2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

How Are Key Drivers Contributing to the Growth and Expansion of the E-scrap Recycling Market?

The rise in the consumption of electronic goods is anticipated to boost the expansion of the e-scrap recycling market in the future. An electronic product is anything that is manufactured or any component that contains an electronic circuit. Due to advancements in technology, the demand for electronic devices has grown significantly, producing a substantial amount of electronic scrap or waste that can potentially be recycled to minimize carbon emissions and improve environmental conditions. Typical electronic waste comprises computer screens, motherboards, mobile phones and their chargers, CDs, headphones, TVs, air conditioners, and fridges. For example, Invest India, a national agency for promoting investments that guides investors looking for business opportunities in India, stated that in 2020, the worldwide electronic devices market was valued at $2.9 Tn. Moreover, The Consumer Technology Association (CTA), a U.S.-based trade organization representing 1,376 consumer technology businesses in the U.S., forecasted the consumer technology sector to exceed $505 billion in retail sales revenue for the first time, marking a 2.8% revenue rise from the impressive 9.6% growth in 2021 compared to 2020. Hence, the proliferating use of electronic goods is fuelling the e-scrap recycling market’s growth.

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#What is the Projected CAGR for the E-scrap Recycling Market Size from 2025 to 2034?

In recent times, there has been remarkable growth in the e-scrap recycling market, with projections for its expansion from $9.46 billion in 2024 to $10.39 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.9%. This impressive growth during the historic period can be linked to factors such as increasing e-waste volumes, regulatory policy interventions, concerns over resource scarcity, corporate sustainability objectives, and heightened consumer consciousness.

Anticipated to experience swift expansion in the coming years, the e-scrap recycling market is projected to reach $15.44 billion by 2029, with a compound annual growth rate (CAGR) of 10.4%. This expansion during the forecast period is likely to be driven by factors such as the changing nature of e-waste, government policies promoting a circular economy, extended producer responsibility (EPR), opportunities in urban mining and worldwide collaboration. Noteworthy trends during this forecast period are expected to include improvements in sorting technologies, technological advancements and innovations in recycling processes, urban mining, as well as increased global collaboration and partnerships.

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What New Market Trends Are Reshaping theE-scrap Recycling Market and Its Opportunities?

Innovations in technology are becoming a dominant trend within the e-scrap recycling market. Major players in this market are concentrating on the introduction of new technological advancements in order to solidify their market positioning. For instance, in September 2022, the Austria-based technology group ANDRITZ, renowned for supplying plants, systems, equipment, and services to numerous sectors, unveiled a shredder technology designed to enhance sustainable recycling of e-scrap. The new ADuro G-1600S granulator comes with extra wear protection, increasing its lifespan. It’s designed for easy maintenance, thereby minimizing downtimes, which ultimately results in increased production. The granulator is set to take over from an existing machine from a different provider.

Who Are the Leading Market Players Fueling Growth in the E-scrap Recycling Market Trend?

Major companies operating in the e-scrap recycling market include TES-AMM Japan, DOWA Holdings Co. Ltd., Aurubis AG, Tetronics Holdings Ltd, Boliden AB, JX Nippon Mining & Metals Corporation, Sims Lifecycle Services Ltd, Umicore N.V., Stena Metall AB, Retronix Inc., Technology Conservation Group Inc., Sage Sustainable Electronics LLC, Enviro-Hub Holdings Ltd, Quantum Lifecycle Partners LP, Dynamic Recycling Inc., ERI LLC and Sims Metal Management Limited, Electronic Recyclers International Inc., Advanced Technology Recycling Inc., PowerHouse Recycling Inc., MBA Polymers Inc., Lifespan Technology Recycling Inc., E-Waste Harvesters Inc., Grand Metal Corporation, GreenChip Recycling LLC, RecycleForce, Ecoreco Limited, Global Electric Electronic Processing Inc., ECS Refining LLC, E-Parisaraa Pvt. Ltd., Secure Environmental Electronics Recycling Inc.

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How is the Global E-scrap Recycling Market Segemented?

The e-scrap recycling market covered in this report is segmented –

1) By Product: IT And Telecom Equipment, Small Household Appliances, Large White Goods, Consumer Electronics, Other Products

2) By Processed Material: Metal, Glass, Plastic, Other Processed Materials

3) By Application: Dealing Materials, Recycling Materials

Subsegments:

1) By IT And Telecom Equipment: Computers And Laptops, Printers And Copiers, Telecommunications Devices

2) By Small Household Appliances: Kitchen Gadgets, Personal Care Devices, Small Cleaning Appliances

3) By Large White Goods: Refrigerators, Washing Machines, Air Conditioners

4) By Consumer Electronics: TVs And Monitors, Audio And Video Equipment, Gaming Consoles

5) By Other Products: Batteries, Cables And Wiring, Photovoltaic Panels

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Which Geographics are Influencing the Growth of the E-scrap Recycling Market?

Europe was the largest region in the e-scrap recycling market in 2024. The regions covered in the e-scrap recycling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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