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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 | Mar 2016

Rust and corrosion: Weak demand will cause industry revenue to heavily decline

The Nonferrous Metal Recycling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
OmniSource OmniSource market share
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 11-16
-6.8%
Annual Growth 16-21
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Profit
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Employment
13,774
Businesses
291
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 over the five years to 2021, 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 in the mature stage of its life cycle. Its share of overall economic activity is highly volatile as a result of fluctuating metal prices and demand, making its share of the economy an unreliable indicator of its life cycle stage. Over the 10 years to 2021, industry value added (IVA), which measures the industry's contribution to the overall economy, is expected to decline at an annualized rate of 1.7%. In contrast, GDP is expected to grow at an average annual rate of 2.3% over the same period. While an annualized decline in IVA is generally indicative of a declining industry, other factors point to its maturity... 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
AluminumPrecious metalsCopper and copper alloysZinc
 
Industry Activities
Recycling copper scrapRecycling aluminum scrapRecycling precious metal scrapRecycling other nonferrous scrap metals


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