Global Vehicle Recycling Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Vehicle Recycling Market is presumed to reach the market size of nearly USD 279.12 Billion by 2032 from USD 92.18 Billion in 2023 with a CAGR of 13.1% under the study period 2024 - 2032.

Vehicle recycling is dismantling and processing end-of-life vehicles to recover valuable materials & minimize environmental impact. It involves several steps: first, hazardous substances like fluids and batteries are safely removed. Next, the vehicle is disassembled to extract reusable parts, such as engines and transmissions. The remaining vehicle is then shredded, and materials like metals and plastics are sorted for recycling. This process reduces landfill waste, conserves natural resources, and supports the circular economy by reintroducing recovered materials into the production cycle. Recycling of vehicles helps mitigate environmental pollution and promotes sustainable resource management.

Market Dynamics

The propelling emphasis on environmental sustainability & regulatory compliance influences the vehicle recycling market. Governments worldwide are implementing stringent regulations to ensure the proper disposal of end-of-life vehicles (ELVs) and to promote recycling practices. These regulations encourage automotive manufacturers and recycling facilities to adopt eco-friendly practices, driving the market growth. Another significant driver is the rising awareness among consumers about the environmental impact of waste & the benefits of recycling. As consumers become more environmentally conscious, they are more likely to choose recycling options for their vehicles, which supports market expansion. Technological advancements bolster opportunities in the vehicle recycling market. Innovations in recycling technologies, such as improved shredding and sorting systems, enhance the efficiency and effectiveness of material recovery.

Additionally, the development of new processes for recycling complex materials, like electronic components and advanced composites, opens up new avenues for vehicle recycling market growth. The increasing demand for recycled materials in manufacturing industries presents another opportunity. Recycled metals, plastics, and other components are valuable resources for producing new products, reducing the need for virgin materials and supporting circular economy principles. However, the high costs of advanced recycling technologies and the complexity of recycling certain vehicle components can restrain market growth.

The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.

Additionally, these tools also give inclusive assessment of each application/product segment in the global market of vehicle recycling.

Market Segmentation

The entire vehicle recycling market has been sub-categorized into type, material and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.

By Type

Passenger Cars Recycling
Commercial Vehicles Recycling

By Component Type

Engine and Transmission
Battery
Doors
Windshield
Tires
BIW
Others

By Material

Iron
Aluminium
Steel
Rubber
Copper
Glass
Plastic
Others

By Application

OEMs
Aftermarket
Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for vehicle recycling market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Vehicle Recycling market include Ampthill Metal Company, ASM Auto Recycling Ltd., Auto Spares & Salvage Limited, CarTakeBack.com Limited, Charles Trent Ltd., Copart UK Ltd., Go Green Vehicle Recycling & Recovery Ltd., LJC Auto Spares Ltd, Motorhog Ltd., Norfolk Salvage, Overton Garage Limited, Recycling Lives Limited. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11211520

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. VEHICLE RECYCLING - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Component Type
- 3.7.3 Market Attractiveness Analysis By Material
- 3.7.4 Market Attractiveness Analysis By Application
- 3.7.5 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL VEHICLE RECYCLING MARKET ANALYSIS BY TYPE

5.1. Overview By Type
5.2. Historical and Forecast Data
5.3. Analysis By Type
5.4. Passenger Cars Recycling Historic and Forecast Sales By Regions
5.5. Commercial Vehicles Recycling Historic and Forecast Sales By Regions

6. GLOBAL VEHICLE RECYCLING MARKET ANALYSIS BY COMPONENT TYPE

6.1. Overview By Component Type
6.2. Historical and Forecast Data
6.3. Analysis By Component Type
6.4. Engine and Transmission Historic and Forecast Sales By Regions
6.5. Battery Historic and Forecast Sales By Regions
6.6. Doors Historic and Forecast Sales By Regions
6.7. Windshield Historic and Forecast Sales By Regions
6.8. Tires Historic and Forecast Sales By Regions
6.9. BIW Historic and Forecast Sales By Regions
6.10. Others Historic and Forecast Sales By Regions

7. GLOBAL VEHICLE RECYCLING MARKET ANALYSIS BY MATERIAL

7.1. Overview By Material
7.2. Historical and Forecast Data
7.3. Analysis By Material
7.4. Iron Historic and Forecast Sales By Regions
7.5. Aluminium Historic and Forecast Sales By Regions
7.6. Steel Historic and Forecast Sales By Regions
7.7. Rubber Historic and Forecast Sales By Regions
7.8. Copper Historic and Forecast Sales By Regions
7.9. Glass Historic and Forecast Sales By Regions
7.10. Plastic Historic and Forecast Sales By Regions
7.11. Others Historic and Forecast Sales By Regions

8. GLOBAL VEHICLE RECYCLING MARKET ANALYSIS BY APPLICATION

8.1. Overview By Application
8.2. Historical and Forecast Data
8.3. Analysis By Application
8.4. OEMs Historic and Forecast Sales By Regions
8.5. Aftermarket Historic and Forecast Sales By Regions

9. GLOBAL VEHICLE RECYCLING MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis

10. COMPETITIVE LANDSCAPE OF THE VEHICLE RECYCLING COMPANIES

10.1. Vehicle Recycling Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11. COMPANY PROFILES OF VEHICLE RECYCLING INDUSTRY

11.1. Top Companies Market Share Analysis
11.2. Market Concentration Rate
11.3. Ampthill Metal Company
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
11.4. ASM Auto Recycling Ltd.
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
11.5. Auto Spares & Salvage Limited
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
11.6. CarTakeBack.Com Limited
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
11.7. Charles Trent Ltd.
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
11.8. Copart UK Ltd.
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
11.9. Go Green Vehicle Recycling & Recovery Ltd.
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
11.10. LJC Auto Spares Ltd
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
11.11. Motorhog Ltd.
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments
11.12. Norfolk Salvage
- 11.12.1 Company Overview
- 11.12.2 Company Revenue
- 11.12.3 Products
- 11.12.4 Recent Developments
11.13. Overton Garage Limited
- 11.13.1 Company Overview
- 11.13.2 Company Revenue
- 11.13.3 Products
- 11.13.4 Recent Developments
11.14. Recycling Lives Limited
- 11.14.1 Company Overview
- 11.14.2 Company Revenue
- 11.14.3 Products
- 11.14.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies