Market revenue in 2023 | USD 11,419.8 million |
Market revenue in 2030 | USD 13,408.9 million |
Growth rate | 2.3% (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 49.42% in 2023. Horizon Databook has segmented the Russia metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.
The country has several government initiatives for recycling, such as the Extended Producer Responsibility (EPR) that was introduced in 2015 and will be fully implemented in 2027. This indicates that metal producers or packaging companies would be required to pay 100% of the environmental levies set forth by the government, and in any instance, only a maximum of 30% would be paid by recyclers.
Russia has improved the investment attractiveness for metal recyclers by introducing a licensing system for handling ferrous and non-ferrous metal scrap. Various other policies are also under discussion, such as the introduction of a categorization system for each layer of stakeholders in the metal recycling market.
Horizon Databook provides a detailed overview of country-level data and insights on the Russia metal recycling market , including forecasts for subscribers. This country databook contains high-level insights into Russia metal recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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