Product Code: ETC5145386 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada Copper Scrap market currently, in 2023, has witnessed an HHI of 9585, Which has increased slightly as compared to the HHI of 8243 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 Canada is growing as recycling practices become more prevalent and the demand for recycled copper increases. Copper scrap, which includes discarded copper materials from various sources, is processed and reused to produce new copper products. The market is influenced by factors such as recycling regulations, the need for sustainable resource management, and fluctuations in copper prices.
The copper scrap market in Canada is expanding due to the growing emphasis on recycling and sustainability. As industries increasingly seek to reduce their environmental impact, the demand for recycled copper is rising. The market is further driven by the high value of copper and its widespread use in electrical, construction, and industrial applications.
The copper scrap market in Canada faces challenges including fluctuating global copper prices, environmental regulations on metal recycling, and the complexity of managing the scrap collection and processing infrastructure. Additionally, competition from cheaper imported scrap metals adds to market pressure.
Government policies affecting the copper scrap market in Canada focus on recycling regulations, environmental impact, and material safety. Regulations ensure that copper scrap recycling meets performance and environmental criteria. Policies promoting advancements in recycling technologies and sustainable practices drive demand for effective and eco-friendly copper scrap solutions. Government support for waste management and recycling initiatives influences market development.
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 Canada Copper Scrap Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Copper Scrap Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Copper Scrap Market - Industry Life Cycle |
3.4 Canada Copper Scrap Market - Porter's Five Forces |
3.5 Canada Copper Scrap Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada 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 implementation of sustainable practices leading to higher recycling rates of copper scrap. |
4.2.3 Fluctuating prices of primary copper encouraging the use of recycled copper scrap. |
4.3 Market Restraints |
4.3.1 Volatility in global copper prices impacting the profitability of copper scrap recycling. |
4.3.2 Regulatory challenges and environmental standards affecting the operations of copper scrap recyclers. |
4.3.3 Competition from other materials such as aluminum and steel posing a threat to the copper scrap market. |
5 Canada Copper Scrap Market Trends |
6 Canada Copper Scrap Market Segmentations |
6.1 Canada Copper Scrap Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Canada Copper Scrap Market Revenues & Volume, By Wire Rod Mills, 2021-2031F |
6.1.3 Canada Copper Scrap Market Revenues & Volume, By Brass Mills, 2021-2031F |
6.1.4 Canada Copper Scrap Market Revenues & Volume, By Ingot Makers, 2021-2031F |
6.1.5 Canada Copper Scrap Market Revenues & Volume, By Foundries and Other Industries, 2021-2031F |
7 Canada Copper Scrap Market Import-Export Trade Statistics |
7.1 Canada Copper Scrap Market Export to Major Countries |
7.2 Canada Copper Scrap Market Imports from Major Countries |
8 Canada Copper Scrap Market Key Performance Indicators |
8.1 Average price of copper scrap in Canada. |
8.2 Percentage of copper scrap recycled compared to total copper consumption. |
8.3 Number of new entrants in the copper scrap recycling industry. |
8.4 Technological advancements in copper scrap recycling processes. |
8.5 Amount of copper scrap exported/imported in Canada. |
9 Canada Copper Scrap Market - Opportunity Assessment |
9.1 Canada Copper Scrap Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Copper Scrap Market - Competitive Landscape |
10.1 Canada Copper Scrap Market Revenue Share, By Companies, 2024 |
10.2 Canada Copper Scrap Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |