About Electronic Product Recycling
Electronic Product Recycling refers to reprocessing and reuse of electrical and electronic equipment i.e. E-waste of any type that has been regarded or discarded as non-working. This process seeks to recover material from electronic waste which can be used in the new electronic product. E-waste products such as screens, monitors, lamps, small IT and telecommunication equipment, small equipment, large equipment, others are recycled with several types of recycling methods.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Global Electronic Product Recycling market is segmented with the presence of various players in the Market. Governments are driving e-waste recycling & reuse programs across the world. Companies offering Electronic Product waste management solutions to different industries such as construction, chemical, oil, gas, etc. Players also provide solutions to reuse the electric and electronic equipment waste in the new electronic products. The player is also participating in strategic activities like mergers and acquisitions to enhance their market presence Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aurubis AG (Germany), Umicore (Belgium), Sims Limited. (Australia), Boliden Group (Sweden), Stena Metall Group (Sweden), Tetronics (United Kingdom), ERI (United States), ENIRO-HUB HOLDINGS LTD. (Singapore) and TRIPLE M METAL LP (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Global Electric Electronic Processing Inc. (GEEP) (United States), Exigo Recycling Pvt Ltd (India), ELDAN Recycling A/S (Denmark) and Green Wave Electronics, LLC. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Electronic Product Recycling market by and Region.
On the basis of geography, the market of Electronic Product Recycling has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Components, the sub-segment i.e. Plastic will boost the Electronic Product Recycling market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Construction will boost the Electronic Product Recycling market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by E-waste Type, the sub-segment i.e. Temperature exchange will boost the Electronic Product Recycling market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand of Electronics Product Worldwide Moving towards Developing and Promoting The use of Recycled And Refurbished Electrical And Electronic Products.
Market Growth Drivers:
Rising need for Effective and Efficient E-Waste Management among the Industries
Challenges:
Growing IT and communication sectors in developing countries challenging Electronic Product Recycling market
Restraints:
Regulatory Guidelines May Restrain Electronic Product Recycling
Opportunities:
Increasing Awareness about the Hazardous Effects of E-Waste on Environment Leads Growth of The Electronic Product Recycling Business In The Market and Booming Electronic Product Recycling Businesses in The Indian Market
Market Leaders and their expansionary development strategies
In December 2023, Microsoft and Dell partnered with Closed Loop Partners, a leading e-waste recycling company, to establish a pilot program for recycling used laptops and servers. This collaboration aims to divert e-waste from landfills and recover valuable materials for reuse.
In October 2023, Apple launched its "Renewals Lab" in Austin, Texas, focusing on disassembly, material recovery, and component reuse for iPhones and MacBooks. This initiative aims to close the loop on Apple's product lifecycle and reduce reliance on virgin materials.
“In 2006, EPA amended its regulations to streamline management requirements for recycling of used CRTs and glass removed from CRTs. The amendments excluded these materials from the Resource Conservation and Recovery Act definition of solid waste, if certain conditions are met. On June 18, 2014, EPA finalized revisions to the export provisions of the 2006 CRT final rule. These changes allow the Agency to obtain additional information to better track exports of CRTs for reuse and recycling in order to ensure safe management of these materials.”
Key Target Audience
Electronic Product Recycling Service Providers, Electronic Product Recycling, Potential Investors, Electronic Product Recycling Industry Association, Research and Development Institutes, Regulatory Bodies 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.