Product Code: ETC13285378 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Aluminium Scrap Market was valued at USD 5 Billion in 2024 and is expected to reach USD 9.1 Billion by 2031, growing at a compound annual growth rate of 10.50% during the forecast period (2025-2031).
The global aluminium scrap market is experiencing steady growth fueled by the increasing demand for recycled aluminium across various industries such as automotive, construction, packaging, and electronics. The push towards sustainability and environmental consciousness is driving the adoption of aluminium scrap as a cost-effective and eco-friendly alternative to primary aluminium production. Key factors influencing the market include stringent environmental regulations, fluctuating prices of primary aluminium, and technological advancements in recycling processes. The market is characterized by a competitive landscape with key players focusing on strategic partnerships, acquisitions, and investments in recycling facilities to expand their market presence. However, challenges such as quality concerns, collection logistics, and trade barriers pose potential obstacles to market growth. Overall, the global aluminium scrap market is poised for further expansion as industries increasingly embrace the circular economy and sustainable practices.
The Global Aluminium Scrap Market is witnessing an upward trend due to the growing focus on sustainable practices and the increasing demand for recycled materials in various industries. The shift towards a circular economy and the emphasis on reducing carbon footprint have boosted the demand for aluminium scrap as a cost-effective and eco-friendly alternative to primary aluminium production. Additionally, the automotive and construction sectors are driving the market growth by incorporating recycled aluminium into their manufacturing processes. Opportunities in the market lie in expanding recycling infrastructure, technological advancements in sorting and processing techniques, and collaborations between industry players to streamline the supply chain. Overall, the Global Aluminium Scrap Market presents promising opportunities for growth and innovation in the coming years.
The Global Aluminium Scrap Market faces several challenges including fluctuating scrap metal prices influenced by economic conditions and supply chain disruptions, stringent environmental regulations impacting scrap collection and processing operations, and competition from primary aluminium producers offering lower prices. Additionally, issues related to the quality and consistency of aluminium scrap, logistical constraints in transporting scrap materials, and limited awareness about the benefits of recycling aluminium contribute to the challenges faced by the market. Market participants also encounter difficulties in establishing efficient recycling infrastructure and technologies to meet the growing demand for recycled aluminium products, further complicating the market landscape. Overall, navigating these challenges requires strategic planning, innovation, and collaboration among industry stakeholders to ensure sustainable growth and development in the Global Aluminium Scrap Market.
The Global Aluminium Scrap Market is primarily driven by the increasing demand for recycled aluminium due to its sustainability and cost-effectiveness compared to primary aluminium production. The growing focus on environmental sustainability and circular economy practices is encouraging industries to use aluminium scrap as a raw material, thus reducing energy consumption and greenhouse gas emissions. Additionally, regulatory policies promoting recycling and the expanding automotive and construction sectors are boosting the demand for aluminium scrap. The market is also influenced by the rising awareness among consumers regarding the benefits of using recycled aluminium products, driving manufacturers to incorporate more recycled content in their production processes. Overall, the Global Aluminium Scrap Market is expected to witness continued growth due to these driving factors.
Government policies related to the Global Aluminium Scrap Market vary by country, but some common themes include regulations on scrap collection, processing, and trading to promote environmental sustainability and resource conservation. Many countries have established recycling targets and incentives to encourage the recycling of aluminium scrap, as well as import and export regulations to ensure fair trade practices and quality standards. Additionally, some governments provide financial support or tax incentives for businesses engaged in aluminium scrap recycling to stimulate market growth and reduce dependence on primary aluminium production. Overall, government policies in the Global Aluminium Scrap Market aim to promote a circular economy, minimize waste generation, and mitigate the environmental impact of aluminium production and consumption.
The Global Aluminium Scrap Market is expected to witness steady growth in the coming years due to the increasing focus on sustainability and the rising demand for recycled materials in various industries. The push towards a circular economy, coupled with stringent environmental regulations, is driving the adoption of aluminium scrap as a cost-effective and eco-friendly alternative to primary aluminium production. Additionally, the expanding automotive, construction, and packaging sectors are likely to further boost the demand for aluminium scrap. However, challenges such as fluctuating raw material prices, trade tensions, and the impact of the COVID-19 pandemic on supply chains may pose temporary obstacles to market growth. Overall, the Global Aluminium Scrap Market is poised for expansion, driven by sustainability initiatives and the shift towards a more resource-efficient economy.
