Product Code: ETC037581 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Scrap Metal Recycling market currently, in 2023, has witnessed an HHI of 3714, Which has decreased slightly as compared to the HHI of 9966 in 2017. The market is moving towards 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 the United Arab Emirates (UAE) has been witnessing steady growth, driven by the country`s efforts to promote sustainable practices and reduce the environmental impact of waste disposal. Scrap metal recycling involves the collection, processing, and reuse of various metal scraps from industries, construction sites, and consumer goods. The UAE growing industrial and construction sectors generate a significant amount of metal waste, making recycling an important aspect of the country`s waste management strategy.
Several factors drive the growth of the scrap metal recycling market in the UAE. Firstly, the government`s initiatives to promote environmental sustainability and resource conservation have encouraged industries to adopt recycling practices. Secondly, the demand for raw materials and metal commodities in the manufacturing and construction sectors has led to a growing interest in recycling as a cost-effective and eco-friendly alternative to virgin materials.
Despite the positive growth prospects, the UAE scrap metal recycling market faces certain challenges. One significant challenge is the collection and segregation of scrap metal from various sources, as improper handling can lead to contamination and reduce the quality of recycled materials. Additionally, the low awareness and limited infrastructure for recycling in some regions can hinder the efficient recycling of scrap metal.
The Covid-19 pandemic had an impact on the UAE scrap metal recycling market, similar to other sectors. The disruptions caused by lockdowns and restrictions affected the supply chain and logistics of scrap metal collection and processing. However, the increased focus on sustainability and resource conservation during the pandemic may have also encouraged some industries to prioritize recycling.
The UAE scrap metal recycling market includes a mix of private recycling companies and government-backed initiatives. Key players in the market include Sharjah Scrap Company, Enviroserve, and Dulsco, which are leading recycling companies with established operations in the UAE. These companies provide recycling services to industries, construction sites, and communities, processing various types of scrap metal and contributing to the circular economy.
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 United Arab Emirates (UAE) Scrap Metal Recycling Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenues & Volume, 2020 & 2030F |
3.3 United Arab Emirates (UAE) Scrap Metal Recycling Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Scrap Metal Recycling Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 United Arab Emirates (UAE) Scrap Metal Recycling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Scrap Metal Recycling Market Trends |
6 United Arab Emirates (UAE) Scrap Metal Recycling Market, By Types |
6.1 United Arab Emirates (UAE) Scrap Metal Recycling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenues & Volume, By Iron, 2020-2030F |
6.1.4 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenues & Volume, By Copper, 2020-2030F |
6.1.5 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenues & Volume, By Aluminum, 2020-2030F |
6.1.6 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenues & Volume, By Lead, 2020-2030F |
6.2 United Arab Emirates (UAE) Scrap Metal Recycling Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenues & Volume, By Residential & Commercial, 2020-2030F |
6.2.3 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenues & Volume, By Industrial, 2020-2030F |
7 United Arab Emirates (UAE) Scrap Metal Recycling Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Scrap Metal Recycling Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Scrap Metal Recycling Market Imports from Major Countries |
8 United Arab Emirates (UAE) Scrap Metal Recycling Market Key Performance Indicators |
9 United Arab Emirates (UAE) Scrap Metal Recycling Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Scrap Metal Recycling Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 United Arab Emirates (UAE) Scrap Metal Recycling Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 United Arab Emirates (UAE) Scrap Metal Recycling Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Scrap Metal Recycling Market Revenue Share, By Companies, 2023 |
10.2 United Arab Emirates (UAE) Scrap Metal Recycling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |