Global Ferrous Scrap Recycling Market Size & Outlook
Global ferrous scrap recycling market, 2017-2030 (US$M)
Related Markets
Global ferrous scrap recycling market highlights
- The global ferrous scrap recycling market generated a revenue of USD 138.3 million in 2021 and is expected to reach USD 192.6 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 3.8% by 2030.
- In terms of segment, construction accounted for a revenue of USD 64.0 million in 2021.
- Consumer Goods is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2021.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 138.3 million |
| Market revenue in 2030 | USD 192.6 million |
| Growth rate | 3.8% (CAGR from 2021 to 2030) |
| Largest segment | Construction |
| Fastest growing segment | Consumer Goods |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Automotive, Consumer Goods, Industrial Goods |
Other key industry trends
- In terms of revenue, the North America accounted for 30.7% of the global ferrous scrap recycling market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 1.7 million by 2030.
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Ferrous Scrap Recycling Market Scope
Ferrous Scrap Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global ferrous scrap recycling market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ferrous scrap recycling market will help companies and investors design strategic landscapes.
Construction was the largest segment with a revenue share of 46.28% in 2021. Horizon Databook has segmented the Global ferrous scrap recycling market based on construction, automotive, consumer goods, industrial goods covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Ferrous Scrap Recycling Application Outlook (Revenue, USD Million, 2017-2030)
- Construction
- Automotive
- Consumer Goods
- Industrial Goods
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Target buyers of Global ferrous scrap recycling market databook
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Our clientele includes a mix of ferrous scrap recycling market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ferrous scrap recycling market , including forecasts for subscribers. This global databook contains high-level insights into Global ferrous scrap recycling market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global ferrous scrap recycling market size, by regions, 2017-2030 (US$M)
Top 10 countries: Ferrous scrap recycling market size, 2021 (US$M)
Global ferrous scrap recycling market share, by application, 2021 & 2030 (%, US$M)
Ferrous scrap recycling market: Opportunity assessment by country
Global ferrous scrap recycling market, by region, 2021 (US$M)
Related regional statistics
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