Turkey Metal Recycling Market Size & Outlook, 2025-2030
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Turkey metal recycling market highlights
- The Turkey metal recycling market generated a revenue of USD 2,064.8 million in 2024 and is expected to reach USD 2,482.6 million by 2030.
- The Turkey market is expected to grow at a CAGR of 3.1% from 2025 to 2030.
- In terms of segment, aluminum was the largest revenue generating metal in 2024.
- Steel is the most lucrative metal segment registering the fastest growth during the forecast period.
Metal recycling market data book summary
| Market revenue in 2024 | USD 2,064.8 million |
| Market revenue in 2030 | USD 2,482.6 million |
| Growth rate | 3.1% (CAGR from 2025 to 2030) |
| Largest segment | Aluminum |
| Fastest growing segment | Steel |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Copper, Aluminum, Other Metals |
| Key market players worldwide | European Metal Recycling, Commercial Metals Co, GFG Alliance, Norsk Hydro ASA, Schnitzer Steel Industries, Novelis, Tata Steel Ltd GDR - 144A |
Other key industry trends
- In terms of revenue, Turkey accounted for 0.2% of the global metal recycling market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany metal recycling market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 96,099.3 million by 2030.
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Metal Recycling Market Scope
Metal Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Schnitzer Steel Industries | View profile | 1001-5000 | Portland, Oregon, United States, North America | http://www.schnitzersteel.com/ |
| GFG Alliance | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.gfgalliance.com |
| European Metal Recycling | View profile | 1001-5000 | Warrington, Warrington, United Kingdom, Europe | http://www.emrgroup.com/ |
| Novelis | View profile | 10001+ | Atlanta, Georgia, United States, North America | http://novelis.com |
| Tata Steel Ltd GDR - 144A | View profile | 73496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | https://www.tatasteel.com |
| Norsk Hydro ASA | View profile | 32724 | Drammensveien 264, Oslo, Norway, NO-0283 | https://www.hydro.com |
| Commercial Metals Co | View profile | 13022 | 6565 North MacArthur Boulevard, Irving, TX, United States, 75039 | https://www.cmc.com |
Turkey metal 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 metal recycling market will help companies and investors design strategic landscapes.
Aluminum was the largest segment with a revenue share of 52.25% in 2024. Horizon Databook has segmented the Turkey metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.
The natural calamity however, resulted in an increase in scrap generation in the country. Turkey exported the resulting metal scrap, especially ferrous scrap, to its nearby trade partners, and its supply influenced the pricing levels of these nearby secondary recycling markets, such as European countries, and Egypt.
Reconstruction of the cities affected by the earthquake is anticipated to increase the demand for metal across various industries, especially construction, automotive, consumer goods, and industrial goods. The country has a robust secondary metal market, and this is anticipated to witness sustained growth during the forecast period.
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Our clientele includes a mix of metal recycling 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 Turkey metal recycling market , including forecasts for subscribers. This country databook contains high-level insights into Turkey metal recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Turkey metal recycling market size, by metal, 2018-2030 (US$M)
Turkey Metal Recycling Market Outlook Share, 2024 & 2030 (US$M)
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