Market revenue in 2023 | USD 29.9 billion |
Market revenue in 2030 | USD 34.5 billion |
Growth rate | 2.1% (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 |
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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 78.6% in 2023. Horizon Databook has segmented the France non-ferrous scrap recycling market based on copper, lead, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.
According to Plateforme Automobile, 1,774,729 new cars were sold in France in 2023, of which 26% were electric and rechargeable hybrids. EVs accounted for about 17% of new car sales. With the robust sales of EVs in the country, the government is likely to reduce EV subsidies and lower its total subsidy budget to EUR 15 billion in 2024, which is EUR 200 million less as compared to 2023.
The growth in EVs and the automotive industry is expected to propel the consumption of aluminum, copper, and other metals used in the manufacturing of EVs and batteries. Growing emphasis on sustainability, circular economy, and initiatives toward decarbonization is anticipated to boost the nonferrous scrap recycling market.
The demand for recycled non-ferrous products is widespread across industries, such as automotive, construction, and electronics, driven by factors, such as cost-effectiveness, resource conservation, and environmental responsibility.
Horizon Databook provides a detailed overview of country-level data and insights on the France non-ferrous scrap recycling market , including forecasts for subscribers. This country databook contains high-level insights into France non-ferrous scrap recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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