The United States Non-Ferrous Scrap from Automotive Cores Market size is reached a valuation of USD xx.x Billion in 2023, with projections to achieve USD xx.x Billion by 2031, demonstrating a compound annual growth rate (CAGR) of xx.x% from 2024 to 2031.
United States Non-Ferrous Scrap from Automotive Cores Market By Application
- Automotive Radiators
- Alternators
- Starters
- Air Conditioning Compressors
- Other Automotive Components
The market for non-ferrous scrap derived from automotive cores in the United States is segmented by various applications:
Automotive radiators represent a significant segment within this market, driven by the need to recycle copper and aluminum components. These radiators often contain a mix of metals, including brass, which are valuable in scrap recovery processes.
Alternators contribute to the non-ferrous scrap market due to the copper winding and aluminum housing, which are crucial for recycling. Starters also play a role, featuring copper wiring and steel casings that are recycled for their non-ferrous and ferrous components, respectively.
Air conditioning compressors contain valuable copper coils and aluminum housing, making them sought-after in the non-ferrous scrap market. Additionally, other automotive components such as aluminum wheels and catalytic converters contribute significantly to the overall scrap market, driven by their high metal content and recyclability.