Global Urban Mining Market 2023-2029
The global urban mining market is projected to rise by USD 23.2 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 12.3 percent during the forecast period. Urban mining refers to the process of recovering valuable materials from electronic waste (e-waste), construction waste, and other discarded products found in urban areas. Urban mining involves the collection, sorting, and processing of waste materials to extract metals such as gold, silver, copper, and rare earth elements. These materials are then sold to manufacturers who use them to produce new products. Urban mining is an important practice because it helps reduce the environmental impact of mining and conserves natural resources. It also helps to reduce the amount of waste that ends up in landfills, which can have negative environmental and health effects.Urban mining refers to the process of recovering valuable materials from electronic waste (e-waste), construction waste, and other discarded products found in urban areas. Urban mining involves the collection, sorting, and processing of waste materials to extract metals such as gold, silver, copper, and rare earth elements. These materials are then sold to manufacturers who use them to produce new products. Urban mining is an important practice because it helps reduce the environmental impact of mining and conserves natural resources. It also helps to reduce the amount of waste that ends up in landfills, which can have negative environmental and health effects.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global urban mining market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the waste type, commodity type, and region. The global market for urban mining can be segmented by waste type: electronics and electrical waste, construction and demolition. According to the research, the electronics and electrical waste segment had the largest share in the global urban mining market. Urban mining market is further segmented by commodity type: precious metals, non-precious metals, others. In 2022, the precious metals segment made up the largest share of revenue generated by the urban mining market. Based on region, the urban mining market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, Europe was accounted for the highest revenue generator in 2022.
Market Segmentation
By waste type: electronics and electrical waste, construction and demolition
By commodity type: precious metals, non-precious metals, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global Urban Mining Market, including Umicore SA, Johnson Matthey plc, Materion Corp., Boliden AB, Sims Limited, DOWA HOLDINGS Co., Ltd., EnviroMetal Technologies Inc., Heraeus SA, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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