Market revenue in 2023 | USD 69,525.2 million |
Market revenue in 2030 | USD 96,099.3 million |
Growth rate | 4.7% (CAGR from 2023 to 2030) |
Largest segment | Aluminum |
Fastest growing segment | Steel |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 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 |
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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 will help companies and investors design strategic landscapes.
Aluminum was the largest segment with a revenue share of 71.07% in 2023. Horizon Databook has segmented the Germany metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.
The German economy went into a state of recession in 2023, due to weak business prospects and the impact of the Russia-Ukraine war, which resulted in high energy costs, labor shortage, and a spike in the price of construction materials by as high as 15.9% since 2022.
The German construction industry was adversely affected. However, several factors, such as the rising proportion of the elderly population in the country resulted in the increased construction of social housing. Social geriatric housing therefore witnessed increasing subsidies of about EUR 2.50 billion in 2023.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany metal recycling market , including forecasts for subscribers. This country databook contains high-level insights into Germany metal recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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