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Ferrous and Non-Ferrous Scrap Metals Market: By Product Type Ferrous Scrap, By Application and Geography
Ferrous and Non-Ferrous Scrap Metals Market: By Product Type Ferrous Scrap, By Application and Geography
Ferrous and Non-Ferrous Scrap Metals Market size was valued at US$ 260.01 million in 2023 and is expected to reach a value of US$ 345.17 million by 2030, growing at a CAGR of 3.8% from 2024 to 2030. The global market provides a detailed overview of the market and that can be segmented by product type and application. By product type, the market has been segmented into non-ferrous scrap and ferrous scrap. The non-ferrous scrap segment is likely to be the largest and fastest-growing segment in terms of technology. Further, the non-ferrous scrap segment is segregated into copper, aluminum, lead and zinc, and nickel.
Ferrous Scrap is sub-segmented into carbon steel, alloy steel, wrought iron, and cast iron. Based on application, the ferrous and non-ferrous scrap metals market is segmented into building and construction, automotive, equipment manufacturing, shipbuilding, consumer appliances, battery, packaging, automobiles, aircraft, appliances, industrial containers and ductwork and plumbing. Among these, the industrial containers segment is expected to have the fastest-growing market during the forecast period 2024-2030.
Study Period
2024-2030Base Year
2023CAGR
3.8%Largest Market
Asia-PacificFastest Growing Market
North America
Ferrous and Non-Ferrous Scrap Metals Market Increase in the discretionary money.
By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. North America is the fastest-growing region in the market.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 260.01 million |
|
Market Size in 2030 |
US$ 345.17 million |
|
Market CAGR |
3.8% |
|
By Product Type |
|
|
By Application |
|
|
By Region |
|
Download Free Sample Report
The ferrous and non ferrous scrap metals market size was valued at US$ 260.01 million in 2023 and is expected to reach a value of US$ 345.17 million by 2030, growing at a CAGR of 3.8% from 2024 to 2030.
The major players in the global non-ferrous scrap metals market are Cohen Brothers Inc, Commercial Metals Co., SIMS Metal Management Company Ltd., Schnitzer Steel Industries., OmniSource Corp., Alpert and Alpert, American Iron and Meta, ScrapMonster, Miller Compressing Co. and Newell Recycling LLC, etc.
North America is the fastest-growing region for Ferrous and Non-Ferrous Scrap Metals Market
| 1. Executive Summary |
| 2. Global Ferrous and Non-Ferrous Scrap Metals Market Introduction |
| 2.1. Global Ferrous and Non-Ferrous Scrap Metals Market - Taxonomy |
| 2.2. Global Ferrous and Non-Ferrous Scrap Metals Market -Definitions |
| 2.2.1. Product Type |
| 2.2.2. Application |
| 3. Global Ferrous and Non-Ferrous Scrap Metals Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Ferrous and Non-Ferrous Scrap Metals Market Dynamic Factors - Impact Analysis |
| 3.6. Global Ferrous and Non-Ferrous Scrap Metals Market - Competition Landscape |
| 4. Global Ferrous and Non-Ferrous Scrap Metals Market Analysis, 2019-2023 and Forecast, 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market OpportunityAnalysis |
| 5. Global Ferrous and Non-Ferrous Scrap Metals Market, By Product Type, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1. Non-Ferrous Scrap |
| 5.1.1. Copper |
| 5.1.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.1.3. Market Opportunity Analysis |
| 5.1.2. Aluminum |
| 5.1.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.2.3. Market Opportunity Analysis |
| 5.1.3. Lead and Zinc |
| 5.1.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3.3. Market Opportunity Analysis |
| 5.1.4. Nickel |
| 5.1.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.4.3. Market Opportunity Analysis |
| 5.1.5. Others |
| 5.1.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.5.3. Market Opportunity Analysis |
| 5.2. Ferrous Scrap |
| 5.2.1. Carbon steel |
| 5.2.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.1.3. Market Opportunity Analysis |
| 5.2.2. Alloy steel |
| 5.2.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.2.3. Market Opportunity Analysis |
| 5.2.3. Wrought iron |
| 5.2.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3.3. Market Opportunity Analysis |
| 5.2.4. Cast iron |
| 5.2.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.4.3. Market Opportunity Analysis |
| 5.2.5. Others |
| 5.2.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.2.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.5.3. Market Opportunity Analysis |
| 6. Global Ferrous and Non-Ferrous Scrap Metals Market Forecast, By Application,2019-2023 and Forecast, 2024-2030 |
| 6.1. Building and Construction |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Automotive |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Equipment Manufacturing |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Shipbuilding |
| 6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Consumer Appliances |
| 6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Battery |
| 6.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Packaging |
| 6.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Automobiles |
| 6.8.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 6.9. Aircraft |
| 6.9.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.9.3. Market Opportunity Analysis |
| 6.10. Appliances |
| 6.10.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.10.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.10.3. Market Opportunity Analysis |
| 6.11. Industrial containers |
| 6.11.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.11.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.11.3. Market Opportunity Analysis |
| 6.12. Ductwork and plumbing |
| 6.12.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.12.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.12.3. Market Opportunity Analysis |
| 6.13. Others |
| 6.13.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.13.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.13.3. Market Opportunity Analysis |
| 7. Global Ferrous and Non-Ferrous Scrap Metals Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Ferrous and Non-Ferrous Scrap Metals Market - Opportunity Analysis Index, By Product Type, By Application, and Region, 2024-2030 |
| 8. North America Ferrous and Non-Ferrous Scrap Metals MarketAnalysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.1. Product TypeAnalysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Non-Ferrous Scrap |
| 8.1.1.1. Copper |
| 8.1.1.2. Aluminum |
| 8.1.1.3. Lead and Zinc |
| 8.1.1.4. Nickel |
| 8.1.1.5. Others |
| 8.1.2. Ferrous Scrap |
| 8.1.2.1. Carbon steel |
| 8.1.2.2. Alloy steel |
| 8.1.2.3. Wrought iron |
| 8.1.2.4. Cast iron |
| 8.1.2.5. Others |
| 8.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Building and Construction |
| 8.2.2. Automotive |
| 8.2.3. Equipment Manufacturing |
| 8.2.4. Shipbuilding |
| 8.2.5. Consumer Appliances |
| 8.2.6. Battery |
| 8.2.7. Packaging |
| 8.2.8. Automobiles |
| 8.2.9. Aircraft |
| 8.2.10. Appliances |
| 8.2.11. Industrial containers |
| 8.2.12. Ductwork and plumbing |
| 8.2.13. Others |
| 8.3. Country Analysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Ferrous and Non-Ferrous Scrap Metals Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2024-2030 |
| 8.5. North America Ferrous and Non-Ferrous Scrap Metals Market Dynamics - Trends |
| 9. Europe Ferrous and Non-Ferrous Scrap Metals Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.1. Product TypeAnalysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Non-Ferrous Scrap |
| 9.1.1.1. Copper |
| 9.1.1.2. Aluminum |
| 9.1.1.3. Lead and Zinc |
| 9.1.1.4. Nickel |
| 9.1.1.5. Others |
| 9.1.2. Ferrous Scrap |
| 9.1.2.1. Carbon steel |
| 9.1.2.2. Alloy steel |
| 9.1.2.3. Wrought iron |
| 9.1.2.4. Cast iron |
| 9.1.2.5. Others |
| 9.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Building and Construction |
| 9.2.2. Automotive |
| 9.2.3. Equipment Manufacturing |
| 9.2.4. Shipbuilding |
| 9.2.5. Consumer Appliances |
| 9.2.6. Battery |
| 9.2.7. Packaging |
| 9.2.8. Automobiles |
| 9.2.9. Aircraft |
| 9.2.10. Appliances |
| 9.2.11. Industrial containers |
| 9.2.12. Ductwork and plumbing |
| 9.2.13. Others |
| 9.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Poland |
