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US Copper Scrap Market

ID: MRFR/CnM/66482-CR
100 Pages
Chitranshi Jaiswal
February 2026

US Copper Scrap Market Research Report Information by Scrap Source (Industrial Scrap, Post Consumer Scrap), By Scrap Copper Grade (Bare Bright Copper, Grade # 1 Copper, Grade # 2 Copper, Others), By End-Use (Automotive, Construction, Electrical and Electronics, Renewable Energy Systems and Others) - Forecast to 2035

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US Copper Scrap Market Summary

As per Market Research Future analysis, the US Copper Scrap Market Size was valued at USD 10,250.46 million in 2024. US Copper Scrap Market industry is projected to grow from USD 11,078.14 million in 2025 to USD 21,195.07 million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.703% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US Copper Scrap Market exhibits thrive on sustainability, automotive demand, and technological upgrades, with projections showing steady double-digit growth rates through the decade:

  • Renewable energy projects, including solar farms and wind turbines, plus grid upgrades for data centers, further boost consumption.
  • Recycled copper uses far less energy than virgin production, aligning with federal grants and circular economy policies that fund recycling expansions. States award incentives for scrap processing, reducing emissions and landfill waste while stabilizing supply chains.
  • Grid modernization projects under recent federal initiatives demand vast copper quantities for transmission lines and substations. Recycled scrap meets this need efficiently, as new U.S. policies prioritize domestic sourcing.
  • Residential and commercial builds surge copper pipe and roofing demand, with green building codes favoring recycled materials. Hurricane recovery in the South accelerates scrap reuse.

Market Size & Forecast

2024 Market Size 10,250.46 (USD Million)
2035 Market Size 21,195.07 (USD Million)
CAGR (2025 - 2035) 6.703%

Major Players

Radius Recycling, Inc, Nucor, Sims Limited, CMC, OmniSource, LLC, United Scrap Metal, Steel Dynamics, Metalico, Inc, SCHUPAN, SA Recycling LLC.

Our Impact
Enabled $4.3B Revenue Impact for Fortune 500 and Leading Multinationals
Partnering with 2000+ Global Organizations Each Year
30K+ Citations by Top-Tier Firms in the Industry

US Copper Scrap Market Trends

In the United States, the increasing demand for copper is being driven by the rapid growth of electric vehicles (EVs), the expansion of renewable energy infrastructure, and the ongoing modernization of the national power grid. Copper’s unmatched electrical conductivity makes it indispensable across a wide range of clean energy technologies, including solar panels, wind turbines, EV batteries, inverters, and high-voltage transmission lines. As a result, the demand for reliable, scalable sources of copper has surged—placing recycled copper (copper scrap) at the forefront of the U.S. energy transition strategy. Copper scrap offers a low-carbon, energy-efficient alternative to virgin copper, helping meet growing material needs without increasing dependency on mining operations, which are both resource-intensive and environmentally impactful.

Recycling copper uses up to 85% less energy than primary copper production and generates significantly lower greenhouse gas emissions, making it a key enabler of national climate goals. Moreover, there is a rising regulatory and corporate emphasis on sustainability, resource efficiency, and ethical sourcing. As ESG (Environmental, Social, and Governance) criteria become embedded in corporate procurement policies, major manufacturers—particularly in the automotive, electronics, and green technology sectors—are increasingly integrating recycled copper into their supply chains. This not only helps reduce operational carbon footprints but also aligns with broader circular economy principles by extending the life cycle of valuable materials.

US Copper Scrap Market Drivers

Electrification & Clean Energy Transition

In US, the growing demand for copper in electric vehicles (EVs), renewable energy infrastructure, and power grid modernization is a major driver. Since copper is essential for electrical conductivity, its usage is surging across solar panels, wind turbines, EV batteries, and transmission lines. Copper scrap provides a low-carbon alternative to meet this demand, offering a scalable way to support the clean energy transition without over-relying on new mining operations.

Circular Economy and Sustainability Pressures

Increasing regulatory and corporate focus on sustainable material sourcing and lowering environmental impact in the US drives the demand for copper scrap in the country. Copper scrap recycling uses up to 85% less energy than primary production and significantly reduces CO₂ emissions. Large manufacturers, especially in the electronics and automotive sectors, are actively integrating recycled copper into their supply chains to meet ESG goals, reduce carbon footprints, and align with circular economy principles.

Market Segment Insights

By Copper Scarp: Bare Bright Copper (Largest) vs, Grade Copper (Fastest-Growing)

Based on U.S. copper scrap market is segmented by scrap grade into Bare Bright Copper, Grade #1 Copper, Grade Copper, and other grades (such as insulated wire, shred, and alloyed scrap). Among these, Grade Copper, holds the highest market share which includes clean, unalloyed copper materials like pipe or tubing with minimal oxidation, also represents a significant share of the market. It is preferred in sectors such as construction and HVAC manufacturing, where slightly lower purity than Bare Bright is acceptable but efficiency and conductivity remain important.

By End-Use: Construction vs. Automotive: Emerging

Based on End-Use, U.S. copper scrap market is segmented based on end-use applications into automotive, construction, electrical and electronics, renewable energy systems, and other industrial uses. In 2024, the electrical and electronics and construction sectors collectively held the largest market share, reflecting broader global trends where these industries represent the primary consumers of recycled copper due to its superior electrical conductivity and mechanical versatility. Copper scrap plays a vital role in supporting the modernization of U.S. infrastructure, including electrical grids, commercial buildings, and residential housing developments. With copper prices subject to global market dynamics, the use of recycled copper has become increasingly important in cost-sensitive sectors like construction, where demand remains robust due to infrastructure investment and urban development projects.

By Scarp: Post-Consumer Scrap (Largest) vs. Industrial Scrap (Fastest-Growing)

Based on Scarp, U.S. copper scrap market is segmented by source into Industrial Scrap and Post-Consumer Scrap. Among these, the Industrial Scrap segment held the largest market share in 2024, aligning with broader global trends in copper recycling and resource efficiency. Industrial scrap—also referred to as "new scrap"—is generated from manufacturing processes, including cuttings, punching, and offcuts from copper wire, tubing, and sheet production. Its dominance in the U.S. market is driven by several factors: consistently high purity levels, predictable supply volumes, and lower contamination risk, making it an ideal feedstock for smelters and refiners seeking efficiency and quality assurance in secondary copper production.

Get more detailed insights about US Copper Scrap Market

Key Players and Competitive Insights

Many global, regional, and local vendors characterize the US Copper Scrap Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.
The major players in the market include Radius Recycling, Inc, Nucor, Sims Limited, CMC, OmniSource, LLC, United Scrap Metal, Steel Dynamics, Metalico, Inc, SCHUPAN, SA Recycling LLC strategic market developments and decisions to improve operational effectiveness.

Industry Developments

In 2021, Stricter EPA emissions rules and Inflation Reduction Act grants push cleaner operations and recycled content quotas.

Future Outlook

US Copper Scrap Market Future Outlook

US Copper Scrap Market is projected to grow at a 6.703% CAGR from 2025 to 2035, driven by growing geriatric population and technological advancements.

New opportunities lie in:

  • Technological Innovation in Scrap Processing & Sorting

Market Segmentation

US Copper Scrap by End Use Outlook

  • Automotive
  • Construction
  • Electrical and Electronics
  • Renewable Energy Systems and Others

US Copper Scrap by Scrap Source Outlook

  • Industrial Scrap
  • Post Consumer Scrap

US Copper Scrap by Scrap Copper Grade Outlook

  • Bare Bright Copper
  • Grade # 1 Copper
  • Grade # 2 Copper
  • Others

Report Scope

Market Size 2024

10,250.46 (USD Million)

Market Size 2025

11,078.14 (USD Million)

Market Size 2035

21,195.07 (USD Million)

Compound Annual Growth Rate (CAGR)

6.703% (2025 - 2035)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Base Year

2024

Market Forecast Period

2025 - 2035

Historical Data

2019 - 2023

Market Forecast Units

USD Million

Key Companies Profiled

Radius Recycling, Inc, Nucor, Sims Limited, CMC, OmniSource, LLC, United Scrap Metal, Steel Dynamics, Metalico, Inc, SCHUPAN, SA Recycling LLC and others

Segments Covered

By Scrap Source, By Scrap Copper Grade, By End-Use

Key Market Opportunities

·         Technological Innovation in Scrap Processing & Sorting

Key Market Dynamics

·         Electrification & Clean Energy Transition

·         Circular Economy and Sustainability Pressures

Countries Covered

US

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FAQs

How much is the US Copper Scrap Market?

The US Copper Scrap Market size is expected to be valued at USD 11,078.14 Million in 2025.

What is the growth rate of the US Copper Scrap Market?

The global market is projected to grow at a CAGR of 6.8% during the forecast period, 2025-2035.

Who are the key players in the US Copper Scrap Market?

The key players in the market are Radius Recycling, Inc, Nucor, Sims Limited, CMC, OmniSource, LLC, United Scrap Metal, Steel Dynamics, Metalico, Inc, SCHUPAN, SA Recycling LLC and others.

Which Scarp source segment led the US Copper Scrap Market?

Industrial Scrap dominated the market in 2024.

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