Asia Pacific Non-ferrous Scrap Recycling Market Size & Outlook
Asia Pacific non-ferrous scrap recycling market, 2018-2030 (US$B)
Related Markets
Asia Pacific non-ferrous scrap recycling market highlights
- The Asia Pacific non-ferrous scrap recycling market generated a revenue of USD 307.5 billion in 2023.
- The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, lead was the largest revenue generating metal in 2023.
- Lead is the most lucrative metal segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 307.5 billion |
| Market revenue in 2030 | USD 425.8 billion |
| Growth rate | 4.8% (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 |
| Key market players worldwide | Hindalco Industries Ltd GDR, Aurubis AG, TSR Recycling, OmniSource Corporation, SA Recycling, Sims Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 49.3% of the global non-ferrous scrap recycling market in 2023.
- Globally, Asia Pacific 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 425.8 billion 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
Non-ferrous Scrap Recycling Market Scope
Non-ferrous Scrap Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 73.4% in 2023. Horizon Databook has segmented the Asia Pacific non-ferrous scrap recycling market based on copper, lead, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.
As per the IMF, the GDP of Asia Pacific grew at 4.4% in 2023. According to the World Investment Report 2023 of the United Nations Conference on Trade and Development (UNCTAD), Foreign Direct Investment (FDI) inflows in Asia Pacific remained at USD 662 billion in 2022, accounting for almost 50% of the global FDI inflows.
These inflows in the region were mainly concentrated in four countries, namely China, Singapore, Hong Kong, and India. The growing emphasis on decarbonization and circular economy, along with investments in Asia Pacific, has enhanced the development of various industries in the region.
This has resulted in a rise in the demand for non-ferrous products, such as aluminum, copper, zinc, and lead, thus, favoring the growth of non-ferrous scrap recycling market. Governments across the region are implementing regulations and policies to promote recycling and sustainable practices. Increasing awareness among industries and consumers about the environmental impact of waste disposal is further encouraging the adoption of recycling practices.
Reasons to subscribe to Asia Pacific non-ferrous scrap recycling 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 Asia Pacific non-ferrous scrap recycling market databook
-
Our clientele includes a mix of non-ferrous scrap recycling 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 continent-level data and insights on the Asia Pacific non-ferrous scrap recycling market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific non-ferrous scrap recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific non ferrous scrap recycling market size, by country, 2018-2030 (US$B)
Asia Pacific Non-ferrous Scrap Recycling Market Outlook Share, 2023 & 2030 (US$B)
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
