Vehicle Recycling Market Growth and Forecast 2022-2027

Page 1

Global Vehicle Recycling Market Research Report 2022-2027

© 2022 IMARC All Rights Reserved

Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group


About IMARC Group

Report Description

International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.


Report Description and Highlights Report Description Global Vehicle Recycling Market Outlook 2022-2027: The latest report by IMARC Group, titled “Vehicle Recycling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, finds that the global vehicle recycling market is expected to exhibit a CAGR of XX% during 2022-2027. Vehicle recycling refers to the process of dismantling and reducing automobiles to small pieces. It involves the removal of all reusable parts like tires, wheels, batteries, radiators, transmission systems, oil filters and rubber hoses. After this, auto recyclers crush the vehicles using mobile auto crushing units. Earlier, the remaining shredded residue, made up of textile fibers, plastics, glass and even rust, usually ended up in landfills. However, with the latest vehicle recycling technologies, it has become possible to sort shredded materials, thereby enabling a zero-landfill process. Request for a PDF sample of this report: https://www.imarcgroup.com/vehicle-recycling-market/requestsample


Report Description and Highlights

Report Description

Global Vehicle Recycling Market Drivers/Constraints: The widespread adoption of metal scrap, particularly steel, in the manufacturing of affordable, lightweight and fuel-efficient vehicles represents one of the major factors driving the vehicle recycling market worldwide. Governments of various nations are implementing several regulations to reduce the negative environmental impact associated with the vehicles (ELVs) and the disposal of batteries, rubber, oils and other materials. Moreover, nowadays end of life, automotive recyclers are using sophisticated tools and methods to recover used vehicles for extracting polymers, fluids and natural materials. They are also utilizing various innovative devices, such as optical sensors, to identify small pieces of metal in the scrap. However, the coronavirus disease (COVID-19) pandemic negatively impacted the recycling industry, as most automakers and recyclers had shut their plants to comply with lockdown directives announced in several countries. Looking forward, the market is expected to continue its strong growth during the forecast period (2022-2027). View Report TOC, Figures and Tables: https://www.imarcgroup.com/vehicle-recycling-market


Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Material: •Iron •Aluminium •Steel •Rubber •Copper •Glass •Plastic •Others


Report Description and Highlights

Report Description Breakup by Type:

•Passenger Cars Recycling •Commercial Vehicles Recycling

Breakup by Application: •OEMs •Aftermarket


Report Description and Highlights

Report Description Breakup by Region:

•North America (United States, Canada) •Europe (Germany, France, United Kingdom, Italy, Spain, Others) •Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) •Latin America (Brazil, Mexico, Others) •Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others) Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/request?type=report&id=1907&flag=E


Key Questions Answered in the Report

Report Description

Key Questions Answered in This Report 1. What was the size of the global vehicle recycling market in 2021? 2. What is the expected growth rate of the global vehicle recycling market during 2022-2027? 3. What are the key factors driving the global vehicle recycling market? 4. What has been the impact of COVID-19 on the global vehicle recycling market? 5. What is the breakup of the global vehicle recycling market based on the type? 6. What is the breakup of the global vehicle recycling market based on the material? 7. What is the breakup of the global vehicle recycling market based on application? 8. What are the key regions in the global vehicle recycling market? 9. Who are the key players/companies in the global vehicle recycling market?


Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents


Report Description

Table of Contents

5 Global Vehicle Recycling Market 5.1 5.2 5.3 5.4

Market Overview Market Performance Impact of COVID-19 Market Forecast


A partial List of

We are the trusted business partners to the

Clients world's leading corporates, governments, and ourPartial ClientsList of institutions


A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions


Report Description and Highlights

Report Description

© 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.


Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.