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Global Vehicle Recycling Market Research Report 2024
Synopsis
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 Vehicle Recycling market was valued at US$ 75030 million in 2023 and is anticipated to reach US$ 197720 million by 2030, witnessing 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.
This report aims to provide a comprehensive presentation of the global market for Vehicle Recycling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vehicle Recycling.
Report Scope
The Vehicle Recycling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vehicle Recycling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vehicle Recycling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Automotive Steel Recycling
Automotive Non-ferrous Metal Recycling
Automotive Plastic Recycling
Automotive Rubber Recycling
Others
Segment by Application
Materials Recycling
Reusable Parts
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Vehicle Recycling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by 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 5: Provides the analysis of various market segments by 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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 Vehicle Recycling market was valued at US$ 75030 million in 2023 and is anticipated to reach US$ 197720 million by 2030, witnessing 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.
This report aims to provide a comprehensive presentation of the global market for Vehicle Recycling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vehicle Recycling.
Report Scope
The Vehicle Recycling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vehicle Recycling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vehicle Recycling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Automotive Steel Recycling
Automotive Non-ferrous Metal Recycling
Automotive Plastic Recycling
Automotive Rubber Recycling
Others
Segment by Application
Materials Recycling
Reusable Parts
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Vehicle Recycling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by 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 5: Provides the analysis of various market segments by 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Vehicle Recycling Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Automotive Steel Recycling
1.2.3 Automotive Non-ferrous Metal Recycling
1.2.4 Automotive Plastic Recycling
1.2.5 Automotive Rubber Recycling
1.2.6 Others
1.3 Market by Application
1.3.1 Global Vehicle Recycling Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Materials Recycling
1.3.3 Reusable Parts
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Vehicle Recycling Market Perspective (2019-2030)
2.2 Vehicle Recycling Growth Trends by Region
2.2.1 Global Vehicle Recycling Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Vehicle Recycling Historic Market Size by Region (2019-2024)
2.2.3 Vehicle Recycling Forecasted Market Size by Region (2025-2030)
2.3 Vehicle Recycling Market Dynamics
2.3.1 Vehicle Recycling Industry Trends
2.3.2 Vehicle Recycling Market Drivers
2.3.3 Vehicle Recycling Market Challenges
2.3.4 Vehicle Recycling Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Vehicle Recycling Players by Revenue
3.1.1 Global Top Vehicle Recycling Players by Revenue (2019-2024)
3.1.2 Global Vehicle Recycling Revenue Market Share by Players (2019-2024)
3.2 Global Vehicle Recycling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Vehicle Recycling Revenue
3.4 Global Vehicle Recycling Market Concentration Ratio
3.4.1 Global Vehicle Recycling Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Vehicle Recycling Revenue in 2023
3.5 Vehicle Recycling Key Players Head office and Area Served
3.6 Key Players Vehicle Recycling Product Solution and Service
3.7 Date of Enter into Vehicle Recycling Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Vehicle Recycling Breakdown Data by Type
4.1 Global Vehicle Recycling Historic Market Size by Type (2019-2024)
4.2 Global Vehicle Recycling Forecasted Market Size by Type (2025-2030)
5 Vehicle Recycling Breakdown Data by Application
5.1 Global Vehicle Recycling Historic Market Size by Application (2019-2024)
5.2 Global Vehicle Recycling Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Vehicle Recycling Market Size (2019-2030)
6.2 North America Vehicle Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Vehicle Recycling Market Size by Country (2019-2024)
6.4 North America Vehicle Recycling Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Vehicle Recycling Market Size (2019-2030)
7.2 Europe Vehicle Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Vehicle Recycling Market Size by Country (2019-2024)
7.4 Europe Vehicle Recycling Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Vehicle Recycling Market Size (2019-2030)
8.2 Asia-Pacific Vehicle Recycling Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Vehicle Recycling Market Size by Region (2019-2024)
8.4 Asia-Pacific Vehicle Recycling Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Vehicle Recycling Market Size (2019-2030)
