[Latest] Global Recycled Aluminium Market Size/Share Worth

From GlobeNewswire: 2025-05-22 13:30:00

The global Recycled Aluminium Market, valued at USD 95.99 Billion in 2024, is projected to reach USD 100.24 Billion in 2025 and is expected to reach USD 148.10 Billion by 2034, with a CAGR of 4.43%. Demand is driven by automotive, construction, and packaging sectors focusing on sustainability and environmental regulations.

Volatility in raw material supply affects the recycled aluminium market, with industry relying on availability of aluminium scrap. Economic cycles, consumption patterns, and regulatory changes impact supply, leading to price fluctuations. Circular economy policies worldwide promote recycling, influencing manufacturers to incorporate more recycled aluminium into products and driving demand for secondary aluminium.

Growing demand for sustainable packaging is boosting the recycled aluminium market, with governments encouraging the use of eco-friendly materials over single-use plastic. Food and beverage companies are increasing recycled content in packaging to meet sustainability goals. As consumer preference shifts towards eco-friendly products, brands are turning to aluminium packaging for a low-carbon, recyclable solution.

The electric vehicle industry is driving demand for lightweight, eco-sustainable materials like recycled aluminium. EVs benefit from weight reduction using recycled aluminium, leading to significant savings in battery efficiency and driving range. As homes worldwide transition to electric vehicles, the demand for recycled aluminium in EV applications is on the rise. Key players in the automotive industry, such as Tesla, Ford, and Volkswagen, are shifting towards recycled aluminium for vehicle production to meet sustainability goals and improve performance. The global demand for secondary aluminium is expected to rise significantly due to the growth of EV production. This trend is set to boost the market for recycled aluminium in transportation over the next decade.

The recycled aluminium market is projected to reach USD 148.10 billion by 2034, with a CAGR growth rate of 4.43%. The report covers revenue estimation, company profiles, and growth factors across different regions. The industry analysis includes the impact of the COVID-19 pandemic and updated market trends, making it a valuable resource for stakeholders in the recycling sector.

Strengths of the recycled aluminium market include significant energy savings in production, support for decarbonization initiatives, and consistent material quality. Lower production costs, government subsidies, and advanced technologies enhance the market’s appeal. Weaknesses include fluctuating scrap availability, processing challenges, and high energy costs. Opportunities lie in growing demand for eco-friendly materials in sectors like electric vehicles and increasing regulatory support for recycling initiatives. The rising consumer preference for sustainable packaging is driving interest in aluminium recycling. AI-driven sorting & remelting processes improve recovery rates. Emerging markets in Asia-Pacific and Africa offer growth potential. Threats include scrap price volatility and geopolitical unrest. Recycled aluminium is becoming preferred across industries, creating growth opportunities.

Recycled Aluminium Market Report answers key questions on market size, growth rate, top companies, market categories, fastest-growing segments, and value chain players. Key offerings include market share, dynamics, segmentation, and competitive landscape. Purchase the premium report for in-depth analysis and fast delivery.

Recycled Aluminium Market Regional Analysis: North America leads in recycled aluminium market due to strong recycling infrastructure and demand from automotive and packaging industries. Europe has stringent environmental regulations and robust recycling infrastructure, with countries like Germany, France, and the UK leading in compliance and spending on recycling technologies. By 2022, data frames from recent innovations in sorting and refining must be computerized. Asia-Pacific dominates the global recycled aluminum market, led by China, India, Japan, and South Korea. The region’s rapid industrialization and urbanization, especially in automotive and construction sectors, drive growth. China and India lead the way in aluminum recycling, promoting circular economy practices. In LAMEA, Brazil leads Latin America with high aluminum can recycling rates. The Middle East is investing in aluminum recycling, while Africa shows potential for growth. The region is expected to play a significant role in the market’s expansion. 1. A new study has found that eating a diet high in processed foods can increase the risk of developing heart disease by up to 50%. The study, conducted by researchers at Harvard University, analyzed data from over 100,000 participants over a 10-year period.

2. In other health news, a recent report by the World Health Organization reveals that more than 1.4 billion adults worldwide are at risk of developing health conditions due to lack of physical activity. The report highlights the importance of regular exercise in preventing chronic diseases.

3. On the economic front, the stock market saw a significant increase today, with the Dow Jones Industrial Average reaching a new all-time high. Analysts attribute the surge to positive earnings reports from major companies and optimism surrounding the ongoing trade negotiations between the US and China.

4. In tech news, Apple has announced the launch of its new iPhone model, which features an improved camera system and faster processor. The company expects strong sales for the new device, which is set to hit shelves next month.

5. Lastly, in environmental news, a recent study published in the journal Science warns that the world’s oceans are warming at an alarming rate. The study reveals that ocean temperatures have increased by 0.1 degrees Celsius over the past century, leading to devastating effects on marine ecosystems. 1. The stock market reached new highs today, with the S&P 500 and Nasdaq both hitting record levels. The Dow Jones Industrial Average also saw significant gains, closing up over 300 points. This positive performance comes amid growing optimism about the economy’s recovery from the impact of the pandemic.

2. In other news, the latest job report showed that the unemployment rate has dropped to 4.8%, the lowest it has been since the start of the pandemic. The economy added 531,000 jobs in October, exceeding expectations and indicating a strong rebound in the labor market.

3. On the international front, tensions are rising between Russia and Ukraine as Russian troops continue to mass near the border. The United States and European allies have expressed concern over the situation, urging both sides to de-escalate the conflict and avoid any further military action.

4. Meanwhile, a new study has revealed that the Arctic is warming at a faster rate than previously thought. Scientists warn that this accelerated warming could have devastating consequences for the region’s ecosystems and indigenous communities. The findings highlight the urgent need for global action to combat climate change.



Read more at GlobeNewswire: [Latest] Global Recycled Aluminium Market Size/Share Worth