#U.S. Copper Scrap Market Growth Forecast | Explore Tumblr Posts and Blogs

market-insider · 2 years

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U.S. Copper Scrap Market 2022 | Brass Mills Segment Is Projected To Remain The Fastest-Growing Segment

The U.S. copper scrap market size is expected to reach USD 900.6 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.2% from 2022 to 2030. Demand for recycled copper in foundries and ingot-making applications is projected to boost the market growth.

Copper scrap finds applications in foundries such as casting plants, bronze products, and gunmetal products. Copper casting parts made from copper alloys and bronze are used in construction, electrical, mining, oil & gas, general, and industrial applications. This segment is projected to grow on account of favorable properties of copper such as corrosion resistance, weathering resistance, low maintenance, recyclability, superior strength, magnetic permeability, electrical conductivity, and ease of fabrication.

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With electrification increasing at a rapid pace in the automobile industry, the demand for metals necessary for the transition from ICE vehicles to electric vehicles is projected to rise over the coming years. The share of EVs sales as a proportion of total vehicles has been growing. For instance, EVs sales reached 3.6% of total EV sales, in Q2 2021, as reported by Alternative Fuels Data Center.

The irregular supply of copper scrap is one of the major challenges in the industry and thus restrains the growth of the market. Loss of copper scrap occurs as most of the scrap ends up in landfill sites. The availability of scrap is also adversely impacted by the long-life cycle of copper products. It is tied up for 10 to 20 years in the transportation sector, more than 30 years in construction and infrastructure, and between 10 to 30 years in the industrial machinery & equipment sector, before it becomes available for recycling.

Technology upgrades and investments are required to improve the recycling rate around the world. This involves more machinery & equipment for scrap processing and separation, trucks and vehicles to transport scrap, technological upgrades to handle diverse, complex, and rapidly changing material compositions, and product miniaturization. Thus, these considerable hurdles restrain the growth of the copper market, as copper scrap is not available regularly for optimized production.

Private investments in the scrap sector are growing. For instance, in the U.S. Aurubis AG has targeted investment for three actions: expanding its recycling capacity including e-waste or electronic scrap, upgrading technology to convert complex materials into high-grade scrap, and developing closed loops for customers, which can end the cycle of metal waste. Similar investments have been witnessed to be on the rise in other regions such as Europe and China.

#U.S. Copper Scrap Market Size & Share #U.S. Copper Scrap Market Latest Trends #U.S. Copper Scrap Market Growth Forecast #U.S. Copper Scrap Industry Insights #COVID-19 Impacts On U.S. Copper Scrap Market #U.S. Copper Scrap Market Revenue Value

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david843346 · 11 months

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Secondary Aluminum Alloys Market Global Demand Analysis & Opportunity Outlook 2035

research analysis on “Secondary Aluminum Alloys Market: Global Demand Analysis & Opportunity Outlook 2035 delivers a detailed competitor’s analysis and a detailed overview of the global secondary aluminum alloys market in terms of market segmentation by type, strength, end-use industry, and region.

The Expansion of the Automobile Sector Worldwide to Drive the Growth of Secondary Aluminum Alloys Market

The rising growth of the automobile industry is anticipated to boost the demand for secondary aluminum alloys in the upcoming years. The automotive sector faces the challenge of satisfying the growing demand for vehicles with reduced energy consumption and air pollution. Aluminum is a promising substitute for the commonly available denser materials such as steel or copper in automobiles to meet the increasing need for fuel efficiency. According to a recent study conducted by WardsAuto, a U.S.-based automotive trade magazine, and DuPont Automobile, a U.S.-based manufacturer of automobiles, aluminum is now being considered the primary choice to enhance the fuel efficiency and emissions of automobiles and light trucks. On account of its unique properties such as a significant ratio of strength to weight, excellent formability, resistance to corrosion, and recycling potential, it is a perfect solution for reducing car weight.

Growth Drivers:

Rising demand for sustainable products

Increasing adoption of secondary aluminum in manufacturing

Challenges:

The availability of alternative composite materials with maximum strength and the slow adoption of automation in the aluminum industry so far are some of the major factors anticipated to hamper the growth of the global secondary aluminum alloy market. The aluminum scrap recycling sector is not entirely automated and depends heavily on manual labor for tasks such as organizing, cleaning, and separating the scrap. To reduce capital expenditures, many medium-sized and small producers choose to operate semi-mechanized facilities. However, this excessive reliance on labor as opposed to investment in automated operations can result in lower productivity and a lack of quality control, particularly when compared to larger industry competitors.

By end-user industry, the secondary aluminum alloys market is fragmented into automotive & transportation, building & construction, and aerospace & defense. The automotive & transportation segment is to garner the highest CAGR of 5.5% over the forecast period. Using aluminum instead of steel enhances the performance, fuel economy, safety, and durability of passenger and commercial vehicles, while also providing multiple environmental benefits. Besides, secondary aluminum alloys are also used significantly in seats, cylinder heads, gearboxes, and others, which is also a key factor generating significant demand for the product in the automotive industry.

