Non-ferrous Scrap Recycling Market

By Sector;

Construction, Automotive, Consumer Goods, Industrial Goods and Non-Ferrous Scrap Recycling

By Metal;

Aluminum, Copper, Lead and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn415736134 Published Date: September, 2025 Updated Date: October, 2025

Non-Ferrous Scrap Recycling Market Overview

Non-Ferrous Scrap Recycling Market (USD Million)

Non-Ferrous Scrap Recycling Market was valued at USD 76,198.24 million in the year 2024. The size of this market is expected to increase to USD 129,746.32 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.9%.


Non-ferrous Scrap Recycling Market

*Market size in USD million

CAGR 7.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.9 %
Market Size (2024)USD 76,198.24 Million
Market Size (2031)USD 129,746.32 Million
Market ConcentrationMedium
Report Pages395
76,198.24
2024
129,746.32
2031

Major Players

  • Aurubis
  • Chiho Environmental Group Limited
  • Hindalco Industries Ltd
  • Kuusakoski
  • Matalco Inc
  • OmniSource Corp.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Non-ferrous Scrap Recycling Market

Fragmented - Highly competitive market without dominant players


The Non-ferrous Scrap Recycling Market is gaining strong momentum as industries seek sustainable solutions to manage metal waste efficiently. Adoption of recycling practices has increased by over 45%, driven by rising demand for eco-friendly production and reduced dependence on virgin materials. The ability to recover valuable metals such as aluminum, copper, and zinc ensures both economic and environmental benefits.

Key Drivers Accelerating Growth
Growing emphasis on resource efficiency and the reduction of carbon emissions is boosting the recycling ecosystem. Nearly 40% of industrial manufacturers are prioritizing non-ferrous recycling to cut down raw material costs and minimize waste generation. The increasing use of recycled metals in automotive, construction, and electronics is further supporting growth momentum.

Advancements Enhancing Recycling Efficiency
The introduction of automated sorting systems, AI-based separation, and advanced shredding technologies has transformed recycling processes. Around 55% of recycling facilities have adopted these technologies to maximize material recovery. This technological integration ensures higher purity levels, reduced operational costs, and improved circular economy practices.

Opportunities for Expansion
Strategic collaborations, partnerships, and innovation-focused investments are paving the way for expansion. Over 50% of recycling companies are entering agreements with manufacturing sectors to establish closed-loop supply chains. These synergies not only strengthen material availability but also ensure consistent quality for downstream industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Sector
    2. Market Snapshot, By Matal
    3. Market Snapshot, By Region
  4. Non-Ferrous Scrap Recycling Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Circular Economy Initiatives
        2. Resource Conservation Goals
        3. Environmental Regulations Compliance
        4. Increasing Metal Demand
      2. Restraints
        1. Fluctuating Metal Prices
        2. Collection Infrastructure Challenges
        3. Quality Control Issues
        4. Technological Limitations
      3. Opportunities
        1. Technological Advancements
        2. Emerging Economies Growth
        3. Urban Mining Expansion
        4. Metal Recovery Efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Non-ferrous Scrap Recycling Market, By Sector, 2021 - 2031 (USD Million)
      1. Construction
      2. Automotive
      3. Consumer Goods
      4. Industrial Goods
      5. Non-Ferrous Scrap Recycling
    2. Non-ferrous Scrap Recycling Market, By Metal, 2021 - 2031 (USD Million)
      1. Aluminum
      2. Copper
      3. Lead
      4. Others
    3. Non-Ferrous Scrap Recycling Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Aurubis AG
      2. ArcelorMittal S.A.
      3. Commercial Metals Company (CMC)
      4. Sims Metal Management
      5. Dowa Eco-System / Dowa Holdings
      6. European Metal Recycling (EMR)
      7. SA Recycling LLC
      8. OmniSource Corporation
      9. TSR Recycling GmbH & Co. KG
      10. Kuusakoski Group Oy
      11. Hindalco Industries Ltd.
      12. Tata Steel Limited
      13. Nucor Corporation
      14. Remondis SE & Co. KG
      15. Radius Recycling, Inc.
  7. Analyst Views
  8. Future Outlook of the Market