Electronic Recycling Market Growth Forecast to 2030: Trends, Drivers & Challenges

📢 GLOBAL ELECTRONIC RECYCLING MARKET TO REACH USD 86.71 BILLION BY 2030

Electronic Recycling Market Set for Significant Growth, Forecasting a 12.7% CAGR from 2023 to 2030

Summary:

The global electronic recycling market, valued at USD 37.55 billion in 2023, is projected to reach USD 86.71 billion by 2030, growing at a CAGR of 12.7%. Driven by stringent environmental regulations, rising e-waste volumes, and advancements in recycling technologies, the industry is entering a phase of rapid expansion. The report highlights key market dynamics, segmentation, competitive landscape, and strategic insights for investors and industry leaders.

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A) Market Size

In 2023, the global electronic recycling market reached a valuation of USD 37.55 billion. With increasing global awareness of e-waste hazards and the economic potential of material recovery, the market is projected to grow at a CAGR of 12.7%, culminating in a forecasted market size of USD 86.71 billion by 2030.

B) Scope and Research Methodology

This market analysis offers a detailed breakdown based on material types, sources, end-use industries, and geographic regions. The research employs a combination of primary and secondary data sources, expert interviews, and data analytics tools. Comprehensive evaluations were conducted using SWOT analysis and Porter’s Five Forces to ensure a 360-degree understanding of the competitive dynamics and market potential.

C) Report Coverage

• Material Types: Metals, Plastics, Glass, Others (Rubber, Ceramics, etc.)

• Sources: Household Appliances, IT & Telecom Equipment, Consumer Electronics, Others

• End-Use Industries: Electronics Manufacturing, Automotive, Healthcare, Energy, Construction, Consumer Goods, Others

• Regions: North America, Europe, Asia Pacific, Middle East & Africa, Latin America

D) Overview

The electronic recycling industry is undergoing a major transformation. E-waste generation is growing exponentially, with billions of devices reaching end-of-life yearly. These discarded electronics contain valuable resources like gold, silver, copper, and rare earth elements. With sustainability now a global mandate, organizations are increasing their recycling efforts and embracing the circular economy model. Government regulations are also playing a key role in encouraging responsible disposal and recycling practices.

E) Dynamics

Key Drivers:

• Rising global awareness around environmental degradation caused by e-waste.

• Favorable government policies and recycling mandates.

• Technological innovation in dismantling and sorting methods.

• Economic incentives due to the value of recovered materials.

Challenges:

• High operational costs of advanced recycling facilities.

• Inadequate recycling infrastructure in developing countries.

• Limited public awareness in certain regions.

Opportunities:

• Rapid urbanization and digitization in emerging economies.

• Growing demand for refurbished electronics.

• Expansion of B2B recycling partnerships and service models.

F) Segmentation

By Material Type:

• Metals

• Glass

• Plastics

• Others (Ceramics, Rubber, etc.)

By Source:

• Household Appliances

• IT and Telecommunications Equipment

• Consumer Electronics

• Others

By End-Use Industry:

• Electronics Manufacturing

• Automotive

• Healthcare

• Energy

• Construction

• Consumer Goods

• Others

G) Key Players Include

North America:

• AERC Recycling Solutions

• Eco-Tech Environmental Services Inc.

• Fortune Plastic & Metal Inc.

• MBA Polymers Inc.

• URT Solutions

• Zak Enterprises

• Good Point Recycling

• Universal Recyclers Technologies

Europe:

• CRT Recycling Ltd.

• Aurubis AG

• Umicore

Asia Pacific:

• Cimelia Resource Recovery Pte Ltd

• Sims Metal Management Limited

• Enviro-Hub Holdings Ltd

H) Reasons to Buy

• Gain valuable insight into the evolving electronic recycling landscape.

• Identify high-growth segments and market entry opportunities.

• Understand regional market trends, threats, and demand drivers.

• Leverage in-depth company profiles and competitive benchmarking.

• Support strategic planning with accurate market forecasts and trend analysis.

I) Table of Contents

1. Executive Summary

2. Market Introduction

3. Research Methodology

4. Market Dynamics

5. Market Segmentation

6. Regional Insights

7. Competitive Landscape

8. Company Profiles

9. Key Findings & Strategic Recommendations

10. Appendix

About Us

Maximize Market Research is a leading business consultancy and market research firm dedicated to delivering actionable insights across global industries. With a robust team of analysts, we cover a diverse range of sectors including electronics, technology, healthcare, automotive, and more. We specialize in market intelligence, competitive analysis, feasibility studies, and customized consulting services to empower businesses worldwide.

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