Canada Non-ferrous Scrap Recycling Market Size & Outlook
Canada non-ferrous scrap recycling market, 2018-2030 (US$B)
Related Markets
Canada non-ferrous scrap recycling market highlights
- The Canada non-ferrous scrap recycling market generated a revenue of USD 33.9 billion in 2023 and is expected to reach USD 40.6 billion by 2030.
- The Canada market is expected to grow at a CAGR of 2.6% 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.
Non-ferrous scrap recycling market data book summary
| Market revenue in 2023 | USD 33.9 billion |
| Market revenue in 2030 | USD 40.6 billion |
| Growth rate | 2.6% (CAGR from 2023 to 2030) |
| Largest segment | Lead |
| Fastest growing segment | Lead |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 5.4% of the global non-ferrous scrap recycling market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. non-ferrous scrap recycling market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 40.6 billion by 2030.
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Non-ferrous Scrap Recycling Market Scope
Non-ferrous Scrap Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 87.91% in 2023. Horizon Databook has segmented the Canada non-ferrous scrap recycling market based on copper, lead, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is a significant consumer of aluminum products despite being among the largest exporters of aluminum. The adoption of aluminum and its products in the country is anticipated to increase owing to its recyclability and is expected to continue over the forecast period.
Furthermore, the recycling market is expected to be benefited by increasing government efforts to achieve a circular economy, with a target to achieve net zero greenhouse gas emissions by 2050. This target is expected to positively aid the growth of the country's ferrous scrap recycling market.
According to Natural Resources Canada, aluminum is one of the most commonly recycled metals in the world. It is endlessly recyclable without losing quality. The growing emphasis on circular economy and recycling in the country has encouraged companies to invest in the recycling sector.
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Target buyers of Canada non-ferrous scrap recycling market databook
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Our clientele includes a mix of non-ferrous scrap recycling market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada non-ferrous scrap recycling market , including forecasts for subscribers. This country databook contains high-level insights into Canada non-ferrous scrap recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada non ferrous scrap recycling market size, by metal, 2018-2030 (US$B)
Canada Non-ferrous Scrap Recycling Market Outlook Share, 2023 & 2030 (US$B)
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