Aluminium Scrap Market Report 2025 (Global Edition)

Global Aluminium Scrap Market Report 2025 Market Size Split by Grade (Pure Aluminium Scrap, Mixed Aluminium Scrap, Extrusion Scrap, Casting Scrap), by Source (Manufacturing, Construction and Demolitio...

Aluminium Scrap Market Report Description

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Competitive Landscape of the Aluminium Scrap Market

Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders. 

Top Companies Market Share in Aluminium Scrap Industry: (In no particular order of Rank)

• Becton
• Dickinson and Company
• Agilent Technologies Inc
• Merck & Co Inc
• Waters Corporation
• Abbott Laboratories
• Johnson & Johnson
• Promega Corporation
• Sino Biological Inc
• Siemens Healthineers
• Roche Holding AG
• Bio-Rad Laboratories
• Thermo Fisher Scientific Inc
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Aluminium Scrap Market

Which Region will dominate the Aluminium Scrap Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The market for aluminum scrap is expanding significantly in North America due to rising demand from sectors like packaging, construction, and transportation. The region's growing adoption of recycling and sustainability policies drives up demand for aluminum scrap. Favorable economic circumstances and technological developments also propel market expansion, establishing North America as a major global aluminum scrap market participant.

Which Region is Expanding at the Fastest CAGR?

The Europe region is witnessing an increase in the sales of reagents. The market for aluminum scrap is significantly growing in Europe due to stricter environmental laws and a rise in recycling techniques. The region's industries increasingly use aluminum scrap as a valuable raw resource as they emphasize sustainability and the concepts of the circular economy. Because of this rising demand and improvements in recycling technologies, Europe is now a major player in the global aluminum market.

The current report Scope analyzes Aluminium Scrap Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Aluminium Scrap Market

According to Cognitive Market Research, the global Aluminium Scrap market size was estimated at USD 8152.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 3260.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031. Due to the region's strong industrial activity and emphasis on sustainability, the aluminum scrap market in North America is expanding significantly. The automobile industry, which depends more and more on aluminum components for lightweighting and fuel efficiency, is one significant sector driving this rise. The need for recycled aluminum from end-of-life automobiles and manufacturing trash is growing as automakers pursue sustainability programs. This pattern places North America in a prominent position to contribute to the worldwide market for aluminum scrap, together with the region's robust economic conditions and recycling infrastructure.

Country Analysis

• According to Cognitive Market Research, the US had a major share in the Aluminium Scrap market with a market size of USD 2572.83 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. The demand is amplified by the nation's robust industrial activities. 
• The Canada Aluminium Scrap market had a market share of USD 391.31 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Canada's rising stringent environmental regulations promoting recycling.
• The Mexico Aluminium Scrap market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 296.74 million in 2024.

 

Europe Aluminium Scrap Market

According to Cognitive Market Research, with a market value of USD 8152.2 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 2445.66 million. The market for aluminum scrap is expanding significantly in Europe as a result of stricter environmental laws and an increased focus on recycling. The building and construction sector, which uses recycled aluminum for a variety of products like windows, doors, and roofing, is one important area driving this rise. The region's growing emphasis on environmental objectives is driving up demand for aluminum scrap from repair and demolition projects. Europe is a major influence on the worldwide market for aluminum scrap because of its sophisticated recycling infrastructure and dedication to environmental preservation.

• The United Kingdom Aluminium Scrap market had a market share of USD 410.87 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In the UK, Aluminium Scrap sales witness an upswing due to the nation's a thriving automotive industry increasingly adopting lightweight aluminium components. 
• The France Aluminium Scrap market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 225.00 million in 2024.
• According to Cognitive Market Research, the Germany Aluminium Scrap market size was valued at USD 484.24 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. In Germany, Aluminium Scrap sales surge due to the rapid industrialization. 
• The Italy Aluminium Scrap market is projected to witness growth at a CAGR of 5.9% during the forecast period with a market size of USD 210.33 million in 2024.
• The Russia Aluminium Scrap market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 379.08 million in 2024.
• The Spain Aluminium Scrap market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 200.54 million in 2024.
• The Luxembourg Aluminium Scrap market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 75.82 million in 2024.
• The Portugal Aluminium Scrap market is projected to witness growth at a CAGR of 6.3% during the forecast period with a market size of USD 51.36 million in 2024.
• The Greece Aluminium Scrap market is projected to witness growth at a CAGR of 6.8% during the forecast period with a market size of USD 29.35 million in 2024.
• Rest of Europe Aluminium Scrap market is projected to witness growth at a CAGR of 5.2% during the forecast period with a market size of USD 379.08 million in 2024.

 

Asia Pacific Aluminium Scrap Market

According to Cognitive Market Research, the global Aluminium Scrap market size was estimated at USD 8152.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 7875.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031. The market for aluminum scrap is rising quickly in the Asia Pacific area due to growing industrialization and infrastructural development. The automotive industry is a significant driver of this increase, as it uses more and more aluminum components to improve performance and reduce weight. The need for recycled aluminum resources from end-of-life cars and manufacturing scrap is growing as governments in the region place a higher priority on environmental sustainability and economic growth. Asia Pacific emerges as a major participant in the global aluminum scrap market thanks to its expanding industrial sector and growing emphasis on recycling activities.

• According to Cognitive Market Research, the China Aluminium Scrap market size was valued at USD 843.75 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Aluminium Scrap sales surge in China due to the nation's rapid expansion in infrastructure development.
• The Japan Aluminium Scrap market is projected to witness growth at a CAGR of 8.5% during the forecast period with a market size of USD 258.75 million in 2024.
• The India Aluminium Scrap market had a market share of USD 225.00 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. The demand is augmented by India's increasing strong demand from the automotive sector.
• The South Korea Aluminium Scrap market is projected to witness growth at a CAGR of 9.1% during the forecast period with a market size of USD 187.50 million in 2024.
• The Australia Aluminium Scrap market is projected to witness growth at a CAGR of 9.7% during the forecast period with a market size of USD 97.50 million in 2024.
• The South East Asia Aluminium Scrap market is projected to witness growth at a CAGR of 11.0% during the forecast period with a market size of USD 129.38 million in 2024.
• The Rest of Asia Pacific Aluminium Scrap market is projected to witness growth at a CAGR of 9.8% during the forecast period with a market size of USD 133.13 million in 2024.

 

South America Aluminium Scrap Market

According to Cognitive Market Research, the global Aluminium Scrap market size was estimated at USD 8152.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 407.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031. The market for aluminum scrap is expanding in Latin America as a result of growing infrastructure and industrial activity. The packaging sector, which uses recycled aluminum to make cans and other containers, is one significant business driving this rise. There is a growing need for aluminum scrap made from packaging materials due to rising urbanization and consumption habits. The region's importance in the global aluminum scrap market is a result of its expanding economy and emphasis on sustainability, which position Latin America as a major driver of the sector's expansion and advancement.

• According to Cognitive Market Research, the Brazil Aluminium Scrap market size was valued at USD 174.46 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Aluminium Scrap sales flourish in Brazil due to the government initiatives promoting sustainability and resource conservation.
• The Argentina Aluminium Scrap market had a market share of USD 68.48 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. The demand is augmented by Argentina's commitment to country's advanced recycling infrastructure.
• The Colombia Aluminium Scrap market is projected to witness growth at a CAGR of 7.2% during the forecast period with a market size of USD 36.28 million in 2024.
• The Peru Aluminium Scrap market is projected to witness growth at a CAGR of 7.6% during the forecast period with a market size of USD 33.42 million in 2024.
• The Chile Aluminium Scrap market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 29.35 million in 2024.
• The Rest of Latin America Aluminium Scrap market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 65.63 million in 2024.

 

Middle East Aluminium Scrap Market

According to Cognitive Market Research, the global Aluminium Scrap market size was estimated at USD 8152.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 163.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031. The market for aluminum scrap is rising throughout the Middle East and Africa as a result of growing industrialization and construction projects. The aerospace industry, which uses recycled aluminum to make aircraft, is one significant sector fueling this increase. There is a growing need for aluminum scrap from end-of-life aircraft and manufacturing scrap as the region makes investments in transportation and infrastructure. The Middle East and Africa area offers substantial prospects for the aluminum scrap industry, supporting its worldwide growth trajectory with its developing economies and development activities.

• According to Cognitive Market Research, the GCC Countries Aluminium Scrap market size was valued at USD 69.78 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Aluminium Scrap sales flourish in the GCC Countries due to the strict environmental regulations.
• The Egypt Aluminium Scrap market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD 17.12 million in 2024.
• The South Africa Aluminium Scrap market is projected to witness growth at a CAGR of 8.7% during the forecast period with a market size of USD 25.76 million in 2024. Aluminium Scrap sales flourish in the South Africa due to the high manufacturing standards promoting aluminium recycling.
• The Turkey Aluminium Scrap market is projected to witness growth at a CAGR of 7.2% during the forecast period with a market size of USD 14.02 million in 2024.
• The Nigeria Aluminium Scrap market is projected to witness growth at a CAGR of 6.8% during the forecast period with a market size of USD 17.12 million in 2024.
• The Rest of MEA Aluminium Scrap market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 19.24 million in 2024.

Aluminium Scrap Market Analysis

Grade Segment Analysis of Aluminium Scrap Market

Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2021 to 2033. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.

Grade of Aluminium Scrap analyzed in this report are as follows:

• Pure Aluminium Scrap
• Mixed Aluminium Scrap
• Extrusion Scrap
• Casting Scrap

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Aluminium Scrap Industry. Request a Free Sample PDF!

Source Segment Analysis of Aluminium Scrap Market

Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Aluminium Scrap Market.

Some of the key Source of Aluminium Scrap are:

• Manufacturing
• Construction and Demolition
• Transportation
• Consumer Goods

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Aluminium Scrap Origin Segment Analysis

According to Cognitive Market Research, New scrap held the major market share over the forecast period. The market for aluminum scrap is expanding due to the advent of "new scrap," which comprises post-consumer and post-industrial aluminum scrap. The need for recycled aluminum components made from fresh waste is rising as companies prioritize environmental responsibility and sustainability. This tendency is helping the market for aluminum scrap to grow as companies look for environmentally friendly substitutes for virgin aluminum.

Old Scrap is the fastest-growing category over the forecast period. The use of "old scrap," including recycled aluminum from infrastructure and end-of-life products, propels the aluminum scrap market's expansion. Aluminum recycling from old waste is becoming increasingly important as the industry embraces the circular economy and environmental rules get stricter. This trend is driving the market for aluminum scrap as companies place a higher priority on resource conservation and sustainability.

• New scrap
• Old Scrap

Aluminium Scrap Application Segment Analysis

• Automotive
• Aerospace
• Construction
• Electrical and Electronics
• Packaging

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion