Global Photovoltaic Decommissioning Service Market Growth (Status and Outlook) 2025-2031

According to this study, the global Scrap Car Materials Recycling market size will reach US$ 217354 million by 2031.

Scrap car material recycling refers to the systematic process of dismantling, sorting, processing, and reusing materials from end-of-life or technically obsolete vehicles. It aims to recover valuable resources such as metals, plastics, rubber, glass, fibers, and electronic components, minimizing waste and environmental impact. The process includes pre-treatment (like draining fluids), dismantling, shredding, sorting (magnetic separation, eddy current, density grading), material classification, and reprocessing. Scrap vehicles contain significant amounts of steel, non-ferrous metals (e.g., copper, aluminum), polymers, and rare metals (e.g., cobalt, lithium, rare earths), making them essential urban mineral resources. Efficient recycling supports green manufacturing and circular economy goals by reducing dependence on virgin materials and enabling the development of secondary steel, alloy, battery, and remanufacturing industries.

United States market for Scrap Car Materials Recycling is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Scrap Car Materials Recycling is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Scrap Car Materials Recycling is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Scrap Car Materials Recycling players cover LKQ, Schnitzer Steel Industries, Scholz, Sims Metal Management, European Metal Recycling, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

This Insight Report provides a comprehensive analysis of the global Scrap Car Materials Recycling 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 Scrap Car Materials Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Scrap Car Materials Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Scrap Car Materials Recycling 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 Scrap Car Materials Recycling.

This report presents a comprehensive overview, market shares, and growth opportunities of Scrap Car Materials Recycling market by product type, application, key players and key regions and countries.

Segmentation by Type:
Ferrous Metal Recycling
Non-ferrous Metal Recycling
Plastic Recycling
Rubber Recycling
Electronic Equipment Recycling
Others

Segmentation by Application:
Metallurgical
Construction Materials
New Energy
Others

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.
LKQ
Schnitzer Steel Industries
Scholz
Sims Metal Management
European Metal Recycling
ECOBAT Technologies
ALBA Europe
Miracle Automation Engineering
GEM
KEIAISHA
Toyota Metal
Indra

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