E-Scrap Recycling Market: Growths, Trends, and opportunities by Product Type, Material, and Region (Global Industry Analysis and Forecast 2022-2027)

E-Scrap Recycling Market size was valued at US$ 16.52 Billion in 2021 and the total Global E-Scrap Recycling revenue is expected to grow by 7.85% from 2022 to 2027, reaching nearly US$ 26 Billion.

E-Scrap Recycling Market Overview:

The term " E-Scrap " refers to recyclable electronic waste. Electronic waste also known as E-scrap is discarded electronic or electrical gadgets that can be disposed of at public curbs, landfills, or incinerators. Computer displays, motherboards, mobile phones and chargers, compact discs, headphones, television sets, air conditioners, and refrigerators are common items found in electronic waste. Silver, gold, palladium, platinum, indium, and gallium are some of the special and precious metals found in e-waste. These unique elements are widely used in consumer electronics, as well as in IT and communication systems. The prices associated with electronic devices are very high therefore the need to reuse, refurbish, and recycle E-Scrap is increased during the forecast period. E-Scrap Recycling Market To know about the Research Methodology :- Request Free Sample Report In this report, the Hot Beverages market's growth reasons and the market's many segments (Product Type, Material, and Region) are discussed. Data has been given by market players, regions, and specific requirements. This market report includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis is presented in the form of statistics, infographics, and presentations. The study discusses the E-Scrap Recycling market's Drivers, Restraints, Opportunities, and Challenges. The report helps to assess the market growth drivers and determines how to use these drivers as a tool. The report also helps to rectify and resolve issues related to the E-Scrap Recycling Market situation.

E-Scrap Recycling Market Dynamics:

The generation of E-Scrap is increasing owing to the rise in the use of electrical devices such as computers, TVs, mobile phones, refrigerators, tablets, washing machines, digital cameras, dryers, toasters, and kettles. This electronic item can be reused, resold, or discarded for recycling. This factor is expected to fuel the E-Scrap Recycling Market during the forecast period. One of the most significant benefits of electronic recycling is the reduction of environmental and health risks associated with e-scrap disposal in landfills. When e-scrap is disposed of in landfills, harmful compounds contaminate the water and soil which can create health problems. The growing awareness among electronic product users about the environmental issues faced by landfills is projected to drive the e-scrap recycling market in the upcoming years. Furthermore, E-Scrap recycling has gotten attention as a result of rising electronic waste or e-waste across the world. Rising environmental concerns and the need to recover precious metals from e-waste are expected to benefit the e-scrap recycling market. Other key factors driving the market include strong government guidelines and regulations for managing e-waste and recycling programs around the world. Furthermore, rising disposable income and purchasing power of people result in spending on a variety of electronic consumer products. The market is predicted to grow due to the increasing acceptance of electronics recycling to refurbish functional components and high-value materials that may be reused in products. The procurement and transportation of e-scrap from e-scrap generators is a major challenge for the e-scrap recycling market. Furthermore, manufacturers have raised questions about the requirement for advanced technology and the higher cost of maintaining e-scrap recycling devices, which is seen as a barrier to the electronic scrap recycling market. Electronic waste generation from 2019 to 2021 (in million metric tons): The below statistics shows the volume of e-waste generated worldwide in 2019. This was roughly 54.2 million metric tons. Many factors like increased spending power and the availability of electronic equipment have fueled e-waste generation in the last decades, making it the fastest growing waste stream at a global level. This trend is expected to continue, with projections showing that by 2021. The volume of e-waste generated worldwide in 2021 is 57.4 metric tons. E-Scrap Recycling Market

E-Scrap Recycling Market Segment Analysis:

By Product Type, the Home Appliances segment is expected to maintain its dominance In the coming years. Household appliances account for a significant share of the E-Scrap Recycling Market. In many countries, it is mandatory to take-back electronic products to manufacturers and importers for end-of-life management. Manufacturers are selling this electronic scrap for reuse or forward it to other companies for recycling. In Japan, under Home Appliances Recycling Law, appliances such as refrigerators, air conditioners, and washing machines have to forward back to retailers and they will send it to recycling companies. These rules are creating a beneficial environment for recycling e-waste. By Material, the metal segment is expected to maintain its dominance during the forecast period. Electronic scrap is growing over the past decade owing to revolutionary changes in the electric and electronic sector. Incineration and recycling of E-scrap materials have gained high traction nowadays. Moreover, an increase in health hazards like kidney damage, bronchitis, and other diseases due to the discharge of toxic materials from incineration and scrap has increased the need for efficient scrap management techniques. These factors are expected to drive the growth of the segment in the global market of E-scrap recycling during the forecast period. E-Scrap Recycling Market

E-Scrap Recycling Market Regional Insights:

The Asia Pacific is expected to continue its position as the second-highest area in terms of recycling volume after Europe, With an estimated output of 5,200 thousand metric tonnes in the e-scrap recycling market by 2027. There is an increasing demand for well-designed and well-regulated e-scrap recycling rules in India because the country is highly deficient in terms of precious metals. Companies in the electronic scrap recycling market have an incremental opportunity in India to gain profits because labor cost is relatively cheaper as compared to other developed countries. Europe is expected to account for the largest share of the E-scrap recycling market and will maintain its leading position owing to the rapid growth and implementation of e-waste recycling solutions in various industry verticals. The objective of the report is to present a comprehensive analysis of the E-Scrap Recycling Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the E-Scrap Recycling Market dynamics, and structure by analyzing the market segments and projecting the E-Scrap Recycling Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the E-Scrap Recycling Market make the report investor’s guide.

E-Scrap Recycling Market Scope: Inquiry Before Buying

E-Scrap Recycling Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ US $ 16.52 Bn.
Forecast Period 2022 to 2027 CAGR: 7.85 % Market Size in 2027: US $ 26 Bn.
Segments Covered: by Product Type •  IT, Office Equipment, and Handheld Devices • Major Home Appliances • Small Home Appliances • Others
by Material • Metal o Ferrous Metals o Non-ferrous Metals o Precious Metals • Others (Plastics + Other)

E-Scrap Recycling Market, by Region:

• North America • Europe • Asia Pacific • Middle East and Africa • South America

E-Scrap Recycling Market Key Players

Electric Electronic Processing Inc. • Ecoreco Ltd. • Enviro-Hub Holdings Ltd. • Electronic Recyclers International • ITRenew, Inc. • STENA METALL AB • Sims Metal Management • DOWA HOLDINGS Co., Ltd • Metal Corporation • Umicore N.V. • JX Nippon Mining and Metal Corporation • Desco Electronic Recyclers • Electronic Waste Management • E-waste Harvesters, Inc. • E-waste Systems, Inc. • MRI (Australia) Pty Ltd. • Tetronics (International) Limited • Umicore S.A. • Waste Management, Inc FAQs: 1. What is the key driver of the E-Scrap Recycling Market? Ans. The growing awareness among electronic product users about the environmental issues faced by landfills is projected to drive the e-scrap recycling market in the upcoming years. 2. What is the restraint in the E-Scrap Recycling Market during the forecast period? Ans. Manufacturers have raised questions about the requirement for advanced technology and the higher cost of maintaining e-scrap recycling devices, which is seen as a barrier to the electronic scrap recycling market. 3. What is the projected market size & growth rate of the E-Scrap Recycling Market? Ans. The E-Scrap Recycling Market size was valued at US$ 16.52 Billion in 2021 and the total Global E-Scrap Recycling revenue is expected to grow by 7.85% from 2022 to 2027, reaching nearly US$ 26 Billion. 4. What segments are covered in the E-Scrap Recycling Market report? Ans. The segments covered are Product Type, Material, and Region.
1. E-Scrap Recycling Market: Research Methodology 2. E-Scrap Recycling Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to E-Scrap Recycling Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. E-Scrap Recycling Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. E-Scrap Recycling Market Segmentation 4.1. E-Scrap Recycling Market, by Product Type (2022-2027) • IT, Office Equipment and Handheld Devices • Major Home Appliances • Small Home Appliances • Others 4.2. E-Scrap Recycling Market, by material (2022-2027) • Metal o Ferrous Metals o Non-ferrous Metals o Precious Metals • Others (Plastics + Other) 5. North America E-Scrap Recycling Market (2022-2027) 5.1 North American E-Scrap Recycling Market, By Product Type (2022-2027) • IT, Office Equipment and Handheld Devices • Major Home Appliances • Small Home Appliances • Others 5.2 North America E-Scrap Recycling Market, By material (2022-2027) • Metal o Ferrous Metals o Non-ferrous Metals o Precious Metals • Others (Plastics + Other) 5.3 North America E-Scrap Recycling Market, by Country (2022-2027) • United States • Canada • Mexico 6. European E-Scrap Recycling Market (2022-2027) 6.1. European E-Scrap Recycling Market, By Product Type (2022-2027) 6.2. European E-Scrap Recycling Market, By material (2022-2027) 6.3 European E-Scrap Recycling Market, by Country (2022-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific E-Scrap Recycling Market (2022-2027) 7.1. Asia Pacific E-Scrap Recycling Market, By Product Type (2022-2027) 7.2. Asia Pacific E-Scrap Recycling Market, By material (2022-2027) 7.3. Asia Pacific E-Scrap Recycling Market, by Country (2022-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa E-Scrap Recycling Market (2022-2027) 8.1. Middle East and Africa E-Scrap Recycling Market, By Product Type (2022-2027) 8.2. Middle East and Africa E-Scrap Recycling Market, By material (2022-2027) 8.3. Middle East and Africa E-Scrap Recycling Market, by Country (2022-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America E-Scrap Recycling Market (2022-2027) 9.1. South America E-Scrap Recycling Market, By Product Type (2022-2027) 9.2. South America E-Scrap Recycling Market, By material (2022-2027) 9.3 South America E-Scrap Recycling Market, by Country (2022-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Global Electric Electronic Processing Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Ecoreco Ltd. 10.3 Enviro-Hub Holdings Ltd. 10.4 Electronic Recyclers International 10.5 ITRenew, Inc. 10.6 STENA METALL AB 10.7 Sims Metal Management 10.8 DOWA HOLDINGS Co., Ltd 10.9 Metal Corporation 10.10 Umicore N.V. 10.11 JX Nippon Mining and Metal Corporation 10.12 Desco Electronic Recyclers 10.13 Electronic Waste Management 10.14 E-waste Harvesters, Inc. 10.15 E-waste Systems, Inc. 10.16 MRI (Australia) Pty Ltd. 10.17 Tetronics (International) Limited 10.18 Umicore S.A. 10.19 Waste Management, Inc

About This Report

Report ID 45096
Category Consumer Goods & Services
Published Date Jan 2020
Updated Date April 2022
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