Brazil Copper Scrap Market Size & Outlook, 2023-2033
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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 1,544.5 million by 2033.
- The Brazil market is expected to grow at a CAGR of 7.6% from 2024 to 2033.
- In terms of segment, new scrap was the largest revenue generating feed material in 2023.
- Old Scrap is the most lucrative feed material 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 2033 | USD 1,544.5 million |
| Growth rate | 7.6% (CAGR from 2024 to 2033) |
| Largest segment | New scrap |
| Fastest growing segment | Old Scrap |
| Historical data | 2021 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Old Scrap, New Scrap |
| 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 2033.
- In Latin America, Brazil copper scrap market is projected to lead the regional market in terms of revenue in 2033.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,544.5 million by 2033.
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Copper Scrap Market Scope
Copper Scrap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jain Metal Group | View profile | 1001-5000 | Chennai, Tamil Nadu, India, Asia | https://jainmetalgroup.com |
| Ames Copper Group | View profile | 51-100 | Shelby, North Carolina, United States, North America | https://www.amescoppergroup.com |
| Aurubis AG | View profile | 7305 | Hovestrasse 50, Hamburg, BY, Germany, 20539 | https://www.aurubis.com |
| Glencore PLC | View profile | 83426 | Baarermattstrasse 3, Baar, Switzerland, CH-6340 | https://www.glencore.com |
| OmniSource Corporation | View profile | 1001-5000 | Fort Wayne, Indiana, United States, North America | http://www.omnisource.com/ |
| Commercial Metals Co | View profile | 13022 | 6565 North MacArthur Boulevard, Irving, TX, United States, 75039 | https://www.cmc.com |
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.
New scrap was the largest segment with a revenue share of 84.43% in 2023. Horizon Databook has segmented the Brazil copper scrap market based on old scrap, new scrap covering the revenue growth of each sub-segment from 2021 to 2033.
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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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 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Brazil Feed Material - Copper Scrap Market size, 2023 - 2033 (US$M)
Brazil Copper Scrap Market Outlook Share, 2023 & 2033 (US$M)
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