Germany Ferrous Scrap Recycling Market Size & Outlook
The ferrous scrap recycling market in Germany is expected to reach a projected revenue of US$ 27,257.8 million by 2033. A compound annual growth rate of 6.7% is expected of Germany ferrous scrap recycling market from 2026 to 2033.
European Metals Holdings Ltd, Sims Ltd, Schnitzer Steel Industries, American Iron & Metal, Innovative Metal Recycling, OmniSource Corporation, SA Recycling, Rudolf Schuy, TSR Recycling, Ward Recycling
Other key industry trends
In terms of revenue, Germany accounted for 6.3% of the global ferrous scrap recycling market in 2025.
Country-wise, China is expected to lead the global market in terms of revenue in 2033.
In Europe, Germany ferrous scrap recycling market is projected to lead the regional market in terms of revenue in 2033.
UK is the fastest growing regional market in Europe and is projected to reach USD 18,052.5 million by 2033.
In terms of volume, Germany held the largest share of 23.3% of the ferrous scrap recycling market in Europe in 2021, and the market is anticipated to grow at a CAGR of 4.5%, in terms of revenue, between 2022 and 2030.
Shifting focus towards creating a sustainable and circular economy is anticipated to drive the market growth in the country over the forecast period. The Germany’s recycling rate for steel is 90%. The recovery rate from construction & demolition is 88%, automotive is 92.3%, and packaging is 68%.
Furthermore, one of Europe's most comprehensive vehicles scrappage programs is in place in the country, offering vehicle owners a USD3,320 rebate when they trade in an older vehicle for a new one in 9 years.
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 Ferrous Scrap Recycling Market Outlook will help companies and investors design strategic landscapes.
Construction was the largest segment with a revenue share of 44.74% in 2025.
Horizon Databook has segmented the Germany ferrous scrap recycling market based on industrial goods, construction, consumer goods, automotive covering the revenue growth of each sub-segment from 2021 to 2033.
In terms of volume, Germany held the largest share of 23.3% of the ferrous scrap recycling market in Europe in 2021, and the market is anticipated to grow at a CAGR of 4.5%, in terms of revenue, between 2022 and 2030.
Shifting focus towards creating a sustainable and circular economy is anticipated to drive the market growth in the country over the forecast period. The Germany’s recycling rate for steel is 90%. The recovery rate from construction & demolition is 88%, automotive is 92.3%, and packaging is 68%.
Furthermore, one of Europe's most comprehensive vehicles scrappage programs is in place in the country, offering vehicle owners a USD3,320 rebate when they trade in an older vehicle for a new one in 9 years.
Germany Ferrous Scrap Recycling Market Application Outlook (Revenue, USD Million , 2021-2033)
Construction
Automotive
Consumer Goods
Industrial Goods
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany Ferrous Scrap Recycling Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Germany Ferrous Scrap Recycling Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.