Saudi Arabia Metal Recycling Market

Saudi Arabia Metal Recycling Market Overview:

The Saudi Arabia metal recycling market size reached USD 2.35 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.32 Billion by 2033, exhibiting a growth rate (CAGR) of 3.91% during 2025-2033. The market is fueled by the Kingdom's strategic direction towards sustainability and circular economy objectives under Vision 2030, which fosters the effective utilization of resources and minimization of industrial waste. Further, the increased need for secondary raw materials in the construction, automotive, and manufacturing industries also drives the use of metal recycling practices. Additionally, government-supported investments in recycling infrastructure and the formation of industrial clusters are expanding the Saudi Arabia metal recycling market share.

Saudi Arabia Metal Recycling Market Trends:

Technological Innovation in the Recycling Process

Technological advancements have been instrumental in transforming the metal recycling industry in Saudi Arabia. The use of new technologies is revolutionizing metal recycling in Saudi Arabia. Firms are adopting automated sorting systems, artificial intelligence, and sensor-based separation more frequently to improve the efficiency of recycling procedures. These technologies improve the sorting of various kinds of metals, lowering contamination levels and enhancing recovery. For example, Al-Qaryan Group, as a premier industry player, treats more than 1.2 million tons of metals every year and thus makes substantial contributions to energy saving and carbon reduction. Additionally, improvements in smelting and refining processes are enabling more efficient metal recycling with less energy, which is crucial in an energy-hungry country. Besides this, the growth of electric arc furnaces and other low-emission technologies has been especially advantageous as these lower the carbon emissions involved in recycling operations. Saudi businesses are also investing more in research and development (R&D) to advance metal recovery processes, thereby contributing to the Saudi Arabia metal recycling market growth further. These new recycling technologies are not only lowering the cost of operations but also making the country the regional leader in environmentally friendly waste management solutions.

Government Actions and Regulatory Support

Saudi Arabia has bolstered the goal of sustainability in its environmental approach through a series of reforms seeking to develop the metal recycling sector. The Saudi Vision 2030, which plans for diversification of the economy and reducing over-reliance on oil, has given high priority to waste management and recycling. The government has implemented numerous policies and guidelines to enable the development of the recycling industry, such as incentives for private industry operators engaged in waste management and recycling. According to industry reports, in early 2024, Saudi Arabia's Ministry of Environment, Water and Agriculture rolled out a far-reaching waste management strategy aimed at increasing resource efficiency. The initiative aims to recycle as much as 95% of the waste, create SR 120 Billion (approximately USD 31.99 Billion) for the economy, and process 100 million tonnes of waste per year to promote sustainability. Furthermore, the government of Saudi Arabia is promoting investments in green technologies and creating new regulations favoring efficient recycling practices. These include regulations for the collection, sorting, and treatment of metals. Through the creation of a regulatory framework that stimulates recycling, the government hopes to cut down on landfill waste, save natural resources, and enhance a circular economy. All these will result in a boost in collecting and recycling metals, especially aluminum, copper, and steel, which are important for the manufacturing and construction sectors.

Saudi Arabia Metal Recycling Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on metal and sector.

Metal Insights:

• Steel
• Copper
• Aluminum
• Others

The report has provided a detailed breakup and analysis of the market based on the metal. This includes steel, copper, aluminum, and others.

Sector Insights:

• Construction
• Automotive
• Consumer Good
• Industrial Goods

A detailed breakup and analysis of the market based on the sector have also been provided in the report. This includes construction, automotive, consumer good, and industrial goods.

Regional Insights:

• Northern and Central Region 
• Western Region 
• Eastern Region 
• Southern Region 

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Metal Recycling Market News:

• On May 6, 2025, Saudi Investment Recycling Company (SIRC) signed a strategic agreement to enhance recycling infrastructure projects in Saudi Arabia. The collaboration aims to provide integrated solutions for various types of waste, including plastics, paper, metals, and electronic waste, through the development of advanced recycling infrastructure and facilities. This initiative aligns with Saudi Arabia's Vision 2030 goals to promote resource efficiency and reduce landfill dependency.

Saudi Arabia Metal Recycling Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia metal recycling market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia metal recycling market on the basis of metal?
• What is the breakup of the Saudi Arabia metal recycling market on the basis of sector?
• What is the breakup of the Saudi Arabia metal recycling market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia metal recycling market? 
• What are the key driving factors and challenges in the Saudi Arabia metal recycling market?
• What is the structure of the Saudi Arabia metal recycling market and who are the key players?
• What is the degree of competition in the Saudi Arabia metal recycling market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia metal recycling market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia metal recycling market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia metal recycling industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.