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Global Recycled Metals Market Research Report - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2033)

Published Aug 13, 2025
Length 212 Pages
SKU # LOOK20514429

Description

Definition and Scope:

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.

Recycled metals play a vital role in sustainable resource management and help reduce the environmental impact of metal production. As industry and consumers increasingly focus on environmental considerations, demand for recycled metals will continue to grow, helping to achieve a more sustainable and circular economy.

The global Recycled Metals market size is projected to reach US$ 461,782 Million by 2029 from US$ 366,699 million in 2022 at a CAGR of 3.59% during 2023-2029. Rapid growth in the construction industry is key to driving the global Recycled Metals market to new heights strength. The unprecedented pace of urbanization, especially in regions such as Asia Pacific, Latin America, the Middle East and Africa, is driving a surge in urban infrastructure development, requiring a large supply of construction materials, which mainly include metals. At the same time, rapid industrialization in these emerging economies spurred the establishment of manufacturing facilities and industrial parks, requiring large quantities of metals, especially steel.

In addition, many governments are actively embracing the principles of a circular economy and promoting the continuous reuse and reuse of resources, which has led governments around the world to take a more proactive stance in recycling and utilizing recycled metals. The surge in the adoption of metal recycling technologies is also a major catalyst for the expansion of the secondary metals market. Relevant manufacturers are increasingly focusing on metal recycling. Effectively mitigate the impact of resource scarcity by repurposing scrap metal, extending the life of limited resources and ensuring a more sustainable supply. The adoption of recycling technology The huge demand for metals in the automotive industry, lower production costs, stable functions and strength of metals and other factors will also play an important role in promoting the Recycled Metals market.

At the same time, the lack of appropriate government laws in less developed countries, metal theft, lack of consumer knowledge, concerns about reduced natural resource supplies, quality and pollution issues, and disorderly competition will all pose challenges to the development of the Recycled Metals market.

Segment by Type, the Recycled Metals can be split into Ferrous, and Non-Ferrous. The Ferrous category has always occupied the most dominant market position and has occupied 70.02% of the market share in 2022, while the market share of Non-Ferrous is 29.98%. The demand for steel in infrastructure projects, buildings and bridges has resulted in a large supply of black scrap from construction and demolition activities. Ferrous metals such as steel are commonly used in a variety of end-of-life products, including automobiles, appliances and structural components. A wide range of ferrous scrap supply products helps increase the availability of scrap ferrous metal recycling. In addition, ferrous metals have historically enjoyed high recycling rates due to well-established and efficient recycling processes. Steel's magnetism simplifies the sorting and separation process, making recycling of ferrous metal scrap easier. Continuing innovations in steel recycling technology, including electric arc furnaces and advanced crushing technologies, are helping to make ferrous metal recycling more efficient and cost-effective.

Segmented by application, the Recycled Metals can be split into Building and Construction, Automotive, Equipment Manufacturing, Shipbuilding, Consumer Appliances, Battery, Packaging, and Others. Building and Construction and Automotive are the two most important sectors in the market. In 2022, Building and Construction and Automotive should occupy 24.13% and 29.66% of the market share respectively. Ongoing infrastructure development projects across the world, including the construction of buildings, bridges, roads and other public structures, are driving demand for recycled metals in the construction industry. At the same time, an increasing focus on sustainability and environmentally friendly building practices encourages the use of recycled metals. Many construction projects aim to achieve green building certification and promote the integration of recycled materials. For the automotive industry, large amounts of scrap metal are generated through the dismantling and recycling of end-of-life vehicles. End-of-life vehicles contain a variety of metals, including steel, aluminum and copper, which aid in recycling. The increasing use of aluminum in automotive components such as body panels and engine components highlights the importance of recycled aluminum in meeting the industry’s material needs. As well as the construction industry in Yiyang, the automotive industry is actively participating in circular economy initiatives that aim to create material cycles by recycling and reusing materials. This includes incorporating recycled metals into manufacturing supply chains.

On basis of geography, the Recycled Metals market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. In 2022, the Asia-Pacific market dominated the entire market with the highest market share of 56.64% and will expand at the highest growth rate during the forecast period. Strong economic growth in the Asia-Pacific region has driven a boom in the construction industry and also driven significant growth in the automotive industry. In addition, the Asia-Pacific region has become a global manufacturing center, with countries such as China being major contributors. The Asia-Pacific region's overall reliance on metals for various applications, coupled with the emphasis on sustainable practices, has resulted in high demand for recycled metals.

According to our calculations, the concentration of the global Recycled Metals market is very low, and participants are in fierce competition. In 2022, the CR5 and HHI of the global Recycled Metals market will be 10.89% and 0.24% respectively. The recycled metals market involves a wide range of players, including small and large recycling facilities, scrap yards and metal traders. The diversity of market participants has resulted in a fragmented industry structure. The barriers to entry for the recycled metals market are relatively low. This makes it easy for new entrants to join the market, thereby increasing competition. Furthermore, many local and regional players operate in the recycled metals market, leading to its low concentration. These local players typically cater to specific geographic markets, and their collective global presence disperses market concentration. Currently, the major players in the market include Novelis, Sims Limited, Commercial Metals Company, Nucor Corporation, Aurubis AG, Steel Dynamics, Inc, Dowa Holdings, Schnitzer Steel, Norsk Hydro ASA, Chiho Environmental Group, GFG Alliances, Guangdong Feinan Resources Recycling Co ., Ltd, European Metal Recycling, GEM Co., Ltd, Baowu.

This report offers a comprehensive analysis of the global Recycled Metals market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.

Report Framework and Key Highlights:

Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.

Trend Analysis: Examination of ongoing and emerging trends impacting the market.

Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.

Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis

Market Segmentation: By type, application, region, and end-user industry.

Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.

This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:

Industry players

Investors

Researchers

Consultants

Business strategists

And all stakeholders with an interest or investment in the Recycled Metals market.

Global Recycled Metals Market: Segmentation Analysis and Strategic Insights

This section of the report provides an in-depth segmentation analysis of the global Recycled Metals market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.

By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.

Global Recycled Metals Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Companies Profiled

Novelis

Sims Limited

Commercial Metals Company

Nucor Corporation

Aurubis AG

Steel Dynamics, Inc

Dowa Holdings

Schnitzer Steel Industries

Norsk Hydro ASA

Chiho Environmental Group

GFG Alliances

Guangdong Feinan Resources Recycling Co., Ltd

European Metal Recycling

GEM Co.,Ltd

Baowu

Market Segmentation by Type

Ferrous

Non-Ferrous

Market Segmentation by Application

Building and Construction

Automotive

Equipment Manufacturing

Shipbuilding

Consumer Appliances

Battery

Packaging

Other

Geographic Segmentation

North America: United States, Canada, Mexico

Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.

Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand

South America: Brazil, Argentina, Colombia.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA

Report Framework and Chapter Summary

Chapter 1: Report Scope and Market Definition

This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.

Chapter 2: Executive Summary

This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Recycled Metals Market, highlighting its evolution over the short, medium, and long term.

Chapter 3: Market Dynamics and Policy Environment

This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.

Chapter 4: Competitive Landscape

This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.

Chapters 5–10: Regional Market Analysis

These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.

Chapter 11: Market Segmentation by Product Type

This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.

Chapter 12: Market Segmentation by Application

This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.

Chapter 13: Company Profiles

This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.

Chapter 14: Industry Chain and Value Chain Analysis

This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.

Chapter 15: Key Findings and Conclusions

The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.

Table of Contents

212 Pages
1 Introduction to Research & Analysis Reports
1.1 Recycled Metals Market Definition
1.2 Recycled Metals Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
2 Executive Summary
2.1 Global Recycled Metals Market Size
2.2 Market Segmentation – by Type
2.3 Market Segmentation – by Application
2.4 Market Segmentation – by Geography
3 Key Market Trends, Opportunity, Drivers and Restraints
3.1 Key Takeway
3.2 Market Opportunities & Trends
3.3 Market Drivers
3.4 Market Restraints
3.5 Market Major Factor Assessment
4 Global Recycled Metals Market Competitive Landscape
4.1 Global Recycled Metals Sales by Manufacturers (2020-2025)
4.2 Global Recycled Metals Revenue Market Share by Manufacturers (2020-2025)
4.3 Recycled Metals Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.4 New Entrant and Capacity Expansion Plans
4.5 Mergers & Acquisitions
5 Global Recycled Metals Market by Region
5.1 Global Recycled Metals Market Size by Region
5.1.1 Global Recycled Metals Market Size by Region
5.1.2 Global Recycled Metals Market Size Market Share by Region
5.2 Global Recycled Metals Sales by Region
5.2.1 Global Recycled Metals Sales by Region
5.2.2 Global Recycled Metals Sales Market Share by Region
6 North America Market Overview
6.1 North America Recycled Metals Market Size by Country
6.1.1 USA Market Overview
6.1.2 Canada Market Overview
6.1.3 Mexico Market Overview
6.2 North America Recycled Metals Market Size by Type
6.3 North America Recycled Metals Market Size by Application
6.4 Top Players in North America Recycled Metals Market
7 Europe Market Overview
7.1 Europe Recycled Metals Market Size by Country
7.1.1 Germany Market Overview
7.1.2 France Market Overview
7.1.3 U.K. Market Overview
7.1.4 Italy Market Overview
7.1.5 Spain Market Overview
7.1.6 Sweden Market Overview
7.1.7 Denmark Market Overview
7.1.8 Netherlands Market Overview
7.1.9 Switzerland Market Overview
7.1.10 Belgium Market Overview
7.1.11 Russia Market Overview
7.2 Europe Recycled Metals Market Size by Type
7.3 Europe Recycled Metals Market Size by Application
7.4 Top Players in Europe Recycled Metals Market
8 Asia-Pacific Market Overview
8.1 Asia-Pacific Recycled Metals Market Size by Country
8.1.1 China Market Overview
8.1.2 Japan Market Overview
8.1.3 South Korea Market Overview
8.1.4 India Market Overview
8.1.5 Australia Market Overview
8.1.6 Indonesia Market Overview
8.1.7 Malaysia Market Overview
8.1.8 Philippines Market Overview
8.1.9 Singapore Market Overview
8.1.10 Thailand Market Overview
8.1.11 Rest of APAC Market Overview
8.2 Asia-Pacific Recycled Metals Market Size by Type
8.3 Asia-Pacific Recycled Metals Market Size by Application
8.4 Top Players in Asia-Pacific Recycled Metals Market
9 South America Market Overview
9.1 South America Recycled Metals Market Size by Country
9.1.1 Brazil Market Overview
9.1.2 Argentina Market Overview
9.1.3 Columbia Market Overview
9.2 South America Recycled Metals Market Size by Type
9.3 South America Recycled Metals Market Size by Application
9.4 Top Players in South America Recycled Metals Market
10 Middle East and Africa Market Overview
10.1 Middle East and Africa Recycled Metals Market Size by Country
10.1.1 Saudi Arabia Market Overview
10.1.2 UAE Market Overview
10.1.3 Egypt Market Overview
10.1.4 Nigeria Market Overview
10.1.5 South Africa Market Overview
10.2 Middle East and Africa Recycled Metals Market Size by Type
10.3 Middle East and Africa Recycled Metals Market Size by Application
10.4 Top Players in Middle East and Africa Recycled Metals Market
11 Recycled Metals Market Segmentation by Type
11.1 Evaluation Matrix of Segment Market Development Potential (Type)
11.2 Global Recycled Metals Sales Market Share by Type (2020-2033)
11.3 Global Recycled Metals Market Size Market Share by Type (2020-2033)
11.4 Global Recycled Metals Price by Type (2020-2033)
12 Recycled Metals Market Segmentation by Application
12.1 Evaluation Matrix of Segment Market Development Potential (Application)
12.2 Global Recycled Metals Market Sales by Application (2020-2033)
12.3 Global Recycled Metals Market Size (M USD) by Application (2020-2033)
12.4 Global Recycled Metals Sales Growth Rate by Application (2020-2033)
13 Company Profiles
13.1 Novelis
13.1.1 Novelis Company Overview
13.1.2 Novelis Business Overview
13.1.3 Novelis Recycled Metals Major Product Offerings
13.1.4 Novelis Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.1.5 Key News
13.2 Sims Limited
13.2.1 Sims Limited Company Overview
13.2.2 Sims Limited Business Overview
13.2.3 Sims Limited Recycled Metals Major Product Offerings
