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Nonferrous Metal Recycling in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Nonferrous Metal Recycling Market Research Report | Technology | Clean Technologies | Jun 2014

Solid growth: The industry will benefit greatly from a resurgence in downstream industries

IBISWorld’s Nonferrous Metal Recycling market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
OmniSource OmniSource market share
Sims Metal Management Sims Metal Management market share
Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 09-14
12.1%
Annual Growth 14-19
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Profit
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Employment
16,694
Businesses
341
Industry Analysis & Industry Trends

The Nonferrous Metal Recycling industry's revenue has suffered in the past five years, as consumers and manufacturers have spent less on products recycled by this industry. However, the recovering manufacturing sector will benefit demand for industry products during the five years to 2019 as the industrial production index continues to rise. However, growing competition from overseas recyclers will hamper growth.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Nonferrous Metal Recycling industry is growing as scrap recovery and reprocessing rates continues to improve. Industry value added (IVA), or contribution to the overall economy, is forecast to rise at annualized rate of 7.6% over the 10 years to 2019. In comparison, US GDP is projected to grow at an average annual rate of 2.5% over the same period. This indicates the industry is growing as a share of the overall economy, which is expected to attract new entrants over the next five years.

Nonferrous metal recycling rates have increased strongly over the past couple of decades. Reprocessing scrap offers energy savings and cost benefits over primary production, which requires smelting and refining nonferrous metals from refined ores... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Nonferrous Metal Recycling Industry?

This industry recovers copper, aluminum, lead and other nonferrous metals from scrap and then manufactures primary forms (e.g. bar, billet, bloom, cake, ingot, slab, slug and wire) from the recovered metals through secondary smelting and refining processes.

Industry Products
Other recycled nonferrous metalsRecycled aluminum and aluminum alloysRecycled precious metals and precious metal alloysRecycled copper and copper alloys
 
Industry Activities
Recycling copper scrapRecycling aluminum scrapRecycling precious metal scrapRecycling other nonferrous scrap metals


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