By region, the Europe secondary aluminum alloys market is to generate notable revenue by the end of 2035. The growth of the market in the region can be attributed primarily due to the factors, such as well-established manufacturing sectors, including automotive, construction, and aerospace which are the major consumers of aluminum alloys. As well as stringent environmental regulations and initiatives regarding recycling materials and waste management which influence the utilization of secondary aluminum alloys.

This report also provides the existing competitive scenario of some of the key players of the global secondary aluminum alloys market which includes company profiling of Daiki Aluminum Industry Co., Ltd., Century Metal Recycling Limited, Kawashima Co., Ltd., Superior Aluminum Alloys, LLC, Alucast, Metal Exchange Corporation, Keiaisha Co., Ltd., Novelis, Shin Wen Ching Metal Enterprise., Ltd., Sunalco Industries Pvt. Ltd., Matalco Inc., and, BERMCO Aluminum.

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market-research-industry · 3 years

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Global recycled metal market to reach US$ 979.02 BN by 2026 : TRANSPARENCY MARKET RESEARCH

The recycled metal market was valued at US$ 713.44 Bn in 2017 is anticipated to expand at a CAGR of 3.5% during the forecast period, according to a new report published by Transparency Market Research (TMR) titled ‘Recycled Metal Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’. Expansion in the recycled metal market is primarily driven by the increase in awareness about energy conservation through secondary production of metals, i.e. metal recycling. Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint.

Energy Efficiency and Lower Greenhouse Gas Emissions in Metal Recycling to Drive Market Growth

A large amount of energy is required for the extraction of metal from ores. Energy consumed in metal production accounts for approximately 8.3% of the global energy consumption. Furthermore, the extraction process leads to the emission of greenhouse gases. The primary production of metals entails extraction of metals from metal ores, while secondary production involves the preparation of metals from scrap collection.

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Primary production of ferrous metals entails the reduction of iron oxide to iron by reducing agents such as coke, coal, and natural gas. The reduction takes place at a high temperature and entails high energy. However, the electric arc furnace (EAF) process is used in the secondary production of steel from scrap. The process consumes considerably less amount of energy. Thus, the energy requirement for primary production of ferrous metals is significantly higher than that for secondary production. Therefore, secondary production of ferrous metals through recycled metal leads to cost reduction.

Production of 100 kilo tons of aluminum from bauxite ore requires 4,700 terra joules of energy. Production of other non-ferrous metals such as copper, lead, nickel, tin, and zinc also entails significant amount of energy. Furthermore, the extraction process results in the emission of greenhouse gases. However, non-ferrous metals can be produced from scrap metal sources through a cost-effective method that consumes significantly low amount of energy. The emission of carbon dioxide is reduced during the secondary production of non-ferrous metals.

Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint. Recycled metal is projected to help industry players achieve their sustainability goals in the near future. This, in turn, is estimated to propel the recycled metal market in the next few years.

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Rise in E-waste Generation to Boost Recycled Metal Market

Generation of e-waste has increased significantly over the last few years. Constant innovation in the electronics industry has resulted in digital revolution. Changing demands of consumers and constant improvement in technology are driving the electrical and electronic goods market. As a result, electronic goods with conventional technology are being replaced with new devices with improved technology. This, in turn, is driving the production of waste from discarded electronic and electrical equipment.

A well-designed and effective recycling system can encourage the reuse of electronic waste. Electronic waste management systems help prevent the loss of precious metals and lower the emission of greenhouse gases. Led by the rise in awareness about environmental concerns, governments of developed and developing countries are focusing on recycling of electronic waste to encourage resource conservation.

The rate of metal recycling from e-waste is anticipated to increase substantially in the next few years in order to meet the rise in demand for metals in several end-user industries. Thus, e-waste is expected to be the most promising source of recycled metal, considering the significant increase in e-waste generation and rise in demand for metal.

Demand for various ferrous, non-ferrous, and precious metals in construction, automotive, and electronic industries is likely to increase significantly in the near future. Thus, recycled metal is estimated to be a lucrative end-user of the global e-waste market during the forecast period.

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Regional Perspective of Recycled Metal Market

In terms of revenue and volume, Asia Pacific constituted significant share of the recycled metal market in 2017. Expansion in automotive and building & construction (especially new construction) industries is estimated to provide lucrative opportunities to the market during the forecast period. Asia Pacific is anticipated to be a highly attractive region of the global market, with growth potential being exhibited by China, India, and ASEAN countries such as Indonesia, Malaysia, and Singapore. Japan South Korea, Australia, and New Zealand are some the mature countries of the recycled metal market in Asia Pacific.

