Aluminum Scrap Recycling Market Size 2025-2029
The aluminum scrap recycling market size is forecast to increase by USD 4.38 billion at a CAGR of 10.7% between 2024 and 2029.
- The market is experiencing significant growth due to increasing environmental concerns and the need to reduce energy consumption. One of the key trends in this market is the adoption of advanced recycling technologies such as Laser Induced Breakdown Spectroscopy (LIBS) and solid-state recycling. These technologies enable the recycling of a wider range of aluminum scrap and improve the efficiency of the recycling process.
- However, the recycling rate of used beverage cans remains a challenge, as a significant amount of aluminum scrap continues to end up in landfills. Additionally, the decreasing availability of high-quality scrap and the volatility of raw material prices pose challenges to market growth. Overall, the market is expected to witness steady growth in the coming years, driven by the need for sustainable production and increasing demand for recycled aluminum.
- The market is thriving due to the increasing demand for sustainable practices and the high value of aluminum in various industries. Recycling plants play a crucial role in this process, accepting aluminum foil scrap and ingot scrap for processing. With the surge in electric vehicles sales, the demand for lightweight and recyclable aluminum components and aluminium foil scrap and aluminium ingot scrap is on the rise, further boosting the market. Packing industries also contribute significantly to the aluminum scrap supply, making scrap metal recycling an essential part of the circular economy.
What will be the Size of the Aluminum Scrap Recycling Market During the Forecast Period?
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1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Aluminum Scrap Recycling Market 2019 - 2023
- Historic Market Size - Data Table on Global Aluminum Scrap Recycling Market 2019 - 2023 ($ million)
- 5.2 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
- 5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 The AI impact on global aluminum scrap recycling market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by End-user
- 8.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
- 8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 8.3 Casting - Market size and forecast 2024-2029
- Chart on Casting - Market size and forecast 2024-2029 ($ million)
- Data Table on Casting - Market size and forecast 2024-2029 ($ million)
- Chart on Casting - Year-over-year growth 2024-2029 (%)
- Data Table on Casting - Year-over-year growth 2024-2029 (%)
- 8.4 Downstream - Market size and forecast 2024-2029
- Chart on Downstream - Market size and forecast 2024-2029 ($ million)
- Data Table on Downstream - Market size and forecast 2024-2029 ($ million)
- Chart on Downstream - Year-over-year growth 2024-2029 (%)
- Data Table on Downstream - Year-over-year growth 2024-2029 (%)
- 8.5 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
9 Market Segmentation by Type
- 9.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
- 9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 9.3 Old scrap - Market size and forecast 2024-2029
- Chart on Old scrap - Market size and forecast 2024-2029 ($ million)
- Data Table on Old scrap - Market size and forecast 2024-2029 ($ million)
- Chart on Old scrap - Year-over-year growth 2024-2029 (%)
- Data Table on Old scrap - Year-over-year growth 2024-2029 (%)
- 9.4 New scrap - Market size and forecast 2024-2029
- Chart on New scrap - Market size and forecast 2024-2029 ($ million)
- Data Table on New scrap - Market size and forecast 2024-2029 ($ million)
- Chart on New scrap - Year-over-year growth 2024-2029 (%)
- Data Table on New scrap - Year-over-year growth 2024-2029 (%)
- 9.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by Alloy Type
- 10.1 Market segments
- Chart on Alloy Type - Market share (2024-2029) (%)
- Data Table on Alloy Type - Market share (2024-2029) (%)
- 10.2 Comparison by Alloy Type
- Chart on Comparison by Alloy Type
- Data Table on Comparison by Alloy Type
- 10.3 Wrought Alloy - Market size and forecast (2024-2029)
- Chart on Wrought Alloy - Market size and forecast (2024-2029) ($ million)
- Data Table on Wrought Alloy - Market size and forecast (2024-2029) ($ million)
- Chart on Wrought Alloy - Year-over-year growth (2024-2029) (%)
- Data Table on Wrought Alloy - Year-over-year growth (2024-2029) (%)
- 10.4 Casting Alloy - Market size and forecast (2024-2029)
- Chart on Casting Alloy - Market size and forecast (2024-2029) ($ million)
- Data Table on Casting Alloy - Market size and forecast (2024-2029) ($ million)
- Chart on Casting Alloy - Year-over-year growth (2024-2029) (%)
- Data Table on Casting Alloy - Year-over-year growth (2024-2029) (%)
- 10.5 Market opportunity by Alloy Type
- Market opportunity by $segment_name ($ million)
- Data Table on Market opportunity by $segment_name ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 12.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 12.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 12.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 12.6 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- 12.7 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 12.8 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 12.9 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 12.10 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 12.11 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 12.12 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 12.13 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 12.14 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 12.15 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 12.16 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 12.17 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 12.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities/restraints
14 Competitive Landscape
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 Alcoa Corp.
