About Printed Circuit Board (PCB) E-scrap Recycling
E-waste and printed circuit boards are two types of e-waste (PCB) Electronic garbage, or e-scrap refers to abandoned electronic gadgets. Electronic waste includes used electronics that are intended for reuse, resale, or recycling via material recovery. Electronic waste is processed through a combination of manual and mechanical dismantling, size reduction, and sending hazardous garbage to be disposed of and metal components to be processed. Government laws pertaining to the correct management and disposal of e-scrap and printed circuit board (PCB) e-scrap are increasing in rising economies such as the Asia Pacific, which is propelling the industry forward. The deployment of new waste-collection systems, recycling equipment, and treatment procedures has aided the growth of the e-scrap and PCB e-scrap markets. Governments, in partnership with industry, have placed equal emphasis on all parts, opening up new investment opportunities for stakeholders in the e-scrap collecting and recycling industries.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 4.8% |
Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Printed Circuit Board (PCB) E-scrap Recycling market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Umicore (Belgium), Mitsubishi Materials Corporation (Japan), Aurubis AG (Germany), Glencore (Switzerland), DOWA Holdings Co., Ltd. (Japan), Boliden Group (Sweden), JX Nippon Mining & Metals Corporation (Japan), Elemental Holding S.A. (Poland), Interco Trading, Inc. (United States) and MAIREC Edelmetallgesellschaft mbH (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are GCL Recycling and Refining Inc. (Turkey).
Segmentation Overview
AMA Research has segmented the market of Global Printed Circuit Board (PCB) E-scrap Recycling market by Type (Precious Metals, Copper and Others) and Region.
On the basis of Type, Precious Metals are dominating the market in the year 2022 where as Metal stood as second largest market share.
On the basis of geography, the market of Printed Circuit Board (PCB) E-scrap Recycling has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2022. North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement.
If we see Market by , the sub-segment i.e. will boost the Printed Circuit Board (PCB) E-scrap Recycling market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Rising Consumption Of Electrical And Electronic Equipment And Increased Awareness About The Utility Of Recycled Metals and Scarcity Of Sources Of Precious Metals
Market Growth Drivers:
Household Appliances Likely To Remain Dominant Source Of E-Scrap and Reduction In Life Span Of Electronic Devices
Challenges:
Informal PBC E-Scrap Sector Poses A ‘Growing Health Threat’
Restraints:
Low-Level Of Awareness and High Recycling Costs
Opportunities:
Increasing Focus On Recycling Unprocessed E-Waste
Market Leaders and their expansionary development strategies
December 2021, Glencore boosts gold and copper recovery from e-scrap last year. Glencore harvested nearly 100,000 pounds of precious metals and 60 million pounds of copper from electronic scrap last year, according to the company’s 2021 sustainability report. The metals mining and refining giant recovered 27,000 metric tons of copper, 132,000 ounces of gold, 1.3 million ounces of silver, 16,000 ounces of palladium, and 5,000 ounces of platinum from e-scrap in 2020, the report notes. and November 2021, Aurubis builds recycling plant in the US and sets its sights on sustainable growth. Aurubis will further process the intermediate products into various industrial and precious metals at its European smelter sites to a great extent, but also sell them directly in the US market.
November 2021, MEX," a New Platform for the E-Scrap Business, Starts Operation, Applying DX to be a Leading Company Offering High Value-Added Products and Services. Mitsubishi Materials Corporation has developed "MEX" a new platform for the E-Scrap business and will start its operation. This is the first achievement of the Business DX in MMDX (Mitsubishi Materials Digital Business Transformation), the digitization strategy we pursue.
Analyst View
The coronavirus disease has had a significant impact on all businesses around the world. Nonetheless, certain industries have experienced significant growth, while others have entirely vanished. Medical PCBs are still in high demand, as most medical diagnosis and treatment equipment is partially or totally automated. Medical PCBs will be in great demand in the future as the number of casualties and cases rises around the world. In medical equipment, HDI PCBs, flexible PCBs, and rigid-flex PCBs are commonly employed.
Key Target Audience
Printed Circuit Board (PCB) E-scrap Recycling Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.