Global Electronics Recycling Strategic Market Report 2023: Market to Reach $110.6 Billion by 2030 - Low Recycling Rates & Circular Approach Towards Electronics Gaining Momentum

DUBLIN, Sept. 27, 2023 /PRNewswire/ -- The "Electronics Recycling - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Electronics Recycling Market to Reach $110.6 Billion by 2030

The global Electronics Recycling market is on a significant growth trajectory, with an estimated value of US$39.8 Billion in 2022, expected to reach US$110.6 Billion by 2030. This growth is driven by a robust compound annual growth rate (CAGR) of 13.6% during the analysis period from 2022 to 2030.

Historical data from 2014 to 2021 indicates a positive trend, further reinforcing the optimistic outlook for the market's future. Key materials in focus for recycling efforts include metals, plastics, and other materials.

The Electronics Recycling market encompasses a variety of equipment types, including consumer electronics, IT & telecom equipment, and more. This expansion is fueled by increasing environmental awareness and the growing demand for sustainable waste management practices.

The Metals segment is projected to achieve a remarkable 14.3% CAGR, reaching a valuation of US$80.3 Billion by the end of the analysis period. Similarly, the Plastics segment is expected to experience strong growth, with an estimated 12.4% CAGR over the next eight years.

This growth is not limited to a specific region but extends globally, covering regions such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.

In the United States, the Electronics Recycling market is valued at approximately US$8.1 Billion in 2022. Meanwhile, China, as the world's second-largest economy, is projected to attain a market size of US$28.6 Billion by 2030, showcasing a robust CAGR of 17% during the period from 2022 to 2030.

Japan and Canada are among other noteworthy markets, with expected growth rates of 9.5% and 9.7%, respectively, over the 2022-2030 period. Within Europe, Germany is forecasted to grow at an impressive rate of approximately 13.3% CAGR. This data indicates a promising future for the Electronics Recycling market worldwide.

What`s New?

• Special discussions on the global economic climate and market sentiment
• Coverage on global competitiveness and key competitor percentage market shares
• Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and trademarked research platform
• Complimentary updates for one year
• Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• COVID-19 Upends E-Waste Trends
• Electronics Recycling to Gain as Halt to E-Waste Generation Appears Transitory
• Electronics Recycling & IT Asset Disposition Players Mend Ways to Deal with COVID-19
• YoY% Change in Consumption of Electronic and Electrical Devices: 2020 Vs 2019
• Electronics Recycling: An Introduction
• E-Waste Industry on Rise
• Types of E-Waste
• Typical Material Composition of Select Electrical and Electronic Equipment
• E-Waste Piles Up in Offices amid the Transition to WFH Model
• Busy Days for Electronics Recycling Facilities
• Implications of E-Waste on Environment and Human Health
• E-Waste Statistics
• Flow of E-Waste Worldwide: 2020
• Low Recycling Rates & Circular Approach towards Electronics
• Global E-Waste Generated (in Million Metric Tons): 2015-2030P
• Percentage Breakdown of E-Waste Volume by Geographic Region: 2019
• E-Waste Generated per Inhabitant in Kg for Select Countries
• Key Market Challenges
• E-Waste Recycling and Opportunities
• Outlook
• Growth in Consumer Electronics Sector Fuels Electronics Recycling
• Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
• Geographic Market Analysis
• Developing Countries to Drive Growth
• Impact of Recycling E-Waste in Developing World
• Competition
• eScrap Recycling: A Consolidated Market
• Startup Companies Gain Attention
• Select Startups in e-waste Recycling Business
• Recent Market Activity
• Electronics Recycling - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

MARKET TRENDS & DRIVERS

• Increasing Smartphone Adoption Expands Opportunities for e-Scrap Recycling Market
• Global Smartphone Shipments in Million Units: 2010-2021
• Smartphone Adoption as Share of Total Population: 2016-2021
• Smartphone Adoption Across Select Countries : 2020
• Expanding IoT Ecosystem Provides Steady Demand Prospects
• Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
• Increase in Consumer Spending on Smart Home Gadgets Presents Growth Opportunities
• Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
• Recycling Approaches to Exploit Potential Deposits of E-Waste Lying in Landfills
• Microfluidic Strategy to Push Recycling Rate
• Leading Electronics Recycling Technology Trends
• Major Technology Trends Innovating Electronics Recycling
• Turning Electronic Waste into Power
• Approaches for Recycling Precious Metals
• Anaerobic Digestion & Enzymatic Activity
• Techniques for Efficient Waste Collection, Routing & Disposal
• Waste Management Apps
• AI-Driven Robotics Helping in Overcoming Electronics Recycling Challenges
• Shorter Lifespan of New Electronic Devices Adds to the Volume of E-Waste Generated
• Average Lifespan (in Years) of Select Consumer Electronic Products
• Wearables Manufacturers Focus on Effective EOL Strategies
• Collaboration: Key to Profitable Recycling
• Global Wearable Device Shipments in Million Units for the Years 2017, 2019, 2021, 2023, and 2025
• Recyclers Collaborate with Device Manufacturers
• Smaller and Thinner Devices Create Challenges for Recyclers
• Device Manufacturers Focus on Recyclable Products
• Other Innovative Technologies to Reduce E-Waste Generation
• Rising Concerns over Environmental Implications of Plastics Waste Disposal Turns Focus onto Plastics Recycling
• Plastic Waste Statistics: In a Nutshell
• Global Percentage Breakdown of Plastic Waste Generation by End-Use Sector: 2021E
• Challenges Confronting Total E-waste Elimination
• Rapid Production of Large Quantum of E-Waste Makes Management a Key Challenge
• Low Commodity Price Values - A Major Challenge
• Low General Public Awareness Levels Thwarts Industry Efforts
• Data Security: A Vital Aspect of E-waste Disposal
• Developing Countries: The Common Destination for E-Waste Dumping
• Strategies Likely to Tap Growth Opportunities in E-Waste Management
• Regulatory Regime Paves Way for Recycling of Recycling of Electronics Products

FOCUS ON SELECT PLAYERS (Total 177 Featured)

• Apple, Inc.
• Boliden Group
• Dowa Holdings Co., Ltd.
• Aurubis AG
• Adamec Recycling GmbH
• AER Worldwide
• All Green Electronics Recycling LLC
• BRAL Reststoff-Bearbeitungs GmbH
• CEAR, Inc.
• Cerebra Integrated Technologies Ltd.
• Cimelia Resource Recovery Pte., Ltd.
• Cleanaway Waste Management Ltd.
• Clean Earth, Inc.
• A1 Assets, Inc.
• Chiho Environmental Group Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/ncj4ol

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