Turkey - Europe Metal Recycling Market Size & Outlook
The metal recycling market in Turkey - Europe is expected to reach a projected revenue of US$ 2,482.6 million by 2030. A compound annual growth rate of 3.1% is expected of Turkey - Europe metal recycling market from 2025 to 2030.
The Turkey metal recycling market generated a revenue of USD 2,064.8 million in 2024 and is expected to reach USD 2,482.6 million by 2030.
The Turkey market is expected to grow at a CAGR of 3.1% 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 2,064.8 million
Market revenue in 2030
USD 2,482.6 million
Growth rate
3.1% (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, Turkey accounted for 0.2% 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 Europe, Germany metal recycling market is projected to lead the regional market in terms of revenue in 2030.
Germany is the fastest growing regional market in Europe and is projected to reach USD 96,099.3 million by 2030.
The natural calamity however, resulted in an increase in scrap generation in the country. Turkey exported the resulting metal scrap, especially ferrous scrap, to its nearby trade partners, and its supply influenced the pricing levels of these nearby secondary recycling markets, such as European countries, and Egypt.
Reconstruction of the cities affected by the earthquake is anticipated to increase the demand for metal across various industries, especially construction, automotive, consumer goods, and industrial goods. The country has a robust secondary metal market, and this is anticipated to witness sustained growth during the forecast period.
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 52.25% in 2024.
Horizon Databook has segmented the Turkey - Europe metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.
The natural calamity however, resulted in an increase in scrap generation in the country. Turkey exported the resulting metal scrap, especially ferrous scrap, to its nearby trade partners, and its supply influenced the pricing levels of these nearby secondary recycling markets, such as European countries, and Egypt.
Reconstruction of the cities affected by the earthquake is anticipated to increase the demand for metal across various industries, especially construction, automotive, consumer goods, and industrial goods. The country has a robust secondary metal market, and this is anticipated to witness sustained growth during the forecast period.
Turkey - Europe Metal Recycling Market Metal Outlook (Revenue, USD Million , 2018-2030)
Steel
Copper
Aluminum
Other Metals
Turkey - 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 country-level data and insights on the Turkey - Europe Metal Recycling Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Turkey - Europe Metal Recycling Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Turkey - Europe Metal Recycling Market, 2018-2030 (US$M)