research (TMR)  titled ‘Recycled Metal Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’. Expansion in the recycled metal market is primarily driven by the increase in awareness about energy conservation through secondary production of metals, i.e. metal recycling. Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint.

Energy Efficiency and Lower Greenhouse Gas Emissions in Metal Recycling to Drive Market Growth

A large amount of energy is required for the extraction of metal from ores. Energy consumed in metal production accounts for approximately 8.3% of the global energy consumption. Furthermore, the extraction process leads to the emission of greenhouse gases. The primary production of metals entails extraction of metals from metal ores, while secondary production involves the preparation of metals from scrap collection.

Primary production of ferrous metals entails the reduction of iron oxide to iron by reducing agents such as coke, coal, and natural gas. The reduction takes place at a high temperature and entails high energy. However, the electric arc furnace (EAF) process is used in the secondary production of steel from scrap. The process consumes considerably less amount of energy. Thus, the energy requirement for primary production of ferrous metals is significantly higher than that for secondary production. Therefore, secondary production of ferrous metals through recycled metal leads to cost reduction.

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https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11726

Production of 100 kilo tons of aluminum from bauxite ore requires 4,700 terra joules of energy. Production of other non-ferrous metals such as copper, lead, nickel, tin, and zinc also entails significant amount of energy. Furthermore, the extraction process results in the emission of greenhouse gases. However, non-ferrous metals can be produced from scrap metal sources through a cost-effective method that consumes significantly low amount of energy. The emission of carbon dioxide is reduced during the secondary production of non-ferrous metals.

Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint. Recycled metal is projected to help industry players achieve their sustainability goals in the near future. This, in turn, is estimated to propel the recycled metal market in the next few years.

Rise in E-waste Generation to Boost Recycled Metal Market

Generation of e-waste has increased significantly over the last few years. Constant innovation in the electronics industry has resulted in digital revolution. Changing demands of consumers and constant improvement in technology are driving the electrical and electronic goods market. As a result, electronic goods with conventional technology are being replaced with new devices with improved technology. This, in turn, is driving the production of waste from discarded electronic and electrical equipment.

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A well-designed and effective recycling system can encourage the reuse of electronic waste. Electronic waste management systems help prevent the loss of precious metals and lower the emission of greenhouse gases. Led by the rise in awareness about environmental concerns, governments of developed and developing countries are focusing on recycling of electronic waste to encourage resource conservation.

The rate of metal recycling from e-waste is anticipated to increase substantially in the next few years in order to meet the rise in demand for metals in several end-user industries. Thus, e-waste is expected to be the most promising source of recycled metal, considering the significant increase in e-waste generation and rise in demand for metal.

Demand for various ferrous, non-ferrous, and precious metals in construction, automotive, and electronic industries is likely to increase significantly in the near future. Thus, recycled metal is estimated to be a lucrative end-user of the global e-waste market during the forecast period.

Regional Perspective of Recycled Metal Market

In terms of revenue and volume, Asia Pacific constituted significant share of the recycled metal market in 2017. Expansion in automotive and building & construction (especially new construction) industries is estimated to provide lucrative opportunities to the market during the forecast period. Asia Pacific is anticipated to be a highly attractive region of the global market, with growth potential being exhibited by China, India, and ASEAN countries such as Indonesia, Malaysia, and Singapore. Japan South Korea, Australia, and New Zealand are some the mature countries of the recycled metal market in Asia Pacific.

Europe followed Asia Pacific in terms of revenue and volume in 2017. This trend is anticipated to continue during the forecast period. The overall recycling rates in EU-28 countries for various metals are high compared to that in Rest of Europe. Domestic and imported scrap is utilized in Europe, which contributes to the market share held by the region.

The U.S. accounts for significant share of the market in North America. Metal recycling is an established market in the region. Automotive, shipbuilding, and industrial machinery end-users constitute large share of the demand for recycled metal. North America is also one of the leading producers of recycled metal.

High Degree of Competition Exists Among Established Players

Players of different sizes and shares operate in the global recycled metal market. High intensity of competition is likely to exist among established players due to their integrated value chain. Exit barriers are high owing to the high fixed costs and large capital investment made at the initial stage. This, in turn, intensifies rivalry among market players.

