Spain Copper Scrap Market Size & Outlook, 2026-2033
Global Market
Related Markets
Spain copper scrap market highlights
- The Spain copper scrap market generated a revenue of USD 563.8 million in 2025 and is expected to reach USD 1,070.7 million by 2033.
- The Spain market is expected to grow at a CAGR of 8.6% 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 563.8 million |
| Market revenue in 2033 | USD 1,070.7 million |
| Growth rate | 8.6% (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, Spain accounted for 1.4% 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 2023 Country Report released by the European Union, Spain witnessed a real GDP growth of 5.5% in 2022, driven by a significant rebound in tourism and the increase in private consumption of goods and services. Going forward, inflation is likely to ease to about 4%, and the economy is projected to expand by 1.9% in 2023.
As with other regional markets, Spain was adversely affected by the receding labor market, and this resulted in unfavorable changes in the scrap sector of the country. The country’s recovery and resilience plan (RRP) are aimed at addressing key challenges related to the transition toward clean energy, digital transition, and economic & social resilience.
The RRP is anticipated to be implemented as a priority, and the scrap sector is hoping to address its challenges of increasing prices and availability, which is currently met primarily through imports. Hence, the scrap demand is likely to witness moderate growth that is outpaced by challenges of economic revival over the forecast period.
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Publish Date: Mar 25, 2026
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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 |
Spain 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 89.15% in 2025.
Horizon Databook has segmented the Spain copper scrap market based on old scrap, new scrap covering the revenue growth of each sub-segment from 2021 to 2033.
According to the 2023 Country Report released by the European Union, Spain witnessed a real GDP growth of 5.5% in 2022, driven by a significant rebound in tourism and the increase in private consumption of goods and services. Going forward, inflation is likely to ease to about 4%, and the economy is projected to expand by 1.9% in 2023.
As with other regional markets, Spain was adversely affected by the receding labor market, and this resulted in unfavorable changes in the scrap sector of the country. The country’s recovery and resilience plan (RRP) are aimed at addressing key challenges related to the transition toward clean energy, digital transition, and economic & social resilience.
The RRP is anticipated to be implemented as a priority, and the scrap sector is hoping to address its challenges of increasing prices and availability, which is currently met primarily through imports. Hence, the scrap demand is likely to witness moderate growth that is outpaced by challenges of economic revival over the forecast period.
- Spain Copper Scrap Market Feed Material Outlook (Revenue, USD Million , 2021-2033)
- Old Scrap
- New Scrap
- Spain Copper Scrap Market Scrap Grade Outlook (Revenue, USD Million , 2021-2033)
- Bare Bright
- #1 Scrap Copper
- #2 Scrap Copper
- Other Scrap Grade
- Spain 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 Spain Copper Scrap Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Spain Copper Scrap Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Spain Copper Scrap Market, 2021-2033 (US$M)
Spain Feed Material - Copper Scrap Market Statistics, 2025 - 2033 (US$M)
