Nonferrous Metal Recycling Market Forecasts to 2032 - Global Analysis By Metal Type (Aluminum, Copper, Lead, Zinc, Nickel, and Other Metal Types), Scrap Type (New Scrap (Manufacturing Waste), and Old Scrap (Post-Consumer Waste)), Source of Scrap, Recyclin

According to Stratistics MRC, the Global Intumescent Coatings Market is accounted for $1.2 billion in 2025 and is expected to reach $1.7 billion by 2032 growing at a CAGR of 5.6% during the forecast period. Intumescent coatings are passive fire protection materials that expand when exposed to high temperatures, forming an insulating char layer. This layer delays heat transfer, protecting structural elements like steel, wood, or concrete from fire damage. Commonly used in construction and industrial settings, these coatings enhance safety by maintaining structural integrity during a fire, allowing more time for evacuation and firefighting efforts. They are applied as paint-like substances and activate at specific temperatures.

Market Dynamics:

Driver:

Growth in construction and infrastructure development

Due to rapid urbanization, particularly in emerging economies, there is a heightened demand for advanced fire protection solutions in commercial, residential, and industrial structures. Furthermore, stricter building codes and a growing emphasis on occupant safety have led to the widespread adoption of intumescent coatings, which provide passive fire protection by insulating structural materials during fire incidents. This trend is further supported by investments in modernizing existing infrastructure and the proliferation of high-rise buildings, ensuring sustained market growth.

Restraint:

Long application and curing times

Extended drying and curing periods can delay construction or renovation schedules, leading to increased project costs and logistical challenges. Moreover, the need for specialized labor and controlled environmental conditions during application further complicates project timelines. These factors can deter end-users from selecting intumescent coatings, especially when faster alternatives are available, thereby restraining the market’s growth potential despite the coatings' proven fire protection benefits.

Opportunity:

Integration with smart fire detection systems

By combining passive fire protection with real-time monitoring and automated response technologies, manufacturers can offer comprehensive safety solutions that enhance both building resilience and occupant protection. Additionally, this synergy addresses the evolving needs of modern infrastructure, where digitalization and intelligent systems are increasingly prioritized. Such innovations improve operational efficiency but also align with the growing trend toward smart buildings, opening new avenues for the adoption of advanced intumescent coatings.

Threat:

Volatile organic compound (VOC) regulations

Many traditional formulations contain high levels of VOCs, which are increasingly restricted due to their environmental and health impacts. Compliance with these evolving standards necessitates significant investment in research and development to create low-VOC or water-based alternatives. Furthermore, manufacturers face challenges in maintaining product performance while adhering to regulatory limits, potentially increasing production costs and limiting market accessibility for non-compliant products.

Covid-19 Impact:

The Covid-19 pandemic had a considerable negative impact on the intumescent coatings market. Lockdowns, travel restrictions, and workforce shortages disrupted global supply chains, causing delays in the production and delivery of both raw materials and finished products. Construction activities were postponed or halted due to social distancing measures and economic uncertainty, resulting in reduced demand for intumescent coatings. However, as restrictions eased and infrastructure projects resumed, the market began to recover, supported by renewed investments and the implementation of enhanced safety protocols.

The thin-film segment is expected to be the largest during the forecast period

The thin-film segment is expected to account for the largest market share during the forecast period. Thin-film intumescent coatings are widely used in the building and construction industry, particularly for the passive fire protection of structural steel. Their popularity stems from their ability to provide effective fire resistance while maintaining a minimal profile, which is crucial in commercial and transportation projects where space and weight are at a premium. Additionally, advancements in thin-film technology have improved application efficiency and aesthetic integration, further driving their adoption across diverse end-use sectors.

The water-based segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the water-based segment is predicted to witness the highest growth rate due to their low VOC emissions, environmental friendliness, and compliance with stringent regulatory standards. Moreover, ongoing technological advancements have enhanced their fire protection capabilities and durability, making them a preferred choice for sustainable construction practices. As green building certifications and eco-friendly materials become more prominent, the demand for water-based intumescent coatings is set to accelerate.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share. This dominance is driven by robust construction activity, rapid urbanization, and significant investments in infrastructure development across countries like China and India. Additionally, the presence of numerous end-user industries, easy access to raw materials, and comparatively lenient VOC regulations have contributed to the region’s leadership.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR. The region’s exceptional growth trajectory is underpinned by ongoing industrialization, urban expansion, and the implementation of stricter fire safety regulations. Furthermore, increasing awareness of fire protection solutions and the adoption of advanced, eco-friendly coatings support this rapid growth. The surge in construction of high-rise buildings and infrastructure projects, coupled with government initiatives to enhance safety standards, positions Asia Pacific as the fastest growing market.

Key players in the market

Some of the key players in Intumescent Coatings Market include Sherwin-Williams Company, PPG Industries Inc., AkzoNobel NV, Jotun Group, Hempel A/S, BASF SE, Carboline, 3M, Contego International Inc., Isolatek International, Albi Protective Coating, No-Burn Inc., RPM International Inc., Tremco Illbruck and Sika AG.

Key Developments:

In April 2025, Materials Performance (MP) magazine honored Sherwin-Williams Protective & Marine with a 2025 MP Corrosion Innovation of the Year Award for its Heat-Flex® CUI-mitigation coatings during the 2025 Association for Materials Protection and Performance (AMPP) Annual Conference + Expo. Recognized by a panel of industry experts, the annual award spotlights cutting-edge technologies that significantly advance corrosion control and asset protection on a global scale.

In September 2024, PPG announced the launch of PPG STEELGUARD® 951 epoxy intumescent fire protection coating in the Americas. This innovative product is designed for advanced manufacturing facilities, including semiconductor plants, electric vehicle battery facilities, data centers and other commercial infrastructure. After a successful launch in Europe and the Middle East, PPG Steelguard 951 coating is now available in North and Latin America.

Types Covered:
• Thin-Film
• Thick-Film

Substrates Covered:
• Structural Steel & Cast Iron
• Wood & Timber
• Concrete
• Cables & Pipelines
• Other Substrates

Formulation Bases Covered:
• Epoxy-Based
• Acrylic-Based
• Polyurethane-Based

Technologies Covered:
• Epoxy-Based
• Acrylic-Based
• Polyurethane-Based

Applications Covered:
• Spray
• Brush/Roller

End Users Covered:
• Building & Construction
• Oil & Gas
• Automotive
• Aerospace
• Marine
• Electrical & Electronics
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Nonferrous Metal Recycling Market, By Metal Type
5.1 Introduction
5.2 Aluminum
5.3 Copper
5.4 Lead
5.5 Zinc
5.6 Nickel
5.7 Other Metal Types
6 Global Nonferrous Metal Recycling Market, By Scrap Type
6.1 Introduction
6.2 New Scrap (Manufacturing Waste)
6.3 Old Scrap (Post-Consumer Waste)
7 Global Nonferrous Metal Recycling Market, By Source of Scrap
7.1 Introduction
7.2 Manufacturing & Fabrication Industries
7.3 Construction & Demolition (C&D) Waste
7.4 End-of-Life Vehicles (ELV) / Automotive Scrap
7.5 Waste Electrical and Electronic Equipment (WEEE) / E-waste
7.6 Other Post-Consumer Products
8 Global Nonferrous Metal Recycling Market, By Recycling Method
8.1 Introduction
8.2 Physical Recycling
8.3 Thermal Recycling
8.4 Chemical Recycling
8.5 Electrochemical Recycling
9 Global Nonferrous Metal Recycling Market, By End User
9.1 Introduction
9.2 Automotive & Transportation
9.3 Building & Construction
9.4 Electrical & Electronics
9.5 Industrial Machinery
9.6 Consumer Appliances & Goods
9.7 Packaging
9.8 Energy & Power
9.9 Aerospace & Defense
9.10 Other End Users
10 Global Nonferrous Metal Recycling Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Sims Limited
12.2 Aurubis AG
12.3 Umicore NV
12.4 Novelis Inc.
12.5 Glencore plc
12.6 European Metal Recycling (EMR)
12.7 Dowa Holdings Co., Ltd.
12.8 OmniSource Corporation
12.9 SA Recycling LLC
12.10 Commercial Metals Company (CMC)
12.11 Nucor Corporation
12.12 Metallo-Chimique
12.13 Jintian Copper (Ningbo Jintian Copper Group Co., Ltd.)
12.14 Sungho Group
12.15 Toho Zinc Co., Ltd.
12.16 Scholz Recycling GmbH
12.17 Radius Recycling
12.18 Gravita India Ltd.
List of Tables
1 Global Nonferrous Metal Recycling Market Outlook, By Region (2024-2032) ($MN)
2 Global Nonferrous Metal Recycling Market Outlook, By Metal Type (2024-2032) ($MN)
3 Global Nonferrous Metal Recycling Market Outlook, By Aluminum (2024-2032) ($MN)
4 Global Nonferrous Metal Recycling Market Outlook, By Copper (2024-2032) ($MN)
5 Global Nonferrous Metal Recycling Market Outlook, By Lead (2024-2032) ($MN)
6 Global Nonferrous Metal Recycling Market Outlook, By Zinc (2024-2032) ($MN)
7 Global Nonferrous Metal Recycling Market Outlook, By Nickel (2024-2032) ($MN)
8 Global Nonferrous Metal Recycling Market Outlook, By Other Metal Types (2024-2032) ($MN)
9 Global Nonferrous Metal Recycling Market Outlook, By Scrap Type (2024-2032) ($MN)
10 Global Nonferrous Metal Recycling Market Outlook, By New Scrap (Manufacturing Waste) (2024-2032) ($MN)
11 Global Nonferrous Metal Recycling Market Outlook, By Old Scrap (Post-Consumer Waste) (2024-2032) ($MN)
12 Global Nonferrous Metal Recycling Market Outlook, By Source of Scrap (2024-2032) ($MN)
13 Global Nonferrous Metal Recycling Market Outlook, By Manufacturing & Fabrication Industries (2024-2032) ($MN)
14 Global Nonferrous Metal Recycling Market Outlook, By Construction & Demolition (C&D) Waste (2024-2032) ($MN)
15 Global Nonferrous Metal Recycling Market Outlook, By End-of-Life Vehicles (ELV) / Automotive Scrap (2024-2032) ($MN)
16 Global Nonferrous Metal Recycling Market Outlook, By Waste Electrical and Electronic Equipment (WEEE) / E-waste (2024-2032) ($MN)
17 Global Nonferrous Metal Recycling Market Outlook, By Other Post-Consumer Products (2024-2032) ($MN)
18 Global Nonferrous Metal Recycling Market Outlook, By Recycling Method (2024-2032) ($MN)
19 Global Nonferrous Metal Recycling Market Outlook, By Physical Recycling (2024-2032) ($MN)
20 Global Nonferrous Metal Recycling Market Outlook, By Thermal Recycling (2024-2032) ($MN)
21 Global Nonferrous Metal Recycling Market Outlook, By Chemical Recycling (2024-2032) ($MN)
22 Global Nonferrous Metal Recycling Market Outlook, By Electrochemical Recycling (2024-2032) ($MN)
23 Global Nonferrous Metal Recycling Market Outlook, By End User (2024-2032) ($MN)
24 Global Nonferrous Metal Recycling Market Outlook, By Automotive & Transportation (2024-2032) ($MN)
25 Global Nonferrous Metal Recycling Market Outlook, By Building & Construction (2024-2032) ($MN)
26 Global Nonferrous Metal Recycling Market Outlook, By Electrical & Electronics (2024-2032) ($MN)
27 Global Nonferrous Metal Recycling Market Outlook, By Industrial Machinery (2024-2032) ($MN)
28 Global Nonferrous Metal Recycling Market Outlook, By Consumer Appliances & Goods (2024-2032) ($MN)
29 Global Nonferrous Metal Recycling Market Outlook, By Packaging (2024-2032) ($MN)
30 Global Nonferrous Metal Recycling Market Outlook, By Energy & Power (2024-2032) ($MN)
31 Global Nonferrous Metal Recycling Market Outlook, By Aerospace & Defense (2024-2032) ($MN)
