According to IMARC Group’s latest report, titled “United Kingdom Vehicle Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the United Kingdom vehicle recycling market grew at a CAGR of around 8% during 2015-2020. Vehicle recycling refers to the process of recovering spare parts, fuel and scrap metals of an automobile. It involves dismantling, crushing, shredding, and recovering the components through which magnetic pieces, sheet metals, seats, and wheels are retrieved. The non-ferrous metals are isolated from other materials through separation technol…

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