자동차 재활용 시장 : 시장 점유율 분석, 산업 동향 및 통계 데이터, 성장 예측(2026-2031년)

According to Mordor Intelligence, the vehicle recycling market size was valued at USD 119.01 billion in 2025 and estimated to grow from USD 131.98 billion in 2026 to reach USD 243.06 billion by 2031, at a CAGR of 12.99% during the forecast period (2026-2031).

This report is Segmented by Vehicle Type (Passenger Cars, Commercial Vehicles), Material (Iron and Steel, Aluminum, and More), Application (OEMs, Aftermarket, and More), Recycling Process (Manual Dismantling and Depollution, Shredding and Magnetic/Eddy Sorting, and More), and Geography (North America, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global Vehicle Recycling Market Trends and Insights

Stringent ELV Directives in EU, China, India

Revised rules in the European Union mandate that 15% of plastic in new cars be recycled by 2032 and require automakers to publish disassembly guides, which shifts bargaining power toward certified yards able to supply clean, traceable scrap . India's ELV Management Rules introduce escalating steel-recovery targets and a centralized tracking portal to channel fleets to registered scrapping facilities. Chinese provinces such as Guangdong tie subsidies to proof of certified recycling, nudging owners away from informal dismantlers. The directives have widened the compliance gap, lifting premiums for provenance-verified material. ASEAN is drafting battery passport norms that extend similar traceability to lithium-ion cells, creating an aligned regulatory block.

Recycled Aluminum and Steel Critical for Lightweight EV Frames

BYD and Hantek have introduced a one-piece aluminum frame that replaces numerous stamped components, reduces curb mass, and incorporates recycled content, highlighting the connection between lightweighting and secondary metal flows. Recycling aluminum not only conserves resources but also significantly reduces carbon emissions, a key figure often highlighted by automakers in their fleet-average disclosures. Rivian's pickup, using scrap-sourced aluminum, manages to maintain a competitive weight even with a sizable battery. This achievement underscores the possibility of aligning EV payload objectives with the use of recycled materials. In the realm of commercial trucks, mini-mill steelmakers like Nucor are integrating automotive shred into their furnaces. This strategy not only reduces costs but also diminishes scope-3 emissions. The Asia-Pacific region, witnessing a rapid surge in electric vehicle adoption, is now producing less scrap than it needs to meet its growing demand, leading to a burgeoning trans-Pacific trade in sorted aluminum.

High CAPEX for Advanced Shredding and Depollution Lines

Aurubis invested in a Georgia copper-recycling plant, achieving exceptional purity levels with its advanced plasma furnaces. This level of purity remains out of reach for many operators in emerging markets. To illustrate, midsize shredders with optical sorters and compliant battery-depollution bays incur high costs. In India and Nigeria, local lenders classify such projects as high-risk, resulting in elevated interest rates. This financial burden reinforces the dominance of low-cost informal yards, which offer lower payouts for end-of-life vehicles than formal facilities. Certified sites face challenges with under-utilization; for example, India's registered yards operated at minimal capacity during the fiscal year 2024-2025. Without access to concessional finance, the expansion of these facilities struggles to keep pace with growing demand.

Other drivers and restraints analyzed in the detailed report include:

1. Volatile Virgin-Metal Prices Push OEM Demand for Scrap Feedstock
2. AI-Enabled Robotic Dismantling Boosts Recovery Yields
3. Fragmented ELV Collection Channels in Emerging Countries

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Commercial vehicles are forecast to grow at a 13.21% CAGR through 2031, although passenger cars accounted for 76.15% of the vehicle recycling market revenue in 2025. Battery-electric vans, buses, and medium-duty trucks contain dense battery packs that increase per-unit scrap value and support investment in high-voltage depollution bays. Class 8 trucks generate significantly more recyclable metal than compact sedans, increasing revenue per vehicle. In North America, vehicle recycling volumes remain stable as the average passenger car age reached a record high in 2025. In Europe, the rapid phaseout of internal combustion engine (ICE) vehicles accelerates scrappage rates and increases the flow of end-of-life vehicles to recycling yards. Regulations further emphasize regional differences. In India, fleets exceeding a specified age must undergo fitness tests, supporting a steady supply of vehicles for recycling. However, private cars often enter informal yards, where operators strip parts without following proper recycling practices.

