Japan Ferrous Scrap Recycling Market Size & Outlook
Global Market
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Japan ferrous scrap recycling market highlights
- The Japan ferrous scrap recycling market generated a revenue of USD 13,803.6 million in 2025 and is expected to reach USD 16,488.7 million by 2033.
- The Japan market is expected to grow at a CAGR of 2.4% from 2026 to 2033.
- In terms of segment, construction was the largest revenue generating application in 2025.
- Consumer Goods is the most lucrative application segment registering the fastest growth during the forecast period.
Ferrous scrap recycling market data book summary
| Market revenue in 2025 | USD 13,803.6 million |
| Market revenue in 2033 | USD 16,488.7 million |
| Growth rate | 2.4% (CAGR from 2026 to 2033) |
| Largest segment | Construction |
| Fastest growing segment | Consumer Goods |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial Goods, Construction, Consumer Goods, Automotive |
| Key market players worldwide | 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, Japan accounted for 5.2% 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 Asia Pacific, China ferrous scrap recycling market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 160,505.6 million by 2033.
Japan accounted for a share of 26.0% of the ferrous scrap recycling market in Asia Pacific in terms of revenue in 2021. The market growth is attributed to the rising demand for decarbonization of steel industry and reducing the import dependence.
For instance, in August 2022, JFE Steel, announced that is planning to construct a new EAF to replace its blast furnace at its Kurashiki plant.
This plan is expected to help company to reduce its carbon dioxide (CO2) emissions. This is expected to boost the demand for recycled ferrous scrap across the forecast period.
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Publish Date: Jun 22, 2026
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Ferrous Scrap Recycling Market Scope
Ferrous Scrap Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| European Metals Holdings Ltd | View profile | 28,000 | 35 Outram Street, Level 3, West Perth, WA, Australia, 6005 | www.europeanmet.com |
| Sims Ltd | View profile | 4,000 | 189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, Australia, 2020 | www.simsltd.com |
| Schnitzer Steel Industries | View profile | 1001-5000 | Portland, Oregon, United States, North America | www.schnitzersteel.com/ |
| American Iron & Metal | View profile | 1001-5000 | Montréal, Quebec, Canada, North America | aim-global.com |
| Innovative Metal Recycling | View profile | 101-250 | Krefeld, Nordrhein-Westfalen, Germany, Europe | www.imrecycling.de |
| OmniSource Corporation | View profile | 1001-5000 | Fort Wayne, Indiana, United States, North America | www.omnisource.com/ |
| SA Recycling | View profile | 1001-5000 | Orange, California, United States, North America | sarecycling.com |
| Rudolf Schuy | View profile | 51-100 | Limburg, Hessen, Germany, Europe | schuy.eu |
| TSR Recycling | View profile | 1001-5000 | Lünen, Nordrhein-Westfalen, Germany, Europe | www.tsr.eu/ |
| Ward Recycling | View profile | 251-500 | Woodville, Derbyshire, United Kingdom, Europe | www.ward.com |
Japan Ferrous Scrap Recycling 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 Ferrous Scrap Recycling Market Outlook will help companies and investors design strategic landscapes.
Construction was the largest segment with a revenue share of 45.11% in 2025.
Horizon Databook has segmented the Japan ferrous scrap recycling market based on industrial goods, construction, consumer goods, automotive covering the revenue growth of each sub-segment from 2021 to 2033.
Japan accounted for a share of 26.0% of the ferrous scrap recycling market in Asia Pacific in terms of revenue in 2021. The market growth is attributed to the rising demand for decarbonization of steel industry and reducing the import dependence.
For instance, in August 2022, JFE Steel, announced that is planning to construct a new EAF to replace its blast furnace at its Kurashiki plant.
This plan is expected to help company to reduce its carbon dioxide (CO2) emissions. This is expected to boost the demand for recycled ferrous scrap across the forecast period.
- Japan 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 Japan Ferrous Scrap Recycling Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Ferrous Scrap Recycling Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Japan Ferrous Scrap Recycling Market, 2021-2033 (US$M)
Japan Application - Ferrous Scrap Recycling Market Statistics, 2025 - 2033 (US$M)
