Global Metal Powder Market Will Flourish by 2016 – 2024 Global Metal Recycling Market Growth, Size Estimat | Page 3

Metal Recycling Market
On the other hand, high cost for production and recycling process is the main reason
hampering the growth of global metal recycling market. High cost for raw material is one of
the reasons that are decreasing the growth of the global market. Moreover, high labor
charges are also one of the significant reasons that are restraining the growth of the global
market. Similarly, high cost for transportation for metal is also one of the significant reasons
that are restraining the growth of the global market.
Global Metal Recycling Market: Segmentation
Based on the types, the global metal recycling market is mainly classified as ferrous metal
and non-ferrous metal.
On the basis of scrap types, the global market is divided into old scrap and new scrap.
Based on the equipment, the global market for metal recycling is segmented into shears,
shredders, briquette machines, granulating machines, and others.
Based on the end user sector, the global market is segmented into automotive, building &
construction, shipbuilding, equipment manufacturing, packaging, consumer appliances,
furnishing, aerospace, residential & commercial utensils sectors, and others.
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Global Metal Recycling Market: Regional Analysis
Regionally, the global market for metal recycling is significantly segmented into Latin
America, Middle East and Africa, North America, and Europe. Increasing urbanized
population is boosting the global market in the North America. Increased awareness