Europe followed Asia Pacific in terms of revenue and volume in 2017. This trend is anticipated to continue during the forecast period. The overall recycling rates in EU-28 countries for various metals are high compared to that in Rest of Europe. Domestic and imported scrap is utilized in Europe, which contributes to the market share held by the region.

The U.S. accounts for significant share of the market in North America. Metal recycling is an established market in the region. Automotive, shipbuilding, and industrial machinery end-users constitute large share of the demand for recycled metal. North America is also one of the leading producers of recycled metal.

High Degree of Competition Exists Among Established Players

Players of different sizes and shares operate in the global recycled metal market. High intensity of competition is likely to exist among established players due to their integrated value chain. Exit barriers are high owing to the high fixed costs and large capital investment made at the initial stage. This, in turn, intensifies rivalry among market players.

In coming years, as the debate on the potential impact of the chemical manufacturing across industries on the ecology gets fiercer, new monitoring technologies will emerge. Latest compliance regulations will expand the scope of green chemistries for businesses in the downstream value chain. Further, manufacturers in the market will increasingly leverage digital channels to reach high-value customers. Many will use them to avoid disruption such as by pandemics.

The sustainability aspects have dramatically changes the raw material sourcing strategies for many businesses in the global Metal Recycling market. Players have become more responsible toward reducing or managing the waste, are adopting material informatics equipped with artificial intelligence (AI), and adopting energy-efficient production processes in order to maximize returns on invested capital.

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somya08 · 3 years

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Global Non-Ferrous Scrap Market Size, Status and Forecast 2021-2027

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.

Non-Ferrous Scrap can be divided into the following categories: Copper, Aluminum, Lead and Zinc, Nickel, etc. The survey results show that in 2019, Copper accounts for 47.71% and Aluminum accounts for 28.55% of the Non-Ferrous Scrap market.

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The downstream applications of Non-Ferrous Scrap waste can be divided into Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Consumer Appliances, Battery, Packaging and so on. According to the survey results, Building & Construction accounted for the largest share of the market in 2019 with 40.74%. In second place was Equipment Manufacturing, with 27.39% in 2019.

Non-Ferrous Scrap industry concentration is low, with a large number of participants.

Asia-Pacific is the world's largest sales market, with an annual output value accounting for 63.5% of the market. Europe and North America followed with 17.91% and 15.59% in 2019, respectively.

Market Analysis and Insights: Global Non-Ferrous Scrap Market

The global Non-Ferrous Scrap market size is projected to reach US$ 115140 million by 2027, from US$ 95820 million in 2020, at a CAGR of 2.7% during 2021-2027.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Non-Ferrous Scrap market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Non-Ferrous Scrap market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Non-Ferrous Scrap market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Non-Ferrous Scrap market.

Global Non-Ferrous Scrap Scope and Market Size

Non-Ferrous Scrap market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Non-Ferrous Scrap market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type

Copper

Aluminum

Lead and Zinc

Nickel

Others

Segment by Application

Battery

Packaging

Automotive

Shipbuilding

Consumer Appliances

Building & Construction

Equipment Manufacturing

Others

By Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Nordic

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

By Company

Sims Metal Management

OmniSource

European Metal Recycling

Schnitzer Steel Industries

Hanwa

Commercial Metals

Stena Metal International

Yechiu Group

Chiho Environmental Group

Nucor

Cohen

DOWA

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Table of content

1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Non-Ferrous Scrap Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Copper 1.2.3 Aluminum 1.2.4 Lead and Zinc 1.2.5 Nickel 1.2.6 Others 1.3 Market by Application 1.3.1 Global Non-Ferrous Scrap Market Share by Application: 2016 VS 2021 VS 2027 1.3.2 Battery 1.3.3 Packaging 1.3.4 Automotive 1.3.5 Shipbuilding 1.3.6 Consumer Appliances 1.3.7 Building & Construction 1.3.8 Equipment Manufacturing 1.3.9 Others 1.4 Study Objectives 1.5 Years Considered 2 Global Growth Trends 2.1 Global Non-Ferrous Scrap Market Perspective (2016-2027) 2.2 Non-Ferrous Scrap Growth Trends by Regions 2.2.1 Non-Ferrous Scrap Market Size by Regions: 2016 VS 2021 VS 2027 2.2.2 Non-Ferrous Scrap Historic Market Share by Regions (2016-2021) 2.2.3 Non-Ferrous Scrap Forecasted Market Size by Regions (2022-2027) 2.3 Non-Ferrous Scrap Industry Dynamic 2.3.1 Non-Ferrous Scrap Market Trends 2.3.2 Non-Ferrous Scrap Market Drivers 2.3.3 Non-Ferrous Scrap Market Challenges 2.3.4 Non-Ferrous Scrap Market Restraints 3 Competition Landscape by Key Players 3.1 Global Top Non-Ferrous Scrap Players by Revenue 3.1.1 Global Top Non-Ferrous Scrap Players by Revenue (2016-2021) 3.1

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adityarana1687-blog · 3 years

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Recycled Metal Market Share, Source, Strategy and Downstream Buyers [2019 - 2025]

The global recycled metal market demand is anticipated to reach 1,042.3 million tons by 2025, accelerating at a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc. The market for recycled product is majorly driven by growing concerns regarding environment and high energy consumption in primary metal production.

