India Metal Recycling Market Size & Outlook, 2025-2030
Global Market
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India metal recycling market highlights
- The India metal recycling market generated a revenue of USD 14,142.6 million in 2024 and is expected to reach USD 21,384.0 million by 2030.
- The India market is expected to grow at a CAGR of 7.3% from 2025 to 2030.
- In terms of segment, steel was the largest revenue generating metal in 2024.
- Other Metals is the most lucrative metal segment registering the fastest growth during the forecast period.
Metal recycling market data book summary
| Market revenue in 2024 | USD 14,142.6 million |
| Market revenue in 2030 | USD 21,384.0 million |
| Growth rate | 7.3% (CAGR from 2025 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Other Metals |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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, India accounted for 1.4% of the global metal recycling market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China metal recycling market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 21,384.0 million by 2030.
India is among the fastest-growing economies in the world and is witnessing positive economic growth owing to government initiatives such as Make in India and Atmanirbhar Bharat. These initiatives, in turn, are promoting the growth of the manufacturing industry and infrastructure development projects in the country while encouraging foreign direct investments (FDIs).
This is expected to augment the growth of equipment manufacturing and enhance metal recycling in India. Metal recycling in the country is anticipated to increase during the first quarter of 2024 owing to a number of new construction and infrastructure development projects announced by the Government of India.
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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/ |
India 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.
Steel was the largest segment with a revenue share of 81.49% in 2024.
Horizon Databook has segmented the India metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.
India is among the fastest-growing economies in the world and is witnessing positive economic growth owing to government initiatives such as Make in India and Atmanirbhar Bharat. These initiatives, in turn, are promoting the growth of the manufacturing industry and infrastructure development projects in the country while encouraging foreign direct investments (FDIs).
This is expected to augment the growth of equipment manufacturing and enhance metal recycling in India. Metal recycling in the country is anticipated to increase during the first quarter of 2024 owing to a number of new construction and infrastructure development projects announced by the Government of India.
- India Metal Recycling Market Metal Outlook (Revenue, USD Million , 2018-2030)
- Steel
- Copper
- Aluminum
- Other Metals
- India 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 country-level data and insights on the India Metal Recycling Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Metal Recycling Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Metal Recycling Market, 2018-2030 (US$M)
India metal recycling market statistics, by metal, 2018-2030 (US$M)
