United Kingdom Vehicle Recycling Market Report by Vehicle Type (Passenger Cars Recycling, Commercial Vehicles Recycling), Material (Steel, Copper, Aluminium, Rubber, Iron, Plastic, Glass, and Others), Application (Aftermarket, OEMs), and Region 2024-2032
Description
United Kingdom Vehicle Recycling Market Report by Vehicle Type (Passenger Cars Recycling, Commercial Vehicles Recycling), Material (Steel, Copper, Aluminium, Rubber, Iron, Plastic, Glass, and Others), Application (Aftermarket, OEMs), and Region 2024-2032
The United Kingdom vehicle recycling market size reached US$ 1.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032.
Vehicle recycling is the process of disassembling automobiles to recover and recycle spare parts, fuel, and scrap metals. It involves dismantling, crushing, shredding, and material recovery through which magnetic pieces, sheet metals, seats, wheels, and other components are retrieved. Vehicle recycling offers numerous environmental benefits pertaining to the reuse or safe disposal of heavy metals and hazardous substances, like gasoline, coolants, brake fluids, etc.
In the UK, the wide presence of numerous directives pertaining to reuse, recycle, and recovery of vehicles reaching their end life, is augmenting the market growth. Furthermore, these directives are also focusing on the safe handling of heavy metals, including lead and mercury, along with maintaining proper recycling standards at treatment facilities. Additionally, the rising adoption of metal scraps, particularly steel and aluminum, for manufacturing more affordable, lightweight, and fuel-efficient vehicles is another growth-inducing factor. Moreover, the increasing consumer awareness towards numerous environmental benefits of recycled materials in minimizing natural resource dependency is also augmenting the market growth. Apart from this, the increasing utilization of recycled batteries in the consumer electronics sector will continue to drive the UK market for vehicle recycling in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United Kingdom vehicle recycling market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on vehicle type, material and application.
Breakup by Vehicle Type:
- Passenger Cars Recycling
- Commercial Vehicles Recycling
- Steel
- Copper
- Aluminium
- Rubber
- ron
- Plastic
- Glass
- Others
- Aftermarket
- OEMs
- North West England
- Yorkshire and the Humber
- West Midlands
- East of England
- South West England
- South East England
- East Midlands
- North East England
- Greater London
- Others
The competitive landscape of the industry has also been examined with some of the key players being Ampthill Metal Company, ASM Auto Recycling Ltd., Auto Spares & Salvage Limited, CarTakeBack.com Limited, Charles Trent Ltd., Copart UK Ltd. (Copart Inc), Go Green Vehicle Recycling & Recovery Ltd., LJC Auto Spares Ltd, Motorhog Ltd. (SYNETIQ Limited), Norfolk Salvage, Overton Garage Limited, Recycling Lives Limited, Silverlake Garage, Sole Bay Car Spares Ltd., SWM & Waste Recycling Ltd., The Little Vehicle Recycling Company, Van Services Ltd., and Wigston Car Breakers.
Key Questions Answered in This Report:
- How has the United Kingdom vehicle recycling market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United Kingdom vehicle recycling market?
- What are the key regional markets?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the United Kingdom vehicle recycling market and who are the key players?
- What is the degree of competition in the market?
Table of Contents
127 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 United Kingdom Vehicle Recycling Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Vehicle Type
- 6.1 Passenger Cars Recycling
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Commercial Vehicles Recycling
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 7 Market Breakup by Material
- 7.1 Steel
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Copper
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Aluminium
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Rubber
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Iron
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Plastic
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Glass
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
- 7.8 Others
- 7.8.1 Market Trends
- 7.8.2 Market Forecast
- 8 Market Breakup by Application
- 8.1 Aftermarket
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 OEMs
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 9 Market Breakup by Region
- 9.1 North West England
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Yorkshire and the Humber
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 West Midlands
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 East of England
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 South West England
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 South East England
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.7 East Midlands
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
- 9.8 North East England
- 9.8.1 Market Trends
- 9.8.2 Market Forecast
- 9.9 Greater London
- 9.9.1 Market Trends
- 9.9.2 Market Forecast
- 9.10 Others
- 9.10.1 Market Trends
- 9.10.2 Market Forecast
- 10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
- 11 Value Chain Analysis
- 12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
- 13 Price Analysis
- 14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Ampthill Metal Company
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 ASM Auto Recycling Ltd
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Auto Spares & Salvage Limited
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 CarTakeBack.com Limited
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Charles Trent Ltd
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Copart UK Ltd. (Copart Inc)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Go Green Vehicle Recycling & Recovery Ltd
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 LJC Auto Spares Ltd
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Motorhog Ltd. (SYNETIQ Limited)
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Norfolk Salvage
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Overton Garage Limited
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Recycling Lives Limited
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Silverlake Garage
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.14 Sole Bay Car Spares Ltd
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.15 SWM & Waste Recycling Ltd
- 14.3.15.1 Company Overview
- 14.3.15.2 Product Portfolio
- 14.3.16 The Little Vehicle Recycling Company
- 14.3.16.1 Company Overview
- 14.3.16.2 Product Portfolio
- 14.3.17 Van Services Ltd
- 14.3.17.1 Company Overview
- 14.3.17.2 Product Portfolio
- 14.3.18 Wigston Car Breakers
- 14.3.18.1 Company Overview
- 14.3.18.2 Product Portfolio
Pricing
Currency Rates
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