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Brazil Scrap Metal Recycling Market

Brazil Scrap Metal Recycling Market

Brazil Scrap Metal Recycling Market, By Metal (Ferrous, Non-ferrous); By Scrap Type (Old Scrap, New Scrap); By Equipment (Shredders, Shears, Granulating Machines, Briquetting Machines); By End User (Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Packaging, Consumer Appliances, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: May 2024
  • Report ID: BWC24387
  • Available Format: PDF
  • Page: 200

Report Overview

An increasing focus on thwarting rising raw material prices and addressing the growing concerns for environmental sustainability is expected to boost the growth of Brazil Scrap Metal Recycling Market during the forecast period between 2024 and 2030.

Brazil Scrap Metal Recycling Market - Industry Trends & Forecast Report, 2030

The Brazil Scrap Metal Recycling Market size was estimated to be worth USD 640.22 million in 2023. During the forecast period between 2024 and 2030, the Brazil Scrap Metal Recycling Market size is projected to grow at a CAGR of 5.12%, reaching a value of USD 890.19 million by 2030. Major growth factors for the Brazil Scrap Metal Recycling Market include rising urbanization and industrialization and an increasing demand for steel and other metals. Additionally, the government and private sectors are encouraging recycling due to the diminishing levels of natural resources, which is expected to fuel the growth of the Brazil metal recycling market over the forecast period.

Brazil Scrap Metal Recycling Market

Scrap Metal Recycling – Overview

Scrap metal recycling is removing and reusing metal parts from end-of-life products and buildings to be used as raw materials to make new products. Items like poles, ropes, and bars may be made from this recycled metal. The primary goal of the scrap metal cycle is to recycle and reuse metals rather than dispose of them in landfills. Recycling metal lowers the quantity of new metal that has to be mined, protecting animal habitats and water quality. Metal may be recycled indefinitely.

Brazil Scrap Metal Recycling Market

Growth Drivers

Rising Focus on Recycling for Sustainability

The increasing environment awareness and rising focus towards sustainability is emerging as one of the major driving factor for the Brazil scrap metal recycling market. Recycling scrap metal lessens the demand for raw material extraction and mining, which contributes to the preservation of natural resources. Redirecting scrap metal from landfills contributes to waste reduction as well. Recycling is important, as it is a profitable sector that lowers carbon emissions and generates employment. One of the most recycled materials in the nation is steel. Positive government initiatives to lower carbon emissions are also anticipated to propel market expansion.

Challenges

Informal Sector of Metal Recycling

The scrap metal recycling sector in Brazil is inherently informal, which makes it difficult for the authorities to track and regulate the recycling process. The lack of regulations limits the safety regulations for recycled metal that will be further used in the end user industries, including construction and automotive. As a result, the final products in these industries may or may not meet international safety standards. This acts as a major restraining factor for the Brazil scrap metal recycling market.

Brazil Scrap Metal Recycling Market

Segmental Coverage

Brazil Scrap Metal Recycling Market – By Metal

Based on metal, the Brazil Scrap Metal Recycling Market is segmented into ferrous and non-ferrous. The ferrous segment is further divided into iron and steel. The non-ferrous segment is further sub-segmented into copper, aluminum, lead, and others. The ferrous segment holds a larger share of Brazil Scrap Metal Recycling Market, as recycled iron and steel have a wide range of applications in various industries, including automotive, consumer goods, and building & construction. The building & construction sector uses a significant amount of scrap iron and aluminum metal for a variety of projects, including bridge and highway construction, which drives the demand for ferrous scrap metal.

Brazil Scrap Metal Recycling Market Share

Brazil Scrap Metal Recycling Market – By Equipment

Based on equipment, the Brazil Scrap Metal Recycling Market is segmented into shredders, shears, granulating machines, and briquette machines. The shredders segment accounts for the highest market share in the Brazil Scrap Metal Recycling Market by equipment.

Brazil Scrap Metal Recycling Market – By End User

Based on end user, the Brazil Scrap Metal Recycling Market is segmented into building & construction, automotive, equipment manufacturing, shipbuilding, packaging, consumer appliances, and others. The building & construction segment dominates the Brazil Scrap Metal Recycling Market by end user. The growth in the construction projects, particularly in the industrial, commercial, and energy & utilities sectors, for infrastructural growth in the country is boosting the demand for scrap metals. The automotive industry also holds a substantial market share owing to the presence of leading automotive manufacturers, such as Kia, BMW, General Motors, and Hyundai, in the country.

Competitive Landscape

Major players operating in the Brazil Scrap Metal Recycling Market include Gerdau S.A., Companhia Brasileira de Alumínio (CBA), Metallic, R.S. Metais, Brasil Metals, WR Metais, Cobrecom, and Recemil.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2023

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

Revenue in USD Million

Market Coverage

Brazil

Product/ Service Segmentation

Metal, Scrap Type, Equipment, End User

Key Players

Gerdau S.A., Companhia Brasileira de Alumínio (CBA), Metalic, R.S. Metais, Brasil Metals, WR Metais, Cobrecom, Recemil

 

