Metal Recycling Market

Metal Recycling Market by Metal (ferrous and non-ferrous), Scrap Type (Old Scrap and New Scrap), End-use Sector (Construction, Automotive, Shipbuilding, Equipment manufacturing, Consumer appliances), Equipment, and Regions- Global Forecast to 2025

Report Code: MM 3943 Mar, 2020, by

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[134 Pages Report] The metal recycling market is projected to grow from USD 52.1 billion in 2019 to USD 76.1 billion by 2025, at a CAGR of 7.8% from 2020 to 2025. The growth of this market is attributed to the increasing demand for steel and the urbanization & industrialization in developing countries. Also, growing concerns towards the depletion of natural resources at a fast rate have led governments of several countries to make favorable regulations regarding the metal recycling industry, which is further propelling the metal recycling market.

Metal Recycling Market

In terms of value and volume, the ferrous segment is projected to lead the metal recycling market from 2020 to 2025.

Based on type, the ferrous segment is projected to be a faster-growing market during the forecast period. Iron and steel scraps are some of the most widely recycled ferrous metals in the world. This scrap comes from end-of-life products and scrap generated through manufacturing processes. The use of scrap in steel production has formed an integral part of the steelmaking industry. According to the Bureau of International Recycling, 40% of the steel production is made from scraps.

In terms of value and volume, the building & construction segment of the metal recycling market is projected to grow at a highest CAGR during the forecast period.

The building & construction segment is the fastest-growing segment in the metal recycling market. The need to reduce the environmental impact of mining metals has encouraged the use of recycled metals in the building & construction sector. Most recycled metals used in this sector are obtained from demolition waste, which is one of the largest sources of metal waste, especially in the US.

Metal Recycling Market

In terms of both value as well as volume, the Asia Pacific region is expected to account for the largest share in the global metal recycling market during the forecast period.

Asia Pacific is the fastest-growing market for metal recycling due to its increasing economic growth. It accounted for over a third of the world’s GDP, according to a paper published by World Economics in February 2017. According to the Population Reference Bureau, the fastest-growing consumer markets of China, India, and other Asia Pacific countries had a combined population exceeding four billion people (as of 2018). This is projected to an be important driver for global consumption of consumer durables and the building & construction sector over the next two decades; this, in turn, is expected to lead to the growth of the metal recycling market. Other drivers that will have a positive impact on this market are increasing household incomes and the growing middle-class population.

Key Market Players

Arcelormittal (Luxembourg) is a leading company in Europe and one of the world’s leading steel manufacturers. ArcelorMittal is considered to be the largest steel producer in America, Africa, and Europe In 2018, ArcelorMittal recycled 31 million tons of scrap steel, which included primary steel arising from the company’s own operations and scrap that was purchased for use in the company’s furnaces. The use of scrap steel avoided 40 million tons of CO2 emissions. Their global R&D division is currently working with Worldsteel Association on a number of recycling projects. Also they have been collaborating with the automotive industry to analyze how much more value can be achieved by disassembling vehicles before they are shredded to recover scrap.

Scope of the report

Report Metric


Market size available for years


Base year considered


Forecast period


Forecast units

Value (USD Billion) and Volume (Million Tons)

Segments covered

Type, scrap type, end-use sector, and region

Geographies covered

North America, Asia Pacific, Europe, and Rest of the World

Companies covered

ArcelorMittal (Luxembourg), Nucor Corporation (US), Commercial Metals Company (US), Sims Metal Management Limited (US), and Aurubis AG (Germany) are the key players operating in the metal recycling market. Fifteen manufacturers are covered in the metal recycling market.

This research report categorizes the metal recycling market based on scrap type, type, equipment, end-use sector, and region.

Metal recycling market, by scrap type:

  • Old Scrap
  • New Scrap

Metal recycling market, by type:

  • Ferrous
  • Non-Ferrous

Metal recycling market, by equipment:

  • Shredders
  • Shears
  • Granulating Machines
  • Briquetting Machines

Metal recycling, by end-use sector:

  • Building & Construction
  • Automotive
  • Equipment Manufacturing
  • Shipbuilding
  • Packaging
  • Consumer Appliances
  • Others (Home & Industrial Furniture, Aerospace, and Residential & Commercial Utensils & Containers)

Metal recycling market, by region:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Recent Developments

  • In November 2019, ArcelorMittal invested in new sustainability program in Europe with the aim to secure Responsible Steel site certification for all its ArcelorMittal Europe - Flat Products sites.
  • In May 2019, Nucor Corporation announced a capital investment that will add its vacuum degassing to its engineered bar capabilities at its bar mill in Darlington, South Carolina. Adding this capability will enable the mill to produce engineered bar products meeting some of the most stringent quality specifications in the industry. The vacuum degassing system is expected to begin operations in late 2020.
  • In May 2019, Aurubis AG acquired Belgian-Spanish Metallo Group to continue actively pursuing its multi-metal and recycling strategy. The acquisition, with its attractive growth potential, strengthens company’s multi-metal portfolio, especially in the key metals copper, nickel, tin, zinc, and lead. 

