The global demand for Non-Ferrous Scrap Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Aluminum, copper, lead, nickel, tin, and zinc are among the many base metals that are referred in the industry as nonferrous scrap. These materials have a variety of uses and maintain their chemical properties through repeated recycling and reprocessing. This trait makes nonferrous metals infinitely recyclable and important to maintaining sustainability in resource conservation. Nonferrous metal scrap plays an important role in various fields.
The increasing demand for non-ferrous scrap in secondary production coupled with end-use
industries is anticipated to propel market growth across the forecast period. Growing consumer demand has propelled manufacturers to increase their production of electronics, vehicles, and other products. In addition, rapid industrialization across the world has led to an increasing demand for non-ferrous scrap. As a result, more emphasis is being given towards its collection and recycling. Rising society awareness towards environment, economy, and energy saving in terms of recycling these metals is a growth driver for the market.
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 non-ferrous scrap.
The entire non-ferrous scrap market has been sub-categorized into recycling sector and recycling metal. 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 Recycling Sector
By Recycling Metal
- Consumer Goods
- Industrial Goods
This section covers regional segmentation which accentuates on current and future demand for non-ferrous scrap 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.
Global Non-Ferrous Scrap Market Share by Region (Representative Graph)
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 non-ferrous scrap market include Aurubis, ChihEnvironmental Group Limited, HindalcIndustries Ltd., Kuusakoski, MatalcInc., OmniSource Corp., Recylex, Sims Metal Management Inc., SA Recycling, TSR Recycling GmbH & Co. KG. 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.