The demand for recycled metals in the automotive sector is likely to increase at the fastest pace from 2016 to 2024.2 bn by the end of the forecast period, increasing from US$312.Demand for Recycled Metal Surges with Rapid explosion proof cctv camera price Pace of Urbanization and Industrialization
Recycled metals find application in several end-use industries such as building and construction, electrical and electronics, industrial machinery, automotive, and shipbuilding... Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services..php?flag. The building and construction sector is the leading consumer of recycled metals, followed by the automotive industry.
In addition to high exit barriers, the entry of new players is just as challenging owing to the same reasons.)Recycled Metal Market – End-user Analysis
Building & Construction
Automotive
Electrical & Electronics
Shipbuilding
Industrial Machinery
Others (Including Household Appliances, etc.8% CAGR therein. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. By product, ferrous metals are estimated to continue leading the recycled metals market in terms of volume, registering a 4.
In this report, Transparency Market Research has estimated that in 2015 the global recycled metal market was valued at around US$312. accounted for 14. The market is estimated to be worth US$476.“The demand for recycled metal in the building and construction industry has risen owing to the surge in construction-related activities, especially in emerging economies,” the author of the study notes. The global demand stands to grow at a 4. However, the companies such as Nucor Corporation and Schnitzer Steel Industries, Inc.2 bn by end of the year 2024, exhibiting a staggering CAGR of 4. 8% for the forecast period 2016-2024. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement. “High initial capital investment for the setting up of new recycling facilities, for the installation of equipment and machinery, and for access to raw material and appropriate technologies mean that new entrants in the recycled metal market are not likely to pose much of a threat to existing vendors,” the analyst observes. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. The presence of high number of small players is expected to keep the intensity of the competition high during the forecast period.Steady Growth in Store for Global Market by Volume and ValueThe market for recycled metals is a massive one.
5% CAGR during the forecast period, driven by the rising demand for recycled steel, iron, and aluminum. Asia Pacific is the largest regional market for recycled metals enjoying a volume share of 45. “This can be attributed to the rapid pace of urbanization and industrialization in these developing regions and the surge in infrastructure development.1% CAGR from 2016 to 2024.9 bn and is expected to reach US$476. Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology.This review is based on the findings of a TMR report titled “Recycled Metal Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015-2023. The segment is anticipated to register a 4.”
The recycled metal market has been divided into the following segmentRecycled Metal Market – Product Segment Analysis
Ferrous
Non-ferrous
Others (Including Precious Metals, etc.9 bn in 2016 at a 4.5% of the global market in 2015 and smaller players contributed to about 78., have also emerged as prominent players in this market.Get accurate market forecast and analysis on the Recycled Metal Market Request a sample to stay abreast on the key trends impacting this market. These reports provide in-depth analysis and deep segmentation to possible micro levels.1% CAGR during the forecast period.
The global recycled metal market is highly fragmented as top three vendors, namely OmniSource Corporation, European Recycled Metal, and Sims Metal Management Ltd..2% in 2015.
Post je objavljen 28.08.2019. u 03:11 sati.