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Analysis Of China's Scrap Car Recycling And Disassembly Industry Market Prospects In 2020

Jan 20, 2020 Leave a message

Recycling, disassembling and recycling of scrapped cars are not only an important field in the field of renewable resources, but also an important part of the modern automobile distribution system. It is not only an important way to save resources and achieve sustainable use of resources, but also carries huge social responsibilities and environmental protection responsibilities.

1. China's car ownership and scrap volume are increasing

According to the statistics of the China Automobile Industry Association, in 2019, the production and sales of automobiles will be 25.712 million and 25.769 million, respectively. As of September 2018, the Ministry of Public Security announced that the current domestic car ownership is about 235 million, a year-on-year increase of about 12.0%. The United States currently has 265 million cars, and China is expected to surpass the United States after 2019.

2. China's motor vehicle recycling volume grows rapidly

● According to data released by the Department of Market System Construction of the Ministry of Commerce, in 2019, the number of motor vehicle recycling nationwide was 2.295 million, an increase of 15.3% year-on-year, of which 1.951 million were automobiles, an increase of 16.8%, and motorcycles were 344,000, an increase of 7.1%.

● By vehicle type, the number of buses recovered in 2019 was 1.387 million, a year-on-year increase of 17.1%. There were 453,000 trucks, a year-on-year increase of 18.9%. 55,000 trailers, an increase of 29.3% year-on-year. 28,000 special operation vehicles, a year-on-year decrease of 1.4%.

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