According to a research report from Spherical Insights & Consulting, one of the world's leading market data providers, the output value of the global aluminum scrap recycling market reached US$5.6 billion in 2021. It is expected to reach US$ 25.12 billion by 2030. The value is expected to grow at a compound annual growth rate (CAGR) of 8.16% over the period from 2021 to 2030.
The North American region is expected to have the fastest growth during the forecast period.
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