Global Non-Ferrous Scrap Market Growth (Status and Outlook) 2025-2031

Global Non-Ferrous Scrap Market Growth (Status and Outlook) 2025-2031

The global Non-Ferrous Scrap market size is predicted to grow from US$ 139750 million in 2025 to US$ 190410 million in 2031; it is expected to grow at a CAGR of 5.3% from 2025 to 2031.

Non-ferrous metal scrap recycling refers to the process of recycling, purifying and reusing scrap or expired materials containing precious metals such as gold, silver, platinum, palladium, rhodium and other non-ferrous metals (such as copper, aluminum, lead, zinc, nickel, etc.) through professional institutions and professional technologies. Non-ferrous metal scrap refers to materials that have completed their service life or no longer meet the original use requirements during the production and consumption of non-ferrous metals and their alloy products. These scraps include scraps, cut heads, tails, waste products in the production process, and non-ferrous metal parts and materials discarded after consumption. Non-ferrous metal scraps can be re-refined into non-ferrous metals or their alloys through recycling, classification, pretreatment and smelting processes. This process is called recycled non-ferrous metal production. Recycled non-ferrous metals are similar to primary metals in performance, but the energy consumption and pollution in the production process are much lower than those of primary metal production, so they have important environmental and economic benefits.

The global non-ferrous metal scrap market shows a steady growth trend. With the advancement of industrialization and urbanization, the consumption of non-ferrous metals continues to increase, and the recycling rate of scrap metals is also gradually increasing. From the perspective of geographical distribution, the Asia-Pacific region is the main consumer region of the global non-ferrous metal scrap market, and its market size accounts for the largest proportion. Europe and North America are also important market areas with advanced recycling technology and a complete recycling system.

With the improvement of global environmental awareness and the popularization of the concept of sustainable development, governments of various countries have introduced relevant policies to encourage the recycling of scrap metals. These policies not only promote the development of the non-ferrous metal scrap recycling industry, but also improve resource utilization efficiency and reduce environmental pollution.

With the rapid development of high-tech industries such as new energy vehicles, aerospace, and electronic information, the demand for non-ferrous metals continues to increase. These industries have a large demand for high-performance and high-quality non-ferrous metal materials, providing a broad market space for the production of recycled non-ferrous metals.

With the continuous expansion of the market and the continuous advancement of technology, the competition in the non-ferrous metal scrap recycling industry is becoming increasingly fierce. Enterprises need to continuously improve their technical level and management capabilities to meet the challenges of market competition. But despite the fierce competition, the non-ferrous metal scrap recycling industry still faces huge development opportunities. On the one hand, with the improvement of global environmental awareness and the popularization of the concept of sustainable development, the recycling of scrap metals will receive more attention and support; on the other hand, with the rapid development of new energy, new materials and other industries and the continuous innovation of technology, the non-ferrous metal waste recycling industry will usher in more development opportunities and market space.

LPI (LP Information)' newest research report, the “Non-Ferrous Scrap Industry Forecast” looks at past sales and reviews total world Non-Ferrous Scrap sales in 2024, providing a comprehensive analysis by region and market sector of projected Non-Ferrous Scrap sales for 2025 through 2031. With Non-Ferrous Scrap sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-Ferrous Scrap industry.

This Insight Report provides a comprehensive analysis of the global Non-Ferrous Scrap landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Non-Ferrous Scrap portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-Ferrous Scrap market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-Ferrous Scrap 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 Non-Ferrous Scrap.

This report presents a comprehensive overview, market shares, and growth opportunities of Non-Ferrous Scrap market by product type, application, key players and key regions and countries.

Segmentation by Type:
Copper
Aluminum
Lead and Zinc
Nickel
Others

Segmentation by Application:
Battery
Packaging
Automotive
Shipbuilding
Consumer Appliances
Building & Construction
Equipment Manufacturing
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.
Sims Metal Management
OmniSource
European Metal Recycling
Radius Recycling
Hanwa
Commercial Metals
Stena Metal International
Yechiu Group
Chiho Environmental Group
Nucor
Cohen
DOWA
Aurubis
HKS Metals
Jansen Recycling Group
Kuusakoski
Reukema

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