Metal Recycling Market Size to Hit USD 674.71 Billion by 2035

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Metal Recycling Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Metal Recycling Market

5.1. Covid-19: Metal Recycling Industry Impact
5.2. Metal Recycling Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Metal Recycling Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Metal Recycling Vendor to deal with Covid-19 Pandemic Scenario

Chapter 6. Metal Recycling Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. New Awareness Programs for Sustainable Waste Management Practice
6.1.1.2. Metal Recycling Offer Energy Saving Benefits Compared to Mining
6.1.2. Market Restraints
6.1.2.1. Unorganized Waste Collection Procedure Particularly in Developing Countries
6.1.2.2. Regulations Related to Fair and Free trade of Scrap Metals
6.1.3. Market Opportunities
6.1.3.1. Developing of Public and Private Relationship
6.1.3.2. Stringent Government Regulations Regarding Underground Mining and Natural Resource Depletion
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
6.3. PESTEL Analysis

Chapter 7. Global Metal Recycling Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Metal Recycling Market Revenue by Vendor
7.1.1.2. Metal Recycling Market Revenue Market Share by Vendor
7.1.1.3. Metal Recycling Market Production by Vendor
7.1.1.4. Metal Recycling Market Production Market Share by Vendor
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Metal Recycling Market, By Product

8.1. Metal Recycling Market, by Product
8.1.1. Aluminum
8.1.1.1. Market Revenue and Forecast
8.1.1.2. Market Production and Forecast
8.1.2. Steel
8.1.2.1. Market Revenue and Forecast
8.1.2.2. Market Production and Forecast
8.1.3. Copper
8.1.3.1. Market Revenue and Forecast
8.1.3.2. Market Production and Forecast
8.1.4. Others
8.1.4.1. Market Revenue and Forecast
8.1.4.2. Market Production and Forecast

Chapter 9. Global Metal Recycling Market, By Application

9.1. Metal Recycling Market, by Application
9.1.1. Automotive
9.1.1.1. Market Revenue and Forecast
9.1.1.2. Market Consumption and Forecast
9.1.2. Construction
9.1.2.1. Market Revenue and Forecast
9.1.2.2. Market Consumption and Forecast
9.1.3. Industrial Goods
9.1.3.1. Market Revenue and Forecast
9.1.3.2. Market Consumption and Forecast
9.1.4. Consumer Goods
9.1.4.1. Market Revenue and Forecast
9.1.4.2. Market Consumption and Forecast
9.1.5. Others
9.1.5.1. Market Revenue and Forecast
9.1.5.2. Market Consumption and Forecast

Chapter 10. Global Metal Recycling Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Production Forecast by Product
10.1.2. Market Revenue and Consumption Forecast by Application
10.1.3. U.S
10.1.3.1. Market Revenue and Production Forecast
10.1.3.2. Market Revenue and Consumption Forecast
10.1.4. Canada
10.1.4.1. Market Revenue and Production Forecast
10.1.4.2. Market Revenue and Consumption Forecast
10.2. Europe
10.2.1. Market Revenue and Production Forecast by Product
10.2.2. Market Revenue and Consumption Forecast by Application
10.2.3. UK
10.2.3.1. Market Revenue and Production Forecast
10.2.3.2. Market Revenue and Consumption Forecast
10.2.4. Germany
10.2.4.1. Market Revenue and Production Forecast
10.2.4.2. Market Revenue and Consumption Forecast
10.2.5. France
10.2.5.1. Market Revenue and Production Forecast
10.2.5.2. Market Revenue and Consumption Forecast
10.2.6. Rest of EU
10.2.6.1. Market Revenue and Production Forecast
10.2.6.2. Market Revenue and Consumption Forecast
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue and Production Forecast by Product
10.3.2. Market Revenue and Consumption Forecast by Application
10.3.3. China
10.3.3.1. Market Revenue and Production Forecast
10.3.3.2. Market Revenue and Consumption Forecast
10.3.4. India
10.3.4.1. Market Revenue and Production Forecast
10.3.4.2. Market Revenue and Consumption Forecast
10.3.5. Japan
10.3.5.1. Market Revenue and Production Forecast
10.3.5.2. Market Revenue and Consumption Forecast
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Production Forecast
10.3.6.2. Market Revenue and Consumption Forecast
10.4. LATAM
10.4.1. Market Revenue and Production Forecast by Product
10.4.2. Market Revenue and Consumption Forecast by Application
10.4.3. Brazil
10.4.3.1. Market Revenue and Production Forecast
10.4.3.2. Market Revenue and Consumption Forecast
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue and Production Forecast
10.4.4.2. Market Revenue and Consumption Forecast
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue and Production Forecast by Product
10.5.2. Market Revenue and Consumption Forecast by Application
10.5.3. GCC
10.5.3.1. Market Revenue and Production Forecast
10.5.3.2. Market Revenue and Consumption Forecast
10.5.4. North Africa
10.5.4.1. Market Revenue and Production Forecast
10.5.4.2. Market Revenue and Consumption Forecast
10.5.5. South Africa
10.5.5.1. Market Revenue and Production Forecast
10.5.5.2. Market Revenue and Consumption Forecast
10.5.6. Rest of MEA
10.5.6.1. Market Revenue and Production Forecast
10.5.6.2. Market Revenue and Consumption Forecast

Chapter 11. Company Profiles

11.1. GFG Alliance
11.1.1. Company Overview, Business Information, Manufacturing Area
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Production Capacity, Price and Gross Margin
11.1.4. Recent Developments and Strategies
11.2. European Metal Recycling
11.2.1. Company Overview, Business Information, Manufacturing Area
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Production Capacity, Price and Gross Margin
11.2.4. Recent Developments and Strategies
11.3. CMC Recycling
11.3.1. Company Overview, Business Information, Manufacturing Area
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Production Capacity, Price and Gross Margin
11.3.4. Recent Developments and Strategies
11.4. Kimmel Scrap Iron & Metal Co. Inc.
11.4.1. Company Overview, Business Information, Manufacturing Area
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Production Capacity, Price and Gross Margin
11.4.4. Recent Developments and Strategies
11.5. Norsk Hydro ASA
11.5.1. Company Overview, Business Information, Manufacturing Area
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Production Capacity, Price and Gross Margin
11.5.4. Recent Developments and Strategies
11.6. Schnitzer Steel Industries, Inc.
11.6.1. Company Overview, Business Information, Manufacturing Area
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Production Capacity, Price and Gross Margin
11.6.4. Recent Developments and Strategies
11.7. Tata Steel
11.7.1. Company Overview, Business Information, Manufacturing Area
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Production Capacity, Price and Gross Margin
11.7.4. Recent Developments and Strategies
11.8. Novelis
11.8.1. Company Overview, Business Information, Manufacturing Area
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Application
11.8.3. Revenue, Production Capacity, Price and Gross Margin
11.8.4. Recent Developments and Strategies
11.9. Utah Metal Works
11.9.1. Company Overview, Business Information, Manufacturing Area
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Application
11.9.3. Revenue, Production Capacity, Price and Gross Margin
11.9.4. Recent Developments and Strategies
11.10. Sims Metal Management Limited
11.10.1. Company Overview, Business Information, Manufacturing Area
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Application
11.10.3. Revenue, Production Capacity, Price and Gross Margin
11.10.4. Recent Developments and Strategies

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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Frequently Asked Questions

The global metal recycling market size is valued at USD 318.85 billion in 2025 and expected to reach USD 674.71 billion by 2035.

The global metal recycling market is rising at a compound annual growth rate (CAGR) of 7.78% during the forecast period 2026 to 2035

Steel emerged as a dominating product segment in 2025 in the same year owing to large-scale utilization of the product in automotive, construction, and consumer goods industries.

The construction segment dominated the global metal recycling market in 2025 owing to flourishing growth in urbanization.

The Asia Pacific emerged as the global leader and accounted for over 51% of total value in 2025 attributed to the high production of metal in the region.

Some of the key players operating in the market are GFG Alliance, European Metal Recycling, CMC Recycling, Kimmel Scrap Iron & Metal Co. Inc., Norsk Hydro ASA, Schnitzer Steel Industries, Inc., Tata Steel, Novelis, Utah Metal Works, and Sims Metal Management Limited among others.

Rising urbanization and industrialization across the globe accounted as the major factor that propels the growth of metal recycling industry over the coming years. This trend has significantly prospered the growth numerous industries that include automotive, construction, consumer goods, packaging, ship building, equipment manufacturing, and many others that have notable usage of metals across different applications that further drives the overall market growth. Apart from the application of recycled metals, growing emphasis of governments of various regions toward sustainable waste management along with conservation of natural resources expected to be the other main factors that fuel that market growth for metal recycling over the upcoming years.

Metal recycling refers to the reprocessing of waste metals into valuables in order to preserve natural resource, reduce greenhouse gas emission levels, and to manage the energy consumption level. This recycling process over metals can be repeated several times without altering their properties.