| 9.3.8. Rest of Europe |
| 9.4. Europe Ferrous and Non-Ferrous Scrap Metals Market - Opportunity Analysis Index, By Product Type, By Application, and Country,2024-2030 |
| 9.5. Europe Ferrous and Non-Ferrous Scrap Metals Market Dynamics - Trends |
| 10. Asia-Pacific Ferrous and Non-Ferrous Scrap Metals Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 10.1. Product TypeAnalysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Non-Ferrous Scrap |
| 10.1.1.1. Copper |
| 10.1.1.2. Aluminum |
| 10.1.1.3. Lead and Zinc |
| 10.1.1.4. Nickel |
| 10.1.1.5. Others |
| 10.1.2. Ferrous Scrap |
| 10.1.2.1. Carbon steel |
| 10.1.2.2. Alloy steel |
| 10.1.2.3. Wrought iron |
| 10.1.2.4. Cast iron |
| 10.1.2.5. Others |
| 10.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Building and Construction |
| 10.2.2. Automotive |
| 10.2.3. Equipment Manufacturing |
| 10.2.4. Shipbuilding |
| 10.2.5. Consumer Appliances |
| 10.2.6. Battery |
| 10.2.7. Packaging |
| 10.2.8. Automobiles |
| 10.2.9. Aircraft |
| 10.2.10. Appliances |
| 10.2.11. Industrial containers |
| 10.2.12. Ductwork and plumbing |
| 10.2.13. Others |
| 10.3. Country Analysis2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Ferrous and Non-Ferrous Scrap Metals Market - Opportunity Analysis Index, By Product Type, By Application, and Country,2024-2030 |
| 10.5. Asia-PacificFerrous and Non-Ferrous Scrap Metals Market Dynamics - Trends |
| 11. Latin America Ferrous and Non-Ferrous Scrap Metals Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 11.1. Product TypeAnalysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Non-Ferrous Scrap |
| 11.1.1.1. Copper |
| 11.1.1.2. Aluminum |
| 11.1.1.3. Lead and Zinc |
| 11.1.1.4. Nickel |
| 11.1.1.5. Others |
| 11.1.2. Ferrous Scrap |
| 11.1.2.1. Carbon steel |
| 11.1.2.2. Alloy steel |
| 11.1.2.3. Wrought iron |
| 11.1.2.4. Cast iron |
| 11.1.2.5. Others |
| 11.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Building and Construction |
| 11.2.2. Automotive |
| 11.2.3. Equipment Manufacturing |
| 11.2.4. Shipbuilding |
| 11.2.5. Consumer Appliances |
| 11.2.6. Battery |
| 11.2.7. Packaging |
| 11.2.8. Automobiles |
| 11.2.9. Aircraft |
| 11.2.10. Appliances |
| 11.2.11. Industrial containers |
| 11.2.12. Ductwork and plumbing |
| 11.2.13. Others |
| 11.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Ferrous and Non-Ferrous Scrap Metals Market - Opportunity Analysis Index, By Product Type, By Application, and Country,2024-2030 |
| 11.5. Latin America Ferrous and Non-Ferrous Scrap Metals Market Dynamics - Trends |
| 12. Middle East and Africa Ferrous and Non-Ferrous Scrap Metals Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 12.1. Product TypeAnalysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Non-Ferrous Scrap |
| 12.1.1.1. Copper |
| 12.1.1.2. Aluminum |
| 12.1.1.3. Lead and Zinc |
| 12.1.1.4. Nickel |
| 12.1.1.5. Others |
| 12.1.2. Ferrous Scrap |
| 12.1.2.1. Carbon steel |
| 12.1.2.2. Alloy steel |
| 12.1.2.3. Wrought iron |
| 12.1.2.4. Cast iron |
| 12.1.2.5. Others |
| 12.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Building and Construction |
| 12.2.2. Automotive |
| 12.2.3. Equipment Manufacturing |
| 12.2.4. Shipbuilding |
| 12.2.5. Consumer Appliances |
| 12.2.6. Battery |
| 12.2.7. Packaging |
| 12.2.8. Automobiles |
| 12.2.9. Aircraft |
| 12.2.10. Appliances |
| 12.2.11. Industrial containers |
| 12.2.12. Ductwork and plumbing |
| 12.2.13. Others |
| 12.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Ferrous and Non-Ferrous Scrap Metals Market - Opportunity Analysis Index, By Product Type, By Application, and Country,2024-2030 |
| 12.5. MEA Ferrous and Non-Ferrous Scrap Metals Market Dynamics - Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Application& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Cohen Brothers Inc. |
| 13.2.2. Commercial Metals Co. |
| 13.2.3. SIMS Metal Management Company Ltd. |
| 13.2.4. Schnitzer Steel Industries. |
| 13.2.5. OmniSource Corp. |
| 13.2.6. Alpert and Alpert |
| 13.2.7. American Iron and Meta |
| 13.2.8. ScrapMonster |
| 13.2.9. Miller Compressing Co. |
| 13.2.10. Newell Recycling LLC |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.