Brazil Scrap Metal Recycling Market Growth, Size, Trends, Share, Revenue and Future Outlook
Brazil Scrap Metal Recycling Market Size- By Metal, By Scrap Type, By Equipment, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2024 | Report ID: CHEM2482 | Pages: 1 - 106 | Formats*: |
| Category : Chemical & Materials | |||
Brazil Scrap Metal Recycling Market Introduction and Overview
According to SPER Market Research, the Brazil Scrap Metal Recycling Market is estimated to reach USD 1041.44 million by 2033 with a CAGR of 5.37%.
The report includes an in-depth analysis of the Brazil Scrap Metal Recycling Market, including market size and trends, product mix, applications, and supplier analysis. Recycling scrap metal involves taking out and reusing metal components from buildings and end-of-life goods so they may be utilised as raw materials to create new goods. This recycled metal can be used to make poles, ropes, and bars, among other things. Reusing and recycling metals instead of throwing them in the trash is the main objective of the scrap metal cycle. Recycling metal reduces the need to mine new metal, safeguarding water quality and animal habitats.
- In October 2020, ArcelorMittal and Triple M merged to become Integrated Metal Recycling Inc. This joint company will consolidate several of the two partners' recycling programmes in Quebec. This cooperation is projected to increase revenue for the scrap metal recycling business.
- In May 2020, Aurubis AG acquired Metallo, a scrap metal recycling company. This purchase was designed to expand the company's metal scrap production capabilities. It will also most likely help Aurubis AG boost its global market share in metal recycling.
Market Opportunities and Challenges
Opportunities- The Scrap Metal Recycling market in Brazil is being pushed by increased awareness of environmental sustainability and the desire to decrease carbon footprint. Government measures to promote recycling practices, as well as the economic benefits of metal recycling, are important market drivers. As industry recognise the value of circular economies, demand for recycled metals is increasing, resulting in growth in this sector.
Challenges-
Metal recycling in an informal sector: The scrap metal recycling market in Brazil is essentially informal, making it difficult for authorities to monitor and oversee the recycling process. The lack of rules limits the safety of recycled metal that will be utilised in end-user sectors such as construction and automotive. As a result, the end goods from these industries may or may not fulfil international safety requirements. This is a significant limiting factor for the Brazilian scrap metal recycling sector.
Market Competitive Landscape
Brazil's Scrap Metal Recycling market is fragmented and competitive. The growing number of businesses and digitization trends create new opportunities for service providers. Companies employ strategic partnerships and acquisitions to enhance their product portfolio, professional cybersecurity capabilities, and infrastructure, allowing them to offer the most up-to-date service add-ons and customisations. Gerdau S.A, Companhia Brasileira de AlumÃnio (CBA), Metalic, R.S. Metais, Brasil Metals, WR Metais, Cobrecom, and Recemil are among the market leaders.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Metal, By Scrap Type, By Equipment, By End User |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | Gerdau S.A, Companhia Brasileira de AlumÃnio (CBA), Metalic, R.S. Metais, Brasil Metals, WR Metais, Cobrecom, Recemil. |
COVID-19 Impact on Brazil Scrap Metal Recycling Market
The COVID-19 pandemic has had a substantial influence on the scrap metal recycling market. The quick spread of the pandemic has lowered demand for metals in a variety of industries, including construction, automotive, and aerospace. It has also disrupted the worldwide supply chain, making it impossible for metal recyclers to obtain the equipment and materials they require to operate. This has resulted in a slowing in the recycling process and decreased output during the epidemic.
