Europe Electrical and Electronic Scrap Recycling Market was valued at USD 18.0 Billion in 2022 and is projected to reach USD 30.0 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030.
The Electrical and Electronic Scrap Recycling Market in Europe is witnessing a significant surge due to the growing demand for sustainable solutions to manage waste generated from electrical and electronic devices. The increase in e-waste has become a pressing issue in the region, as industries and consumers alike replace old electronics with new, more advanced models. The European Union has implemented strict regulations and policies, promoting the need for efficient recycling practices in order to combat environmental degradation and maximize the recovery of valuable materials.
Electrical and electronic scrap recycling refers to the process of extracting valuable materials from discarded electrical devices such as smartphones, computers, televisions, refrigerators, and other consumer electronics. These materials include precious metals like gold, silver, and copper, as well as rare earth elements used in the manufacturing of new electronic components. This market is essential not only for reducing the burden on landfills but also for reducing the dependency on mining for raw materials.
The Electrical and Electronic Scrap Recycling Market is driven by the increasing demand for raw materials and the rising awareness of the environmental impact caused by improper disposal of electronic waste. Industries such as automotive, consumer electronics, and telecommunications require the extraction of valuable components from e-waste for reuse in their manufacturing processes. This has led to a surge in demand for recycling technologies capable of handling complex devices and recovering high-value materials efficiently.
Companies are investing heavily in advanced recycling technologies, such as automated sorting systems and shredders, to meet the growing requirements of the industry. Additionally, regulatory frameworks, such as the WEEE (Waste Electrical and Electronic Equipment) Directive in the EU, are pushing industries to adopt sustainable practices and contribute to a circular economy.
The need for specialized recycling processes and the rising complexity of electronic products have opened new opportunities for innovation in the market. Industries are increasingly turning to advanced recycling solutions to meet their requirements for high-quality materials, making the Electrical and Electronic Scrap Recycling Market a crucial sector for sustainable industrial growth in Europe.
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Boliden
Umicore
Aurubis
ERI
Mitsubishi Materials Corporation
Kuusakoski
Asahi Holdings
Glencore
LS-Nikko Copper
Gem
Stena Metall Group
GEEP
Cimelia
Veolia
Enviro-Hub Holdings
Dongjiang
Korea Zinc
Dowa Holdings
Mitsui Mining & Smelting
JX Nippon Mining & Metals
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Electrical and Electronic Scrap Recycling Market
Consumer Electronics
Industrial Electrical Equipment
Home Appliances
Lighting Equipment
Residential
Commercial
Industrial
Government Entities
Collection
Sorting
Treatment
Extraction
Disposal
Metals
Plastics
Glass
Ceramics
Automotive
Aerospace
Consumer Goods
Industrial Equipment
Construction
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Electrical and Electronic Scrap Recycling Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Electrical and Electronic Scrap Recycling Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Electrical and Electronic Scrap Recycling Market, By Type
6. Europe Electrical and Electronic Scrap Recycling Market, By Application
7. Europe Electrical and Electronic Scrap Recycling Market, By Geography
Europe
Germany
UK
France
8. Europe Electrical and Electronic Scrap Recycling Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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