Global Copper Scrap Market Size & Outlook, 2023-2030
Global copper scrap market, 2018-2030 (US$M)
Related Markets
Global copper scrap market highlights
- The global copper scrap market generated a revenue of USD 65,088.3 million in 2023 and is expected to reach USD 105,895.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.2% by 2030.
- In terms of segment, brass mills accounted for a revenue of USD 40,888.6 million in 2023.
- Ingot Makers is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 65,088.3 million |
| Market revenue in 2030 | USD 105,895.9 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Brass mills |
| Fastest growing segment | Ingot Makers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wire Rod Mills, Brass Mills, Ingot Makers, Foundries & Other Industries |
Other key industry trends
- In terms of revenue, the North America accounted for 11.1% of the global copper scrap market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 159.6 million by 2030.
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Copper Scrap Market Scope
Copper Scrap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global copper scrap market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to copper scrap market will help companies and investors design strategic landscapes.
Brass mills was the largest segment with a revenue share of 62.82% in 2023. Horizon Databook has segmented the Global copper scrap market based on wire rod mills, brass mills, ingot makers, foundries & other industries covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Copper Scrap Application Outlook (Revenue, USD Million, 2018-2030)
- Wire Rod Mills
- Brass Mills
- Ingot Makers
- Foundries & Other Industries
- Global Copper Scrap End-Use Outlook (Revenue, USD Million, 2018-2030)
- Power Generation, Distribution, and Transmission
- Construction
- Appliances & Electronics
- Transport
- Others
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Target buyers of Global copper scrap market databook
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Our clientele includes a mix of copper scrap market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global copper scrap market , including forecasts for subscribers. This global databook contains high-level insights into Global copper scrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global copper scrap market size, by regions, 2018-2030 (US$M)
Top 10 countries: Copper scrap market size, 2023 (US$M)
Global copper scrap market share, by application, 2023 & 2030 (%, US$M)
Copper scrap market: Opportunity assessment by country
Global copper scrap market, by region, 2023 (US$M)
Related regional statistics
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