9.2 Latin America Vehicle Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Vehicle Recycling Market Size by Country (2019-2024)
9.4 Latin America Vehicle Recycling Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Vehicle Recycling Market Size (2019-2030)
10.2 Middle East & Africa Vehicle Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Vehicle Recycling Market Size by Country (2019-2024)
10.4 Middle East & Africa Vehicle Recycling Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 LKQ
11.1.1 LKQ Company Detail
11.1.2 LKQ Business Overview
11.1.3 LKQ Vehicle Recycling Introduction
11.1.4 LKQ Revenue in Vehicle Recycling Business (2019-2024)
11.1.5 LKQ Recent Development
11.2 Schnitzer Steel Industries
11.2.1 Schnitzer Steel Industries Company Detail
11.2.2 Schnitzer Steel Industries Business Overview
11.2.3 Schnitzer Steel Industries Vehicle Recycling Introduction
11.2.4 Schnitzer Steel Industries Revenue in Vehicle Recycling Business (2019-2024)
11.2.5 Schnitzer Steel Industries Recent Development
11.3 Scholz
11.3.1 Scholz Company Detail
11.3.2 Scholz Business Overview
11.3.3 Scholz Vehicle Recycling Introduction
11.3.4 Scholz Revenue in Vehicle Recycling Business (2019-2024)
11.3.5 Scholz Recent Development
11.4 Sims Metal Management
11.4.1 Sims Metal Management Company Detail
11.4.2 Sims Metal Management Business Overview
11.4.3 Sims Metal Management Vehicle Recycling Introduction
11.4.4 Sims Metal Management Revenue in Vehicle Recycling Business (2019-2024)
11.4.5 Sims Metal Management Recent Development
11.5 European Metal Recycling
11.5.1 European Metal Recycling Company Detail
11.5.2 European Metal Recycling Business Overview
11.5.3 European Metal Recycling Vehicle Recycling Introduction
11.5.4 European Metal Recycling Revenue in Vehicle Recycling Business (2019-2024)
11.5.5 European Metal Recycling Recent Development
11.6 ECOBAT Technologies
11.6.1 ECOBAT Technologies Company Detail
11.6.2 ECOBAT Technologies Business Overview
11.6.3 ECOBAT Technologies Vehicle Recycling Introduction
11.6.4 ECOBAT Technologies Revenue in Vehicle Recycling Business (2019-2024)
11.6.5 ECOBAT Technologies Recent Development
11.7 ALBA Europe
11.7.1 ALBA Europe Company Detail
11.7.2 ALBA Europe Business Overview
11.7.3 ALBA Europe Vehicle Recycling Introduction
11.7.4 ALBA Europe Revenue in Vehicle Recycling Business (2019-2024)
11.7.5 ALBA Europe Recent Development
11.8 Miracle Automation Engineering
11.8.1 Miracle Automation Engineering Company Detail
11.8.2 Miracle Automation Engineering Business Overview
11.8.3 Miracle Automation Engineering Vehicle Recycling Introduction
11.8.4 Miracle Automation Engineering Revenue in Vehicle Recycling Business (2019-2024)
11.8.5 Miracle Automation Engineering Recent Development
11.9 GEM
11.9.1 GEM Company Detail
11.9.2 GEM Business Overview
11.9.3 GEM Vehicle Recycling Introduction
11.9.4 GEM Revenue in Vehicle Recycling Business (2019-2024)
11.9.5 GEM Recent Development
11.10 KEIAISHA
11.10.1 KEIAISHA Company Detail
11.10.2 KEIAISHA Business Overview
11.10.3 KEIAISHA Vehicle Recycling Introduction
11.10.4 KEIAISHA Revenue in Vehicle Recycling Business (2019-2024)
11.10.5 KEIAISHA Recent Development
11.11 Toyota Metal
11.11.1 Toyota Metal Company Detail
11.11.2 Toyota Metal Business Overview
11.11.3 Toyota Metal Vehicle Recycling Introduction
11.11.4 Toyota Metal Revenue in Vehicle Recycling Business (2019-2024)
11.11.5 Toyota Metal Recent Development
11.12 Indra
11.12.1 Indra Company Detail
11.12.2 Indra Business Overview
11.12.3 Indra Vehicle Recycling Introduction
11.12.4 Indra Revenue in Vehicle Recycling Business (2019-2024)
11.12.5 Indra Recent Development
11.13 SA Metal Group
11.13.1 SA Metal Group Company Detail
11.13.2 SA Metal Group Business Overview
11.13.3 SA Metal Group Vehicle Recycling Introduction
11.13.4 SA Metal Group Revenue in Vehicle Recycling Business (2019-2024)
11.13.5 SA Metal Group Recent Development
11.14 Mahindra MSTC Recycling
11.14.1 Mahindra MSTC Recycling Company Detail
11.14.2 Mahindra MSTC Recycling Business Overview
11.14.3 Mahindra MSTC Recycling Vehicle Recycling Introduction
11.14.4 Mahindra MSTC Recycling Revenue in Vehicle Recycling Business (2019-2024)
11.14.5 Mahindra MSTC Recycling Recent Development
11.15 Anel Doga
11.15.1 Anel Doga Company Detail
11.15.2 Anel Doga Business Overview
11.15.3 Anel Doga Vehicle Recycling Introduction
11.15.4 Anel Doga Revenue in Vehicle Recycling Business (2019-2024)
11.15.5 Anel Doga Recent Development
11.16 Kaiho Sangyo
11.16.1 Kaiho Sangyo Company Detail
11.16.2 Kaiho Sangyo Business Overview
11.16.3 Kaiho Sangyo Vehicle Recycling Introduction
11.16.4 Kaiho Sangyo Revenue in Vehicle Recycling Business (2019-2024)
11.16.5 Kaiho Sangyo Recent Development
11.17 GWA
11.17.1 GWA Company Detail
11.17.2 GWA Business Overview
11.17.3 GWA Vehicle Recycling Introduction
11.17.4 GWA Revenue in Vehicle Recycling Business (2019-2024)
11.17.5 GWA Recent Development
11.18 Renova Ecopeças
11.18.1 Renova Ecopeças Company Detail
11.18.2 Renova Ecopeças Business Overview
11.18.3 Renova Ecopeças Vehicle Recycling Introduction
11.18.4 Renova Ecopeças Revenue in Vehicle Recycling Business (2019-2024)
11.18.5 Renova Ecopeças Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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