Aluminum Scrap Recycling Market by Product (Aluminium Foil Scrap, Aluminum Ingot Scrap), Scrap Type (New Scrap, Old Scrap), End-User - Global Forecast 2023-2030
The Aluminum Scrap Recycling Market is projected to reach USD 11.46 billion by 2030 from USD 5.64 billion in 2022, at a CAGR of 9.26% during the forecast period.
Market Segmentation & Coverage:This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Aluminum Scrap Recycling Market.
- Based on Product, market is studied across Aluminium Foil Scrap and Aluminum Ingot Scrap. The Aluminum Ingot Scrap commanded largest market share of 25.12% in 2022, followed by Aluminium Foil Scrap.
- Based on Scrap Type, market is studied across New Scrap and Old Scrap. The Old Scrap commanded largest market share of 54.92% in 2022, followed by New Scrap.
- Based on End-User, market is studied across Automotive, Building & Construction, Consumer Appliances, Electronics, and Machinery & Equipment Packaging. The Building & Construction commanded largest market share of 33.78% in 2022, followed by Machinery & Equipment Packaging.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.16% in 2022, followed by Asia-Pacific.
Market Statistics:The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:The FPNV Positioning Matrix is an indispensable tool for assessing the Aluminum Scrap Recycling Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:The Market Share Analysis offers invaluable insights into the vendor landscape Aluminum Scrap Recycling Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:The report delves into recent significant developments in the Aluminum Scrap Recycling Market, highlighting leading vendors and their innovative profiles. These include Alcoa Corporation, Andritz AG, Arfin India Limited, Audubon Metals LLC, CASS, Inc., Commercial Metals Company, Constellium SE, Continental Recycling, Crestwood Metal Corp., Eldan Recycling A/S, European Metal Recycling Limited, GLE Scrap Metal (GLE), Hindalco Industries Limited, Hulamin Limited, Kuusakoski Oy, Matalco Inc., Metal Exchange Corporation, Metalco Scrap Trading, Norsk Hydro ASA, Nupur Recyclers Limited, OmniSource, LLC, Palco Recycle Industries Limited, Prime Materials Recovery Inc., Real Alloy Recycling, LLC, Remondis SE & Co. KG, Rio Tinto PLC, Scepter Group, Schnitzer Steel Industries, Inc., Sims Limited, Smelter Service Corporation, Tom Martin & Company, TOMRA Systems ASA, Tri-Arrows Aluminum Inc., TRIMET SE, and Wise Services & Recycling, LLC.
The report offers valuable insights on the following aspects:- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:- What is the market size and forecast for the Aluminum Scrap Recycling Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Aluminum Scrap Recycling Market?
- What is the competitive strategic window for identifying opportunities in the Aluminum Scrap Recycling Market?
- What are the latest technology trends and regulatory frameworks in the Aluminum Scrap Recycling Market?
- What is the market share of the leading vendors in the Aluminum Scrap Recycling Market?
- Which modes and strategic moves are suitable for entering the Aluminum Scrap Recycling Market?
Note: PDF & Excel + Online Access - 1 Year