The global Vehicle Recycling market size was valued at USD 77200 million in 2023 and is forecast to a readjusted size of USD 197070 million by 2030 with a CAGR of 14.3% during review period.
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鈥檛 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.
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.
The report includes an overview of the development of the Vehicle Recycling industry chain, the market status of Materials Recycling (Automotive Steel Recycling, Automotive Non-ferrous Metal Recycling), Reusable Parts (Automotive Steel Recycling, Automotive Non-ferrous Metal Recycling), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Vehicle Recycling.
Regionally, the report analyzes the Vehicle Recycling markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Vehicle Recycling market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Vehicle Recycling market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Vehicle Recycling industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Automotive Steel Recycling, Automotive Non-ferrous Metal Recycling).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Vehicle Recycling market.
Regional Analysis: The report involves examining the Vehicle Recycling market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Vehicle Recycling market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Vehicle Recycling:
Company Analysis: Report covers individual Vehicle Recycling players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Vehicle Recycling This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Materials Recycling, Reusable Parts).
Technology Analysis: Report covers specific technologies relevant to Vehicle Recycling. It assesses the current state, advancements, and potential future developments in Vehicle Recycling areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Vehicle Recycling market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Vehicle Recycling market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Automotive Steel Recycling
Automotive Non-ferrous Metal Recycling
Automotive Plastic Recycling
Automotive Rubber Recycling
Others
Market segment by Application
Materials Recycling
Reusable Parts
Market segment by players, this report covers
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 Ecope莽as
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Vehicle Recycling product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Vehicle Recycling, with revenue, gross margin and global market share of Vehicle Recycling from 2019 to 2024.
Chapter 3, the Vehicle Recycling competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Vehicle Recycling market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Vehicle Recycling.
Chapter 13, to describe Vehicle Recycling research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Vehicle Recycling
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Vehicle Recycling by Type
1.3.1 Overview: Global Vehicle Recycling Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Vehicle Recycling Consumption Value Market Share by Type in 2023
1.3.3 Automotive Steel Recycling
1.3.4 Automotive Non-ferrous Metal Recycling
1.3.5 Automotive Plastic Recycling
1.3.6 Automotive Rubber Recycling
1.3.7 Others
1.4 Global Vehicle Recycling Market by Application
1.4.1 Overview: Global Vehicle Recycling Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Materials Recycling
1.4.3 Reusable Parts
1.5 Global Vehicle Recycling Market Size & Forecast
1.6 Global Vehicle Recycling Market Size and Forecast by Region
1.6.1 Global Vehicle Recycling Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Vehicle Recycling Market Size by Region, (2019-2030)
1.6.3 North America Vehicle Recycling Market Size and Prospect (2019-2030)
1.6.4 Europe Vehicle Recycling Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Vehicle Recycling Market Size and Prospect (2019-2030)
1.6.6 South America Vehicle Recycling Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Vehicle Recycling Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 LKQ
2.1.1 LKQ Details
2.1.2 LKQ Major Business
2.1.3 LKQ Vehicle Recycling Product and Solutions
2.1.4 LKQ Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 LKQ Recent Developments and Future Plans
