The automobile is already one of the most effectively recovered and recycled consumer products, with its parts being used again in vehicles or for other purposes. The metals used in its manufacture are routinely recovered, reused and recycled to high levels.
Market Analysis and Insights: Global Automotive Recycling Market
The global Automotive Recycling market size is projected to reach US$ 397220 million by 2028, from US$ 123100 million in 2021, at a CAGR of 18.0% during 2022-2028.
Global Automotive Recycling key players include Scholz, Schnitzer Steel Industries, LKQ, Toyota, ECOBAT Technologies, etc. Global top five manufacturers hold a share about 10%.
North America is the largest market, with a share about 45%, followed by Europe and Asia-Pacific, both have a share over 40 percent.
In terms of product, Metal is the largest segment, with a share about 75%. And in terms of application, the largest application is New Products Manufacture, followed by Reusable Parts.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Recycling market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Recycling market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automotive Recycling market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automotive Recycling market.
Global Automotive Recycling Scope and Market Size
Automotive Recycling market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Automotive Recycling market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Metal
Polymer
Other
Segment by Application
New Products Manufacture
Reusable Parts
By Company
Scholz
Schnitzer Steel Industries
LKQ
Toyota
ECOBAT Technologies
Sims Metal Management
EMR
Hensel Recycling
VW
Miracle Automation
KEIAISHA
Indra
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Market Analysis and Insights: Global Automotive Recycling Market
The global Automotive Recycling market size is projected to reach US$ 397220 million by 2028, from US$ 123100 million in 2021, at a CAGR of 18.0% during 2022-2028.
Global Automotive Recycling key players include Scholz, Schnitzer Steel Industries, LKQ, Toyota, ECOBAT Technologies, etc. Global top five manufacturers hold a share about 10%.
North America is the largest market, with a share about 45%, followed by Europe and Asia-Pacific, both have a share over 40 percent.
In terms of product, Metal is the largest segment, with a share about 75%. And in terms of application, the largest application is New Products Manufacture, followed by Reusable Parts.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Recycling market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Recycling market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automotive Recycling market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automotive Recycling market.
Global Automotive Recycling Scope and Market Size
Automotive Recycling market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Automotive Recycling market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Metal
Polymer
Other
Segment by Application
New Products Manufacture
Reusable Parts
By Company
Scholz
Schnitzer Steel Industries
LKQ
Toyota
ECOBAT Technologies
Sims Metal Management
EMR
Hensel Recycling
VW
Miracle Automation
KEIAISHA
Indra
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.