📢 GLOBAL ELECTRONIC RECYCLING MARKET TO REACH USD 86.71 BILLION BY 2030
Electronic Recycling Market Set for Significant Growth, Forecasting a 12.7% CAGR from 2023 to 2030
Summary:
The global electronic recycling market, valued at USD 37.55 billion in 2023, is projected to reach USD 86.71 billion by 2030, growing at a CAGR of 12.7%. Driven by stringent environmental regulations, rising e-waste volumes, and advancements in recycling technologies, the industry is entering a phase of rapid expansion. The report highlights key market dynamics, segmentation, competitive landscape, and strategic insights for investors and industry leaders.
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In 2023, the global electronic recycling market reached a valuation of USD 37.55 billion. With increasing global awareness of e-waste hazards and the economic potential of material recovery, the market is projected to grow at a CAGR of 12.7%, culminating in a forecasted market size of USD 86.71 billion by 2030.
This market analysis offers a detailed breakdown based on material types, sources, end-use industries, and geographic regions. The research employs a combination of primary and secondary data sources, expert interviews, and data analytics tools. Comprehensive evaluations were conducted using SWOT analysis and Porter’s Five Forces to ensure a 360-degree understanding of the competitive dynamics and market potential.
Material Types: Metals, Plastics, Glass, Others (Rubber, Ceramics, etc.)
Sources: Household Appliances, IT & Telecom Equipment, Consumer Electronics, Others
End-Use Industries: Electronics Manufacturing, Automotive, Healthcare, Energy, Construction, Consumer Goods, Others
Regions: North America, Europe, Asia Pacific, Middle East & Africa, Latin America
The electronic recycling industry is undergoing a major transformation. E-waste generation is growing exponentially, with billions of devices reaching end-of-life yearly. These discarded electronics contain valuable resources like gold, silver, copper, and rare earth elements. With sustainability now a global mandate, organizations are increasing their recycling efforts and embracing the circular economy model. Government regulations are also playing a key role in encouraging responsible disposal and recycling practices.
Key Drivers:
Rising global awareness around environmental degradation caused by e-waste.
Favorable government policies and recycling mandates.
Technological innovation in dismantling and sorting methods.
Economic incentives due to the value of recovered materials.
Challenges:
High operational costs of advanced recycling facilities.
Inadequate recycling infrastructure in developing countries.
Limited public awareness in certain regions.
Opportunities:
Rapid urbanization and digitization in emerging economies.
Growing demand for refurbished electronics.
Expansion of B2B recycling partnerships and service models.
By Material Type:
Metals
Glass
Plastics
Others (Ceramics, Rubber, etc.)
By Source:
Household Appliances
IT and Telecommunications Equipment
Consumer Electronics
Others
By End-Use Industry:
Electronics Manufacturing
Automotive
Healthcare
Energy
Construction
Consumer Goods
Others
North America:
AERC Recycling Solutions
Eco-Tech Environmental Services Inc.
Fortune Plastic & Metal Inc.
MBA Polymers Inc.
URT Solutions
Zak Enterprises
Good Point Recycling
Universal Recyclers Technologies
Europe:
CRT Recycling Ltd.
Aurubis AG
Umicore
Asia Pacific:
Cimelia Resource Recovery Pte Ltd
Sims Metal Management Limited
Enviro-Hub Holdings Ltd
Gain valuable insight into the evolving electronic recycling landscape.
Identify high-growth segments and market entry opportunities.
Understand regional market trends, threats, and demand drivers.
Leverage in-depth company profiles and competitive benchmarking.
Support strategic planning with accurate market forecasts and trend analysis.
Executive Summary
Market Introduction
Research Methodology
Market Dynamics
Market Segmentation
Regional Insights
Competitive Landscape
Company Profiles
Key Findings & Strategic Recommendations
Appendix
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About Us
Maximize Market Research is a leading business consultancy and market research firm dedicated to delivering actionable insights across global industries. With a robust team of analysts, we cover a diverse range of sectors including electronics, technology, healthcare, automotive, and more. We specialize in market intelligence, competitive analysis, feasibility studies, and customized consulting services to empower businesses worldwide.
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