Recyclable Material Wholesalers

First Research, Inc.
December 8, 2014
10 Pages - SKU: FRRS5399812
Countries covered: United States

Recyclable Material Wholesalers

Brief Excerpt from Industry Overview Chapter:

Companies in this industry engage in wholesale distribution of automotive scrap, industrial scrap, and other recyclable materials. Major scrap metal wholesalers include America Chung Nam, Commercial Metals Company, and The David J Joseph Company (all based in the US), as well as ELG Haniel (Germany), European Metal Recycling (the UK), and Sims Metal Management (Australia).

Worldwide, the recycling industry generates about $200 billion in revenue, according to the Bureau of International Recycling. Turkey is the largest scrap import market; the US is the largest scrap exporter. Demand for scrap is growing fastest in Asian markets, particularly in China and India.

Recyclable material wholesalers in the US include about 6,200 companies with combined annual revenue of about $91 billion. The industry includes auto wreckers primarily engaged in dismantling motor vehicles for the purpose of wholesaling scrap.

COMPETITIVE LANDSCAPE

Demand from the steel, auto, and construction industries drives the scrap metal wholesaling industry. The profitability of individual companies depends on cultivating relationships with suppliers and buyers. Most companies are small and compete by specializing in one type of material in their local market. Large companies have economies of scale in purchasing equipment and transportation. The industry US is fragmented: the top 50 companies account for about 45 percent of revenue.

The US is the world's largest net scrap exporter. Major export markets for US waste and scrap include Turkey, China, South Korea, Taiwan, Canada, and the UK. Exports account for about half...



More General Metals reports by First Research, Inc.

Primary Metals Manufacturing by First Research, Inc.
Primary Metals ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry engage in smelting and refining of ferrous and nonferrous metals and include iron and ...
See all reports like this >>

More United States General Metals reports

Primary Metals Manufacturing by First Research, Inc.
Primary Metals ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry engage in smelting and refining of ferrous and nonferrous metals and include iron and ...
Metal Wholesaling in the US - Industry Market Research Report by IBISWorld
Metal Wholesaling in the USRecovering manufacturing and construction activity during the past five years has spurred growing demand for metal inputs, underpinning growth for metal ...
Molybdenum & Metal Ore Mining in the US - Industry Market Research Report by IBISWorld
Molybdenum & Metal Ore Mining in the USThe industry has been characterized by strong growth over the last decade, interrupted by bouts of declining revenue ...
Sheet Metal, Window & Door Manufacturing in the US - Industry Market Research Report by IBISWorld
Sheet Metal, Window & Door Manufacturing in the USDuring the five years to 2014, revenue and profit were volatile for the Sheet Metal, Window and ...
See all reports like this >>

More United States reports

The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United States by Icon Group International, Inc.
The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United StatesThis econometric study covers the latent demand outlook for collagen and (hyaluronic ...
The 2013-2018 Outlook for Relish in the United States by Icon Group International, Inc.
This econometric study covers the latent demand outlook for relish across the states and cities of the United States. Latent demand (in millions of U.S. ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 129  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!