E-waste Recycling Market by Cover Page

E-waste Recycling Market by Sources (Industrial Electronics [Medical Equipment and IT & Telecom Equipment], Consumer Electronics [PCBs, IT Equipment, IT Accessories, and Handheld Electronic Devices], Household Appliances, and Others [Ceramics, Concrete, Plywood, Wood, and Rubber]), Materials (Glass, Plastics, Metals & Chemicals, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

  • Report ID: AL-4250
  • Author: Growth Market Reports
  • Rating: 4.8
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  • No. Of Pages: 176
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The e-waste recycling market size was valued at USD 25.8 billion in 2021 and is projected to reach USD 99.7 billion by 2030, expanding at a CAGR of around 16.2% during the forecast period, 2022 – 2030. The growth of the market is attributed to increase in electronic waste around the world, as well as an increase in employment prospects in emerging countries.

E-waste Recycling Market by Summary

Any discarded goods containing a plug or battery is known as e-waste. Any electronic gadget that has reached the end of its useful life is referred to as e-waste. Small and large appliances, as well as heating and cooling equipment, comprise the majority of e-waste. E-waste can be hazardous to the environment if not disposed of properly, hence recycling and recovery initiatives are essential. Small businesses produce a tiny percentage of the e-waste that the world must jointly handle as compared to multinational corporations. E-waste is a global crisis that is rapidly escalating into its own problem. The procurement of new technology to help employees shift to remote work during the epidemic has raised concerns about data security as well as e-waste. COVID-19 resulted in a waste of short-term technology investment, putting data at risk across a wide range of devices.

Market Trends, Drivers, Restraints, and Opportunities

  • Electronic gadgets are being used in almost every human activity owing to technologies such as the Internet of Things (IoT), which is driving the market.
  • Growing environmental impacts and the need to extract precious metals from e-waste are estimated to fuel the market during the forecast period.
  • Government measures as well as the establishment of e-waste collecting zones around the world are expected to boost the market during the projected period.
  • Increasing awareness about the importance of recycling e-waste is expected to propel the market in the coming years.
  • Lack of recycling infrastructure is projected to hinder the market growth.
  • Decrease in the life cycle of electronic devices is expected that useable electronic items will be discarded as e-waste, which is projected to create immense opportunities for the market players.
  • Integration of AI in e-waste recycling is anticipated to offer lucrative opportunities for the market growth during the forecast period.

Scope of the Report

The report on the global e-waste recycling market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

E-waste Recycling Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022 – 2030

Segmentation

Sources (Industrial Electronics [Medical Equipment and IT & Telecom Equipment], Consumer Electronics [PCBs, IT Equipment, IT Accessories, and Handheld Electronic Devices], Household Appliances, and Others [Ceramics, Concrete, Plywood, Wood, and Rubber]), Materials (Glass, Plastics, Metals & Chemicals, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Veolia Environment SA; Cleanaway; Greentec; E-Parisaraa Private Limited; Great Lakes Corporation; Attero Recycling Pvt. Ltd.; Boliden AB; Aurubis AG; SIMS Limited; Electronic Recyclers International Inc.; Tetronics International Limited; Stena Technoworld AB; Enviro-Hub Holdings Ltd.; Quantum Lifecycle Partners; Umicore SA; and TES-AMM

Market Segment Insights

The consumer electronics segment accounted for a major market share in 2021

Based on sources, the market is segregated into industrial electronics, medical equipment, it & telecommunication, consumer electronics, household appliances, and others. The industrial electronics segment is further fragmented into medical equipment and IT & telecom equipment. The consumer electronics segment is further segregated into PCBs, IT equipment, IT accessories, handheld electronic devices, and household appliances. The consumer electronics segment accounted for a major market share in 2021 and is projected to maintain its dominance during the forecast period. The widespread adoption of the aforementioned devices in the household and business sectors has been the primary factor driving the segment. The industrial electronics segment is projected to expand at a high CAGR during the forecast period. Growth of the segment is attributed to rising establishment rate of IT and telecom solution providers, as well as the developing healthcare sector worldwide.

E-waste Recycling Market by Sources

The metal segment is projected to expand at a high CAGR during the forecast period

On the basis of materials, the market is fragmented into glass, plastics, metals & chemicals, and others. The others segment is sub-segregated into ceramics, concrete, plywood, wood, and rubber. The metal segment is projected to expand at a high CAGR during the forecast period. Metal solders, metal tracks, and conductive metals are among the components used in electronic and electrical equipment. Metals are utilized in almost every component, including microcontrollers and printed circuit boards (PCBs), thus the segment is expected to increase during the projected period. The plastics segment is estimated to grow at a rapid pace during the forecast period due to increased use of plastic in a variety of electronic gadgets, such as telephones, lawnmowers, kettles, computers, and food processors.

Asia Pacific dominated the global market in 2021

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market is Asia Pacific dominated the market in 2021 owing to increasing disposable income in emerging and developed nations, combined with an increased adoption of electronic gadgets. Furthermore, industrialized countries such as the UK and US export a considerable amount of e-waste to Asian countries, which is expected to boost the regional market during the projected period. The market is Middle East & Africa is projected to expand at a high CAGR during the forecast period due to unauthorized dumping of e-waste from developed economies, as well as increased government legislation for the organized recycling and collection of electronic waste in the region.

E-waste Recycling Market by Regions

Segments

The global e-waste recycling market has been segmented on the basis of

Sources
  • Industrial Electronics
  • Medical Equipment
  • IT & Telecom Equipment
  • Consumer Electronics
    • PCBs
    • IT Equipment
    • IT Accessories
    • Handheld Electronic Devices
  • Household Appliances
  • Others
    • Ceramics
    • Concrete
    • Plywood
    • Wood
    • Rubber
Materials
  • Glass
  • Plastics
  • Metals & Chemicals
  • and Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Veolia Environment SA
  • Cleanaway
  • Greentec
  • E-Parisaraa Private Limited
  • Great Lakes Corporation
  • Attero Recycling Pvt. Ltd.
  • Boliden AB
  • Aurubis AG
  • SIMS Limited
  • Electronic Recyclers International Inc.
  • Tetronics International Limited
  • Stena Technoworld AB
  • Enviro-Hub Holdings Ltd.
  • Quantum Lifecycle Partners
  • Umicore SA
  • TES-AMM

Competitive Landscape

Key players competing in the e-waste recycling market include Veolia Environment SA; Cleanaway; Greentec; E-Parisaraa Private Limited; Great Lakes Corporation; Attero Recycling Pvt. Ltd.; Boliden AB; Aurubis AG; SIMS Limited; Electronic Recyclers International Inc.; Tetronics International Limited; Stena Technoworld AB; Enviro-Hub Holdings Ltd.; Quantum Lifecycle Partners; Umicore SA; and TES-AMM. Some of these players are using several market strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares, generate revenue, and raise their production line of the business in the coming years. For instance,

  • In November 2021, Aurubis AG is expanding its recycling business in metal-bearing products by establishing a plant in the United States.
  • In February 2021, With the acquisition of GEEP Costa Rica facilities, Quantum Lifecycle Partners expanded its reach across Latin America and the Caribbean, offering best-in-class reuse and recycling solutions to its growing customer base.
E-waste Recycling Market by Key Players
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. E-waste Recycling Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. E-waste Recycling Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. E-waste Recycling Market - Supply Chain
  4.5. Global E-waste Recycling Market Forecast
     4.5.1. E-waste Recycling Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. E-waste Recycling Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. E-waste Recycling Market Absolute $ Opportunity
5. Global E-waste Recycling Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. E-waste Recycling Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global E-waste Recycling Demand Share Forecast, 2019-2026
6. North America E-waste Recycling Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America E-waste Recycling Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America E-waste Recycling Demand Share Forecast, 2019-2026
7. Latin America E-waste Recycling Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America E-waste Recycling Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America E-waste Recycling Demand Share Forecast, 2019-2026
8. Europe E-waste Recycling Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe E-waste Recycling Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe E-waste Recycling Demand Share Forecast, 2019-2026
9. Asia Pacific E-waste Recycling Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific E-waste Recycling Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific E-waste Recycling Demand Share Forecast, 2019-2026
10. Middle East & Africa E-waste Recycling Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa E-waste Recycling Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa E-waste Recycling Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global E-waste Recycling Market: Market Share Analysis
  11.2. E-waste Recycling Distributors and Customers
  11.3. E-waste Recycling Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Veolia Environment SA
     11.4.2. Cleanaway
     11.4.3. Greentec
     11.4.4. E-Parisaraa Private Limited
     11.4.5. Great Lakes Corporation
     11.4.6. Attero Recycling Pvt. Ltd.
     11.4.7. Boliden AB
     11.4.8. Aurubis AG

The global e-waste recycling market has been segmented on the basis of

Sources
  • Industrial Electronics
  • Medical Equipment
  • IT & Telecom Equipment
  • Consumer Electronics
    • PCBs
    • IT Equipment
    • IT Accessories
    • Handheld Electronic Devices
  • Household Appliances
  • Others
    • Ceramics
    • Concrete
    • Plywood
    • Wood
    • Rubber
Materials
  • Glass
  • Plastics
  • Metals & Chemicals
  • and Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Veolia Environment SA
  • Cleanaway
  • Greentec
  • E-Parisaraa Private Limited
  • Great Lakes Corporation
  • Attero Recycling Pvt. Ltd.
  • Boliden AB
  • Aurubis AG
  • SIMS Limited
  • Electronic Recyclers International Inc.
  • Tetronics International Limited
  • Stena Technoworld AB
  • Enviro-Hub Holdings Ltd.
  • Quantum Lifecycle Partners
  • Umicore SA
  • TES-AMM

Key players competing in the e-waste recycling market include Veolia Environment SA; Cleanaway; Greentec; E-Parisaraa Private Limited; Great Lakes Corporation; Attero Recycling Pvt. Ltd.; Boliden AB; Aurubis AG; SIMS Limited; Electronic Recyclers International Inc.; Tetronics International Limited; Stena Technoworld AB; Enviro-Hub Holdings Ltd.; Quantum Lifecycle Partners; Umicore SA; and TES-AMM. Some of these players are using several market strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares, generate revenue, and raise their production line of the business in the coming years. For instance,

  • In November 2021, Aurubis AG is expanding its recycling business in metal-bearing products by establishing a plant in the United States.
  • In February 2021, With the acquisition of GEEP Costa Rica facilities, Quantum Lifecycle Partners expanded its reach across Latin America and the Caribbean, offering best-in-class reuse and recycling solutions to its growing customer base.
E-waste Recycling Market by Key Players

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FAQ Section

Some frequently asked quetions about this report!

The e-waste recycling market is projected to reach USD 99.7 billion by 2030.

The e-waste recycling market is projected to expand at a CAGR of around 16.2% during the forecast period, 2022 – 2030.

The e-waste recycling market size was valued at USD 25.8 billion in 2021.

Asia Pacific dominated the global market in 2021

Stena Technoworld AB; Enviro-Hub Holdings Ltd.; Quantum Lifecycle Partners; Umicore SA; and TES-AMM are some of the top players in the market.