The global Non-Ferrous Scrap market was valued at 10787.38 Million USD in 2021 and will grow with a CAGR of 2.18% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Aluminum, copper, lead, nickel, tin, and zinc are among the many base metals that are referred in the industry as nonferrous scrap. These materials have a variety of uses and maintain their chemical properties through repeated recycling and reprocessing. This trait makes nonferrous metals infinitely recyclable and important to maintaining sustainability in resource conservation.Nonferrous metal scrap plays an important role in various fields.The main sales markets are in Asia Pacific and North America.After sweeping Asia Pacific and North America, it also has strong purchasing markets in Europe, South Asia, Japan and India.The asia-pacific region is the largest consumer of nonferrous scrap, with a market share of more than 40 percent in 2019.

By Market Verdors:

Sims Metal Management

OmniSource

European Metal Recycling

Schnitzer Steel Industries

Hanwa

Commercial Metals

Stena Metal International

Yechiu Group

Chiho Environmental Group

Nucor

Cohen

DOWA

By Types:

Copper

Aluminum

Lead and Zinc

Nickel

By Applications:

Building & Construction

Automotive

Equipment Manufacturing

Shipbuilding

Consumer Appliances

Battery

Packaging

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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