Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Recycled Metal Market by Type (Ferrous, Non-ferrous), By Application (Building & Construction, Automotive, Electrical & Electronics, Shipbuilding, Industrial Machinery) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Recycled Metal Market by Type (Ferrous, Non-ferrous), By Application (Building & Construction, Automotive, Electrical & Electronics, Shipbuilding, Industrial Machinery) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137262 3300 Chemical & Material 377 231 Pages 4.6 (43)

Market Overview:

The global recycled metal 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 recycled metals from various end-use industries, such as building & construction, automotive, electrical & electronics, shipbuilding and industrial machinery. In terms of type, the ferrous segment is expected to dominate the global recycled metal market during the forecast period owing to its high demand from various end-use industries. However, non-ferrous metals are also witnessing a high demand due to their properties such as light weight and corrosion resistance.

Global Recycled Metal Industry Outlook

Product Definition:

The term "recycled metal" is used to describe any metal that has been previously processed and used, then recycled and re-used. Recycled metal can come from a variety of different sources, including scrap metal yards, manufacturing plants, and demolition projects. The most common types of recycled metals are aluminum, steel, copper, brass, and bronze.

There are many benefits to using recycled metals over virgin materials. First and foremost is the environmental benefit - recycling metals reduces the amount of energy needed to produce new metals from scratch. It also reduces pollution and waste production. Additionally, using recycled metals helps preserve natural resources since it takes less energy (and therefore fewer resources) to recycle a material than to extract it from the ground.


Ferrous is a metal that gains its name from the Latin word for iron. It includes metals such as steel, cast iron, and pig iron. The majority of the world's supply of ferrous is produced through two primary sources: (1) direct reduction and (2) electric arc furnaces.


Non-ferrous metals are a part of the category of metals that includes aluminum, copper, lead, zinc and tin. These are generally found in combination with other metals or on their own. Copper is by far the most abundant non-ferrous metal and is widely used in applications such as electrical wiring & plumbing; construction materials (such as pipes); consumer goods (such as kitchenware) and industrial products (such as batteries).

Application Insights:

Building and construction was the largest application segment in 2016, accounting for a share of over 50.0% in terms of volume. The growth can be attributed to increasing demand for steel from the building and construction industry across the globe. Latin America is one of the prominent producers & consumers of building & construction products which contributes to market growth on a global level.

The automotive sector is also likely to witness significant growth owing to rising demand for vehicles across various regions including Asia Pacific, North America, and Europe. Increasing production capacities coupled with growing consumer interest in sports cars, luxury vehicles along with commercial vehicle sales will boost recycled metal consumption in this sector over the forecast period.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Increasing construction spending in these countries coupled with growing automotive production is likely to drive demand for recycled metal products over the coming years.

Europe accounted for a significant share of global revenue in 2017 owing to high recycling rates practiced by various countries such as Austria, Belgium, Germany and Sweden.

Growth Factors:

  • Increasing awareness about the benefits of recycled metal over virgin metal
  • Rising demand for recycled metal in automotive and construction industries
  • Stringent government regulations on waste management and recycling
  • Growing use of recycled metals in green technologies and renewable energy projects
  • Technological advancements that improve the efficiency of recycling processes

Scope Of The Report

Report Attributes

Report Details

Report Title

Recycled Metal Market Research Report

By Type

Ferrous, Non-ferrous

By Application

Building & Construction, Automotive, Electrical & Electronics, Shipbuilding, Industrial Machinery

By Companies

ArcelorMittal (Luxembourg), Sims Metal Management Limited, Nucor Corporation, Commercial Metals Company, Aurubis AG, ...

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Recycled Metal Market Report Segments:

The global Recycled Metal market is segmented on the basis of:


Ferrous, Non-ferrous

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.


Building & Construction, Automotive, Electrical & Electronics, Shipbuilding, Industrial Machinery

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:

  1. ArcelorMittal (Luxembourg)
  2. Sims Metal Management Limited
  3. Nucor Corporation
  4. Commercial Metals Company
  5. Aurubis AG
  6. ...

Global Recycled Metal Market Overview

Highlights of The Recycled Metal Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Ferrous
    2. Non-ferrous
  1. By Application:

    1. Building & Construction
    2. Automotive
    3. Electrical & Electronics
    4. Shipbuilding
    5. Industrial Machinery
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Recycled Metal 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

Global Recycled Metal Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Recycled metal is metal that has been recycled from previously used products. It can be made up of a variety of materials, including aluminum, copper, brass, and steel. Recycled metals are often used in new products or components because they are strong and durable.

