The Recyclable Material Wholesaling industry has recovered significantly over the five years to 2014, due to growing domestic industrial production and strong global demand for steel. Additionally, recycled ferrous and nonferrous metals have provided a cost-effective alternative for construction and manufacturing industries and manufacturers of eco-friendly products are requesting more recycled materials in their production processes. In the five years to 2019, continued global demand for metal manufacturing will increase industrial production, which will bolster demand for scrap metal and other recyclables. Also, as demand for industrial and consumer products picks up over the next five years, the industry will have more recycled supply to resell.
This industry wholesales automotive scrap, industrial scrap and other recyclable materials. Industry establishments include auto wreckers that dismantle motor vehicles for the purpose of wholesaling salvaged scrap material. Also included are establishments that break up, sort and wholesale all forms of scrap iron and steel using power-processing equipment.
This report covers the scope, size, disposition and growth of the 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.