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Growing focus on recycling and recovering materials from old cars, such as glass, plastic, and metals, to cut waste and promote a circular economy. Use of eco-friendly recycling and disassembly procedures, such as cautious handling of batteries and fluids, to reduce the negative effects on the environment. ELVs can also be an important source of secondary raw materials, such as metal and other materials, which if salvaged and/or reused/recycled, can be again fed into the economy thereby helping to close the loop of sustainable resource circulation and reducing the demand for virgin raw materials. According to the International Public Policy Association, estimates for India suggest that more than 8.7 million vehicles have reached the end-of-life phase by 2015, and this number is expected to rise to 21 million in 2025.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Car Recycling and Dismantling Market Report Segment
By Type
- Disassembly and Recycling
- Layered Utilization
By Application
- Traditional Fuel Vehicle Recycling and Dismantling
- New Energy Vehicle Recycling and Dismantling
Global Car Recycling and Dismantling Market Report Segment by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global car recycling and dismantling market. Based on the availability of data, information related to new products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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