India Copper Scrap Market Size & Outlook, 2023-2030
India copper scrap market, 2018-2030 (US$M)
Related Markets
India copper scrap market highlights
- The India copper scrap market generated a revenue of USD 973.9 million in 2023 and is expected to reach USD 1,673.2 million by 2030.
- The India market is expected to grow at a CAGR of 8% 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 973.9 million |
| Market revenue in 2030 | USD 1,673.2 million |
| Growth rate | 8% (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, India accounted for 1.5% 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 Asia Pacific, China copper scrap market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,673.2 million by 2030.
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Copper Scrap Market Scope
Copper Scrap Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 62.65% in 2023. Horizon Databook has segmented the India 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.
India is among the fastest-growing economies in the world and is witnessing positive economic growth owing to the rising government initiatives such as “Make in India” and Atma nirbhar Bharat, which, in turn, are promoting the country’s manufacturing and infrastructure sectors while encouraging foreign direct investment (FDI).
This is expected to augment the growth of equipment manufacturing and boost the demand for copper scrap in the country. The automotive industry in India has been showing significant growth potential, leading to long-term expansion strategies by leading manufacturers in the country.
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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 country-level data and insights on the India copper scrap market , including forecasts for subscribers. This country databook contains high-level insights into India copper scrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India copper scrap market size, by application, 2018-2030 (US$M)
India Copper Scrap Market Outlook Share, 2023 & 2030 (US$M)
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