Market revenue in 2023 | USD 1,939.9 million |
Market revenue in 2030 | USD 2,482.6 million |
Growth rate | 3.6% (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 50.82% in 2023. Horizon Databook has segmented the Turkey 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.
Horizon Databook provides a detailed overview of country-level data and insights on the Turkey metal recycling market , including forecasts for subscribers. This country databook contains high-level insights into Turkey metal recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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