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[cooldelicatebouquetrunaway-blog]

Global Metal Recycling Market Information Report by Metal Type (Ferrous, and Non-Ferrous), by Equipment (Shredders, Granulating Machines and others), by Application (Electronics, Construction, Shipbuilding, Automotive, and Others) and by Region - Global Forecast To 2022

Market Scenario

Metal recycling is the method of using the scrap metals with the objective of building brand new metallic products. Metal production costs are reduced drastically when scrap metal is recycled. The increasing awareness of the efficient utilization of natural resources is expected to drive the demand for metal recycling market.

On the basis of metal type, ferrous metal is dominating the metal recycling market. The growth can be attributed to the increased recycling rate and the high scrap consumption. On the basis of applications, electronics segment has the largest market share in the metal recycling market. All electronics contain high valued metals such as lead, copper and aluminum and the recycling of such substances ensures the conservation of natural resources. Therefore, electronics is the largest growing segment in the market. Global metal recycling market is expected to cross USD 400 billion mark by the end of 2022. Also it is expected to grow at approximately 7% CAGR.

Study Objectives of Metal recycling market

·         To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Metal recycling market

·         To provide insights about factors affecting the market growth

·         To Analyse the Global Metal recycling market based on various factors such as supply chain analysis, and Porter’s five force analysis

·         To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries

·         To provide country level analysis of the market with respect to the current market size and future prospective

·         To provide country level analysis of the market for segments by metal type, equipment, by application and by region

·         To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market

·         To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Metal Recycling Market

 Market Segmentation

Regional Analysis of Metal recycling market

The metal recycling market can be geographically segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). Asia-Pacific is expected to dominate the global metal recycling market due to the continuous economic growth of the region and the rise in GDP of nations such as India and Singapore among others have led to the growth of the automotive and construction industry. This contributes to the growth of the  metal recycling market in the region.

Key Players

The key players of metal recycling market are ArcelorMittal (Luxembourg), Baosteel Group Corporation (China) European Metal Recycling Limited (U.K.), Nucor Corporation (U.S.), Aurubis AG (Germany), Commercial Metals Company (U.S.), Linde AG (Germany), Tata Steel Limited (India), Sims Metal Management Limited (U.S.),Dowa Holdings Co., Ltd. (Japan) and others.

Intended Audience

·         Bearing manufacturers

·         Distributer & Supplier companies

·         End Users

·         consultants and Investment bankers

·         Government as well as Independent Regulatory Authorities

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Recycled Metal Market to Reach US$ 979 Billion by 2026

The recycled metal market was valued at US$ 713.44 Bn in 2017 is anticipated to expand at a CAGR of 3.5% during the forecast period, according to a new report published by Transparency Market Research (TMR)  titled ‘Recycled Metal Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’. Expansion in the recycled metal market is primarily driven by the increase in awareness about energy conservation through secondary production of metals, i.e. metal recycling. Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint.

Energy Efficiency and Lower Greenhouse Gas Emissions in Metal Recycling to Drive Market Growth

A large amount of energy is required for the extraction of metal from ores. Energy consumed in metal production accounts for approximately 8.3% of the global energy consumption. Furthermore, the extraction process leads to the emission of greenhouse gases. The primary production of metals entails extraction of metals from metal ores, while secondary production involves the preparation of metals from scrap collection.

Primary production of ferrous metals entails the reduction of iron oxide to iron by reducing agents such as coke, coal, and natural gas. The reduction takes place at a high temperature and entails high energy. However, the electric arc furnace (EAF) process is used in the secondary production of steel from scrap. The process consumes considerably less amount of energy. Thus, the energy requirement for primary production of ferrous metals is significantly higher than that for secondary production. Therefore, secondary production of ferrous metals through recycled metal leads to cost reduction.

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https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11726

Production of 100 kilo tons of aluminum from bauxite ore requires 4,700 terra joules of energy. Production of other non-ferrous metals such as copper, lead, nickel, tin, and zinc also entails significant amount of energy. Furthermore, the extraction process results in the emission of greenhouse gases. However, non-ferrous metals can be produced from scrap metal sources through a cost-effective method that consumes significantly low amount of energy. The emission of carbon dioxide is reduced during the secondary production of non-ferrous metals.

Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint. Recycled metal is projected to help industry players achieve their sustainability goals in the near future. This, in turn, is estimated to propel the recycled metal market in the next few years.

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https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=11726

Rise in E-waste Generation to Boost Recycled Metal Market

Generation of e-waste has increased significantly over the last few years. Constant innovation in the electronics industry has resulted in digital revolution. Changing demands of consumers and constant improvement in technology are driving the electrical and electronic goods market. As a result, electronic goods with conventional technology are being replaced with new devices with improved technology. This, in turn, is driving the production of waste from discarded electronic and electrical equipment.

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https://www.transparencymarketresearch.com/checkout.php?rep_id=11726&ltype=S

A well-designed and effective recycling system can encourage the reuse of electronic waste. Electronic waste management systems help prevent the loss of precious metals and lower the emission of greenhouse gases. Led by the rise in awareness about environmental concerns, governments of developed and developing countries are focusing on recycling of electronic waste to encourage resource conservation.

The rate of metal recycling from e-waste is anticipated to increase substantially in the next few years in order to meet the rise in demand for metals in several end-user industries. Thus, e-waste is expected to be the most promising source of recycled metal, considering the significant increase in e-waste generation and rise in demand for metal.

Demand for various ferrous, non-ferrous, and precious metals in construction, automotive, and electronic industries is likely to increase significantly in the near future. Thus, recycled metal is estimated to be a lucrative end-user of the global e-waste market during the forecast period.

More Trending Reports by Transparency Market Research –

https://www.prnewswire.com/news-releases/global-reusable-water-bottles-market-to-touch-a-value-of-us-11-bn-by-the-end-of-2027-transparency-market-research-301024699.html

Regional Perspective of Recycled Metal Market

In terms of revenue and volume, Asia Pacific constituted significant share of the recycled metal market in 2017. Expansion in automotive and building & construction (especially new construction) industries is estimated to provide lucrative opportunities to the market during the forecast period. Asia Pacific is anticipated to be a highly attractive region of the global market, with growth potential being exhibited by China, India, and ASEAN countries such as Indonesia, Malaysia, and Singapore. Japan South Korea, Australia, and New Zealand are some the mature countries of the recycled metal market in Asia Pacific.

Europe followed Asia Pacific in terms of revenue and volume in 2017. This trend is anticipated to continue during the forecast period. The overall recycling rates in EU-28 countries for various metals are high compared to that in Rest of Europe. Domestic and imported scrap is utilized in Europe, which contributes to the market share held by the region.

The U.S. accounts for significant share of the market in North America. Metal recycling is an established market in the region. Automotive, shipbuilding, and industrial machinery end-users constitute large share of the demand for recycled metal. North America is also one of the leading producers of recycled metal.

High Degree of Competition Exists Among Established Players

Players of different sizes and shares operate in the global recycled metal market. High intensity of competition is likely to exist among established players due to their integrated value chain. Exit barriers are high owing to the high fixed costs and large capital investment made at the initial stage. This, in turn, intensifies rivalry among market players.

[jayu123-me]

Recycled Metal Market to Reach US$ 979 Billion by 2026

The recycled metal market was valued at US$ 713.44 Bn in 2017 is anticipated to expand at a CAGR of 3.5% during the forecast period, according to a new report published by Transparency Market Research (TMR)  titled ‘Recycled Metal Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’. Expansion in the recycled metal market is primarily driven by the increase in awareness about energy conservation through secondary production of metals, i.e. metal recycling. Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint.

Energy Efficiency and Lower Greenhouse Gas Emissions in Metal Recycling to Drive Market Growth

A large amount of energy is required for the extraction of metal from ores. Energy consumed in metal production accounts for approximately 8.3% of the global energy consumption. Furthermore, the extraction process leads to the emission of greenhouse gases. The primary production of metals entails extraction of metals from metal ores, while secondary production involves the preparation of metals from scrap collection.

Primary production of ferrous metals entails the reduction of iron oxide to iron by reducing agents such as coke, coal, and natural gas. The reduction takes place at a high temperature and entails high energy. However, the electric arc furnace (EAF) process is used in the secondary production of steel from scrap. The process consumes considerably less amount of energy. Thus, the energy requirement for primary production of ferrous metals is significantly higher than that for secondary production. Therefore, secondary production of ferrous metals through recycled metal leads to cost reduction.

Request PDF Brochure –

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11726

Production of 100 kilo tons of aluminum from bauxite ore requires 4,700 terra joules of energy. Production of other non-ferrous metals such as copper, lead, nickel, tin, and zinc also entails significant amount of energy. Furthermore, the extraction process results in the emission of greenhouse gases. However, non-ferrous metals can be produced from scrap metal sources through a cost-effective method that consumes significantly low amount of energy. The emission of carbon dioxide is reduced during the secondary production of non-ferrous metals.

Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint. Recycled metal is projected to help industry players achieve their sustainability goals in the near future. This, in turn, is estimated to propel the recycled metal market in the next few years.

REQUEST FOR COVID19 IMPACT ANALYSIS –

https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=11726

Rise in E-waste Generation to Boost Recycled Metal Market

Generation of e-waste has increased significantly over the last few years. Constant innovation in the electronics industry has resulted in digital revolution. Changing demands of consumers and constant improvement in technology are driving the electrical and electronic goods market. As a result, electronic goods with conventional technology are being replaced with new devices with improved technology. This, in turn, is driving the production of waste from discarded electronic and electrical equipment.

Buy Now :

https://www.transparencymarketresearch.com/checkout.php?rep_id=11726&ltype=S

A well-designed and effective recycling system can encourage the reuse of electronic waste. Electronic waste management systems help prevent the loss of precious metals and lower the emission of greenhouse gases. Led by the rise in awareness about environmental concerns, governments of developed and developing countries are focusing on recycling of electronic waste to encourage resource conservation.

The rate of metal recycling from e-waste is anticipated to increase substantially in the next few years in order to meet the rise in demand for metals in several end-user industries. Thus, e-waste is expected to be the most promising source of recycled metal, considering the significant increase in e-waste generation and rise in demand for metal.

Demand for various ferrous, non-ferrous, and precious metals in construction, automotive, and electronic industries is likely to increase significantly in the near future. Thus, recycled metal is estimated to be a lucrative end-user of the global e-waste market during the forecast period.

More Trending Reports by Transparency Market Research –

https://www.prnewswire.com/news-releases/global-reusable-water-bottles-market-to-touch-a-value-of-us-11-bn-by-the-end-of-2027-transparency-market-research-301024699.html

Regional Perspective of Recycled Metal Market

In terms of revenue and volume, Asia Pacific constituted significant share of the recycled metal market in 2017. Expansion in automotive and building & construction (especially new construction) industries is estimated to provide lucrative opportunities to the market during the forecast period. Asia Pacific is anticipated to be a highly attractive region of the global market, with growth potential being exhibited by China, India, and ASEAN countries such as Indonesia, Malaysia, and Singapore. Japan South Korea, Australia, and New Zealand are some the mature countries of the recycled metal market in Asia Pacific.

Europe followed Asia Pacific in terms of revenue and volume in 2017. This trend is anticipated to continue during the forecast period. The overall recycling rates in EU-28 countries for various metals are high compared to that in Rest of Europe. Domestic and imported scrap is utilized in Europe, which contributes to the market share held by the region.

The U.S. accounts for significant share of the market in North America. Metal recycling is an established market in the region. Automotive, shipbuilding, and industrial machinery end-users constitute large share of the demand for recycled metal. North America is also one of the leading producers of recycled metal.

High Degree of Competition Exists Among Established Players

Players of different sizes and shares operate in the global recycled metal market. High intensity of competition is likely to exist among established players due to their integrated value chain. Exit barriers are high owing to the high fixed costs and large capital investment made at the initial stage. This, in turn, intensifies rivalry among market players.

[jayu123-me]

Impact of COVID-19 on Recycled Metal Market

The recycled metal market was valued at US$ 713.44 Bn in 2017 is anticipated to expand at a CAGR of 3.5% during the forecast period, according to a new report published by Transparency Market Research (TMR)  titled ‘Recycled Metal Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’. Expansion in the recycled metal market is primarily driven by the increase in awareness about energy conservation through secondary production of metals, i.e. metal recycling. Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint.

