Non-Ferrous Metal Recycling Trends and Forecast
The future of the global non-ferrous metal recycling market looks promising with opportunities in the construction, automotive, consumer good, and industrial good markets. The global non-ferrous metal recycling market is expected to reach an estimated $304.1 million by 2030 with a CAGR of 3.0% from 2024 to 2030. The major drivers for this market are increasing depletion of natural resources, growing demand for non-ferrous metals, and rising environmental concerns.Non-Ferrous Metal Recycling by Segment
The study includes a forecast for the global non-ferrous metal recycling by metal, end use, and region.Non-Ferrous Metal Recycling Market by Metal [Shipment Analysis by Value from 2018 to 2030]
- Aluminum
- Copper
- Lead
Non-Ferrous Metal Recycling Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Construction
- Automotive
- Consumer Goods
- Industrial Goods
- Others
Non-Ferrous Metal Recycling Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Non-Ferrous Metal Recycling Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies non-ferrous metal recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the non-ferrous metal recycling companies profiled in this report include-- Aurubis
- Kuusakoski
- Hindalco Industries
- Matalco
- Sims Metal Management
- OmniSource
- Erdwich-Zerkleinerungs-Systeme
- SA Recycling
- Arcelor Mittal
- Nucor
Non-Ferrous Metal Recycling Market Insights
The publisher forecasts that aluminum will remain the largest segment over the forecast period due to rising demand for recycled aluminum from the packaging, automotive, and construction industries.Within this market, consumer good is expected to witness the highest growth due to the growing consumer awareness of recycling and the use of non-ferrous metals in home appliances..
APAC is expected to witness highest growth over the forecast period due to rapid industrialization and economic growth.
Features of the Global Non-Ferrous Metal Recycling Market
- Market Size Estimates: Non-ferrous metal recycling market size estimation in terms of value ($M).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Non-ferrous metal recycling market size by metal, end use, and region in terms of value ($M).
- Regional Analysis: Non-ferrous metal recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different metals, end uses, and regions for the non-ferrous metal recycling market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the non-ferrous metal recycling market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the non-ferrous metal recycling market size?Answer: The global non-ferrous metal recycling market is expected to reach an estimated $304.1 million by 2030.
Q2. What is the growth forecast for non-ferrous metal recycling market?
Answer: The global non-ferrous metal recycling market is expected to grow with a CAGR of 3.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the non-ferrous metal recycling market?
Answer: The major drivers for this market are increasing depletion of natural resources, growing demand for non-ferrous metals, and rising environmental concerns.
Q4. What are the major segments for non-ferrous metal recycling market?
Answer: The future of the non-ferrous metal recycling market looks promising with opportunities in the construction, automotive, consumer good, and industrial good markets.
Q5. Who are the key non-ferrous metal recycling market companies?
Answer: Some of the key non-ferrous metal recycling companies are as follows:
- Aurubis
- Kuusakoski
- Hindalco Industries
- Matalco
- Sims Metal Management
- OmniSource
- Erdwich-Zerkleinerungs-Systeme
- SA Recycling
- Arcelor Mittal
- Nucor
Answer: The publisher forecasts that aluminum will remain the largest segment over the forecast period due to rising demand for recycled aluminum from the packaging, automotive, and construction industries.
Q7. In non-ferrous metal recycling market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid industrialization and economic growth.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the non-ferrous metal recycling market by metal (aluminum, copper, and lead), end use (construction, automotive, consumer goods, industrial goods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Non-Ferrous Metal Recycling Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Aurubis
- Kuusakoski
- Hindalco Industries
- Matalco
- Sims Metal Management
- OmniSource
- Erdwich-Zerkleinerungs-Systeme
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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