Global Non-ferrous Scrap Recycling Market Size & Outlook
Global non-ferrous scrap recycling market, 2018-2030 (US$B)
Related Markets
Global non-ferrous scrap recycling market highlights
- The global non-ferrous scrap recycling market generated a revenue of USD 623.1 billion in 2023 and is expected to reach USD 816.8 billion by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.9% by 2030.
- In terms of segment, lead accounted for a revenue of USD 476.2 billion in 2023.
- Lead is the most lucrative metal segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 623.1 billion |
| Market revenue in 2030 | USD 816.8 billion |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Lead |
| Fastest growing segment | Lead |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Copper, Lead, Aluminum |
Other key industry trends
- In terms of revenue, the North America accounted for 13.8% of the global non-ferrous scrap recycling market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 51.9 billion by 2030.
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Non-ferrous Scrap Recycling Market Scope
Non-ferrous Scrap Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global non-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 non-ferrous scrap recycling market will help companies and investors design strategic landscapes.
Lead was the largest segment with a revenue share of 76.42% in 2023. Horizon Databook has segmented the Global non-ferrous scrap recycling market based on copper, lead, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Non-ferrous Scrap Recycling Metal Outlook (Revenue, USD Billion, 2018-2030)
- Copper
- Lead
- Aluminum
- Others
- Global Non-ferrous Scrap Recycling Sector Outlook (Revenue, USD Billion, 2018-2030)
- Construction
- Automotive
- Consumer Goods
- Industrial Goods
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Target buyers of Global non-ferrous scrap recycling market databook
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Horizon Databook provides a detailed overview of global-level data and insights on the Global non-ferrous scrap recycling market , including forecasts for subscribers. This global databook contains high-level insights into Global non-ferrous scrap recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global non ferrous scrap recycling market size, by region, 2018-2030 (US$B)
Top 10 countries: Non ferrous scrap recycling market size, 2023 (US$B)
Global non ferrous scrap recycling market share, by metal, 2023 & 2030 (%, US$B)
Non-ferrous scrap recycling market: Opportunity assessment by country
Global non-ferrous scrap recycling market, by region, 2023 (US$B)
| Metal | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 66.8 | 61.6 | 62.0 | 91.1 | 89.0 | 86.0 | 89.9 | 90.7 | 91.1 | 94.9 | 95.3 | 97.8 | 100.0 | 2.2% |
| Europe | 137.9 | 131.7 | 130.7 | 191.0 | 187.3 | 181.8 | 191.7 | 196.0 | 200.3 | 212.5 | 214.8 | 222.8 | 229.0 | 3.4% |
| Asia Pacific | 165.6 | 182.0 | 187.3 | 308.6 | 318.4 | 307.5 | 331.2 | 341.0 | 350.4 | 370.3 | 384.8 | 404.4 | 425.8 | 4.8% |
| Latin America | 21.2 | 18.5 | 17.9 | 25.7 | 25.8 | 25.4 | 27.2 | 28.2 | 29.3 | 31.2 | 30.6 | 31.8 | 32.8 | 3.7% |
| MEA | 18.0 | 16.4 | 16.3 | 23.0 | 22.9 | 22.5 | 23.8 | 24.6 | 25.3 | 27.0 | 26.7 | 27.7 | 29.2 | 3.8% |
| Overall | 409.6 | 410.2 | 414.2 | 639.3 | 643.4 | 623.2 | 663.8 | 680.5 | 696.5 | 735.9 | 752.1 | 784.4 | 816.8 | 3.9% |
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