Europe Metal Recycling Market Size & Outlook, 2025-2030
Global Market
Related Markets
Europe metal recycling market highlights
- The Europe metal recycling market generated a revenue of USD 242,026.5 million in 2024.
- The market is expected to grow at a CAGR of 3.4% from 2025 to 2030.
- In terms of segment, aluminum was the largest revenue generating metal in 2024.
- Steel is the most lucrative metal segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 242,026.5 million |
| Market revenue in 2030 | USD 293,676.4 million |
| Growth rate | 3.4% (CAGR from 2025 to 2030) |
| Largest segment | Aluminum |
| Fastest growing segment | Steel |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Copper, Aluminum, Other Metals |
| Key market players worldwide | European Metal Recycling, Commercial Metals Co, GFG Alliance, Norsk Hydro ASA, Schnitzer Steel Industries, Novelis, Tata Steel Ltd GDR - 144A |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.6% of the global metal recycling market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 719,507.4 million by 2030.
Europe held the third-largest revenue share of 14.3% of the global metal recycling market in 2022. According to the World Economic Outlook (October 2023) by the International Monetary Fund (IMF), real GDP in the Eurozone was 0.5% in 2023.
The growth is expected to be 0.9% in 2024 and 1.7% in 2025, as the energy industry of the Eurozone rebalances, supply bottlenecks are overcome, customer/business confidence recovers, and the demand for exports grows.
According to Euro construct, the region witnessed zero growth in construction output in 2023, and a modest decline in 2024, as it was affected by inflation, higher interest rates, and weaker demand. The slowdown is expected to be the maximum in the residential sector, with new housing completions likely to decline to 2016 levels by 2025.
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Publish Date: Oct 16, 2025
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Metal Recycling Market Scope
Metal Recycling 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 |
| Norsk Hydro ASA | View profile | 32,724 | Drammensveien 264, Oslo, Norway, NO-0283 | www.hydro.com |
| Tata Steel Ltd GDR - 144A | View profile | 73,496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | www.tatasteel.com |
| Novelis | View profile | 10001+ | Atlanta, Georgia, United States, North America | novelis.com |
| European Metal Recycling | View profile | 1001-5000 | Warrington, Warrington, United Kingdom, Europe | www.emrgroup.com/ |
| GFG Alliance | View profile | 10001+ | London, England, United Kingdom, Europe | www.gfgalliance.com |
| Schnitzer Steel Industries | View profile | 1001-5000 | Portland, Oregon, United States, North America | www.schnitzersteel.com/ |
Europe Metal 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 Metal Recycling Market Outlook will help companies and investors design strategic landscapes.
Aluminum was the largest segment with a revenue share of 65.97% in 2024.
Horizon Databook has segmented the Europe metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.
Europe held the third-largest revenue share of 14.3% of the global metal recycling market in 2022. According to the World Economic Outlook (October 2023) by the International Monetary Fund (IMF), real GDP in the Eurozone was 0.5% in 2023.
The growth is expected to be 0.9% in 2024 and 1.7% in 2025, as the energy industry of the Eurozone rebalances, supply bottlenecks are overcome, customer/business confidence recovers, and the demand for exports grows.
According to Euro construct, the region witnessed zero growth in construction output in 2023, and a modest decline in 2024, as it was affected by inflation, higher interest rates, and weaker demand. The slowdown is expected to be the maximum in the residential sector, with new housing completions likely to decline to 2016 levels by 2025.
- Europe Metal Recycling Market Metal Outlook (Revenue, USD Million , 2018-2030)
- Steel
- Copper
- Aluminum
- Other Metals
- Europe Metal Recycling Market Sector Outlook (Revenue, USD Million , 2018-2030)
- Construction
- Automotive
- Consumer Goods
- Industrial Goods
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Metal Recycling Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Metal Recycling Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Metal Recycling Market, 2018-2030 (US$M)
Europe metal recycling market statistics, by metal, 2018-2030 (Million Tons)