Key Questions addressed by the report

  • What are the global trends in the metal recycling market? Would the market witness an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of metals in metal recycling?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the upcoming industry applications and trends for metal recycling?
  • Who are the major players in the metal recycling market globally?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table Of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.4 Study Scope
           1.4.1 Periodization Considered
    1.5 Currency Considered
    1.6 Units Considered
    1.7 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
           Key Data From Secondary Sources
           2.1.2 Primary Data
           Key Data From Primary Sources
           Key Industry Insights
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions & Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary

4 Premium Insights

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
           5.2.2 Restraints
           5.2.3 Opportunities
           5.2.4 Challenges
    5.3 YC, YCC Shift

6 Metal Recycling Market, By Scrap Type
    6.1 Introduction
    6.2 Old Scrap
    6.3 New Scrap

7 Metal Recycling Market, By Type
    7.1 Introduction
    7.2 Ferrous
    7.3. Non-Ferrous

8 Metal Recycling Market, By Equipment
    8.1 Introduction
    8.2 Shredders
    8.3 Shears
    8.4 Granulating Machines
    8.5 Briuetting Machines

9 Metal Recycling, By End-Use Sector
    9.1. Introduction
    9.2. Building & Construction
    9.3. Automotive
    9.4. Equipment Manufacturing
    9.5. Shipbuilding
    9.6. Packaging
    9.7. Consumer Appliances
    9.8. Others (Home & Industrial Furniture, Aerospace, and Residential & Commercial Utensils & Containers)

10 Metal Recycling Market, By Region
    10.1 Introduction
    10.2 North America
           10.2.1 US
           10.2.2 Canada
           10.2.3 Mexico
    10.3 Europe
           10.3.1 Germany
           10.3.2 UK
           10.3.3 Italy
           10.3.4 Russia
           10.3.5 Rest of Europe
    10.4 Asia Pacific
           10.4.1 China
           10.4.2 Japan
           10.4.3 India
           10.4.4 South Korea
           10.4.5 Rest of Asia Pacific
    10.5 Middle East & Africa
           10.5.1 Turkey
           10.5.2 UAE
           10.5.3 Saudi Arabia
           10.5.4 South Africa
           10.5.5 Rest of Middle East & Africa
    10.6 South America
           10.6.1 Brazil
           10.6.2 Argentina
           10.6.3 Rest of South America

11 Competitive Landscape
     11.1 Introduction
     11.2 Market Ranking

12 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments-15 Companies) 
     12.1 Arcelormittal (Luxembourg)
     12.2 Nucor Corporation (U.S.)
     12.3 Commercial Metals Company (U.S.)
     12.4 Sims Metal Management Limited (U.S.)
     12.5 Aurubis AG (Germany)
     12.6 European Metal Recycling Limited (U.K.)
     12.7 Dowa Holdings Co., Ltd. (Japan)
     12.8 Tata Steel Limited (India)
     12.9 Baosteel Group Corporation (China)
     12.10 Remondis Se & Co. KG (Germany)
             12.10.1 Additional Company Profiles
               Novelis Inc., (Aluminum Recycler)
               Norton Aluminum Ltd.
               Tom Martin & Co. Ltd.
               Omnisource Corporation (Steel Dynamics, Inc.)
               Schnitzer Steel Industries, Inc.
               Industrial Services of America, Inc (Devid J Joseph Company)
               American Iron & Metal
               Totall Metal Recycling, Inc.
*Detailed Overview of Public Listed Companies Will Be Provided, for Private Listed Companies Data Will Be Provided on Best Efforts Basis. the List May Change as Per Research Progress. 

13 Appendix
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets Subscription Porta
     13.3 Introducing Rt: Real-Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details


The study involved four major activities for estimating the current global size of the metal recycling market. The exhaustive secondary research was carried out to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions and sizes with the industry experts across the value chain of metal recycling through primary research. Both the top-down and bottom-up approaches were employed to estimate the overall size of the metal recycling market. After that, market breakdown and data triangulation procedures were used to determine the size of different segments and sub-segments of the market.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Factiva, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, to identify and collect information for this study on the metal recycling market. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.

Primary Research

Various primary sources from both the supply and demand sides of the metal recycling market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply-side included industry experts, such as Chief Executive Officers (CEOs), vice presidents, marketing directors, sales professionals, and related key executives from various leading companies and organizations operating in the metal recycling industry. The primary sources from the demand-side included key executives from banks, government organizations, and educational institutions.

Metal Recycling Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the global size of the metal recycling market. These approaches were also used extensively to estimate the size of various dependent segments of the market. The research methodology used to estimate the market size included the following details:

  • The key players were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and sub-segments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments of the metal recycling market. The data was triangulated by studying various factors and trends from both the demand- and supply-side.

Report Objectives

  • To define, analyze, and project the size of the metal recycling market in terms of value and volume based on type, scrap type, end-use sector, and region.
  • To project the size of the market and its segments in terms of value and volume, with respect to the four main regions, namely, North America, Europe, Asia Pacific, and Rest of the World.
  • To provide detailed information about the key factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the market
  • To strategically analyze the micro-markets with respect to individual growth trends, prospects, and their contribution to the total market
  • To analyze the opportunities in the market for stakeholders and provide a detailed competitive landscape of the market leaders
  • To analyze the competitive developments, such as expansions and acquisitions in the metal recycling market
  • To strategically profile the key players operating in the market and comprehensively analyze their market shares and core competencies

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

The following customization options are available for the metal recycling report:

Product Analysis

  •  Product matrix, which offers a detailed comparison of the product portfolio of companies

Regional Analysis

  •  Further analysis of the metal recycling market for additional countries

Company Information

  •  Detailed analysis and profiling of other market players (up to five)
Report Code
MM 3943
Published ON
Mar, 2020
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