Key Target Audience:
- Scrap Metal Collectors and Dealers
- Recycling Companies
- Manufacturing and Industrial Companies
- Government and Regulatory Bodies
- Investors and Financial Institutions
- Environmental Organizations
- Waste Management Companies
- End-users
Our in-depth analysis of the Brazil Scrap Metal Recycling Market includes the following segments:
| By Metal: |
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| By Scrap Type: |
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| By Equipment: |
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| By End User: |
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Key Topics Covered in the Report:
- Brazil Scrap Metal Recycling Market Size (FY’2024-FY’2033)
- Overview of Brazil Scrap Metal Recycling Market
- Segmentation of Brazil Scrap Metal Recycling Market By Metal (Ferrous, Non-ferrous)
- Segmentation of Brazil Scrap Metal Recycling Market By Scrap Type (Old Scrap, New Scrap)
- Segmentation of Brazil Scrap Metal Recycling Market By Equipment (Shredders, Shears, Granulating Machines, Briquetting Machines)
- Segmentation of Brazil Scrap Metal Recycling Market By End User (Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Packaging, Consumer Appliances, Others)
- Statistical Snap of Brazil Scrap Metal Recycling Market
- Expansion Analysis of Brazil Scrap Metal Recycling Market
- Problems and Obstacles in Brazil Scrap Metal Recycling Market
- Competitive Landscape in the Brazil Scrap Metal Recycling Market
- Impact of COVID-19 and Demonetization on Brazil Scrap Metal Recycling Market
- Details on Current Investment in Brazil Scrap Metal Recycling Market
- Competitive Analysis of Brazil Scrap Metal Recycling Market
- Prominent Players in the Brazil Scrap Metal Recycling Market
- SWOT Analysis of Brazil Scrap Metal Recycling Market
- Brazil Scrap Metal Recycling Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Brazil Scrap Metal Recycling Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Brazil Scrap Metal Recycling Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Brazil Scrap Metal Recycling Market
7. Brazil Scrap Metal Recycling Market, By Metal (USD Million) 2020-2033
7.2. Brazil Scrap Metal Recycling Market Size, Share and Forecast, By Metal, 2027-20337.1. Brazil Scrap Metal Recycling Market Size, Share and Forecast, By Metal, 2020-20267.3. Ferrous
7.3.1. Iron7.3.2. Steel7.4. Non-ferrous7.4.1. Copper7.4.2. Aluminum7.4.3. Lead7.4.4. Others
8. Brazil Scrap Metal Recycling Market, By Scrap Type (USD Million) 2020-2033
8.1. Brazil Scrap Metal Recycling Market Size, Share and Forecast, By Scrap Type, 2020-20268.2. Brazil Scrap Metal Recycling Market Size, Share and Forecast, By Scrap Type, 2027-20338.3. Old Scrap8.4. New Scrap
9. Brazil Scrap Metal Recycling Market, By Equipment (USD Million) 2020-2033
9.1. Brazil Scrap Metal Recycling Market Size, Share and Forecast, By Equipment, 2020-20269.2. Brazil Scrap Metal Recycling Market Size, Share and Forecast, By Equipment, 2027-20339.3. Shredders9.4. Shears9.5. Granulating Machines9.6. Briquetting Machines
10. Brazil Scrap Metal Recycling Market, By End User (USD Million) 2020-2033
10.1. Brazil Scrap Metal Recycling Market Size, Share and Forecast, By End User, 2020-202610.2. Brazil Scrap Metal Recycling Market Size, Share and Forecast, By End User, 2027-203310.3. Building & Construction10.4. Automotive10.5. Equipment Manufacturing10.6. Shipbuilding10.7. Packaging10.8. Consumer Appliances10.9. Others
11. Brazil Scrap Metal Recycling Market Forecast, 2020-2033 (USD Million)
11.1. Brazil Scrap Metal Recycling Market Size and Market Share
12. Brazil Scrap Metal Recycling Market, By Region, 2020-2033 (USD Million)
12.1. Brazil Scrap Metal Recycling Market Size and Market Share By Region (2020-2026)12.2. Brazil Scrap Metal Recycling Market Size and Market Share By Region (2027-2033)12.3. Eastern Region12.4. Western Region12.5. Southern Region12.6. Northern Region
13. Company Profile
13.1. Gerdau S.A
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Companhia Brasileira de AlumÃnio (CBA)13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Metalic13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. R.S. Metais13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Brasil Metals13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. WR Metais13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Cobrecom13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Recemil13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The key players in the Market include Companies Covered Gerdau S.A, Companhia Brasileira de Alumínio (CBA), Metalic, R.S. Metais, Brasil Metals, WR Metais, Cobrecom, Recemil.
The high cost of advanced diabetes drugs and the financial burden of treating diabetes remain major obstacles to market growth, despite the fact that numerous drugs have been approved for the condition and that governments and industry players are launching numerous initiatives.
Brazil Scrap Metal Recycling Market is projected to reach USD 1041.44 million by 2033, growing at a CAGR of 5.37% during the forecast period.
Brazil Scrap Metal Recycling Market grew in Market size from 2024. The Market is expected to reach USD 1041.44 million by 2033, at a CAGR of 5.37% during the forecast period.
Brazil Scrap Metal Recycling Market CAGR of 5.37% during the forecast period.
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Brazil Scrap Metal Recycling Market size is USD 1041.44 million from 2024 to 2033.
Brazil Scrap Metal Recycling Market is covered By Metal, By Scrap Type, By Equipment, By End User
The Central and South America is anticipated to have the highest Market share in the Brazil Scrap Metal Recycling Market.
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