2.2 Schnitzer Steel Industries
2.2.1 Schnitzer Steel Industries Details
2.2.2 Schnitzer Steel Industries Major Business
2.2.3 Schnitzer Steel Industries Vehicle Recycling Product and Solutions
2.2.4 Schnitzer Steel Industries Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Schnitzer Steel Industries Recent Developments and Future Plans
2.3 Scholz
2.3.1 Scholz Details
2.3.2 Scholz Major Business
2.3.3 Scholz Vehicle Recycling Product and Solutions
2.3.4 Scholz Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Scholz Recent Developments and Future Plans
2.4 Sims Metal Management
2.4.1 Sims Metal Management Details
2.4.2 Sims Metal Management Major Business
2.4.3 Sims Metal Management Vehicle Recycling Product and Solutions
2.4.4 Sims Metal Management Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Sims Metal Management Recent Developments and Future Plans
2.5 European Metal Recycling
2.5.1 European Metal Recycling Details
2.5.2 European Metal Recycling Major Business
2.5.3 European Metal Recycling Vehicle Recycling Product and Solutions
2.5.4 European Metal Recycling Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 European Metal Recycling Recent Developments and Future Plans
2.6 ECOBAT Technologies
2.6.1 ECOBAT Technologies Details
2.6.2 ECOBAT Technologies Major Business
2.6.3 ECOBAT Technologies Vehicle Recycling Product and Solutions
2.6.4 ECOBAT Technologies Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 ECOBAT Technologies Recent Developments and Future Plans
2.7 ALBA Europe
2.7.1 ALBA Europe Details
2.7.2 ALBA Europe Major Business
2.7.3 ALBA Europe Vehicle Recycling Product and Solutions
2.7.4 ALBA Europe Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 ALBA Europe Recent Developments and Future Plans
2.8 Miracle Automation Engineering
2.8.1 Miracle Automation Engineering Details
2.8.2 Miracle Automation Engineering Major Business
2.8.3 Miracle Automation Engineering Vehicle Recycling Product and Solutions
2.8.4 Miracle Automation Engineering Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Miracle Automation Engineering Recent Developments and Future Plans
2.9 GEM
2.9.1 GEM Details
2.9.2 GEM Major Business
2.9.3 GEM Vehicle Recycling Product and Solutions
2.9.4 GEM Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 GEM Recent Developments and Future Plans
2.10 KEIAISHA
2.10.1 KEIAISHA Details
2.10.2 KEIAISHA Major Business
2.10.3 KEIAISHA Vehicle Recycling Product and Solutions
2.10.4 KEIAISHA Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 KEIAISHA Recent Developments and Future Plans
2.11 Toyota Metal
2.11.1 Toyota Metal Details
2.11.2 Toyota Metal Major Business
2.11.3 Toyota Metal Vehicle Recycling Product and Solutions
2.11.4 Toyota Metal Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 Toyota Metal Recent Developments and Future Plans
2.12 Indra
2.12.1 Indra Details
2.12.2 Indra Major Business
2.12.3 Indra Vehicle Recycling Product and Solutions
2.12.4 Indra Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Indra Recent Developments and Future Plans
2.13 SA Metal Group
2.13.1 SA Metal Group Details
2.13.2 SA Metal Group Major Business
2.13.3 SA Metal Group Vehicle Recycling Product and Solutions
2.13.4 SA Metal Group Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 SA Metal Group Recent Developments and Future Plans
2.14 Mahindra MSTC Recycling
2.14.1 Mahindra MSTC Recycling Details
2.14.2 Mahindra MSTC Recycling Major Business
2.14.3 Mahindra MSTC Recycling Vehicle Recycling Product and Solutions
2.14.4 Mahindra MSTC Recycling Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 Mahindra MSTC Recycling Recent Developments and Future Plans
2.15 Anel Doga
2.15.1 Anel Doga Details
2.15.2 Anel Doga Major Business
2.15.3 Anel Doga Vehicle Recycling Product and Solutions
2.15.4 Anel Doga Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.15.5 Anel Doga Recent Developments and Future Plans
2.16 Kaiho Sangyo
2.16.1 Kaiho Sangyo Details
2.16.2 Kaiho Sangyo Major Business
2.16.3 Kaiho Sangyo Vehicle Recycling Product and Solutions
2.16.4 Kaiho Sangyo Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.16.5 Kaiho Sangyo Recent Developments and Future Plans
2.17 GWA
2.17.1 GWA Details
2.17.2 GWA Major Business
2.17.3 GWA Vehicle Recycling Product and Solutions
2.17.4 GWA Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.17.5 GWA Recent Developments and Future Plans
