Learn about the global processed nonferrous metal market through The Business Research Company, which provides information on processed nonferrous metal market size, processed nonferrous metal market drivers and restraints, processed nonferrous metal market players, the COVID-19 impact on the processed nonferrous metal market, and more.

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%.

Rapidly growing urban populations are expected to drive the demand for non-ferrous metal products in the forecast period.

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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.

Global Processed Nonferrous Metal Market Segments Include:

By Type: Smelted and Refined Nonferrous Metal (except Aluminium), Rolled, Extruded And Alloyed Copper, Rolled and Extruded Nonferrous Metal (except Copper And Aluminium), Secondary Smelted, Refined And Alloyed Nonferrous Metal (except Copper And Aluminium)

By End User Industry: Automotive, Electronic Power, Construction, Others

By Process Type: Smelting and Refining, Rolling, Drawing, Extruding, Alloying, Other

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global processed nonferrous metal market, accounting for 73% of the market in 2020.

Additive manufacturing (AM) is being widely used for manufacturing a wide range of metal products. The transition of additive manufacturing from a product development tool to production tool has been quick. Increased investment in metal AM technology is further leading to process improvements, lower productions costs in allied manufacturing industries.

TBRC’s processed nonferrous metal market report covers:

Major Market Players: Aluminium Corp. of China Ltd, Vale S.A., Rio Tinto plc, Anglo American plc, BHP Billiton plc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Processed Nonferrous Metal Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides processed nonferrous metal market overviews, analyses and forecasts market size, share, processed nonferrous metal market players, processed nonferrous metal market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s processed nonferrous metal market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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