Global Electronics Recycling Strategic Market Report 2023: Market to Reach $110.6 Billion by 2030 - Low Recycling Rates & Circular Approach Towards Electronics Gaining Momentum
Thursday, October 5, 2023
DUBLIN, Sept. 27, 2023 /PRNewswire/ -- The "Electronics Recycling - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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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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