2.18 Renova Ecope莽as
2.18.1 Renova Ecope莽as Details
2.18.2 Renova Ecope莽as Major Business
2.18.3 Renova Ecope莽as Vehicle Recycling Product and Solutions
2.18.4 Renova Ecope莽as Vehicle Recycling Revenue, Gross Margin and Market Share (2019-2024)
2.18.5 Renova Ecope莽as Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Vehicle Recycling Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Vehicle Recycling by Company Revenue
3.2.2 Top 3 Vehicle Recycling Players Market Share in 2023
3.2.3 Top 6 Vehicle Recycling Players Market Share in 2023
3.3 Vehicle Recycling Market: Overall Company Footprint Analysis
3.3.1 Vehicle Recycling Market: Region Footprint
3.3.2 Vehicle Recycling Market: Company Product Type Footprint
3.3.3 Vehicle Recycling Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Vehicle Recycling Consumption Value and Market Share by Type (2019-2024)
4.2 Global Vehicle Recycling Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Vehicle Recycling Consumption Value Market Share by Application (2019-2024)
5.2 Global Vehicle Recycling Market Forecast by Application (2025-2030)
6 North America
6.1 North America Vehicle Recycling Consumption Value by Type (2019-2030)
6.2 North America Vehicle Recycling Consumption Value by Application (2019-2030)
6.3 North America Vehicle Recycling Market Size by Country
6.3.1 North America Vehicle Recycling Consumption Value by Country (2019-2030)
6.3.2 United States Vehicle Recycling Market Size and Forecast (2019-2030)
6.3.3 Canada Vehicle Recycling Market Size and Forecast (2019-2030)
6.3.4 Mexico Vehicle Recycling Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Vehicle Recycling Consumption Value by Type (2019-2030)
7.2 Europe Vehicle Recycling Consumption Value by Application (2019-2030)
7.3 Europe Vehicle Recycling Market Size by Country
7.3.1 Europe Vehicle Recycling Consumption Value by Country (2019-2030)
7.3.2 Germany Vehicle Recycling Market Size and Forecast (2019-2030)
7.3.3 France Vehicle Recycling Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Vehicle Recycling Market Size and Forecast (2019-2030)
7.3.5 Russia Vehicle Recycling Market Size and Forecast (2019-2030)
7.3.6 Italy Vehicle Recycling Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Vehicle Recycling Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Vehicle Recycling Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Vehicle Recycling Market Size by Region
8.3.1 Asia-Pacific Vehicle Recycling Consumption Value by Region (2019-2030)
8.3.2 China Vehicle Recycling Market Size and Forecast (2019-2030)
8.3.3 Japan Vehicle Recycling Market Size and Forecast (2019-2030)
8.3.4 South Korea Vehicle Recycling Market Size and Forecast (2019-2030)
8.3.5 India Vehicle Recycling Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Vehicle Recycling Market Size and Forecast (2019-2030)
8.3.7 Australia Vehicle Recycling Market Size and Forecast (2019-2030)
9 South America
9.1 South America Vehicle Recycling Consumption Value by Type (2019-2030)
9.2 South America Vehicle Recycling Consumption Value by Application (2019-2030)
9.3 South America Vehicle Recycling Market Size by Country
9.3.1 South America Vehicle Recycling Consumption Value by Country (2019-2030)
9.3.2 Brazil Vehicle Recycling Market Size and Forecast (2019-2030)
9.3.3 Argentina Vehicle Recycling Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Vehicle Recycling Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Vehicle Recycling Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Vehicle Recycling Market Size by Country
10.3.1 Middle East & Africa Vehicle Recycling Consumption Value by Country (2019-2030)
10.3.2 Turkey Vehicle Recycling Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Vehicle Recycling Market Size and Forecast (2019-2030)
10.3.4 UAE Vehicle Recycling Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Vehicle Recycling Market Drivers
11.2 Vehicle Recycling Market Restraints
11.3 Vehicle Recycling Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Vehicle Recycling Industry Chain
12.2 Vehicle Recycling Upstream Analysis
12.3 Vehicle Recycling Midstream Analysis
12.4 Vehicle Recycling Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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 Ecope莽as
听
听
*If Applicable.