Global Recycled Aluminium Market Growth 2023-2029

Global Recycled Aluminium 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.

Figure 1: Recycled Aluminium Picture

LPI (LP Information)' newest research report, the “Recycled Aluminium Industry Forecast” looks at past sales and reviews total world Recycled Aluminium sales in 2022, providing a comprehensive analysis by region and market sector of projected Recycled Aluminium sales for 2023 through 2029. With Recycled Aluminium sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recycled Aluminium industry.

This Insight Report provides a comprehensive analysis of the global Recycled Aluminium 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 Recycled Aluminium portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Recycled Aluminium market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recycled Aluminium 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 Recycled Aluminium.

The global Recycled Aluminium 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 key players of recycled aluminium include Novelis, Norsk Hydro, UACJ, etc. Asia-Pacific is the largest producer of recycled aluminium, holds a share about 50%, followed by America, and Europe. In terms of product, aluminum ingot is the largest segment, with a share about 50%. And in terms of application, the largest segment is construction industrial, with a share about 30%.

This report presents a comprehensive overview, market shares, and growth opportunities of Recycled Aluminium market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Aluminum Ingot
Aluminium Flat Rolled Products

Segmentation by application
Transportation Industrial
Packaging Industrial
Construction Industrial
Electronics Industrial
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
UACJ
Constellium
Hebei Sitong New Metal Material
Matalco
Sigma Group
Chongqing Shunbo Aluminum
Huajin Aluminum
Ye Chiu
Raffmetal
Kaiser Aluminum
Zhejiang Wantai Aluminium
Kobe Steel
Delta Aluminium Industry

Key Questions Addressed in this Report

What is the 10-year outlook for the global Recycled Aluminium market?

What factors are driving Recycled Aluminium market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Recycled Aluminium market opportunities vary by end market size?

How does Recycled Aluminium 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.