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Copper Scrap Market Size & Growth Forecast 2026–2035, By Segments (Feed Material, Grade, Application, End-use), Regional Demand Trends (North America, Asia Pacific, Europe), Key Country Insights (U.S., Japan, South Korea, Germany, France, Italy), and Competitive Landscape

Report ID: FBI 13887| Published Date: May-2026| Format: PDF, Excel
MARKET OUTLOOK

Market Size and Growoth Outlook

Copper Scrap Market size stood at USD 74.84 Billion in 2025 and is predicted to grow at a 8.7% CAGR from 2026 to 2035, attaining USD 172.36 Billion by 2035. The industry revenue for 2026 is estimated at USD 80.5 billion.

Base Year Value (2025)
USD 74.84 Billion
CAGR (2026-2035)
8.7%
Forecast Year Value (2035)
USD 172.36 Billion
Historical Data Period
2022-2025
Largest Region
Asia Pacific
Forecast Period
2026-2035

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SNAPSHOT

Copper Scrap Market Intelligence Snapshot

Regional Market Dynamics

  • Asia Pacific held a 62.90% market share in 2025, supported by its large metal processing base, dense manufacturing activity, and efficient scrap collection feeding smelting and fabrication operations.
  • North America is projected to grow at a 9.83% CAGR as stronger recycling activity and greater use of secondary copper increase demand for organized scrap recovery, sorting, and processing capacity.

Segment Momentum

  • Old Scrap leads with 54.18% share in 2025 due to abundant end-of-life wiring, plumbing, and industrial materials, ensuring consistent recoverable feedstock for recyclers and stable processing volumes.
  • Bare Bright is the fastest-growing grade as demand rises for cleaner, high-purity copper that improves processing efficiency and reduces preparation effort, supporting higher-value downstream applications.

Market Expansion Drivers

  • Sustainability-driven recycling demand reducing emissions and improving copper resource efficiency.
  • Advancements in scrap sorting, metallurgical recovery, and e-waste processing technologies.
  • Expanding EV and renewable energy infrastructure increasing demand for recycled copper supply chains.

Leading Market Participants

FORECAST SNAPSHOT

Global Market Forecast Snapshot

Market Outlook

Major players in the copper scrap market include Aurubis AG (Germany), Glencore plc (Switzerland), Commercial Metals Company (United States), Sims Limited (Australia), European Metal Recycling Ltd. (United Kingdom), OmniSource, LLC (United States), Schnitzer Steel Industries, Inc. (United States), Kuusakoski Group Oy (Finland), David J. Joseph Company (United States), HKS Metals B.V. (Netherlands).

Regional and Segment Outlook

Asia Pacific
MARKET DYNAMICS

Market Growth Drivers and Industry Trends

Sustainability-driven recycling demand reducing emissions and improving copper resource efficiency

Tighter corporate decarbonization targets and growing preference for lower-impact raw materials are pushing manufacturers, builders, and cable producers to raise the recycled content in procurement, increasing demand for the copper scrap market. This shift works in practice by making scrap-based copper feedstock more attractive to smelters and refiners seeking to reduce dependence on energy-intensive primary extraction while improving material yield from existing products and industrial waste streams. As buyers place greater emphasis on traceable circular sourcing, collection networks, processors, and secondary copper suppliers gain a stronger role in purchasing decisions, supporting market expansion through higher scrap recovery and more structured downstream offtake.

Advancements in scrap sorting, metallurgical recovery, and e-waste processing technologies

Improvements in sensor-based sorting, automated separation, and recovery processes are changing the economics of lower-grade and mixed copper-bearing waste, driving market development for the copper scrap market. Better sorting accuracy raises the purity of processed scrap, which allows refiners and fabricators to use a wider range of secondary inputs without compromising product specifications. At the same time, more effective metallurgical recovery from complex assemblies and electronic waste unlocks feedstock that was previously difficult or costly to process, increasing market penetration by expanding commercially viable scrap volumes and improving processor margins.

Expanding EV and renewable energy infrastructure increasing demand for recycled copper supply chains

The buildout of electric vehicles, charging systems, grid upgrades, solar installations, and wind projects is increasing the amount of copper required by manufacturers that are also under pressure to secure resilient and lower-emission supply, reinforcing market demand for the copper scrap market. In practice, this is shifting sourcing strategies toward recycled copper streams that can supplement mined supply and reduce exposure to raw material volatility, especially for wire, motors, busbars, and power system components. As supply chains for electrification mature, processors capable of delivering consistent quality and traceable secondary copper are becoming more closely integrated with industrial buyers, contributing to market size growth through longer-term procurement relationships.

Growth Driver Impact on CAGR Regulatory Influence Geographic Relevance Adoption Rate Impact Timeline
Sustainability-driven recycling demand reducing emissions and improving copper resource efficiency 2.50% High North America, Europe, Asia Pacific High Near Term
Advancements in scrap sorting, metallurgical recovery, and e-waste processing technologies 2.00% Moderate Europe, Asia Pacific Medium Mid Term
Expanding EV and renewable energy infrastructure increasing demand for recycled copper supply chains 1.70% Moderate Asia Pacific, Europe, North America High Mid Term
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REGIONAL FORECAST

Regional Demand Dynamics

Polymer Modified Bitumen Market
Largest Region
Asia Pacific
62.90% Market Share in 2025
Asia Pacific (Largest Region) vs North America (Fastest-Growing Region)

Asia Pacific held the leading position in 2025, accounting for a 62.90% share of the copper scrap market. This leadership is sustained by the region’s large-scale metal processing base, dense manufacturing activity, and strong concentration of downstream industries that continuously generate and consume recycled copper. In practice, high volumes of industrial production and scrap collection create an efficient flow of material back into smelting, refining, and fabrication operations, helping the region maintain steady market activity and a dominant regional presence.

North America is projected to expand at a 9.83% CAGR over the forecast period, with growth in the copper scrap market being fueled by stronger recycling activity and rising reliance on secondary copper supply across industrial applications. The region’s momentum reflects practical shifts in sourcing behavior, as manufacturers and processors increasingly integrate recovered copper into supply chains to manage material availability and support cost-efficient production. This is boosting demand for organized scrap recovery, sorting, and processing capacity across the regional value chain.

Parameter North America Asia Pacific Europe Latin America MEA
Innovation Hub i Scale Nascent Developing Advanced
Cost-Sensitive Region i Scale Low Medium High
Regulatory Environment i Scale Restrictive Neutral Supportive
Demand Drivers i Scale Weak Moderate Strong
Development Stage i Scale Emerging Developing Developed
Adoption Rate i Scale Low Medium High
New Entrants / Startups i Scale Sparse Moderate Dense
Macro Indicators i Scale Weak Stable Strong
COUNTRY INSIGHTS

Key Country Insights

Germany 🇩🇪

Industrial Recycling Integration

Germany emphasizes copper scrap recovery as part of its resource efficiency and industrial decarbonization agenda. German manufacturers are strengthening partnerships with recyclers to secure high-quality secondary copper inputs for automotive, machinery, and electrical equipment production.

France 🇫🇷

Sustainable Materials Transition

France is integrating copper scrap utilization into broader circular economy initiatives and industrial sustainability programs. French manufacturers are increasingly seeking traceable recycled copper sources to align with environmental targets and reduce dependence on primary metal extraction.

Italy 🇮🇹

Manufacturing Feedstock Diversification

Italy's copper scrap market benefits from demand across metalworking, cable, and equipment manufacturing industries. Italian recyclers are prioritizing efficient collection networks and higher-value processing to provide manufacturers with dependable secondary copper feedstock.

Japan 🇯🇵

Resource Security Through Recycling

Japan relies on copper scrap processing to reduce exposure to imported raw material constraints and improve supply resilience. Companies in Japan are investing in advanced sorting and refining technologies that enable greater recovery of high-purity copper from end-of-life products.

South Korea 🇰🇷

Electronics Recovery Ecosystem

South Korea's copper scrap market is supported by the recycling of electronic equipment and industrial waste streams. Domestic processors are focusing on efficient material recovery systems that can supply secondary copper for semiconductor, battery, and electrical manufacturing applications.

United States 🇺🇸

Circular Metals Supply Base

The U.S. copper scrap market is increasingly tied to domestic manufacturing and grid modernization investments that require stable secondary copper supply. Processors in the U.S. are expanding collection and refining capabilities to support demand from electric vehicles, construction, and renewable energy equipment.

SEGMENT ANALYSIS

Segment Leadership and Growth Trends

Copper Scrap Market Share (%), Feed Material, 2025

Old Scrap
New Scrap

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Feed Material Segment Analysis: Old Scrap (Largest & Fastest-Growing Segment)

Old Scrap held a 54.18% share of the copper scrap market in 2025, and it continues to post the strongest growth within feed material because it aligns well with the practical realities of copper recovery and reuse. its position is maintained through the large installed base of end-of-life wiring, plumbing, industrial equipment, and building materials that consistently feeds collection channels. That same availability supports ongoing momentum in the copper scrap market, as processors and recyclers favor feedstock streams that are already widely recoverable, commercially familiar, and suitable for established refining operations.

Grade Segment Analysis: 2 Copper Scrap (Largest Segment) vs Bare Bright (Fastest-Growing Segment)

Within the copper scrap market, 2 Copper Scrap accounted for a 33.5% share in 2025, making it the leading grade segment due to its broad availability across mixed recovery streams. Its position is underpinned by the fact that a substantial portion of collected copper enters the recycling chain with coatings, attachments, or moderate contamination, which naturally places it in the 2 Copper Scrap category. This makes it the most commercially common input for processors managing high-volume, varied scrap inflows.

Bare Bright is emerging as the fastest-growing grade in the copper scrap market because demand is strengthening for cleaner, higher-purity recovered copper that can move through downstream processing with less preparation. Its growth relative to other grades is being underpinned by market preference for scrap that offers easier handling, stronger recovery efficiency, and better alignment with quality-sensitive end uses. As sorting and recovery practices improve, Bare Bright is gaining momentum as a more attractive grade within the recycling value chain.

Segment Sub-Segment Largest Segment Fastest Growing
Feed Material Old Scrap, New Scrap Old Scrap Old Scrap
Grade Bare Bright, #1 Copper Scrap, #2 Copper Scrap, Others #2 Copper Scrap Bare Bright
Application Wire Rod Mills, Brass Mills, Ingots Makers, Others Brass Mills Ingots Makers
End-use Building & Construction, Electrical & Electronics, Industrial Machinery & Equipment, Transportation Equipment, Consumer and General Products Electrical & Electronics Electrical & Electronics
Competitive Landscape

Competitive Landscape and Market Positioning

Prominent players in the copper scrap market:

1. Aurubis AG (Germany)

2. Glencore plc (Switzerland)

3. Commercial Metals Company (United States)

4. Sims Limited (Australia)

5. European Metal Recycling Ltd. (United Kingdom)

6. OmniSource LLC (United States)

7. Schnitzer Steel Industries Inc. (United States)

8. Kuusakoski Group Oy (Finland)

9. David J. Joseph Company (United States)

10. HKS Metals B.V. (Netherlands)

Growing demand for recycled metals is encouraging efficiency improvements throughout the copper scrap market. Investment in advanced sorting, processing, and recovery technologies is enhancing recycling performance while supporting reliable raw material supply for manufacturing and infrastructure applications.

Company Market Share Company Revenue Revenue CAGR (%) Product Portfolio Geographic Presence Innovation / R&D Focus Strategic Developments
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Industry News

Industry Development/News

Company Name Date Key Development
Aurubis AG Sep-25 Aurubis AG launched its $800 million copper recycling facility in Richmond, Georgia. The plant is engineered to process 180,000 metric tons of complex copper scrap annually, producing 70,000 tons of blister copper. This strategic investment significantly expands North American recycling capacity and strengthens the regional circular supply chain for copper.
Cunext Group Jul-25 Cunext Group announced the construction of a new secondary copper production facility in Córdoba, Spain. With an annual capacity of 100,000 tons of recycled copper, the project represents a major capital investment in European circular economy infrastructure, aimed at increasing the availability of high-quality recycled copper for industrial applications.
Wieland Aug-25 Wieland held a groundbreaking ceremony for a new investment project at its Vöhringen site in Germany. This expansion scales the company's copper and brass production footprint, supporting downstream industrial demand and strengthening the integrated supply chain for both primary and secondary copper-based manufacturing materials.
Sims Limited May-24 Sims Limited initiated an expansion of its non-ferrous metal recycling operations in the United States. The initiative centers on upgrading sorting and processing technologies to enhance the recovery rates of high-value copper and aluminum from industrial and post-consumer scrap, directly supporting the growing market demand for recycled feedstock.
Radius Recycling Mar-24 Radius Recycling (formerly Schnitzer Steel) invested in advanced metal recovery technology upgrades across its North American facility network. These improvements are designed to increase the efficiency of non-ferrous scrap processing, specifically targeting higher output yields of recycled copper to meet the needs of domestic and global manufacturing sectors.
Aurubis Jul-25 Aurubis is currently navigating significant executive and governance adjustments following an ongoing fraud investigation. The organizational instability at one of Europe's largest copper recyclers introduces potential risks to operational oversight and long-term strategic initiatives within the regional copper recycling and production value chain.
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How much revenue does the copper scrap market generate?

As of 2026 the market size of copper scrap is valued at USD 80.5 billion.

What are the growth projections for the copper scrap industry?

Copper Scrap Market size is expected to advance from USD 74.84 billion in 2025 to USD 172.36 billion by 2035 registering a CAGR of more than 8.7% across 2026-2035.

How are decarbonization and circular sourcing requirements influencing procurement strategies in the copper scrap market?

Manufacturers and cable producers are increasingly raising recycled copper content targets, favoring traceable scrap streams. This shifts procurement toward secondary suppliers, strengthens collection networks, and reduces reliance on energy-intensive primary extraction.

What impact is electrification infrastructure expansion having on recycled copper supply chain development?

EVs, charging networks, grid upgrades, and renewable installations are increasing copper demand while pushing buyers toward lower-emission recycled supply. This strengthens long-term sourcing relationships with processors able to deliver consistent secondary copper quality.

Why does Old Scrap dominate the copper scrap feed material segment?

Old Scrap leads with 54.18% share in 2025 due to abundant end-of-life wiring, plumbing, and industrial materials, ensuring consistent recoverable feedstock for recyclers and stable processing volumes.

What is driving growth in Bare Bright copper scrap within the market?

Bare Bright is the fastest-growing grade as demand rises for cleaner, high-purity copper that improves processing efficiency and reduces preparation effort, supporting higher-value downstream applications.

Why does Asia Pacific lead the copper scrap market?

Asia Pacific held a 62.90% market share in 2025, supported by its large metal processing base, dense manufacturing activity, and efficient scrap collection feeding smelting and fabrication operations.

Why is North America the fastest-growing region in the copper scrap market?

North America is projected to grow at a 9.83% CAGR as stronger recycling activity and greater use of secondary copper increase demand for organized scrap recovery, sorting, and processing capacity.

What are the prominent companies operating in the copper scrap landscape?

Major players in the copper scrap market include Aurubis AG (Germany), Glencore plc (Switzerland), Commercial Metals Company (United States), Sims Limited (Australia), European Metal Recycling Ltd. (United Kingdom), OmniSource, LLC (United States), Schnitzer Steel Industries, Inc. (United States), Kuusakoski Group Oy (Finland), David J. Joseph Company (United States), HKS Metals B.V. (Netherlands).
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