Aluminum Recycling Market Introduction and Overview
According to SPER Market Research, the Global Aluminum Recycling Market is estimated to reach USD XX billion by 2033 with a CAGR of 6.09%.
The report includes an in-depth analysis of the Global Aluminum Recycling Market, including market size and trends, product mix, applications, and supplier analysis. Aluminum that has already been used is called recycled aluminum; it is then processed and made into new goods. Because it uses less energy and natural resources, it is a sustainable and environmentally responsible choice. Reducing greenhouse gas emissions and fighting climate change are more benefits of recycling aluminum. Producing it uses less energy than producing primary aluminum. Aluminum recycling contributes to waste reduction in landfills and natural resource conservation. Moreover, continuous recycling of aluminum can create a closed loop circular economy in which the metal retains its qualities and can be recycled eternally.
- December 2023: The Company’s extremely low carbon footprint aluminum is quickly becoming a necessary product for businesses that emphasize sustainability goals in their supply chains. Rusal announced ambitions to begin using primary aluminum with the lowest carbon footprint in the world.
- August 2023: Sims Metal revealed intentions to buy the assets of Baltimore Scrap Corp (BSC), a metal recycler with headquarters in the United States, and its related companies. The transaction will be paid US$ 177 million in total consideration, plus working capital and other adjustments that will be decided at close.
Market Opportunities and Challenges
Demand for environmentally friendly products, the resumption of halted infrastructure projects, and technological advancements in recycled aluminum technology are anticipated to present profitable prospects for market growth. Manufacturers in the recycled aluminum market are devoting a significant amount of their earnings to research and development in order to create innovative materials. In order to increase their influence on the worldwide market, players often engage in strategic alliances.
The infrastructure in place for collection and recycling might affect the supply of recycled aluminum. A scarcity of recovered aluminum might impede market expansion because of inadequate collection networks, few recycling facilities, and uneven recycling rates. Moreover, paints, coatings, and other elements could be contaminants or impurities in recovered aluminum. These impurities may have an adverse effect on recycled aluminum's performance and quality, which may reduce its appeal for some uses. Contamination removal and sorting can be an expensive and difficult operation, which reduces the market's potential for overall growth.
Market Competitive Landscape
The tactics they employ to create new technologies, invest in R&D, enhance product quality, make acquisitions and mergers, and fight for market share in the expanding aluminum recycling industry aid in maintaining their standing and worth in the industry. In addition, market share holds by major firms and joint ventures with other businesses drive the aluminum recycling industry.The major players in the Global Aluminum Recycling Market include: Amag Austria Metall AG, Arfin India Ltd. , Aurubis AG , Chalco Aluminum Corporation, Commercial Metals Company, Fervent Global LLP , Kuusakoski Recycling, Matalco Inc , Real Alloy, Sims Metal Management Ltd.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By End User
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Amag Austria Metall AG , Arfin India Ltd. , Aurubis AG , Chalco Aluminum Corporation, Commercial Metals Company, Fervent Global LLP , Kuusakoski Recycling, Matalco Inc , Real Alloy, Sims Metal Management Ltd.
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COVID-19 Impact on Global Aluminum Recycling Market
Global supply systems, which include the gathering and processing of aluminum scrap, were disrupted by the COVID-19 pandemic. Movement limitations and lockout protocols impacted scrap gathering efforts, resulting in a decrease in the supply of recovered aluminum feedstock. The market for recycled aluminum was directly impacted by this supply chain interruption. However, industrial activity and the market for goods containing aluminum started to increase as economies started to recover from the pandemic's effects and reopen. The recycled aluminum industry has revived in part due to this economic rebound. The pandemic also served as a reminder of how crucial environmental stewardship and sustainability are.
Key Target Audience:
- Automotive Industries
- Aerospace and Defence Industries
- Building and construction Industries
- Electrical and electronics Industries
- Packaging Industries
Our in-depth analysis of the Aluminum Recycling Market includes the following segments:
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By Type: |
Casting Alloys
Extrusion
Sheet
Other types
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By End User: |
Aerospace and defence
Automotive
Building and construction
Electrical and electronics
Other end-user industries
Packaging
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By Region:
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Asia-Pacific
Europe
Middle East & Africa
North America
Latin America
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Key Topics Covered in the Report:
- Global Aluminum Recycling Market Size (FY’2023-FY’2033)
- Overview of Global Aluminum Recycling Market
- Segmentation of Global Aluminum Recycling Market By Type (casting alloys, extrusion, sheet, and other types).
- Segmentation of Global Aluminum Recycling Market By End User (automotive, aerospace and defense, building and construction, electrical and electronics, packaging, and other end-user industries)
- Statistical Snap of Global Aluminum Recycling Market
- Expansion Analysis of Global Aluminum Recycling Market
- Problems and Obstacles in Global Aluminum Recycling Market
- Competitive Landscape in the Global Aluminum Recycling Market
- Impact of COVID-19 and Demonetization on Global Aluminum Recycling Market
- Details on Current Investment in Global Aluminum Recycling Market
- Competitive Analysis of Global Aluminum Recycling Market
- Prominent Players in the Global Aluminum Recycling Market
- SWOT Analysis of Global Aluminum Recycling Market
- Global Aluminum Recycling Market Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Aluminum Recycling Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Aluminum Recycling Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Aluminum Recycling Market
7. Global Aluminum Recycling Market, By Type (USD Million)
7.1. Global Aluminum Recycling Market Value Share and Forecast, By Type, 2023-2033
7.2. Casting Alloys
7.3. Extrusion
7.4. Sheet
7.5. Other types
8. Global Aluminum Recycling Market, By End User (USD Million)
8.1. Global Aluminum Recycling Market Size Value Share and Forecast, By End User, 2023-2033
8.2. Aerospace and defence
8.3. Automotive
8.4. Building and construction
8.5. Electrical and electronics
8.6. Other end-user industries
8.7. Packaging
9. Global Aluminum Recycling Market, Forecast, 2019-2033 (USD Million)
9.1. Global Aluminum Recycling Market Size and Market Share
10. Global Aluminum Recycling Market, By Type 2019-2033 (USD Million)
10.1. Global Aluminum Recycling Market Size and Market Share, By Type (2019-2026)
10.2. Global Aluminum Recycling Market Size and Market Share, By Type (2027-2033)
11. Global Aluminum Recycling Market , By End User 2019-2033 (USD Million)
11.1. Global Aluminum Recycling Market Size and Market Share, By End User (2019-2026)
11.2. Global Aluminum Recycling Market Size and Market Share, By End User (2027-2033
12. Global Aluminum Recycling Market, By Region, 2019-2033 (USD Million)
12.1. Global Aluminum Recycling Market Size and Market Share, By Region (2019-2026)
12.2. Global Aluminum Recycling Market Size and Market Share, By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. Amag Austria Metall AG
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Arfin India Ltd
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Aurubis AG
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Chalco Aluminum Corporation
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Commercial Metals Company
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Fervent Global LLP
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Kuusakoski Recycling
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Matalco Inc
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Real Alloy
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Sims Metal Management Ltd.
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
