The Recycled Metal Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Recycled Metal Market?
The market size of recycled metal has been seeing consistent growth in the past few years. It is predicted to increase from $71.97 billion in 2024 to $75.47 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%. The historical growth trend in the Recycled Metal market has been progressively upward.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Recycled Metal Industry?
The Recycled Metal market is projected to reach $99.13 billion in size by 2029, growing at a compound annual growth rate (CAGR) of 7.1%.
Download Your Free Sample of the 2025 Recycled Metal Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Recycled Metal Market?
The key drivers in the recycled metal market are:
• Rising adoption of green manufacturing practices
• Steady investments in waste management infrastructure
• Growth of corporate sustainability commitments
• Heightened concerns over resource scarcity
Global Market Segmentation: Identifying Major Recycled Metal Industry Segments
The recycled metal market covered in this report is segmented –
1) By Product: Steel, Aluminum, Copper, Other Products
2) By Metal: Ferrous, Non-Ferrous, Precious Metals
3) By End-User: Construction, Transport And Automotive, Industrial Machinery, Electronics, Defense, Packaging, Military, Consumer Goods, Other End-Users
Pre-order the 2025 Recycled Metal Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Recycled Metal Market?
The key trends in the recycled metal market are:
• The promotion of the circular economy is a notable emerging trend.
• Government regulations are beginning to significantly shape market trends.
• The market is being influenced increasingly by resource scarcity concerns.
• The practice of green building is becoming a significant trend.
Who Are the Top Competitors & Leading Players in the Recycled Metal Market?
Major companies in the recycled metal market are:
• ArcelorMittal S.A.
• Nucor Corporation
• Commercial Metals Company
• Sims Metal Management Limited
• Aurubis AG
• Novelis Inc.
• ELG Haniel Group
• Kuusakoski Group Oy
• Tata Steel Ltd.
• Steel Dynamics Inc.
• Norsk Hydro ASA
• GFG Alliances
• China Baowu Group
• HKS Scrap Metals B.V.
• AMG Resources Corporation
• European Metal Recycling
• Schnitzer Steel Industries Inc.
• OmniSource Corporation
• Alter Trading Corporation
• Ferrous Processing & Trading Co.
• Metal Management Inc.
• Tube City IMS LLC
• SA Recycling LLC
• Upstate Shredding LLC
• PSC Metals Inc.
• American Iron & Metal Company
• Southern Recycling LLC
• Gerdau S.A.
• Dowa Holdings Co. Ltd.
• Liberty Steel Group
• Sims Limited
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the recycled metal market in 2024
