In January 2019, the government of China has announced to restrict imports of eight different scrap categories which includes copper, steel and aluminum. In addition, it is also found that China's scrap paper imports dropped 23% and its scrap metal imports dropped by more than 44% following the tariffs on United States shipments. Hence, it may act restrain for the growth of the market in the future.

According to the report, Increasing Awareness towards Effective Use of Natural Resources across the World is one of the primary growth factors for the market. Increasing Urbanization and Industrialization across the World is also expected to contribute significantly to the Copper Scrap market growth. Overall, Transportation applications of Copper Scrap, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Online Retailer, is boosting the Copper Scrap market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Copper Scrap market identified that the demand is rising in many different parts of the world as "Growing Demand from Emerging Economics countries such as China, India, Brazil, Philippines, among others ". Furthermore, some recent industry insights like "In April 2019, the Engineering Export Promotion Council (India) has introduced copper scrap policy in order to prevent the import of inferior quality material such as copper. Hence, it will help to enhance the growth of the revenue of the market." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Copper Scrap market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Copper Scrap market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at complete Table of Content: Global Copper Scrap Market Study

Data Triangulation
The overall Copper Scrap market size is calculated using market estimation process, the Copper Scrap market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Copper Scrap market size has been validated using both top-down and bottom-up approaches.