Copper Scrap Market Size, Share, and Outlook, 2025 Report- By Feed Material (Old Scrap, New Scrap), By Grade (Bare Bright, 1 Copper Scrap, 2 Copper Scrap, Others), By Application (Wire Rod Mills, Brass Mills, Ingot Makers, Others), By End-User (Building &

Copper Scrap Market Outlook

Copper Scrap Market Size is forecast to reach $86 Billion in 2032 from $53.6 Billion in 2025, at an optimistic growth rate of 6.9% from 2025 to 2032. The robust Copper Scrap Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Copper Scrap Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Feed Material (Old Scrap, New Scrap), By Grade (Bare Bright, 1 Copper Scrap, 2 Copper Scrap, Others), By Application (Wire Rod Mills, Brass Mills, Ingot Makers, Others), By End-User (Building & Construction, Electrical & Electronics, Industrial Machinery & Equipment, Transport Equipment, Consumer & General Products). Over 70 tables and charts showcase findings from our latest survey report on Copper Scrap Markets.

Copper Scrap Market Insights, 2025:

Copper Scrap – Key Drivers and Opportunities

Copper scrap, also known as recycled copper, plays a pivotal role in the copper industry. It is an essential resource for reducing the environmental impact of copper extraction and meeting the growing demand for the metal. The key drivers of the copper scrap market are the increasing demand for copper, growing recycling initiatives, and the focus on circular economy principles.

One of the main factors driving the demand for copper scrap is the rising need for copper in industries such as electric vehicles, renewable energy, and electronics. As these sectors expand, the need for raw copper increases, which in turn drives the demand for recycled copper as a more sustainable and cost-effective alternative to primary copper. Recycled copper accounts for a significant portion of the global copper supply, reducing the need for mining operations and helping to mitigate the environmental impact of copper production.

Furthermore, copper scrap is vital in reducing energy consumption and greenhouse gas emissions compared to the extraction of copper from ore. The recycling of copper requires significantly less energy and water, making it an attractive option for manufacturers aiming to reduce their carbon footprints. This shift towards sustainable practices and the increasing adoption of circular economy models in industries such as construction, automotive, and electronics create substantial opportunities for the copper scrap market.

The growing emphasis on waste management and sustainable recycling practices in developed and developing nations further boosts the demand for copper scrap. As the world moves toward a greener economy, the role of copper scrap will continue to expand, providing economic and environmental benefits while ensuring a stable supply of copper for various industries.

Five Trends that will define global Copper Scrap Market in 2025 and Beyond

A closer look at the multi-million global market for Copper Scrap Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Copper Scrap Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Copper Scrap Industry?

The Copper Scrap Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Copper Scrap Market Segment Insights

The Copper Scrap Industry presents strong offers across categories. The analytical report offers forecasts of Copper Scrap Industry performance across segments and countries. Key segments in the industry include- By Feed Material (Old Scrap, New Scrap), By Grade (Bare Bright, 1 Copper Scrap, 2 Copper Scrap, Others), By Application (Wire Rod Mills, Brass Mills, Ingot Makers, Others), By End-User (Building & Construction, Electrical & Electronics, Industrial Machinery & Equipment, Transport Equipment, Consumer & General Products). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Copper Scrap Market size outlook is provided for 22 countries across these regions.

Copper Scrap Industry Value Chain

The chapter identifies potential companies and their operations across the global Copper Scrap Industry ecosystem. It assists decision-makers in evaluating global Copper Scrap Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Copper Scrap Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Copper Scrap Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Copper Scrap Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Copper Scrap Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Copper Scrap Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Copper Scrap Market Insights- Executives are most excited about opportunities for the US Copper Scrap Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Copper Scrap Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Copper Scrap Market.

Latin American Copper Scrap Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Copper Scrap Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Copper Scrap Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Copper Scrap Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Copper Scrap Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Ames Copper Group, Aurubis AG, Commercial Metals Company, Glencore plc, Global Metals & Iron Inc, JAIN RESOURCE RECYCLING PVT Ltd, KGHM METRACO S.A., OmniSource LLC, Pascha GmbH, Perniagaan Logam Panchavarnam Sdn Bhd, S.I.C. Recycling Inc.

Copper Scrap Market Scope and Segmentation

By Feed Material

Old Scrap

New Scrap

By Grade

Bare Bright

1 Copper Scrap

2 Copper Scrap

Others

By Application

Wire Rod Mills

Brass Mills

Ingot Makers

Others

By End-User

Building & Construction

Electrical & Electronics

Industrial Machinery & Equipment

Transport Equipment

Consumer & General Products

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Copper Scrap Market Research-

Ames Copper Group

Aurubis AG

Commercial Metals Company

Glencore plc

Global Metals & Iron Inc

JAIN RESOURCE RECYCLING PVT Ltd

KGHM METRACO S.A.

OmniSource LLC

Pascha GmbH

Perniagaan Logam Panchavarnam Sdn Bhd

S.I.C. Recycling Inc

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
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• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
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