Global Scrap Metal Recycling Equipment
Market Report
2025
The Global Scrap Metal Recycling Equipment market size will grow at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Scrap Metal Recycling Equipment market size will grow at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Scrap Metal Recycling Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 6.5% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Scrap Metal Recycling Equipment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Metal recycling refers to the reprocessing of discarded metal into valuable goods. This practice is undertaken to decrease the release of greenhouse gases, regulate energy usage, and preserve natural resources. Metal recycling involves taking unusable metal, treating it, and transforming it into a fresh material. The expansion of urbanization and the increase in the industrialization drive the rapid growth of economies and the escalation of construction projects in different regions.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the scrap metal recycling equipment industry.
For instance, in June 2023, ArcelorMittal, the global leader in steel production, and John Cockerill, a prominent group specializing in steel processing facilities and electrolyzers, revealed their joint venture to build the world's inaugural large-scale low-temperature iron electrolysis plant. Named the Volteron facility, this plant is projected to manufacture 40,000 to 80,000 tonnes of iron plates annually in its initial phase, with production slated to commence in 2027.
The increasing global focus on environmental sustainability. Governments and regulatory bodies worldwide are implementing stringent environmental regulations to reduce greenhouse gas emissions, energy consumption, and the environmental impact of industrial processes. In response to these regulations, industries are increasingly adopting recycling practices to reduce their carbon footprint and minimize the consumption of finite natural resources.
In November 2019, ArcelorMittal invested in a new sustainability program in Europe. The objective is to obtain Responsible Steel site certification for all the ArcelorMittal Europe - Flat Products sites.
Scrap metal recycling not only conserves valuable resources but also significantly reduces energy consumption compared to primary metal production. This emphasis on sustainability and the environmental benefits of recycling is driving industries to invest in advanced scrap metal recycling equipment that allows for more efficient and eco-friendly recycling processes.
The increasing demand for raw materials and metal resources. Rapid industrialization, urbanization, and infrastructure development in emerging economies have led to a surge in demand for metals such as steel, aluminum, copper, and others. However, the finite natures of these resources and concerns about resource depletion have intensified the focus on recycling and reusing metals. Recycling offers a sustainable solution to meet the growing demand for metals while reducing the environmental impact associated with mining and primary metal production. As a result, industries are investing in advanced scrap metal recycling equipment to efficiently process and recover valuable metals from various scrap sources.
The scrap metal recycling equipment market is the high initial investment costs associated with acquiring and implementing advanced recycling equipment. Setting up a scrap metal recycling facility requires a significant capital investment in machinery, technology, infrastructure, and skilled labor. The costs include acquiring shredders, balers, sorting equipment, conveyor systems, and other specialized machinery designed for efficient metal recovery. Additionally, the installation and maintenance of these machines entail further expenses. Smaller recycling facilities and new entrants into the market may find it challenging to bear these substantial upfront costs, limiting their ability to compete effectively.
The COVID-19 pandemic had a notable impact on the Scrap Metal Recycling Equipment Market. During the initial phases of the pandemic, widespread lockdowns and reduced industrial activities led to a decrease in the generation of scrap metal. This decline in the availability of scrap metal disrupted the supply chain for recycling equipment manufacturers, as they faced reduced demand for their products. Additionally, supply chain disruptions, labor shortages, and logistical challenges affected production and delivery schedules. However, as economies gradually reopened and industries resumed operations, there was a rebound in the scrap metal recycling sector.
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The Competitive Landscape in the scrap metal recycling equipment market is marked by intense rivalry among key players striving to capture a significant share of this growing industry. The market players are engaged in various strategies to maintain and strengthen their positions, including product innovations, mergers and acquisitions, collaborations, and geographical expansion.
May 2023: Nucor Corporation has announced a capital investment that will enhance its engineered bar capabilities at its bar mill in Darlington, South Carolina. This investment will involve the implementation of vacuum degassing, allowing the mill to manufacture engineered bar products that meet the industry's highest quality standards. The vacuum degassing system is anticipated to commence operations in late 2020.
May 2019: Aurubis AG has successfully acquired the Metallo Group, a company based in Belgium and Spain. This acquisition aligns with Aurubis AG's commitment to actively pursue its multi-metal and recycling strategy. The acquisition is particularly significant as it enhances the company's multi-metal portfolio, focusing on essential metals such as copper, nickel, tin, zinc, and lead. The Metallo Group was chosen due to its promising growth potential.
Top Companies Market Share in Scrap Metal Recycling Equipment Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America is the dominant region in the Scrap Metal Recycling Equipment Market due to several key factors. The region has a well-established and mature recycling infrastructure supported by robust regulatory frameworks and environmental awareness. Recycling practices are deeply ingrained in North American industries and households, fostering a culture of sustainability. Secondly, the continent generates a substantial volume of scrap metal from various sectors, including automotive, construction, and manufacturing, creating a consistent demand for advanced recycling equipment. The United States stands out as the dominant country in the Scrap Metal Recycling Equipment Market in North America. Several reasons contribute to the USA's leadership role. Firstly, the country boasts a large and diverse industrial base, resulting in significant metal waste generation. The USA has stringent environmental regulations and emission reduction goals, driving industries to adopt efficient recycling practices and invest in state-of-the-art equipment.
Asia-Pacific is experiencing rapid growth in the scrap metal recycling equipment market for several compelling reasons. The region is home to some of the world's fastest-growing economies, including China and India, which are witnessing significant industrialization and urbanization. This industrial expansion generates substantial volumes of scrap metal, necessitating efficient recycling processes and equipment. Secondly, heightened environmental consciousness and stricter government regulations across Asia-Pacific are driving industries to adopt sustainable practices, including metal recycling.
The current report Scope analyzes Scrap Metal Recycling Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Scrap Metal Recycling Equipment Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Scrap Metal Recycling Equipment Industry growth. Scrap Metal Recycling Equipment market has been segmented with the help of its Type, Application , and others. Scrap Metal Recycling Equipment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the dominant category in the scrap metal recycling equipment market is metal shredders. Metal shredders are essential equipment for scrap metal recycling due to their versatility and efficiency in processing various types of metal scrap. These machines are designed to reduce large metal objects into smaller, manageable pieces, facilitating easier sorting, handling, and recycling. Metal shredders can handle a wide range of materials, including ferrous and non-ferrous metals, making them highly sought-after in the industry. Their ability to shred everything from cars to appliances to industrial equipment makes metal shredders indispensable for scrap recycling facilities.
The fastest-growing category in the scrap metal recycling equipment market is sorting systems. Sorting systems incorporate advanced sensor-based technologies, such as X-ray transmission and near-infrared (NIR) spectroscopy, to automate the sorting of different metals and alloys efficiently. These systems enable scrap recycling facilities to enhance the purity and quality of their output, resulting in higher market value for the recycled metals. The adoption of sorting systems is on the rise due to their ability to improve resource efficiency and reduce waste in the recycling process. They can separate metals with high precision, ensuring that valuable materials are not lost during recycling.
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The dominant category in the scrap metal recycling equipment market is building & construction. Scrap metal recycling plays a crucial role in the building and construction industry, where a substantial amount of metal waste is generated during demolition and construction processes. Recycling equipment, such as metal shredders and sorting systems, is extensively used to process and repurpose these metal scraps. The demand for scrap metal recycling equipment in the building and construction sector is driven by sustainability initiatives, cost-efficiency considerations, and environmental regulations.
According to Cognitive Market Research, the fastest-growing category in the scrap metal recycling equipment market is automotive & shipbuilding. The automotive and shipbuilding industries generate significant volumes of metal scrap due to the manufacturing and end-of-life disposal of vehicles and ships. The recycling of metals from these sectors is gaining momentum due to regulatory pressure to reduce waste and carbon emissions. Recycling equipment is crucial for efficiently processing complex metal structures, such as vehicle frames and ship components. As the automotive industry transitions toward electric vehicles and lightweight materials, the need to recycle metals becomes even more critical.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Scrap Metal Recycling Equipment Market is witnessing significant growth in the near future.
In 2023, the Sorting Systems segment accounted for noticeable share of global Scrap Metal Recycling Equipment Market and is projected to experience significant growth in the near future.
The Building & Construction segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Metso , Hitachi Construction Machinery and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Sorting Systems, Metal Shredders, Briquetting Machines, Granulating Machines, Other |
Application | Building & Construction, Automotive & Shipbuilding, Equipment Manufacturing, Consumer Appliances, Packaging, Others |
List of Competitors | Metso, ZB GROUP, Hitachi Construction Machinery, JMC Recycling Systems, Advance Hydrau Tech, Recycling Equipment Manufacturing, Iron Ax, LEFORT, Green Machine, MSS, Inc., 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. |
This chapter will help you gain GLOBAL Market Analysis of Scrap Metal Recycling Equipment. Further deep in this chapter, you will be able to review Global Scrap Metal Recycling Equipment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Scrap Metal Recycling Equipment. Further deep in this chapter, you will be able to review North America Scrap Metal Recycling Equipment Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Scrap Metal Recycling Equipment. Further deep in this chapter, you will be able to review Europe Scrap Metal Recycling Equipment Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Scrap Metal Recycling Equipment. Further deep in this chapter, you will be able to review Asia Pacific Scrap Metal Recycling Equipment Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Scrap Metal Recycling Equipment. Further deep in this chapter, you will be able to review South America Scrap Metal Recycling Equipment Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Scrap Metal Recycling Equipment. Further deep in this chapter, you will be able to review Middle East Scrap Metal Recycling Equipment Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Scrap Metal Recycling Equipment. Further deep in this chapter, you will be able to review Middle East Scrap Metal Recycling Equipment Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Scrap Metal Recycling Equipment. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Scrap Metal Recycling Equipment market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Sorting Systems have a significant impact on Scrap Metal Recycling Equipment market? |
What are the key factors affecting the Sorting Systems and Metal Shredders of Scrap Metal Recycling Equipment Market? |
What is the CAGR/Growth Rate of Building & Construction during the forecast period? |
By type, which segment accounted for largest share of the global Scrap Metal Recycling Equipment Market? |
Which region is expected to dominate the global Scrap Metal Recycling Equipment Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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