Global Nonferrous Metal Recycling market cagr 12.1%

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Nonferrous Metal Recycling Market

Nonferrous Metal Recycling Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Nonferrous Metal Recycling Market Size and Growth

The Nonferrous Metal Recycling market is experiencing robust growth due to rising industrial demand and increasing environmental regulations. In 2023, the market size is estimated at approximately $40 billion, driven by advancements in recycling technologies and heightened awareness of sustainability. Future growth is anticipated as resource scarcity issues intensify globally.

Companies Covered

(Covid 19 Impact Covered)

◍ Mitsubishi Materials

◍ ArcelorMittal

◍ Nucor

◍ CMC Recycling

◍ Sims Metal Management

◍ Aurubis

◍ EMR

◍ DOWA

◍ Baosteel

◍ Remondis

◍ Van Peperzeel

◍ Eldan-Recycling

◍ Guidetti

◍ Metal & Waste Recycling

◍ Great Metal Recycling

◍ Greener Recycling

◍ UCG Recycling

The nonferrous metal recycling market features major players like Mitsubishi Materials, ArcelorMittal, and Nucor, focusing on sustainability and resource recovery. These companies enhance growth through advanced technologies and extensive networks. Key 2022 revenues include:

- ArcelorMittal: $76 billion

- Nucor: $41 billion

- Sims Metal Management: $10 billion.

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Market Segmentation

By Application

Construction

Automotive

Equipment Manufacturing

Shipbuilding

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By Product

Market Growth

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$ X Billion USD

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