13.2.4 Sims Limited Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.2.5 Key News
13.3 Commercial Metals Company
13.3.1 Commercial Metals Company Company Overview
13.3.2 Commercial Metals Company Business Overview
13.3.3 Commercial Metals Company Recycled Metals Major Product Offerings
13.3.4 Commercial Metals Company Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.3.5 Key News
13.4 Nucor Corporation
13.4.1 Nucor Corporation Company Overview
13.4.2 Nucor Corporation Business Overview
13.4.3 Nucor Corporation Recycled Metals Major Product Offerings
13.4.4 Nucor Corporation Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.4.5 Key News
13.5 Aurubis AG
13.5.1 Aurubis AG Company Overview
13.5.2 Aurubis AG Business Overview
13.5.3 Aurubis AG Recycled Metals Major Product Offerings
13.5.4 Aurubis AG Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.5.5 Key News
13.6 Steel Dynamics, Inc
13.6.1 Steel Dynamics, Inc Company Overview
13.6.2 Steel Dynamics, Inc Business Overview
13.6.3 Steel Dynamics, Inc Recycled Metals Major Product Offerings
13.6.4 Steel Dynamics, Inc Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.6.5 Key News
13.7 Dowa Holdings
13.7.1 Dowa Holdings Company Overview
13.7.2 Dowa Holdings Business Overview
13.7.3 Dowa Holdings Recycled Metals Major Product Offerings
13.7.4 Dowa Holdings Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.7.5 Key News
13.8 Schnitzer Steel Industries
13.8.1 Schnitzer Steel Industries Company Overview
13.8.2 Schnitzer Steel Industries Business Overview
13.8.3 Schnitzer Steel Industries Recycled Metals Major Product Offerings
13.8.4 Schnitzer Steel Industries Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.8.5 Key News
13.9 Norsk Hydro ASA
13.9.1 Norsk Hydro ASA Company Overview
13.9.2 Norsk Hydro ASA Business Overview
13.9.3 Norsk Hydro ASA Recycled Metals Major Product Offerings
13.9.4 Norsk Hydro ASA Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.9.5 Key News
13.10 Chiho Environmental Group
13.10.1 Chiho Environmental Group Company Overview
13.10.2 Chiho Environmental Group Business Overview
13.10.3 Chiho Environmental Group Recycled Metals Major Product Offerings
13.10.4 Chiho Environmental Group Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.10.5 Key News
13.11 GFG Alliances
13.11.1 GFG Alliances Company Overview
13.11.2 GFG Alliances Business Overview
13.11.3 GFG Alliances Recycled Metals Major Product Offerings
13.11.4 GFG Alliances Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.11.5 Key News
13.12 Guangdong Feinan Resources Recycling Co., Ltd
13.12.1 Guangdong Feinan Resources Recycling Co., Ltd Company Overview
13.12.2 Guangdong Feinan Resources Recycling Co., Ltd Business Overview
13.12.3 Guangdong Feinan Resources Recycling Co., Ltd Recycled Metals Major Product Offerings
13.12.4 Guangdong Feinan Resources Recycling Co., Ltd Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.12.5 Key News
13.13 European Metal Recycling
13.13.1 European Metal Recycling Company Overview
13.13.2 European Metal Recycling Business Overview
13.13.3 European Metal Recycling Recycled Metals Major Product Offerings
13.13.4 European Metal Recycling Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.13.5 Key News
13.14 GEM Co.,Ltd
13.14.1 GEM Co.,Ltd Company Overview
13.14.2 GEM Co.,Ltd Business Overview
13.14.3 GEM Co.,Ltd Recycled Metals Major Product Offerings
13.14.4 GEM Co.,Ltd Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.14.5 Key News
13.15 Baowu
13.15.1 Baowu Company Overview
13.15.2 Baowu Business Overview
13.15.3 Baowu Recycled Metals Major Product Offerings
13.15.4 Baowu Recycled Metals Sales and Revenue fromRecycled Metals (2020-2025)
13.15.5 Key News
14 Key Market Trends, Opportunity, Drivers and Restraints
14.1 Key Takeway
14.2 Market Opportunities & Trends
14.3 Market Drivers
14.4 Market Restraints
14.5 Market Major Factor Assessment
14.6 Porter's Five Forces Analysis of Recycled Metals Market
14.7 PEST Analysis of Recycled Metals Market
15 Analysis of the Recycled Metals Industry Chain
15.1 Overview of the Industry Chain
15.2 Upstream Segment Analysis
15.3 Midstream Segment Analysis
15.3.1 Manufacturing, Processing or Conversion Process Analysis
15.3.2 Key Technology Analysis
15.4 Downstream Segment Analysis
15.4.1 Downstream Customer List and Contact Details
15.4.2 Customer Concerns or Preference Analysis
16 Conclusion
17 Appendix
17.1 Methodology
17.2 Research Process and Data Source
17.3 Disclaimer
17.4 Note
17.5 Examples of Clients
17.6 Disclaimer
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