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Home » Our Report Repository » E-scrap Recycling Market Analysis and Global Forecast (2023-2033) with COVID Impact Analysis
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E-scrap Recycling Market Analysis and Global Forecast (2023-2033) with COVID Impact Analysis

$ 3,475.00

E-scrap Recycling Market Research Report: Information By Product Type (IT and Telecommunications Product Type, Large White Goods, Small Household Appliances, Others), By Processed Materials (Plastic, Metal, Glass, Others), and by Region — Forecast till 2033

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Description

E-scrap Recycling Market Overview

The E-scrap Recycling Market Size is expected to reach USD 97.44 Billion by 2033. The E-scrap Recycling industry size accounted for USD 25.71 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 14.2% from 2023 to 2033. E-scrap recycling, also known as electronic waste recycling or e-waste recycling, is the systematic process of recovering and reusing valuable materials from discarded electronic devices. It involves the collection, sorting, dismantling, and processing of electronic waste to extract components and resources for reuse or proper disposal. E-scrap recycling aims to minimize the environmental impact of electronic waste, conserve natural resources, and promote the circular economy by diverting e-waste from landfills and extracting valuable materials like precious metals, plastics, and other recyclable elements through various refining and recycling techniques. This practice helps mitigate pollution, reduce the need for raw materials, and contribute to sustainable waste management and resource conservation in the electronic industry.

Global E-scrap Recycling Market Synopsis

COVID-19 Impact Analysis

The COVID-19 pandemic had a profound and transformative impact on the E-scrap Recycling market. The increased reliance on technology during lockdowns and remote work led to a significant rise in electronic waste generation as people upgraded their devices or disposed of outdated ones. However, disruptions in global supply chains and logistical challenges hindered the recycling and disposal processes. Despite these challenges, the pandemic also heightened awareness of the importance of sustainable practices, resulting in increased demand for e-scrap recycling services. The industry responded by adopting innovative solutions such as remote diagnostics, contactless collection, and digital platforms for e-waste management. Overall, the pandemic accelerated the need for efficient and environmentally responsible e-scrap recycling practices, driving market growth and shaping the industry’s future.

E-scrap Recycling Market Dynamics

The major factors that have impacted the growth of E-scrap Recycling are as follows:

Drivers:

Increasing Awareness and Regulatory Pressure

Growing awareness about the environmental impact of electronic waste and stringent regulations regarding e-waste management is driving the demand for e-scrap recycling. Governments and regulatory bodies are implementing policies to promote the responsible disposal and recycling of electronic waste, encouraging businesses and individuals to participate in e-scrap recycling initiatives.

Restraint:

  • Complexity in E-waste Composition and Handling

Electronic waste contains a diverse range of materials, including hazardous substances, making the recycling process complex and challenging. The varying composition of e-waste requires specialized technologies and expertise for effective dismantling, sorting, and recycling. The complexity of handling e-waste can pose challenges for recyclers, increasing costs and limiting scalability.

Opportunity:

Rising Demand for Recycled Materials

The growing demand for recycled materials presents a significant opportunity for the e-scrap recycling market. With the increasing focus on sustainability and the circular economy, industries are seeking recycled materials, such as precious metals, plastics, and rare earth elements, to reduce reliance on virgin resources. E-scrap recycling can provide a sustainable and cost-effective source of these materials, creating opportunities for market growth and the development of innovative recycling technologies.

E-scrap Recycling Segment Overview

By Product Type

Based on Product Type, the market is segmented based on IT and Telecommunications Product Types, Large White Goods, Small Household Appliances, and Others. The Large White Goods segment is expected to witness significant growth during the forecast period. There is a growing emphasis on sustainable practices and environmental responsibility, leading to increased awareness about the proper disposal and recycling of large white goods. As a result, governments and regulatory bodies are implementing stricter regulations and encouraging the recycling of electronic waste, including large appliances.

By Processed Materials

Based on Processed Materials, the market has been divided into Plastic, Metal, Glass, and Others. Metal dominates the E-scrap Recycling Market. Metals are highly valuable and sought-after resources found in electronic devices. Precious metals like gold, silver, and platinum are used in circuit boards, connectors, and other electronic components due to their excellent conductivity and resistance to corrosion. The recycling process focuses on extracting these metals through techniques such as smelting, refining, and recovery from electronic waste.

Global E-scrap Recycling Market Regional Analysis

Based on region, the global E-scrap Recycling market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the E-scrap Recycling market followed by the Asia-Pacific and Europe regions.

North America Market

North America has consistently maintained a dominant position in the E-scrap Recycling market due to several factors. Firstly, the region has a well-developed infrastructure for e-scrap recycling, including established collection networks, processing facilities, and regulatory frameworks that promote responsible recycling practices. Secondly, there is a high level of awareness among businesses and consumers in North America regarding the environmental impact of electronic waste, leading to a strong demand for recycling services. Additionally, the presence of major electronic manufacturers and technology companies in North America contributes to the availability of a large volume of e-waste for recycling. Furthermore, initiatives and programs by governments, industry associations, and non-profit organizations in the region have further propelled the growth and dominance of North America in the E-scrap Recycling market.

Asia-Pacific Market

The Asia-Pacific region has indeed emerged as a rapidly growing market for the E-scrap Recycling industry. Several factors contribute to this growth. Firstly, the region is home to a large population and has witnessed rapid economic development, leading to increased consumption of electronic devices and subsequent electronic waste generation. This rising e-waste volume presents a significant opportunity for the growth of the E-scrap Recycling market. Additionally, governments in countries like China, India, and South Korea have introduced regulations and policies to promote proper e-waste management and recycling. Moreover, increasing awareness about environmental sustainability, coupled with the growing adoption of circular economy principles, has spurred the demand for e-scrap recycling services in the Asia-Pacific region. The presence of a robust manufacturing sector, technological advancements, and investments in recycling infrastructure further contribute to the region’s growth potential in the E-scrap Recycling market.

Competitive Landscape

The Global E-scrap Recycling market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.

Prominent Players:

  • JX Nippon Mining & Metals Corporation
  • Ecoreco Ltd
  • Electronic Recyclers International
  • Stena Metall
  • Quantum Lifecycle Partners
  • Umicore N.V.
  • WM Intellectual Property Holdings
  • Iron Mountain Incorporated
  • DOWA ECO-SYSTEM Co Ltd
  • Desco Electronic Recyclers

Scope of the Report

Global E-scrap Recycling Market, by Product Type           

  • IT and Telecommunications Product Type
  • Large White Goods
  • Small Household Appliances
  • Others

Global E-scrap Recycling Market, by Processed Materials

  • Plastic
  • Metal
  • Glass
  • Others

Global E-scrap Recycling Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Benelux
    • Nordic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Indonesia
    • Austalia
    • Malaysia
    • India
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of Middle East & Africa

 

Parameters Indicators
Market Size 2033: $97.44 Billion
CAGR 14.2% CAGR (2023-2033)
Base year 2022
Forecast Period 2023-2033
Historical Data 2021
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations Product Type, Processed Materials
Geographies Covered North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors JX Nippon Mining & Metals Corporation, Ecoreco Ltd, Electronic Recyclers International, Stena Metall AB, Quantum Lifecycle Partners, Umicore N.V., WM Intellectual Property Holdings, Iron Mountain Incorporated, DOWA ECO-SYSTEM Co Ltd, Desco Electronic Recyclers
Key Market Opportunities • Rising demand for recycled materials, including precious metals, plastics, and rare earth elements
• Development of innovative recycling technologies and automation solutions
• Growing market potential in emerging economies with increasing electronic waste generation
Key Market Drivers • Increasing awareness about the environmental impact of electronic waste
• Stringent regulations and policies promoting responsible e-waste management
• Growing demand for recycled materials and the circular economy

 

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future E-scrap Recycling market trends and opportunities
  • Detailed analysis of current market drivers, restraining factors, and opportunities in the future
  • E-scrap Recycling market historical market size for the year 2021, and forecast from 2023 to 2033
  • E-scrap Recycling market share analysis at each product level
  • Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
  • To identify and understand the various factors involved in the global E-scrap Recycling market affected by the pandemic
  • To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Frequently Asked Questions (FAQ)

1. What is the study period of this market?

  • The study period of the global E-scrap Recycling market is 2021- 2033

2. What is the growth rate of the global E-scrap Recycling market?

  • The Global E-scrap Recycling market is growing at a CAGR of 14.2% over the next 10 years

3. Which region has the highest growth rate in the market of E-scrap Recycling?

  • Asia Pacific is expected to register the highest CAGR during 2023-2033

4. Which region has the largest share of the global E-scrap Recycling market?

  • North America holds the largest share in 2022

5. Who are the key players in the global E-scrap Recycling market?

  • JX Nippon Mining & Metals Corporation, Ecoreco Ltd, Electronic Recyclers International, Stena Metall AB, Quantum Lifecycle Partners, Umicore N.V., WM Intellectual Property Holdings, Iron Mountain Incorporated, DOWA ECO-SYSTEM Co Ltd, Desco Electronic Recyclers are the major companies operating in the market.

