UK Non-ferrous Scrap Recycling Market Size & Outlook
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UK non-ferrous scrap recycling market highlights
- The UK non-ferrous scrap recycling market generated a revenue of USD 31.8 billion in 2023 and is expected to reach USD 40.9 billion by 2030.
- The UK market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, lead was the largest revenue generating metal in 2023.
- Lead is the most lucrative metal segment registering the fastest growth during the forecast period.
Non-ferrous scrap recycling market data book summary
| Market revenue in 2023 | USD 31.8 billion |
| Market revenue in 2030 | USD 40.9 billion |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Lead |
| Fastest growing segment | Lead |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Copper, Lead, Aluminum |
| Key market players worldwide | Hindalco Industries Ltd GDR, Aurubis AG, TSR Recycling, OmniSource Corporation, SA Recycling, Sims Ltd |
Other key industry trends
- In terms of revenue, UK accounted for 5.1% of the global non-ferrous scrap recycling market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany non-ferrous scrap 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 77.8 billion by 2030.
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Non-ferrous Scrap Recycling Market Scope
Non-ferrous Scrap Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hindalco Industries Ltd GDR | View profile | 63258 | Pandurang Budhkar Road, Birla Centurion, 6th & 7th Floor, Worli, Mumbai, MH, India, 400030 | https://www.hindalco.com |
| Aurubis AG | View profile | 7305 | Hovestrasse 50, Hamburg, BY, Germany, 20539 | https://www.aurubis.com |
| TSR Recycling | View profile | 1001-5000 | Lünen, Nordrhein-Westfalen, Germany, Europe | https://www.tsr.eu/ |
| SA Recycling | View profile | 1001-5000 | Orange, California, United States, North America | http://sarecycling.com |
| OmniSource Corporation | View profile | 1001-5000 | Fort Wayne, Indiana, United States, North America | http://www.omnisource.com/ |
| Sims Ltd | View profile | 4000 | 189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, Australia, 2020 | https://www.simsltd.com |
UK 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 will help companies and investors design strategic landscapes.
Lead was the largest segment with a revenue share of 79.56% in 2023. Horizon Databook has segmented the UK non-ferrous scrap recycling market based on copper, lead, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.
The demand and production of recycled non-ferrous scrap is expected to increase, due to rising government initiatives and investments by private players to reduce harmful emissions and increase energy efficiency.
Moreover, the UK government’s investment in advanced recycling infrastructure and innovative sorting technologies enhances the efficiency and effectiveness of the recycling process, further fostering market growth.
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Target buyers of UK non-ferrous scrap recycling market databook
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Our clientele includes a mix of non-ferrous scrap recycling market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK non-ferrous scrap recycling market , including forecasts for subscribers. This country databook contains high-level insights into UK non-ferrous scrap recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK non-ferrous scrap recycling market size, by metal, 2018-2030 (US$B)
UK Non-ferrous Scrap Recycling Market Outlook Share, 2023 & 2030 (US$B)
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