openPR Logo
Press release

Recycled Metal Market Size and Forecasts (2020 - 2030)

09-19-2023 04:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Recycled metals are needed as a valuable resource that creates various metals products. The process of recycling metals involves collecting used or discarded metals, processing it, and creating a new metals material. Metals recycling plays a vital part in reducing the environmental impact of both mining and manufacturing, as well as conserving natural resources. It also offers economic benefits by reducing energy consumption and production cost. Indeed, the recycling of both ferrous and non-ferrous metals such as aluminium, brass, tin, bronze, cast iron, steel, and copper brings numerous benefits.

Click Here to Get Sample PDF- https://www.theinsightpartners.com/sample/TIPRE00003777/?utm_source=OpenPR&utm_medium=10310

The Recycled Metals Market is expected to grow substantially during the forecast period. The global recycled metals market is experiencing accelerated growth due to several factors. The governments of various nations are emphasizing on recycling of metals by enacting various laws and regulations. These regulations often require manufacturers to procure raw materials from recycled sources, thereby promoting the use of recycled metals. However, the limited availability of srap collection zones or recycling facilities can impede the market's growth. More collection points or recycling centres make it easier for individuals and businesses to properly dispose of their srap metals. The unavailability of such facilities can result in a lower supply of recyclable metals, affecting the overall market growth. By recycling metals, reliance on virgin raw materials can be reduced and the need for energy-intensive mining and extraction processes can be minimized. Besides, rapid urbanization and industrialization in both developed and developing economies is anticipated to drive demand for metals in construction, infrastructure development, and manufacturing across globe. Leading metallurgy companies are opting for development of sustainable products to decarbonising their operations and meet climate change mitigation targets. For instance, in August 2021, Tata Steel entered in Steel Recycling Business, by commissioning its first recycling plant of 500 kilo tons per annum in Haryana, India. This will help in reducing the carbon emissions, energy utilization and focus on carbon neutrality.

The research provides answers to the following key questions:
• What is the estimated growth rate of the market for the forecast period 2023-2030? What will be the market size during the estimated period?
• What are the key driving forces responsible for shaping the fate of the Recycled Metal market during the forecast period?
• Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Recycled Metal market?
• What are the prominent market trends influencing the development of the Recycled Metal market across different regions?
• What are the major threats and challenges likely to act as a barrier in the growth of the Recycled Metal market?
• What are the major opportunities the market leaders can rely on to gain success and profitability?

Ask for Discount- https://www.theinsightpartners.com/discount/TIPRE00003777/?utm_source=OpenPR&utm_medium=10310

Recycled Metal Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Contact Us:

If you have any queries about this report or if you would like further information, please contact us

Ankit Mathur
Sr. Vice President - Research
sales@theinsightpartners.com

About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Recycled Metal Market Size and Forecasts (2020 - 2030) here

News-ID: 3213504 • Views:

More Releases from The Insight Partners

Medical Vacuum Filters Market Positioned for Substantial Growth Through 2031
Medical Vacuum Filters Market Positioned for Substantial Growth Through 2031
New York, US - August 28, 2025- A new market report from The Insight Partners projects a strong and steady expansion for the global medical vacuum filters market, fueled by a confluence of rising healthcare demands and technological innovation. The report, titled "Medical Vacuum Filters Market Share, Size, Trends, and Forecast by 2031," highlights that the sector is set for significant growth in both market size and innovation over the
Growing Industrial Automation and IoT Driving the Level Translators Market
Growing Industrial Automation and IoT Driving the Level Translators Market
New York, US - August 21, 2025- The market for level translators is projected to grow significantly by 2031, fueled by the rise in industrial automation and the expanding use of consumer electronics, automotive systems, and IoT devices. According to a new report from The Insight Partners, this growth is driven by the increasing need for components that can seamlessly bridge the gap between devices operating at different voltage
Beveling Machine Market Driven by Precision Engineering
Beveling Machine Market Driven by Precision Engineering
New York, US - August 21, 2025 - A newly released Beveling Machine Market report by The Insight Partners provides a comprehensive view of how automation, innovation, and safety improvements are driving the next phase of development in the metal fabrication sector. As organizations across construction, energy, shipbuilding, and heavy manufacturing demand higher productivity and reduced manual intervention, the global Beveling Machine Market size is set to grow steadily through
Growing Industrial Automation and IoT Driving the Level Translators Market
Growing Industrial Automation and IoT Driving the Level Translators Market
New York, US - August 29, 2025- The market for level translators is projected to grow significantly by 2031, fueled by the rise in industrial automation and the expanding use of consumer electronics, automotive systems, and IoT devices. According to a new report from The Insight Partners, this growth is driven by the increasing need for components that can seamlessly bridge the gap between devices operating at different voltage

All 5 Releases


More Releases for Recycled

Recycled Glass Sales Market Size Analysis by Application, Type, and Region: Fore …
USA, New Jersey- According to Market Research Intellect, the global Recycled Glass Sales market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. The recycled glass sales market is showing steady growth, driven by rising environmental awareness and increasing demand for sustainable materials across various industries. With
Recycled Lubricant Market: Explosive Growth
The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Recycled Lubricant market. It includes Porter's Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Recycled Lubricant Market. We have provided deep analysis of the vendor landscape to give you a
Recycled Plastic Market: Rising Demand for Eco-Friendly Products Driving Recycle …
[100+ Pages Report] | Global "Recycled Plastic Market" research report provides Innovative Insights on the Strategies adopted by Major Global in the worldwide industry. This valuable information offers businesses and investors a clear understanding of the market's Competitive Landscape, Growth Potential, and Impending Opportunities. The modern report highlights Latest Mergers, Achievements, Revenue Offshoring, R & D, Development Plans, Progression Growth, and Collaborations. The global recycled plastic market is projected to grow
Recycled Elastomers Market | J. Allcock & Sons Limited, RubberForm Recycled Prod …
Global Recycled Elastomers Market: Overview The report details an exhaustive account of the global recycled elastomers market along with numerous associated factors. Some of these factors that are included in the report are drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and many other aspects. The study covered in the report spans a forecast period from 2018 to 2028. From an
Recycled Elastomers Market - Transformation Survey 2028 | J. Allcock & Sons Limi …
Global Recycled Elastomers Market: Overview The report details an exhaustive account of the global recycled elastomers market along with numerous associated factors. Some of these factors that are included in the report are drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and many other aspects. The study covered in the report spans a forecast period from 2018 to 2028. From an
Light Weight Nature of Recycled Plastic is Fuelling the Growth of Post-Consumer …
Packaging products made of eco-friendly material are gaining popularity as market players are adapting to sustainable packaging methods. Products and materials sold in the consumer markets, which have served their intended purpose or completed their life cycle are sent to material recovery facilities (MRF’s). Packaging products made of plastic materials recovered from MRFs contribute to the category of post-consumer recycled plastic packaging. One of the prominent material which is being