Global Metal Recycling Market (2021-2027) | Size, Analysis, Growth, Forecast, Trends, Revenue, Value, Outlook & COVID-19 IMPACT

Latest 2023 Development of the Global Metal Recycling Market

The Global Metal Recycling market is experiencing rising government initiatives to promote metal recycling as a result of the growing concern about environmental degradation. For instance, the EU announced new regulations in 2020 that require member states to collect 77% of their plastic packaging waste by 2025, which is expected to drive metal recycling rates. Moreover, the demand for recycled metals has been increasing in various industries, including automotive, construction, and electronics. The growing adoption of electric vehicles has also created a demand for recycled metals, as they are essential components of EV batteries. Additionally, the metal recycling industry has seen significant technological advancements in recent years, including innovations in sorting and processing technologies. The development of advanced sorting technologies has enabled the recycling of metal waste that was previously difficult or impossible to recycle.

The Global Metal Recycling industry is witnessing increasing investments in the metal recycling industry, with several companies investing in research and development to improve the recycling process and increase efficiency. For example, in 2020, American Zinc Recycling invested $21 million in a new facility in Kentucky to recycle EAF dust, a hazardous waste generated by the steel industry. Additionally, the metal recycling industry has seen several mergers and acquisitions in recent years, with larger companies acquiring smaller ones to increase their market share and expand their operations. For instance, in 2019, Sims Metal Management, a global leader in metal recycling, acquired Morley Waste Traders Ltd., a UK-based metal recycling company. Further, the economic growth in developing countries is driving the demand for metals, which in turn is increasing the demand for recycled metals. Many developing countries are also investing in their metal recycling infrastructure to meet this demand.

Topics Covered in The Global Metal Recycling Market

Global Metal Recycling Market report thoroughly covers the market by type, production technology, and regions including Europe, Asia Pacific, North America, Latin America, the Middle East, and Africa, and key countries Global Metal Recycling Market report provides an unbiased and detailed analysis of the on-going Global paper notebook market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global Metal Recycling Market Synopsis

Global Metal Recycling Market is expected to witness growth owing to the increasing demand for metals coupled with a rising focus on the conservation of natural resources and reduction in greenhouse gas emissions. Factors such as an increase in population, awareness programs for sustainable waste management practices, laws and regulations enforced by governments, and increasing urbanization and industrialization are driving market growth. Though, unorganized metal waste collection in developing countries is restraining the Metal Recycling market growth. Moreover, public & private sector partnership helps establish a win-win situation opportunity for the metal recycling market.

According to 6Wresearch, Global Metal Recycling Market is anticipated to register growth during 2021-2027.  Increasing penetration towards environmental concerns has also contributed to the demand for recycled material which is further developing the Metal Recycling Industry. Moreover, rapid urbanization along with consumer spending in the development of residential infrastructure is also developing the growth of the market.

Global Metal Recycling Market, during the COVID-19 pandemic in 2020 faced a supply chain disruption, which resulted in a significant decline in metal production. Furthermore, there was a large contraction in demand owing to the slowdown of prominent end-use industries, such as construction and automotive. This is likely to affect the recycling industry in 2020. However, a sharp rebound is expected in 2021 as manufacturing operations are allowed to continue from the latter half of 2020.

Market Analysis by Regions

The Asia Pacific is the fastest-growing market for metal recycling due to its increasing economic growth. Metal production in Global is considerably smaller than in the Asia Pacific. However, the usage of recycled scrap for secondary metal production in Global is relatively higher.  The increasing urbanized population is boosting the Global market in North America. Increased awareness regarding the importance of waste management and resource efficiency is lowering the Global market in the Asia Pacific. Rapid industrialization will boost the Global market in Latin America and the Asia Pacific. The Rest of the World will witness steady growth in the global market in the coming future. However, the lack of a scrap collection zone is expected to hinder the growth of the Metal Recycling Market Share.

Key Highlights of the Report:

• Global Metal Recycling Market Outlook
• Market Size of Global Metal Recycling Market, 2020
• Forecast of Global Metal Recycling Market, 2027
• Historical Data and Forecast of Global Metal Recycling Revenues & Volume for the Period 2017 - 2027
• Global Metal Recycling Market Trend Evolution
• Global Metal Recycling Market Drivers and Challenges
• Global Metal Recycling Price Trends
• Global Metal Recycling Porter's Five Forces
• Global Metal Recycling Industry Life Cycle
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Metal Type for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Non-ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Metal Type for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Non-ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Metal Type for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Non-ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Metal Type for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Non-ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Metal Type for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Non-ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Metal Type for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Non-ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Metal Type for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Non-ferrous Metal for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Scrap Types for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Old Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By New Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Scrap Types for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Old Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By New Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Scrap Types for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Old Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By New Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Scrap Types for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Old Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By New Scrap for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Scrap Types for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Old Scrap for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By New Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Scrap Types for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Old Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By New Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Scrap Types for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Old Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By New Scrap for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Equipment Types for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Shears for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Shredders for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Briquette Machines for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Granulating Machines for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Equipment Types for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Shears for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Shredders for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Briquette Machines for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Granulating Machines for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Equipment Types for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Shears for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Shredders for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Briquette Machines for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Granulating Machines for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Equipment Types for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Shears for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Shredders for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Briquette Machines for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Granulating Machines for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Equipment Types for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Shears for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Shredders for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Briquette Machines for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Granulating Machines for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Equipment Types for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Shears for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Shredders for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Briquette Machines for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Granulating Machines for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Equipment Types for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Shears for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Shredders for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Briquette Machines for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Granulating Machines for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Packaging for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Industrial Machinery for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Electronics & Electrical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Shipbuilding for the Period 2017 - 2027
• Historical Data and Forecast of Global Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Packaging for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Industrial Machinery for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Electronics & Electrical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Shipbuilding for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Packaging for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Industrial Machinery for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Electronics & Electrical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Shipbuilding for the Period 2017 - 2027
• Historical Data and Forecast of Europe Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Packaging for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Industrial Machinery for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Electronics & Electrical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Shipbuilding for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Packaging for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Industrial Machinery for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Electronics & Electrical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Shipbuilding for the Period 2017 - 2027
• Historical Data and Forecast of North America Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Packaging for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Industrial Machinery for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Electronics & Electrical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Shipbuilding for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Packaging for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Industrial Machinery for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Electronics & Electrical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Shipbuilding for the Period 2017 - 2027
• Historical Data and Forecast of Africa Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Global Metal Recycling Market Revenues & Volume By Others for the Period 2017 - 2027
• Global Metal Recycling Market - Key Performance Indicators
• Global Metal Recycling Market - Import Export Trade Statistics
• Global Metal Recycling Market - Opportunity Assessment By Countries
• Global Metal Recycling Market - Opportunity Assessment By Metal Type
• Global Metal Recycling Market - Opportunity Assessment By Scrap Types
• Global Metal Recycling Market - Opportunity Assessment By Equipment Types
• Global Metal Recycling Market - Opportunity Assessment By End-users
• Global Metal Recycling Market - Top Companies Market Share
• Global Metal Recycling Market - Top Companies Profiles
• Global Metal Recycling Market - Comparison of Players in Technical and Operating Parameters
• Global Metal Recycling Market - Strategic Recommendations

Markets Covered

The Market report includes the following segments:

By Metal Type:

• Ferrous Metals
• Non-ferrous Metals

By Scrap Type:

• Old Scrap
• New Scrap

By End Users:

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

By Equipment Type:

• Shears
• Shredders
• Briquette Machines
• Granulating Machines
• Others

By Regions:

• North America
• Latin America
• Europe
• Africa
• Middle East
• Asia Pacific

Global Metal Recycling Market: FAQs