Global Electronic Recycling Market Size, Share, and Trends Analysis Report, By Material (Metals, Plastics, and Other Materials) and By Equipment Type (Consumer Electronics, IT & Telecom, and Other Equipment Types), Forecast (2022-2028)

The global electronic recycling market is anticipated to grow at a significant CAGR of 7.8% during the forecast period (2022-2028). Consumers have been encouraged to purchase the latest electronic gadgets due to rapid technological improvement and increased user interference capacity of electronic products. In recent years, this has resulted in a massive increase in the amount of electronic garbage (e-waste).

 

The electronic recycling market is being driven by the rising purchasing power of consumers, shorter product life cycles, growing public concern about the hazardous effects of electronic waste, and favorable government policies for e-waste management. Third-party certification in e-waste management is gaining popularity in industrialized nations as a new market opportunity in the electronic recycling market. Dell, HP, and Cisco have joined StEP (Solving the E-waste Problem), a global initiative aimed at improving electronic waste disposal methods. In the next years, this is likely to increase the amount of e-waste managed.

 

Recycling e-waste is becoming more popular around the globe as a way to protect human and environmental health, owing to the extensive environmental pollution caused by e-waste. In addition, artificial intelligence (AI) in e-waste recycling has opened up new market opportunities. AI is used to scan waste material with cameras and analyze them using deep learning algorithms. AI can tell the difference between goods made of different materials as well as subtle differences between items made of the same substance. Thus, smart recycling and waste management are expected to fuel the growth of the market during the forecast period.

 

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Material
  • By Equipment Type
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Aurubis AG,Boliden Group, Cerebra Integrated Technologies Ltd., Clean Earth, and Dlubak Glass Co., among others.

 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

 

Global Electronic Recycling Market Report by Segment

By Material

• Metals
• Plastics
• Other Materials

By Equipment Type

• Consumer Electronics
• IT & Telecom
• Other Equipment Types

Global Electronic Recycling Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa