Aluminum Scrap Recycling Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR44933

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The aluminum scrap recycling market size will grow up to 11782.76 thousand MT at a CAGR of 8.16% during 2021-2025.

This aluminum scrap recycling market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by end-user (secondary smelting and downstream) and geography (APAC, North America, Europe, MEA, and South America). The aluminum scrap recycling market report also offers information on several market vendors, including Alcoa Corp., Constellium SE, Hindalco Industries Ltd., Kuusakoski Group Oy, Matalco Inc., Metal Exchange Corp., Norton Aluminium Ltd., Real Alloy, Rio Tinto Ltd., and Sims Metal Management Ltd. among others.

What will the Aluminum Scrap Recycling Market Size be in 2021?

Aluminum-Scrap-Recycling-Market-Market-Size-2020-2025

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Aluminum Scrap Recycling Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The energy and environmental factors is notably driving the aluminum scrap recycling market growth, although factors such as decrease in recycling rate of used beverage cans may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the aluminum scrap recycling market get your FREE report sample now.

This aluminum scrap recycling market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Aluminum Scrap Recycling Market Vendors?

The aluminum scrap recycling market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

 

  • Alcoa Corp.
  • Constellium SE
  • Hindalco Industries Ltd.
  • Kuusakoski Group Oy
  • Matalco Inc.
  • Metal Exchange Corp.
  • Norton Aluminium Ltd.
  • Real Alloy
  • Rio Tinto Ltd.
  • Sims Metal Management Ltd.

 

The aluminum scrap recycling market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

For insights on complete key vendor profiles, download a free sample of the aluminum scrap recycling market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Aluminum Scrap Recycling Market?

Aluminum-Scrap-Recycling-Market-Market-Share-by-Region-2020-2025

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China, India, and South Korea (Republic of Korea) are the key markets for aluminum scrap recycling market in APAC. Learn about the key, emerging, and untapped markets from our aluminum scrap recycling market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 60% of the market’s growth will originate from APAC during the forecast period.

APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Increasing use of aluminum in automobile industry has been identified as one of the chief factors that will drive the aluminum scrap recycling market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Aluminum Scrap Recycling Market?

Aluminum-Scrap-Recycling-Market-Market-Share-by-End-2020-2025

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The aluminum scrap recycling market share growth by the secondary smelting segment has been significant. The aluminum scrap recycling market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the aluminum scrap recycling market size.

 

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What are the Key Factors Covered in this Aluminum Scrap Recycling Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive aluminum scrap recycling market growth during the next five years
  • Precise estimation of the aluminum scrap recycling market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the aluminum scrap recycling market across APAC, North America, Europe, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of aluminum scrap recycling market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The aluminum scrap recycling market market growth will increase by $12.61 million MT during 2019-2024.
The aluminum scrap recycling market market is expected to grow at a CAGR of 7.81% during 2019-2024.
Technavio has segmented the aluminum scrap recycling market market by end user (Secondary smelting and Downstream) and geographic (APAC, North America, Europe, MEA, and South America).
Alcoa Corp., Constellium SE, Hindalco Industries Ltd., Kuusakoski Group Oy, Matalco Inc., Metal Exchange Corp., Norton Aluminium Ltd., Real Alloy, Rio Tinto Ltd., Sims Metal Management Ltd. are a few of the key vendors in the aluminum scrap recycling market market.
APAC will register the highest growth rate of 60.14% among the other regions. Therefore, the aluminum scrap recycling market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • India
  • Germany
  • South Korea (Republic of Korea)
The key factors driving the aluminum scrap recycling market market growth are:
  • Energy and environmental factors
The aluminum scrap recycling market market vendors should focus on grabbing business opportunities from the secondary smelting segment as it accounted for the largest market share in the base year.
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