PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1266616
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1266616
Global Ferrous Scrap Recycling Market Size study & Forecast, by Sector (Construction, Automotive, Consumer Goods, Industrial Goods) and Regional Analysis, 2022-2029
Global Ferrous Scrap Recycling Market is valued at approximately USD 138.3 million in 2021 and is anticipated to grow with a healthy growth rate of more than 3.8% over the forecast period 2022-2029. Ferrous scrap is a type of scrap metal that contains some quantity of iron. ferrous scrap recycling refers to a technique for recycling scrap metal by removing metals from items that are nearing or at the end of the product life cycle. Also, these are used as raw materials to create new products. The process involves several processes, including gathering scrap metal from yards, collecting the metals and putting them through a radiation detector, shearing, shredding, separating ferrous elements first using media separation, and baling. Factors such as rising emphasis on reducing carbon emission, the surge in demand for recycled steel, and increasing awareness programs for sustainable waste management are the major prominent factors that are acting as catalyzing factors for the market demand around the world.
In addition, the market expansion is anticipated to be driven by the imposition of effective government initiatives to reduce carbon emissions. For instance, in October 2021, the U.S. and EU announced the first sectoral agreement based on emissions for steel and aluminium by 2024. Under this agreement, both countries are working together to limit access to countries that dump steel in both markets and to impose restrictions on the import of dirty steel. By increasing steel output through EAF, this project is anticipated to have a favorable impact on the ferrous scrap recycling market. Moreover, various emerging prospects in underdeveloped and developing countries, as well as growing environmental concerns are presenting various lucrative opportunities over the forecasting years. However, the stringent regulations and unorganized collection of metal waste in developing countries are challenging the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Ferrous Scrap Recycling Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing development of the recycling industry, along with the rising government initiatives and implementation of several policies. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the various automotive companies investing in setting up recycling centres, as well as growing preference towards electric arc furnaces (EAF) in the market space.
Major market players included in this report are:
- American Iron & Metal Company Inc.
- European Metal Recycling Ltd.
- Innovative Metal Recycling GmbH
- OmniSource, LLC
- Sims Limited
- SA Recycling LLC
- Schnitzer Steel Industries, Inc.
- Rudolf Schuy GmbH & Co. KG
- TSR Recycling GmbH & Co. KG
- Ward Recycling Ltd, Inc.
Recent Developments in the Market:
- In August 2020, Tata Steel's recycling division introduced the FerroHatt smartphone app to help customers find ferrous trash from dealers. With the introduction of this new mobile application, the company has made a significant step toward organizing the ferrous scrap market in India and providing the steel industry with a reliable source of scrap metals.
Global Ferrous Scrap Recycling Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Sector, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Sector:
- Construction
- Automotive
- Consumer Goods
- Industrial Goods
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Ferrous Scrap Recycling Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Ferrous Scrap Recycling Market, by Sector, 2019-2029 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Ferrous Scrap Recycling Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Ferrous Scrap Recycling Market Dynamics
- 3.1. Ferrous Scrap Recycling Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Imposition of effective government initiatives to reduce carbon emissions
- 3.1.1.2. Surge in demand for recycled steel
- 3.1.2. Market Challenges
- 3.1.2.1. Stringent regulations
- 3.1.2.2. Unorganized collection of metal waste in developing countries
- 3.1.3. Market Opportunities
- 3.1.3.1. Various emerging prospects in underdeveloped and developing countries
- 3.1.3.2. Growing environmental concerns
- 3.1.1. Market Drivers
Chapter 4. Global Ferrous Scrap Recycling Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Ferrous Scrap Recycling Market, by Sector
- 6.1. Market Snapshot
- 6.2. Global Ferrous Scrap Recycling Market by Sector, Performance - Potential Analysis
- 6.3. Global Ferrous Scrap Recycling Market Estimates & Forecasts by Sector 2019-2029 (USD Million)
- 6.4. Ferrous Scrap Recycling Market, Sub Segment Analysis
- 6.4.1. Construction
- 6.4.2. Automotive
- 6.4.3. Consumer Goods
- 6.4.4. Industrial Goods
Chapter 7. Global Ferrous Scrap Recycling Market, Regional Analysis
- 7.1. Ferrous Scrap Recycling Market, Regional Market Snapshot
- 7.2. North America Ferrous Scrap Recycling Market
- 7.2.1. U.S. Ferrous Scrap Recycling Market
- 7.2.1.1. Sector breakdown estimates & forecasts, 2019-2029
- 7.2.2. Canada Ferrous Scrap Recycling Market
- 7.2.1. U.S. Ferrous Scrap Recycling Market
- 7.3. Europe Ferrous Scrap Recycling Market Snapshot
- 7.3.1. U.K. Ferrous Scrap Recycling Market
- 7.3.2. Germany Ferrous Scrap Recycling Market
- 7.3.3. France Ferrous Scrap Recycling Market
- 7.3.4. Spain Ferrous Scrap Recycling Market
- 7.3.5. Italy Ferrous Scrap Recycling Market
- 7.3.6. Rest of Europe Ferrous Scrap Recycling Market
- 7.4. Asia-Pacific Ferrous Scrap Recycling Market Snapshot
- 7.4.1. China Ferrous Scrap Recycling Market
- 7.4.2. India Ferrous Scrap Recycling Market
- 7.4.3. Japan Ferrous Scrap Recycling Market
- 7.4.4. Australia Ferrous Scrap Recycling Market
- 7.4.5. South Korea Ferrous Scrap Recycling Market
- 7.4.6. Rest of Asia Pacific Ferrous Scrap Recycling Market
- 7.5. Latin America Ferrous Scrap Recycling Market Snapshot
- 7.5.1. Brazil Ferrous Scrap Recycling Market
- 7.5.2. Mexico Ferrous Scrap Recycling Market
- 7.5.3. Rest of Latin America Ferrous Scrap Recycling Market
- 7.6. Rest of The World Ferrous Scrap Recycling Market
Chapter 8. Competitive Intelligence
- 8.1. Top Market Strategies
- 8.2. Company Profiles
- 8.2.1. American Iron & Metal Company Inc.
- 8.2.1.1. Key Information
- 8.2.1.2. Overview
- 8.2.1.3. Financial (Subject to Data Availability)
- 8.2.1.4. Product Summary
- 8.2.1.5. Recent Developments
- 8.2.2. European Metal Recycling Ltd.
- 8.2.3. Innovative Metal Recycling GmbH
- 8.2.4. OmniSource, LLC
- 8.2.5. Sims Limited
- 8.2.6. SA Recycling LLC
- 8.2.7. Schnitzer Steel Industries, Inc.
- 8.2.8. Rudolf Schuy GmbH & Co. KG
- 8.2.9. TSR Recycling GmbH & Co. KG
- 8.2.10. Ward Recycling Ltd, Inc.
- 8.2.1. American Iron & Metal Company Inc.
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Ferrous Scrap Recycling Market, report scope
- TABLE 2. Global Ferrous Scrap Recycling Market estimates & forecasts by Region 2019-2029 (USD Million)
- TABLE 3. Global Ferrous Scrap Recycling Market estimates & forecasts by Sector 2019-2029 (USD Million)
- TABLE 4. Global Ferrous Scrap Recycling Market by segment, estimates & forecasts, 2019-2029 (USD Million)
- TABLE 5. Global Ferrous Scrap Recycling Market by region, estimates & forecasts, 2019-2029 (USD Million)
- TABLE 6. Global Ferrous Scrap Recycling Market by segment, estimates & forecasts, 2019-2029 (USD Million)
- TABLE 7. Global Ferrous Scrap Recycling Market by region, estimates & forecasts, 2019-2029 (USD Million)
- TABLE 8. Global Ferrous Scrap Recycling Market by segment, estimates & forecasts, 2019-2029 (USD Million)
- TABLE 9. Global Ferrous Scrap Recycling Market by region, estimates & forecasts, 2019-2029 (USD Million)
- TABLE 10. Global Ferrous Scrap Recycling Market by segment, estimates & forecasts, 2019-2029 (USD Million)
- TABLE 11. Global Ferrous Scrap Recycling Market by region, estimates & forecasts, 2019-2029 (USD Million)
- TABLE 12. Global Ferrous Scrap Recycling Market by segment, estimates & forecasts, 2019-2029 (USD Million)
- TABLE 13. Global Ferrous Scrap Recycling Market by region, estimates & forecasts, 2019-2029 (USD Million)
- TABLE 14. U.S. Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 15. U.S. Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 16. U.S. Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 17. Canada Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 18. Canada Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 19. Canada Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 20. UK Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 21. UK Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 22. UK Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 23. Germany Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 24. Germany Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 25. Germany Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 26. France Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 27. France Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 28. France Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 29. Italy Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 30. Italy Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 31. Italy Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 32. Spain Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 33. Spain Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 34. Spain Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 35. RoE Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 36. RoE Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 37. RoE Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 38. China Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 39. China Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 40. China Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 41. India Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 42. India Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 43. India Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 44. Japan Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 45. Japan Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 46. Japan Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 47. South Korea Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 48. South Korea Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 49. South Korea Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 50. Australia Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 51. Australia Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 52. Australia Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 53. RoAPAC Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 54. RoAPAC Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 55. RoAPAC Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 56. Brazil Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 57. Brazil Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 58. Brazil Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 59. Mexico Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 60. Mexico Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 61. Mexico Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 62. RoLA Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 63. RoLA Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 64. RoLA Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 65. Row Ferrous Scrap Recycling Market estimates & forecasts, 2019-2029 (USD Million)
- TABLE 66. Row Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 67. Row Ferrous Scrap Recycling Market estimates & forecasts by segment 2019-2029 (USD Million)
- TABLE 68. List of secondary sources, used in the study of global Ferrous Scrap Recycling Market
- TABLE 69. List of primary sources, used in the study of global Ferrous Scrap Recycling Market
- TABLE 70. Years considered for the study
- TABLE 71. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
List of figures
- FIG 1. Global Ferrous Scrap Recycling Market, research methodology
- FIG 2. Global Ferrous Scrap Recycling Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Ferrous Scrap Recycling Market, key trends 2021
- FIG 5. Global Ferrous Scrap Recycling Market, growth prospects 2022-2029
- FIG 6. Global Ferrous Scrap Recycling Market, porters 5 force model
- FIG 7. Global Ferrous Scrap Recycling Market, pest analysis
- FIG 8. Global Ferrous Scrap Recycling Market, value chain analysis
- FIG 9. Global Ferrous Scrap Recycling Market by segment, 2019 & 2029 (USD Million)
- FIG 10. Global Ferrous Scrap Recycling Market by segment, 2019 & 2029 (USD Million)
- FIG 11. Global Ferrous Scrap Recycling Market by segment, 2019 & 2029 (USD Million)
- FIG 12. Global Ferrous Scrap Recycling Market by segment, 2019 & 2029 (USD Million)
- FIG 13. Global Ferrous Scrap Recycling Market by segment, 2019 & 2029 (USD Million)
- FIG 14. Global Ferrous Scrap Recycling Market, regional snapshot 2019 & 2029
- FIG 15. North America Ferrous Scrap Recycling Market 2019 & 2029 (USD Million)
- FIG 16. Europe Ferrous Scrap Recycling Market 2019 & 2029 (USD Million)
- FIG 17. Asia pacific Ferrous Scrap Recycling Market 2019 & 2029 (USD Million)
- FIG 18. Latin America Ferrous Scrap Recycling Market 2019 & 2029 (USD Million)
- FIG 19. Global Ferrous Scrap Recycling Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
