Saudi Arabia Metal Recycling Market Overview

Market Size in 2024 : USD 2.35 Billion

Market Size in 2033: USD 3.32 Billion

Market Growth Rate 2025-2033: 3.91%

According to IMARC Group's latest research publication,"Saudi Arabia Metal Recycling Market Size, Share, Trends and Forecast by Metal, Sector, and Region, 2025-2033", 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.

How AI is Reshaping the Future of Saudi Arabia Metal Recycling Market

• Smart Waste Sorting: AI machines in Saudi recycling plants sort metals faster and more accurately, cutting contamination and boosting recovery rates, as seen in facilities handling 110 million tonnes of waste yearly.
• Government AI Push: Through Vision 2030, the Saudi Investment Recycling Company uses AI with SAP tools to enhance circular economy efforts, aiming for a 95% recycling rate and adding SR120 billion to GDP.
• Efficiency in Collection: AI optimizes truck routes with real-time data from smart bins, reducing fuel use and emissions, supporting the metal market's USD 2.35 billion value by streamlining operations.
• Predictive Maintenance Boost: In manufacturing hubs like Jubail, AI predicts equipment failures in recycling processes, minimizing downtime and costs, aligning with national green initiatives for sustainable metal handling.
• Robotics for Recovery: AI-guided robots in waste facilities separate metals efficiently, improving material quality and reuse, as partnerships like Veolia-SIRC invest in tech for better resource utilization.

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Saudi Arabia Metal Recycling Market Trends & Drivers:

Saudi Arabia’s metal recycling growth is the government’s push for sustainability under Vision 2030. The Saudi Green Initiative aims to cut waste and boost recycling, with targets like diverting 85% of waste from landfills. The National Waste Management Center (MWAN) is rolling out stricter regulations and incentives for recycling, pushing industries to adopt greener practices. Companies like Saudi Investment Recycling Company (SIRC) are investing heavily—SIRC alone plans to process over 7 million tons of waste annually, including metals. This policy support is creating a structured market where recycling isn’t just encouraged but becoming a necessity.

Another key factor is the rising demand for recycled metals in construction and manufacturing. With mega-projects like NEOM and Red Sea Development needing vast amounts of steel and aluminum, recycled metals offer a cost-effective and eco-friendly alternative. For instance, Saudi Arabia’s steel industry already uses about 80% recycled scrap in production, reducing reliance on imports. Local recyclers like Al Rajhi Steel and Bawan Recycling are scaling up operations to meet this demand, with some facilities processing over 500,000 tons of scrap metal yearly. This trend is making recycling a core part of the industrial supply chain.

Technology is also transforming the sector, with smarter sorting and processing methods making recycling more efficient. Startups and established players are adopting AI-powered sorting systems and advanced shredders to improve metal recovery rates. For example, some facilities now achieve over 90% purity in separated metals, boosting profitability. Mobile apps for scrap collection, like those launched by local recyclers, are connecting suppliers and buyers faster. These innovations are cutting costs and attracting more businesses to recycle, creating a competitive market where tech-driven solutions are becoming the norm rather than the exception.

Saudi Arabia Metal Recycling Industry Segmentation:

The report has segmented the market into the following categories:

Metal Insights:

• Steel
• Copper
• Aluminum
• Others

Sector Insights:

• Construction
• Automotive
• Consumer Good
• Industrial Goods

Regional Insights:

• Northern and Central Region 
• Western Region 
• Eastern Region 
• 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.

Recent News and Developments in Saudi Arabia Metal Recycling Market

• May 2025: Saudi recycling plants widely deploy AI-powered sorting and robotics to dramatically increase operational efficiency, enabling real-time monitoring and more accurate separation of metals. These innovations drive smarter, data-driven decisions within the sector.

• May 2025: Saudi companies accelerate adoption of sensor-based separation and automated systems, with top players treating over 1.2 million tons of metals annually. The evolution includes low-emission electric arc furnaces and advanced smelting, reducing energy demand and carbon footprints for recycled metals.

• July 2025: Major producers announce new circular economy initiatives, with expanded digital tracking of recycled material lifecycles and fresh investment in R&D for metal recovery technologies—directly supporting Vision 2030’s sustainability agenda and waste reduction targets.

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