Reduce, reuse, recycle: Trends encouraging the use of sustainable materials and reducing carbon emissions will benefit the industry

The Nonferrous Metal Recycling industry's revenue has suffered in the past five years due to challenging operating conditions and weak demand from key markets. However, the recovering manufacturing sector and environmental trends encouraging manufacturers to use sustainable materials and reduce carbon emissions will benefit demand for industry products over the five years to 2022...purchase to read more.

Industry Statistics & Market Size
Revenue
$18bn
Annual Growth 12-17
-5.5%
Forecast Growth 17-22
Profit
Employment
16,147
Businesses
301
Market Share of Companies

Industry Threats & Opportunities

  • Excess supply in a weakening global economic environment led to sharp declines in prices
  • Strong demand for secondary nonferrous material drove strong export growth early in the period
  • Recycled nonferrous metals offer substantial energy savings
  • Industry Report - Industry Key Buyers Chapter

    The four largest companies in the industry generate less than 20.0% of industry revenue. Large-scale concentration has not taken place in the industry because the low value-to-weight and large volume of most recycled materials makes them unprofitable to transport. As a result, this factor has limited the geographical range that most businesses operate in. However, government incentives and consumer pressure to use secondary nonferrous metal materials have previously resulted in vertical consolidation with downstream foundries and manufacturers. For example, other company OmniSource Corporation was acquired by Steel Dynamics Inc. in 2007 and continues to operate as a nonferrous metal recycling facility that complements the company's steel production business. Suc...purchase to read more.

    Additional Insights for the Nonferrous Metal Recycling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Nonferrous Metal Recycling Industry are

  • Having a diverse range of clients
  • Having a good technical knowledge of the product
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Price of nonferrous metals and Industrial production index in the Nonferrous Metal Recycling industry impact industry performance..

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    What's in this report

    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 nonferrous metals, including powder metallurgy products
  • Aluminum
  • Precious metals
  • Copper and copper alloys
  • Zinc
  • Industry Activities
  • Recycling copper scrap
  • Recycling aluminum scrap
  • Recycling precious metal scrap
  • Recycling other nonferrous scrap metals
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Price of nonferrous metals
  • Industrial production index
  • Trade-weighted index
  • Value of construction

  • Current Performance
  • Competition and consolidation
  • International trade
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Going green
  • Poised for growth
  • Table: Nonferrous Metal Recycling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Nonferrous Metal Recycling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Nonferrous Metal Refining
  • Nonferrous Metal Rolling & Alloying
  • Nonferrous Metal Foundry Products Manufacturing
  • Recyclable Material Wholesaling

  • Key Selling Industries
  • Aircraft, Engine & Parts Manufacturing
  • Car & Automobile Manufacturing
  • Consumers
  • Wired Telecommunications Carriers

  • Products & Services
  • Aluminum
  • Precious metals
  • Other nonferrous metals, including powder metallurgy products
  • Copper and copper alloys
  • Zinc
  • Chart: Nonferrous Metal Recycling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • General manufacturing and other
  • Exports
  • Transportation equipment manufacturing
  • Jewelry and investment products
  • Industrial manufacturing
  • Construction
  • Chart: Major Market Segmentation for the Nonferrous Metal Recycling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Nonferrous Metal Recycling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Nonferrous Metal Recycling Industry

  • Industry Globalization
    OmniSource Corp.,
  • Table: OmniSource Corp. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Nonferrous Metal Recycling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Nonferrous Metal Recycling Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Price of nonferrous metals (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Captive Foundry
  • A foundry with direct ownership links to manufacturers (such as automobile manufacturers)
  • Casting
  • The process of pouring molten metal into a mold, allowing it to cool and then removing it to produce a metal shape.
  • Ferrous Metal
  • A metal, such as steel, that contains iron.
  • Foundry
  • The buildings and works for casting metals.
  • Nonferrous Metal
  • A metal, such as aluminum, that does not contain iron.
  • Original Equipment Manufacturer (Oem)
  • A company that manufactures products or components that are purchased by a company and retailed under the purchasing company's brand name.
  • Primary Metal
  • Metal produced from primary (e.g. mined ore) sources
  • Secondary Metal
  • Metal produced from post-consumer or recycled scrap sources
  • Smelting
  • A process that involves melting ore to separate out the metallic content from the waste material (slag).
  • Spread
  • The difference between the cost of purchased nonferrous scrap and the selling price of processed nonferrous material
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Nonferrous Metal Recycling contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

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    This report on Nonferrous Metal Recycling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Nonferrous Metal Recycling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Nonferrous Metal Recycling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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