Global Aluminium Recycling Market Growth 2023-2029

Global Aluminium Recycling Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Aluminium Recycling Industry Forecast” looks at past sales and reviews total world Aluminium Recycling sales in 2022, providing a comprehensive analysis by region and market sector of projected Aluminium Recycling sales for 2023 through 2029. With Aluminium Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aluminium Recycling industry.
This Insight Report provides a comprehensive analysis of the global Aluminium Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aluminium Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aluminium Recycling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aluminium Recycling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aluminium Recycling.
The global Aluminium Recycling market size is projected to grow from US$ 95020 million in 2022 to US$ 95300 million in 2029; it is expected to grow at a CAGR of 95300 from 2023 to 2029.
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 Americas and Europe with the share about 24% and 21%.In terms of product, aluminium flat rolled products is the largest segment, with a share over 50%. And in terms of application, the largest application is construction, followed by transportation.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminium Recycling market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Aluminum Ingot
Aluminium Flat Rolled Products
Others
Segmentation by application
Transportation Industry
Packaging
Construction
Electronics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aluminium Recycling market?
What factors are driving Aluminium Recycling market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aluminium Recycling market opportunities vary by end market size?
How does Aluminium Recycling break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.