
E-scrap Recycling Market Size By Product Type (IT and Telecommunications Equipment, Large White Goods, Small Household Appliances, Others) Process (Pre-Processing & Sorting, Dismantling & Component Recovery, Shredding & Size Reduction, Others) Processed Materials (Plastic, Metal, Glass, Others) and Region Global Market Analysis and Forecast, 2023-2030
The Global E-scrap Recycling Market size is expected to grow from USD 8,710.00 Million in 2023 to USD 19,618.00 Million by 2030, at a CAGR of 12.30% during the forecast period (2023-2030).
Electronic waste, also known as e-waste or waste electrical and electronic equipment (WEEE), refers to discarded electrical or electronic devices. It includes used electronics that are intended for refurbishment, reuse, resale, recycling through material recovery, or proper disposal. The improper handling and processing of e-waste in developing countries can have detrimental effects on human health and cause environmental pollution.
Top Key Players Involved Are:
"JX Nippon Mining and Metal Corporation (Japan), Umicore N.V. (Belgium), Dowa Holdings Co. Ltd (Japan), Sims Metal Management (Australia), Stena Metall AB (Sweden), ITRenew Inc. (US), Electronic Recyclers International (US), Enviro-Hub Holdings Ltd. (Singapore), Ecoreco Ltd. (Taiwan), Global Electric Electronic Processing Inc (US), Waste Management Inc. (US), Aurubis AG (Germany), MBA Polymers Inc. (US), Stadler Anlagenbau GmbH (Germany), MRI (Metech Recycling) (United Kingdom), Ecomation (Finland), CRT Recycling Inc. (US), Cohen Electronics Recycling (US), E-Parisaraa Pvt. Ltd. (India), Lifespan International Inc. (US), and Other Major Players."
Source: Statista
In the above-mentioned graph, the volume of electronic waste generated worldwide in 2020 was roughly 55.5 million metric tons. Several factors such as increased spending power and the availability of electronics have fueled e-waste generation in recent decades, making it the fastest-growing waste stream worldwide.
The E-scrap Recycling Market segment covers the Product Type, Process, Processed Material. The Product Type, IT and Telecommunications Equipment segments are Anticipated to Dominate the Market Over the Forecast period.
Europe is Expected to Dominate the Market over the Forecast Period.
In Sept 2022, Umicore and PowerCo, the new battery company of the Volkswagen Group, announced the founding of a joint venture for precursor and cathode material production in Europe. The partners aim to produce by the end of the decade cathode materials and their precursors for 160 GWh cell capacity per year, which compares to an annual production capacity capable of powering about 2.2 million fully electric vehicles.
In Nov 2022, Aurubis AG (Aurubis) and Anglo American plc (Anglo American), a British-listed multinational mining company headquartered in London, England, announced the signing of a memorandum of understanding during the World Copper Conference Asia 2022 in Singapore. Both companies want to develop copper products that respond to the increasing expectations for future-enabling metals that are sustainably sourced and supplied.
Global E-scrap Recycling Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD 8,710.00 Mn. |
Forecast Period 2023-30 CAGR: |
12.30% |
Market Size in 2030: |
USD 19,618.00 Mn. |
Segments Covered: |
By Product Type |
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By Process |
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By Processed Materials |
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By Region |
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Global E-scrap Recycling Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD 8,710.00 Mn. |
Forecast Period 2023-30 CAGR: |
12.30% |
Market Size in 2030: |
USD 19,618.00 Mn. |
Segments Covered: |
By Product Type |
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By Process |
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By Processed Materials |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the Report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product Type
3.2 By Process
3.3 By Processed Materials
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory
The forecast period in the E-scrap Recycling Market Research Report is 2023-2030.
JX Nippon Mining and Metal Corporation (Japan), Umicore N.V. (Belgium), Dowa Holdings Co. Ltd (Japan), Sims Metal Management (Australia), Stena Metall AB (Sweden), ITRenew Inc. (US), Electronic Recyclers International (US), Enviro-Hub Holdings Ltd. (Singapore), Ecoreco Ltd. (Taiwan), Global Electric Electronic Processing Inc (US), Waste Management Inc. (US), Aurubis AG (Germany), MBA Polymers Inc. (US), Stadler Anlagenbau GmbH (Germany), MRI (Metech Recycling) (United Kingdom), Ecomation (Finland), CRT Recycling Inc. (US), Cohen Electronics Recycling (US), E-Parisaraa Pvt. Ltd. (India), Lifespan International Inc. (US), and Other Major Players.
The E-scrap Recycling Market Is Segmented into Product Type, Process, Processed Material, and Region. By Product Type, The Market is Categorized into IT and Telecommunications Equipment, Large White Goods, Small Household Appliances, Others. By Process, The Market is Categorized into Pre-Processing & Sorting, Dismantling & Component Recovery, Shredding & Size Reduction, Others. By Processed Materials, The Market is Categorized into Plastic, Metal, Glass, Others. By Region, it is Analyzed Across North America (U.S., Canada, and Mexico), Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe), Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC), Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA), South America (Brazil, Argentina, Rest of SA).
Electronic waste, also known as e-waste or waste electrical and electronic equipment (WEEE), refers to discarded electrical or electronic devices. It includes used electronics that are intended for refurbishment, reuse, resale, recycling through material recovery, or proper disposal. The improper handling and processing of e-waste in developing countries can have detrimental effects on human health and cause environmental pollution.
The E-scrap Recycling Market is expected to grow at a significant growth rate, and the analysis period is 2023-2030, considering the base year as 2022.
The Global E-scrap Recycling Market size is expected to grow from USD 8,710.00 Million in 2023 to USD 19,618.00 Million by 2030, at a CAGR of 12.30% during the forecast period (2023-2030).