Product Code: ETC037597 | Publication Date: Jan 2021 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Ghana Scrap Metal Recycling market currently, in 2023, has witnessed an HHI of 9019, Which has decreased slightly as compared to the HHI of 9738 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The scrap metal recycling market in Ghana involves the collection, processing, and recycling of ferrous and non-ferrous metals from discarded products, industrial waste, and demolition debris, conserving natural resources and reducing environmental pollution.
The increasing awareness of environmental sustainability, the growing emphasis on resource conservation and circular economy, and the adoption of scrap metal recycling for reducing waste and carbon footprint are driving the growth of Ghana scrap metal recycling market. Scrap metal recycling processes recover and reuse metals such as steel, aluminum, copper, and brass from end-of-life products and industrial waste streams, conserving natural resources, reducing energy consumption, and mitigating environmental pollution, thus stimulating market growth.
Challenges here may include fluctuating metal prices, limited collection infrastructure in some regions, and addressing environmental concerns related to metal recycling processes.
Acknowledging the environmental and economic benefits of scrap metal recycling, the government of Ghana has implemented policies to regulate and support the scrap metal recycling market. These policies aim to promote sustainable waste management practices, conserve natural resources, and reduce environmental pollution and greenhouse gas emissions associated with metal extraction and processing. The government collaborates with regulatory agencies, local authorities, and industry stakeholders to establish regulations and standards for scrap metal collection, processing, and trading, and provides support for capacity building initiatives and public awareness campaigns on the importance of recycling. Additionally, the government offers incentives such as tax breaks, subsidies, and grants to encourage investment in scrap metal recycling facilities, technology upgrades, and research and development projects. By fostering a regulatory environment that prioritizes resource conservation, waste reduction, and circular economy principles, the government aims to support the growth of Ghana scrap metal recycling industry, create green jobs, and promote sustainable development.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ghana Scrap Metal Recycling Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Scrap Metal Recycling Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Scrap Metal Recycling Market - Industry Life Cycle |
3.4 Ghana Scrap Metal Recycling Market - Porter's Five Forces |
3.5 Ghana Scrap Metal Recycling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ghana Scrap Metal Recycling Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ghana Scrap Metal Recycling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Scrap Metal Recycling Market Trends |
6 Ghana Scrap Metal Recycling Market, By Types |
6.1 Ghana Scrap Metal Recycling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ghana Scrap Metal Recycling Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Ghana Scrap Metal Recycling Market Revenues & Volume, By Iron, 2021-2031F |
6.1.4 Ghana Scrap Metal Recycling Market Revenues & Volume, By Copper, 2021-2031F |
6.1.5 Ghana Scrap Metal Recycling Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.6 Ghana Scrap Metal Recycling Market Revenues & Volume, By Lead, 2021-2031F |
6.2 Ghana Scrap Metal Recycling Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Ghana Scrap Metal Recycling Market Revenues & Volume, By Residential & Commercial, 2021-2031F |
6.2.3 Ghana Scrap Metal Recycling Market Revenues & Volume, By Industrial, 2021-2031F |
7 Ghana Scrap Metal Recycling Market Import-Export Trade Statistics |
7.1 Ghana Scrap Metal Recycling Market Export to Major Countries |
7.2 Ghana Scrap Metal Recycling Market Imports from Major Countries |
8 Ghana Scrap Metal Recycling Market Key Performance Indicators |
9 Ghana Scrap Metal Recycling Market - Opportunity Assessment |
9.1 Ghana Scrap Metal Recycling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ghana Scrap Metal Recycling Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ghana Scrap Metal Recycling Market - Competitive Landscape |
10.1 Ghana Scrap Metal Recycling Market Revenue Share, By Companies, 2024 |
10.2 Ghana Scrap Metal Recycling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |