Global Metal Recycling Market 2019- Industry Analysis, By Key Players, Segmentation And Forecast By 2025
Metal Recycling Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025– Growing Environmental Awareness is Driving the Growth of Global Metal Recycling market. Metal Recycling Market is valued at USD 346.86 Billion in 2018 and expected to reach USD 468.56 Billion by 2025 with a CAGR of 4.39% over the forecast period. Metal recycling comprises the recovery and processing of scrap metal from end-of-life products or structures and from manufacturing scrap, so that it can be introduced as a raw material to produce new goods. It can be recycled repeatedly with no degradation of its properties and qualities. It offers raw material for new products, while having a much lower carbon footprint and more efficient utilization of resources than new material. There are two main categories of scrap metal: ferrous metal and non-ferrous metal. While ferrous metal contains some degree of iron, non-ferrous metal does ...