Germany Ferrous Scrap Recycling Market Size & Outlook
Related Markets
Germany ferrous scrap recycling market highlights
- The Germany ferrous scrap recycling market generated a revenue of USD 15.3 million in 2021 and is expected to reach USD 22.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.5% from 2022 to 2030.
- In terms of segment, construction was the largest revenue generating application in 2021.
- Consumer Goods is the most lucrative application segment registering the fastest growth during the forecast period.
Ferrous scrap recycling market data book summary
| Market revenue in 2021 | USD 15.3 million |
| Market revenue in 2030 | USD 22.6 million |
| Growth rate | 4.5% (CAGR from 2021 to 2030) |
| Largest segment | Construction |
| Fastest growing segment | Consumer Goods |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Automotive, Consumer Goods, Industrial Goods |
| Key market players worldwide | European Metals Holdings Ltd, Sims Ltd, Schnitzer Steel Industries, American Iron & Metal, Innovative Metal Recycling, OmniSource Corporation, SA Recycling, Rudolf Schuy, TSR Recycling, Ward Recycling |
Other key industry trends
- In terms of revenue, Germany accounted for 11.0% of the global ferrous scrap recycling market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany ferrous scrap recycling market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 22.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Ferrous Scrap Recycling Market Scope
Ferrous Scrap Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ward Recycling | View profile | 251-500 | Woodville, Derbyshire, United Kingdom, Europe | https://www.ward.com |
| TSR Recycling | View profile | 1001-5000 | Lünen, Nordrhein-Westfalen, Germany, Europe | https://www.tsr.eu/ |
| Rudolf Schuy | View profile | 51-100 | Limburg, Hessen, Germany, Europe | http://schuy.eu |
| SA Recycling | View profile | 1001-5000 | Orange, California, United States, North America | http://sarecycling.com |
| OmniSource Corporation | View profile | 1001-5000 | Fort Wayne, Indiana, United States, North America | http://www.omnisource.com/ |
| Innovative Metal Recycling | View profile | 101-250 | Krefeld, Nordrhein-Westfalen, Germany, Europe | https://www.imrecycling.de |
| American Iron & Metal | View profile | 1001-5000 | Montréal, Quebec, Canada, North America | https://aim-global.com |
| Schnitzer Steel Industries | View profile | 1001-5000 | Portland, Oregon, United States, North America | http://www.schnitzersteel.com/ |
| Sims Ltd | View profile | 4000 | 189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, Australia, 2020 | https://www.simsltd.com |
| European Metals Holdings Ltd | View profile | 28000 | 35 Outram Street, Level 3, West Perth, WA, Australia, 6005 | https://www.europeanmet.com |
Germany ferrous scrap recycling market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ferrous scrap recycling market will help companies and investors design strategic landscapes.
Construction was the largest segment with a revenue share of 45.75% in 2024. Horizon Databook has segmented the Germany ferrous scrap recycling market based on construction, automotive, consumer goods, industrial goods covering the revenue growth of each sub-segment from 2017 to 2030.
In terms of volume, Germany held the largest share of 23.3% of the ferrous scrap recycling market in Europe in 2021, and the market is anticipated to grow at a CAGR of 4.5%, in terms of revenue, between 2022 and 2030.
Shifting focus towards creating a sustainable and circular economy is anticipated to drive the market growth in the country over the forecast period. The Germany’s recycling rate for steel is 90%. The recovery rate from construction & demolition is 88%, automotive is 92.3%, and packaging is 68%.
Furthermore, one of Europe's most comprehensive vehicles scrappage programs is in place in the country, offering vehicle owners a USD3,320 rebate when they trade in an older vehicle for a new one in 9 years.
Reasons to subscribe to Germany ferrous scrap recycling market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Germany ferrous scrap recycling market databook
-
Our clientele includes a mix of ferrous scrap recycling market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany ferrous scrap recycling market , including forecasts for subscribers. This country databook contains high-level insights into Germany ferrous scrap recycling market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany ferrous scrap recycling market size, by application, 2017-2030 (US$M)
Germany Ferrous Scrap Recycling Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
