Latin America Non-Ferrous Scrap Recycling Market Size & Outlook
Global Market
Related Markets
Latin America non-ferrous scrap recycling market highlights
- The Latin America non-ferrous scrap recycling market generated a revenue of USD 28,171.6 million in 2025.
- The market is expected to grow at a CAGR of 2.7% from 2026 to 2033.
- In terms of segment, construction was the largest revenue generating sector in 2025.
- Consumer Goods is the most lucrative sector segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 28,171.6 million |
| Market revenue in 2033 | USD 35,310.5 million |
| Growth rate | 2.7% (CAGR from 2026 to 2033) |
| Largest segment | Construction |
| Fastest growing segment | Consumer Goods |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Automotive, Consumer Goods, Industrial Goods |
| Key market players worldwide | Hindalco Industries Ltd GDR, Aurubis AG, TSR Recycling, OmniSource Corporation, SA Recycling, Sims Ltd, Kuusakoski, Matalco, Recyclex |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.1% of the global non-ferrous scrap recycling market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 473,769.8 million by 2033.
According to the International Monetary Fund (IMF), the gross domestic product (GDP) growth rate for Central America & South America was 3.8% and 1.0%, respectively, in 2023. Growth in the adoption of sustainable practices for non-ferrous metal manufacturing and increasing emphasis on circular economy practices are considered important drivers for the market.
Countries across the region are trying to propel their recycling rate of aluminum and reduce carbon footprints, which is expected to positively affect the demand for non-ferrous metals. For instance, in February 2022, Companhia Brasileira de Alumínio (CBA) started the process of integrating Alux do Brasil's operation in Nova Odessa (SP) after acquiring 80% interest in the company.
The acquisition received complete approval from the Brazilian antitrust authority. This acquisition is in line with CBA’s long-term strategy to expand their recycled aluminum capacity and to produce aluminum with an increasingly lower carbon footprint.
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Publish Date: May 05, 2026
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Non-Ferrous Scrap Recycling Market Scope
Non-Ferrous Scrap Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sims Ltd | View profile | 4,000 | 189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, Australia, 2020 | www.simsltd.com |
| OmniSource Corporation | View profile | 1001-5000 | Fort Wayne, Indiana, United States, North America | www.omnisource.com/ |
| SA Recycling | View profile | 1001-5000 | Orange, California, United States, North America | sarecycling.com |
| TSR Recycling | View profile | 1001-5000 | Lünen, Nordrhein-Westfalen, Germany, Europe | www.tsr.eu/ |
| Aurubis AG | View profile | 7,305 | Hovestrasse 50, Hamburg, BY, Germany, 20539 | www.aurubis.com |
| Hindalco Industries Ltd GDR | View profile | 63,258 | Pandurang Budhkar Road, Birla Centurion, 6th & 7th Floor, Worli, Mumbai, MH, India, 400030 | www.hindalco.com |
| Kuusakoski | View profile | - | Spånga, Skane Lan, Sweden, Europe | www.kuusakoski.se/ |
| Matalco | View profile | 251-500 | Brampton, Ontario, Canada, North America | matalco.com/ |
| Recyclex | View profile | 11-50 | Shrewsbury, Shropshire, United Kingdom, Europe | www.recyclex.co.uk |
Latin America Non-ferrous Scrap 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 Non-ferrous Scrap Recycling Market Outlook will help companies and investors design strategic landscapes.
Construction was the largest segment with a revenue share of 35.76% in 2025.
Horizon Databook has segmented the Latin America non-ferrous scrap recycling market based on construction, automotive, consumer goods, industrial goods covering the revenue growth of each sub-segment from 2021 to 2033.
According to the International Monetary Fund (IMF), the gross domestic product (GDP) growth rate for Central America & South America was 3.8% and 1.0%, respectively, in 2023. Growth in the adoption of sustainable practices for non-ferrous metal manufacturing and increasing emphasis on circular economy practices are considered important drivers for the market.
Countries across the region are trying to propel their recycling rate of aluminum and reduce carbon footprints, which is expected to positively affect the demand for non-ferrous metals. For instance, in February 2022, Companhia Brasileira de Alumínio (CBA) started the process of integrating Alux do Brasil's operation in Nova Odessa (SP) after acquiring 80% interest in the company.
The acquisition received complete approval from the Brazilian antitrust authority. This acquisition is in line with CBA’s long-term strategy to expand their recycled aluminum capacity and to produce aluminum with an increasingly lower carbon footprint.
- Latin America Non-Ferrous Scrap Recycling Market Metal Outlook (Revenue, USD Million , 2021-2033)
- Copper
- Lead
- Aluminum
- Others
- Latin America Non-Ferrous Scrap Recycling Market Sector Outlook (Revenue, USD Million , 2021-2033)
- Construction
- Automotive
- Consumer Goods
- Industrial Goods
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Non-ferrous Scrap Recycling Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Non-ferrous Scrap Recycling Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Non-Ferrous Scrap Recycling Market, 2021-2033 (US$M)
Latin America non-ferrous scrap recycling market statistics, by sector, 2021-2033 (US$M)
