Ferrous Scrap Recycling Market, Global Outlook and Forecast 2023-2032
The global Ferrous Scrap 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.
Scrap metal is classified as either ferrous or non-ferrous scrap. While ferrous metals contain some degree of iron (its name derived from the Latin term meaning iron), non-ferrous metal does not contain iron as a component. Both non-ferrous and ferrous metals have been used by humans since ancient times.
This report aims to provide a comprehensive presentation of the global market for Ferrous Scrap 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 Ferrous Scrap Recycling. This report contains market size and forecasts of Ferrous Scrap Recycling in global, including the following market information:
- Global Ferrous Scrap Recycling Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Heavy Melting Steel Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Ferrous Scrap Recycling include OmniSource Corp., Metal Management Inc., Tube City, Hugo Neu Corp., Ferrous Processing & Trading Co.(FTP), Schnitzer Steel Products, PSC Metals, David J. Joseph Co.(DJJ) and AMG Resources Corp., etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We has surveyed the Ferrous Scrap 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 Ferrous Scrap Recycling Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Ferrous Scrap Recycling Market Segment Percentages, by Type, 2022 (%)
- Heavy Melting Steel
- Old Car Bodies
- Cast Iron
- Pressing Steel
- Manganese Steel
- Rails
Global Ferrous Scrap Recycling Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Ferrous Scrap Recycling Market Segment Percentages, by Application, 2022 (%)
- Building & Construction
- Automotive
- Electrical & Electronics
- Industrial Machinery
- Others
Global Ferrous Scrap Recycling Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Ferrous Scrap Recycling Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Ferrous Scrap Recycling revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Ferrous Scrap Recycling revenues share in global market, 2022 (%)
key players include:
- OmniSource Corp.
- Metal Management Inc.
- Tube City
- Hugo Neu Corp.
- Ferrous Processing & Trading Co.(FTP)
- Schnitzer Steel Products
- PSC Metals
- David J. Joseph Co.(DJJ)
- AMG Resources Corp.
- Commercial Metals Co.(CMC)
- Simsmetal America
- Alter Scrap Processing
- Joseph Behr & Sons Inc.
- Camden Iron & Metal Inc.
- Mervis Industries
- Galamba Metals Group
- American Iron & Metal
- American Iron & Metal Co
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ferrous Scrap Recycling, market overview.
Chapter 2: Global Ferrous Scrap Recycling market size in revenue.
Chapter 3: Detailed analysis of Ferrous Scrap 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 Ferrous Scrap 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.
