Global Vehicle Recycling Market Size 2024: Research Analysis of Consumption Volume, Share, Revenue, and Market Forecast to 2031
The major global manufacturers of Vehicle Recycling Market include: LKQ, Schnitzer Steel Industries, Scholz, Sims Metal Management, European Metal Recycling, ECOBAT Technologies, ALBA Europe, Miracle Automation Engineering, GEM, KEIAISHA, Toyota Metal, Indra, SA Metal Group, Mahindra MSTC Recycling, Anel Doga, Kaiho Sangyo, GWA, Renova Ecopeças, .
The Global “Vehicle Recycling Market” Research Report 2024 offers a comprehensive analysis of the market, including its size, share, trends, growth opportunities, and potential for expansion. The report segments the market by value and volume, focusing on manufacturing, application, type, and geography. It provides a geographic analysis covering regions such as North America, Europe, Asia-Pacific, and the Rest of the World. Additionally, the Vehicle Recycling market within each region is further segmented by major countries, including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
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Vehicle Recycling Market Analysis and Insights:
The automobile is already one of the most effectively recovered and recycled consumer products, with its parts being used again in vehicles or for other purposes. The metals used in its manufacture are routinely recovered, reused and recycled to high levels.
A major benefit of car recycling is that the steel from their parts can be reused for other purposes. This means that new ore doesn’t have to be mined and less energy is needed for the manufacture of recycled steel. This results in less air pollution, less water pollution and less mining waste, all a plus for the environment.
Proper recycling of cars also safely disposes of hazardous materials from the vehicle, such as oil, coolant, brake fluid and air conditioning gases that are harmful to environment and humans.
The global market for Vehicle Recycling was estimated to be worth USD 75030 million in 2023 and is forecast to a readjusted size of USD 197720 million by 2030 with a CAGR of 15.0% during the forecast period 2024-2030
LKQ is the world’s largest manufacturers of the Vehicle Recycling with a market share of about 13%. Other major manufacturers include Schnitzer Steel Industries, Scholz and Sims Metal Management, etc. The North America region is the world’s largest market for Vehicle Recycling, has a share nearly 40%, followed by Europe and Asia-Pacific, with share about 30% and 27%, separately. In terms of product types, steel is the largest market segment, occupying for a share of about 68%. In terms of product applications, Vehicle Recycling is mainly used in materials recycling, with a market share of over 80%, the rest are reusable parts.
Report Scope
This latest report researches the industry structure, sales, revenue, price and gross margin. Major producers’ production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Vehicle Recycling manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases.
Key Companies Covered
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and market share analysis of the prominent players are also provided in this section. Additionally, the specialists have done an all-encompassing analysis of each player. They have also provided reliable sales, revenue, price, market share and rank data of the manufacturers.
Some of the players in the research report include:
- LKQ
- Schnitzer Steel Industries
- Scholz
- Sims Metal Management
- European Metal Recycling
- ECOBAT Technologies
- ALBA Europe
- Miracle Automation Engineering
- GEM
- KEIAISHA
- Toyota Metal
- Indra
- SA Metal Group
- Mahindra MSTC Recycling
- Anel Doga
- Kaiho Sangyo
- GWA
- Renova Ecopeças
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Vehicle Recycling segment by Type:
- Automotive Steel Recycling
- Automotive Non-ferrous Metal Recycling
- Automotive Plastic Recycling
- Automotive Rubber Recycling
- Others
Vehicle Recycling segment by Application:
- Materials Recycling
- Reusable Parts
Key Regions & Countries
This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the value and sales data of each region and country for the period 2017-2031.
- North America
- United States
- Canada
- Europe
- Germany
- France
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COVID-19 and Russia-Ukraine War Influence Analysis
The readers in the section will understand how the Vehicle Recycling market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Reasons to Buy This Report
This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Vehicle Recycling market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Vehicle Recycling and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Vehicle Recycling industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Vehicle Recycling.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapters included in this report:
- Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
- Chapter 2: Detailed analysis of Vehicle Recycling manufacturers competitive landscape, price, output and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 3: Production/output, value of Vehicle Recycling by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
- Chapter 4: Consumption of Vehicle Recycling in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
- Chapter 5: Provides the analysis of various market segments according to product type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 6: Provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, revenue, , price, gross margin, product introduction, recent development, etc.
- Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 9: Analysis of sales channel, distributors and customers
- Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
More.
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Detailed TOC of Global Vehicle Recycling Market Research Report
1 Vehicle Recycling Market Overview
1.1 Product Definition
1.2 Vehicle Recycling by Type
1.2.1 Global Vehicle Recycling Market Value Comparison by Type (2024-2030)
1.3 Vehicle Recycling by Application
1.3.1 Global Vehicle Recycling Market Value by Application (2024-2030)
1.4 Global Vehicle Recycling Market Size Estimates and Forecasts
1.4.1 Global Vehicle Recycling Revenue 2019-2030
1.4.2 Global Vehicle Recycling Sales 2019-2030
1.4.3 Global Vehicle Recycling Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Vehicle Recycling Market Competition by Manufacturers
2.1 Global Vehicle Recycling Sales Market Share by Manufacturers (2019-2024)
2.2 Global Vehicle Recycling Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Vehicle Recycling Average Price by Manufacturers (2019-2024)
2.4 Global Key Players of Vehicle Recycling, Industry Ranking, 2024 VS 2023 VS 2024
2.5 Global Key Manufacturers of Vehicle Recycling, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Vehicle Recycling, Product Type & Application
2.7 Global Key Manufacturers of Vehicle Recycling, Date of Enter into This Industry
2.8 Global Vehicle Recycling Market Competitive Situation and Trends
2.8.1 Global Vehicle Recycling Market Concentration Rate
2.8.2 The Global 5 and 10 Largest Vehicle Recycling Players Market Share by Revenue
2.8.3 Global Vehicle Recycling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Vehicle Recycling Market Scenario by Region
3.1 Global Vehicle Recycling Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Vehicle Recycling Sales by Region: 2019-2030
3.2.1 Global Vehicle Recycling Sales by Region: 2019-2024
3.2.2 Global Vehicle Recycling Sales by Region: 2025-2030
3.3 Global Vehicle Recycling Revenue by Region: 2019-2030
3.3.1 Global Vehicle Recycling Revenue by Region: 2019-2024
3.3.2 Global Vehicle Recycling Revenue by Region: 2025-2030
3.4 North America Vehicle Recycling Market Facts & Figures by Country
3.4.1 North America Vehicle Recycling Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Vehicle Recycling Sales by Country (2019-2030)
3.4.3 North America Vehicle Recycling Revenue by Country (2019-2030)
3.4.4 United States
3.4.5 Canada
3.5 Europe Vehicle Recycling Market Facts & Figures by Country
3.5.1 Europe Vehicle Recycling Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Vehicle Recycling Sales by Country (2019-2030)
3.5.3 Europe Vehicle Recycling Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Vehicle Recycling Market Facts & Figures by Region
3.6.1 Asia Pacific Vehicle Recycling Market Size by Region: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Vehicle Recycling Sales by Region (2019-2030)
3.6.3 Asia Pacific Vehicle Recycling Revenue by Region (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Southeast Asia
3.7 Latin America Vehicle Recycling Market Facts & Figures by Country
3.7.1 Latin America Vehicle Recycling Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Vehicle Recycling Sales by Country (2019-2030)
3.7.3 Latin America Vehicle Recycling Revenue by Country
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.7.7 Colombia
3.8 Middle East and Africa Vehicle Recycling Market Facts & Figures by Country
3.8.1 Middle East and Africa Vehicle Recycling Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Vehicle Recycling Sales by Country (2019-2030)
3.8.3 Middle East and Africa Vehicle Recycling Revenue by Country
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Vehicle Recycling Sales by Type (2019-2030)
4.1.1 Global Vehicle Recycling Sales by Type (2019-2024)
4.1.2 Global Vehicle Recycling Sales by Type (2025-2030)
4.1.3 Global Vehicle Recycling Sales Market Share by Type (2019-2030)
4.2 Global Vehicle Recycling Revenue by Type (2019-2030)
4.2.1 Global Vehicle Recycling Revenue by Type (2019-2024)
4.2.2 Global Vehicle Recycling Revenue by Type (2025-2030)
4.2.3 Global Vehicle Recycling Revenue Market Share by Type (2019-2030)
4.3 Global Vehicle Recycling Price by Type (2019-2030)
5 Segment by Application
5.1 Global Vehicle Recycling Sales by Application (2019-2030)
5.1.1 Global Vehicle Recycling Sales by Application (2019-2024)
5.1.2 Global Vehicle Recycling Sales by Application (2025-2030)
5.1.3 Global Vehicle Recycling Sales Market Share by Application (2019-2030)
5.2 Global Vehicle Recycling Revenue by Application (2019-2030)
5.2.1 Global Vehicle Recycling Revenue by Application (2019-2024)
5.2.2 Global Vehicle Recycling Revenue by Application (2025-2030)
5.2.3 Global Vehicle Recycling Revenue Market Share by Application (2019-2030)
5.3 Global Vehicle Recycling Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Manufacture 1
6.1.1 Manufacture 1 Company Information
6.1.2 Manufacture 1 Description and Business Overview
6.1.3 Manufacture 1 Vehicle Recycling Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Manufacture 1 Vehicle Recycling Product Portfolio
6.1.5 Manufacture 1 Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Vehicle Recycling Industry Chain Analysis
7.2 Vehicle Recycling Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Vehicle Recycling Production Mode & Process
7.4 Vehicle Recycling Sales and Marketing
7.4.1 Vehicle Recycling Sales Channels
7.4.2 Vehicle Recycling Distributors
7.5 Vehicle Recycling Customers
8 Vehicle Recycling Market Dynamics
8.1 Vehicle Recycling Industry Trends
8.2 Vehicle Recycling Market Drivers
8.3 Vehicle Recycling Market Challenges
8.4 Vehicle Recycling Market Restraints
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
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