By Metal

  • Ferrous

  1. Iron

  2. Steel

  • Non-ferrous

  1. Copper

  2. Aluminum

  3. Lead

  4. Others

By Scrap Type

  • Old Scrap

  • New Scrap

By Equipment

  • Shredders

  • Shears

  • Granulating Machines

  • Briquetting Machines

By End User

  • Building & Construction

  • Automotive

  • Equipment Manufacturing

  • Shipbuilding

  • Packaging

  • Consumer Appliances

  • Others

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Brazil Scrap Metal Recycling Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Growing Concern for Environmental Sustainability
        2. Government Initiatives
        3. Rising Raw Material Prices
      2. Restraints
        1. Informal Sector
        2. Logistics Challenges
        3. Fluctuations in Global Demand
      3. Opportunities
        1. Technological Advancements
        2. Export Potential
        3. Focus on Quality
      4. Challenges
        1. Various Environmental Regulations
        2. Illegal Scrap Metal Trade
        3. Financing and Investment
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Brazil Scrap Metal Recycling Market: Marketing Strategies
  5. Brazil Scrap Metal Recycling Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share & Forecast
      1. By Metal
        1. Ferrous
          1. Iron
          2. Steel
        2. Non-ferrous
          1. Copper
          2. Aluminum
          3. Lead
          4. Others
      2. By Scrap Type
        1. Old Scrap
        2. New Scrap
      3. By Equipment
        1. Shredders
        2. Shears
        3. Granulating Machines
        4. Briquetting Machines
      4. By End User
        1. Building & Construction
        2. Automotive
        3. Equipment Manufacturing
        4. Shipbuilding
        5. Packaging
        6. Consumer Appliances
        7. Others
  6.  Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Brazil Scrap Metal Recycling Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  7. Impact of Escalating Geopolitical Tensions on Brazil Scrap Metal Recycling Market
  8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Gerdau S.A.
    2. Companhia Brasileira de Alumínio (CBA)
    3. Metalic
    4. R.S. Metais
    5. Brasil Metals
    6. WR Metais
    7. Cobrecom
    8. Recemil
    9. Other Prominent Players
  9. Key Strategic Recommendations
  10. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

 

List of Figures

 

Figure 1       Brazil Scrap Metal Recycling Segmentation   

Figure 2       Brazil Scrap Metal Recycling Market Value Chain Analysis 

Figure 3       Company Market Share Analysis, 2023

Figure 4       Brazil Scrap Metal Recycling Market Share, By Material, By Value (USD Million), 2019–2030 

Figure 4       Brazil Scrap Metal Recycling Market Share, By Material, By Volume, 2019–2030

Figure 5       Brazil Scrap Metal Recycling Market Share, By Scrap Type, By Value, 2019–2030         

Figure 6       Brazil Scrap Metal Recycling Market Share, By Scrap Type, By Volume, 2019–2030

Figure 7       Brazil Scrap Metal Recycling Market Share, By Equipment, By Value, 2019–2030         

Figure 8       Brazil Scrap Metal Recycling Market Share, By Equipment, By Volume, 2019–2030         

Figure 9       Brazil Scrap Metal Recycling Market Share, By End User, By Value, 2019–2030

Figure 10     Brazil Scrap Metal Recycling Market Share, By End User, By Volume, 2019–2030

 

 

List of Tables

 

Table 1        Brazil Scrap Metal Recycling Market Share, By Material, By Value (USD Million), 2019–2030 

Table 2        Brazil Scrap Metal Recycling Market Share, By Material, By Volume, 2019–2030         

Table 3        Brazil Scrap Metal Recycling Market Share, By Scrap Type, By Value, 2019–2030         

Table 4        Brazil Scrap Metal Recycling Market Share, By Scrap Type, By Volume, 2019–2030         

Table 5        Brazil Scrap Metal Recycling Market Share, By Equipment, By Value, 2019–2030         

Table 6        Brazil Scrap Metal Recycling Market Share, By Equipment, By Volume, 2019–2030         

Table 7        Brazil Scrap Metal Recycling Market Share, By End User, By Value, 2019–2030         

Table 8        Brazil Scrap Metal Recycling Market Share, By End User, By Volume, 2019–2030         

Table 9        Gerdau S.A. Company Overview

Table 10      Gerdau S.A. Financial Overview

Table 11      Companhia Brasileira de Alumínio (CBA) Company Overview

Table 12      Companhia Brasileira de Alumínio (CBA) Financial Overview

Table 13      Metalic Company Overview

Table 14      Metalic Financial Overview

Table 15      R.S. Metais Company Overview

Table 16      R.S. Metais Financial Overview

Table 17      Brasil Metals Company Overview

Table 18      Brasil Metals Financial Overview

Table 19      WR Metais Company Overview

Table 20      WR Metais Financial Overview

Table 21      Cobrecom Company Overview

Table 22      Cobrecom Financial Overview

Table 23      Recemil Company Overview

Table 24      Recemil Financial Overview

Table 25      Other Prominent Players Company Overview

Table 26      Other Prominent Players Financial Overview

Market Segmentation

No data available
No data available

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Frequently Asked Questions (FAQs):

Ans: The Brazil Scrap Metal Recycling Market size was estimated at USD 640.22 million in 2023.
Ans: The Brazil Scrap Metal Recycling Market size is expected to grow at a CAGR of 5.12% during the forecast period between 2024 and 2030.
Ans: The Brazil Scrap Metal Recycling Market size is forecast to reach a value of USD 890.19 million by 2030.
Ans: Major factors driving the growth of the Brazil Scrap Metal Recycling Market include growing concern for environmental sustainability and rising raw material prices.
Ans: The building & construction segment holds the highest market share in the Brazil Scrap Metal Recycling Market by end user.
Ans: The shredder segment is expected to grow at the highest CAGR in the Brazil Scrap Metal Recycling Market during the forecast period between 2024 and 2030.