Aluminium Recycling Market
Aluminium Recycling Market Size, Share & Trends Analysis Report by Aluminium Scrap Type (Cast Aluminium, Aluminium Cans, Sheet Aluminium), by Application (Building & Construction, Automotive, Electronics, Machinery & Equipment Packaging), and by End-User (Casting, Downstream), Forecast Period (2025-2035)
Industry Overview
Aluminium recycling market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period. (2025-2035). China continued to be the global largest producer and consumer of aluminium with a production level of 36.7 million tons in 2020, constituting about 56.7% of total global output. In 2021, global primary Aluminium demand has reached new all-time highs in recent months and is projected to increase to 67.4 million tons for the year.
Segmental Outlook
The global aluminium recycling market is segmented by aluminium scrap type, application, and end users. Based on the aluminium scrap type, the market is segmented into cast aluminium, aluminium cans, and sheet aluminium. Based on applications, the market is segmented into Building & construction, automotive, electronics, machinery & equipment packaging. Furthermore, based on end users, the market is segmented into casting and downstream. Among the end users, the downstream sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of engaging and innovative technologies in aluminium recycling.
The Machinery & Equipment Packaging Sub-Segment is Anticipated to Hold a Considerable Share of the Global Aluminium Recycling Market
Among the applications, the machinery & equipment packaging sub-segment is expected to hold a considerable share of the global aluminium recycling market. Aluminium is one of the most desired basic metals in machinery structures because of its lightweight, toughness, resistance to corrosion, thermal impact, and CNC machines quickly recycle the batch of Aluminium and when exposed to air or other oxidizing agents, aluminium produces a thin, hard coating of oxide (aluminium oxide). According to the US Department of Energy's Better Buildings initiative, Alcoa has expanded its Barberton production plant to include a new 50,000-square-foot recycling facility that uses a novel technology to reduce energy use by more than 30% relative to the method currently utilized. In addition to the process improvements, the co-location of the recycling plant with an existing production facility dramatically reduces trucking needs, leading to a related transportation-related energy use of about 90%.
Global Aluminium Recycling Market Share By Application, 2024 (%)
Regional Outlook
The global aluminium recycling market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, Russia and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, ASEAN economies, Australia and New Zealand and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, North America is anticipated to hold a prominent share of the market in the world, and the companies that cover the market are Norsk Hydro ASA, Alcoa Corporation, Speira GmbH, and Rio Tinto.
The Asia-Pacific Region is Expected to Grow at a Significant CAGR in the Global Aluminium Recycling Market
The Asia-Pacific recycling market for aluminium is witnessing major growth owing to growing environmental concerns and strict government policies encouraging green practices. Gaining demand for recycled aluminium across the automotive, construction, and packaging sectors is also fueling the market growth. Advances in recycling technology have made processes more efficient and cost-friendly, leading to increased adoption levels. The regional focus on promoting circular economy schemes is driving investments in aluminium recycling facilities. Further, fast urbanization and industrialization are producing immense scrap aluminium, increasing recycling processes.
Market Players Outlook
The major companies that offer aluminium recycling include Norsk Hydro ASA, Alcoa Corp., Speira GmbH, and Rio Tinto. These companies captured the market and considerably contributed to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market.
Recent Development
- In November 2023, Norsk Hydro ASA opened a new aluminium recycling plant in Cassopolis, Michigan. The $150 million Michigan plant produces 120,000 metric tonnes of recycled aluminium annually. It is the third greenfield recycling plant the company has built in the US, though the first designed to produce Hydro CIRCAL. Hydro CIRCAL contains at least 75.0% post-consumer aluminium scrap, certified by third-party auditors DNV GL, and has a market-leading CO2 footprint of just 2.3 kg CO2e per kg aluminium or less.
