Market Snapshot:
E-waste or electronic waste recycling is the reprocessing of electronic and electrical items that are no longer used which have been replaced by upgraded versions. The E-waste includes various devices such as televisions, air conditioners, computers, mobile phones, microwave, washing machines, refrigerators and other electronic devices as well. In the current scenario, increasing investments in R&D can ensure reliability in terms of environmental effects are expected to provide growth opportunities in the future. There are precious metals in electronic devices such as copper, nickle, gold and silver among others are included in the very report.
Highlights from E-waste Recycling Market Study
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Manufacturers profiled in the report are Electronic Recyclers International Inc. (United States), Lifespan Technology Recycling Inc. (United States), Stena Technoworld (Sweden), Aurubis AG (Germany), Desco Electronic Recyclers (South Africa), Umicore S.A. (Belgium), CRT Recycling Inc. (United States), Cimelia Resource Recovery (Singapore), MBA Polymers Inc. (Austria), SIMS Recycling Ltd. (United Kingdom) and Global Electric Electronic Processing Inc. (Canada). Additionally, other players that are part of this comprehensive study are Polymers Inc. (United States), Sims Metal Management Ltd. (Australia), Boliden AB (Sweden) and Enviro-Hub Holdings Ltd. (Singapore).
Geographic Breakdown and Segment Analysis
The Global E-waste Recycling market presents a comprehensive analysis of the E-waste Recycling market by product type (Home Appliances (Refrigerator, TV Set, Air Conditioner, Washing Machine), IT and Telecommunication Equipment and Consumer Electronics), by end-user/application (Disposal (Reuse, Incineration, and Landfill) and Recycle), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global E-waste Recycling industry. Investors and Manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the E-waste Recycling market
Analyst at AMA have segmented the market study of Global E-waste Recycling market by Type, Application and Region.
Influencing Trend:
New Technology Launches with Updated Features and Additional Services and Changing Regulatory Landscape with Regards to Electronic Scrap Recycling
Market Growth Drivers:
A scarcity of Precious Metals, High Rate of Obsolescence of Electronic Gadgets and Increasing Number of Initiatives by Various Organizations Coupled with Formation of Strict Regulatory Frameworks
Challenges:
High Initial Investment in E-waste Recycling Plant Setup and Lack of Proper Infrastructure Especially in Developing Economies
Restraints:
Low Awareness in Developing and Underdeveloped Countries Would Slow the E-Waste Recycling Activities and Less Number of E-Waste Collection Zones
Opportunities:
The Growth in Sale of Electronics Products Worldwide
Market Developments Activities:
In July 2023, Google teams up with city governments in Southeast Asia to implement pilot programs for e-waste collection and recycling in public spaces
In November 2023, The United Nations Environment Programme (UNEP) releases a report highlighting the increasing global e-waste problem and urging countries to take stronger action.
Regulatory Insights:
The California Electronic Waste Recycling Act requires retailers to collect a recycling fee from the buyer at the time of purchase of a video display device containing a screen greater than 4 inches, measured diagonally, such as computer monitors, laptops, and TVs with CRT, LCD, or plasma displays. Fees are deposited in an account managed by the Board of Equalization and paid out to recyclers upon approval of a payment claim. The act also regulates exporting of CRT materials or electronic devices
The e-waste recycling landscape is constantly evolving, and success will depend on adapting to changing regulations, consumer preferences, and technological advancements. By focusing on responsible practices, innovation, and strategic partnerships, these players can contribute to a sustainable future for e-waste management.
Key Target Audience
Consumer Wearable Manufacturers, Integrated Device Manufacturers (IDMs), Wearable Electronics Technology Platform Developers, Original Equipment Manufacturers (OEMs), Smart Grid Integrators, Surface Mount Component Device Distributors/Suppliers, Government Organizations and Others