Some of the major companies in the recycled metal market are ArcelorMittal (Luxembourg), Sims Metal Management Limited, Nucor Corporation, Commercial Metals Company, Aurubis AG.

The recycled metal market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Recycled Metal 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. Recycled Metal Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Recycled Metal Market - Supply Chain
   4.5. Global Recycled Metal Market Forecast
      4.5.1. Recycled Metal Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Recycled Metal Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Recycled Metal Market Absolute $ Opportunity

5. Global Recycled Metal 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. Recycled Metal Market Size and Volume Forecast by Type
      5.3.1. Ferrous
      5.3.2. Non-ferrous
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Recycled Metal 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. Recycled Metal Market Size and Volume Forecast by Application
      6.3.1. Building & Construction
      6.3.2. Automotive
      6.3.3. Electrical & Electronics
      6.3.4. Shipbuilding
      6.3.5. Industrial Machinery
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Recycled Metal 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. Recycled Metal 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 Recycled Metal 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. Recycled Metal 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 Recycled Metal Demand Share Forecast, 2019-2029

9. North America Recycled Metal 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 Recycled Metal 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 Recycled Metal Market Size and Volume Forecast by Application
      9.4.1. Building & Construction
      9.4.2. Automotive
      9.4.3. Electrical & Electronics
      9.4.4. Shipbuilding
      9.4.5. Industrial Machinery
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Recycled Metal Market Size and Volume Forecast by Type
      9.7.1. Ferrous
      9.7.2. Non-ferrous
   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 Recycled Metal Demand Share Forecast, 2019-2029

10. Latin America Recycled Metal 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 Recycled Metal 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 Recycled Metal Market Size and Volume Forecast by Application
      10.4.1. Building & Construction
      10.4.2. Automotive
      10.4.3. Electrical & Electronics
      10.4.4. Shipbuilding
      10.4.5. Industrial Machinery
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Recycled Metal Market Size and Volume Forecast by Type
      10.7.1. Ferrous
      10.7.2. Non-ferrous
   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 Recycled Metal Demand Share Forecast, 2019-2029

11. Europe Recycled Metal 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 Recycled Metal 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 Recycled Metal Market Size and Volume Forecast by Application
      11.4.1. Building & Construction
      11.4.2. Automotive
      11.4.3. Electrical & Electronics
      11.4.4. Shipbuilding
      11.4.5. Industrial Machinery
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Recycled Metal Market Size and Volume Forecast by Type
      11.7.1. Ferrous
      11.7.2. Non-ferrous
   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 Recycled Metal Demand Share, 2019-2029

12. Asia Pacific Recycled Metal 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 Recycled Metal 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 Recycled Metal Market Size and Volume Forecast by Application
      12.4.1. Building & Construction
      12.4.2. Automotive
      12.4.3. Electrical & Electronics
      12.4.4. Shipbuilding
      12.4.5. Industrial Machinery
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Recycled Metal Market Size and Volume Forecast by Type
      12.7.1. Ferrous
      12.7.2. Non-ferrous
   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 Recycled Metal Demand Share, 2019-2029

13. Middle East & Africa Recycled Metal 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 Recycled Metal 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 Recycled Metal Market Size and Volume Forecast by Application
      13.4.1. Building & Construction
      13.4.2. Automotive
      13.4.3. Electrical & Electronics
      13.4.4. Shipbuilding
      13.4.5. Industrial Machinery
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Recycled Metal Market Size and Volume Forecast by Type
      13.7.1. Ferrous
      13.7.2. Non-ferrous
   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 Recycled Metal Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Recycled Metal Market: Market Share Analysis
   14.2. Recycled Metal Distributors and Customers
   14.3. Recycled Metal Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ArcelorMittal (Luxembourg) Overview Financials Developments Strategic Outlook
      14.4.2. Sims Metal Management Limited Overview Financials Developments Strategic Outlook
      14.4.3. Nucor Corporation Overview Financials Developments Strategic Outlook
      14.4.4. Commercial Metals Company Overview Financials Developments Strategic Outlook
      14.4.5. Aurubis AG Overview Financials Developments Strategic Outlook
      14.4.6. ... Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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