Vehicle Recycling Market

Vehicle recycling is the dismantling of vehicles for spare parts. At the end of their useful life, vehicles have value as a source of spare parts and this has created a vehicle dismantling industry. The industry has various names for its business outlets including wrecking yard, auto dismantling yard, car spare parts supplier, and recently, auto or vehicle recycling. Vehicle recycling has always occurred to some degree but in recent years manufacturers have become involved in the process. A car crusher is often used to reduce the size of the scrapped vehicle for transportation to a steel mill.
Vehicle Recycling Market contains market size and forecasts of Vehicle Recycling in Global, including the following market information:

• Global Vehicle Recycling Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global top five companies in 2021 (%)

The global Vehicle Recycling market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Passenger Vehicle Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vehicle Recycling include LKQ Corporation, Guangdong Metal Recycle Company, Indra, Schnitzer Steel, MATEC, ARN, SA Recycling, Toyota and BMW Group. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vehicle Recycling companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle Recycling Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Vehicle Recycling Market Segment Percentages, by Type, 2021 (%)

• Passenger Vehicle
• Commercial Vehicle

Global Vehicle Recycling Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Vehicle Recycling Market Segment Percentages, by Application, 2021 (%)

• Vehicle Recycling
• Parts Recycling

Global Vehicle Recycling Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Vehicle Recycling Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Vehicle Recycling revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Vehicle Recycling revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• LKQ Corporation
• Guangdong Metal Recycle Company
• Indra
• Schnitzer Steel
• MATEC
• ARN
• SA Recycling
• Toyota
• BMW Group

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