Belgium Copper Scrap Market Size & Outlook, 2026-2033
Global Market
Related Markets
Belgium copper scrap market highlights
- The Belgium copper scrap market generated a revenue of USD 358.0 million in 2025 and is expected to reach USD 641.6 million by 2033.
- The Belgium market is expected to grow at a CAGR of 7.8% from 2026 to 2033.
- In terms of segment, new scrap was the largest revenue generating feed material in 2025.
- Old Scrap is the most lucrative feed material segment registering the fastest growth during the forecast period.
Copper scrap market data book summary
| Market revenue in 2025 | USD 358.0 million |
| Market revenue in 2033 | USD 641.6 million |
| Growth rate | 7.8% (CAGR from 2026 to 2033) |
| Largest segment | New scrap |
| Fastest growing segment | Old Scrap |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Old Scrap, New Scrap |
| Key market players worldwide | Aurubis AG, Commercial Metals Co, Glencore PLC, OmniSource Corporation, Ames Copper Group, Jain Metal Group |
Other key industry trends
- In terms of revenue, Belgium accounted for 0.9% of the global copper scrap market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Europe, Germany copper scrap market is projected to lead the regional market in terms of revenue in 2033.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 1,070.7 million by 2033.
According to the Belgian Stability Programmer 2022-2025 report released by the European Commission in 2022, the GDP growth of the country was revised downward to 2.4% in 2022 and is projected to have become 1.5% in 2023. The key factor was the Russia-Ukraine conflict that had a serious impact on the energy prices, and the price of goods produced in the country.
As a foreword to the country’s initiative to regain economic growth, construction activity has been revived. The current priority for the government is to maintain efficiency in material management to achieve a circular economy. In line with this, several companies have been investing in the country to set up new recycling facilities.
For instance, in March 2023, Aurubis, a copper recycling company, commenced the construction of its new recycling facility in Olen, Belgium, for an investment of EUR 70 million (~ USD 75.2 million). The plant is expected to be commissioned in the second half of 2024.
No credit card required*
Publish Date: Mar 25, 2026
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Copper Scrap Market Scope
Copper Scrap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Commercial Metals Co | View profile | 13,022 | 6565 North MacArthur Boulevard, Irving, TX, United States, 75039 | www.cmc.com |
| OmniSource Corporation | View profile | 1001-5000 | Fort Wayne, Indiana, United States, North America | www.omnisource.com/ |
| Glencore PLC | View profile | 83,426 | Baarermattstrasse 3, Baar, Switzerland, CH-6340 | www.glencore.com |
| Aurubis AG | View profile | 7,305 | Hovestrasse 50, Hamburg, BY, Germany, 20539 | www.aurubis.com |
| Ames Copper Group | View profile | 51-100 | Shelby, North Carolina, United States, North America | www.amescoppergroup.com |
| Jain Metal Group | View profile | 1001-5000 | Chennai, Tamil Nadu, India, Asia | jainmetalgroup.com |
Belgium Copper Scrap Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Copper Scrap Market Outlook will help companies and investors design strategic landscapes.
New Scrap was the largest segment with a revenue share of 88.94% in 2025.
Horizon Databook has segmented the Belgium copper scrap market based on old scrap, new scrap covering the revenue growth of each sub-segment from 2021 to 2033.
According to the Belgian Stability Programmer 2022-2025 report released by the European Commission in 2022, the GDP growth of the country was revised downward to 2.4% in 2022 and is projected to have become 1.5% in 2023. The key factor was the Russia-Ukraine conflict that had a serious impact on the energy prices, and the price of goods produced in the country.
As a foreword to the country’s initiative to regain economic growth, construction activity has been revived. The current priority for the government is to maintain efficiency in material management to achieve a circular economy. In line with this, several companies have been investing in the country to set up new recycling facilities.
For instance, in March 2023, Aurubis, a copper recycling company, commenced the construction of its new recycling facility in Olen, Belgium, for an investment of EUR 70 million (~ USD 75.2 million). The plant is expected to be commissioned in the second half of 2024.
- Belgium Copper Scrap Market Feed Material Outlook (Revenue, USD Million , 2021-2033)
- Old Scrap
- New Scrap
- Belgium Copper Scrap Market Scrap Grade Outlook (Revenue, USD Million , 2021-2033)
- Bare Bright
- #1 Scrap Copper
- #2 Scrap Copper
- Other Scrap Grade
- Belgium Copper Scrap Market Application Outlook (Revenue, USD Million , 2021-2033)
- Wire Rod Mills
- Brass Mills
- Ingot Makers
- Foundries & Other Industries
Reasons to subscribe to Copper Scrap Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Copper Scrap Market Outlook databook
- Our clientele includes a mix of Copper Scrap Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Belgium Copper Scrap Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Belgium Copper Scrap Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Belgium Copper Scrap Market, 2021-2033 (US$M)
Belgium Feed Material - Copper Scrap Market Statistics, 2025 - 2033 (US$M)
