Global E-Scrap Recycling Market - Industry Trends and Forecast to 2029
Global E-Scrap Recycling Market, By Recycler Type (Glass Recycler, Metal Recycler, Plastic Recycler, Printed Circuit Board Recycler), Material (Metal, Glass, Plastic, Others), Source (Household Appliances, Entertainment and Consumer Electronics, IT and Telecommunication, Computers, Phones, Others), Country (U.S., copyright, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029.
The e-scrap recycling market is expected to witness market growth at a rate of 14.8% in the forecast period of 2022 to 2029. Data Bridge Market Research report on e-scrap recycling market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for electronic and electrical equipment is escalating the growth of e-scrap recycling market.
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**Segments**
- **Material Type**:
- Ferrous Metals
- Non-Ferrous Metals
- Plastics
- Glass
- Others
- **Source**:
- Household Appliances
- IT and Telecommunications Equipment
- Consumer Electronics
- Others
- **Application**:
- Home Appliances
- Consumer Electronics
- Others
**Market Players**
- Umicore
- Sims Recycling Solutions
- Tetronics International
- Stena Metall AB
- Boliden AB
- Waste Management Inc.
- Aurubis AG
- DOWA ECO-SYSTEM Co. Ltd.
- ERI
- Electronic Recyclers International Inc.
With the increasing need for sustainable practices and environmental consciousness, the E-Scrap Recycling market is witnessing significant growth. The market is segmented based on material type, source, and application. In terms of material type, the market is further segmented into ferrous metals, non-ferrous metals, plastics, glass, and others. Non-ferrous metals are widely recycled due to their high economic value and extensive use in electronic devices. The source segment includes household appliances, IT and telecommunications equipment, consumer electronics, and others. The increasing number of household appliances and consumer electronics being disposed of contributes to the growth of the market. On the other hand, the application segment consists of home appliances, consumer electronics, and others, reflecting the diverse end uses of recycled E-Scrap materials.
Leading market players in the E-Scrap Recycling industry include Umicore, Sims Recycling Solutions, Tetronics International, Stena Metall AB, Boliden AB, Waste Management Inc., Aurubis AG, DOWA ECO-SYSTEM Co. Ltd., ERI, and Electronic Recyclers International Inc. These players are focusing on technological advancements and strategic partnerships to enhance their market presence and meet the growing demand for E-Scrap recycling solutions.The E-Scrap Recycling market is experiencing robust growth driven by the increasing emphasis on sustainability and environmental awareness. As governments and organizations worldwide seek to reduce electronic waste and promote recycling practices, the demand for E-Scrap recycling solutions is on the rise. This trend is further reinforced by the stringent regulations aimed at managing electronic waste effectively and reducing its adverse impacts on the environment. Moreover, the growing awareness among consumers about the importance of recycling electronic products is contributing to the expansion of the E-Scrap Recycling market.
One of the key segments in the E-Scrap Recycling market is the material type category, which includes ferrous metals, non-ferrous metals, plastics, glass, and other materials. Non-ferrous metals, such as copper, aluminum, and precious metals, are particularly valuable for recycling due to their high economic value and wide usage in various electronic devices. The recycling of these metals not only helps in conserving natural resources but also reduces the environmental footprint associated with mining and extraction activities.
The source segment of the E-Scrap Recycling market encompasses diverse industries such as household appliances, IT and telecommunications equipment, consumer electronics, and others. The increasing adoption of electronic gadgets and the rapid pace of technological obsolescence are leading to a surge in electronic waste generation, thereby driving the demand for E-Scrap recycling services. Household appliances, including refrigerators, washing machines, and air conditioners, contain a substantial amount of recyclable materials, making them a significant source of E-Scrap.
In terms of applications, E-Scrap materials find utility in various sectors such as home appliances, consumer electronics, and others. The recycled materials are often processed and reused in the manufacturing of new products, contributing to the circular economy concept. Home appliances like TVs, microwaves, and toasters contain valuable components that can be recovered through recycling processes, showcasing the importance of sustainable disposal practices.
The competitive landscape of the E-Scrap Recycling market is characterized by the presence**Segments**
- **Material Type**:
- Ferrous Metals
- Non-Ferrous Metals
- Plastics
- Glass
- Others
- **Source**:
- Household Appliances
- IT and Telecommunications Equipment
- Consumer Electronics
- Others
- **Application**:
- Home Appliances
- Consumer Electronics
- Others
**Market Players**
- Umicore
- Sims Recycling Solutions
- Tetronics International
- Stena Metall AB
- Boliden AB
- Waste Management Inc.
- Aurubis AG
- DOWA ECO-SYSTEM Co. Ltd.
- ERI
- Electronic Recyclers International Inc.
The E-Scrap Recycling market is witnessing substantial growth propelled by the increasing importance of sustainable practices and environmental awareness. The segmentation of the market based on material type, source, and application provides a comprehensive view of the industry landscape. Among material types, non-ferrous metals stand out for their economic value and widespread use in electronics. The source segment reflects the diverse industries contributing to e-scrap generation, with household appliances and consumer electronics playing a significant role. The application segment underscores the varied uses of recycled e-scrap materials in different sectors, highlighting the circular economy concept.
The market leaders in the E-Scrap Recycling industry are actively engaged in technological advancements and strategic partnerships to strengthen their market presence and cater to the escalating demand for e-scrap recycling
Major Points Covered in TOC:
E-Scrap Recycling Market Overview: It incorporates six sections, research scope, significant makers covered, market fragments by type, E-Scrap Recycling Market portions by application, study goals, and years considered.
E-Scrap Recycling Market Landscape: Here, the opposition in the Worldwide E-Scrap Recycling Market is dissected, by value, income, deals, and piece of the pie by organization, market rate, cutthroat circumstances Landscape, and most recent patterns, consolidation, development, obtaining, and portions of the overall industry of top organizations.
E-Scrap Recycling Profiles of Manufacturers: Here, driving players of the worldwide E-Scrap Recycling Market are considered dependent on deals region, key items, net edge, income, cost, and creation.
E-Scrap Recycling Market Status and Outlook by Region: In this segment, the report examines about net edge, deals, income, creation, portion of the overall industry, CAGR, and market size by locale. Here, the worldwide E-Scrap Recycling Market is profoundly examined based on areas and nations like North America, Europe, China, India, Japan, and the MEA.
E-Scrap Recycling Application or End User: This segment of the exploration study shows how extraordinary end-client/application sections add to the worldwide E-Scrap Recycling Market.
E-Scrap Recycling Market Forecast: Production Side: In this piece of the report, the creators have zeroed in on creation and creation esteem conjecture, key makers gauge, and creation and creation esteem estimate by type.
Keyword: Research Findings and Conclusion: This is one of the last segments of the report where the discoveries of the investigators and the finish of the exploration study are given.
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