Electronics Recycling Market was valued at USD 50 Billion in 2022 and is projected to reach USD 100 Billion by 2030, growing at a CAGR of 10% from 2024 to 2030.
The electronics recycling market has been on a growth trajectory between 2018 and 2022, driven by rising concerns over e-waste and the growing awareness around sustainable practices. From 2018 to 2022, the demand for recycling electronic goods was largely spurred by government regulations, technological advancements in recycling processes, and consumer awareness. In particular, the development of efficient techniques for extracting valuable materials such as gold, silver, and rare earth metals from old electronics provided a significant boost to the industry. The market was also supported by an increasing number of electronics manufacturers and consumers recognizing the importance of reducing e-waste and contributing to a circular economy.
Looking forward to the next decade, from 2023 to 2033, the electronics recycling market is poised for even greater growth. The demand for recycled electronics is expected to increase as more products are introduced into the market, and technological advances continue to make recycling processes more efficient and cost-effective. The global demand for electronics is forecasted to rise sharply, particularly in emerging markets, which will contribute significantly to the growth of the e-waste sector. Additionally, as governments across the globe implement stricter regulations and policies on e-waste disposal, companies will be required to adhere to more sustainable recycling practices. This transition to eco-friendly practices will boost demand for recycling solutions.
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Eco-Tech Environmental Services Inc
American Retroworks Inc
AERC Recycling Solutions
Dlubak Glass Company
MBA Polymers Inc
Universal Recyclers Technologies
CRT Recycling Ltd.
Fortune Plastic & Metal Inc
Sims Metal Management Limited
A2Z Group
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 Global Electronics Recycling Market
Computers
Mobile Phones
Other
Based on Types the Market is categorized into Below types that held the largest Electronics Recycling market share In 2023.
Steel
Tin
Nickel
Aluminum
Copper
Zinc
Gold
Silver
Plastic Resins
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Electronics 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. Global Electronics Recycling Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electronics Recycling Market, By Type
6. Global Electronics Recycling Market, By Application
7. Global Electronics Recycling Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electronics Recycling Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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