How big is the aluminium scrap market | Size & Industry Trends 2025

Q: What factors propels the aluminium scrap market?

Surging demand for sustainable and cost-effective raw materials and advancements in recycling technologies are the key factors propelling growth.

Q: Who are the key players in the Aluminium scrap market?

Sims Limited, Novelis Inc., Norsk Hydro ASA, Kuusakoski Group, and others.

Q: What is the projected value of the aluminium scrap market by 2031?

By 2031, the aluminium scrap market is projected to exceed USD 25.4 billion.

Q: Which industries are heavily using aluminium scrap?

Key industries include automotive, construction, aerospace, and consumer packaging.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA4995

Publication Date: Jul 2025

How Big Is the Aluminium Scrap Market?

According to 6Wresearch internal database and industry insights, the Global aluminium scrap market was estimated at USD 16.8 billion in 2024 and is anticipated to surpass USD 25.4 billion by 2031, growing at a CAGR of 9.5%.

This expansion is fueled by surging demand for sustainable and cost-effective raw materials, stringent regulations on carbon emissions, and rising usage of secondary aluminium in automotive, construction, and packaging sectors.

Growth Factors of the Aluminium Scrap Market

Energy-intensive nature of primary aluminium production, encouraging scrap usage
Surging global demand for low-carbon aluminium across industrial applications.
Rapid industrialization and urbanization driving construction scrap generation.
Increasing focus on circular economy and zero-waste manufacturing practices.
Expanding cost efficiency and energy savings from recycled aluminium vs virgin production.
Technological advancements in sorting and processing aluminium scrap.

Aluminium Scrap Market Trends

Aluminium scrap market dynamics are shifting rapidly due to green policies, corporate ESG commitments, and innovation in material recovery facilities. Modern recycling infrastructure is enabling efficient extraction of high-purity scrap. Additionally, growing demand from electric vehicles and infrastructure sectors is opening new avenues for post-consumer and industrial scrap streams. Industry leaders are focusing on integrating AI and robotics into the recycling chain to enhance precision and throughput.

Emerging Developments in Aluminium Scrap Market

Aluminium Scrap Market is witnessing strong momentum toward digital tracking of scrap sources, cross-border scrap trading regulations, and partnerships between manufacturers and recyclers. Use of blockchain for traceability, automation of sorting technologies, and direct molten metal recycling are emerging as transformative trends. The rise of green aluminium certifications is pushing producers to include higher percentages of scrap in their material mix.