Market revenue in 2023 | USD 14,259.0 million |
Market revenue in 2030 | USD 21,384.0 million |
Growth rate | 6% (CAGR from 2023 to 2030) |
Largest segment | Steel |
Fastest growing segment | Other Metals |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Steel, Copper, Aluminum, Other Metals |
Key market players worldwide | European Metal Recycling, Commercial Metals Co, GFG Alliance, Norsk Hydro ASA, Schnitzer Steel Industries, Novelis, Tata Steel Ltd GDR - 144A |
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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 metal recycling market will help companies and investors design strategic landscapes.
Steel was the largest segment with a revenue share of 78.76% in 2023. Horizon Databook has segmented the India metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.
India is among the fastest-growing economies in the world and is witnessing positive economic growth owing to government initiatives such as Make in India and Atmanirbhar Bharat. These initiatives, in turn, are promoting the growth of the manufacturing industry and infrastructure development projects in the country while encouraging foreign direct investments (FDIs).
This is expected to augment the growth of equipment manufacturing and enhance metal recycling in India. Metal recycling in the country is anticipated to increase during the first quarter of 2024 owing to a number of new construction and infrastructure development projects announced by the Government of India.
Horizon Databook provides a detailed overview of country-level data and insights on the India metal recycling market , including forecasts for subscribers. This country databook contains high-level insights into India metal recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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