Recycled Copper Market Size and Share

Recycled Copper Market Summary
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Recycled Copper Market Analysis by Mordor Intelligence

The Recycled Copper Market size is estimated at 9.04 Million tons in 2025, and is expected to reach 13.88 Million tons by 2030, at a CAGR of 8.96% during the forecast period (2025-2030). Strong growth reflects rising adoption of circular economy models, tightening environmental regulations, and supply constraints affecting primary copper. Technology upgrades are closing the quality gap between recycled and virgin material, supporting wider use in electric vehicles, renewable-energy systems, and electronics production. Rapid electrification, urban infrastructure renewal, and mandated recycled-content targets continue to unlock steady end-user demand. At the competitive level, vertically integrated processors are scaling capacity to secure long-term feedstock while differentiating through low-carbon product lines. Stable regulatory incentives in China, the European Union, and the United States enhance investment visibility for large smelters and regional specialists.

Key Report Takeaways

  • By copper type, pure copper held 61.18% of the Recycled Copper market share in 2024, while copper alloys are forecast to grow at a 9.65% CAGR to 2030. 
  • By source, post-consumer scrap accounted for 55.23% share of the Recycled Copper market size in 2024 and is projected to advance at 9.57% CAGR through 2030. 
  • By process, pyrometallurgical recycling led with 45.71% volume share in 2024; hydrometallurgical recycling is expected to post the fastest 9.72% CAGR over 2025-2030. 
  • By end-user industry, electrical and electronics captured 39.22% share of the Recycled Copper market size in 2024, whereas transportation is poised for the highest 9.92% CAGR to 2030. 
  • By geography, Asia-Pacific dominated with 44.64% share in 2024 and is projected to accelerate at a 9.81% CAGR through 2030.

Segment Analysis

By Copper Type: Pure Copper Dominates Despite Alloy Innovation

Pure copper led 2024 volumes with 61.18% of the Recycled Copper market share, reflecting non-negotiable conductivity needs in power grids, electric vehicle (EV) harnesses, and renewable-energy cabling. Copper alloys are forecast to post a 9.65% CAGR as automotive heat exchangers, precision connectors, and antimicrobial surfaces adopt recycled brass and bronze. Adoption is aided by X-ray and optical sorters that segregate alloys at high speed, pushing yield rates toward 99% recovery from complex scrap batches. Pyro-hydro process hybrids also elevate output purity, ensuring the recycled copper market size for pure grades remains robust while alloy applications broaden.

Technological breakthroughs strengthen circularity. JX Advanced Metals refined a 100% recycled electrolytic copper cathode that meets stringent Importer Exporter Code (IEC) conductivity codes. Hydrometallurgical leaching combined with solvent extraction achieves ultra-low impurity levels, making recycled cathodes suitable for magnet wire and semiconductor laminates. Demand for alloys advances through architectural fittings, plumbing, and marine hardware, where recycled bronze delivers corrosion resistance and cost savings. The twin-track growth of pure and alloy streams secures balanced expansion across the recycled copper market.

Recycled Copper Market: Market Share by Copper Type
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By Source: Post-Consumer Scrap Leads Dual Growth Pattern

Post-consumer scrap accounted for 55.23% of the Recycled Copper market size in 2024 and is anticipated to expand at 9.57% CAGR to 2030. Electronics replacement cycles, EV battery retirement, and rooftop solar upgrades generate concentrated urban scrap deposits that improve collection economics. The Waste Electrical and Electronic Equipment (WEEE) Directive’s 65% collection target and emerging Producer Responsibility Obligations in India formalize flows, bolstering volume stability. Industrial scrap, while smaller, provides more homogeneous chemistry that saves downstream refining steps, supporting premium sales into high-spec applications.

The rise of digital tracking, such as QR-coded appliances, block-chained vehicle IDs, brings near-real-time visibility to scrap availability. Automated material recovery facilities apply artificial intelligence to classify grades, elevating post-consumer recovery efficiency and minimizing landfill leakage. OEM line-side process optimization reduces industrial offcuts, yet higher first-pass yield concentrates value in what remains. Combined, these dynamics forge a volume-quality duality that underpins long-term resilience in the recycled copper market.

By Process: Pyrometallurgical Leadership Faces Hydrometallurgical Challenge

Pyrometallurgical pathways retained 45.71% recycled copper market share in 2024 owing to centuries-old furnace networks and tolerance for mixed feeds. Energy costs and CO2 regulations, however, fuel interest in hydrometallurgical circuits that post 9.72% CAGR through 2030. Metso’s Cu POX pressure-oxidation leach attains 99% recovery while operating as a closed-loop system and cutting greenhouse gases [2]IOM3, “Pressure Oxidation Leaching Advances,” iom3.org. Mechanical shredding remains crucial upstream, liberating metallic fractions and trimming downstream reagent usage.

Hybrid pyro-hydro solutions capture the best of both worlds: bulk smelting removes organics and plastics, and final leach-electrowinning produces LME-grade cathodes. Bioleaching ventures by BRGM show microbes can process low-grade e-waste at ambient conditions, opening decentralized models in regions with limited grid power. Process selection is increasingly tied to feedstock characteristics, regulatory exposure, and carbon-pricing scenarios, compelling operators to build modular lines that can swing among routes as economics evolve.

By End-user Industries: Electronics Leadership Amid Transportation Acceleration

Electrical and electronics retained 39.22% of the 2024 volume as printed circuit boards, cables, and transformers continue to rely on high-purity copper. Recycled copper equals primary metal conductivity, allowing OEMs such as Aptiv to embed 72% lower-carbon harnesses without redesign costs. The transportation segment is set for a 9.92% CAGR due to surging EV output and emerging hydrogen fuel-cell buses requiring heavy copper for thermal management.

Building and construction provide a stable demand floor via roofing, plumbing, and architectural facades, while industrial equipment absorbs recycled copper in motors, heat exchangers, and power-transmission gear. Consumer-durables makers increasingly advertise recycled metal content on product labels, supporting premium pricing and brand differentiation. 5G rollout intensifies copper needs across base stations and data-center infrastructure, expanding addressable end-markets for high-spec recycled copper cathodes.

Recycled Copper Market: Market Share by End-user Industries
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Note: Segment shares of all individual segments available upon report purchase

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Geography Analysis

Asia-Pacific captured 44.64% of global volume in 2024 and is forecast to post a 9.81% CAGR through 2030. China’s elimination of import tariffs on recycled copper in January 2025 and a 20 Million-ton recycled-metal goal under the 14th Five-Year Plan create a powerful pull on global scrap flows. India supplies 38% of national needs via recycling and mandates 5% recycled content in new infrastructure from FY28, scaling to 20% by FY31. Japan is investing 30 Billion yen in 10 e-waste hubs, ensuring domestic retention of critical minerals and fostering 100% recycled cathode programs led by JX Advanced Metals. South Korea and ASEAN economies benefit from proximity to electronics manufacturing clusters, shortening logistics for scrap intake and refined output.

North America represents a mature yet opportunity-rich arena. The United States meets 32% of domestic copper use through recycling yet exports more than half its scrap, highlighting capacity upside at home. Aurubis is spending over USD 900 Million to add Richmond and Complex Recycling Hamburg modules, signaling European interest in North American feedstock. Mexico and Canada act as integral trade partners, supplying high-grade industrial scrap.

Europe maintains strong policy foundations. The WEEE Directive and End-of-Life Vehicles Regulation secure structured flows, and Nexans is injecting EUR 90 Million to lift French recycling to 80,000 tons per year by 2026. High energy prices nudge processors toward hydrometallurgical retrofits that deliver both emissions and cost advantages.

South America, the Middle East, and Africa form the final growth frontier. Brazil hosts green-mining pilots that integrate recycling loops with primary extraction. Argentina’s 12.8 Million-ton Josemaría deposit could catalyze co-located recycling clusters. Saudi Arabia links new copper mining concessions with local smelting and recycling incentives to diversify its economy. South Africa’s Copper 360 expects revenue of ZAR 1.2-1.9 Billion by February 2025, demonstrating the viability of integrated scrap-to-cathode models on the continent.

Recycled Copper Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The Recycled Copper market is fragmented in nature, with few major players, such as Aurubis AG, Jiangxi Copper Corporation, Umicore, and Wieland-Werke AG. Major processors integrate upstream to control scrap inflow while ramping multi-route refining capacity. Aurubis leads with a EUR 1.7 Billion capital program spanning Germany and the United States. Key objectives include expanding multi-metal recycling and cutting CO2 intensity. Umicore leverages closed-loop deals with battery OEMs to secure high-grade scrap and rebalance portfolio exposure toward mobility materials. Strategic collaborations emerge as OEMs seek assured low-carbon supply. The landscape is thus coalescing around scale, sustainability credentials, and technology adoption while leaving niche space for regional specialists that focus on specific scrap types or tailored alloy grades.

Recycled Copper Industry Leaders

  1. Wieland-Werke AG

  2. Umicore

  3. Jiangxi Copper Corporation

  4. Aurubis AG

  5. Sims Limited

  6. *Disclaimer: Major Players sorted in no particular order
Recycled Copper Market Concentration
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Recent Industry Developments

  • June 2025: The Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) officially inaugurated Oman’s first facility to recycle copper from mining waste. The RO 41 million (USD 106.6 million) plant uses sustainable technologies to process legacy mining waste into copper cathodes.
  • May 2025: Samta Group and its business unit, Samta Metals & Alloys (SMA), initiated construction on a USD 70 million facility in Kenitra, Morocco. This 394,000 square feet plant will be able to melt 46,000 tons of aluminum and copper scrap annually and produce copper rod and aluminum ingot.

Table of Contents for Recycled Copper Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Demand for Sustainable and Circular Economy Practices
    • 4.2.2 Increasing Copper Intensity in Electric and Electronics Manufacturing
    • 4.2.3 Infrastructure Modernization Creating Demand in Emerging Economies
    • 4.2.4 OEM Take-back Mandates Accelerating High-grade Scrap Flows
    • 4.2.5 Increasing Demand for Renewable Energy Infrastructures
  • 4.3 Market Restraints
    • 4.3.1 Scrap-price Volatility Compressing Recycler Profit Margins
    • 4.3.2 Quality Variation and Contamination in Mixed Copper Streams
    • 4.3.3 Green-copper Certification Costs Burdening Small Recyclers
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Competitive Rivalry

5. Market Size and Growth Forecast (Volume)

  • 5.1 By Copper Type
    • 5.1.1 Pure Copper
    • 5.1.2 Copper Alloys
  • 5.2 By Source
    • 5.2.1 Post-Consumer Scrap
    • 5.2.2 Industrial Scrap
  • 5.3 By Process
    • 5.3.1 Mechanical Recycling
    • 5.3.2 Pyrometallurgical Recycling
    • 5.3.3 Hydrometallurgical Recycling
    • 5.3.4 Combined Pyro-Hydro Routes
  • 5.4 By End-user Industries
    • 5.4.1 Electrical and Electronics
    • 5.4.2 Building and Construction
    • 5.4.3 Transportation
    • 5.4.4 Industrial Equipment
    • 5.4.5 Consumer Goods
    • 5.4.6 Other End-user Industries (Telecom, etc.)
  • 5.5 By Geography
    • 5.5.1 Asia-Pacific
    • 5.5.1.1 China
    • 5.5.1.2 Japan
    • 5.5.1.3 India
    • 5.5.1.4 South Korea
    • 5.5.1.5 ASEAN Countries
    • 5.5.1.6 Rest of Asia-Pacific
    • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Russia
    • 5.5.3.7 NORDIC Countries
    • 5.5.3.8 Rest of Europe
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 South Africa
    • 5.5.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share(%)/Ranking Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, and Recent Developments)}
    • 6.4.1 Aurubis AG
    • 6.4.2 Boliden Group
    • 6.4.3 Chiho Environmental Group Limited
    • 6.4.4 CMC
    • 6.4.5 CRONIMET Holding GmbH
    • 6.4.6 European Metal Recycling Ltd.
    • 6.4.7 Hindalco Industries Ltd.
    • 6.4.8 Jiangxi Copper Corporation
    • 6.4.9 Korea Zinc Co. (Sun Metals)
    • 6.4.10 Kuusakoski Oy
    • 6.4.11 OmniSource, LLC
    • 6.4.12 Sims Limited
    • 6.4.13 Umicore
    • 6.4.14 Wieland-Werke AG

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
  • 7.2 Bioleaching Process to Extract Copper From E-waste
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Global Recycled Copper Market Report Scope

By Copper Type
Pure Copper
Copper Alloys
By Source
Post-Consumer Scrap
Industrial Scrap
By Process
Mechanical Recycling
Pyrometallurgical Recycling
Hydrometallurgical Recycling
Combined Pyro-Hydro Routes
By End-user Industries
Electrical and Electronics
Building and Construction
Transportation
Industrial Equipment
Consumer Goods
Other End-user Industries (Telecom, etc.)
By Geography
Asia-Pacific China
Japan
India
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
By Copper Type Pure Copper
Copper Alloys
By Source Post-Consumer Scrap
Industrial Scrap
By Process Mechanical Recycling
Pyrometallurgical Recycling
Hydrometallurgical Recycling
Combined Pyro-Hydro Routes
By End-user Industries Electrical and Electronics
Building and Construction
Transportation
Industrial Equipment
Consumer Goods
Other End-user Industries (Telecom, etc.)
By Geography Asia-Pacific China
Japan
India
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

How big will recycled copper demand get by 2030?

Global demand is expected to reach 13.88 Million tons by 2030 as the Recycled Copper market grows at an 8.96% CAGR.

Which region leads in recycled copper adoption?

Asia-Pacific holds 44.64% of 2024 volume and should maintain leadership with a projected 9.81% CAGR through 2030.

What segment is growing fastest?

Transportation applications are forecast to expand at 9.92% CAGR between 2025 and 2030 as EV output climbs.

Why are hydrometallurgical processes gaining traction?

They deliver up to 99% metal recovery, lower emissions, and superior economics in regions facing high energy costs.

How are OEM take-back mandates affecting supply?

Structured programs in the EU, India, and Japan create predictable, high-grade scrap flows that reduce feedstock risk for recyclers.

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