Copper Scrap Market

The copper scrap market encompasses the collection, processing, and recycling of used copper from sources like electrical wires, pipes, and electronics. The primary customers are industrial end-users in sectors such as electrical and electronics, building and construction, and manufacturing. Key growth drivers include the global push for sustainability and circular economies, coupled with the increasing cost and price volatility of newly mined copper, making recycled scrap a more economical and environmentally friendly alternative.

CAGR

8.9%

Compound Annual Growth Rate

Current Value

$75.5B

Estimated 2026

Projected Value

$149.3B

By 2034

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