Press release
Recycled Aluminum Market Surges Amid Sustainability Boom | Growing Demand Drives Global Expansion in 2025 | Top key players - Novelis Inc., Kuusakoski oy, Norsk Hydro ASA.
The Global Recycled Aluminum Market reached US$ 48.7 billion in 2022 and is expected to reach US$ 100.8 billion by 2031, growing with a CAGR of 7.7% during the forecast period 2024-2031.The Recycled Aluminum Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Recycled Aluminum Market involves the collection, processing, and reuse of aluminum waste to produce new aluminum products. This market supports sustainability by conserving energy and reducing environmental impact compared to primary aluminum production. It spans industries such as automotive, construction, packaging, and electronics, driven by growing demand for eco-friendly materials and cost-effective manufacturing solutions.
Prominent Industry players in the Recycled Aluminum Market
The prominent players in Recycled Aluminum market research report are: Novelis Inc., Kuusakoski oy, Norsk Hydro ASA, GAL Aluminum Extrusions Pvt. Ltd., Constellium, STEINERT Global, COHEN, Stena Aluminum, Jain Resource Recycling Pvt. Ltd. and Real Alloy.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News
February 2023 - Kuusakoski Oy: Invested US$ 27.2 million in a new production line at its Heinola, Finland plant to enhance recycling efficiency and increase non-ferrous metals processing capacity, including aluminum.
January 2023 - Emirates Global Aluminum: Announced the formation of the Aluminum Recycling Coalition to transform aluminum recycling practices in the UAE.
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Market Segments
By End-User: Building & Construction, Automotive, Electronics, Machinery & Equipment, Food & Beverages, Others.
The Recycled Aluminum industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Recycled Aluminum Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Recycled Aluminum Market?
✒ Who are the prominent players in the Recycled Aluminum Market?
✒ How is the regulatory landscape affecting the Recycled Aluminum Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Recycled Aluminum Market?
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Contact Person: Sai Kiran
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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