Product Code: ETC274343 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
South Korea Copper Scrap market currently, in 2023, has witnessed an HHI of 707, Which has increased slightly as compared to the HHI of 449 in 2017. The market is moving towards highly competitive. 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 South Korea supports metal recycling and sustainable resource management across manufacturing and construction sectors. Market dynamics include scrap collection, processing technologies, and global supply chain integration to meet copper demand and environmental regulations.
The South Korea Copper Scrap Market is growing due to the rising emphasis on recycling and sustainable resource management. Increasing industrialization and the need for cost-effective raw materials support market expansion.
Managing recycling processes and environmental sustainability, ensuring metal purity and supply chain transparency, and addressing global trade regulations pose challenges in the copper scrap market in South Korea. Scrap recyclers must innovate in scrap sorting and processing technologies, support circular economy initiatives, and collaborate with metal refiners to meet industry demands for recycled copper materials that reduce environmental impact and support sustainable resource management practices.
In South Korea, government policies impacting the copper scrap market focus on metal recycling, resource conservation, and environmental sustainability. Policies regulate scrap metal collection, processing methods, and export restrictions. Incentives are provided for establishing recycling facilities, promoting circular economy initiatives, and compliance with waste management regulations.
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 South Korea Copper Scrap Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Copper Scrap Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Copper Scrap Market - Industry Life Cycle |
3.4 South Korea Copper Scrap Market - Porter's Five Forces |
3.5 South Korea Copper Scrap Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 South Korea Copper Scrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for copper in various industries such as electronics, construction, and automotive |
4.2.2 Favorable government regulations promoting recycling and sustainability |
4.2.3 Growing awareness about the environmental benefits of using recycled copper scrap |
4.3 Market Restraints |
4.3.1 Fluctuating global copper prices affecting the profitability of copper scrap recycling |
4.3.2 Competition from other materials like aluminum impacting the demand for copper scrap |
4.3.3 Challenges in collection and sorting of copper scrap leading to supply chain disruptions |
5 South Korea Copper Scrap Market Trends |
6 South Korea Copper Scrap Market, By Types |
6.1 South Korea Copper Scrap Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 South Korea Copper Scrap Market Revenues & Volume, By Application, 2018 - 2028F |
6.1.3 South Korea Copper Scrap Market Revenues & Volume, By Wire Rod Mills, 2018 - 2028F |
6.1.4 South Korea Copper Scrap Market Revenues & Volume, By Brass Mills, 2018 - 2028F |
6.1.5 South Korea Copper Scrap Market Revenues & Volume, By Ingot Makers, 2018 - 2028F |
6.1.6 South Korea Copper Scrap Market Revenues & Volume, By Foundries and Other Industries, 2018 - 2028F |
7 South Korea Copper Scrap Market Import-Export Trade Statistics |
7.1 South Korea Copper Scrap Market Export to Major Countries |
7.2 South Korea Copper Scrap Market Imports from Major Countries |
8 South Korea Copper Scrap Market Key Performance Indicators |
8.1 Average selling price of copper scrap in the South Korean market |
8.2 Volume of copper scrap imports and exports |
8.3 Percentage of copper scrap recycled compared to total copper consumption |
8.4 Efficiency of copper scrap collection and recycling processes |
8.5 Adoption rate of sustainable practices in the copper scrap industry |
9 South Korea Copper Scrap Market - Opportunity Assessment |
9.1 South Korea Copper Scrap Market Opportunity Assessment, By Application, 2021 & 2028F |
10 South Korea Copper Scrap Market - Competitive Landscape |
10.1 South Korea Copper Scrap Market Revenue Share, By Companies, 2021 |
10.2 South Korea Copper Scrap Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |