Global Aluminum UBC Scrap Recycling Market expected to grow at 7.9% CAGR by 2033

From GlobeNewswire: 2024-07-26 17:00:00

The Global Aluminum UBC Scrap Recycling Market is projected to grow at a CAGR of 7.9% by 2033. Recycling aluminum UBC scrap has environmental and economic benefits, reducing greenhouse gas emissions and waste. Clean UBCs are expected to dominate the market, with chemical recycling growing rapidly. The beverage industry is a key end user, with Asia Pacific leading market share. Major vendors include Novelis Inc., Alcoa Corporation, and Hydro Extruded Solutions. Europe is expected to grow at the fastest CAGR due to initiatives promoting aluminum recycling.



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