May 04, 2021There are primarily two sources of supply of metals - extraction from natural resources and secondarily by recycling of used metals. Recycling of metals not only supports sustainability but also provides environmental and industrial benefits, such as it saves energy, minimizes waste volume and reduces pollution. Recycling of metals also reduces cost. There are different types of metals that can be recycled without changing their original properties, for instance, steel, aluminium, cobalt, lead, copper, etc. In some metals, recycling is considerably cheaper than extraction from natural resources such as in case of aluminium. Due to all these reasons metal recycling is very important in the world these days.
SIZE OF THE MARKET
In terms of volume, global Recycled Metal Market demand was projected at 787.5 million tons in 2018 and is expected to reach 1,042.3 million tons by 2025. It is estimated to develop by a CAGR of 4.1% during the period of forecast. In terms of value, the global metal recycling market size was valued at US$ 562.87 billion in 2019 and expected to reach US$ 806.61 billion by 2027, with at a compound annual growth rate (CAGR) of 4.6% during the forecast period 2020 to 2027. Both volume and value wise, it is going to be one of the most booming industry in the coming years.
GROWTH FACTORS
Rising urbanization and industrialization across the globe accounted as the major factor that propels the growth of metal recycling industry over the coming years. This trend has significantly prospered the growth numerous industries that include automotive, construction, consumer goods, packaging, ship building, equipment manufacturing, and many others that have notable usage of metals across different applications that further drives the overall market growth. Apart from the application of recycled metals, growing emphasis of governments of various regions toward sustainable waste management along with conservation of natural resources expected to be the other main factors that fuel that market growth for metal recycling over the upcoming years.
MARKET DYNAMICS
MAJOR COMPETITORS
Recycled metal market share is highly consolidated as the major players constituted more than 50% of the total industry share in 2018. Some of the major processed metal industry players are Nucor Corporation, Aurubis Ag, Steel Dynamics, Novelis, Commercial Metal Company, Sims Metal Management, European Metal Recycling, ELG HanielGmbh and Schnitzer Steel. Most of these players are making substantial investment in forming strategic partnership in order to enhance their overall presence in the industry share.
AlCircle Pte Ltd, 30 Cecil Street, Prudential Tower, Singapore 049712
+91 7439512079
info@alcirclebiz.com
Copyright © 2023 AlCircleBiz All Rights Reserved.
'Most searched' on AlCircleBiz
Raw Materials and Consumables:
Magnesite | Fluorspar | Propeller Scrap | Tin Brass Scrap | Gun Metal Scrap | Honey Brass Scrap | Silicon Metal 2202 | Silicon Metal 3303 | Silicon Metal 421 | Silicon metal 441 | Silicon metal 553 | Silicon Metal | Silicon metal 553 | Silicon metal 441 | Silicon metal 3303
Primary Aluminium:
Aluminium Ingots | Aluminium Scrap | Aluminium Ingot | Aluminium Alloy Ingot | Copper Billets | Aluminium Billets | ADC12 Ingot | Primary Aluminium Ingots
Machinery and Equipment:
Heat Sink | Dust Suppression & Control System | Alumina / Fly Ash / Lime Tanker | Y81-200 Metal Baler | Q91Y-360 Guillotine shear | Anode Transfer Vehicle - ATV | Crushed Bath Tanker
Aluminium Products:
Aluminium Scrap 6063 | 3004 Aluminium Foil | Aluminium powder | House on Wheels Interior | Radiator Door | Aluminium Caul Board | Aluminium Coil | Aluminium Corrugated Sheet | Aluminium Chequered Sheets | Aluminium Sheets | Aluminium Scrap 97 Purity
End User:
Screw Module Series | Aluminium Die- Casting | Aluminium Medical Equipment Profile | Led Aluminium Profile | Mobile frame series | Electronic Series | Chamber series | Bike Accessories | Aluminium Tope | Aluminium Circle | Aluminium Extrusion | Standard Geometric Profiles
Utility and Services:
Logistics Services | Equipment Assessment Service | Material Audits & Valuation Service | Remelting of Aluminium Scrap Service | Cable Recycling Service | Warehousing and Distribution Service | Sea Freight Service
Surplus Products:
Chlorine Supply Unit | Aluminium Extrusion Plant | MCT 160 Horizontal Double Spindle Machining Center
Aluminium Buying Leads:
Aluminium Ingot | Aluminium Ingot A7 | Aluminium Scrap 6063 | Low Purity Secondary aluminium Ingot
Aluminium Selling Leads:
Chlorine Supply Unit | Aluminum Cables | Aluminium ADC12 Ingots | High Quality Aluminium Extrusion Profiles
Sellers:
Hindalco Brasil | RIA Cast House Engineering | Prodigo Metals Recovery | Ceraflux India Pvt. Ltd. | Madina Metal | Hensfate Metal | Automation Innovation | Teeba Metals Trading LLC
AlCircleBiz: CONNECTING BUSINESS - IN THE GLOBAL ALUMINIUM INDUSTRY
Founded in 2019 and based out of Singapore, AlCircleBiz is the world's 1st online B2B marketplace for the global aluminium industry, connecting businesses. One of the biggest USPs of AlCircleBiz is – it covers the entire aluminium value chain i.e., from - raw materials and consumables, primary aluminium, equipment, aluminium products, scrap, technology, service providers – bringing everything under one roof.
When you register on AlCircleBiz, you can post business leads, get to explore all listed products and services and can send enquiries directly to the sellers. When you onboard as a registered seller, you can list unlimited products/services to get new customers & grow your business in the domestic as well as international aluminium industry.
BUY/SEND ENQUIRY FROM AlCircleBiz
Raw Materials and Consumables
Find quality & verified aluminium raw materials and consumables suppliers, manufacturers, exporters, importers and buyers around the world. Get contact details and address of companies & reach out to them through online enquiries. From Propeller Scrap, Tin Brass Scrap, Gun Metal Scrap, Honey Brass Scrap, Silicon Metal 3303 and more. Discover sellers like Xiamen JCX Import And Export Co.Ltd, Al-Azeem Enterprises, Madina Metal and more.
Primary Aluminium
Find Primary aluminium manufacturers and suppliers. Choose reliable and genuine primary aluminium manufacturers, suppliers, exporters at AlCircleBiz. Aluminium Ingot, Billet, Alloy Bar latest price from sellers like RADIANTA ALLOYS PVT. LTD., Shayona Impex, Silver Rush Exim and more.
Machinery and Equipment
Find quality aluminium machinery and equipment, suppliers, manufacturers, exporters, importers and buyers around the world. Send enquiries on aluminium machinery and equipment products to get price quotes and other information.
Aluminium Products
Find quality & verified aluminium products suppliers, manufacturers, exporters, importers and buyers around the world. Latest price on aluminium products. Get contact details and address of companies manufacturing and supplying aluminium products.
End User
Find quality aluminium end user product suppliers, manufacturers, exporters, importers and buyers around the world. Get contact details and address of companies manufacturing and supplying aluminium end user products.
Utility and Services
Find all different kinds of aluminium utility and services providers around the world at AlCircleBiz. Get contact details and address of companies providing utility and services for the aluminium industry.
Surplus Products
SURPLUS, a unique feature of AlCircleBiz, to help you sell any unused assets, with customized and dedicated marketing to attract immediate customer needs. If you have any unused product, raw materials, scrap or used equipment or machinery and you want to sell it off, then you can get verified enquiries from potential customers by availing this SURPLUS feature.
Aluminium Business Leads
Both sellers and buyers can post business leads for any specific requirements & can choose to respond to other active business leads.
Post Buying and Selling leads at AlCircleBiz is easy, fast & super affordable! We follow an authentic online method of reaching a niche audience and once you have posted a lead, you can get an unlimited number of responses against your lead. These business leads cover the entire aluminium value chain that includes Raw Materials and Consumables, Primary Aluminium, Machinery and Equipment, Aluminium Products, End User, Utility and Services and Surplus Products.
AUTHENTICITY
The in-house team of experts at AlCircleBiz is trained to check and verify the authenticity of online presence of all their registered sellers and business leads, hence you get a list of reliable product suppliers and only verified leads.
SERVICES AND PRICING
Registration on AlCircleBiz is FREE. With Registration, you get the following benefits -
- Explore AlCircleBiz platform to get connected with global sellers and buyers
- Check out all products/services & send unlimited enquiries directly to the sellers
- Post unlimited buying and selling requirements as Business Leads
- Get responses from potential customers against your posted Lead (First 10 responses in one year are free)
- Check out other active Business Leads and respond directly to the clients at No Cost - Unlimited Responses
If you onboard yourself as a registered seller for FREE, you get the following additional benefits
- Get free company profile page on AlCircleBiz website
- List unlimited number of products/services
- Get enquiries directly in your Inbox from potential clients (First 10 enquiries in one year are free)
We also have many paid offerings - like MyBiz, Surplus, Advertisement Solutions etc.
Visit us at: www.alcirclebiz.com
Global marketplace for the
entire aluminium value chain.
Sign In/Up
Email
Call
