North America Non-ferrous Scrap Recycling Market Size & Outlook
North America non-ferrous scrap recycling market, 2018-2030 (US$B)
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North America non-ferrous scrap recycling market highlights
- The North America non-ferrous scrap recycling market generated a revenue of USD 86.0 billion in 2023.
- The market is expected to grow at a CAGR of 2.2% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 86.0 billion |
| Market revenue in 2030 | USD 100.0 billion |
| Growth rate | 2.2% (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, North America region accounted for 13.8% 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 |
|---|
North America 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 81.28% in 2023. Horizon Databook has segmented the North America non-ferrous scrap recycling market based on copper, lead, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.
North America is one of the most competitive regions in terms of non-ferrous scrap generation and recycling in the world. The countries in the region, including the U.S., Canada, and Mexico, have established a free trade agreement.
This allows the countries to free trade among 490 million consumers. North America, as a whole, accounts for 27% of the world’s GDP, with production worth more than USD 23 trillion in goods and services every year. Since 1994, North America’s GDP has been increasing at an average annual rate of 2.5%.
The GDP growth in the region has been fueling the growth of industries such as construction, automotive, consumer goods, and commercial goods. The U.S. accounts for a majority share of non-ferrous scrap recycling in North America.
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Target buyers of North America 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 continent-level data and insights on the North America non-ferrous scrap recycling market , including forecasts for subscribers. This continent databook contains high-level insights into North America non-ferrous scrap recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America non ferrous scrap recycling market size, by country, 2018-2030 (US$B)
North America Non-ferrous Scrap Recycling Market Outlook Share, 2023 & 2030 (US$B)
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