Market revenue in 2023 | USD 568.1 million |
Market revenue in 2030 | USD 777.7 million |
Growth rate | 4.6% (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 |
Key market players worldwide | Aurubis AG, Commercial Metals Co, Glencore PLC, OmniSource Corporation, Ames Copper Group, Jain Metal Group |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 65.94% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
According to the IMF, the GDP of the Middle East and Africa is projected to be 2.7% and 3.7%, respectively, in 2023. The region accounted for a revenue share of less than 1% of the global copper scrap market in 2023.
Countries in the region are developing at a fast pace owing to rapid industrialization and urbanization. For example, the UAE government plans to increase the contribution of the manufacturing industry to its economy by diversifying its investments in other industries.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa copper scrap market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa copper scrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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