Industry Analysis & Industry Trends
Firms in the industry wholesale or resell metal and non-metal waste and scrap that has been recovered, processed and sorted into secondary raw materials. These firms may carry out these processes directly or may purchase the processed raw materials from recycling firms. These products are sold to downstream customers, usually manufacturers, or are exported. Products include metal waste from cars, railway wagons and washing machines that is purchased and resold to metal product manufacturers. Further, plastic and rubber that has been processed into pellets or granulates are purchased by firms in the industry and resold to other firms for further recycling and processing... purchase to read more
Industry Report - Industry Key Buyers Chapter
The four largest firms operating in the industry are estimated to account for about 20% of total industry revenue in 2011-12. This indicates that the industry has a low industry concentration level, with no single company having significant or major market power. There are several medium-size firms operating in this industry, with the majority being small, independently operated companies. IBISWorld estimates that the industry concentration level was lower in 2005-06, with the four largest firms accounting for about 17% of industry revenue for the year.
Although the industry concentration level is low, it has increased in the past five years. This is largely due to industry consolidation, with greater merger and acquisition activity among industry participants... purchase to read more