[Latest] Global Recycled Aluminium Market Size/Share Worth USD 148.10 Billion by 2034 at a 4.43% CAGR: Business Research Industry (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value, SWOT)

Austin, TX, USA, May 22, 2025 (GLOBE NEWSWIRE) — Business Research Industry has published a new research report titled “Recycled Aluminium Market Size, Trends and Insights By Source (Abrasive Grade, Nuclear & Defence Grade), By End-Use Industry (Automotive and Transportation, Building and Construction, Packaging, Industrial Machinery and Equipment, Electrical and Electronics, Consumer Goods, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034” in its research database.

“According to the latest research study, the demand of the global Recycled Aluminium Market size & share was valued at approximately USD 95.99 Billion in 2024 and is expected to reach USD 100.24 Billion in 2025 and is expected to reach a value of around USD 148.10 Billion by 2034, at a compound annual growth rate (CAGR) of about 4.43% during the forecast period 2025 to 2034.”

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Recycled Aluminium Market Overview

As per the industry experts at CMI, driving demand for recycled aluminium across automotive, construction, and packaging is the increasing emphasis on sustainable manufacturing, energy efficiency objectives, and environmental regulations, nurtured by technological advancements and corporate civil initiatives toward circular economy practices.

Recycled Aluminium Market Growth Factors and Dynamics

Volatility in Raw Material Supply: The recycled aluminium market strongly depends on the availability of aluminium scrap, which might fluctuate based on the economic cycle, consumption patterns, and regulatory changes. In times of economic downturn, slowed scrap generation leads to a tighter supply situation, thus causing an increase in prices. Trade restrictions and export bans affecting scrap flows from Europe and China have also influenced global scrap flows. Industries requiring a stable supply of scrap may therefore suffer from production delays and rising costs in such environments, competition for prime scrap from the automotive, construction, and packaging sectors may drive recyclers to better sourcing and upgrading sorting technologies. A company engaged in integrated operations for scrap collection and recycling is, therefore, largely insulated from this volatility. However, considering that smaller players are usually at risk due to such supply chain disruptions, these disruptions can influence long-term profits and planning in the recycled aluminium business.

Rising Importance of Circular Economy Policies: Many countries’ governments have enacted circular economy laws, which cover waste reduction and conservation of resources, and encourage sustainable production. The Circular Economy Action Plan in the European Union and other such movements in China, the U.S., and Japan are directly promoting the recycling of aluminium by setting mandatory recycling targets and incentivising the use of recycled content. These laws motivate manufacturers to blend more recycled aluminium into their products and thereby increase demand for secondary aluminium. Moreover, the new landfill and waste disposal regulations will create more opportunities for recycled materials. Companies moving forward with operations based on circular economy principles are enjoying a slew of benefits, such as regulatory incentives, investment incentives, and improved brand value. Newer forces regulating resource efficiency and closed-loop production are radically changing industrial strategies and enhancing the future of recycled aluminium markets.

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Growing Demand for Sustainable Packaging: Sustainability trends are reshaping the packaging sector and have led to an unprecedented demand for recycled aluminium. Governments around the globe are stopping single-use plastic serving industries from replacing plastic packs with recyclable, eco-friendly materials. Aluminium cans, foils, and trays fulfil the criteria of recycling, lightness, and moisture and contamination protection. Some of the largest food and beverage companies are pushing to raise the recycled content of their packaging to meet their sustainability objectives. However, mounting consumer preference for eco-friendly products also drives brands to search for alternatives to plastic packaging, pushing aluminium. With the rapid increase in e-commerce and food-on-the-go, the demand for packaging that is safe, sustainable, and recyclable is skyrocketing. Recycled aluminium packaging offers a low-carbon way to package their goods without compromising on quality, thus forming one of the major materials in the transition globally towards greener supply chains.

Uplifting the Electric Vehicle Industry: At this time, all over the world, homes are becoming electric vehicles (EVS) and demand for lightweight, eco-sustainable materials such as recycled aluminium is peaking. Because of weight reduction, electric vehicles can achieve significant savings in battery efficiency and driving range, making recycled aluminium an ideal material for EV applications. Key players such as Tesla, Ford, and Volkswagen are increasingly switching from raw material manufacture to recycled aluminium for the production of body frames, battery enclosures, and structural parts for cars to meet sustainability targets and enhance vehicle performance. Adoption of greener materials by automotive OEMS is further fuelled by regulations aimed at promoting lower vehicle emissions. The global demand for secondary aluminium will further see a significant jump as EV production is expected to grow at double-digit rates around the world until 2030. Recycling involves lower carbon footprints and cost savings, attracting manufacturers targeting carbon neutrality. This trend is likely to significantly boost the market for recycled aluminium in the transportation sector over the next decade.

Report Scope

Feature of the Report	Details
Market Size in 2025	USD 100.24 Billion
Projected Market Size in 2034	USD 148.10 Billion
Market Size in 2024	USD 95.99 Billion
CAGR Growth Rate	4.43% CAGR
Base Year	2024
Forecast Period	2025-2034
Key Segment	By Source, End-Use Industry and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Recycled Aluminium report is available upon request; please contact us for more information.)

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Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025
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Business Research Industry (BRI) research methodology

(Please note that the sample of the Recycled Aluminium report has been modified to include the COVID-19 impact study prior to delivery.)

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Recycled Aluminium Market SWOT Analysis

Strengths: The recycled aluminium market has the inherent enormous environmental benefit that up to 95% of energy is saved in production compared to primary aluminium production. It also supports global decarbonization initiatives and is therefore very attractive in several sectors, such as automotive, packaging, and construction. Aluminium is Recyclable without losing its properties, which ensures consistent quality of material, promoting a lot of adoption. The lower production costs offer savings to companies as compared with mining and refining newly produced aluminium. Furthermore, adding government subsidies for recycling infrastructure and tighter regulations on waste management further bolsters the market. Thus, one could also rely on well-established networks of recycling markets, like those in North America and Europe, for a consistent supply of raw materials. Major players invest in research and development to have advanced technologies that boost operational efficiency and increase recovery rates. All these major strengths, therefore, position recycled aluminium as a sustainable, economic, and technically viable material for the future.

Weaknesses: Undoubtedly, the recycled aluminium market has a glaring weakness. Scrap availability fluctuates significantly, and prices vary. As a result, stability and term agreements are difficult to achieve. The quality of post-consumer scrap varies greatly and requires extensive processing, further raising production costs. Recycling operations, in most cases, require an upgrade to an expensive, modern, and environmentally friendly production facility, mostly in older recycling plants. High energy costs in most of Europe and Asia further strain the profitability of recyclers. Smaller companies are subject to entry barriers related to capital-intensive technology requirements. Limited awareness about the benefits of recycling in emerging economies further restricts market expansion. In addition, contaminated aluminium scrap due to coatings and composite material makes the recycling process more difficult and lowers recovery efficiency. All these factors together hinder scalability and competitiveness for some recycling operations, especially in developing markets.

Opportunities: The recycled aluminium market is just waiting to grab the growing opportunities lying in the form of applications across sectors. The major growth engine is in the demand for electric vehicles that call for lightweight structures and eco-friendly materials. Regulations in many parts of the world, from the EU Green Deal to U.S. infrastructure initiatives, have a place for investments in recycling technologies and in carrying out the practices of a circular economy, boosting the demand for recycled aluminium. The rising consumer preference for sustainable packaging, particularly in the beverage and food industries, is, however, contributing to increased interest in aluminium recycling. AI-driven sorting and advanced remelting processes are improving recovery rates and reducing operating expenses. Emerging markets in Asia-Pacific and Africa offer untapped growth potential as recycling infrastructure builds out. Furthermore, these partnerships are strengthening the integration of the supply chains by ensuring a long-term supply of scrap from recyclers to end-use industries. With increasing corporate focus on ESG standards, recycled aluminium becomes the preferred material in all industries, thus creating huge avenues for growth in the future.

Threats: Several external threats could encroach upon potential growth in the market for recycled aluminium. Global scrap price volatility, caused by entropy in the supply and demand dynamics and trade restrictions, creates an unpredictable environment for both recyclers and manufacturers. Increased energy prices in Europe and some parts of Asia significantly impact the profitability of recycling operations. Geopolitical unrest and changing trade rules, for example, the imposition of tariffs on aluminium and scrap materials, disrupt supply chains and pricing structures. Environmental regulations promoting recycling also impose stricter renal dosages and operational expenses on the recycling facilities. Among other technological barriers, recycling contaminated or complex scrap types can also hinder processing efficiency and output quality. Besides, competition from alternative sustainable materials such as recycled plastics and composites may be a challenge to aluminium in selected applications. Considering that all these threats together represent a call for technological innovation and policy backing, plus strategic planning in the recycled aluminium sector.

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Key questions answered in this report:

What is the size of the Recycled Aluminium market and what is its expected growth rate?
What are the primary driving factors that push the Recycled Aluminium market forward?
What are the Recycled Aluminium Industry’s top companies?
What are the different categories that the Recycled Aluminium Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the sample report on the recycled aluminium market and company profiles?

Key Offerings:

Market Share, Size & Forecast by Revenue | 2025−2034
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Recycled Aluminium Market Regional Analysis

The Recycled Aluminium Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

North America: According to the trend observed from both the government policies in place and the eminent states of recycling, such as that in used Aluminium cans, automobiles, and construction materials in the U.S. and Canada, North America is one of the leading regions in the recycled Aluminium market. Several major industry players have invested heavily in establishing new recycling plants and equipping them with state-of-the-art technology to respond to strong demands coming from specific industrial users like the automotive and packaging industries. The ever-increasing focus on electric vehicles and lightweight construction has further stimulated the market. In addition to these factors, corporate sustainability goals and consumer demand for greener products are also driving increased recycling initiatives in the region. In the United States, the Infrastructure Investment and Jobs Act has allocated funding for improvements in recycling infrastructure that will support future growth in the recycled Aluminium sector.

