Recycled Aluminium a Gamechanger in Bid for Carbon-Free Metal Industry

News provided by

Dec 15, 2023, 12:15 ET

DUBLIN, Dec. 15, 2023 /PRNewswire/ -- The "World Recycled Aluminium Market Analysis - Industry Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

As the leading aluminium companies across the globe are aiming at achieving net zero carbon emissions, recycled aluminium demands more and more focused R&D. En+ Group, the world's biggest producer of low carbon aluminium and independent hydropower, has already unveiled its Pathway to Net Zero Report, providing comprehensive detail of its roadmap to become net zero by 2050 and reduce greenhouse gas emissions by at least 35% by 2030.

Similarly, the Norwegian aluminium company Hydro has announced that it would emphasis on the production of low-carbon aluminium, as well as broaden its portfolio into recycling, renewables, and batteries by 2025. At this juncturethe publisher feels extremely necessary to analyse the world recycled aluminium market and future growth potential to determine its contribution towards achieving sustainable and carbon-free aluminium metal industry.

This report has pointed out that China, the major user country of recycled aluminium in the world, is expected to increase its usage to 14.5 million tonnes by 2026. In Western Europe, recycled aluminium usage is forecast to grow to 5 million tonnes by 2026. While canstock is a mainstay sector of recycled aluminium consumption, casting applications is anticipated to emerge as a prime area across the globe. By 2026, world usage of recycled aluminium for castings applications is forecast to increase to about 16.6 million tonnes, surpassing the estimated consumption of 6.2 million tonnes in canstock.

Besides this, the report has attempted to cover industry-specific usage of recycled aluminium in each major region and its growth trend in the next five years.

The report covers the following points:

Recycled aluminium: Usage & Forecast across regions
Recycled aluminium: Usage by end use
Advantages of recycling aluminium
Recycling aluminium value chain
Recycled aluminium production processes
Global trends in aluminium scrap collection and recycling - macro perspective
Aluminium recycling - Technology developments - macro view
Aluminium recycling and pollution control - an overview
Applications of recycled aluminium
Key players in recycled aluminium production
Scrap demand and trade

Key Topics Covered:

Introduction

Advantages of recycling aluminium
Recycling aluminium value chain
Recycled aluminium production processes
Global trends in aluminium scrap collection and
recycling - macro perspective
Aluminium recycling and pollution control - an overview
Aluminium recycling - Technology developments - macro view
Applications of recycled aluminium
Terminology & abbreviations

Recycled Aluminium Usage and Forecast Across Regions

North America
South America
Western Europe
Eastern Europe
Asia Pacific
Western Europe
Rest of Asia Pacific (ex. China)
Middle East & Africa

Recycled Aluminium Production & Key Players

Overview of Recycled Aluminium Production
North America: Recycled aluminium production & key players
South America: Recycled aluminium production & key players
Europe: Recycled aluminium production & key players
Asia Pacific: Recycled aluminium production & key players
Middle East & Africa: Recycled aluminium production & key players

Scrap demand and trade

Post-consumer & pre-consumer scrap
Aluminium UBC recycling rates
Aluminium scrap trade

For more information about this report visit https://www.researchandmarkets.com/r/r28kdf

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets