the global Non-Ferrous Scrap market size is projected to reach USD 153.12 billion by 2029
Published Date: Friday,15 Dec,2023
The Non-Ferrous Scrap market covers Copper, Aluminum, etc. The typical players include Sims Metal Management, OmniSource, European Metal Recycling, etc.
Aluminum, copper, lead, nickel, tin, and zinc are among the many base metals that are referred in the industry as nonferrous scrap. These materials have a variety of uses and maintain their chemical properties through repeated recycling and reprocessing. This trait makes nonferrous metals infinitely recyclable and important to maintaining sustainability in resource conservation.
According to the new market research report “Global Non-Ferrous Scrap Market Report 2023-2029”, published by GlobalInfoResearch, the global Non-Ferrous Scrap market size is projected to reach USD 153.12 billion by 2029, at a CAGR of 4.0% during the forecast period.
- Global Non-Ferrous Scrap MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Non-Ferrous Scrap Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
- Global Non-Ferrous Scrap Top12Players Ranking and Market Share(Based on data of 2021, Continually updated)
Source: GlobalInfoResearch, “Global Non-Ferrous Scrap Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
The global key manufacturers of Non-Ferrous Scrap include Sims Metal Management, European Metal Recycling, Hanwa, OmniSource, Chiho Environmental Group, Commercial Metals, Schnitzer Steel Industries, Yechiu Group, Nucor, Stena Metal International, etc. In 2021, the global top five players had a share approximately 4.0% in terms of revenue.
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