Product Code: ETC5145376 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Benin Copper Scrap market currently, in 2023, has witnessed an HHI of 6967, Which has decreased moderately as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Copper Scrap market in Benin involves the recycling and trading of scrap copper. This market supports the metals industry by providing raw materials for the production of new copper products, promoting sustainability, and reducing the need for virgin copper extraction.
The copper scrap market in Benin is influenced by the recycling industry`s growth and the increasing focus on sustainable practices. The demand for recycled copper in various industrial applications, including manufacturing and construction, drives the market. Additionally, government regulations promoting recycling and waste management contribute to market development. The fluctuation in copper prices and the availability of scrap material also impact the market.
The copper scrap market is challenged by fluctuating demand and regulatory changes. Changes in environmental regulations can affect the sourcing and processing of scrap materials. Additionally, market dynamics can lead to price volatility, impacting both suppliers and recyclers.
The government supports the copper scrap market by encouraging recycling and proper waste management practices. Policies are aimed at promoting the sustainable use of copper resources and reducing environmental impact.
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 Benin Copper Scrap Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Copper Scrap Market Revenues & Volume, 2021 & 2031F |
3.3 Benin Copper Scrap Market - Industry Life Cycle |
3.4 Benin Copper Scrap Market - Porter's Five Forces |
3.5 Benin Copper Scrap Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Benin Copper Scrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for copper in various industries such as construction, electronics, and automotive |
4.2.2 Growing awareness and focus on sustainable and environmentally friendly practices, leading to higher demand for recycled copper scrap |
4.2.3 Rising prices of primary copper, making copper scrap a more cost-effective alternative |
4.3 Market Restraints |
4.3.1 Fluctuating global copper prices impacting the profitability of copper scrap recycling businesses |
4.3.2 Lack of proper infrastructure and technology for efficient collection, sorting, and processing of copper scrap |
4.3.3 Competition from other metal scrap markets such as aluminum and steel affecting the market share of copper scrap |
5 Benin Copper Scrap Market Trends |
6 Benin Copper Scrap Market Segmentations |
6.1 Benin Copper Scrap Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Benin Copper Scrap Market Revenues & Volume, By Wire Rod Mills, 2021-2031F |
6.1.3 Benin Copper Scrap Market Revenues & Volume, By Brass Mills, 2021-2031F |
6.1.4 Benin Copper Scrap Market Revenues & Volume, By Ingot Makers, 2021-2031F |
6.1.5 Benin Copper Scrap Market Revenues & Volume, By Foundries and Other Industries, 2021-2031F |
7 Benin Copper Scrap Market Import-Export Trade Statistics |
7.1 Benin Copper Scrap Market Export to Major Countries |
7.2 Benin Copper Scrap Market Imports from Major Countries |
8 Benin Copper Scrap Market Key Performance Indicators |
8.1 Average selling price of copper scrap in the Benin market |
8.2 Percentage of copper scrap recycled compared to total copper consumption in Benin |
8.3 Number of partnerships or collaborations with industries promoting the use of recycled copper scrap |
9 Benin Copper Scrap Market - Opportunity Assessment |
9.1 Benin Copper Scrap Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Benin Copper Scrap Market - Competitive Landscape |
10.1 Benin Copper Scrap Market Revenue Share, By Companies, 2024 |
10.2 Benin Copper Scrap Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |