Company: SEAH
Filing Date: 2025-09-25
Form Type: F-1
Source: 0001213900-25-091701
Chunk: 93

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-09-25
Form: F-1
Chunk 93
---
 Furthermore, in order to maintain competitiveness in the field of technological research and development (“R&D”) and innovation, continuous financial support is essential. Besides, the establishment of stable raw material supply and sales channels, as well as the fulfilment of stringent environmental standards, all require significant capital investment. For new entrants, these capital requirements can present a significant challenge. Client Resources and Sales Channels:Japan’s recycling industry has developed a well -establishedrecycling network and treatment system, covering the entire process from waste collection by households and businesses to reprocessing. New entrants will inevitably need to establish such network in a short period of time, which will require significant capital investment and competition with existing market players. In contrast, the supply chain of recycling market players in Japan is highly dependent on stable partnerships, including domestic and overseas raw material supplies from both public and private sources, logistics providers, downstream sales customers and channels. New entrants must invest time and resources in building trusting relationships with existing suppliers and customers. Regulations and Qualifications:Japan has clear and strict policy and regulatory requirements for the recycling industry. Different industries and different types of wastes are collected, sorted and treated with corresponding treatment benchmarks and technical requirements. Therefore, companies must have the appropriate qualifications and licenses to conduct business in each prefecture in Japan. Subsequently, market players will also need to keep track of updates and revisions to laws and regulations, etc. New entrants must have a thorough understanding of these regulations and comply with them strictly, otherwise they may face legal risks and barriers to market entry. Overview of Metal Recycling and Paper Recycling Market in Asia Market Size of Metal Recycling in Asia The domestic metal scrap purchase volume in Asia excluding Japan has shown significant growth, rising from 358,071.0 thousand metric tons in 2019 to 398,432.2 thousand metric tons in 2024, representing a CAGR of 2.2%. This growth is primarily attributed to the steady increase in steel scrap, from 311,099.9 thousand metric tons in 2019 to 340,573.0 thousand metric tons in 2024, and aluminum scrap, from 21,105.1 thousand metric tons in 2019 to 27,691.7 thousand metric tons in 2024. The key drivers behind this trend include robust economic expansion and rapid industrialization across the region, which have led to higher demand for steel and aluminum in the construction, automotive, and manufacturing sectors. Meanwhile, the growing emphasis on sustainable manufacturing practices and circular economy principles has prompted