E Scrap Recycling Market By Product Type (IT and Telecommunications Equipment, Large White Goods, Small Household Appliances, Others), By Processed Materials (Plastic, Metal, Glass, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
The global e-scrap recycling market was valued at $25.91 billion in 2022, and is projected to reach $96.71 billion by 2032, registering a CAGR of 14.17% from 2023 to 2032.
E-waste recycling is the process of recycling used electrical and electronic equipment such as laptops, televisions, computers, air conditioners, mobile phones, DVDs, ovens, etc. The purpose of e-waste recycling is to reduce the environmental impact and safely recycle the raw material. materials such as glass, plastic, metal and mercury, and recycle these mined materials and equipment.
Efficient management of electronic waste is crucial, especially in cities, which are expected to produce the majority of e-waste in the coming years. To address this issue, it is important to increase collection and recycling rates and reduce the amount of e-waste that ends up in landfills. The development of smart cities and the use of information and communication technology for waste management offer new and interesting prospects for effective e-waste management.
Increasing urbanization, industrialization, and high discretionary income have contributed to the rise in the usage of electrical and electronic equipment, resulting in a significant increase in e-scrap. Unfortunately, over 60% of the total e-waste generated is not recycled and is either illegally exported or dumped in landfills. This presents an opportunity for the e-scrap recycling market to increase its market share and improve its operations.
The e-scrap recycling market is segmented on the basis of product type, processed materials, and region. By product type, the market is categorized into IT and telecommunication equipment, large white goods, small household appliances, and others. By processed materials, the market is divided into plastic, metal, glass, and others. By region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific) and LAMEA (Latin America, the Middle East, and Africa).
The key players profiled in the e-scrap recycling industry include Stena Metall AB, Electronic Recyclers International, JX Nippon Mining & Metals Corporation, DOWA ECO-SYSTEM Co., Ltd., Umicore N.V., Ecoreco Ltd., Quantum Lifecycle Partners, WM Intellectual Property Holdings, L.L.C., Desco Electronic Recyclers, Iron Mountain Incorporated.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the e scrap recycling market analysis from 2022 to 2032 to identify the prevailing e scrap recycling market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the e scrap recycling market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global e scrap recycling market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy Product TypeIT and Telecommunications Equipment
Large White Goods
Small Household Appliances
Others
By Processed MaterialsPlastic
Metal
Glass
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Desco Electronic Recyclers
DOWA ECO-SYSTEM Co.,Ltd.
Ecoreco Ltd.
Electronic Recyclers International
Iron Mountain Incorporated.
JX Nippon Mining & Metals Corporation
Quantum Lifecycle Partners
Stena Metall AB
Umicore N.V.
WM Intellectual Property Holdings, L.L.C.
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