The global metal recycling market size was valued at USD 253.3 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 356.0 Billion by 2033, exhibiting a CAGR of 3.9% during 2025-2033.
The metal recycling industry by 2025 is growing because firms and governments concentrate on circular supply chains as well as low-carbon products. Steel, aluminum, copper, as well as precious metals serve as examples of recycled metals. These metals also emit less greenhouse gas and consume less energy than primary production. This sustainability benefit is creating increased demand from producers. Governments are also showing increased demand toward sustainability goals.
Technology advances in processing and sorting improve recovery and quality through it. Modern plants detect, use automatons, and divide without help to increase quality and output. Recyclers that are using electric arc furnaces along with advanced energy-saving smelting technologies meet tighter emission standards for conserving energy. Urban mining is becoming a source of feedstock on the increase. That includes recycling metals out of consumer electronics, batteries, and retired vehicles.
Drivers in the market in 2025 are raw material prices, government incentives, as well as scrap availability. Increased producer responsibility and incentives towards recycled material buttress collection schemes and investment in domestic processing units. Supply chains have an influence upon regional price gaps. The flows of trade have influence too. Countries do promote more of recycling within their domestic market, being a method for one to realize more of value.
The automotive, and the construction, and also electronics used metal markets are strong now. Companies use recycled stuff to serve clients and ESG aims. For the metal recycling business, more strong and sustainable material supply chains in 2025 combine policy and technology and demand changes.
Get your Sample of Metal Recycling Market Insights for Free: https://www.imarcgroup.com/metal-recycling-market/requestsample
Market Segmentation:
Analysis by Metal Type:
- Steel
- Aluminum
- Copper
- Others
Analysis by Type:
- Ferrous Metal
- Non-Ferrous Metal
Analysis by End Use Industry:
- Building and Construction
- Packaging
- Automotive
- Industrial Machinery
- Electronics and Electrical Equipment
- Shipbuilding
- Others
Regional Analysis:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Who are the key players operating in the industry?
The report covers the major market players including:
- ArcelorMittal
- Aurubis AG
- Commercial Metals Company
- Dowa Holdings Co. Ltd.
- European Metal Recycling Ltd (Ausurus Group Ltd)
- Nucor Corporation
- OmniSource LLC (Steel Dynamics Inc.)
- Schnitzer Steel Industries Inc.
- Sims Limited
- Tata Steel Limited
Ask Our Expert & Browse Full Report with TOC & List of Figure:https://www.imarcgroup.com/request?type=report&id=4316&flag=E
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-201971-6302
Comments
0 comment