Title: Metal Recycling Market - Forecast(2021 - 2026)
1Metal Recycling Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Globally 1.6 billion people are involved in the
recycling sector, handling more than 600 million
tons of recyclable goods annually. - The recycling sector have an annual turnover of
approximately 200 billion revenue.1 Many
metals found on Earths crust are on the verge of
depletion with the excessive exhaustion by over
increasing consumption rate.
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Key Takeaways
- Metal recycling is useful in various industries
including construction, automotive, electronics,
shipbuilding, and others. - The construction industry is spearheading the
metal recycling technique for a healthy output
and profitable market growth. - According to the Institute of Civil Engineers,
the global construction is forecasted to gain a
market revenue of 8 trillion by 2030, steered by
China, the U.S., and India.
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By Distribution Channel- Segment
Analysis Manufacturing of new metals is a
complicated and conventional method for
construction companies. Turning huge amounts of
old scrap metals into reusable and comparatively
new metals have been adopted by these companies
to expand the exponential turnover and meet the
demand of the global population increasing
rapidly. The global metal recycling market from
the construction industry is expected to grow at
a CAGR of 8 for the forecast period 2019-2025.
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- Metal Recycling Market Industry Outlook
- Arcelor Mittal S.A,
- Nucor Corporation,
- Commercial Metal Company,
- Novelis Inc.,
- Norton Aluminum Ltd.
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Metal Recycling Market - Forecast(2021 -
2026) Learn More About the Report _at_
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ycling-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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Contact (1) 970-236-3677
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