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Global Aluminum Scrap Recycling Market 2017-2021

Global Aluminum Scrap Recycling Market 2017-2021

About Aluminum Scrap Recycling

Aluminum scrap recycling refers to the process by which aluminum scrap is recycled for reuse in applications and products. The process of recycling of aluminum scrap involves remelting of aluminum scrap to produce secondary aluminum. Aluminum is the second most abundant element available in the Earth's crust after silicon. It is being produced for over a century for commercial uses. Aluminum weighs about a third as much as steel or copper and facilitates malleability and ductility. It can also be easily cast and machined. The metal also demonstrates high corrosion resistance property and has proved as an essential element in almost all sectors of the economy globally. Some of the crucial applications of aluminum include railcars, marine vessels, airplanes, trucks, consumer durables, machinery, and packaging.

Technavio’s analysts forecast the global Aluminum Scrap Recycling market to grow at a CAGR of 7.59% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global aluminum scrap recycling market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Aluminum Scrap Recycling Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • China Metal recycling
  • Glencore
  • Hindalco Industries
  • KuusaKoski
  • Sims Metal Management
Other prominent vendors
  • Guidetti
  • REDOMA Recycling
  • TOMRA Sorting Solutions
Market driver
  • Energy and environmental factors
  • For a full, detailed list, view our report
Market challenge
  • Decrease in recycling rate of used beverage cans
  • For a full, detailed list, view our report
Market trend
  • Technological advances: LIBS and solid state recycling
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Aluminum Scrap Recycling Market 2017-2021
Technavio recognizes the following companies as the key players in the global aluminum scrap recycling market: China Metal recycling, Glencore, Hindalco Industries, KuusaKoski, and Sims Metal Management.
Other Prominent Vendors in the market are: Guidetti, REDOMA Recycling, and TOMRA Sorting Solutions.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is technological advances: libs and solid state recycling. Concerns regarding global warming have necessitated the need for recycling aluminum scrap. The recycling of aluminum scrap consumes less energy when compared with the extraction of primary aluminum. To increase the extent of recycling of aluminum, newly developed technologies, including and solid state recycling and laser induced breakdown spectroscopy are being employed.”
According to the report, one of the major drivers for this market is energy and environmental factors. The increasing preference toward aluminum scrap recycling for extracting primary aluminum has fueled the global aluminum scrap recycling market. The reduced energy consumption in the recycling process is one of the notable factors that are advantageous for the recycling of aluminum scrap. The recycling process of aluminum scrap reduces energy consumption by about 95%. Furthermore, the process helps to conserve natural resources, including bauxite, when compared with the production of aluminum from raw materials. In addition to reducing energy consumption, the recycling of aluminum scrap reduces landfill waste.
Further, the report states that one of the major factors hindering the growth of this market is decrease in recycling rate of used beverage cans. The aluminum cans market, especially in North America, is facing a challenge of declining beverage can stock market. In 2015, the beverage can stock market was 1.74 million metric tons when compared with 1.98 million metric tons in 2005. The decline in the consumption of carbonated soft drinks has a significant impact on the market. Individuals in North America have become health conscious and are preferring water and iced tea over carbonated soft drinks.


Companies Mentioned

China Metal recycling, Glencore, Hindalco Industries, KuusaKoski, Sims Metal Management, Guidetti, REDOMA Recycling, and TOMRA Sorting Solutions.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Overview
      • Table Global aluminum scrap recycling market 2016
      • Table Scrap generation by industry 2015
      • Table Aluminum content in a car 2015 (total: 150 kg to 160 kg)
      • Table Value chain of aluminum industry
      • Table Scrap recycling of aluminum products
  • Market landscape
    • Overview: Global aluminum scrap recycling market
      • Table Global aluminum scrap recycling market segmentation
    • Market size and forecast
      • Table Global aluminum scrap recycling market 2016-2021 (million metric tons)
      • Table Market forecast: Global aluminum scrap recycling market 2016-2021
      • Table Global annual recycling rates by major regions
      • Table Global annual recycling rates by major types
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end user
    • Overview: Global aluminum scrap recycling market by end user
      • Table Global aluminum scrap recycling market by end user 2016 and 2021
      • Table Global aluminum scrap recycling market by end user 2016 and 2021 (million metric tons)
    • Global aluminum scrap recycling market for secondary smelting
      • Table Global aluminum scrap recycling market for secondary smelting 2016 and 2021 (million metric
      • Table Market forecast: Global aluminum scrap recycling market for secondary smelting 2016-2021
      • Table Flow of scrap (source to remelters)
    • Global aluminum scrap recycling market for downstream
      • Table Global aluminum scrap recycling market for downstream 2016 and 2021 (million metric tons)
      • Table Market forecast: Global aluminum scrap recycling market for downstream 2016- 2021
  • Geographic segmentation
    • Overview: Aluminum scrap recycling market by geography
      • Table Aluminum scrap recycling market by geography 2016 and 2021
      • Table Aluminum scrap recycling market by geography 2016 and 2021 (million metric tons)
    • Aluminum scrap recycling market in APAC
      • Table Aluminum scrap recycling market in APAC 2016 and 2021 (million metric tons)
      • Table Market forecast: Aluminum scrap recycling market in APAC 2016-2021
    • Aluminum scrap recycling market in Americas
      • Table Aluminum scrap recycling market in Americas 2016 and 2021 (million metric tons)
      • Table Market forecast: Aluminum scrap recycling market in Americas 2016-2021
    • Aluminum scrap recycling market in EMEA
      • Table Aluminum scrap recycling market in EMEA 2016 and 2021 (million metric tons)
      • Table Market forecast: Aluminum scrap recycling market in EMEA 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Average lifespan of aluminum products (years)
    • Impact of drivers on key regions
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key regions
      • Table Impact of challenges
  • Market trends
    • Technological advances: LIBS and solid state recycling
    • Advances in furnaces used for aluminum scrap recycling
    • Increase in number of secondary aluminum production facilities
    • Alloys designed with a focus on recycling
  • Vendor landscape
    • Competitive scenario
      • Table Number of recycling plants by region 2014
    • Other prominent vendors
  • Key vendor analysis
    • China Metal Recycling
    • Glencore
      • Table Glencore: Business segmentation by revenue 2016
      • Table Glencore: Geographic segmentation by revenue 2016
    • Hindalco Industries
      • Table Hindalco Industries: Business segmentation by revenue 2015
    • Kuusakoski
      • Table Kuusakoski: Business segmentation by revenue 2016
      • Table Kuusakoski: Geographic segmentation by revenue 2016
    • Sims Metal Management
      • Table Sims Metal Management: Business segmentation by revenue 2016
      • Table Sims Metal Management: Geographic segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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