Market Forecast By Application (Wire Rod Mills, Brass Mills, Ingot Makers, Foundries and Other Industries) And Competitive Landscape
| Product Code: ETC274345 | Publication Date: Aug 2022 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
According to 6Wresearch internal database and industry insights
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Year | Est. Annual Growth (%) | Growth Drivers |
| 2021 | 5.6% | Increased demand from construction and electronics sectors. |
| 2022 | 6.1% | Boost in industrial production and higher investments in recycling. |
| 2023 | 6.4% | Usage of stricter regulations on waste management and recycling. |
| 2024 | 6.9% | Rising prices of copper and a shift towards eco-friendly manufacturing. |
| 2025 | 7.2% | Growth in renewable energy sector and new advancements in scrap processing technologies. |
The Thailand Copper Scrap Market report thoroughly covers the market by application. It provides an unbiased and detailed analysis of ongoing market trends, opportunities, challenges, and market drivers, helping stakeholders align their strategies with current and future market dynamics.
| Report Name | Thailand Copper Scrap Market |
| Forecast period | 2026-2032 |
| CAGR | 7.6% |
| Growing Sector | Recycling and Sustainability |
Thailand Copper Scrap Market is expected to have significant growth driven by increasing industrial applications, favourable government policies for recycling, and rising demand for copper in many sectors such as electronics, construction, and renewable energy. Copper scrap is a valuable resource for recycling, as it can be used to manufacture new products and reduce the need for virgin copper mining. The market is fuelled by new advancements in scrap recycling technologies, higher investments in recycling infrastructure, and favourable laws on scrap collection and recycling. These factors and growing focus on sustainability, are propelling the Thailand Copper Scrap Industry in the forward direction.
Below mentioned are some prominent drivers and their impact on the Thailand Copper Scrap Market dynamics:
| Drivers | Primary Segment Affected | Why It Matters (Evidence) |
| Government Policies and Incentives | All Segments | Government incentives for recycling and waste management support the usage of copper scrap. |
| Demand from Industrial Sectors | All Segments | High demand from construction, automotive, and electronics sectors increases usage of copper scrap. |
| Technological Advancements in Recycling | Recycling Process | New advancements in copper scrap processing improve yield and reduce prices. |
| High Copper Prices | All Segments | Rising prices of copper increase the demand for recycled copper which also increase the use of copper scrap. |
| Sustainability Initiatives | All Segments | Growing awareness of sustainability and the environmental damage of mining increase the demand for copper scrap. |
Thailand Copper Scrap Market is projected to grow at a CAGR of 7.6% from 2026 to 2032. Some major factors for this growth are government incentives for recycling, the growing demand for copper in many sectors, new advancements in recycling technologies, and rising prices of copper. The usage of eco-friendly manufacturing practices is also a major driver, as industries move toward more environmentally friendly solutions. As the demand for copper scrap continue to increase in major sectors like electronics, construction, and renewable energy, the market is expected to see substantial growth in upcoming years.
Below mentioned are some major restraints and their influence on the Thailand Copper Scrap Market dynamics:
| Restraints | Primary Segment Affected | What This Means (Evidence) |
| High Initial Investment | Recycling Process | Large investment needed for setting up advanced recycling plants. |
| Limited Availability of Scrap Copper | All Segments | Copper scrap availability is dependent on the rate of industrial scrap generation, which can be irregular. |
| Regulatory Challenges | All Segments | Stricter rules in copper scrap collection and recycling may increase operational prices. |
| Low Scrap Collection Rate | All Segments | Inconsistent collection of copper scrap in regions can affect growth of market. |
| Market Price Volatility | All Segments | Changes in copper prices can affect the profitability of recycling operations. |
Thailand Copper Scrap Market faces many challenges such as the high investment for setting up recycling infrastructure, inconsistent supply of copper scrap, and regulatory difficulties. The availability of scrap copper is often affected by many external factors, such as global demand of copper and regional recycling rates. The recycling process needs advanced technology, and not all recycling facilities are equipped to fulfil the growing demand. Despite all these challenges, government policies and new technological advancements continue to push this market in forward direction.
Major trends that are changing the Thailand Copper Scrap Market dynamics are:
Some new investment opportunities in the Thailand Copper Scrap Industry are:
Below is the list of prominent companies leading in the Thailand Copper Scrap Market:
| Company Name | Sims Metal Management |
|---|---|
| Established Year | 2001 |
| Headquarters | Sydney, Australia |
| Website | Click Here |
Sims Metal Management is one of the world’s largest metal recycling companies, dealing with copper scrap collection, processing, and distribution. They offer environmentally responsible recycling solutions.
| Company Name | Aurubis AG |
|---|---|
| Established Year | 1866 |
| Headquarters | Hamburg, Germany |
| Website | Click Here |
Aurubis is a leading global player in the copper industry, involved in the recycling of copper scrap. The company focuses on producing high-quality copper products and advancing sustainable practices in metal recycling.
