Electronics Recycling Market: By Source of E-Waste, Material Type, Processing Type, and Geography and Forecast to 2030
Electronics Recycling Market was valued at US$ 42,134.2 million in 2023 and is projected to grow at a CAGR of 12.9% from 2024 to 2030. The global electronics recycling market is projected for significant growth due to the ever-increasing generation of electronic waste (e-waste) and growing environmental concerns along with environmental, economic, and technological factors. As reliance on electronics continues to climb, so does the generation of electronic waste (e-waste), creating a pressing need for responsible and sustainable management solutions. The primary driver is the ever-increasing volume of e-waste generated globally. The rapid obsolescence of electronic devices, coupled with an insatiable appetite for the latest gadgets, leads to a constant stream of discarded electronics. Factors like shorter product lifespans, design trends towards thinner and lighter devices, and the increasing adoption of mobile technology contribute significantly to this e-waste mountain. In addition, growing environmental awareness regarding the harmful effects of improper e-waste disposal is driving the market towards responsible recycling practices. E-waste contains hazardous materials like lead, mercury, and flame retardants, which can leach into the environment if not handled properly. Moreover, the extraction of raw materials for new electronics depletes natural resources. Recycling e-waste helps recover valuable materials like metals, plastics, and rare earth elements, reducing our reliance on virgin resources and promoting a circular economy. Furthermore, consumers are becoming increasingly aware of the environmental impact of e-waste and are demanding responsible options for discarding their old electronics. This growing awareness fosters a sense of producer responsibility, pushing manufacturers to design more sustainable products and take back programs for end-of-life electronics. However, informal recycling in developing countries often involves hazardous and environmentally harmful practices. Addressing these practices through education, infrastructure development, and stricter regulations is crucial.
Recent Market Developments:
Study Period
2024-2030Base Year
2023CAGR
12.9%Largest Market
Asia-PacificFastest Growing Market
North America
Advancements in recycling technologies are making e-waste processing more efficient and cost-effective. These advancements include Improved sorting and separation techniques, Hydrometallurgy and pyrometallurgy, and Urban mining. Utilizing robotics and automation allows for better separation of different materials within e-waste, maximizing resource recovery. Also, the hydrometallurgy and pyrometallurgy refined techniques allow for the efficient extraction of valuable metals from e-waste. In addition, E-waste is increasingly viewed as a valuable source of urban ore, and new technologies are being developed to extract valuable materials with minimal environmental impact which boosts the market. Moreover, governments around the world are implementing stricter regulations to promote responsible e-waste management. Legislation like the European Union's Waste Electrical and Electronic Equipment (WEEE) Directive sets ambitious targets for e-waste collection and recycling, creating a market demand for compliant recycling facilities. These regulations often hold manufacturers accountable for the end-of-life management of their products, pushing them to design products that are easier to disassemble and recycle which in turn helps in market expansion.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 42,134.2 million |
Market CAGR |
12.9% |
By Source of E-Waste |
|
By Material Type |
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By Processing Type |
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By Region |
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The electronics recycling market size was valued at US$ 42,134.2 million in 2023
The major players in the global electronics recycling market are Aurubis AG, Boliden Group, Cerebra Integrated Technologies Ltd., Clean Earth, Inc., Enviro-Hub Holdings Ltd., Fortune Group, Good Point Recycling, MBA Polymers, Inc., Sims Metal Management Limited, Stena Technoworld AB, Umicore N.V., URT and Zak Enterprises
The electronics recycling market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
1. Executive Summary |
2. Global Electronics Recycling Market Introduction |
2.1.Global Electronics Recycling Market - Taxonomy |
2.2.Global Electronics Recycling Market - Definitions |
2.2.1.Source of E-Waste |
2.2.2.Material Type |
2.2.3.Processing Type |
2.2.4.Region |
3. Global Electronics Recycling Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Electronics Recycling Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Electronics Recycling Market By Source of E-Waste, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Household Appliances |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Consumer Electronics |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Medical Equipment |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Industrial Equipment |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Information Technology & Telecommunication Equipment |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Global Electronics Recycling Market By Material Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Glass |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Metals |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Plastics |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Chemicals |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Electronics Recycling Market By Processing Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Formal Recycling |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Informal Recycling |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
8. Global Electronics Recycling Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9. North America Electronics Recycling Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Source of E-Waste Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Household Appliances |
9.1.2.Consumer Electronics |
9.1.3.Medical Equipment |
9.1.4.Industrial Equipment |
9.1.5.Information Technology & Telecommunication Equipment |
9.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Glass |
9.2.2.Metals |
9.2.3.Plastics |
9.2.4.Chemicals |
9.3. Processing Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Formal Recycling |
9.3.2.Informal Recycling |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10. Europe Electronics Recycling Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Source of E-Waste Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Household Appliances |
10.1.2.Consumer Electronics |
10.1.3.Medical Equipment |
10.1.4.Industrial Equipment |
10.1.5.Information Technology & Telecommunication Equipment |
10.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Glass |
10.2.2.Metals |
10.2.3.Plastics |
10.2.4.Chemicals |
10.3. Processing Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Formal Recycling |
10.3.2.Informal Recycling |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
10.4.6.Rest of EU |
11. Asia Pacific (APAC) Electronics Recycling Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Source of E-Waste Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Household Appliances |
11.1.2.Consumer Electronics |
11.1.3.Medical Equipment |
11.1.4.Industrial Equipment |
11.1.5.Information Technology & Telecommunication Equipment |
11.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Glass |
11.2.2.Metals |
11.2.3.Plastics |
11.2.4.Chemicals |
11.3. Processing Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Formal Recycling |
11.3.2.Informal Recycling |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12. Middle East and Africa (MEA) Electronics Recycling Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Source of E-Waste Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Household Appliances |
12.1.2.Consumer Electronics |
12.1.3.Medical Equipment |
12.1.4.Industrial Equipment |
12.1.5.Information Technology & Telecommunication Equipment |
12.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Glass |
12.2.2.Metals |
12.2.3.Plastics |
12.2.4.Chemicals |
12.3. Processing Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Formal Recycling |
12.3.2.Informal Recycling |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13. Latin America Electronics Recycling Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Source of E-Waste Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Household Appliances |
13.1.2.Consumer Electronics |
13.1.3.Medical Equipment |
13.1.4.Industrial Equipment |
13.1.5.Information Technology & Telecommunication Equipment |
13.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Glass |
13.2.2.Metals |
13.2.3.Plastics |
13.2.4.Chemicals |
13.3. Processing Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Formal Recycling |
13.3.2.Informal Recycling |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Aurubis AG |
14.2.2.Boliden Group |
14.2.3.Cerebra Integrated Technologies Ltd. |
14.2.4.Clean Earth, Inc. |
14.2.5.Dlubak Glass Company |
14.2.6.Enviro-Hub Holdings Ltd. |
14.2.7.Exitcom Recycling GmbH |
14.2.8.Good Point Recycling |
14.2.9.MBA Polymers, Inc. |
14.2.10.Sims Metal Management Limited |
14.2.11.Stena Technoworld AB |
14.2.12.The Fortune Group |
14.2.13.Ultromex Limited |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players