- Alcoa Corp. - Overview
- Alcoa Corp. - Business segments
- Alcoa Corp. - Key news
- Alcoa Corp. - Key offerings
- Alcoa Corp. - Segment focus
- SWOT
- 15.5 CASS Inc.
- CASS Inc. - Overview
- CASS Inc. - Product / Service
- CASS Inc. - Key offerings
- SWOT
- 15.6 Chiho Renewable Development Ltd.
- Chiho Renewable Development Ltd. - Overview
- Chiho Renewable Development Ltd. - Product / Service
- Chiho Renewable Development Ltd. - Key offerings
- SWOT
- 15.7 Constellium SE
- Constellium SE - Overview
- Constellium SE - Business segments
- Constellium SE - Key offerings
- Constellium SE - Segment focus
- SWOT
- 15.8 European Metal Recycling Ltd.
- European Metal Recycling Ltd. - Overview
- European Metal Recycling Ltd. - Product / Service
- European Metal Recycling Ltd. - Key offerings
- SWOT
- 15.9 Hindalco Industries Ltd.
- Hindalco Industries Ltd. - Overview
- Hindalco Industries Ltd. - Business segments
- Hindalco Industries Ltd. - Key offerings
- Hindalco Industries Ltd. - Segment focus
- SWOT
- 15.10 Koch Enterprises Inc.
- Koch Enterprises Inc. - Overview
- Koch Enterprises Inc. - Product / Service
- Koch Enterprises Inc. - Key offerings
- SWOT
- 15.11 Kuusakoski Oy
- Kuusakoski Oy - Overview
- Kuusakoski Oy - Business segments
- Kuusakoski Oy - Key offerings
- Kuusakoski Oy - Segment focus
- SWOT
- 15.12 Metal Exchange Corp.
- Metal Exchange Corp. - Overview
- Metal Exchange Corp. - Product / Service
- Metal Exchange Corp. - Key offerings
- SWOT
- 15.13 Norsk Hydro ASA
- Norsk Hydro ASA - Overview
- Norsk Hydro ASA - Business segments
- Norsk Hydro ASA - Key news
- Norsk Hydro ASA - Key offerings
- Norsk Hydro ASA - Segment focus
- SWOT
- 15.14 Real Alloy
- Real Alloy - Overview
- Real Alloy - Product / Service
- Real Alloy - Key offerings
- SWOT
- 15.15 RETHMANN SE and Co. KG
- RETHMANN SE and Co. KG - Overview
- RETHMANN SE and Co. KG - Product / Service
- RETHMANN SE and Co. KG - Key offerings
- SWOT
- 15.16 Rio Tinto Ltd.
- Rio Tinto Ltd. - Overview
- Rio Tinto Ltd. - Business segments
- Rio Tinto Ltd. - Key news
- Rio Tinto Ltd. - Key offerings
- Rio Tinto Ltd. - Segment focus
- SWOT
- 15.17 Sims Ltd.
- Sims Ltd. - Overview
- Sims Ltd. - Business segments
- Sims Ltd. - Key news
- Sims Ltd. - Key offerings
- Sims Ltd. - Segment focus
- SWOT
- 15.18 Triple M Metal LP
- Triple M Metal LP - Overview
- Triple M Metal LP - Product / Service
- Triple M Metal LP - Key offerings
- SWOT
16 Appendix
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
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