Metals & Alloys · Direct
Monitoring · monthly
Procurement Category Intelligence

Scrap Aluminium

Overview
Market size
$95.0B
global, USD
CAGR
5.8%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity

Market outlook

2031$125.9B

What changed

Demand by region

China demand45%
Europe demand20%
North America demand18%
Asia-Pacific (excl China) demand12%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Raw scrap collection and sourcing65%
Logistics and inland freight15%
Processing, shredding, and sorting energy12%
Labor and facility overhead8%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked