Recycled Aluminium Market Overview:

IMR has released a fresh study on the Recycled Aluminium Market, featuring self-defined tables and charts in an easy-to-read format. This report highlights emerging trends, key drivers, challenges, and new opportunities identified through analysis of market stakeholders. The growth of the Recycled Aluminium market has been notably influenced by increasing global investments in R&D.

The global Recycled Aluminium Market was valued at USD 48.03 Billion in 2023 and is likely to reach USD 92.86 Billion by 2032, increasing at a CAGR of 7.6% from 2024 to 2032.

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Some of the Top Leading Key Players:

Novelis Inc. (United States),Norsk Hydro ASA (Norway),Constellium N.V. (France),Alcoa Corporation (United States),Rio Tinto (United Kingdom),Rusal (Russia),Century Aluminium Company (United States),Kaiser Aluminium (United States),UACJ Corporation (Japan),Arconic Inc. (United States),AMAG Austria Metall AG (Austria),Vedanta Resources Limited (India),Sapa Group (Norway),Hindalco Industries Ltd. (India),Sigma Group (India),Novametal SA (Switzerland),Hulamin (South Africa),Gränges AB (Sweden),Impol Group (Slovenia),ALCOA Recycling (United States),TRIMET Aluminium SE (Germany),Daiki Aluminium Industry Co., Ltd. (Japan),Real Alloy (United States),Aludium (Spain),Toyo Aluminium K.K. (Japan),Erbslöh Aluminium GmbH (Germany),Lotte Aluminium Co., Ltd. (South Korea),Constellium SE (France),Talum d.d. (Slovenia),Hydro Extrusions (Norway) and Other Major Players.

Recycled aluminum market means collection, processing and reuse of aluminum materials that have reached the end of the life cycle. Recycled aluminum is achieved through processes such as melting aluminum and regeneration of scrotaluminum from products such as boxes, engines with motor vehicles, building materials and industrial waste. This market is inspired by increasing the power of stability, energy savings and reducing carbon emissions, as aluminum recycling aluminum uses significantly low energy than producing new aluminum from raw materials. The market is also supported for progress in recycling technologies, which increases the demand for environmentally friendly materials and global rules to promote circular economies.

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Segmentation Analysis of the Recycled Aluminium Market

By Scrap Type

• Wire Scrap
• Extrusion Scrap
• Sheet Scrap
• Used Beverage Can (UBC) Scrap
• Turnings and Borings

By Category

• New Scrap
• Old Scrap

By End Use

• Building & Construction
• Automotive
• Electronics
• Machinery and Equipment Packaging
• Others

Recycled Aluminium Market Trend Analysis

Environmental Benefits and Sustainability Goals

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Regional Analysis

Asia Pacific Region is Expected to Dominate the Market Over the Forecast Period

Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:

• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Objectives of the Report

▸ To carefully analyse and forecast the size of the Recycled Aluminium by value and volume.

▸ To estimate the market shares of major segments of the Recycled Aluminium

▸ To showcase the development of the Recycled Aluminium in different parts of the world.

▸ To analyse and study micro-markets in terms of their contributions to the Recycled Aluminium, their prospects, and individual growth trends.

▸ To offer precise and useful details about factors affecting the growth of the Recycled Aluminium

▸ To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Recycled Aluminium, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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