Recycled Copper Market, By Source (Industrial Scrap and Post-Consumer Scrap), By Application (Building & Construction, Transportation, Electronics, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Recycled Copper Market, By Source (Industrial Scrap and Post-Consumer Scrap), By Application (Building & Construction, Transportation, Electronics, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Global recycled copper market growth is driven by rising environmental concerns and the need for conserving natural resources. Copper is a highly valuable metal that can be recycled indefinitely without loss of quality and performance. Recycling copper helps reduce energy usage and carbon footprint compared to primary copper production from mining. Growing environmental awareness among industries and consumers has spurred demand for recycled copper from various end-use industries like construction, power generation, and transportation. Furthermore, stringent government regulations regarding e-waste disposal and recycling encourages industries to increase the use of recycled copper in their operations.

Market Dynamics

Global recycled copper market growth is driven by factors such as rising environmental awareness, stringent government regulations supporting recycling, and scarcity of natural resources. Growing demand from the construction industry for pipes, cables, and sheets can offer opportunity for market players. However, lack of collection infrastructure in developing nations and fluctuating copper prices can hamper the market growth. The market is witnessing considerable innovation with the development of new technologies to improve copper recycling processes. For example, hydrometallurgical processes help achieve higher metal recovery rates. Growing focus on the circular economy and initiatives like extended producer responsibility can drive the market growth in the near future.

Key features of the study

• This report provides in-depth analysis of the global recycled copper market and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global recycled copper market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Sims Metal Management, Nucor Corporation, Commercial Metals Company (CMC), European Metal Recycling Ltd., Schnitzer Steel Industries, Inc., David J. Joseph Company (DJJ), Recycling Group, OmniSource Corporation, Ferrous Processing & Trading, Metalico, Inc., KWS Environmental, SA Recycling, LLC, BHS (Babcock & Wilcox), Recycled Metal Solutions, Inc., and J.P. Morgan Chase & Co. (Copper trading division)
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global recycled copper market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Market Segmentation

• Source Insights (Revenue, USD Bn, 2019 - 2031)
• Industrial Scrap
• Post-Consumer Scrap
• Application Insights (Revenue, USD Bn, 2019 - 2031)
• Building & Construction
• Transportation
• Electronics
• Others
• Regional Insights (Revenue, USD Bn, 2019 - 2031)
• North America
• U.S.
• Canada
• Latin America
• Brazil
• Argentina
• Mexico
• Rest of Latin America
• Europe
• Germany
• U.K.
• Spain
• France
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• GCC Countries
• Israel
• Rest of Middle East
• Africa
• South Africa
• North Africa
• Central Africa
• Key Players Insights
• Sims Metal Management
• Nucor Corporation
• Commercial Metals Company (CMC)
• European Metal Recycling Ltd.
• Schnitzer Steel Industries, Inc.
• David J. Joseph Company (DJJ)
• Recycling Group
• OmniSource Corporation
• Ferrous Processing & Trading
• Metalico, Inc.
• KWS Environmental
• SA Recycling, LLC
• BHS (Babcock & Wilcox)
• Recycled Metal Solutions, Inc.
• J.P. Morgan Chase & Co. (Copper trading division)