United Kingdom Vehicle Recycling Industry to 2026 – by Material, Application and Region – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “United Kingdom Vehicle Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The United Kingdom vehicle recycling market grew at a CAGR of around 8% during 2015-2020. Looking forward, IMARC?Group expects the United Kingdom vehicle recycling market to exhibit strong growth during the next five years.
Companies Mentioned
- Ampthill Metal Company
- ASM Auto Recycling Ltd.
- Auto Spares & Salvage Limited
- CarTakeBack.com Limited
- Charles Trent Ltd.
- Copart UK Ltd. (Copart Inc)
- Go Green Vehicle Recycling & Recovery Ltd.
- LJC Auto Spares Ltd
- Motorhog Ltd. (SYNETIQ Limited)
- Norfolk Salvage
- Overton Garage Limited
- Recycling Lives Limited
- Silverlake Garage
- Sole Bay Car Spares Ltd.
- SWM & Waste Recycling Ltd.
- The Little Vehicle Recycling Company
- Van Services Ltd.
- Wigston Car Breakers.
Vehicle recycling is the process of disassembling automobiles to recover and recycle spare parts, fuel, and scrap metals. It involves dismantling, crushing, shredding, and material recovery through which magnetic pieces, sheet metals, seats, wheels, and other components are retrieved. Vehicle recycling offers numerous environmental benefits pertaining to the reuse or safe disposal of heavy metals and hazardous substances, like gasoline, coolants, brake fluids, etc.
In the UK, the wide presence of numerous directives pertaining to reuse, recycle, and recovery of vehicles reaching their end life, is augmenting the market growth. Furthermore, these directives are also focusing on the safe handling of heavy metals, including lead and mercury, along with maintaining proper recycling standards at treatment facilities. Additionally, the rising adoption of metal scraps, particularly steel and aluminum, for manufacturing more affordable, lightweight, and fuel-efficient vehicles is another growth-inducing factor.
Moreover, the increasing consumer awareness towards numerous environmental benefits of recycled materials in minimizing natural resource dependency is also augmenting the market growth. Apart from this, the increasing utilization of recycled batteries in the consumer electronics sector will continue to drive the UK market for vehicle recycling in the coming years.
Key Questions Answered in This Report:
- How has the United Kingdom vehicle recycling market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United Kingdom vehicle recycling market?
- What are the key regional markets?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the United Kingdom vehicle recycling market and who are the key players?
- What is the degree of competition in the market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 United Kingdom Vehicle Recycling Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Vehicle Type
6.1 Passenger Cars Recycling
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Commercial Vehicles Recycling
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Material
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/vghjdx
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