In the Global Aluminium Scrap Market, Asia is anticipated to dominate due to the presence of major aluminum producers like China and India. North America is expected to witness steady growth driven by the increasing emphasis on sustainability and recycling practices. Europe is likely to experience a shift towards a circular economy, boosting the demand for aluminum scrap. The Middle East and Africa region is projected to show moderate growth as industries focus on reducing their carbon footprint. Latin America is expected to see a rise in aluminum scrap demand due to the expanding automotive and construction sectors. Overall, the global aluminum scrap market is set to grow with increasing awareness about environmental sustainability and the benefits of recycling within these regions.
Global Aluminium Scrap Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Aluminium Scrap Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Aluminium Scrap Market Revenues & Volume, 2021 & 2031F |
3.3 Global Aluminium Scrap Market - Industry Life Cycle |
3.4 Global Aluminium Scrap Market - Porter's Five Forces |
3.5 Global Aluminium Scrap Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Aluminium Scrap Market Revenues & Volume Share, By Scrap Type, 2021 & 2031F |
3.7 Global Aluminium Scrap Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Global Aluminium Scrap Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.9 Global Aluminium Scrap Market Revenues & Volume Share, By Processing Type, 2021 & 2031F |
3.10 Global Aluminium Scrap Market Revenues & Volume Share, By Purity Level, 2021 & 2031F |
4 Global Aluminium Scrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Aluminium Scrap Market Trends |
6 Global Aluminium Scrap Market, 2021 - 2031 |
6.1 Global Aluminium Scrap Market, Revenues & Volume, By Scrap Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Aluminium Scrap Market, Revenues & Volume, By New Scrap, 2021 - 2031 |
6.1.3 Global Aluminium Scrap Market, Revenues & Volume, By Old Scrap, 2021 - 2031 |
6.1.4 Global Aluminium Scrap Market, Revenues & Volume, By Mixed Scrap, 2021 - 2031 |
6.2 Global Aluminium Scrap Market, Revenues & Volume, By End-Use, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Aluminium Scrap Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.2.3 Global Aluminium Scrap Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.2.4 Global Aluminium Scrap Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Aluminium Scrap Market, Revenues & Volume, By Source, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Aluminium Scrap Market, Revenues & Volume, By Manufacturing Waste, 2021 - 2031 |
6.3.3 Global Aluminium Scrap Market, Revenues & Volume, By Demolition Waste, 2021 - 2031 |
6.3.4 Global Aluminium Scrap Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Aluminium Scrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Aluminium Scrap Market, Revenues & Volume, By Sorting, 2021 - 2031 |
6.4.3 Global Aluminium Scrap Market, Revenues & Volume, By Melting, 2021 - 2031 |
6.4.4 Global Aluminium Scrap Market, Revenues & Volume, By Others, 2021 - 2031 |
6.5 Global Aluminium Scrap Market, Revenues & Volume, By Purity Level, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Aluminium Scrap Market, Revenues & Volume, By High Purity, 2021 - 2031 |
6.5.3 Global Aluminium Scrap Market, Revenues & Volume, By Medium Purity, 2021 - 2031 |
6.5.4 Global Aluminium Scrap Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Aluminium Scrap Market, Overview & Analysis |
7.1 North America Aluminium Scrap Market Revenues & Volume, 2021 - 2031 |
7.2 North America Aluminium Scrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Aluminium Scrap Market, Revenues & Volume, By Scrap Type, 2021 - 2031 |
7.4 North America Aluminium Scrap Market, Revenues & Volume, By End-Use, 2021 - 2031 |
7.5 North America Aluminium Scrap Market, Revenues & Volume, By Source, 2021 - 2031 |
7.6 North America Aluminium Scrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
7.7 North America Aluminium Scrap Market, Revenues & Volume, By Purity Level, 2021 - 2031 |
