Japan Metal Recycling Market Size & Outlook, 2025-2030
Global Market
Related Markets
Japan metal recycling market highlights
- The Japan metal recycling market generated a revenue of USD 112,418.5 million in 2024 and is expected to reach USD 147,555.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.9% 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.
Metal recycling market data book summary
| Market revenue in 2024 | USD 112,418.5 million |
| Market revenue in 2030 | USD 147,555.0 million |
| Growth rate | 4.9% (CAGR from 2025 to 2030) |
| Largest segment | Aluminum |
| Fastest growing segment | Steel |
| 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, Japan accounted for 11.4% 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.
According to the World Steel Association, rude steel production in the country declined by 2.5% in 2023, compared with that of 2022 to reach 87 million tons. It was mainly due to the weakening of steel demand from the construction and manufacturing sectors. This resulted in a declining demand for metal recycling for use in the steel industry.
However, since the country is a pure-play secondary aluminum producer, the increased adoption of EVs in the country spurred the demand for recycled aluminum from the automotive industry. Favorable government policies to promote EV adoption are expected to propel the demand for metal recycling in Japan over the forecast period.
The government of the country has sanctioned JPY 140.00 billion (~USD 0.94 billion) to support the adoption of electric-powered vehicles such as Battery Electric Vehicles (BEVs) and provide charging facilities for businesses as a part of the Green Transformation (GX) budget proposal for the FY 2024 in Japan.
No credit card required*
Publish Date: Oct 16, 2025
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
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/ |
Japan 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 69.26% in 2024.
Horizon Databook has segmented the Japan metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.
According to the World Steel Association, rude steel production in the country declined by 2.5% in 2023, compared with that of 2022 to reach 87 million tons. It was mainly due to the weakening of steel demand from the construction and manufacturing sectors. This resulted in a declining demand for metal recycling for use in the steel industry.
However, since the country is a pure-play secondary aluminum producer, the increased adoption of EVs in the country spurred the demand for recycled aluminum from the automotive industry. Favorable government policies to promote EV adoption are expected to propel the demand for metal recycling in Japan over the forecast period.
The government of the country has sanctioned JPY 140.00 billion (~USD 0.94 billion) to support the adoption of electric-powered vehicles such as Battery Electric Vehicles (BEVs) and provide charging facilities for businesses as a part of the Green Transformation (GX) budget proposal for the FY 2024 in Japan.
- Japan Metal Recycling Market Metal Outlook (Revenue, USD Million , 2018-2030)
- Steel
- Copper
- Aluminum
- Other Metals
- Japan Metal Recycling Market Sector Outlook (Revenue, USD Million , 2018-2030)
- Construction
- Automotive
- Consumer Goods
- Industrial Goods
Reasons to subscribe to Metal Recycling Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Metal Recycling Market Outlook databook
- Our clientele includes a mix of Metal Recycling Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan Metal Recycling Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Metal Recycling Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Japan Metal Recycling Market, 2018-2030 (US$M)
Japan metal recycling market statistics, by metal, 2018-2030 (Million Tons)
