Global Recycled Metals Market Growth 2025-2031

Global Recycled Metals Market Growth 2025-2031

The global Recycled Metals market size is predicted to grow from US$ 331 million in 2025 to US$ 398 million in 2031; it is expected to grow at a CAGR of 3.1% from 2025 to 2031.

Recycled Metals is Metals are valuable materials that can be recycled again and again without degrading their properties. Metals can be classified as ferrous and non-ferrous. Ferrous metals are combinations of iron with carbon. Some common ferrous metals include carbon steel, alloy steel, wrought iron, and cast iron. Non-ferrous metals product segment includes metals such as aluminum, copper, zinc, nickel, and lead.

Global Recycled Metals key players include Sims Metal Management, European Metal Recycling, Omnisource, etc. Global top three manufacturers hold a share over 3%.

Asia-Pacific is the largest market, with a share about 50%, followed by Europe, and North America, both have a share about 30 percent.

In terms of product, Ferrous is the largest segment, with a share nearly 90%. And in terms of application, the largest application is Building and Construction, followed by Equipment Manufacturing, Automotive, Shipbuilding, etc.

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

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

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

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

Segmentation by Type:
Ferrous
Non-Ferrous

Segmentation by Application:
Building and Construction
Automotive
Equipment Manufacturing
Shipbuilding
Consumer Appliances
Battery
Packaging
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.
Sims Metal Management
European Metal Recycling
Omnisource
Schnitzer Steel Industries
Baosteel
Commercial Metals
Calgary Metal Recycling
DOWA
BOMET Recycling

Key Questions Addressed in this Report

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

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

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

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

How does Recycled Metals break out by Type, by Application?

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