Global Automobile Parts Recycle Market Growth (Status and Outlook) 2025-2031

According to this study, the global Automobile Parts Recycle market size will reach US$ 386376 million by 2031.

Auto parts recycling refers to the process of collecting, disassembling, sorting and reprocessing scrapped vehicles or discarded parts in order to reuse them or extract valuable materials from them. This process not only includes the inspection, repair and recertification of parts that can be directly reused (such as engines, transmissions, tires, etc.), but also covers the recovery of materials (such as steel, aluminum, copper and plastics) for parts that cannot be directly reused for use in new manufacturing processes. Auto parts recycling helps reduce the impact of waste on the environment, save natural resources, and reduce the overall cost of automobile manufacturing.

The development of auto parts recycling is mainly driven by multiple factors such as the strengthening of environmental protection regulations, the growing demand for resource sustainability, and economic interests. Strict environmental regulations have prompted manufacturers and recycling companies to increase the recycling rate of scrapped vehicles and their components and reduce pollution to the environment; at the same time, with the increasing scarcity of natural resources, it has become particularly important to extract and reuse metals and other materials from discarded vehicles, which helps save raw materials and reduce production costs. In addition, the improvement of consumers' environmental awareness and the demand for low-cost alternative parts have also promoted the development of this field. These driving factors have not only improved the technical level and economic benefits of the auto parts recycling industry, but also made important contributions to the realization of the circular economy development of the automotive industry.

LPI (LP Information)' newest research report, the “Automobile Parts Recycle Industry Forecast” looks at past sales and reviews total world Automobile Parts Recycle sales in 2024, providing a comprehensive analysis by region and market sector of projected Automobile Parts Recycle sales for 2025 through 2031. With Automobile Parts Recycle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automobile Parts Recycle industry.

This Insight Report provides a comprehensive analysis of the global Automobile Parts Recycle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Automobile Parts Recycle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automobile Parts Recycle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automobile Parts Recycle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automobile Parts Recycle.

This report presents a comprehensive overview, market shares, and growth opportunities of Automobile Parts Recycle market by product type, application, key players and key regions and countries.

Segmentation by Type:
Metal Parts Recycle
Plastic Parts Recycle
Other Parts Recycle

Segmentation by Application:
Automobile Reproduction
Automobile After-sales

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Scholz
Schnitzer Steel Industries
LKQ
Toyota
ECOBAT Technologies
Sims Metal Management
EMR
Hensel Recycling
VW
Miracle Automation
KEIAISHA
Indra
SA Recycling
Western Auto Wrecking
A&P Auto Parts
Nationwide Auto Recycling
Ward Company
Gundie’s
ASM Auto Recycling
L&M Auto Recycling
EL&M Auto Recycling

Please note: The report will take approximately 2 business days to prepare and deliver.