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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Investment Chapter

This highly automated industry requires moderate labor inputs; recycling machines have censors and advanced computerized components that enable operation with little oversight. During the past five years, capital intensity rose as technological advancements and industry investments made nonferrous metal recycling processes increasingly efficient. In turn, this decreased wage costs as a share of revenue. In 2014, IBISWorld estimates that the industry will invest about $0.25 cents in capital for every dollar that it spends on labor... 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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