Market Overview:
The global non-ferrous scrap market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for non-ferrous scrap from various end-use industries, such as building & construction, automotive, equipment manufacturing, shipbuilding, consumer appliances and battery. In terms of volume, copper accounted for the majority share in the global non-ferrous scrap market in 2017 and is projected to grow at a CAGR of 5.8% during the forecast period. Aluminum is another major type of non-ferrous metal that is widely used across various industries and accounts for a significant share in the global non-ferrous scrap market.
Product Definition:
Non-Ferrous Scrap is a type of scrap metal that does not contain any iron. Non-Ferrous metals are those that do not corrode easily and include aluminum, brass, copper, lead, and nickel. These metals are often used in manufacturing because they are strong and durable.
Copper:
Copper is a metal and has the symbol Cu. It is soft and ductile with a bright, blue-green color. It has excellent electrical and thermal conductivity, as well as high strength. Copper can be alloyed with various metals to improve their properties; for example, copper-zinc alloys are used in building materials because of their good mechanical strength and corrosion resistance.
Aluminum:
Aluminum is a metal that is obtained from the mineral bauxite. Bauxite contains aluminum along with iron, magnesium, and other metals. It can be processed to produce pure aluminum or it can be used as an alloying agent in various alloys such as casting alloys, structural steel alloys, and others.
Application Insights:
The building and construction segment accounted for a volume share of over 30% in 2016. The growth can be attributed to the increasing demand for steel from the automotive, residential and commercial sectors. In addition, high urbanization rates coupled with rising infrastructure investments are expected to augment industry growth over the forecast period.
The automotive sector is one of the major consumers of ferrous scrap as it is widely used in manufacturing cars, trucks and other vehicles that run on diesel & gasoline engines respectively. Growing sales of passenger cars owing to increasing disposable income levels coupled with growing population has resulted in an increased requirement for raw materials such as aluminum which forms an essential component in vehicle bodies worldwide. This factor is anticipated to drive product demand from 2018 to 2030 further driving overall industry growth during this period.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to low labor cost, availability of cheap raw materials, and easy access to land. China is one of the largest producers as well as consumers in this region due to presence of large scale manufacturers along with huge consumption by domestic manufacturers.
The European market consists mainly of recycled copper scrap generated from energy sector including power plants, industrial plants and other such end-user industries. Europe has stringent regulations on non-ferrous metals scrap especially regarding environment degradation caused during their manufacturing process which acts as a restraining factor for growth in this region Scrap Copper Association (ECOA). However growing environmental concerns are encouraging member states such as Austria, Belgium, Denmark, France Germany Greece Ireland Italy Portugal Spain Sweden UK etc.
Growth Factors:
- Growing urbanization and industrialization in developing countries is expected to drive the demand for non-ferrous scrap over the forecast period.
- Increasing use of non-ferrous metals in automobiles and other transportation sectors is anticipated to propel the market growth.
- Rising demand for lightweight and corrosion resistant materials across various industries is projected to boost the market growth over the next few years.
- Technological advancements in manufacturing processes are likely to create new opportunities for market players over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Ferrous Scrap Market Research Report
By Type
Copper, Aluminum, Lead and Zinc, Nickel, Other
By Application
Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Consumer Appliances, Battery, Packaging, Others
By Companies
Sims Metal Management, OmniSource, European Metal Recycling, Schnitzer Steel Industries, Hanwa, Commercial Metals, Stena Metal International, Yechiu Group, Chiho Environmental Group, Nucor, Cohen, DOWA
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Non-Ferrous Scrap Market Report Segments:
The global Non-Ferrous Scrap market is segmented on the basis of:
Types
Copper, Aluminum, Lead and Zinc, Nickel, Other
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
Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Consumer Appliances, Battery, Packaging, 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:
- Sims Metal Management
- OmniSource
- European Metal Recycling
- Schnitzer Steel Industries
- Hanwa
- Commercial Metals
- Stena Metal International
- Yechiu Group
- Chiho Environmental Group
- Nucor
- Cohen
- DOWA
Highlights of The Non-Ferrous 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:
- Copper
- Aluminum
- Lead and Zinc
- Nickel
- Other
- By Application:
- Building & Construction
- Automotive
- Equipment Manufacturing
- Shipbuilding
- Consumer Appliances
- Battery
- Packaging
- 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 Non-Ferrous 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?
Non-ferrous scrap is any metal that is not a ferrous metal. Non-ferrous metals can include aluminum, brass, copper, lead, and silver.
Some of the key players operating in the non-ferrous scrap market are Sims Metal Management, OmniSource, European Metal Recycling, Schnitzer Steel Industries, Hanwa, Commercial Metals, Stena Metal International, Yechiu Group, Chiho Environmental Group, Nucor, Cohen, DOWA.
The non-ferrous scrap market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-Ferrous Scrap Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Non-Ferrous Scrap Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Non-Ferrous Scrap Market - Supply Chain
4.5. Global Non-Ferrous Scrap Market Forecast
4.5.1. Non-Ferrous Scrap Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-Ferrous Scrap Market Size (000 Units) and Y-o-Y Growth
4.5.3. Non-Ferrous Scrap Market Absolute $ Opportunity
5. Global Non-Ferrous Scrap Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Non-Ferrous Scrap Market Size and Volume Forecast by Type
5.3.1. Copper
5.3.2. Aluminum
5.3.3. Lead and Zinc
5.3.4. Nickel
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Non-Ferrous Scrap Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Non-Ferrous Scrap Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Automotive
6.3.3. Equipment Manufacturing
6.3.4. Shipbuilding
6.3.5. Consumer Appliances
6.3.6. Battery
6.3.7. Packaging
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Non-Ferrous Scrap Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Non-Ferrous Scrap Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Non-Ferrous Scrap Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Non-Ferrous Scrap Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Non-Ferrous Scrap Demand Share Forecast, 2019-2029
9. North America Non-Ferrous Scrap Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Non-Ferrous Scrap Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Non-Ferrous Scrap Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Automotive
9.4.3. Equipment Manufacturing
9.4.4. Shipbuilding
9.4.5. Consumer Appliances
9.4.6. Battery
9.4.7. Packaging
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Non-Ferrous Scrap Market Size and Volume Forecast by Type
9.7.1. Copper
9.7.2. Aluminum
9.7.3. Lead and Zinc
9.7.4. Nickel
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Non-Ferrous Scrap Demand Share Forecast, 2019-2029
10. Latin America Non-Ferrous Scrap Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Non-Ferrous Scrap Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Non-Ferrous Scrap Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Automotive
10.4.3. Equipment Manufacturing
10.4.4. Shipbuilding
10.4.5. Consumer Appliances
10.4.6. Battery
10.4.7. Packaging
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Non-Ferrous Scrap Market Size and Volume Forecast by Type
10.7.1. Copper
10.7.2. Aluminum
10.7.3. Lead and Zinc
10.7.4. Nickel
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Non-Ferrous Scrap Demand Share Forecast, 2019-2029
11. Europe Non-Ferrous Scrap Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Non-Ferrous Scrap Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Non-Ferrous Scrap Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Automotive
11.4.3. Equipment Manufacturing
11.4.4. Shipbuilding
11.4.5. Consumer Appliances
11.4.6. Battery
11.4.7. Packaging
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Non-Ferrous Scrap Market Size and Volume Forecast by Type
11.7.1. Copper
11.7.2. Aluminum
11.7.3. Lead nd Zinc
11.7.4. Nickel
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Non-Ferrous Scrap Demand Share, 2019-2029
12. Asia Pacific Non-Ferrous Scrap Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Non-Ferrous Scrap Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Non-Ferrous Scrap Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Automotive
12.4.3. Equipment Manufacturing
12.4.4. Shipbuilding
12.4.5. Consumer Appliances
12.4.6. Battery
12.4.7. Packaging
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Non-Ferrous Scrap Market Size and Volume Forecast by Type
12.7.1. Copper
12.7.2. Aluminum
12.7.3. Lead and Zinc
12.7.4. Nickel
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Non-Ferrous Scrap Demand Share, 2019-2029
13. Middle East & Africa Non-Ferrous Scrap Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Non-Ferrous Scrap Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Non-Ferrous Scrap Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Automotive
13.4.3. Equipment Manufacturing
13.4.4. Shipbuilding
13.4.5. Consumer Appliances
13.4.6. Battery
13.4.7. Packaging
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Non-Ferrous Scrap Market Size and Volume Forecast by Type
13.7.1. Copper
13.7.2. Aluminum
13.7.3. Lead and Zinc
13.7.4. Nickel
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Non-Ferrous Scrap Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Non-Ferrous Scrap Market: Market Share Analysis
14.2. Non-Ferrous Scrap Distributors and Customers
14.3. Non-Ferrous Scrap Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sims Metal Management
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OmniSource
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. European Metal Recycling
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schnitzer Steel Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hanwa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Commercial Metals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stena Metal International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yechiu Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Chiho Environmental Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nucor
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cohen
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. DOWA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook