Recycled Aluminum Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Recycled Aluminum Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description

1
1

Recycling is encountering a rebirth for managing growing volumes of solid waste. The attraction of recycling has got the attention due to much of the material is thrown away. However the governments across the world is working towards recycling most of the products to avoid pollution.  The aluminum industry is comprised of many primary and secondary manufacturers. This is because the aluminum industry produces many different types of products and hence the scrap of aluminum industry comes in many different forms and has variety of uses in the industry.  All over the world aluminum is one of the most profitable materials to recycle and has achieved higher recycling rates. There are number of aluminum products which can be recycled such as aluminum siding, automobile parts, foils, beverage cans etc. Due to the profitability business many organizations are collecting aluminum scraps for sales of intermediaries and ultimately to industries that reuse the material to make new products. In few cases, the companies that manufactures aluminum also purchase recovered aluminum Because demand for scrap aluminum is strong in both domestically and international market, the principal limitation to increased recycling is on the supply side of the market firms would purchase more scrap.

Aluminum is recycled through a variety of programs. The common consumer program which is followed are curbside and municipal.  In these programs, items like beverage cans, aluminum foil, aluminum baking trays and pie pans are recycled. The aluminum industry actively supports the Recycling Partnership, which is a program dedicated to increasing participation in curbside recycling programs. Along with these programs, building and automotive parts are collected for recycling. The growth in recycled aluminum market has increased steadily since 1970 and has become the most valued market worldwide.

Based on type, the global recycled aluminum market can be classified into refiners and remelters. In recycling aluminum the refiners helps in production of casting alloys and deoxidize aluminum from scrap of varying composition. This refiners helps to mix this scraps together, then add alloying elements and further helps to remove certain unwanted elements after the melting process to produce alloys to customer’s specifications. Remelters produce wrought alloys and is one of the largest consumed alloys in worldwide recycled aluminum market. It is usually produce in the form of extrusion billets and rolling ingots, mainly produce from clean and sorted wrought alloy scrap. Refiners and remelters plays an important role in aluminum recycling and have crucial links with collectors, dismantlers, metal merchants and scrap processors etc.

Based on application, the global aluminum recycled market can be classified into construction, automotive, food & beverage and others. At the end of the production, more than 90 percent of the aluminum in building and automotive parts are recycled. These materials serve as a feedstock and are sent to aluminum recyclers to be melted down in the secondary production process.

Based on geography, the global aluminum recycled market can be classified into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. North America and Europe are the major markets for recycled aluminum market, led by the upturn in growth of recycling activities.  The recycled aluminum companies in Asia-Pacific and Latin America is investing more in research and development due to the environmental concern, growth in traditional production centers and increasing recycling activities which have led to demand for recycled aluminum market in Asia-Pacific market.    

Major players operating in the global recycled aluminum market are Kuusakoski Group, CCL Industries., Novelis Aluminum, Century Metal Recycling, Tennessee Aluminum Processors and others. These companies hold a significant share of the market. Thus, the recycled aluminum market experiences intense competition.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Have query on this report?

Make an Enquiry

Success Stories

Our Clients

Tell Us What You Need and We’ll Get Back with the Best Solutions Available.

*
*
*

get in touch

Location :

State Tower, 90 State Street, Suite 700, Albany NY - 12207, United States

Call Us :

US/Canada toll free : 866-997-4948

Tel : +1-518-621-2074