8 Latin America (LATAM) Aluminium Scrap Market, Overview & Analysis |
8.1 Latin America (LATAM) Aluminium Scrap Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Aluminium Scrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Aluminium Scrap Market, Revenues & Volume, By Scrap Type, 2021 - 2031 |
8.4 Latin America (LATAM) Aluminium Scrap Market, Revenues & Volume, By End-Use, 2021 - 2031 |
8.5 Latin America (LATAM) Aluminium Scrap Market, Revenues & Volume, By Source, 2021 - 2031 |
8.6 Latin America (LATAM) Aluminium Scrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
8.7 Latin America (LATAM) Aluminium Scrap Market, Revenues & Volume, By Purity Level, 2021 - 2031 |
9 Asia Aluminium Scrap Market, Overview & Analysis |
9.1 Asia Aluminium Scrap Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Aluminium Scrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Aluminium Scrap Market, Revenues & Volume, By Scrap Type, 2021 - 2031 |
9.4 Asia Aluminium Scrap Market, Revenues & Volume, By End-Use, 2021 - 2031 |
9.5 Asia Aluminium Scrap Market, Revenues & Volume, By Source, 2021 - 2031 |
9.6 Asia Aluminium Scrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
9.7 Asia Aluminium Scrap Market, Revenues & Volume, By Purity Level, 2021 - 2031 |
10 Africa Aluminium Scrap Market, Overview & Analysis |
10.1 Africa Aluminium Scrap Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Aluminium Scrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Aluminium Scrap Market, Revenues & Volume, By Scrap Type, 2021 - 2031 |
10.4 Africa Aluminium Scrap Market, Revenues & Volume, By End-Use, 2021 - 2031 |
10.5 Africa Aluminium Scrap Market, Revenues & Volume, By Source, 2021 - 2031 |
10.6 Africa Aluminium Scrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
10.7 Africa Aluminium Scrap Market, Revenues & Volume, By Purity Level, 2021 - 2031 |
11 Europe Aluminium Scrap Market, Overview & Analysis |
11.1 Europe Aluminium Scrap Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Aluminium Scrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Aluminium Scrap Market, Revenues & Volume, By Scrap Type, 2021 - 2031 |
11.4 Europe Aluminium Scrap Market, Revenues & Volume, By End-Use, 2021 - 2031 |
11.5 Europe Aluminium Scrap Market, Revenues & Volume, By Source, 2021 - 2031 |
11.6 Europe Aluminium Scrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
11.7 Europe Aluminium Scrap Market, Revenues & Volume, By Purity Level, 2021 - 2031 |
12 Middle East Aluminium Scrap Market, Overview & Analysis |
12.1 Middle East Aluminium Scrap Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Aluminium Scrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Aluminium Scrap Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Aluminium Scrap Market, Revenues & Volume, By Scrap Type, 2021 - 2031 |
12.4 Middle East Aluminium Scrap Market, Revenues & Volume, By End-Use, 2021 - 2031 |
12.5 Middle East Aluminium Scrap Market, Revenues & Volume, By Source, 2021 - 2031 |
12.6 Middle East Aluminium Scrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
12.7 Middle East Aluminium Scrap Market, Revenues & Volume, By Purity Level, 2021 - 2031 |
13 Global Aluminium Scrap Market Key Performance Indicators |
14 Global Aluminium Scrap Market - Export/Import By Countries Assessment |
15 Global Aluminium Scrap Market - Opportunity Assessment |
15.1 Global Aluminium Scrap Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Aluminium Scrap Market Opportunity Assessment, By Scrap Type, 2021 & 2031F |
15.3 Global Aluminium Scrap Market Opportunity Assessment, By End-Use, 2021 & 2031F |
15.4 Global Aluminium Scrap Market Opportunity Assessment, By Source, 2021 & 2031F |
15.5 Global Aluminium Scrap Market Opportunity Assessment, By Processing Type, 2021 & 2031F |
15.6 Global Aluminium Scrap Market Opportunity Assessment, By Purity Level, 2021 & 2031F |
16 Global Aluminium Scrap Market - Competitive Landscape |
16.1 Global Aluminium Scrap Market Revenue Share, By Companies, 2024 |
16.2 Global Aluminium Scrap Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |