Demand For Electronics Recycling Market Is Estimated To Surge At A CAGR Of 13.1% By 2033

The market for recycling electronics worldwide is anticipated to grow at a remarkable CAGR of 13.1% and reach a value of US$ 120 billion by 2033, up from US$ 35 billion in 2023. As technology has developed, there has been significant growth in the creation of electronic devices. Electronic equipment is thrown away when they stop working and can no longer be fixed.

Consequently, these items are referred to as electronic garbage, or “e-waste.” Direct e-waste discharge into the environment has the potential to have long-term negative effects on the environment and all living things. As a result, recycling such e-waste is crucial.

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The Electronics Recycling market research provides a thorough analysis of the industry, covering topics like product description, the landscape of typical vendors, and market segmentation based on factors like product type, its components, management style, and geography. Principal producers, suppliers, distributors, traders, clients, investors, significant types, and principal applications are all included. Depending on their particular business needs, the most appropriate, distinctive, and respectable global market research report is offered to esteemed consumers and clients. The compelling Electronics Recycling market research supports an organization’s growth and enables improved decision-making to move the company forward.

Competitive Landscape

The global market for electronics recycling is reasonably consolidated and competitive, with the presence of regional and multinational players. Key players in the electronics recycling market are concentrating on new developments to strengthen their position. Furthermore, several start-ups are entering the market with innovative offerings, which is expected to intensify competition in the coming years.

  • EnviroLeach Technologies, a Canadian start-up, creates EnviroLeach, an environmentally friendly recycling technique for discarded printed circuit boards (PCBs). The start-up’s technology allows for the efficient extraction of target metals such as lead, copper, and aluminum from PCBs. EnviroLeach employs a hydrometallurgical extraction method that also minimizes CO2 emissions.
  • Recy-Call, a Belgian start-up, offers e-waste recycling solutions to African countries. The start-up recovers and recycles end-of-life electronics such as smartphones to create value while maintaining a positive long-term environmental and social impact. Recy-Call’s mining tactics also enable the creation of green and safe jobs for waste collectors in low-income countries.
  • RECONO.ME, a British start-up, collects, refurbishes, and recycles used electronic gadgets and IT equipment. At the time of collection, the start-up utilizes sanitization software to delete all data from the devices. RECONO.ME sells these reconditioned items to consumers at a discounted price, helping to reduce e-waste in circulation.
  • ERI, a prominent recycler of electronics and cybersecurity-intensive hardware destruction company, and Redrock Environmental Group partnered with the County of Madera in July 2022. This agreement is intended to give citizens of Madera County a proper means to discard unwanted consumer electronics

Sample includes:

  1. A brief introduction to the research report.
  2. Graphical introduction of the regional analysis.
  3. Top players in the market with their revenue analysis.
  4. Selected illustrations of market insights and trends.
  5. Example pages from the report.

 

The Major Companies Covered:

  • Aurubis AG
  • Enviro-Hub Holdings Ltd
  • Boliden Group
  • Clean Earth, Inc
  • Dlubak Glass Company
  • Cerebra Integrated Technologies Ltd
  • Exitcom Recycling GmbH

Regional Analysis of the Market:

From a geographic segmentation perspective, the report focuses on the regions that have a material and significant effect on the overall market value. The broad level coverage of the report includes the regions and key countries within the regions of Global, North America, Europe, APAC, MEA 

Key Segments of Electronics Recycling Industry Research

  • By Material :
    • Metals
    • Plastics
    • Other Materials
  • By Equipment Type :
    • Consumer Electronics
    • IT & Telecom
    • Other Equipment Types

The global market for electronics recycling is reasonably consolidated and competitive, with the presence of regional and multinational players. Key players in the electronics recycling market are concentrating on new developments to strengthen their position. Furthermore, several start-ups are entering the market with innovative offerings, which is expected to intensify competition in the coming years.

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