6. Do you offer Post Sale Support?

  • Yes, we offer 16 hours of analyst support to solve the queries

7. Do you sell particular sections of a report?

Yes, we provide regional as well as country-level reports. Other than this we also provide a sectional report. Please get in contact with our sales representatives.

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Table of Content

Table of Content

Chapter 1.   Executive Summary

Chapter 2.   Scope Of The Study

                     2.1.   Market Definition

                     2.2.   Scope Of The Study

                               2.2.1.   Objectives of Report

                               2.2.2.   Limitations

                     2.3.   Market Structure

Chapter 3.   Evolve BI Methodology

Chapter 4.   Market Insights and Trends

                     4.1.   Supply/ Value Chain Analysis

                               4.1.1.   Raw Material Providers

                               4.1.2.   Manufacturing Process

                               4.1.3.   Distributors/Retailers

                               4.1.4.   End-Use Industry

                     4.2.   Porter’s Five Forces Analysis

                               4.2.1.   Threat Of New Entrants

                               4.2.2.   Bargaining Power Of Buyers

                               4.2.3.   Bargaining Power Of Suppliers

                               4.2.4.   Threat Of Substitutes

                               4.2.5.   Industry Rivalry

                     4.3.   Impact Of COVID-19 on the E-scrap Recycling Market

                               4.3.1.   Impact on Market Size

                               4.3.2.   End-Use Industry Trend, Preferences, and Budget Impact

                               4.3.3.   Regulatory Framework/Government Policies

                               4.3.4.   Key Players' Strategy to Tackle Negative Impact

                               4.3.5.   Opportunity Window

                     4.4.   Technology Overview

                     12.28.   Macro factor

                     4.6.   Micro Factor

                        4.7.   Demand Supply Gap Analysis of the E-scrap Recycling Market

                        4.8.   Import Analysis of the E-scrap Recycling Market

                        4.9.   Export Analysis of the E-scrap Recycling Market

Chapter 5.   Market Dynamics

                     5.1.   Introduction

                     5.2.   DROC Analysis

                               5.2.1.   Drivers

                               5.2.2.   Restraints

                               5.2.3.   Opportunities

                               5.2.4.   Challenges

                     5.3.   Patent Analysis

                     5.4.   Industry Roadmap

                     5.5.   Parent/Peer Market Analysis

Chapter 6.   Global E-scrap Recycling Market, By Product Type          

                     6.1.   Introduction

                     6.2.   IT and Telecommunications Equipment

                     6.3.   Large White Goods

                     6.4.   Small Household Appliances

                     6.5.   Others

Chapter 7.   Global E-scrap Recycling Market, By Processed Materials

                     7.1.   Introduction

                     7.2.   Plastic

                     7.3.   Metal

                     7.4.   Glass

                     7.5.   Others

Chapter 8.   Global E-scrap Recycling Market, By Region

                     8.1.   Introduction

                     8.2.   North America

                               8.2.1.   Introduction

                               8.2.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                               8.2.3.   Market Size and Forecast, By Country, 2023-2033

                               8.2.4.   Market Size and Forecast, By Product Type, 2023-2033

                               8.2.5.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.2.6.   US

                                              8.2.6.1.   Introduction

                                              8.2.6.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.2.6.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.2.6.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.2.7.   Canada

                                              8.2.7.1.   Introduction

                                              8.2.7.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.2.7.4.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.2.7.5.   Market Size and Forecast, By Processed Materials, 2023-2033

                     8.3.   Europe

                               8.3.1.   Introduction

                               8.3.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                               8.3.3.   Market Size and Forecast, By Country, 2023-2033

                               8.3.4.   Market Size and Forecast, By Product Type, 2023-2033

                               8.3.5.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.3.6.   Germany

                                              8.3.6.1.   Introduction

                                              8.3.6.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.3.6.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.3.6.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.3.7.   France

                                              8.3.7.1.   Introduction

                                              8.3.7.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.3.7.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.3.7.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.3.8.   UK

                                              8.3.8.1.   Introduction

                                              8.3.8.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.3.8.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.3.8.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.3.9.   Italy

                                              8.3.9.1.   Introduction

                                              8.3.9.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.3.9.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.3.9.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.3.11.   Rest Of Europe

                                              8.3.11.1.   Introduction

                                              8.3.11.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.3.11.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.3.11.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                     8.4.   Asia-Pacific

                               8.4.1.   Introduction

                               8.4.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                               8.4.3.   Market Size and Forecast, By Country, 2023-2033

                               8.4.4.   Market Size and Forecast, By Product Type, 2023-2033

                               8.12.28.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.4.6.   China

                                              8.4.6.1.   Introduction

                                              8.4.6.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.4.6.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.4.6.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.4.7.   India

