Mexico - North America Copper Scrap Market Size & Outlook
The copper scrap market in Mexico - North America is expected to reach a projected revenue of US$ 298.6 million by 2033. A compound annual growth rate of 6.6% is expected of Mexico - North America copper scrap market from 2026 to 2033.
The Mexico copper scrap market generated a revenue of USD 182.6 million in 2025 and is expected to reach USD 298.6 million by 2033.
The Mexico market is expected to grow at a CAGR of 6.6% 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 182.6 million
Market revenue in 2033
USD 298.6 million
Growth rate
6.6% (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, Mexico accounted for 0.5% 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 North America, U.S. copper scrap market is projected to lead the regional market in terms of revenue in 2033.
U.S. is the fastest growing regional market in North America and is projected to reach USD 14,983.1 million by 2033.
The increasing private investment in EVs, industrial, and consumer goods sectors is anticipated to propel the demand for copper and subsequently copper scrap over the forecast period. The USMCA, a free trade agreement between the U.S., Mexico, and Canada, became effective on July 1st, 2020.
In the past decade, the Mexican market has become a desirable location for production within the USMCA zone (previously known as NAFTA). Industries such as automotive, aerospace, electronics, and consumer goods are investing billions in existing and new production capacities.
Mexico - North America 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 87.62% in 2025.
Horizon Databook has segmented the Mexico - North America copper scrap market based on old scrap, new scrap covering the revenue growth of each sub-segment from 2021 to 2033.
The increasing private investment in EVs, industrial, and consumer goods sectors is anticipated to propel the demand for copper and subsequently copper scrap over the forecast period. The USMCA, a free trade agreement between the U.S., Mexico, and Canada, became effective on July 1st, 2020.
In the past decade, the Mexican market has become a desirable location for production within the USMCA zone (previously known as NAFTA). Industries such as automotive, aerospace, electronics, and consumer goods are investing billions in existing and new production capacities.
Mexico - North America Copper Scrap Market Feed Material Outlook (Revenue, USD Million , 2021-2033)
Old Scrap
New Scrap
Mexico - North America Copper Scrap Market Scrap Grade Outlook (Revenue, USD Million , 2021-2033)
Bare Bright
#1 Scrap Copper
#2 Scrap Copper
Other Scrap Grade
Mexico - North America Copper Scrap Market Application Outlook (Revenue, USD Million , 2021-2033)
Wire Rod Mills
Brass Mills
Ingot Makers
Foundries & Other Industries
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Copper Scrap Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Copper Scrap Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Mexico - North America Copper Scrap Market, 2021-2033 (US$M)