The Impact of COVID-19 is included in Vehicle Recycling Market Report. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
Vehicle Recycling Trends and Forecast
The future of the global vehicle recycling market looks promising with opportunities in the passenger car recycling and commercial vehicle recycling markets. The global vehicle recycling market is expected to reach an estimated $155.9 billion by 2030 with a CAGR of 12.5% from 2024 to 2030. The major drivers for this market are significantly growing urbaniztion and industralization, increased awareness among consumers about the benefits of recycled vehicles, and rising investments in the vehicle recycling infrastructure.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Vehicle Recycling by Segment
The study includes a forecast for the global vehicle recycling by material, vehicle type, and region.
Vehicle Recycling Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Iron
• Aluminium
• Steel
• Rubber
• Copper
• Glass
• Plastic
• Others
Vehicle Recycling Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
• Passenger Cars Recycling
• Commercial Vehicles Recycling
Vehicle Recycling Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Vehicle Recycling Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vehicle recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vehicle recycling companies profiled in this report include-
• ASM Auto Recycling
• Copart
• Eco-bat Technologies
• INDRA
• Keiaisha
• Hensel Recycling
• LKQ
• Schnitzer Steel Industries
• Scholz Recycling
• Sims Metal Management
Vehicle Recycling Market Insights
Lucintel forecasts that steel is expected to witness the highest growth over the forecast period as it is inexpensive in nature.
Within this market, passenger car recycling is expected to witness the higher growth.
APAC is expected to witness highest growth over the forecast period due to rapid economic growth and growing consumer awareness towards the environmental advantages of using recycled materials.
Features of the Global Vehicle Recycling Market
Market Size Estimates: Vehicle recycling market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Vehicle recycling market size by material, vehicle type, and region in terms of value ($B).
Regional Analysis: Vehicle recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different materials, vehicle types, and regions for the vehicle recycling market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vehicle recycling market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the vehicle recycling market size?
Answer: The global vehicle recycling market is expected to reach an estimated $155.9 billion by 2030.
Q2. What is the growth forecast for vehicle recycling market?
Answer: The global vehicle recycling market is expected to grow with a CAGR of 12.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the vehicle recycling market?
Answer: The major drivers for this market are significantly growing urbaniztion and industralization, increased awareness among consumers about the benefits of recycled vehicles, and rising investments in the vehicle recycling infrastructure.
Q4. What are the major segments for vehicle recycling market?
Answer: The future of the vehicle recycling market looks promising with opportunities in the passenger car recycling and commercial vehicle recycling markets.
Q5. Who are the key vehicle recycling market companies?
Answer: Some of the key vehicle recycling companies are as follows:
• ASM Auto Recycling
• Copart
• Eco-bat Technologies
• INDRA
• Keiaisha
• Hensel Recycling
• LKQ
• Schnitzer Steel Industries
• Scholz Recycling
• Sims Metal Management
Q6. Which vehicle recycling market segment will be the largest in future?
Answer: Lucintel forecasts that steel is expected to witness the highest growth over the forecast period as it is inexpensive in nature.
Q7. In vehicle recycling market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid economic growth and growing consumer awareness towards the environmental advantages of using recycled materials.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the vehicle recycling market by material (iron, aluminium, steel, rubber, copper, glass, plastic, and others), vehicle type (passenger cars recycling and commercial vehicles recycling), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Vehicle Recycling Market, Vehicle Recycling Market Size, Vehicle Recycling Market Growth, Vehicle Recycling Market Analysis, Vehicle Recycling Market Report, Vehicle Recycling Market Share, Vehicle Recycling Market Trends, Vehicle Recycling Market Forecast, Vehicle Recycling Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Vehicle Recycling Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Vehicle Recycling Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Vehicle Recycling Market by Material
3.3.1: Iron
3.3.2: Aluminium
3.3.3: Steel
3.3.4: Rubber
3.3.5: Copper
3.3.6: Glass
3.3.7: Plastic
3.3.8: Others
3.4: Global Vehicle Recycling Market by Vehicle Type
3.4.1: Passenger Cars Recycling
3.4.2: Commercial Vehicles Recycling
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Vehicle Recycling Market by Region
4.2: North American Vehicle Recycling Market
4.2.2: North American Vehicle Recycling Market by Vehicle Type: Passenger Cars Recycling and Commercial Vehicles Recycling
4.3: European Vehicle Recycling Market
4.3.1: European Vehicle Recycling Market by Material: Iron, Aluminium, Steel, Rubber, Copper, Glass, Plastic, and Others
4.3.2: European Vehicle Recycling Market by Vehicle Type: Passenger Cars Recycling and Commercial Vehicles Recycling
4.4: APAC Vehicle Recycling Market
4.4.1: APAC Vehicle Recycling Market by Material: Iron, Aluminium, Steel, Rubber, Copper, Glass, Plastic, and Others
4.4.2: APAC Vehicle Recycling Market by Vehicle Type: Passenger Cars Recycling and Commercial Vehicles Recycling
4.5: ROW Vehicle Recycling Market
4.5.1: ROW Vehicle Recycling Market by Material: Iron, Aluminium, Steel, Rubber, Copper, Glass, Plastic, and Others
4.5.2: ROW Vehicle Recycling Market by Vehicle Type: Passenger Cars Recycling and Commercial Vehicles Recycling
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Vehicle Recycling Market by Material
6.1.2: Growth Opportunities for the Global Vehicle Recycling Market by Vehicle Type
6.1.3: Growth Opportunities for the Global Vehicle Recycling Market by Region
6.2: Emerging Trends in the Global Vehicle Recycling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Vehicle Recycling Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Vehicle Recycling Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ASM Auto Recycling
7.2: Copart
7.3: Eco-bat Technologies
7.4: INDRA
7.5: Keiaisha
7.6: Hensel Recycling
7.7: LKQ
7.8: Schnitzer Steel Industries
7.9: Scholz Recycling
7.10: Sims Metal Management
.
Buy full report or by chapter as follows
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Please sign in below to get report brochure - Vehicle Recycling Market Report.