Circular Economy Gains Momentum: Recycled Metal Market Projected to Reach US$ 1.1 Billion by 2031 Amid Sustainability Push
The global recycled metal industry was valued at US$ 779.3 Mn in 2022 and is estimated to grow at a CAGR of 3.6% from 2023 to 2031, reaching US$ 1.1 Bn by the end of 2031. The market is experiencing steady growth as industries worldwide increasingly embrace sustainable manufacturing practices and circular economy principles. Recycled metals have become a critical component in reducing...
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