Global E-scrap Recycling Market
Electrical and Electronics

E-scrap Recycling Industry Anticipated to Expand at 10.1% CAGR During the Forecast Period

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What Are The Forecasted Market Size Estimates For The E-scrap Recycling Market Between 2025 And 2029?

The market for e-scrap recycling has experienced robust expansion lately, projected to increase from \$9.46 billion in 2024 to \$10.26 billion the following year, demonstrating a compound annual growth rate (CAGR) of 8.5%; this upward trend during the past period is attributable to escalating quantities of electronic waste, supportive governmental regulations, worries regarding the depletion of natural resources, the pursuit of corporate environmental targets, and heightened public consciousness.

Foreseeing a swift expansion, the e-scrap recycling market is projected to reach a valuation of $15.07 billion by 2029, achieving a compound annual growth rate (CAGR) of 10.1% over the upcoming years. This surge during the projection timeframe is propelled by factors such as the changing makeup of electronic waste, policies promoting a circular economy enacted by governments, the implementation of extended producer responsibility (EPR) mandates, emerging prospects in urban mining, and increased international cooperation. Key developments anticipated to shape the market throughout this period encompass progress in sorting apparatus, broad technological improvements, novel recycling methodologies, the practice of urban mining, and strengthened global alliances and cooperative arrangements.

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Which Major Market Drivers Are Shaping The Future Of The E-scrap Recycling Market?

Anticipated expansion in the utilization of electronic goods is set to fuel the trajectory of the e-scrap recycling sector. “Electronic product” is defined expansively to encompass any item, component, or device that incorporates an electronic circuit. Advances in technology have substantially amplified the demand for electronic apparatus, consequently generating vast quantities of electronic debris or waste that, through recycling, can mitigate carbon emissions and foster improved ecological states. Typical examples of such discarded electronics include television sets, refrigerators, air conditioners, cell phone accessories such as chargers, main circuit boards, audio gear like headphones, optical media such as CDs, and visual displays. To illustrate the scale, Invest India, which functions as India’s official body for attracting foreign investment and assisting those exploring opportunities within the nation, reported the worldwide market valuation for electronic devices reached a substantial $2.9 trillion in the year 2020. Moreover, the US-based trade and standards organization, The Consumer Technology Association (CTA), representing 1,376 technology enterprises across the US, forecasted that retail sales revenue for the consumer technology sector would exceed $505 billion for the first time, marking an expected 2.8% growth over the substantial 9.6% revenue surge experienced in 2021 compared to 2020; consequently, this heightened consumption of electronics is serving as a primary catalyst for the expansion seen in the e-scrap recycling industry.

What Are The Key Segments In The E-scrap Recycling Market?

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

What Long-Term Trends Will Shape The Future Growth Of The E-scrap Recycling Industry?

E-scrap recycling is currently experiencing a significant surge due to rapid technological progress, with key industry players dedicating efforts toward creating novel technological approaches to enhance their market standing. As an illustration of this trend, in September of 2022, ANDRITZ, an Austrian technology firm providing processing units, installations, machinery, and support across diverse sectors, introduced an innovative shredder technology specifically designed to facilitate environmentally sound e-scrap repurposing; this new equipment, the ADuro G-1600S granulator, incorporates enhanced shielding against wear, consequently extending its operational lifespan, while its design allows for simplified servicing, which minimizes interruptions to work schedules and thereby boosts overall output, effectively substituting a comparable machine previously sourced from a different vendor.

Who Are The Primary Competitors In The Global E-scrap Recycling Market?

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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Which Region Shows The Highest Potential For Future Expansion In 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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