Brazil Copper Scrap Market Size & Outlook, 2023-2030
Brazil copper scrap market, 2018-2030 (US$M)
Related Markets
Brazil copper scrap market highlights
- The Brazil copper scrap market generated a revenue of USD 745.8 million in 2023 and is expected to reach USD 1,166.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, brass mills was the largest revenue generating application in 2023.
- Ingot Makers is the most lucrative application segment registering the fastest growth during the forecast period.
Copper scrap market data book summary
| Market revenue in 2023 | USD 745.8 million |
| Market revenue in 2030 | USD 1,166.8 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Brass mills |
| Fastest growing segment | Ingot Makers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wire Rod Mills, Brass Mills, Ingot Makers, Foundries & Other Industries |
| Key market players worldwide | Aurubis AG, Commercial Metals Co, Glencore PLC, OmniSource Corporation, Ames Copper Group, Jain Metal Group |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.1% of the global copper scrap market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil copper scrap market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,166.8 million by 2030.
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Copper Scrap Market Scope
Copper Scrap Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 63.9% in 2023. Horizon Databook has segmented the Brazil 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.
As per the IMF, the GDP of Brazil is forecast to grow at a rate of 0.9% in 2023. The rising demand for copper scrap in the country can be attributed to the flourishing energy generation industry and the surging investments by automobile manufacturers in Brazil.
For instance, in August 2023, the government of Brazil announced its plans to invest USD 200 billion in infrastructure, energy, and transportation projects over the next four years as a part of an initiative to enhance economic growth and employment opportunities in the country.
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Target buyers of Brazil 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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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 country-level data and insights on the Brazil copper scrap market , including forecasts for subscribers. This country databook contains high-level insights into Brazil copper scrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil copper scrap market size, by application, 2018-2030 (US$M)
Brazil Copper Scrap Market Outlook Share, 2023 & 2030 (US$M)
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