The Report Covers
- Market value data analysis of 2025 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global aluminium recycling market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Global Aluminum Recycling Market Sales Analysis - Scrap Type | Application |End-User ($ Million)
1.1. Research Methodology
• Primary Research Approach
• Secondary Research Approach
1.2. Market Snapshot
2. Market Overview and Insights
2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Global Aluminum Recycling Market Industry Trends
2.2.2. Market Recommendations
2.2.3. Conclusion
3. Market Determinants
3.1. Market Drivers
3.1.1. Drivers For Global Aluminum Recycling Market: Impact Analysis
3.2. Market Pain Points and Challenges
3.2.1. Restraints For Global Aluminum Recycling Market: Impact Analysis
3.3. Market Opportunities
4. Competitive Landscape
4.1. Competitive Dashboard –Global Aluminum Recycling Market: Revenue by Manufacturers
4.2. Key Company Analysis
4.2.1. Overview
4.2.2. Product Portfolio
4.2.3. Financial Analysis (Subject to Data Availability)
4.2.4. SWOT Analysis
4.2.5. Business Strategy
4.3. Top Winning Strategies by Market Players
4.3.1. Merger and Acquisition
4.3.2. Product Launch
4.3.3. Partnership And Collaboration
5. Global Aluminum Recycling Market by Aluminum Scrap Type ($ Million)
5.1. Cast Aluminum
5.2. Aluminum Cans
5.3. Sheet Aluminum
5.4. Global Aluminum Recycling Market by Application ($ Million)
5.4.1. Building & Construction
5.4.2. Automotive
5.4.3. Electronics
5.4.4. Machinery & Equipment Packaging
5.5. Global Aluminum Recycling Market by End-Users ($ Million)
5.5.1. Casting
5.5.2. Downstream
6. Regional Analysis
6.1. North American Aluminum Recycling Market Sales Analysis – Scrap Type | Application | End-User | Country ($ Million)
6.1.1. United States
6.1.2. Canada
6.2. European Aluminum Recycling Market Sales Analysis– Scrap Type | Application | End-User | Country ($ Million)
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Russia
6.2.7. Rest of Europe
6.3. Asia-Pacific Aluminum Recycling Market Sales Analysis – Scrap Type | Application | End-User | Country ($ Million)
6.3.1. China
6.3.2. Japan
6.3.3. South Korea
6.3.4. India
6.3.5. Australia & New Zealand
6.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
6.3.7. Rest of Asia-Pacific
6.4. Rest of the World Aluminum Recycling Market Sales Analysis– Scrap Type | Application | End-User | Country ($ Million)
6.4.1. Latin America
6.4.2. Middle East and Africa
7. Company Profiles
7.1. Alcoa Corporation
7.2. All Metals Recycling
7.3. ASM Recycling, Inc.
7.4. Atlas Iron & Metal Co.
7.5. Austin Metal & Iron Co. L.P.
7.6. Ball Corporation
7.7. Cozzi Recycling
7.8. Imperial Group
7.9. Norsk Hydro ASA
7.10. Novelis Inc.
7.11. Resource Recycling, Inc.
7.12. Rio Tinto
7.13. Rusal
7.14. Sims Alumisource
7.15. Speira
7.16. Tri-Arrows Aluminum Inc.
1. Global Aluminum Recycling Market Share Analysis By Aluminum Scrap Type, 2024-2035 ($ Million)
2. Global Cast Aluminum Recycling Market Share Analysis By Region, 2024-2035 ($ Million)
3. Global Aluminum Cans Recycling Market Share Analysis By Region, 2024-2035 ($ Million)
4. Global Aluminum Sheet Recycling Market Share Analysis By Region, 2024-2035 ($ Million)
5. Global Aluminum Recycling Market Share Analysis By Application, 2024-2035 ($ Million)
6. Global Aluminum Recycling in Building & Construction Market Share Analysis By Region, 2024-2035 ($ Million)
7. Global Aluminum Recycling in Automotive Market Share Analysis By Region, 2024-2035 ($ Million)
8. Global Aluminum Recycling in Electronic Market Share Analysis By Region, 2024-2035 ($ Million)
9. Global Aluminum Recycling in Machinery & Equipment Packaging Market Share Analysis By Region, 2024-2035 ($ Million)
10. Global Aluminum Recycling Market Share Analysis By End-Users, 2024-2035 ($ Million)
11. Global Aluminum Casting Recycling Market Share Analysis By End-Users, 2024-2035 ($ Million)
12. Global Aluminum Downstream Recycling Market Share Analysis By End-Users, 2024-2035 ($ Million)
13. Global Aluminum Recycling Market Share Analysis By Region, 2024-2035 ($ Million)
14. North American Aluminum Recycling Market Share Analysis By Country, 2024-2035 ($ Million)
