Metal E-waste Recycling Market size is estimated to be USD 12.56 Billion in 2024 and is expected to reach USD 24.65 Billion by 2033 at a CAGR of 8.3% from 2026 to 2033.
South Korea’s Metal E-waste Recycling Market is undergoing a significant transformation, driven by industrial demand, regulatory reforms, and the urgent need to recover valuable resources from discarded electronics. As of 2022, approximately 60% of the nation's metal waste was recycled, reflecting a growing commitment to sustainability and resource efficiency.
Key metals recovered include:
Precious metals: gold, silver, palladium
Base metals: copper, aluminum, iron
Industries such as electronics, automotive, and battery manufacturing are increasingly reliant on recycled metals to mitigate supply chain risks and reduce environmental impact. Companies like Korea Zinc are at the forefront, extracting valuable metals from e-waste and repurposing residual materials for use in other sectors, thereby contributing to a circular economy.
Government policies have played a pivotal role in shaping the market. The Extended Producer Responsibility (EPR) system mandates manufacturers to collect and recycle their end-of-life products. This has led to the establishment of advanced recycling facilities and partnerships aimed at enhancing recycling rates and technological capabilities.
Despite these advancements, challenges persist. Fluctuating scrap metal prices and the high costs associated with recycling processes can impact profitability. Moreover, ensuring compliance with stringent environmental regulations requires continuous investment in technology and infrastructure.
In my experience working with South Korean recycling firms, I have observed a strong emphasis on innovation and collaboration. Companies are investing in state-of-the-art technologies to improve recovery rates and are engaging in partnerships to share best practices and drive industry-wide improvements.
Overall, South Korea's Metal E-waste Recycling Market is poised for growth, underpinned by robust industrial demand, supportive policies, and a collective commitment to environmental stewardship.
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Johnson Matthey
Sims Lifecycle Services
EnviroLeach
Umicore
Materion
Boliden
DOWA
Heraeus
TES-AMM
Metallix Refining
TANAKA Precious Metals
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 South Korea Metal E-waste Recycling Market
Household Devices
Commercial Equipment
Industrial Electronics
Consumer Electronics
IT and Telecommunications Equipment
Ferrous Metals
Non-Ferrous Metals
Precious Metals
Other Valuable Metals
Physical Recycling
Chemical Recycling
Biological Recycling
Mechanical Recycling
Automotive
Electronics and Electrical
Aerospace
Construction
Telecommunications
Collection and Transportation
Sorting and Dismantling
Processing and Recovery
Refining and Selling
Disposal and Landfilling
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Metal E-waste 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. South Korea Metal E-waste Recycling Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Metal E-waste Recycling Market, By Type
6. South Korea Metal E-waste Recycling Market, By Application
7. South Korea Metal E-waste Recycling Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Metal E-waste Recycling Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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