Scrap metal is the key raw material used in the secondary metal production. The challenges associated with primary production are anticipated to compel manufacturers to adopt secondary production. The challenges include high energy consumption, fluctuating raw material prices, concerns over depleting non-renewable resources, and high manufacturing costs.

Government initiatives concerning the use of recycled materials and proper waste disposal are further anticipated to boost the consumption of recycled metals. For instance, the medals at the 2020 Olympics will be made from e-waste. As per the organizing committee, the authorities, in March 2019, collected 30.3 kg of gold, 4.1 kg of silver, and 2.7 kg of bronze from 78,885 tons of discarded devices including mobile phones, digital cameras, handheld games, and laptops.

Steel forms a significant part of metal recycling. Steel producers globally are adopting the Electric Arc Furnace (EAF) technology at a rapid rate owing to low-cost production and reduced carbon dioxide emissions. For instance, crude steel production by the EAF process registered a growth rate of 4.7% from 2014 to 2018. The growth rate in 2017 and 2018 was 13.7% and 10.3%, respectively, which signifies the growing adoption rate of scrap or recycled steel in crude steel production.

Key market players such as CMC, European Metal Recycling, Norsk Hydro ASA, GFG Alliance, Novelis, and Tata Steel are engaged in capacity expansions and mergers & acquisitions. For instance, in July 2018, Novelis Inc. announced the acquisition of Aleris Corporation for USD 2.6 billion to develop a diverse portfolio, expand its geographical presence, and gain competitive advantage over other players. In January 2018, Metal Trade Comax Group acquired Oetinger Aluminium Group. The acquisition helped in increasing the company’s annual production capacity from 30 thousands to 220 thousand tons.

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Recycled Metal Market Report Highlights

Recycled steel accounted for a market volume share of 79.5% in 2018 in terms of volume owing to increasing steel production by EAF technology

Asia Pacific market held a volume share of 55.2% in 2018 owing to increasing concerns regarding scrap utilization in countries such as India, which, in turn, is anticipated to drive the market for recycled metal

Aluminum segment is anticipated to witness increasing consumption in automotive industry, which is propelling metal production

Acquisitions are among the major strategic initiatives adopted by most of the market players.

Recycled Metal Market Segmentation

Grand View Research has segmented the global recycled metal market report on the basis of product and region:

Recycled Metal Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

Steel

Aluminum

Copper

Others

Recycled Metal Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

U.S.

Germany

Russia

Turkey

China

India

Japan

Brazil

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

#Recycled Metal Market

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leonfrancisblog · 3 years

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Cobalt market is expected to grow at a compound annual growth rate of 10.97% for the forecast period of 2021 to 2028|Major Competitors China Molybdenum Co., Ltd., Glencore, Sheritt International Corporation, Vale, SUMITOMO METAL MINING CO LTD., Norilsk Nickel, GEM Co., Ltd

Cobalt market is expected to grow at a compound annual growth rate of 10.97% for the forecast period of 2021 to 2028. Data Bridge Market Research report on cobalt market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Cobalt is a type of chemical element found in the earth’s crust only chemically combined form. It is a free element that is produced by reductive smelting. Cobalt is a by-product of copper and nickel so; most of the cobalt is produced by the production of nickel and copper. Pure metallic cobalt is a lustrous, hard, silver-gray metal and is usually used in several industrial applications counting high-temperature super alloys, stainless steels, medical prosthetics, hard-facing products and cemented carbides.

The growing use of cobalt for metallurgical uses mainly in high-temperature alloys (superalloys) has highly influenced growth of the cobalt market. In line with this, the Increase in the use of cobalt in the electric vehicle as well as the high demand of cobalt owing the recyclable nature is also acting as a key determinant favoring the growth of the cobalt market over the forecast period of 2021 to 2028. Also the rapid increase in lithium ion battery production, superior energy density, recyclability of cobalt and strong presence of major construction companies are also positively impacting the growth of the cobalt market. The major factor accountable for the growth of the market is the rapid technological advancements along with rapid urbanization and globalization as well as the rising disposable incomes. However, the irregularity in supply occurring due to a lack of advanced infrastructure and political volatility may act as key restraint towards cobalt market growth rate in the forecast period of 2021 to 2028, whereas due to the inconsistency between the supply and demand, the prices of cobalt are probable to rise which have the potential to challenge the growth of the cobalt market in the above mentioned forecast period.

Global Cobalt Market, By Form (Chemical Compound, Metal, Purchased Scrap), Application (Battery Chemicals, Super Alloy, Ceramic and Pigments, Hard Metals, Magnets, Life Science, Binder Material), End User (Electronics, Automotive, Aerospace, Medical), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028. This cobalt market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on cobalt market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Global Cobalt Market Scope and Market Size:

Cobalt market is segmented on the basis of form, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

On the basis of form, the cobalt market is segmented into chemical compound, metal and purchased scrap. Based on application, the cobalt market is segmented into battery chemicals, super alloy, ceramic and pigments, hard metals, magnets, life science and binder material. Battery chemicals have further been segmented into lithium cobalt oxide (LCO), lithium nickel manganese cobalt (NMC) and lithium nickel cobalt aluminum oxide (NCA).The end user segment for cobalt market is segmented into electronics, automotive, aerospace and medical.

Key Market Competitors:

The major players covered in the cobalt market report are China Molybdenum Co., Ltd., Glencore, Sheritt International Corporation, Vale, SUMITOMO METAL MINING CO LTD., Norilsk Nickel, GEM Co., Ltd., Huayou Cobalt Co., Ltd., BHP, Yantai Cash Industrial Co Ltd., Freeport Cobalt, Sumitomo Corporation, Horizonte Minerals, CMOC, Jervois Mining, Missouri Cobalt, LLC, FLEURETTE PROPERTIES LIMITED, McKinsey & Company, Jinchuan Group International Resources Co. Ltd., and Umicore among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

MAJOR TOC OF THE REPORT:

Chapter One: Cobalt Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Cobalt Market Competition, by Players

Chapter Four: Cobalt Market Size by Regions

Chapter Five: Cobalt Market Revenue by Countries

Chapter Six: Cobalt Market Revenue by Type

Chapter Seven: Cobalt Market Revenue by Application

Chapter Eight: Cobalt Market Revenue by Industries

Chapter Nine: Cobalt Market Revenue by Deployment Model

Chapter Ten: Cobalt Market Revenue by End User

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Reasons for buying this Global Cobalt Market:

Laser Capture Global Cobalt Market aids in understanding the crucial product segments and their perspective.

Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Laser Capture Global Cobalt Market.

Even the Laser Capture Global Cobalt Market economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.

This report provides a more rapid standpoint on various driving facets or controlling Medical Robotic System promote advantage.

This worldwide Locomotive report provides a pinpoint test for shifting dynamics that are competitive.

The key questions answered in this report:

What will be the Market Size and Growth Rate in the forecast year?

What is the Key Factors driving Laser Global Cobalt Market?

What are the Risks and Challenges in front of the market?

Who are the Key Vendors in Global Cobalt Market?

What are the Trending Factors influencing the market shares?

What is the Key Outcomes of Porter’s five forces model

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speedylightheart · 4 years

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Metal Recycling Market Report Covers New Aspects Impact on Share, Size, Types 2025

Metal Recycling Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025– Growing Environmental Awareness is Driving the Growth of Global Metal Recycling market.

Metal Recycling Market is valued at USD 346.86 Billion in 2018 and expected to reach USD 468.56 Billion by 2025 with a CAGR of 4.39% over the forecast period.

Metal recycling comprises the recovery and processing of scrap metal from end-of-life products or structures and from manufacturing scrap, so that it can be introduced as a raw material to produce new goods. It can be recycled repeatedly with no degradation of its properties and qualities. It offers raw material for new products, while having a much lower carbon footprint and more efficient utilization of resources than new material. There are two main categories of scrap metal: ferrous metal and non-ferrous metal. While ferrous metal contains some degree of iron, non-ferrous metal does not contain iron as a component. Non-ferrous scrap includes aluminum, copper, lead, nickel, tin, zinc and others. The main stages for metal recycling process are collecting, sorting, processing, melting, purification, and solidifying.

Global metal recycling market report is segmented on the basis of metal type, end user and region. Based upon metal type, global metal recycling market is classified as ferrous metal and non-ferrous metal. Based upon end-user, global metal recycling market is classified as building & construction, packaging, automotive, industrial machinery, electronics & electrical equipment, shipbuilding and others.

The regions covered in this metal recycling market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Metal Recyclingis sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

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Key Players for Global Metal Recycling Market Reports–

Global Metal Recyclingmarket report covers prominent players like ArcelorMittal, Nucor Corporation, Commercial Metals Company, SIMS Metal Management Limited, Aurubis AG, European Metal Recycling Limited, Tata Steel,Dowa Holdings Co., Ltd., OmniSource Corporation, Schnitzer Steel Industries, Inc., Novelis Inc, Norton Aluminium Lts., Real Alloy, Tom Martin & Co Ltd. and others.

Growing environmental awareness is driving growth of the Global Metal Recycling market.

Scrap Metals are valuable materials which can be recycled again and again without degrading its properties. Approximately 40 percent of worldwide steel production is made using recycled steel and every year, around 400 million tons of metal are recycled worldwide. It is environmentally mandatory to recycle scrap and unused metal to preserve natural resources while requiring less energy to process than the manufacture of new products using new raw materials. Recycling emits less carbon dioxide and other harmful gasses. It saves money and allows manufacturing businesses to reduce their production cost. It is one of the stable markets whose demand will be present always because of need of metal in society. Industrialization and urbanization development in emerging economies such as China, India, Brazil are anticipated to increase the demand for metal recycling market within the forecast period. The growing complexity of various modern products and their material mix makes recycling increasingly difficult, which can be a restraining factor for this market. The use of sensors to identify metals through infra-red scanning and x-ray has become popular in metal recycling market and can create an opportunity for metal recycling market.

Asia Pacific is expected to dominate the Metal Recycling Market

Asia-Pacific is expected to dominate the metal recycling market due to rapid economic development, increase in population, favourable Government policies and regulations to support environmental protection and waste management. In addition, with the growing awareness of environmental well being in various Asia Pacific countries, there has been a strong set of frameworks for waste management which starts from collecting waste till it is disposed and anticipated to drive the metal recycling market in this region during the forecast period.

Key Benefits for Global Metal Recycling Market Reports –

Global market report covers in depth historical and forecast analysis.

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Metal Recycling Market Segmentation –

By Metal Type:

Ferrous Metal, Non-ferrous Metal

By End-User:

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

By Region: North America (US., Canada), Europe (UK., France, Germany, Italy), Asia Pacific (China, Japan, India, Southeast Asia), Latin America (Brazil, Mexico), Middle East and Africa (GCC, Africa, Rest of Middle East and Africa)

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jayu123-me · 4 years

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Recycled Metal Market is anticipated to expand at a CAGR of 3.5%

The recycled metal market was valued at US$ 713.44 Bn in 2017 is anticipated to expand at a CAGR of 3.5% during the forecast period, according to a new report published by Transparency Market Research (TMR) titled ‘Recycled Metal Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’. Expansion in the recycled metal market is primarily driven by the increase in awareness about energy conservation through secondary production of metals, i.e. metal recycling. Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint.

Energy Efficiency and Lower Greenhouse Gas Emissions in Metal Recycling to Drive Market Growth

A large amount of energy is required for the extraction of metal from ores. Energy consumed in metal production accounts for approximately 8.3% of the global energy consumption. Furthermore, the extraction process leads to the emission of greenhouse gases. The primary production of metals entails extraction of metals from metal ores, while secondary production involves the preparation of metals from scrap collection.

Primary production of ferrous metals entails the reduction of iron oxide to iron by reducing agents such as coke, coal, and natural gas. The reduction takes place at a high temperature and entails high energy. However, the electric arc furnace (EAF) process is used in the secondary production of steel from scrap. The process consumes considerably less amount of energy. Thus, the energy requirement for primary production of ferrous metals is significantly higher than that for secondary production. Therefore, secondary production of ferrous metals through recycled metal leads to cost reduction.

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Production of 100 kilo tons of aluminum from bauxite ore requires 4,700 terra joules of energy. Production of other non-ferrous metals such as copper, lead, nickel, tin, and zinc also entails significant amount of energy. Furthermore, the extraction process results in the emission of greenhouse gases. However, non-ferrous metals can be produced from scrap metal sources through a cost-effective method that consumes significantly low amount of energy. The emission of carbon dioxide is reduced during the secondary production of non-ferrous metals.

Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint. Recycled metal is projected to help industry players achieve their sustainability goals in the near future. This, in turn, is estimated to propel the recycled metal market in the next few years.

Rise in E-waste Generation to Boost Recycled Metal Market

Generation of e-waste has increased significantly over the last few years. Constant innovation in the electronics industry has resulted in digital revolution. Changing demands of consumers and constant improvement in technology are driving the electrical and electronic goods market. As a result, electronic goods with conventional technology are being replaced with new devices with improved technology. This, in turn, is driving the production of waste from discarded electronic and electrical equipment.

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A well-designed and effective recycling system can encourage the reuse of electronic waste. Electronic waste management systems help prevent the loss of precious metals and lower the emission of greenhouse gases. Led by the rise in awareness about environmental concerns, governments of developed and developing countries are focusing on recycling of electronic waste to encourage resource conservation.

The rate of metal recycling from e-waste is anticipated to increase substantially in the next few years in order to meet the rise in demand for metals in several end-user industries. Thus, e-waste is expected to be the most promising source of recycled metal, considering the significant increase in e-waste generation and rise in demand for metal.

Demand for various ferrous, non-ferrous, and precious metals in construction, automotive, and electronic industries is likely to increase significantly in the near future. Thus, recycled metal is estimated to be a lucrative end-user of the global e-waste market during the forecast period.