                                              8.4.7.1.   Introduction

                                              8.4.7.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.4.7.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.4.7.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.4.8.   Japan

                                              8.4.8.1.   Introduction

                                              8.4.8.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.4.8.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.4.8.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.4.9.   South Korea

                                              8.4.9.1.   Introduction

                                              8.4.9.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.4.9.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.4.9.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                               8.4.10.   Rest Of Asia-Pacific

                                              8.4.10.1.   Introduction

                                              8.4.10.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                              8.4.10.3.   Market Size and Forecast, By Product Type, 2023-2033

                                              8.4.10.4.   Market Size and Forecast, By Processed Materials, 2023-2033

                     8.5.   Rest Of The World (RoW)

                               8.5.1.   Introduction

                               8.5.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                               8.5.3.   Market Size and Forecast, By Product Type, 2023-2033

                               8.5.4.   Market Size and Forecast, By Processed Materials, 2023-2033

Chapter 9.   Company Landscape

                     9.1.   Introduction

                     9.2.   Vendor Share Analysis

                     9.3.   Key Development Analysis

                     9.4.   Competitor Dashboard

Chapter 10.   Company Profiles

                     10.1.   JX Nippon Mining & Metals Corporation

                               10.1.1.   Business Overview

                               10.1.2.   Government & Defense Analysis

                                              10.1.2.1.   Government & Defense – Existing/Funding

                               10.1.3.   Product Portfolio

                               10.1.4.   Recent Development and Strategies Adopted

                               10.1.5.   SWOT Analysis

                     10.2.   Ecoreco Ltd

                               10.2.1.   Business Overview

                               10.2.2.   Government & Defense Analysis

                                              10.2.2.1.   Government & Defense – Existing/Funding

                               10.2.3.   Product Portfolio

                               10.2.4.   Recent Development and Strategies Adopted

                               10.2.5.   SWOT Analysis

                     10.3.   Electronic Recyclers International

                               10.3.1.   Business Overview

                               10.3.2.   Government & Defense Analysis

                                              10.3.2.1.   Government & Defense – Existing/Funding

                               10.3.3.   Product Portfolio

                               10.3.4.   Recent Development and Strategies Adopted

                               10.3.5.   SWOT Analysis

                     10.4.   Stena Metall AB

                               10.4.1.   Business Overview

                               10.4.2.   Government & Defense Analysis

                                              10.4.2.1.   Government & Defense – Existing/Funding

                               10.4.3.   Product Portfolio

                               10.4.4.   Recent Development and Strategies Adopted

                               10.12.28.   SWOT Analysis

                     10.5.   Quantum Lifecycle Partners

                               10.5.1.   Business Overview

                               10.5.2.   Government & Defense Analysis

                                              10.5.2.1.   Government & Defense – Existing/Funding

                               10.5.3.   Product Portfolio

                               10.5.4.   Recent Development and Strategies Adopted

                               10.5.5.   SWOT Analysis

                     10.6.   Umicore N.V.

                               10.6.1.   Business Overview

                               10.6.2.   Government & Defense Analysis

                                              10.6.2.1.   Government & Defense – Existing/Funding

                               10.6.3.   Product Portfolio

                               10.6.4.   Recent Development and Strategies Adopted

                               10.6.5.   SWOT Analysis

                     10.7.   WM Intellectual Property Holdings

                               10.7.1.   Business Overview

                               10.7.2.   Government & Defense Analysis

                                              10.7.2.1.   Government & Defense – Existing/Funding

                               10.7.3.   Product Portfolio

                               10.7.4.   Recent Development and Strategies Adopted

                               10.7.5.   SWOT Analysis

                     10.8  Iron Mountain Incorporated

                               10.8.1.   Business Overview

                               10.8.2.   Government & Defense Analysis

                                              10.8.2.1.   Government & Defense – Existing/Funding

                               10.8.3.   Product Portfolio

                               10.8.4.   Recent Development and Strategies Adopted

                               10.8.5.   SWOT Analysis

                     10.9   DOWA ECO-SYSTEM Co Ltd

                               10.9.1.   Business Overview

                               10.9.2.   Government & Defense Analysis

                                              10.9.2.1.   Government & Defense – Existing/Funding

                               10.9.3.   Product Portfolio

                               10.9.4.   Recent Development and Strategies Adopted

                               10.9.5.   SWOT Analysis

                     10.10.   Desco Electronic Recyclers

                               10.10.1.   Business Overview

                               10.10.2.   Government & Defense Analysis

                                              10.10.2.1.   Government & Defense – Existing/Funding

                               10.10.3.   Product Portfolio

                               10.10.4.   Recent Development and Strategies Adopted

                               10.10.5.   SWOT Analysis

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