Spain Recycled Metal Market Size & Outlook, 2023-2030
The recycled metal market in Spain is expected to reach a projected revenue of US$ 7.2 million by 2030. A compound annual growth rate of 5.9% is expected of Spain recycled metal market from 2024 to 2030.
Revenue, 2023 (US$M)
$4.8
Forecast, 2030 (US$M)
$7.2
CAGR, 2024 - 2030
5.9%
Report Coverage
Spain
Spain Recycled Metal Market, 2018-2030 (US$M)
Global Market
Related Markets
Spain recycled metal market highlights
- The Spain recycled metal market generated a revenue of USD 4.8 million in 2023 and is expected to reach USD 7.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, steel was the largest revenue generating material in 2023.
- Copper is the most lucrative material segment registering the fastest growth during the forecast period.
Recycled metal market data book summary
| Market revenue in 2023 | USD 4.8 million |
| Market revenue in 2030 | USD 7.2 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Copper |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Aluminum, Copper |
| Key market players worldwide | Commercial Metals Co, Norsk Hydro ASA, Tata Steel Ltd GDR - 144A, European Metal Recycling, GFG Alliance, Novelis |
Other key industry trends
- In terms of revenue, Spain accounted for 1.3% of the global recycled metal market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia recycled metal 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 18.9 million by 2030.
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Recycled Metal Market Scope
Recycled Metal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Commercial Metals Co | View profile | 13,022 | 6565 North MacArthur Boulevard, Irving, TX, United States, 75039 | www.cmc.com |
| Norsk Hydro ASA | View profile | 32,724 | Drammensveien 264, Oslo, Norway, NO-0283 | www.hydro.com |
| Tata Steel Ltd GDR - 144A | View profile | 73,496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | www.tatasteel.com |
| Novelis | View profile | 10001+ | Atlanta, Georgia, United States, North America | novelis.com |
| European Metal Recycling | View profile | 1001-5000 | Warrington, Warrington, United Kingdom, Europe | www.emrgroup.com/ |
| GFG Alliance | View profile | 10001+ | London, England, United Kingdom, Europe | www.gfgalliance.com |
Spain Recycled Metal 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 Recycled Metal Market Outlook will help companies and investors design strategic landscapes.
Steel was the largest segment with a revenue share of 45.83% in 2023.
Horizon Databook has segmented the Spain recycled metal market based on steel, aluminum, copper covering the revenue growth of each sub-segment from 2018 to 2030.
- Spain Recycled Metal Market Material Outlook (Revenue, USD MIllion , 2018-2030)
- Steel
- Aluminum
- Copper
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain Recycled Metal Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Spain Recycled Metal Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Spain Recycled Metal Market, 2018-2030 (US$M)
Spain recycled metal market statistics, by material, 2018-2030 (US$M)
