Metal Recycling Market (Ferrous, Non-Ferrous) Set to Grow at a CAGR of 7.95% to 2020
PUNE, India, December 9, 2015 /PRNewswire/ --
The global metal recycling market size is expected to rise at a CAGR of 7.95% from 2015 to reach US $406.16 Billion by 2020 with rapid industrialization, increasing urban population, growing concerns about the depletion of natural resources driving the growth of the market.
Complete report on metal recycling market spread across 214 pages, profiling 10 companies and supported with 180 tables and 48 figures is now available at http://www.rnrmarketresearch.com/metal-recycling-market-by-metal-type-ferrous-non-ferrous-scrap-type-old-scrap-new-scrap-end-use-sector-construction-automotive-equipment-manufacturing-shipbuilding-others-equipment-shredders-granulating-machines-others-foreca-market-report.html .
The metal recycling market is driven by strict laws pertaining to waste management. Increasing awareness of the efficient use of natural resources is to drive the metal recycling market. Use of recycled metal in the building & construction sector projected to increase during the forecast period. The building & construction segment is projected to be the fastest-growing end-use sector in the next five years. Due to growth of infrastructure development and construction related activities, the demand for metal recycling is projected to grow in this sector.
Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the metal recycling market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources include professionals such as metal recyclers, scrap metal dealers, and distributors. The following figure provides a breakdown of the type of companies to which the primary sources belong, the number of primaries by designation, and their regional break-up.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (41%), Tier 2 (42%), and Tier 3 (17%) companies. The interviews were conducted with various key people such as C-level (48%), manager level (32%), and other executives (20%) operating in the metal recycling market. The primary interviews were conducted worldwide covering regions such as North America (38%), Europe (35%), APAC (18%), and RoW (9%).
The various key metal recycling companies profiled in the report are ArcelorMittal (Luxembourg), Nucor Corporation (U.S.), Commercial Metals Company (U.S.), Sims Metal Management Limited (U.S.), Aurubis AG (Germany) Linde Ag (Germany), European Metal Recycling Limited (U.K.), Dowa Holdings Co., Ltd. (Japan), Tata Steel Limited (India), Baosteel Group Corporation (China), Redmond's SE & Co. KG (Germany). This is a premium research report priced at US $4650 for a single user PDF, a discount on Metal Recycling Market by Metal Type (Ferrous, Non-Ferrous), Scrap Type (Old Scrap, New Scrap), End-Use Sector (Construction, Automotive, Equipment Manufacturing, Shipbuilding, Others), Equipment (Shredders, Granulating Machines, Others) - Forecast to 2020 can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=441602 .
This report segments the metal recycling market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions. The report also helps stakeholders to understand the market and provides them information on key market drivers, restraints, challenges, and opportunities. This report will help stakeholders to better understand their competitors and gain more insights about their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, agreements, partnerships and joint ventures, and acquisitions.
On a related note, another research on Metal Cleaning Chemicals Market Global Trends & Forecasts to 2020 says, the metal cleaning chemicals market is projected to register a CAGR of 3.9%, in terms of volume, between 2015 and 2020. Asia-Pacific is leading the metal cleaning chemicals market and projected to continue dominating the market till 2020. Air Products and Chemicals, Inc. (U.S.), Eastman Chemical Company (U.S.), Emerson Industrial Automation (U.S.), Houghton International Inc.(U.S.), Oxiteno (Brazil), Quaker Chemical Corporation (U.S.), Rochestor Midland Corporation (U.S.), Stepan Company (U.S.), the Chemours Company (U.S.), and the Dow Chemical Co. (U.S.) are companies mentioned in this 132 pages research available at http://www.rnrmarketresearch.com/metal-cleaning-chemicals-market-by-type-aqueous-solvent-by-metal-type-steel-aluminum-copper-alloys-others-by-region-global-trends-forecasts-to-2020-market-report.html .
Explore more reports on Energy & Power market at http://www.rnrmarketresearch.com/reports/energy-power .
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