32 Global Nonferrous Metal Recycling Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Nonferrous Metal Recycling Market, By Metal Type
5.1 Introduction
5.2 Aluminum
5.3 Copper
5.4 Lead
5.5 Zinc
5.6 Nickel
5.7 Other Metal Types
6 Global Nonferrous Metal Recycling Market, By Scrap Type
6.1 Introduction
6.2 New Scrap (Manufacturing Waste)
6.3 Old Scrap (Post-Consumer Waste)
7 Global Nonferrous Metal Recycling Market, By Source of Scrap
7.1 Introduction
7.2 Manufacturing & Fabrication Industries
7.3 Construction & Demolition (C&D) Waste
7.4 End-of-Life Vehicles (ELV) / Automotive Scrap
7.5 Waste Electrical and Electronic Equipment (WEEE) / E-waste
7.6 Other Post-Consumer Products
8 Global Nonferrous Metal Recycling Market, By Recycling Method
8.1 Introduction
8.2 Physical Recycling
8.3 Thermal Recycling
8.4 Chemical Recycling
8.5 Electrochemical Recycling
9 Global Nonferrous Metal Recycling Market, By End User
9.1 Introduction
9.2 Automotive & Transportation
9.3 Building & Construction
9.4 Electrical & Electronics
9.5 Industrial Machinery
9.6 Consumer Appliances & Goods
9.7 Packaging
9.8 Energy & Power
9.9 Aerospace & Defense
9.10 Other End Users
10 Global Nonferrous Metal Recycling Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Sims Limited
12.2 Aurubis AG
12.3 Umicore NV
12.4 Novelis Inc.
12.5 Glencore plc
12.6 European Metal Recycling (EMR)
12.7 Dowa Holdings Co., Ltd.
12.8 OmniSource Corporation
12.9 SA Recycling LLC
12.10 Commercial Metals Company (CMC)
12.11 Nucor Corporation
12.12 Metallo-Chimique
12.13 Jintian Copper (Ningbo Jintian Copper Group Co., Ltd.)
12.14 Sungho Group
12.15 Toho Zinc Co., Ltd.
12.16 Scholz Recycling GmbH
12.17 Radius Recycling
12.18 Gravita India Ltd.
List of Tables
Table 1 Global Nonferrous Metal Recycling Market Outlook, By Region (2024-2032) ($MN)
Table 2 Global Nonferrous Metal Recycling Market Outlook, By Metal Type (2024-2032) ($MN)
Table 3 Global Nonferrous Metal Recycling Market Outlook, By Aluminum (2024-2032) ($MN)
Table 4 Global Nonferrous Metal Recycling Market Outlook, By Copper (2024-2032) ($MN)
Table 5 Global Nonferrous Metal Recycling Market Outlook, By Lead (2024-2032) ($MN)
Table 6 Global Nonferrous Metal Recycling Market Outlook, By Zinc (2024-2032) ($MN)
Table 7 Global Nonferrous Metal Recycling Market Outlook, By Nickel (2024-2032) ($MN)
Table 8 Global Nonferrous Metal Recycling Market Outlook, By Other Metal Types (2024-2032) ($MN)
Table 9 Global Nonferrous Metal Recycling Market Outlook, By Scrap Type (2024-2032) ($MN)
Table 10 Global Nonferrous Metal Recycling Market Outlook, By New Scrap (Manufacturing Waste) (2024-2032) ($MN)
Table 11 Global Nonferrous Metal Recycling Market Outlook, By Old Scrap (Post-Consumer Waste) (2024-2032) ($MN)
Table 12 Global Nonferrous Metal Recycling Market Outlook, By Source of Scrap (2024-2032) ($MN)
Table 13 Global Nonferrous Metal Recycling Market Outlook, By Manufacturing & Fabrication Industries (2024-2032) ($MN)
Table 14 Global Nonferrous Metal Recycling Market Outlook, By Construction & Demolition (C&D) Waste (2024-2032) ($MN)
Table 15 Global Nonferrous Metal Recycling Market Outlook, By End-of-Life Vehicles (ELV) / Automotive Scrap (2024-2032) ($MN)
Table 16 Global Nonferrous Metal Recycling Market Outlook, By Waste Electrical and Electronic Equipment (WEEE) / E-waste (2024-2032) ($MN)
Table 17 Global Nonferrous Metal Recycling Market Outlook, By Other Post-Consumer Products (2024-2032) ($MN)
Table 18 Global Nonferrous Metal Recycling Market Outlook, By Recycling Method (2024-2032) ($MN)
Table 19 Global Nonferrous Metal Recycling Market Outlook, By Physical Recycling (2024-2032) ($MN)
Table 20 Global Nonferrous Metal Recycling Market Outlook, By Thermal Recycling (2024-2032) ($MN)
Table 21 Global Nonferrous Metal Recycling Market Outlook, By Chemical Recycling (2024-2032) ($MN)
Table 22 Global Nonferrous Metal Recycling Market Outlook, By Electrochemical Recycling (2024-2032) ($MN)
Table 23 Global Nonferrous Metal Recycling Market Outlook, By End User (2024-2032) ($MN)
Table 24 Global Nonferrous Metal Recycling Market Outlook, By Automotive & Transportation (2024-2032) ($MN)
Table 25 Global Nonferrous Metal Recycling Market Outlook, By Building & Construction (2024-2032) ($MN)
Table 26 Global Nonferrous Metal Recycling Market Outlook, By Electrical & Electronics (2024-2032) ($MN)
Table 27 Global Nonferrous Metal Recycling Market Outlook, By Industrial Machinery (2024-2032) ($MN)
Table 28 Global Nonferrous Metal Recycling Market Outlook, By Consumer Appliances & Goods (2024-2032) ($MN)
Table 29 Global Nonferrous Metal Recycling Market Outlook, By Packaging (2024-2032) ($MN)
Table 30 Global Nonferrous Metal Recycling Market Outlook, By Energy & Power (2024-2032) ($MN)
Table 31 Global Nonferrous Metal Recycling Market Outlook, By Aerospace & Defense (2024-2032) ($MN)
Table 32 Global Nonferrous Metal Recycling Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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