Latin America Ferrous Scrap Recycling Market Size & Outlook

The ferrous scrap recycling market in Latin America is expected to reach a projected revenue of US$ 2.0 million by 2030. A compound annual growth rate of 2.8% is expected of Latin America ferrous scrap recycling market from 2022 to 2030.

Revenue, 2021 (US$M)
$1.6
Forecast, 2030 (US$M)
$2.0
CAGR, 2022 - 2030
2.5%
Report Coverage
Latin America

Latin America ferrous scrap recycling market highlights

  • The Latin America ferrous scrap recycling market generated a revenue of USD 1.6 million in 2021.
  • The market is expected to grow at a CAGR of 2.8% from 2022 to 2030.
  • In terms of segment, construction was the largest revenue generating application in 2021.
  • Consumer Goods is the most lucrative application segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2021USD 1.6 million
Market revenue in 2030USD 2.0 million
Growth rate2.8% (CAGR from 2021 to 2030)
Largest segmentConstruction
Fastest growing segmentConsumer Goods
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConstruction, Automotive, Consumer Goods, Industrial Goods
Key market players worldwideEuropean Metals Holdings Ltd, Sims Ltd, Schnitzer Steel Industries, American Iron & Metal, Innovative Metal Recycling, OmniSource Corporation, SA Recycling, Rudolf Schuy, TSR Recycling, Ward Recycling

Other key industry trends

  • In terms of revenue, Latin America region accounted for 1.2% of the global ferrous scrap recycling market in 2021.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 28.4 million by 2030.

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Ferrous Scrap Recycling Market Scope

Ferrous Scrap Recycling Market Companies

Name Profile # Employees HQ Website

Latin America ferrous scrap recycling 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 ferrous scrap recycling market will help companies and investors design strategic landscapes.


Construction was the largest segment with a revenue share of 50% in 2021. Horizon Databook has segmented the Latin America ferrous scrap recycling market based on construction, automotive, consumer goods, industrial goods covering the revenue growth of each sub-segment from 2017 to 2030.


  • Latin America Ferrous Scrap Recycling Application Outlook (Revenue, USD Million, 2017-2030)
    • Construction
    • Automotive
    • Consumer Goods
    • Industrial Goods

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America ferrous scrap recycling market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ferrous scrap recycling market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America ferrous scrap recycling market

Latin America Ferrous Scrap Recycling Market Outlook Share, 2021 & 2030 (US$M)

Latin America ferrous scrap recycling market

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