Italy Copper Scrap Market Size & Outlook, 2023-2030
Italy copper scrap market, 2018-2030 (US$M)
Related Markets
Italy copper scrap market highlights
- The Italy copper scrap market generated a revenue of USD 1,938.9 million in 2023 and is expected to reach USD 2,976.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.3% 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 1,938.9 million |
| Market revenue in 2030 | USD 2,976.0 million |
| Growth rate | 6.3% (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, Italy accounted for 3.0% 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 Europe, Germany copper scrap market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 2,424.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Copper Scrap Market Scope
Copper Scrap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 67.26% in 2023. Horizon Databook has segmented the Italy 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.
In November 2021, the Italian government came up with a new recovery and resilience plan (RRF) to foster economic growth from 1.5% to 2.5% by 2026, as part of the post-COVID phase. Through the RRF, the government is expected to invest in the construction of public buildings, renewable energy infrastructure, and waste & water management.
This plan is anticipated to positively influence the consumption of copper, and subsequently increase scrap consumption. In addition, relevant government policies with respect to EVs are anticipated to drive the copper scrap market over the forecast period.
For instance, in April 2022, as per the International Trade Administration, U.S. Department of Commerce, the Italian government passed a decree to allocate EUR 650 million (~USD 709 million) per year from 2022 to 2024 as an incentive to buy EVs.
Reasons to subscribe to Italy copper scrap market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Italy copper scrap market databook
-
Our clientele includes a mix of copper scrap market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy copper scrap market , including forecasts for subscribers. This country databook contains high-level insights into Italy copper scrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Italy copper scrap market size, by application, 2018-2030 (US$M)
Italy Copper Scrap Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
