U.S. Nonferrous Metal Recycling Market Size, Industry Analysis, Trends and Forecasts (2024-2029) - Revenue Decline Amid Market Volatility and Weakening Demand
Dublin, Oct. 17, 2024 (GLOBE NEWSWIRE) -- The "Nonferrous Metal Recycling in the US - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)" report has been added to ResearchAndMarkets.com's offering.
This report covers the scope, size, disposition and growth of the U.S. nonferrous metal recycling industry, including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Nonferrous Metal Recycling industry revenue has faltered due to poor operating conditions and weakening demand from several key markets. However, industry revenue is primarily a function of nonferrous metal prices, which experienced significant volatility over the past five years due to the cyclical nature of metal prices on world markets. So, industry-wide revenue has decreased at a CAGR of 0.2% to $23.3 billion over the five years to 2023, including an estimated 6.8% decrease in 2023 alone, when profit is projected to decrease to 4.3%.
This industry recovers copper, aluminum, lead and other nonferrous metals from scrap and then manufactures primary forms (e.g. bar, billet, bloom, cake, ingot, slab, slug and wire) from the recovered metals through secondary smelting and refining processes.
Key Topics Covered
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
A selection of companies mentioned in this report includes, but is not limited to:
Commercial Metals Company
For more information about this report visit https://www.researchandmarkets.com/r/s3col
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