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Copper Scrap Market Size & Growth Forecast 2027–2036, 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: Jul-2026| Format: PDF, Excel
Market Outlook

Market Size and Growth Outlook

Copper Scrap Market size stood at USD 42.4 billion in 2026 and is predicted to grow at a 8.84% CAGR from 2027 to 2036, attaining USD 98.91 billion by 2036. The industry revenue for 2027 is estimated at USD 45.55 billion.

Base Year Value (2026)
USD 42.4 billion
CAGR (2027-2036)
8.84%
Forecast Year Value (2036)
USD 98.91 billion
Historical Data Period
2022-2026
Largest Region
Asia Pacific
Forecast Period
2027-2036

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Snapshot

Copper Scrap Market Intelligence Snapshot

Regional Market Dynamics

  • Asia Pacific held a 62.90% market share in 2026, 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 2026 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

  • 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).

Forecast Snapshot

Global Market Forecast Snapshot

Market Outlook

  • 2026 Market Size: USD 42.4 billion
  • 2027 Estimated Market Size: USD 45.55 billion.
  • Projected Market Size: USD 98.91 billion by 2036
  • Growth Forecast: 8.84% CAGR (2027-2036)

Regional and Segment Outlook

  • Leading Regional Market: Asia Pacific
  • High-Growth Regional Hub: North America
  • Core Revenue Segment: Old Scrap (Feed Material) | #2 Copper Scrap (Grade) | Brass Mills (Application) | Electrical & Electronics (End-use)
  • Emerging Opportunity Segment: Old Scrap (Feed Material) | Bare Bright (Grade) | Ingots Makers (Application) | Electrical & Electronics (End-use)
Market Dynamics

Market Growth Drivers and Industry Trends

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

Greater emphasis on resource conservation and lower-emission manufacturing is strengthening demand for recovered copper, which will drive the copper scrap market growth. Recycling copper allows valuable metal to be returned to industrial supply chains while reducing dependence on newly extracted resources and improving material utilization. Manufacturers and processors are increasingly incorporating recycled inputs into production strategies as sustainability objectives become more important across metal-intensive industries. The ability to recover copper from discarded products, manufacturing residues, and obsolete equipment also supports more efficient use of existing resources, particularly where industries are seeking to improve material circularity and reduce the environmental burden associated with primary metal production.

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

Technological improvements throughout the recovery process are increasing the efficiency and quality of copper recycling, thereby supporting expansion in the copper scrap market. Advanced sorting systems can improve the separation of copper-bearing materials from mixed scrap streams, while improved metallurgical techniques enable greater recovery from complex feedstocks. Developments in e-waste processing are particularly important because discarded electronic equipment contains copper in increasingly diverse forms and concentrations, requiring more sophisticated recovery methods. Better processing efficiency can increase the amount of recoverable copper while improving the consistency of recycled material supplied to downstream manufacturers, making previously difficult or uneconomical scrap streams more attractive for recovery.

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

Rapid development of electric vehicles and renewable energy infrastructure is creating additional requirements for copper-intensive components, strengthening the role of recycled materials in the copper scrap market. Electric vehicles rely heavily on copper in electrical systems, motors, wiring, and charging infrastructure, while renewable power installations require copper for electrical connections, cabling, generators, and grid integration. As these applications expand, manufacturers and material suppliers are seeking diversified sources of copper to complement primary production. Recycled copper can provide an important secondary feedstock for these supply chains, encouraging stronger collection networks, processing capacity, and long-term investment in scrap recovery operations.

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

Copper Scrap Market
Largest Region
Asia Pacific
62.9% Market Share in 2026

Asia Pacific (Largest Region)

Holding the largest share of the copper scrap market, Asia Pacific accounted for 62.90% in 2026, reflecting its extensive manufacturing base, large-scale metal-processing industries, and strong demand for copper across electrical, construction, electronics, and infrastructure applications. The region's concentration of fabrication and industrial activity generates substantial volumes of recoverable copper while supporting strong demand for recycled material as manufacturers seek efficient and cost-effective sources of metal. Expanding electrification and infrastructure development further reinforce copper consumption, making efficient scrap collection, processing, and reintegration into production increasingly important. Growing attention to resource efficiency and industrial sustainability is also encouraging greater utilization of secondary copper.

North America (Fastest-Growing Region)

North America is the fastest-growing region, supported by increasing emphasis on domestic material recovery, supply-chain resilience, and efficient resource utilization. Demand for copper associated with electrification, power infrastructure, construction, and advanced manufacturing is strengthening the importance of recycled supply streams. Investments in recycling infrastructure and improved scrap collection systems are helping increase the availability and quality of recovered copper, while manufacturers are placing greater value on dependable secondary raw materials. Sustainability objectives and efforts to reduce reliance on newly extracted resources are also encouraging broader participation in organized copper recovery and recycling networks.

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 (%), by Feed Material, 2026

Old Scrap
New Scrap

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

The copper scrap market was led by the old scrap segment, which captured a 54.18% share in 2026 while also representing the fastest-growing feed material category. Old scrap from demolished buildings, retired electrical equipment, transportation assets, and industrial machinery provides a substantial source of recoverable copper for secondary production. Growing emphasis on resource conservation, energy-efficient metal recovery, and circular manufacturing is increasing investment in collection and processing infrastructure. Rising demand for recycled copper in electrical, construction, and industrial applications further strengthens the segment's dominant position.

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

#2 copper scrap accounted for the largest grade share at 33.5% in 2026, supported by its widespread availability from mixed industrial, commercial, and residential waste streams. Although it requires additional processing before reuse, its abundant supply and economic value make it an important input for secondary smelting and refining operations. Expanding recycling networks continue to sustain demand for this grade.

Bare bright is the fastest-growing grade because of its high purity and suitability for applications that require premium recycled copper with minimal processing. Manufacturers increasingly value cleaner recycled feedstock to improve production efficiency and meet stringent quality requirements, particularly in electrical and electronic products. Greater emphasis on high-value recycling is accelerating demand for this premium-grade material.

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
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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
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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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.
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.
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.
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.
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.
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1 Custom Segments 2 Custom TOC 3 Related Reports

Copper Scrap Market — Custom Segments

Segment Sub-Segment
Scrap Source Industry Construction & Demolition, Electrical & Electronics, Automotive & Transportation, Industrial Manufacturing, Consumer & Commercial Products
Processing Stage Unprocessed Scrap, Sorted & Prepared Scrap, Processed Scrap, Refined Copper Feedstock
Trade Channel Domestic Direct Sales, Domestic Scrap Dealers & Traders, International Direct Trade, International Scrap Trading

Copper Scrap Market — Custom TOC

Custom Chapter Custom Details
Scrap Supply Chain Optimization Analysis
  • Copper Scrap Collection and Aggregation Networks
  • Material Sorting, Processing, and Quality Management
  • Supply Chain Bottlenecks and Efficiency Opportunities
  • Sourcing Optimization Priorities
Urban Mining Opportunity Assessment
  • Urban Copper Resource Availability
  • Recovery Opportunities From End-of-Life Products and Infrastructure
  • Collection and Recovery Models
  • Urban Mining Commercialization Potential
Secondary Copper Demand Outlook
  • Demand Drivers for Recycled Copper
  • End-use Applications and Quality Requirements
  • Secondary Copper Adoption Trends
  • Offtake Opportunities and Demand-Supply Considerations

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Frequently Asked Questions

How much revenue does the copper scrap market generate?

As of 2027 the market size of copper scrap is valued at USD 45.55 billion.

What are the growth projections for the copper scrap industry?

Copper Scrap Market size stood at USD 42.4 billion in 2026 and is predicted to grow at a 8.84% CAGR from 2027 to 2036, attaining USD 98.91 billion by 2036.

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 2026 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 2026, 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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