| Company Name | TKM Recycling |
|---|---|
| Established Year | 1990 |
| Headquarters | Bangkok, Thailand |
| Website | - |
TKM Recycling is a major player in Thailand’s copper scrap recycling market, specializing in the collection, processing, and sale of copper scrap for industrial use.
| Company Name | Boliden Group |
|---|---|
| Established Year | 1924 |
| Headquarters | Stockholm, Sweden |
| Website | Click Here |
Boliden is a multinational company that processes and recycles copper scrap. They operate multiple recycling facilities globally, including in Asia, to recover copper and other valuable metals.
| Company Name | Mitsubishi Materials Corporation |
|---|---|
| Established Year | 1950 |
| Headquarters | Tokyo, Japan |
| Website | Click Here |
Mitsubishi Materials Corporation specializes in the recycling of copper scrap, providing high-quality copper products to various industries, including electronics and construction.
According to Thailand’s Government data, they have introduced many new policies to promote the recycling of copper scrap in Thailand. These programs include incentives for recycling operations, regulatory laws for proper scrap collection, and recycling targets to reduce damage of environment. The Thai government also supports new technological advancements in scrap processing by providing major subsidies and grants. The government has been majorly focusing on improving the infrastructure for scrap collection and processing which makes it easier for industries to fulfil all laws. These efforts are aimed at increasing the efficiency of the recycling process and increasing participation in this circular economy.
Thailand Copper Scrap Market is expected to continue its growth in the upcoming years due to increasing investments in recycling infrastructure, favourable government policies, and new advancements in technology. The market will earn major benefit from high demand for copper in major sectors such as construction, automotive, and electronics. Copper scrap is a valuable resource for recycling, as it is used to manufacture new products and reduce the need for virgin copper mining. The major focus on sustainability and the introduction of new recycling technologies is also expected to increase the Thailand Copper Scrap Market Growth.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Lakshita, Senior Research Analyst, 6Wresearch, Copper scrap is the dominant type in the market due to its recyclability and widespread use in large industries such as construction, electronics, and automotive.
Wire rod mills are the dominant application in the copper scrap market due to their high demand for copper rods used in various industrial applications.
The Thailand Copper Scrap Market report provides a detailed analysis of the following market segments:
| 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 Thailand Copper Scrap Market Overview |
| 3.1 Thailand Country Macro Economic Indicators |
| 3.2 Thailand Copper Scrap Market Revenues & Volume, 2022 & 2032F |
| 3.3 Thailand Copper Scrap Market - Industry Life Cycle |
| 3.4 Thailand Copper Scrap Market - Porter's Five Forces |
| 3.5 Thailand Copper Scrap Market Revenues & Volume Share, By Application, 2022 & 2032F |
| 4 Thailand Copper Scrap Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing demand for copper in industries like construction, electrical equipment, and automotive in Thailand |
| 4.2.2 Growing awareness and adoption of recycling practices leading to higher collection of copper scrap |
| 4.2.3 Favorable government regulations promoting sustainable practices and recycling initiatives in the country |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating global copper prices impacting the profitability of copper scrap recycling businesses in Thailand |
| 4.3.2 Competition from cheaper alternatives like aluminum and plastic affecting the demand for copper scrap |
| 4.3.3 Lack of proper infrastructure and technology for efficient collection and processing of copper scrap in the country |
| 5 Thailand Copper Scrap Market Trends |
| 6 Thailand Copper Scrap Market, By Types |
| 6.1 Thailand Copper Scrap Market, By Application |
| 6.1.1 Overview and Analysis |
| 6.1.2 Thailand Copper Scrap Market Revenues & Volume, By Application, 2022-2032F |
| 6.1.3 Thailand Copper Scrap Market Revenues & Volume, By Wire Rod Mills, 2022-2032F |
| 6.1.4 Thailand Copper Scrap Market Revenues & Volume, By Brass Mills, 2022-2032F |
| 6.1.5 Thailand Copper Scrap Market Revenues & Volume, By Ingot Makers, 2022-2032F |
| 6.1.6 Thailand Copper Scrap Market Revenues & Volume, By Foundries and Other Industries, 2022-2032F |
| 7 Thailand Copper Scrap Market Import-Export Trade Statistics |
| 7.1 Thailand Copper Scrap Market Export to Major Countries |
| 7.2 Thailand Copper Scrap Market Imports from Major Countries |
| 8 Thailand Copper Scrap Market Key Performance Indicators |
| 8.1 Percentage increase in the amount of copper scrap collected annually |
| 8.2 Adoption rate of advanced recycling technologies in the copper scrap industry |
| 8.3 Percentage of copper scrap processed domestically in Thailand |
| 9 Thailand Copper Scrap Market - Opportunity Assessment |
| 9.1 Thailand Copper Scrap Market Opportunity Assessment, By Application, 2022 & 2032F |
| 10 Thailand Copper Scrap Market - Competitive Landscape |
| 10.1 Thailand Copper Scrap Market Revenue Share, By Companies, 2022 & 2032F |
| 10.2 Thailand Copper Scrap Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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