The global processed nonferrous metal market is expected to grow from $1216.94 billion in 2020 to $1263.62 billion in 2021 at a compound annual growth rate (CAGR) of 3.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1611.83 billion in 2025 at a CAGR of 6%.
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The processed nonferrous metal market consists of sales of processed nonferrous metals by entities (organizations, sole traders and partnerships) primarily engaged in smelting ores into nonferrous metals and/or the primary refining of nonferrous metals (except aluminum) by electrolytic methods or other processes. The processed nonferrous metal market is segmented into smelted and refined nonferrous metal (except aluminum); rolled, extruded and alloyed copper; rolled and extruded nonferrous metal (except copper and aluminum); and secondary smelted, refined and alloyed nonferrous metal (except copper and aluminum).
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The processed nonferrous metal market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the processed nonferrous metal market are Aluminum Corp. of China Ltd, Vale S.A., Rio Tinto plc, Anglo American plc, BHP Billiton plc.
The global processed nonferrous metal market is segmented –
1) By Type: Smelted and Refined Nonferrous Metal (except Aluminum), Rolled, Extruded And Alloyed Copper, Rolled and Extruded Nonferrous Metal (except Copper And Aluminum), Secondary Smelted, Refined And Alloyed Nonferrous Metal (except Copper And Aluminum)
2) By End User Industry: Automotive, Electronic Power, Construction, Others
3) By Process Type: Smelting and Refining, Rolling, Drawing, Extruding, Alloying, Other
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The processed nonferrous metal market report describes and explains the global processed nonferrous metal market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The processed nonferrous metal report evaluates the market across each region and for the major economies within each region.
The countries covered in the global processed nonferrous metal market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global processed nonferrous metal market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Processed Nonferrous Metal Market Characteristics
- Processed Nonferrous Metal Market Product Analysis
- Processed Nonferrous Metal Market Supply Chain
- Key Mergers And Acquisitions In The Processed Nonferrous Metal Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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