Non Ferrous Metals Market Report 2023 (Global Edition)

Global Non Ferrous Metals Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Non Ferrous Metals Industry growth. Non Ferrous Metals market has been segmented with the help of its Metal Type, Application End-User, and others. Non Ferrous Metals market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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By Metal Type, Aluminum Metals was the Leading segment with 35.65% share of total Non-Ferrous Metals market in 2022.!

Based On The Type Of Non-Ferrous Metal, the market is segmented into aluminum, copper, lead, tin, and others. Aluminium held the largest market share in 2022, owing to its versatility, lightweight, recycling properties, and increasing demand automotive and construction industries. Aluminium has a wide range of applications, such as transportation, construction, packaging, and consumer goods. Further, copper held the second-largest market share in 2022. The cooper has excellent electrical conductivity, so it has applications in electrical and electronic applications, such as wiring, motors, and generators.

• Aluminum
• Copper
• Lead
• Tin
• Nickel
• Titanium
• Zinc

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Application Segment Analysis of Non Ferrous Metals Market

Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Non Ferrous Metals Market.

Some of the key Application of Non Ferrous Metals are:

• Automobile Industry
• Electronic Power Industry
• Construction Industry
• Other

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Non Ferrous Metals market report 2023 Edition by contacting our team.

Non Ferrous Metals End-User Segment Analysis

By End User, Construction was the Leading segment with 30.57% share of total Non-Ferrous Metals market in 2022.!

Based On End Users, the market is segmented into Automotive, Electrical, Packaging, Construction, and others. The construction industry is the largest contributor to the global nonferrous metal market in 2022, accounting for about 37.56%. Non-ferrous metals are widely used in the construction industry for roofing, plumbing, building materials, and electrical wiring, which is fuelling the growth of the market. Further, the transportation industry held the second-largest market share. Non-ferrous metals are used in the transportation industry, particularly in the automotive, aerospace, and rail sectors.

• Electrical
• Packaging
• Construction
• Transportation
• Others

Asia Pacific Non-Ferrous Metals market was dominant with 47.56% of total market share in 2022!

Asia Pacific is the largest contributor in global Non-ferrous metals, accounting for 47.56% of the market share in 2022. Many Asian countries such as India, China, and Japan have experienced strong economic growth, these countries are investing in infrastructure development which leads to the growth of the non-ferrous metal market. Asia Pacific region is home to many of the world's major manufacturing hubs, which also drive demand for non-ferrous metals. Europe held the second-largest market share in 2022. As Europe is the biggest consumer of non-ferrous metals worldwide. In the manufacture of non-ferrous metals, aluminum represents the largest share. According to, European Economy, the non-ferrous market turnover was €116.09 billion (1.8%) in 2010

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

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Non-Ferrous Metals Industry News:

• Derichebourg completed the takeover of Ecore after securing regulatory approval (January 2022)

A major merger has been completed in the French ferrous and non-ferrous metals recycling market. Market leader Derichebourg announced in December that it had finalized its takeover of competitor Ecore after having received clearance for the transaction from the EU.

• Acquisition of Stake in Valhalla Metals Inc. to Explore Non-ferrous Metals in Alaska, United States (September 2022)

MARUBENI METALS & MINERALS (CANADA) INC., a wholly owned subsidiary of Marubeni Corporation, and Valhalla Metals Inc., a Canadian exploration company, have agreed that MMM will acquire an approximately 19.99% stake in Valhalla by subscribing to a third-party allotment of new shares for approximately C$8.3 million.

• Sumitomo Metal Mining Co., Ltd. has Established SMM × Tohoku University GX Materials Science Co-Creation Research Center (October 2022)

Sumitomo Metal Mining Co., Ltd. and Tohoku University has established the SMM × Tohoku University GX Materials Science Co-Creation Research Center on October 1, 2022, with the aim of making proposals and plans for R&D themes concerning GX (Green Transformation) material science.

Top Companies Market Share in Non Ferrous Metals Industry: (In no particular order of Rank)

• Alcoa Inc.
• Hindalco-Novelis
• Rio Tinto plc
• Vale S.A.
• Aluminum Corp. of China Ltd.
• BHP Billiton plc
• Anglo American plc
• Glencore Xstrata plc
• MMC Norilsk Nickel JSC
• United Co. RUSAL plc
• Sumitomo Metal Mining Co Ltd
• Jiangaxi Jutong Co. Ltd.
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