Regional Perspective of Recycled Metal Market

In terms of revenue and volume, Asia Pacific constituted significant share of the recycled metal market in 2017. Expansion in automotive and building & construction (especially new construction) industries is estimated to provide lucrative opportunities to the market during the forecast period. Asia Pacific is anticipated to be a highly attractive region of the global market, with growth potential being exhibited by China, India, and ASEAN countries such as Indonesia, Malaysia, and Singapore. Japan South Korea, Australia, and New Zealand are some the mature countries of the recycled metal market in Asia Pacific.

Europe followed Asia Pacific in terms of revenue and volume in 2017. This trend is anticipated to continue during the forecast period. The overall recycling rates in EU-28 countries for various metals are high compared to that in Rest of Europe. Domestic and imported scrap is utilized in Europe, which contributes to the market share held by the region.

The U.S. accounts for significant share of the market in North America. Metal recycling is an established market in the region. Automotive, shipbuilding, and industrial machinery end-users constitute large share of the demand for recycled metal. North America is also one of the leading producers of recycled metal.

High Degree of Competition Exists Among Established Players

Players of different sizes and shares operate in the global recycled metal market. High intensity of competition is likely to exist among established players due to their integrated value chain. Exit barriers are high owing to the high fixed costs and large capital investment made at the initial stage. This, in turn, intensifies rivalry among market players.

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technogeekstmr · 4 years

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Scrap Metal Recycling Market 2020 Opportunities, Covid-19 Impact Analysis, Challenges, Key Players, End User, Demand and Forecasts To 2027

Scrap Metal Recycling Market: Introduction

Scrap metal recycling is the process of recovering metals from products which have reached the end of the product life cycle. Scrap metal which is recovered is then introduced as raw material in the production of new goods. Scrap metals are bifurcated into ferrous and nonferrous categories. Nonferrous metals are better valued as compared to ferrous metals.

Ferrous scrap has some degree of iron while nonferrous scrap does not contain iron. Nonferrous scrap contains aluminum, lead, zinc, copper etc. The recycled scrap metal finds application in residential, commercial, and industrial sectors.

Recycling reduces rare earth metal mining activities, besides reducing waste and saving energy. Considering these factors, the scrap metal recycling market is expected to grow during the forecast period.

Key Drivers, Restraints, and Opportunities of the Global Scrap Metal Recycling Market

Scrap metals can be recycled repeatedly without any characteristic loss. The reuse of metals reduces the carbon footprint and helps in betterment of the environment. Scrap metal recycling and reusing helps to create a sustainable future. Scrap metal recycling reduces greenhouse gas emissions. As per Institute of Scrap Recycling Industries (ISRI), scrap metal recycling may cut 300 to 500 million tons of greenhouse gas emission.

The scrap metal recycling market is expected to improve with the recycling rate. Development of recycling facilities in developed and developing regions, better waste collection systems, and promotion of metal recycling by manufacturers and governments is likely to help in business growth and create new business opportunities and increase employment. Canadian Association of Recycling Industries (CARI) states that the scrap metal recycling industry in Canada employs 1, 60,000 people directly and indirectly. The usage of rare metals in various products and its shortage is also expected to boost the scrap metal recycling market.

The existing products are likely to be antiquated with development of technology. The rise in technology, industrialization & urbanization, disposable income, and awareness are expected to be the factors responsible for driving the scrap metal recycling market during the forecast period.

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Asia Pacific to Lead the Global Scrap Metal Recycling Market

Geographically, the global scrap metal recycling market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Asia Pacific will lead the scrap metal recycling market due to increasing urbanization, industrialization, and construction activities, followed by North America. The scrap metal industry in the U.S. accounted for around US$ 50 Billion in 2015.

Rapid growth of construction activities in Middle East & Africa is set to provide good business opportunities to the market.

Key Manufacturers Operating in the Global Scrap Metal Recycling Market

Leading players operating in the global scrap metal recycling market include:

American Iron & Metal

ArcelorMittal

Aurubis AG

Sims Metal Management Ltd

Nucor Corporation

OmniSource Corporation

TKC Metal Recycling Inc.

Metallon Recycling Pte Ltd

DBW Metals Recycling

Kuusakoski

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Global Scrap Metal Recycling Market: Research ScopeGlobal Scrap Metal Recycling Market, by Type

Ferrous Metals

Iron

Steel

Others (Alloy Steel, Cast Iron, etc.)

Non-Ferrous Metals

Aluminum

Copper

Brass

Others (Lead, Zinc, Magnesium, etc.)

Global Scrap Metal Recycling Market, by Application

Metal Cans

Small and Large Appliances

Plastic and Glass Bottles

Others (small furniture, toys, etc.)

Large Electronics

Building Structures

Railroad Tracks

Others (farm equipment, piping, etc.)

Global Scrap Metal Recycling Market, by Region

U.S.

Canada

Germany

U.K.

France

Italy

Spain

Russia & CIS

Rest of Europe

China

India

Japan

ASEAN

Rest of Asia Pacific

Brazil

Mexico

Rest of Latin America

GCC

South Africa

Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments

Market trends and dynamics

Supply and demand

Market size

Current trends/opportunities/challenges

Competitive landscape

Technological breakthroughs

Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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edwardbailey286 · 4 years

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Cut-to-length Line Systems Market Investment Opportunity and Projected Huge Growth By 2027

Cut-to-length Line Systems Market: Introduction

According to a new market report on the global cut-to-length line systems market published by Transparency Market Research the cut-to-length (CTL) line systems market is anticipated to record installation of 23 new CTL line systems by 2027. The cut-to-length line systems market is projected to expand at a CAGR of ~2% from 2019 to 2027 in terms of volume. Growth of the cut-to-length line systems market can be attributed to the inauguration of new metal processing facilities as well as capacity expansion of existing facilities across the globe, particularly steel, aluminum, copper, and other ferrous and non-ferrous metals. The report has considered that the cut-to-length line system is made up of modules such as coil management and decoiling module, straightening device for coil strip/tube, a shearing system, and a packaging module. The report has considered entire cut-to-length line systems as one unit and all such new commissioned units have been covered under the scope of the study. Such complete units/systems are predominantly used by metal coil/ tube manufacturers. Over the forecast period, Asia Pacific is anticipated to emerge as the leading market for cut-to-length line systems, followed by North America.

Increasing Demand for Better Infrastructure Drives Cut-to-length Line Systems Market

Industries such as automotive, aerospace, construction, and manufacturing are witnessing higher growth due to the rise in demand for better resources and infrastructure across the globe. Although these industries are different from each other in terms of their core function and end products, they have one common factor, i.e. they all use metal (ferrous and non-ferrous) at the highest proportion among all inbound resources. They usually use the metal in the form of foils, sheets, plates, tubes, etc. of the specified dimension as per their use.

In order to cater to such a huge requirement of metal of specific dimension, prominent metal producers (especially steel, aluminum, copper, etc.), install high capacity CTL line systems in their production facilities. They cut the metal rolls in the desired length with the CTL line system, stack them in boxes, and ship them to the end-use industry. Hence, the rapid expansion of end-use industries has escalated the requirement of metal, which eventually results in new CTL line system installations by metal producers.

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Moreover, the growing number of smart city projects and capacity expansion of existing metal producing facilities across the globe have also escalated the demand for metal, in turn, driving the CTL line system market.

Cut-to-length Line Systems: Market Segmentation

The global cut-to-length line systems market has been segmented in terms of component, control type, and region. Based on component, the cut-to-length line systems market has been classified into decoiler, leveler, shear, stacker, and others (roller feeder, scrap collection). Among components, the decoiler segment dominated the global cut-to-length line systems market in 2018. Based on control type, the cut-to-length line systems market has been categorized into manual, semi-automatic, and automatic.

Cut-to-length Line Systems Market: Regional Outlook

In terms of region, the global cut-to-length line systems market has been segmented into North America, Eastern Europe, Western Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the cut-to-length line systems market during the forecast period. Asia Pacific led the global cut-to-length line systems market, accounting for a substantial share in 2019, with China, India, and Japan being the major markets in the region. The cut-to-length line systems market in Middle East & Africa, Europe, and South America is also projected to increase moderately over the forecast period.

The report provides in-depth segment analysis of the global cut-to-length line systems market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant share has also been included as part of geographic analysis for the cut-to-length line systems market.

Cut-to-length Line Systems Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global cut-to-length line systems market. Key players profiled in the report include Heinrich Georg GmbH, ACL MACHINE CO., LTD., ANDRITZ AG, ARKU GmbH, ATHADER, S.L., Bollina srl, Bradbury Co., Inc., Burghardt+Schmidt GmbH, COE Press Equipment Corp., Delta Steel Technologies, Dimeco Group, F.I.M.I. FABBRICA IMPIANTI MACCHINE INDUSTRIALI SPA, KOHLER Maschinenbau GmbH, Primetals Technologies Ltd., Shijiazhuang Teneng Electrical & Mechanical Equipment Co., Ltd., Sacform, and Fagor Arrasate.

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Global Cut-to-length Line Systems Market: Segmentation

Cut-to-length Line Systems Market, by Component

Decoiler

Leveler

Shear

Stacker

Others (Roller Feeder, Scrap Collection)

Cut-to-length Line Systems Market, by Control Type

Manual

Semi-automatic

Automatic

Cut-to-length Line Systems Market, by Region

North America

Asia Pacific

Middle East & Africa

South America

U.S.

Canada

Mexico

Eastern Europe

Russia

Poland

Rest of Eastern Europe

Western Europe

Germany

U.K.

France

Nordics

Benelux

Rest of Western Europe

China

India

Japan

Rest of Asia Pacific

UAE

South Africa

Rest of Middle East & Africa

Brazil

Rest of South America

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aartimuleict · 4 years

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Scrap Metal Recycling Market Demand and Insights by 2027