Global Ferrous Scrap Recycling Market Size & Outlook
Global ferrous scrap recycling market, 2017-2030 (US$M)
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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 |
|---|---|---|---|---|
| Ward Recycling | View profile | 251-500 | Woodville, Derbyshire, United Kingdom, Europe | https://www.ward.com |
| TSR Recycling | View profile | 1001-5000 | Lünen, Nordrhein-Westfalen, Germany, Europe | https://www.tsr.eu/ |
| Rudolf Schuy | View profile | 51-100 | Limburg, Hessen, Germany, Europe | http://schuy.eu |
| SA Recycling | View profile | 1001-5000 | Orange, California, United States, North America | http://sarecycling.com |
| OmniSource Corporation | View profile | 1001-5000 | Fort Wayne, Indiana, United States, North America | http://www.omnisource.com/ |
| Innovative Metal Recycling | View profile | 101-250 | Krefeld, Nordrhein-Westfalen, Germany, Europe | https://www.imrecycling.de |
| American Iron & Metal | View profile | 1001-5000 | Montréal, Quebec, Canada, North America | https://aim-global.com |
| Schnitzer Steel Industries | View profile | 1001-5000 | Portland, Oregon, United States, North America | http://www.schnitzersteel.com/ |
| Sims Ltd | View profile | 4000 | 189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, Australia, 2020 | https://www.simsltd.com |
| European Metals Holdings Ltd | View profile | 28000 | 35 Outram Street, Level 3, West Perth, WA, Australia, 6005 | https://www.europeanmet.com |
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 2024. 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)
- Industrial Goods
- Construction
- Consumer Goods
- Automotive
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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.
Partial client list
Global ferrous scrap recycling market size, by regions, 2017-2030 (US$M)
Top 10 countries: Ferrous scrap recycling market size, 2024 (US$M)
Global ferrous scrap recycling market share, by application, 2024 & 2030 (%, US$M)
Ferrous scrap recycling market: Opportunity assessment by country
Global ferrous scrap recycling market, by region, 2024 (US$M)
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