Recycled metal market energy efficiency and lower greenhouse gas emissions in 2026
The recycled metal market was valued at US$ 713.44 Bn in 2017 is anticipated to expand at a CAGR of 3.5% during the forecast period, according to a new report published by Transparency Market Research (TMR) titled u2018Recycled Metal Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018u2013 2026u2019. Expansion in the recycled metal market is primarily driven by the increase in awareness about energy conservation through secondary production of metals, i.e. metal recycling. Manufacturers of metals have started adopting advanced energy management systems to lower their environmental footprint.
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