Energy Efficiency and Lower Greenhouse Gas Emissions in Metal Recycling to Drive Market Growth

A large amount of energy is required for the extraction of metal from ores. Energy consumed in metal production accounts for approximately 8.3% of the global energy consumption. Furthermore, the extraction process leads to the emission of greenhouse gases. The primary production of metals entails extraction of metals from metal ores, while secondary production involves the preparation of metals from scrap collection.

Primary production of ferrous metals entails the reduction of iron oxide to iron by reducing agents such as coke, coal, and natural gas. The reduction takes place at a high temperature and entails high energy. However, the electric arc furnace (EAF) process is used in the secondary production of steel from scrap. The process consumes considerably less amount of energy. Thus, the energy requirement for primary production of ferrous metals is significantly higher than that for secondary production. Therefore, secondary production of ferrous metals through recycled metal leads to cost reduction.

Request PDF Brochure –

Production of 100 kilo tons of aluminum from bauxite ore requires 4,700 terra joules of energy. Production of other non-ferrous metals such as copper, lead, nickel, tin, and zinc also entails significant amount of energy. Furthermore, the extraction process results in the emission of greenhouse gases. However, non-ferrous metals can be produced from scrap metal sources through a cost-effective method that consumes significantly low amount of energy. The emission of carbon dioxide is reduced during the secondary production of non-ferrous metals.

Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint. Recycled metal is projected to help industry players achieve their sustainability goals in the near future. This, in turn, is estimated to propel the recycled metal market in the next few years.

Rise in E-waste Generation to Boost Recycled Metal Market

Generation of e-waste has increased significantly over the last few years. Constant innovation in the electronics industry has resulted in digital revolution. Changing demands of consumers and constant improvement in technology are driving the electrical and electronic goods market. As a result, electronic goods with conventional technology are being replaced with new devices with improved technology. This, in turn, is driving the production of waste from discarded electronic and electrical equipment.

REQUEST FOR COVID19 IMPACT ANALYSIS –

A well-designed and effective recycling system can encourage the reuse of electronic waste. Electronic waste management systems help prevent the loss of precious metals and lower the emission of greenhouse gases. Led by the rise in awareness about environmental concerns, governments of developed and developing countries are focusing on recycling of electronic waste to encourage resource conservation.

The rate of metal recycling from e-waste is anticipated to increase substantially in the next few years in order to meet the rise in demand for metals in several end-user industries. Thus, e-waste is expected to be the most promising source of recycled metal, considering the significant increase in e-waste generation and rise in demand for metal.

Demand for various ferrous, non-ferrous, and precious metals in construction, automotive, and electronic industries is likely to increase significantly in the near future. Thus, recycled metal is estimated to be a lucrative end-user of the global e-waste market during the forecast period.

Regional Perspective of Recycled Metal Market

In terms of revenue and volume, Asia Pacific constituted significant share of the recycled metal market in 2017. Expansion in automotive and building & construction (especially new construction) industries is estimated to provide lucrative opportunities to the market during the forecast period. Asia Pacific is anticipated to be a highly attractive region of the global market, with growth potential being exhibited by China, India, and ASEAN countries such as Indonesia, Malaysia, and Singapore. Japan South Korea, Australia, and New Zealand are some the mature countries of the recycled metal market in Asia Pacific.

Europe followed Asia Pacific in terms of revenue and volume in 2017. This trend is anticipated to continue during the forecast period. The overall recycling rates in EU-28 countries for various metals are high compared to that in Rest of Europe. Domestic and imported scrap is utilized in Europe, which contributes to the market share held by the region.

The U.S. accounts for significant share of the market in North America. Metal recycling is an established market in the region. Automotive, shipbuilding, and industrial machinery end-users constitute large share of the demand for recycled metal. North America is also one of the leading producers of recycled metal.

High Degree of Competition Exists Among Established Players

Players of different sizes and shares operate in the global recycled metal market. High intensity of competition is likely to exist among established players due to their integrated value chain. Exit barriers are high owing to the high fixed costs and large capital investment made at the initial stage. This, in turn, intensifies rivalry among market players.

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