Global Non-Ferrous Scrap Metal Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Non-Ferrous Scrap Metal market size was valued at USD 100970 million in 2023 and is forecast to a readjusted size of USD 120710 million by 2030 with a CAGR of 2.6% during review period.
Aluminum, copper, lead, nickel, tin, and zinc are among the many base metals that are referred in the industry as nonferrous scrap. These materials have a variety of uses and maintain their chemical properties through repeated recycling and reprocessing. This trait makes nonferrous metals infinitely recyclable and important to maintaining sustainability in resource conservation.
Non-Ferrous Scrap can be divided into the following categories: Copper, Aluminum, Lead and Zinc, Nickel, etc. The survey results show that in 2019, Copper accounts for 47.71% and Aluminum accounts for 28.55% of the Non-Ferrous Scrap market.
The downstream applications of Non-Ferrous Scrap waste can be divided into Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Consumer Appliances, Battery, Packaging and so on. According to the survey results, Building & Construction accounted for the largest share of the market in 2019 with 40.74%. In second place was Equipment Manufacturing, with 27.39% in 2019.
Non-Ferrous Scrap industry concentration is low, with a large number of participants.
Asia-Pacific is the world's largest sales market, with an annual output value accounting for 63.5% of the market. Europe and North America followed with 17.91% and 15.59% in 2019, respectively.
The Global Info Research report includes an overview of the development of the Non-Ferrous Scrap Metal industry chain, the market status of Building & Construction (Copper, Aluminum), Automotive (Copper, Aluminum), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Non-Ferrous Scrap Metal.
Regionally, the report analyzes the Non-Ferrous Scrap Metal markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Non-Ferrous Scrap Metal market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Non-Ferrous Scrap Metal market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Non-Ferrous Scrap Metal industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Copper, Aluminum).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Non-Ferrous Scrap Metal market.
Regional Analysis: The report involves examining the Non-Ferrous Scrap Metal market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Non-Ferrous Scrap Metal market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Non-Ferrous Scrap Metal:
Company Analysis: Report covers individual Non-Ferrous Scrap Metal manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Non-Ferrous Scrap Metal This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Building & Construction, Automotive).
Technology Analysis: Report covers specific technologies relevant to Non-Ferrous Scrap Metal. It assesses the current state, advancements, and potential future developments in Non-Ferrous Scrap Metal areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Non-Ferrous Scrap Metal market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Non-Ferrous Scrap Metal market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Copper
Aluminum
Lead and Zinc
Nickel
Other
Market segment by Application
Building & Construction
Automotive
Equipment Manufacturing
Shipbuilding
Consumer Appliances
Battery
Packaging
Others
Major players covered
Sims Metal Management
OmniSource
European Metal Recycling
Schnitzer Steel Industries
Hanwa
Commercial Metals
Stena Metal International
Yechiu Group
Chiho Environmental Group
Nucor
Cohen
DOWA
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Non-Ferrous Scrap Metal product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Non-Ferrous Scrap Metal, with price, sales, revenue and global market share of Non-Ferrous Scrap Metal from 2019 to 2024.
Chapter 3, the Non-Ferrous Scrap Metal competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Non-Ferrous Scrap Metal breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Non-Ferrous Scrap Metal market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Non-Ferrous Scrap Metal.
Chapter 14 and 15, to describe Non-Ferrous Scrap Metal sales channel, distributors, customers, research findings and conclusion.