15. North American Aluminum Recycling Market Share Analysis By Aluminum Scrap Type, 2024-2035 ($ Million)
16. North American Aluminum Recycling Market Share Analysis By Application, 2024-2035 ($ Million)
17. North American Aluminum Recycling Market Share Analysis By End-Users, 2024-2035 ($ Million)
18. European Aluminum Recycling Market Share Analysis By Country, 2024-2035 ($ Million)
19. European Aluminum Recycling Market Share Analysis By Aluminum Scrap Type, 2024-2035 ($ Million)
20. European Aluminum Recycling Market Share Analysis By Application, 2024-2035 ($ Million)
21. European Aluminum Recycling Market Share Analysis By End-Users, 2024-2035 ($ Million)
22. Asia-Pacific Aluminum Recycling Market Share Analysis By Country, 2024-2035 ($ Million)
23. Asia-Pacific Aluminum Recycling Market Share Analysis By Aluminum Scrap Type, 2024-2035 ($ Million)
24. Asia-Pacific Aluminum Recycling Market Share Analysis By Application, 2024-2035 ($ Million)
25. Asia-Pacific Aluminum Recycling Market Share Analysis By End Users, 2024-2035 ($ Million)
26. Rest Of The World Aluminum Recycling Market Share Analysis By Country, 2024-2035 ($ Million)
27. Rest Of The World Aluminum Recycling Market Share Analysis By Aluminum Scrap Type, 2024-2035 ($ Million)
28. Rest Of The World Aluminum Recycling Market Share Analysis By Application, 2024-2035 ($ Million)
29. Rest Of The World Aluminum Recycling Market Share Analysis By End Users, 2024-2035 ($ Million)
1. Global Aluminum Recycling Market Share Analysis By Aluminum Scrap Type, 2025 Vs 2035 (%)
2. Global Cast Aluminum Recycling Market Share Analysis By Region, 2025 Vs 2035 (%)
3. Global Aluminum Cans Recycling Market Share Analysis By Region, 2025 Vs 2035 (%)
4. Global Aluminum Sheet Recycling Market Share Analysis By Region, 2025 Vs 2035 (%)
5. Global Aluminum Recycling Market Share Analysis By Application, 2025 Vs 2035 (%)
6. Global Aluminum Recycling in Building & Construction Market Share Analysis By Region, 2025 Vs 2035 (%)
7. Global Aluminum Recycling in Automotive Market Share Analysis By Region, 2025 Vs 2035 (%)
8. Global Aluminum Recycling in Electronic Market Share Analysis By Region, 2025 Vs 2035 (%)
9. Global Aluminum Recycling in Machinery & Equipment Packaging Market Share Analysis By Region, 2025 Vs 2035 (%)
10. Global Aluminum Recycling Market Share Analysis By End-Users, 2025 Vs 2035 (%)
11. Global Aluminum Casting Recycling Market Share Analysis By End-Users, 2025 Vs 2035 (%)
12. Global Aluminum Downstream Recycling Market Share Analysis By End-Users, 2025 Vs 2035 (%)
13. Global Aluminum Recycling Market Share By Region, 2025 Vs 2035 (%)
14. US Aluminum Recycling Market Size, 2024-2035 ($ Million)
15. Canada Aluminum Recycling Market Size, 2024-2035 ($ Million)
16. UK Aluminum Recycling Market Size, 2024-2035 ($ Million)
17. France Aluminum Recycling Market Size, 2024-2035 ($ Million)
18. Russia Aluminum Recycling Market Size, 2024-2035 ($ Million)
19. Germany Aluminum Recycling Market Size, 2024-2035 ($ Million)
20. Italy Aluminum Recycling Market Size, 2024-2035 ($ Million)
21. Spain Aluminum Recycling Market Size, 2024-2035 ($ Million)
22. Rest of Europe Aluminum Recycling Market Size, 2024-2035 ($ Million)
23. India Aluminum Recycling Market Size, 2024-2035 ($ Million)
24. Australia and New Zealand Aluminum Recycling Market Size, 2024-2035 ($ Million)
25. ASEAN Countries Aluminum Recycling Market Size, 2024-2035 ($ Million)
26. China Aluminum Recycling Market Size, 2024-2035 ($ Million)
27. Japan Aluminum Recycling Market Size, 2024-2035 ($ Million)
28. South Korea Aluminum Recycling Market Size, 2024-2035 ($ Million)
29. Rest of Asia-Pacific Aluminum Recycling Market Size, 2024-2035 ($ Million)
30. Rest Of The World Aluminum Recycling Market Size, 2024-2035 ($ Million)
FAQS
The size of the Aluminium Recycling market in 2024 is estimated to be around US $72.2 billion.
Asia Pacific holds the largest share in the Aluminium Recycling market.
Leading players in the Aluminium Recycling market include Norsk Hydro ASA, Alcoa Corp., Speira GmbH, and Rio Tinto.
Aluminium Recycling market is expected to grow at a CAGR of 8.5% from 2025 to 2035.
Growing sustainability initiatives and energy-efficient production are driving the Aluminium Recycling Market growth.