Global Recycled Aluminum Market Growth 2023-2029

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

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

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

The global Recycled Aluminum market size is projected to grow from US$ 86910 million in 2022 to US$ 90770 million in 2029; it is expected to grow at a CAGR of 90770 from 2023 to 2029.

EGA, Rusal, Norsk Hydro, Yinhai Aluminum, Alcoa and Rio Tinto are the world's leading players. The industry is relatively fragmented and EGA is considered the leader in the global market, with a 5.4% share of production in 2018. Based on the application, Aluminum can be divide into Construction Industry, Foundry Industry, Transportation Industry, Packaging Industry, and Electronics Industry, etc. Construction Industry is the most important application. In 2018, Construction Industry holds 42.76% of the market share.

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

Market Segmentation:

Segmentation by type
Scrap Aluminum
Scrap Aluminum Alloy Material
Other

Segmentation by application
Automotive
Home Appliance
Machinery
Electrical & Electronic

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
Hydro
Keiaisha
Mitsubishi Materials
Sumitomo
Toyota Tsusho
Lizhong Alloy Group
Sigma Brothers
Ye Chiu Group
Soonbest

Key Questions Addressed in this Report

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

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

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

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

How does Recycled Aluminum 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.