Press release
Metal Recycling Market is Dazzling Worldwide and Forecast to 2031
Energy production, transportation, and industrial activities are the three largest contributors to global greenhouse gas emissions. Replacing fossil fuels with low-carbon technologies would require a multifold increase in renewable energy investments and cause a strong increase in demand for metals. However, developing mines takes a very long time often a decade or more and presents various challenges, at both the company and country level and thus recycling of metals is a viable solution to full-fill the demand. Thus, speeding up the transition to electrification and renewable energy is expected to propel the demand of metals and in return is anticipated to drive the global metal recycling market. Further, the government push for recycling of metals is fuelling demand of metal recycling. For instance, in June 2021 the European Union announced to consider clamping down on exports of metal waste to encourage more regional recycling, part of an effort to become climate neutral by 2050. In March 2021, Indian Ministry of Mines has issued a national non-ferrous metal recycling framework, 2020 in a bid to cut down the imports. In November 2021, The Australian Government announced its plan to invest $190 million into the Recycling modernization fund, leveraging over $800 million of recycling infrastructure investment.
To Request a Sample of our Report on Metal Recycling Market: https://www.omrglobal.com/request-sample/metal-recycling-market
Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Metal Type
By Type
By End-Use
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Aurubis AG, Dowa Holdings Co., Ltd, Nucor Corp., ArcelorMittal S.A., and Tata Steel Ltd.
Metal Recycling Market Report by Segment
By Metal
Ferrous
Non-Ferrous
By Type
Old
New
By End-Use
Construction
Automotive
Shipbuilding
Equipment Manufacturing
Consumer Appliances
Others
A full Report of Metal Recycling Market is Available @ https://www.omrglobal.com/industry-reports/metal-recycling-market
Metal Recycling Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Baosteel Group Corp.
Commercial Metals Company (CMC)
European Metal Recycling Ltd.
Kimmel Iron & Metal Co., Inc.
Metallon Recycling Pte Ltd
Novelis Inc.
OmniSource, LLC
Remondis Se & Co. KG
Schnitzer Steel Industries, Inc.
Sims Metal Management Ltd.
Tom Martin & Co. Ltd.
Wieland Recycling GmbH
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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