Market Overview:
The global aluminium scrap market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for aluminium alloys from transportation, construction, and electronics industries. Additionally, the growing industrialisation and urbanisation in developing countries are also fuelling the demand for aluminium scrap. However, fluctuations in prices of raw materials used in manufacturing aluminium alloys may restrain the growth of this market during the forecast period.
Product Definition:
Aluminium scrap is a valuable commodity because it can be recycled to create new aluminium products. Aluminium recycling is important because it conserves energy and natural resources.
Aluminium:
Aluminum is a metal and has the symbol Al. It is a silvery-white transition metal with a high content of magnesium and zinc. The element occurs in nature as bauxite, which is refined to produce alumina, used in producing aluminum oxide (alum) that can be used for various applications including abrasives, pigments & extender for plastics or other alloys; it also has several other industrial uses such as foundry sand and welding electrodes among others.
AluminiumAlloys:
Aluminium alloys are a group of compounds containing at least two aluminum elements, which can be alloyed with each other, iron, copper and other metals. The most common ones are Al-Si (aluminum-silicon), Al-Cu (aluminum-copper), and Al-Fe (aluminum–iron). They have different properties depending on the composition.
Application Insights:
The construction segment accounted for the largest revenue share of over 30% in 2017 and is expected to continue its dominance over the forecast period. The increasing need for infrastructure development across various countries, including China, India and Australia, is anticipated to boost product demand in this application.
Transportation was the second largest application accounting for a significant volume share of 29.4%in 2017 owing to rising automotive production across key markets such as Japan and U.S., which are major consuming countries of aluminum scrap from automobiles. Increasing use of lightweight materials has resulted in an increase in automotive component manufacturing leading to increased aluminum scrap generation from automakers globally.
Electronics was another prominent segment accounting for 17% market sharein terms of volume on account of growing electronics industry particularly SMEs across various developing economies including China, Vietnam and Indonesia that are generating large volumesof electronic waste (EW).
Regional Analysis:
Asia Pacific accounted for the largest share of over 60% in 2017. The region is expected to continue its dominance over the forecast period as well, with China being a key contributor. The country’s rapid industrialization and urbanization have resulted in an increased demand for various products, such as building materials and consumer electronics. In addition, rising disposable income levels are anticipated to fuel market growth during the forecast period.
The European market was valued at USD X billion in 2017 owing to high consumption of recycled material from power generation plants across countries including Germany, Spain, Italy and U.K., among others; which accounts for a major share of global production capacity within Europe itself (European Aluminiumprocessing plant).
Growth Factors:
- Growing demand from the automotive and construction industries
- Increasing use of aluminium in lightweight vehicles
- Rising prices of aluminium scrap due to limited supply
- Stringent environmental regulations for waste disposal
- Technological advancements that facilitate better recycling
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminium Scrap Market Research Report
By Type
Aluminium, AluminiumAlloys
By Application
Transportation, Construction, Electronics, Industrial Machinery and Equipment, Others
By Companies
OmniSource Corp., Sims Metal Management, David J. Joseph, Commercial Metals Company, Liberty Iron＆Metal, Kuusakoski, Partners Metal, Crown Industries, Harita Metals Co, ScholzAlu Stockach GmbH, OmniSource Corp.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Aluminium Scrap Market Report Segments:
The global Aluminium Scrap market is segmented on the basis of:
Types
Aluminium, AluminiumAlloys
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Construction, Electronics, Industrial Machinery and Equipment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OmniSource Corp.
- Sims Metal Management
- David J. Joseph
- Commercial Metals Company
- Liberty Iron＆Metal
- Kuusakoski
- Partners Metal
- Crown Industries
- Harita Metals Co
- ScholzAlu Stockach GmbH
- OmniSource Corp.
Highlights of The Aluminium Scrap Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminium
- AluminiumAlloys
- By Application:
- Transportation
- Construction
- Electronics
- Industrial Machinery and Equipment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminium Scrap Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminium scrap is a by-product of the aluminium industry. It is composed of small pieces of metal that have been cut from larger sheets or plates.
Some of the major companies in the aluminium scrap market are OmniSource Corp., Sims Metal Management, David J. Joseph, Commercial Metals Company, Liberty Iron＆Metal, Kuusakoski, Partners Metal, Crown Industries, Harita Metals Co, ScholzAlu Stockach GmbH, OmniSource Corp..
The aluminium scrap market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminium Scrap Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminium Scrap Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminium Scrap Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminium Scrap Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminium Scrap Market Size & Forecast, 2018-2028
4.5.1 Aluminium Scrap Market Size and Y-o-Y Growth
4.5.2 Aluminium Scrap Market Absolute $ Opportunity
Chapter 5 Global Aluminium Scrap Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aluminium Scrap Market Size Forecast by Type
5.2.1 Aluminium
5.2.2 AluminiumAlloys
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminium Scrap Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aluminium Scrap Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Construction
6.2.3 Electronics
6.2.4 Industrial Machinery and Equipment
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminium Scrap Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminium Scrap Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aluminium Scrap Analysis and Forecast
9.1 Introduction
9.2 North America Aluminium Scrap Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aluminium Scrap Market Size Forecast by Type
9.6.1 Aluminium
9.6.2 AluminiumAlloys
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aluminium Scrap Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Construction
9.10.3 Electronics
9.10.4 Industrial Machinery and Equipment
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aluminium Scrap Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminium Scrap Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aluminium Scrap Market Size Forecast by Type
10.6.1 Aluminium
10.6.2 AluminiumAlloys
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aluminium Scrap Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Construction
10.10.3 Electronics
10.10.4 Industrial Machinery and Equipment
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aluminium Scrap Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminium Scrap Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aluminium Scrap Market Size Forecast by Type
11.6.1 Aluminium
11.6.2 AluminiumAlloys
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aluminium Scrap Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Construction
11.10.3 Electronics
11.10.4 Industrial Machinery and Equipment
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aluminium Scrap Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminium Scrap Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aluminium Scrap Market Size Forecast by Type
12.6.1 Aluminium
12.6.2 AluminiumAlloys
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aluminium Scrap Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Construction
12.10.3 Electronics
12.10.4 Industrial Machinery and Equipment
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aluminium Scrap Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminium Scrap Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aluminium Scrap Market Size Forecast by Type
13.6.1 Aluminium
13.6.2 AluminiumAlloys
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aluminium Scrap Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Construction
13.10.3 Electronics
13.10.4 Industrial Machinery and Equipment
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminium Scrap Market: Competitive Dashboard
14.2 Global Aluminium Scrap Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OmniSource Corp.
14.3.2 Sims Metal Management
14.3.3 David J. Joseph
14.3.4 Commercial Metals Company
14.3.5 Liberty Iron＆Metal
14.3.6 Kuusakoski
14.3.7 Partners Metal
14.3.8 Crown Industries
14.3.9 Harita Metals Co
14.3.10 ScholzAlu Stockach GmbH
14.3.11 OmniSource Corp.
