Global Aluminium Recycling Market Research Report 2023(Status and Outlook)

Global Aluminium Recycling Market Research Report 2023(Status and Outlook)

Report Overview

Aluminium recycling is the process by which scrap aluminium can be reused in products after its initial production. The process involves simply re-melting the metal, which is far less expensive and energy-intensive than creating new aluminium through the electrolysis of aluminium oxide (Al2O3), which must first be mined from bauxite ore and then refined using the Bayer process.

Global core aluminium recycling manufacturers include Novelis, Norsk Hydro, Real Alloy etc.The top 3 companies hold a share about 20%. Asia-Pacific is the largest market, with a share about 45%, followed by Europe and North America with the share about 24% and 21%.

The Global Aluminium Recycling Market Size was estimated at USD 76990 million in 2022 and is projected to reach USD 90893.75 million by 2029, exhibiting a CAGR of 2.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Aluminium Recycling market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Aluminium Recycling Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Aluminium Recycling market in any manner.

Global Aluminium Recycling Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Novelis

Norsk Hydro

Real Alloy

Sigma Group

Constellium

UACJ

Ye Chiu

Raffmetal

Matalco

Kobe Steel

Kaiser Aluminum

Delta Aluminium Industry

Zhejiang Wantai Aluminium

Assan Alüminyum

Hebei Sitong New Metal Material

Chongqing Shunbo Aluminum

Huajin Aluminum

Market Segmentation (by Type)

Aluminum Ingot

Aluminium Flat Rolled Products

Others

Market Segmentation (by Application)

Food & Beverage

Electronics

Pharmaceuticals

Oil & Gas

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Aluminium Recycling Market

Overview of the regional outlook of the Aluminium Recycling Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors