Global Copper Scrap Market Projected to Reach Nearly $148.6 Billion by 2034

Published: Jan 14, 2026 11:24
The global copper scrap market is projected to grow from about $70.5 billion in 2025 to nearly $148.6 billion by 2034, with a strong CAGR of 8.64%. Increasing demand for recycled copper feedstock highlights growing investment and expansion opportunities across the recycled supply chain, especially in the Asia Pacific region.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
The global copper scrap market is projected to grow from about $70.5 b - Shanghai Metals Market (SMM)