World Recycled ALuminium Market Analysis Industry forecast to 2030
Format PDF
The recycled aluminium market globally is experiencing relentless growth driven by commitments towards sustainability and net-zero carbon emission goals. Both production and demand are rising on account of policies mandating the use of recycled content in finished aluminium products. Given these developments, now is an ideal time to evaluate the ongoing trend and analyse the future prospects of the worldwide recycled aluminium industry.
AL Circle has thus come up with a new comprehensive, industry-focused report: "World Recycled Aluminium Market Analysis - Industry Forecast to 2030". This report explores the global aluminium recycling sector, revealing key insights and forecasts such as the recycled aluminium usage growth rate at about CAGR 3.65 per cent from 2022 to 2030, led by castings and canstock. China, the world's largest aluminium consumer, is anticipated to record more than 15 million tonnes of recycled aluminium usage by 2030, while the usage in Europe is projected to be above 7 million tonnes.
From 2023 onwards, the projection for recycled aluminium usage looks optimistic, indicating a promising sign for both the aluminium recycling industry and the broader sustainability goals, as it reflects an increasing reliance on recycled aluminium across various applications. This report gives a detailed overview of those applications in various industrial sectors, leading to demand growth.
In addition, this report offers data related to scrap collection and consumption. It also discusses in length and breadth the technologies used in sorting and recycling aluminium scrap, pollution control strategy while recycling, leading players in recycled aluminium production, trade policies for importing and exporting scrap, and so on.
The publication has also focused on studying environmental and economic benefits of recycling and has explained the key advantages like resource conservation, energy savings, emissions reduction, and waste reduction. The report has also highlighted the challenges faced by recyclers and has individually addressed pressing issues like contamination, energy costs, market demand and competition, and regulation and standards.
How will this report benefit you?
Knowledge and insights: This report is a comprehensive publication touching upon all the vital aspects of the aluminium recycling industry. It contains well-researched data, technological updates, and relevant case studies to help you learn a 360-degree overview of the industry.
Learn about processes and challenges: In addition to market insights, this report is compiled with a detailed description of aluminium recycling processes and challenges faced by recyclers across the globe, aimed at enabling you to learn the nitty-gritty of the industry before you decide to make a debut in the sector.
Meet industry leaders: Through this report, you will learn about many global recyclers and their businesses, which will help you expand your network across the industry.
Methodology
1) Scope
This report essentially covers – 1) Recycled aluminium usage and forecast across regions (2019 - 2030), 2) Recycled aluminium usage by end-user sectors (2019 - 2030), 3) Applications of recycled aluminium, 4) Overview of aluminium recycling and pollution control, 5) Major certificates required in recycled aluminium industry, 6) Aluminium recycling - technological developments (including case study), 6) Investment & expansions in recycled aluminium sector, 7) Global trends in aluminium scrap collection and recycling, 8) Scrap demand & trade (pre & post consumption scrap).
2) Data collection
Advanced Internet research: In-depth research has been performed for data collection. The primary sources include the International Aluminium Institute (IAI), International Trade Council, International Organization of Motor Vehicle Manufacturers (OICA), AL Circle recycling e-Magazine, published articles, company reports and publications, ASI certificates, journals, and white papers.
Review of the database - The curated database, with the input of subject matter experts, includes facts and figures from AL Circle (www.alcircle.com) news, blogs, interviews, and press releases.
3) Research & Analysis
- The facts and figures in this report are derived from comprehensive market research analysis, which includes collecting and examining historical data, reviewing research reports, and calculating compound annual growth rates.
- By employing analytical software tools like MS Excel and Looker Studio have been used to visualise and interpret data.
- By evaluating reports & trade data sourced from the International Aluminium Institute (IAI), International Trade Council, European Circular Economy Stakeholder Platform, publications of European Aluminium, and sustainability reports from various companies around the world.
Frequently asked questions
The process of aluminium recycling comprises seven steps – starting from collecting post-consumption aluminium scrap, then cleaning, shredding, melting, casting, rolling, and reeling.
Aluminium is an infinitely recyclable metal offering various benefits, such as energy savings, greenhouse gas emissions reduction, carbon savings, and resource conservation.
Recycling alumunium can save up to 95 per cent of the energy needed to produce new aluminium. Recycling aluminium can also save 97 per cent of the greenhouse gas emissions produced when making aluminium from raw materials.
In 2023, the worldwide production of recycled aluminium stood at approximately 28.4 million tonnes.
The most common recycled aluminium product is beverage cans. Next are aluminium foil, food containers, aerosol cans, and automotive components.
For any queries
regarding AL Circle Report on
World Recycled ALuminium Market Analysis Industry forecast to 2030
you may get in touch
with us at
booking@alcircle.com
Alternately, you can give us a
call at
+91 8100851665
Related Reports
Our Clients