Europe: Europe is home to the strongest recycled Aluminium market, with stringent environmental regulations and a robust recycling infrastructure. Germany, France, and the United Kingdom are at the top of the list when it comes to compliance with recycling targets, particularly with recycling of Aluminium packaging and construction material. The European Green Deal and the Circular Economy Action Plan promote the use of more secondary raw materials, which will result in increased spending on recycling technologies. In Europe, the use of recycled Aluminium by car manufacturers will increase, leading to carbon neutrality goals being met. Additionally, by 2022, data frames from recently conducted innovations in sorting and refining, as well as wastage on obsolete components, need to be documented and computerised.

Asia-Pacific: Asia-Pacific has a dominant position in the global recycled aluminium market in terms of volume, led by China, India, Japan, and South Korea. Rapid industrialisation, urbanisation, and booming sectors such as automotive construction and packaging provide a great impetus for growth in recycled aluminium. China continues to be the largest producer and consumer of recycled aluminium, thereby encouraging circular economy practices through government policies. The Indian government is heavily investing in recycling infrastructure on account of the increasing demand for aluminium from the automotive and construction sectors. Several international companies are establishing recycling facilities in the region to satisfy demand and meet the new sustainability criteria. Low-cost labour, high scrap generation, and strong governmental support for green initiatives have created a favourable situation for the region to play a significant part in the future expansion of the market.

LAMEA: The LAMEA region continues to grow in stature in the aluminium recycling sector, though it still commands a smaller share compared to North America, Europe, and Asia-Pacific. Brazil is the leading market in Latin America, having some of the world’s highest aluminium can recycling rates. In the Middle East, namely the UAE and Saudi Arabia, efforts are being put into aluminium recycling under the sustainability and Vision 2030 umbrella. The recycling infrastructure is still being developed in Africa, but provides prospects for the long-term owing to a rise in urbanisation and industrialisation.

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Here is a list of the prominent players in the Recycled Aluminium Market:

Novelis Inc.
Constellium SE
Hydro Aluminium (Norsk Hydro ASA)
Real Alloy (Real Industry Inc.)
Kaiser Aluminium Corporation
UACJ Corporation
Rio Tinto Group
Arconic Corporation
Sims Metal Management Limited
European Metal Recycling Ltd. (EMR)
Hindalco Industries Limited (Aditya Birla Group)
TOMRA Systems ASA
Alba (Aluminium Bahrain B.S.C.)
Metal Exchange Corporation
OmniSource Corporation (A Steel Dynamics Company)
Matalco Inc.
Interco Trading Company
ELG Utica Alloys (A division of Cronimet Group)
EGA (Emirates Global Aluminium)
Kuusakoski Group Oy
Others

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The Recycled Aluminium Market is segmented as follows:

By Source

Abrasive Grade
Nuclear & Defence Grade

By End-Use Industry

Automotive and Transportation
Building and Construction
Packaging
Industrial Machinery and Equipment
Electrical and Electronics
Consumer Goods
Others

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Regional Coverage:

North America

U.S.
Canada
Mexico
Rest of North America

Europe

Germany
France
U.K.
Russia
Italy
Spain
Netherlands
Rest of Europe

Asia Pacific

China
Japan
India
New Zealand
Australia
South Korea
Taiwan
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

This Recycled Aluminium Market Research/Analysis Report Contains Answers to the following Questions.

Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Recycled Aluminium Market? What are the company profiles, product information, and contact details for these key players?
What Was the Global Market Status of the Recycled Aluminium Market? What Was the Capacity, Production Value, Cost and PROFIT of the Recycled Aluminium Market?
What Is the Current Market Status of the Recycled Aluminium Industry? What’s the market’s competition in this industry, both company-wise and country-wise? What’s Market Analysis of Recycled Aluminium Market by Considering Applications and Types?
What Are Projections of the Global Recycled Aluminium Industry Considering Capacity, Production and Production Value? What Will Be the estimate of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Recycled Aluminium Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Recycled Aluminium Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Recycled Aluminium Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Recycled Aluminium Industry?

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Reasons to Purchase Recycled Aluminium Market Report

Recycled Aluminium Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Recycled Aluminium Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Recycled Aluminium Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
We provide extensive company profiles that include company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
The Recycled Aluminium Market report includes an in-depth analysis from various perspectives using Porter’s five forces framework and offers insights into the market through the Value Chain.

Reasons for the Research Report

The study provides a thorough overview of the global Recycled Aluminium market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established leaders drive market growth.

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What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Recycled Aluminium market analysis.

The competitive environment of current and potential participants in the Recycled Aluminium market is covered in the report, as well as those companies’ strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

We have provided actual market sizes and forecasts for each segment mentioned above.

Who should buy this report?

Participants and stakeholders worldwide in the recycled aluminum market should find this report useful. The research will be useful to all market participants in the Recycled Aluminium industry.

Managers in the recycled aluminum sector are interested in publishing up-to-date, projected data about the worldwide recycled aluminum market.

Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Recycled Aluminium products’ market trends.

Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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