Global Recycled Aluminum Cans Market Growth 2024-2030
Recycled aluminum cans are a cornerstone of sustainable packaging, offering substantial environmental and economic benefits. Aluminum cans are 100% recyclable, meaning they can be melted down and reformed into new cans repeatedly without degradation of quality. This process saves up to 95% of the energy required to produce new aluminum from raw materials, significantly reducing greenhouse gas emissions. Recycling aluminum cans also helps conserve natural resources and decreases the volume of waste sent to landfills. Economically, the recycling industry for aluminum cans supports jobs and can be a profitable venture due to the high value of scrap aluminum. As consumers and companies increasingly prioritize sustainability, the use of recycled aluminum cans is set to rise, fostering a more circular economy.
The global Recycled Aluminum Cans market size is projected to grow from US$ 3238 million in 2024 to US$ 4571 million in 2030; it is expected to grow at a CAGR of 5.9% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Recycled Aluminum Cans Industry Forecast” looks at past sales and reviews total world Recycled Aluminum Cans sales in 2023, providing a comprehensive analysis by region and market sector of projected Recycled Aluminum Cans sales for 2024 through 2030. With Recycled Aluminum Cans sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recycled Aluminum Cans industry.
This Insight Report provides a comprehensive analysis of the global Recycled Aluminum Cans 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 Aluminum Cans portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Recycled Aluminum Cans market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recycled Aluminum Cans 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 Aluminum Cans.
United States market for Recycled Aluminum Cans is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Recycled Aluminum Cans is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Recycled Aluminum Cans is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Recycled Aluminum Cans players cover Novelis, Constellium, Norsk Hydro, Rio Tinto, Speira, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Recycled Aluminum Cans market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Less 7 Microns
7-10 Microns
11-18 Microns
Above 18 Microns
Segmentation by Application:
Food & Beverages
Pharmaceuticals
Personal Care & Cosmetics
Other
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 analysing the company's coverage, product portfolio, its market penetration.
Novelis
Constellium
Norsk Hydro
Rio Tinto
Speira
AMAG Austria Metall AG
Ball Corporation
TRIMET Aluminium
Rusal
Arconic
Key Questions Addressed in this Report
What is the 10-year outlook for the global Recycled Aluminum Cans market?
What factors are driving Recycled Aluminum Cans market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Recycled Aluminum Cans market opportunities vary by end market size?
How does Recycled Aluminum Cans break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.