Product Code: ETC037550 | Publication Date: Jan 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
United Kingdom (UK) Scrap Metal Recycling market currently, in 2023, has witnessed an HHI of 1119, Which has decreased slightly as compared to the HHI of 1684 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The scrap metal recycling market in the UK is expanding due to the increasing emphasis on sustainability and resource conservation. This market involves the collection, processing, and recycling of metal scrap from various sources, including industrial, automotive, and consumer products. Market growth is driven by advancements in recycling technologies and government initiatives promoting circular economy practices. Fluctuations in metal prices and regulatory compliance are key challenges.
Environmental regulations and sustainability initiatives propel the UK scrap metal recycling market. Recycling of metals like aluminum, steel, and copper reduces carbon footprint and conserves natural resources, supporting circular economy principles.
Challenges in the UK scrap metal recycling market include fluctuating global metal prices and regulatory complexities surrounding waste management and environmental sustainability. The market also faces competition from international recyclers and alternative disposal methods such as incineration and landfill. Moreover, logistical challenges associated with collection, sorting, and processing of scrap metal contribute to operational inefficiencies. To achieve sustainable growth, participants in the UK scrap metal recycling market must invest in advanced recycling technologies, streamline logistics operations, and forge strategic partnerships with industry stakeholders and regulatory bodies.
Government policies in the UK Scrap Metal Recycling market prioritize environmental protection, resource efficiency, and circular economy principles. Regulatory frameworks enforce recycling targets, waste management regulations, and quality standards for recycled metals. Policies support investment in recycling infrastructure, technology innovation, and metal recovery processes to maximize resource utilization and reduce environmental impact. Environmental regulations promote sustainable practices in scrap metal collection, sorting, and processing. Trade policies focus on facilitating cross-border metal scrap trade, promoting market competitiveness, and supporting UK role in global recycling markets.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Kingdom (UK) Scrap Metal Recycling Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Scrap Metal Recycling Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Scrap Metal Recycling Market - Industry Life Cycle |
3.4 United Kingdom (UK) Scrap Metal Recycling Market - Porter's Five Forces |
3.5 United Kingdom (UK) Scrap Metal Recycling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Kingdom (UK) Scrap Metal Recycling Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 United Kingdom (UK) Scrap Metal Recycling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental awareness and regulations promoting recycling practices |
4.2.2 Growing emphasis on sustainable practices and circular economy initiatives |
4.2.3 Fluctuating raw material prices impacting demand for recycled scrap metal |
4.3 Market Restraints |
4.3.1 Volatility in global metal prices affecting profitability of scrap metal recycling |
4.3.2 Competition from illegal scrap metal trade impacting legitimate recycling businesses |
4.3.3 Lack of infrastructure and technology for efficient scrap metal collection and processing |
5 United Kingdom (UK) Scrap Metal Recycling Market Trends |
6 United Kingdom (UK) Scrap Metal Recycling Market, By Types |
6.1 United Kingdom (UK) Scrap Metal Recycling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Scrap Metal Recycling Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 United Kingdom (UK) Scrap Metal Recycling Market Revenues & Volume, By Iron, 2021-2031F |
6.1.4 United Kingdom (UK) Scrap Metal Recycling Market Revenues & Volume, By Copper, 2021-2031F |
6.1.5 United Kingdom (UK) Scrap Metal Recycling Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.6 United Kingdom (UK) Scrap Metal Recycling Market Revenues & Volume, By Lead, 2021-2031F |
6.2 United Kingdom (UK) Scrap Metal Recycling Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Scrap Metal Recycling Market Revenues & Volume, By Residential & Commercial, 2021-2031F |
6.2.3 United Kingdom (UK) Scrap Metal Recycling Market Revenues & Volume, By Industrial, 2021-2031F |
7 United Kingdom (UK) Scrap Metal Recycling Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Scrap Metal Recycling Market Export to Major Countries |
7.2 United Kingdom (UK) Scrap Metal Recycling Market Imports from Major Countries |
8 United Kingdom (UK) Scrap Metal Recycling Market Key Performance Indicators |
8.1 Average price of scrap metal per ton |
8.2 Percentage of recycled scrap metal compared to total metal consumption in the UK |
8.3 Investment in research and development for innovative recycling technologies |
9 United Kingdom (UK) Scrap Metal Recycling Market - Opportunity Assessment |
9.1 United Kingdom (UK) Scrap Metal Recycling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Kingdom (UK) Scrap Metal Recycling Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 United Kingdom (UK) Scrap Metal Recycling Market - Competitive Landscape |
10.1 United Kingdom (UK) Scrap Metal Recycling Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Scrap Metal Recycling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |