The global metal recycling market size is estimated at USD 318.85 billion in 2025 and is anticipated to reach around USD 631.72 billion by 2034, expanding at a CAGR of 7.90% from 2025 to 2034. The Asia Pacific metal recycling market size was valued at USD 162.61 billion in 2025 and is expanding at a CAGR of 8.15% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. Covid-19: Metal Recycling Industry Impact
5.2. Metal Recycling Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Metal Recycling Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Metal Recycling Vendor to deal with Covid-19 Pandemic Scenario
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. New Awareness Programs for Sustainable Waste Management Practice
6.1.1.2. Metal Recycling Offer Energy Saving Benefits Compared to Mining
6.1.2. Market Restraints
6.1.2.1. Unorganized Waste Collection Procedure Particularly in Developing Countries
6.1.2.2. Regulations Related to Fair and Free trade of Scrap Metals
6.1.3. Market Opportunities
6.1.3.1. Developing of Public and Private Relationship
6.1.3.2. Stringent Government Regulations Regarding Underground Mining and Natural Resource Depletion
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
6.3. PESTEL Analysis
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Metal Recycling Market Revenue by Vendor
7.1.1.2. Metal Recycling Market Revenue Market Share by Vendor
7.1.1.3. Metal Recycling Market Production by Vendor
7.1.1.4. Metal Recycling Market Production Market Share by Vendor
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Metal Recycling Market, by Product, 2025-2034
8.1.1. Aluminum
8.1.1.1. Market Revenue and Forecast (2022-2034)
8.1.1.2. Market Production and Forecast (2022-2034)
8.1.2. Steel
8.1.2.1. Market Revenue and Forecast (2022-2034)
8.1.2.2. Market Production and Forecast (2022-2034)
8.1.3. Copper
8.1.3.1. Market Revenue and Forecast (2022-2034)
8.1.3.2. Market Production and Forecast (2022-2034)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2022-2034)
8.1.4.2. Market Production and Forecast (2022-2034)
9.1. Metal Recycling Market, by Application, 2025-2034
9.1.1. Automotive
9.1.1.1. Market Revenue and Forecast (2022-2034)
9.1.1.2. Market Consumption and Forecast (2022-2034)
9.1.2. Construction
9.1.2.1. Market Revenue and Forecast (2022-2034)
9.1.2.2. Market Consumption and Forecast (2022-2034)
9.1.3. Industrial Goods
9.1.3.1. Market Revenue and Forecast (2022-2034)
9.1.3.2. Market Consumption and Forecast (2022-2034)
9.1.4. Consumer Goods
9.1.4.1. Market Revenue and Forecast (2022-2034)
9.1.4.2. Market Consumption and Forecast (2022-2034)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2022-2034)
9.1.5.2. Market Consumption and Forecast (2022-2034)
10.1. North America
10.1.1. Market Revenue and Production Forecast by Product (2022-2034)
10.1.2. Market Revenue and Consumption Forecast by Application (2022-2034)
10.1.3. U.S
10.1.3.1. Market Revenue and Production Forecast (2022-2034)
10.1.3.2. Market Revenue and Consumption Forecast (2022-2034)
10.1.4. Canada
10.1.4.1. Market Revenue and Production Forecast (2022-2034)
10.1.4.2. Market Revenue and Consumption Forecast (2022-2034)
10.2. Europe
10.2.1. Market Revenue and Production Forecast by Product (2022-2034)
10.2.2. Market Revenue and Consumption Forecast by Application (2022-2034)
10.2.3. UK
10.2.3.1. Market Revenue and Production Forecast (2022-2034)
10.2.3.2. Market Revenue and Consumption Forecast (2022-2034)
10.2.4. Germany
10.2.4.1. Market Revenue and Production Forecast (2022-2034)
10.2.4.2. Market Revenue and Consumption Forecast (2022-2034)
10.2.5. France
10.2.5.1. Market Revenue and Production Forecast (2022-2034)
10.2.5.2. Market Revenue and Consumption Forecast (2022-2034)
10.2.6. Rest of EU
10.2.6.1. Market Revenue and Production Forecast (2022-2034)
10.2.6.2. Market Revenue and Consumption Forecast (2022-2034)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue and Production Forecast by Product (2022-2034)
10.3.2. Market Revenue and Consumption Forecast by Application (2022-2034)
10.3.3. China
10.3.3.1. Market Revenue and Production Forecast (2022-2034)
10.3.3.2. Market Revenue and Consumption Forecast (2022-2034)
10.3.4. India
10.3.4.1. Market Revenue and Production Forecast (2022-2034)
10.3.4.2. Market Revenue and Consumption Forecast (2022-2034)
10.3.5. Japan
10.3.5.1. Market Revenue and Production Forecast (2022-2034)
10.3.5.2. Market Revenue and Consumption Forecast (2022-2034)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Production Forecast (2022-2034)
10.3.6.2. Market Revenue and Consumption Forecast (2022-2034)
10.4. LATAM
10.4.1. Market Revenue and Production Forecast by Product (2022-2034)
10.4.2. Market Revenue and Consumption Forecast by Application (2022-2034)
10.4.3. Brazil
10.4.3.1. Market Revenue and Production Forecast (2022-2034)
10.4.3.2. Market Revenue and Consumption Forecast (2022-2034)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue and Production Forecast (2022-2034)
10.4.4.2. Market Revenue and Consumption Forecast (2022-2034)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue and Production Forecast by Product (2022-2034)
10.5.2. Market Revenue and Consumption Forecast by Application (2022-2034)
10.5.3. GCC
10.5.3.1. Market Revenue and Production Forecast (2022-2034)
10.5.3.2. Market Revenue and Consumption Forecast (2022-2034)
10.5.4. North Africa
10.5.4.1. Market Revenue and Production Forecast (2022-2034)
10.5.4.2. Market Revenue and Consumption Forecast (2022-2034)
10.5.5. South Africa
10.5.5.1. Market Revenue and Production Forecast (2022-2034)
10.5.5.2. Market Revenue and Consumption Forecast (2022-2034)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue and Production Forecast (2022-2034)
10.5.6.2. Market Revenue and Consumption Forecast (2022-2034)
11.1. GFG Alliance
11.1.1. Company Overview, Business Information, Manufacturing Area
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Production Capacity, Price and Gross Margin
11.1.4. Recent Developments and Strategies
11.2. European Metal Recycling
11.2.1. Company Overview, Business Information, Manufacturing Area
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Production Capacity, Price and Gross Margin
11.2.4. Recent Developments and Strategies
11.3. CMC Recycling
11.3.1. Company Overview, Business Information, Manufacturing Area
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Production Capacity, Price and Gross Margin
11.3.4. Recent Developments and Strategies
11.4. Kimmel Scrap Iron & Metal Co. Inc.
11.4.1. Company Overview, Business Information, Manufacturing Area
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Production Capacity, Price and Gross Margin
11.4.4. Recent Developments and Strategies
11.5. Norsk Hydro ASA
11.5.1. Company Overview, Business Information, Manufacturing Area
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Production Capacity, Price and Gross Margin
11.5.4. Recent Developments and Strategies
11.6. Schnitzer Steel Industries, Inc.
11.6.1. Company Overview, Business Information, Manufacturing Area
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Production Capacity, Price and Gross Margin
11.6.4. Recent Developments and Strategies
11.7. Tata Steel
11.7.1. Company Overview, Business Information, Manufacturing Area
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Production Capacity, Price and Gross Margin
11.7.4. Recent Developments and Strategies
11.8. Novelis
11.8.1. Company Overview, Business Information, Manufacturing Area
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Application
11.8.3. Revenue, Production Capacity, Price and Gross Margin
11.8.4. Recent Developments and Strategies
11.9. Utah Metal Works
11.9.1. Company Overview, Business Information, Manufacturing Area
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Application
11.9.3. Revenue, Production Capacity, Price and Gross Margin
11.9.4. Recent Developments and Strategies
11.10. Sims Metal Management Limited
11.10.1. Company Overview, Business Information, Manufacturing Area
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Application
11.10.3. Revenue, Production Capacity, Price and Gross Margin
11.10.4. Recent Developments and Strategies
12.1. About Us
12.2. Glossary of Terms
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