Metal Recycling Market 2022 Global Growth, Trends, Growth And Forecast 2030

The trend of metal recycling is consolidating across the globe and Market Research Future (MRFR), has recently published a comprehensive report on the global metal recycling market, covering key trends and patterns that are likely to impact the growth of the market over the forecast period of 2018-2023. As per MRFR's analysis, Metal Recycling Market is projected to be worth USD 88.5 billion by 2030, registering a CAGR of 8.1% during the forecast period (2022 - 2030). Metal recycling helps to significantly reduce greenhouse emissions and conserve natural resources. It involves reprocessing of used metals to convert them into usable metals. Doing so not only reduces energy consumption but also provides economic advantages as recycling involves lesser cost than procuring metals from virgin ores. The trend of metal recycling is gaining momentum due to augmenting need for energy conservation and mounting awareness regarding the advantages associated with it. Metal re...