Mexico Non-ferrous Scrap Recycling Market Size & Outlook
Mexico non-ferrous scrap recycling market, 2018-2030 (US$B)
Related Markets
Mexico non-ferrous scrap recycling market highlights
- The Mexico non-ferrous scrap recycling market generated a revenue of USD 6.3 billion in 2023 and is expected to reach USD 7.5 billion by 2030.
- The Mexico 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 6.3 billion |
| Market revenue in 2030 | USD 7.5 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, Mexico accounted for 1.0% 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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Mexico 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 76.19% in 2023. Horizon Databook has segmented the Mexico non-ferrous scrap recycling market based on copper, lead, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for copper and aluminum in Mexico is being driven up by the increasing consumption of packaged goods and the presence of one of the largest automotive manufacturing sectors in the region. Mexico's aluminum imports in 2022 were estimated at around 27 million tons, according to the International Trade Administration.
This highlights Mexico's position as a crucial player in the nonferrous scrap recycling market. The country has become a significant participant in the automotive manufacturing sector, attracting significant investments from global automakers.
The market is expected to experience significant growth opportunities due to the increasing focus on sustainable packaging. Aluminum is a suitable material for various packaging applications, such as cans, bottles, and foils.
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Target buyers of Mexico 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 Mexico non-ferrous scrap recycling market , including forecasts for subscribers. This country databook contains high-level insights into Mexico non-ferrous scrap recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico non ferrous scrap recycling market size, by metal, 2018-2030 (US$B)
Mexico Non-ferrous Scrap Recycling Market Outlook Share, 2023 & 2030 (US$B)
Related regional statistics
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