Secondary effects further reinforce these dynamics. Commercial fleet operators increasingly incorporate battery buyback guarantees into their lease structures, strengthening partnerships with certified recyclers. Stricter EU depollution regulations for larger vehicles increase compliance costs for informal operators, gradually shifting market share toward larger certified plants. In 2025, a major shipment of electric buses drove up battery pack volumes. Although passenger car recycling in emerging regions has a larger base, it remains fragmented and faces regulatory delays, contributing to its slower CAGR.

Iron and steel accounted for 60.34% of the vehicle recycling market revenue in 2025, but aluminum is set to expand by 13.68% annually through 2031 as automakers prioritize lightweight structures. Aluminum substitution becomes appealing as reducing vehicle mass enhances EV range. The Yangwang U8L frame, consolidating multiple parts into a single casting, incorporates recycled content, highlighting a design trend towards circularity. Ford, in collaboration with Novelis, has established a closed-loop system that reintroduces scrap coils into fresh body sheets within weeks. This not only shields margins from fluctuations in spot prices but also significantly reduces energy consumption. Meanwhile, Nucor's mini-mills are capitalizing on the trend, channeling automotive shred into electric furnaces, resulting in cost savings on raw material imports.

Regional supply-demand disparities influence trade dynamics. The Asia-Pacific region, witnessing a rapid surge in EV adoption, grapples with a shortage of end-of-life aluminum. This shortfall has led to a reliance on imports of sorted scrap from North America and Europe, where vehicles tend to be older. Copper, despite being lighter in tonnage, commands a premium price. This premium positioning turns the recovery of motors and harnesses into a lucrative venture. On the other hand, plastics and glass are not reaping their due financial rewards. The challenge lies in mixed substrates, which hinder the efficiency of mechanical recycling. However, the EU is taking proactive steps, aiming to bridge this gap with a recycled-plastic mandate set for 2032.

Complete Report Scope:

• By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
• By Material
  • Iron and Steel
  • Aluminum
  • Rubber
  • Copper
  • Glass
  • Plastic
  • Others
• By Application
  • Original Equipment Manufacturers (OEMs)
  • Aftermarket
  • Scrap Processors/Dismantlers
• By Recycling Process
  • Manual Dismantling and Depollution
  • Shredding and Magnetic/Eddy Sorting
  • Advanced Li-ion Battery Recycling
• By Geography
  • North America
    • United States
    • Canada
    • Rest of North America
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Turkey
    • South Africa
    • Nigeria
    • Egypt
    • Rest of Middle East and Africa

Geography Analysis

North America accounted for 44.27% of the vehicle recycling market revenue in 2025, supported by an average fleet age that funnels a steady stream of ELVs to dismantlers. Digital sales dominated, with a substantial portion of Insurance Auto Auctions' transactions occurring online, reducing inventory days and enhancing returns. Copart used AI grading, enabling a single car listing to attract buyers across NAFTA borders and resulting in prices that surpassed pre-digital benchmarks. In a strategic move, LKQ divested its Self Service division to focus on collision parts and battery modules, signaling a shift towards more profitable streams. Meanwhile, the lack of federal ELV legislation allowed states to implement varied rules, introducing compliance challenges but minimal enforcement.

Asia-Pacific is set for a 14.13% CAGR to 2031. By 2030, India's ELV stock will double to 50 million, yet formal yards will process only a small fraction of vehicles due to a persistent price gap with informal buyers . In China, provincial subsidies in regions like Guangdong and Zhejiang are directing EV scrap to certified plants, although national legislation remains inconsistent. BYD's aluminum-heavy EV frames are driving demand for clean secondary metals. Japan's mature law achieves high recovery rates but faces consolidation challenges due to cost pressures. Meanwhile, ASEAN's 2025 draft for a battery passport is set to mandate cell-level traceability across borders, raising standards for formal recyclers.

Europe's updated End-of-Life Vehicles (ELV) Directive, finalized in 2024, requires automakers to adopt circular design principles and meet recycled-plastic targets, thereby driving investment in chemical recycling. While Northern Europe boasts a dense network of certified facilities, Southern and Eastern regions still see a significant portion of ELVs funneled to informal yards. Aurubis, reflecting trans-Atlantic material dynamics, is sourcing European scrap for its newly established U.S. smelter. In contrast, South America and the Middle East & Africa lag, struggling with voluntary or under-funded take-back regulations. Brazil's take-back mandate has stalled, and in Nigeria, informal yards operate unchecked, contaminating groundwater without facing repercussions.

1. ASM Auto Recycling Ltd.
2. Ecobat
3. Hensel Recycling Group
4. INDRA Automobile Recycling
5. Keiaisha Co., Ltd.
6. Radius Recycling, Inc.
7. Scholz Recycling GmbH
8. Sims Metal
9. European Metal Recycling Limited
10. Nucor Corporation
11. Aurubis AG
12. Toyota Tsusho Corporation
13. Hyundai Glovis
14. Li-Cycle Holdings Corp.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Stringent ELV Directives in EU, China, India
  • 4.2.2 Recycled Aluminum and Steel Critical for Lightweight EV Frames
  • 4.2.3 Volatile Virgin-Metal Prices Push OEM Demand for Scrap Feedstock
  • 4.2.4 AI-Enabled Robotic Dismantling Boosts Recovery Yields
  • 4.2.5 OEM Closed-Loop Traceability Pilots for Secondary Metals
  • 4.2.6 Digital Salvage Auctions Speed up Parts Circulation
• 4.3 Market Restraints
  • 4.3.1 High CAPEX for Advanced Shredding and Depollution Lines
  • 4.3.2 Fragmented ELV Collection Channels in Emerging Countries
  • 4.3.3 Safety Risks of High-Voltage Battery Packs During Dismantling
  • 4.3.4 Uncertain Economics of Fiber-Reinforced Composite Recycling
• 4.4 Value / Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Buyers
  • 4.7.2 Bargaining Power of Suppliers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Degree of Competition

5 Market Size & Growth Forecasts (Value, USD)

• 5.1 By Vehicle Type
  • 5.1.1 Passenger Cars
  • 5.1.2 Commercial Vehicles
• 5.2 By Material
  • 5.2.1 Iron and Steel
  • 5.2.2 Aluminum
  • 5.2.3 Rubber
  • 5.2.4 Copper
  • 5.2.5 Glass
  • 5.2.6 Plastic
  • 5.2.7 Others
• 5.3 By Application
  • 5.3.1 Original Equipment Manufacturers (OEMs)
  • 5.3.2 Aftermarket
  • 5.3.3 Scrap Processors/Dismantlers
• 5.4 By Recycling Process
  • 5.4.1 Manual Dismantling and Depollution
  • 5.4.2 Shredding and Magnetic/Eddy Sorting
  • 5.4.3 Advanced Li-ion Battery Recycling
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Rest of North America
  • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 France
    • 5.5.3.3 United Kingdom
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Russia
    • 5.5.3.7 Rest of Europe
  • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 Australia
    • 5.5.4.6 Rest of Asia-Pacific
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 Turkey
    • 5.5.5.4 South Africa
    • 5.5.5.5 Nigeria
    • 5.5.5.6 Egypt
    • 5.5.5.7 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, SWOT Analysis, and Recent Developments)
  • 6.4.1 ASM Auto Recycling Ltd.
  • 6.4.2 Ecobat
  • 6.4.3 Hensel Recycling Group
  • 6.4.4 INDRA Automobile Recycling
  • 6.4.5 Keiaisha Co., Ltd.
  • 6.4.6 Radius Recycling, Inc.
  • 6.4.7 Scholz Recycling GmbH
  • 6.4.8 Sims Metal
  • 6.4.9 European Metal Recycling Limited
  • 6.4.10 Nucor Corporation
  • 6.4.11 Aurubis AG
  • 6.4.12 Toyota Tsusho Corporation
  • 6.4.13 Hyundai Glovis
  • 6.4.14 Li-Cycle Holdings Corp.

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-Need Assessment