Vehicle Recycling Market, Global Outlook and Forecast 2023-2032
Vehicle recycling is the dismantling of vehicles for spare parts. At the end of their useful life, vehicles have value as a source of spare parts and this has created a vehicle dismantling industry. The industry has various names for its business outlets including wrecking yard, auto dismantling yard, car spare parts supplier, and recently, auto or vehicle recycling. Vehicle recycling has always occurred to some degree but in recent years manufacturers have become involved in the process. A car crusher is often used to reduce the size of the scrapped vehicle for transportation to a steel mill.
This report aims to provide a comprehensive presentation of the global market for Vehicle Recycling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vehicle Recycling. This report contains market size and forecasts of Vehicle Recycling in global, including the following market information:
Global Vehicle Recycling Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Vehicle Recycling market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Passenger Vehicle Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Vehicle Recycling include LKQ Corporation, Guangdong Metal Recycle Company, Indra, Schnitzer Steel, MATEC, ARN, SA Recycling, Toyota and BMW Group, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We has surveyed the Vehicle Recycling companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle Recycling Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Vehicle Recycling Market Segment Percentages, by Type, 2022 (%)
Passenger Vehicle
Commercial Vehicle
Global Vehicle Recycling Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Vehicle Recycling Market Segment Percentages, by Application, 2022 (%)
Vehicle Recycling
Parts Recycling
Global Vehicle Recycling Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Vehicle Recycling Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vehicle Recycling revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Vehicle Recycling revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
LKQ Corporation
Guangdong Metal Recycle Company
Indra
Schnitzer Steel
MATEC
ARN
SA Recycling
Toyota
BMW Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vehicle Recycling, market overview.
Chapter 2: Global Vehicle Recycling market size in revenue.
Chapter 3: Detailed analysis of Vehicle Recycling company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vehicle Recycling in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
