The global vehicle recycling market reached a value of US$ 20.6 Billion in 2020. To learn more about this market, visit us at https://www.imarcgroup.com/vehicle-recycling-market We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. For more information, request for a free sample report here: https://www.imarcgroup.com/vehicle-recycling-market/requestsample Contact Us: IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44- 753-713-2163 | Asia: +91-120-433-0800, +91-120-433-0800

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Global Vehicle Recycling Market
Research and Upcoming
Forecast Report
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
About IMARC Group
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3. Report Description
Report Description and Highlights
Global Vehicle Recycling Market Outlook 2026:
IMARC Group, titled “Vehicle Recycling Market: Global Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2021-2026”, finds that the global vehicle recycling market reached a value of US$ 20.6 Billion
in 2020.
Vehicle recycling refers to the process of dismantling and reducing automobiles to small pieces. It involves
the removal of all reusable parts like tires, wheels, batteries, radiators, transmission systems, oil filters and
rubber hoses.
After this, auto recyclers crush the vehicles using mobile auto crushing units. Earlier, the remaining
shredded residue, made up of textile fibers, plastics, glass and even rust, usually ended up in landfills.
However, with the latest vehicle recycling technologies, it has become possible to sort shredded materials,
thereby enabling a zero-landfill process.
Request for a free sample copy of this report: https://www.imarcgroup.com/vehicle-recycling-
market/requestsample

4. Report Description
Report Description and Highlights
Global Vehicle Recycling Market Trends:
The widespread adoption of metal scrap, particularly steel, in the manufacturing of affordable,
lightweight and fuel-efficient vehicles represents one of the major factors driving the vehicle recycling
market worldwide.
Besides this, governments of various nations are implementing several regulations to reduce the
negative environmental impact associated with the end of life vehicles (ELVs) and the disposal of
batteries, rubber, oils and other materials.
Moreover, nowadays, automotive recyclers are using sophisticated tools and methods to recover used
vehicles for extracting polymers, fluids and natural materials.
They are also utilizing various innovative devices, such as optical sensors, to identify small pieces of
metal in the scrap. However, the coronavirus disease (COVID-19) pandemic is anticipated to negatively
impact the recycling industry, as most automakers and recyclers have shut their plants to comply with
lockdown directives announced in several countries.
Looking forward, IMARC Group expects the market to grow at a CAGR of 5.1% during 2021-2026.

5. Report Description
Report Description and Highlights
Key Market Segmentation:
Breakup by Type:
• Passenger Cars Recycling
• Commercial Vehicles Recycling
Breakup by Material:
• Iron
• Aluminium
• Steel
• Rubber
• Copper
• Glass
• Plastic
• Others
Breakup by Application:
• OEMs
• Aftermarket

6. Report Description
Report Description and Highlights
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
Note: We are updating our research report 2021-2026. If you want to need latest primary
and secondary data with Cost Module, Business Strategy, Distribution Channel, etc
View Report TOC, Figures and Tables: https://www.imarcgroup.com/global-vehicle-recycling-market

7. A partial List of our Clients
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world's leading corporates, governments, and
institutions
Partial List of Clients

8. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

9. Report Description
Report Description and Highlights
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