Recycled Metal Market Size, Share & Trends Analysis Report By Product (Copper, Steel, Aluminum), By Region (North America, Asia Pacific, Central & South America, Middle East & Africa, Europe), And Segment Forecasts, 2019 - 2025

Published: Oct, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The global recycled metal market demand is anticipated to reach 1,042.3 million tons by 2025, accelerating at a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc. The market for recycled product is majorly driven by growing concerns regarding environment and high energy consumption in primary metal production.

Scrap metal is the key raw material used in the secondary metal production. The challenges associated with primary production are anticipated to compel manufacturers to adopt secondary production. The challenges include high energy consumption, fluctuating raw material prices, concerns over depleting non-renewable resources, and high manufacturing costs.

Government initiatives concerning the use of recycled materials and proper waste disposal are further anticipated to boost the consumption of recycled metals. For instance, the medals at the 2020 Olympics will be made from e-waste. As per the organizing committee, the authorities, in March 2019, collected 30.3 kg of gold, 4.1 kg of silver, and 2.7 kg of bronze from 78,885 tons of discarded devices including mobile phones, digital cameras, handheld games, and laptops.

Steel forms a significant part of metal recycling. Steel producers globally are adopting the Electric Arc Furnace (EAF) technology at a rapid rate owing to low-cost production and reduced carbon dioxide emissions. For instance, crude steel production by the EAF process registered a growth rate of 4.7% from 2014 to 2018. The growth rate in 2017 and 2018 was 13.7% and 10.3%, respectively, which signifies the growing adoption rate of scrap or recycled steel in crude steel production.

Key market players such as CMC, European Metal Recycling, Norsk Hydro ASA, GFG Alliance, Novelis, and Tata Steel are engaged in capacity expansions and mergers & acquisitions. For instance, in July 2018, Novelis Inc. announced the acquisition of Aleris Corporation for USD 2.6 billion to develop a diverse portfolio, expand its geographical presence, and gain competitive advantage over other players. In January 2018, Metal Trade Comax Group acquired Oetinger Aluminium Group. The acquisition helped in increasing the company's annual production capacity from 30 thousands to 220 thousand tons.

Further key findings from the report suggest:

• Recycled steel accounted for a market volume share of 79.5% in 2018 in terms of volume owing to increasing steel production by EAF technology

• Asia Pacific market held a volume share of 55.2% in 2018 owing to increasing concerns regarding scrap utilization in countries such as India, which, in turn, is anticipated to drive the market for recycled metal

• Aluminum segment is anticipated to witness increasing consumption in automotive industry, which is propelling metal production

• Acquisitions are among the major strategic initiatives adopted by most of the market players.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                  2.1. Market Snapshot

Chapter 3. Recycled Metal Market Variables, Trends, & Scope
                  3.1. Global Recycled Metal Market Outlook
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Raw Material Outlook
                      3.3.2. Manufacturing Trends
                      3.3.3. Sales Channel Analysis
                  3.4. Regulatory Framework
                      3.4.1. Standard & Compliances
                      3.4.2. Safety
                  3.5. Market Dynamics
                      3.5.1. Market Driver Analysis
                      3.5.2. Market Restraint Analysis
                  3.6. Business Environment Analysis: Recycled Metal Market
                      3.6.1. Industry Analysis - Porter's
                      3.6.2. PESTEL Analysis

Chapter 4. Recycled Metal Market: Product Estimates & Trend Analysis
                  4.1. Definition & Scope
                  4.2. Product Movement Analysis & Market Share, 2018 & 2025
                  4.3. Market Size & Forecasts and Trend Analysis, 2014 to 2025
                      4.3.1. Steel
                          4.3.1.1. Market estimates & forecasts, by steel, 2014 - 2025 (Million tons) (USD Billion)
                      4.3.2. Aluminum
                          4.3.2.1. Market estimates & forecasts, by aluminum, 2014 - 2025 (Million tons) (USD Billion)
                      4.3.3. Copper
                          4.3.3.1. Market estimates & forecasts, by copper, 2014 - 2025 (Million tons) (USD Billion)
                      4.3.4. Other metals
                          4.3.4.1. Market estimates & forecasts, by other metals, 2014 - 2025 (Million tons) (USD Billion)

Chapter 5. Recycled Metal Market: Regional Estimates & Trend Analysis
                  5.1. Regional Market Snapshot
                  5.2. Market Size & Forecasts and Trend Analysis, 2014 to 2025
                      5.2.1. North America
                          5.2.1.1. Market estimates & forecasts, 2014 - 2025
                          5.2.1.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                          5.2.1.3. U.S.
                              5.2.1.3.1. Market estimates & forecasts, 2014 - 2025
                              5.2.1.3.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                      5.2.2. Europe
                          5.2.2.1. Market estimates & forecasts, 2014 - 2025
                          5.2.2.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                          5.2.2.3. Germany
                              5.2.2.3.1. Market estimates & forecasts, 2014 - 2025
                              5.2.2.3.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                          5.2.2.4. Russia
                              5.2.2.4.1. Market estimates & forecasts, 2014 - 2025
                              5.2.2.4.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                          5.2.2.5. Turkey
                              5.2.2.5.1. Market estimates & forecasts, 2014 - 2025
                              5.2.2.5.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                      5.2.3. Asia Pacific
                          5.2.3.1. Market estimates & forecasts, 2014 - 2025
                          5.2.3.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                          5.2.3.3. China
                              5.2.3.3.1. Market estimates & forecasts, 2014 - 2025
                              5.2.3.3.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                          5.2.3.4. Japan
                              5.2.3.4.1. Market estimates & forecasts, 2014 - 2025
                              5.2.3.4.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                          5.2.3.5. India
                              5.2.3.5.1. Market estimates & forecasts, 2014 - 2025
                              5.2.3.5.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                      5.2.4. Central & South America
                          5.2.4.1. Market estimates & forecasts, 2014 - 2025
                          5.2.4.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                          5.2.4.3. Brazil
                              5.2.4.3.1. Market estimates & forecasts, 2014 - 2025
                              5.2.4.3.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)
                      5.2.5. Middle East & Africa
                          5.2.5.1. Market estimates & forecasts, 2014 - 2025
                          5.2.5.2. Market estimates & forecasts, by product, 2014 - 2025 (Million tons) (USD Billion)

Chapter 6. Recycled Metal Market - Competitive Analysis
                  6.1. Key global players & recent developments & their impact on the industry
                  6.2. Key competition/company categorization (Key innovators, market leaders, emerging players)
                  6.3. Vendor Landscape
                      6.3.1. List of raw material suppliers and distributors
                      6.3.2. List of potential customers

Chapter 7. Company profiles
                  7.1. CMC
                      7.1.1. Company overview
                      7.1.2. Financial performance
                      7.1.3. Product benchmarking
                      7.1.4. Strategic initiatives
                  7.2. European Metal Recycling
                      7.2.1. Company overview
                      7.2.2. Product benchmarking
                      7.2.3. Strategic initiatives
                  7.3. GFG Alliance
                      7.3.1. Company overview
                      7.3.2. Product benchmarking
                      7.3.3. Strategic initiatives
                  7.4. Kimmel Scrap Iron & Metal Co., Inc.
                      7.4.1. Company overview
                      7.4.2. Product benchmarking
                      7.4.3. Strategic initiatives
                  7.5. Norsk Hydro ASA
                      7.5.1. Company overview
                      7.5.2. Financial performance
                      7.5.3. Product benchmarking
                      7.5.4. Strategic initiatives
                  7.6. Novelis
                      7.6.1. Company overview
                      7.6.2. Financial performance
                      7.6.3. Product benchmarking
                      7.6.4. Strategic initiatives
                  7.7. Schnitzer Steel Industries, Inc.
                      7.7.1. Company overview
                      7.7.2. Financial performance
                      7.7.3. Product benchmarking
                      7.7.4. Strategic initiatives
                  7.8. Sims Metal Management Limited
                      7.8.1. Company overview
                      7.8.2. Financial performance
                      7.8.3. Product benchmarking
                      7.8.4. Strategic initiatives
                  7.9. Tata Steel
                      7.9.1. Company overview
                      7.9.2. Financial Performance
                      7.9.3. Product benchmarking
                      7.9.4. Strategic initiatives
                  7.10. Utah Metal Works
                      7.10.1. Company overview
                      7.10.2. Product benchmarking
                      7.10.3. Strategic initiatives

List of Tables

Table 1. Steel recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 2. Aluminum recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 3. Copper recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 4. Other recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 5. North America recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 6. North America recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 7. North America recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 8. U.S. recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 9. U.S. recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 10. U.S. recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 11. Europe recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 12. Europe recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 13. Europe recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 14. Germany recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 15. Germany recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 16. Germany recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 17. Russia recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 18. Russia recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 19. Russia recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 20. Turkey recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 21. Turkey recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 22. Turkey recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 23. Asia Pacific recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 24. Asia Pacific recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 25. Asia Pacific recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 26. China recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 27. China recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 28. China recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 29. Japan recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 30. Japan recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 31. Japan recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 32. India recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 33. India recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 34. India recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 35. Central & South recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 36. Central & South America recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 37. Central & South America recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 38. Brazil recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 39. Brazil recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 40. Brazil recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)
Table 41. Middle East & Africa recycled metal market estimates and forecasts, 2014 - 2025 (Million tons) (USD Billion)
Table 42. Middle East & Africa recycled metal market estimates and forecasts, by product, 2014 - 2025 (Million tons)
Table 43. Middle East & Africa recycled metal market estimates and forecasts, by product, 2014 - 2025 (USD Billion)

List of Figures

Fig 1. Recycled metal market segmentation
Fig 2. Information procurement
Fig 3. Data analysis models
Fig 4. Market formulation and validation
Fig 5. Data validation & publishing
Fig 6. Recycled metal market snapshot
Fig 7. Global recycled metal market outlook, (2014 - 2025)
Fig 8. Recycled metal market value chain analysis
Fig 9. Recycled metal market driver relevance analysis (current & future impact)
Fig 10. Recycled metal market restraint relevance analysis (current & future impact)
Fig 11. Recycled metal market PESTEL analysis
Fig 12. Recycled metal market Porter's analysis
Fig 13. Recycled metal market: Product movement analysis, 2018 & 2025
Fig 14. Regional market snapshot
Fig 15. Recycled Metal market: Regional movement analysis, 2018 & 2025