Scrap Aluminium Recycling Market size was valued at USD 6.15 Billion in 2024 and is projected to reach USD 9.84 Billion by 2033, exhibiting a CAGR of 5.6% from 2026 to 2033.
The global scrap aluminium recycling market was valued at approximately USD 54.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2023 to 2030. This growth is driven by increasing demand for sustainable materials and energy efficient production methods across industries such as automotive, construction, and packaging. Asia Pacific accounted for the largest market share in 2022, contributing over 42% of the global revenue, primarily due to rising industrialization in countries like China and India and the growing awareness of environmental regulations. North America followed, with a strong emphasis on circular economy practices and the presence of mature recycling infrastructure. Europe also exhibited a substantial share, supported by strict regulatory policies and high recycling rates.
Opportunities in the scrap aluminium recycling market are emerging across developing regions, especially in Latin America, the Middle East, and Africa, where urbanization and industrial activities are accelerating. These regions are witnessing increased investments in recycling technologies and infrastructure to manage rising scrap volumes effectively. The demand for secondary aluminium is growing due to its significantly lower energy requirements compared to primary aluminium production. In addition, government initiatives promoting the use of recycled materials and rising consumer preference for eco friendly products are expected to further stimulate market expansion. The integration of advanced sorting and shredding technologies also opens new avenues for process efficiency and quality improvements, making the market ripe for innovation and long term growth.
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Hindalco Novelis
Matalco Inc
Real Alloy
Kuusakoski
Sims Metal Management
OmniSource
TSR Recycling
Matalco Inc.
SA Recycling
Kuusakoski Group Oy
Constellium SE
Alcoa Corp.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Scrap Aluminium Recycling Market
Aluminium Cans
Aluminium Foil
Aluminium Scrap
Aluminium Extrusions
Aluminium Shavings
Automotive
Construction
Electrical & Electronics
Packaging
Aerospace
Consumer Goods
Mechanical Recycling
Chemical Recycling
Energy Recovery
Automotive Industry
Building and Construction
Packaging Industry
Electrical & Electronics
Aerospace Industry
Post-Consumer Scrap
Post-Industrial Scrap
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Scrap Aluminium Recycling Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Scrap Aluminium Recycling Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Scrap Aluminium Recycling Market, By Type
6. Global Scrap Aluminium Recycling Market, By Application
7. Global Scrap Aluminium Recycling Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Scrap Aluminium Recycling Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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