Product Code: ETC212317 | Publication Date: May 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Thailand Metal Recycling Market has gained prominence due to environmental concerns and the need to conserve natural resources. Recycling of metals like aluminum, steel, and copper not only reduces waste but also saves energy and reduces carbon emissions. The market includes metal collection, processing, and recycling facilities, with a focus on sustainability and compliance with environmental regulations.
The Thailand Metal Recycling market is growing steadily due to several key drivers. Firstly, the increasing awareness of environmental conservation and resource sustainability has led to a greater emphasis on recycling, including metals. Recycling metals reduces the need for mining and conserves valuable resources. Additionally, the industrial sector generates a significant amount of metal scrap, and recycling provides a cost-effective and environmentally friendly way to manage this waste. Moreover, government regulations and incentives for recycling have encouraged businesses and individuals to participate in metal recycling programs. The demand for recycled metals by industries such as manufacturing and construction has also driven market growth.
The Thailand Metal Recycling Market faces several challenges as it strives to promote sustainability and reduce environmental impacts. One significant challenge is the lack of a well-established recycling infrastructure, which makes it difficult to collect, process, and distribute recycled metal efficiently. Additionally, there is a need for more awareness and education among businesses and consumers about the benefits of metal recycling. Furthermore, fluctuating metal prices in the global market can disrupt the profitability of recycling operations. Finally, regulatory frameworks and policies related to metal recycling need to be strengthened and enforced to encourage more businesses to participate in this eco-friendly industry.
The metal recycling market in Thailand experienced notable fluctuations during the COVID-19 pandemic. At the onset of the crisis, decreased industrial activity and disruptions in supply chains negatively impacted metal recycling operations. Reduced manufacturing and construction activities resulted in lower scrap metal generation. Moreover, restrictions on movement and trade hindered the export of recycled metals. However, as the economy reopened, there was a surge in demand for metals, particularly in the construction and manufacturing sectors. This led to a recovery in the metal recycling market, driven by the need for cost-effective and sustainable sourcing of raw materials.
In the Thailand metal recycling market, Siam Recycling Group is a leading player. They have a well-established network for collecting, processing, and recycling various metals, including ferrous and non-ferrous materials. Siam Metal Group is another key player, known for its innovative recycling solutions and commitment to sustainability. These companies play a pivotal role in reducing environmental impact through efficient metal recycling practices.
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 Thailand Metal Recycling Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Metal Recycling Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Metal Recycling Market - Industry Life Cycle |
3.4 Thailand Metal Recycling Market - Porter's Five Forces |
3.5 Thailand Metal Recycling Market Revenues & Volume Share, By By Scrap Type, 2021 & 2031F |
3.6 Thailand Metal Recycling Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.7 Thailand Metal Recycling Market Revenues & Volume Share, By By Equipment, 2021 & 2031F |
3.8 Thailand Metal Recycling Market Revenues & Volume Share, By By End-use Sector, 2021 & 2031F |
4 Thailand Metal Recycling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Metal Recycling Market Trends |
6 Thailand Metal Recycling Market, By Types |
6.1 Thailand Metal Recycling Market, By By Scrap Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Metal Recycling Market Revenues & Volume, By By Scrap Type, 2021-2031F |
6.1.3 Thailand Metal Recycling Market Revenues & Volume, By Old Scrap, 2021-2031F |
6.1.4 Thailand Metal Recycling Market Revenues & Volume, By New Scrap, 2021-2031F |
6.2 Thailand Metal Recycling Market, By By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Metal Recycling Market Revenues & Volume, By Ferrous, 2021-2031F |
6.2.3 Thailand Metal Recycling Market Revenues & Volume, By Non-Ferrous, 2021-2031F |
6.3 Thailand Metal Recycling Market, By By Equipment |
6.3.1 Overview and Analysis |
6.3.2 Thailand Metal Recycling Market Revenues & Volume, By Shredders, 2021-2031F |
6.3.3 Thailand Metal Recycling Market Revenues & Volume, By Shears, 2021-2031F |
6.3.4 Thailand Metal Recycling Market Revenues & Volume, By Granulating Machines, 2021-2031F |
6.3.5 Thailand Metal Recycling Market Revenues & Volume, By Briquetting Machines, 2021-2031F |
6.4 Thailand Metal Recycling Market, By By End-use Sector |
6.4.1 Overview and Analysis |
6.4.2 Thailand Metal Recycling Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.4.3 Thailand Metal Recycling Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Thailand Metal Recycling Market Revenues & Volume, By Equipment Manufacturing, 2021-2031F |
6.4.5 Thailand Metal Recycling Market Revenues & Volume, By Shipbuilding, 2021-2031F |
6.4.6 Thailand Metal Recycling Market Revenues & Volume, By Packaging, 2021-2031F |
6.4.7 Thailand Metal Recycling Market Revenues & Volume, By Consumer Appliances, 2021-2031F |
7 Thailand Metal Recycling Market Import-Export Trade Statistics |
7.1 Thailand Metal Recycling Market Export to Major Countries |
7.2 Thailand Metal Recycling Market Imports from Major Countries |
8 Thailand Metal Recycling Market Key Performance Indicators |
9 Thailand Metal Recycling Market - Opportunity Assessment |
9.1 Thailand Metal Recycling Market Opportunity Assessment, By By Scrap Type, 2021 & 2031F |
9.2 Thailand Metal Recycling Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.3 Thailand Metal Recycling Market Opportunity Assessment, By By Equipment, 2021 & 2031F |
9.4 Thailand Metal Recycling Market Opportunity Assessment, By By End-use Sector, 2021 & 2031F |
10 Thailand Metal Recycling Market - Competitive Landscape |
10.1 Thailand Metal Recycling Market Revenue Share, By Companies, 2024 |
10.2 Thailand Metal Recycling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |