Europe Non-ferrous Scrap Recycling Market Size & Outlook
Europe non-ferrous scrap recycling market, 2018-2030 (US$B)
Related Markets
Europe non-ferrous scrap recycling market highlights
- The Europe non-ferrous scrap recycling market generated a revenue of USD 181.8 billion in 2023.
- The market is expected to grow at a CAGR of 3.4% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 181.8 billion |
| Market revenue in 2030 | USD 229.0 billion |
| Growth rate | 3.4% (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, Europe region accounted for 29.2% 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.
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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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Europe 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 80.75% in 2023. Horizon Databook has segmented the Europe non-ferrous scrap recycling market based on copper, lead, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.
According to the World Economic Forum, the European Union (EU) accounts for one-sixth of the global trade, with Germany, France, and Italy accounting for over half of its economic output. Despite the ongoing Russia-Ukraine conflict, energy crises, and tightening of monetary conditions, the EU economy performed relatively better in 2023 compared to 2022.
The EU has set an ambitious target to become climate-neutral by 2050. Furthermore, European Aluminum and Metal Packaging Europe have released a roadmap to achieve a 100% recycling rate for aluminum beverage cans by 2030.
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Target buyers of Europe 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 continent-level data and insights on the Europe non-ferrous scrap recycling market , including forecasts for subscribers. This continent databook contains high-level insights into Europe non-ferrous scrap recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe non ferrous scrap recycling market size, by country, 2018-2030 (US$B)
Europe Non-ferrous Scrap Recycling Market Outlook Share, 2023 & 2030 (US$B)
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