Electronic Recycling Market is expected to grow at a CAGR of 12.5% during the forecast period and market is expected to reach US$ 83.40 Bn. by 2029.
Electronic Recycling Market Overview
The research includes in depth analysis on a global and regional Electronic Recycling markets and also gives a thorough analysis of the market’s long term prospects. A description of key competitors as well as the most successful marketing tactics, contributions and current trends and market backdrops are all included in the report.
Market data in the report is organised in areas like innovation, administration, and applications across topographies in MMR research. The research includes the high end analysis of important market sectors and opportunities and threats and risks is included in the MMR research.
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Market Scope
The report focuses on the crucial key drivers of the Electronic Recycling market as well as the current competitive benchmarking and development prospects. For the competitive analysis the report includes the profile of the key market players in the Electronic Recycling market including company overview, financial performances, portfolios and marketing strategies. Uses of methodologies were done while researching the Electronic Recycling market such as SWOT, PESTLE, PORTER’s five forces to understand the strengths, weakness, opportunities and known and unknown risks and threats. It also comprises of the qualitative and quantitative data for research of the Electronic Recycling market.
Market Dynamics
Most electronic devices have a consistently decreasing average life span. Fast e-waste generation is primarily caused by the rapid obsolescence of electronic devices, which is fueling the expansion of the global electronic recycling market. Additionally, the market is receiving a significant boost from rising consumer awareness of the advantages of recycling combined with growing environmental conservation concerns. The market is also being driven by other factors, such as rising government support and initiatives, rising OEM and non-profit initiatives, and rising awareness of collection methods.
Market Segmentation
In terms of equipment types processed, computers dominated the recycled equipment market in 2021 and will continue to hold that position going forward. the shortening of the average computer lifecycle as a result of microchip development. According to the source of the equipment, the commercial sector also contributed the most to the recycling market. This is a result of infrastructure improvements in developing economies.
Global Electronic Recycling Market, by Type of Processed Material:
• Copper
• Steel
• Plastic resins
o Polycarbonate
o Acrylonitrile butadiene styrene (ABS)
o Acrylonitrile butadiene styrene (ABS)
o High impact polystyrene (HIPS)
o Polystyrene
o Others
• Others (zinc, tin, nickel, lead, aluminum, gold, silver, so on)
Global Electronic Recycling Market, by Type of Equipment Processed:
• Computers
• Telecom
• Industrial
• Consumer
• Others
Global Electronic Recycling Market, by Source of Equipment:
• Consumers/residential
• Manufacturers/Industry users
• Government agencies
• Schools/universities
• Commercial
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Key Players
• AERC Recycling Solutions
• American Retroworks Inc.
• A2Z Group
• Dlubak Glass Company
• CRT Recycling Ltd.
• Eco-Tech Environmental Services Inc.
• Fortune Plastic & Metal Inc.
• Sims Metal Management Limited
• MBA Polymers Inc.
• URT Solutions
• Aurubis AG
• Cimelia Resource Recovery Pte Ltd
• Sims Metal Management Limited
• Zak Enterprises
• Enviro-Hub Holdings Ltd
• Good Point Recycling
• Umicore
• CIMELIA Resource Recovery
• Ecomation Oy
• RecycloBekia
• Universal Recyclers Technologies
• CRT Recycling Ltd.,
Regional Analysis
The report includes division of the Electronic Recycling market segments into different regions and their significant growth during the forecast period. The Electronic Recycling market report includes the geographic condition of the market and revenue as well as in depth research of the business network structure and new updates of market.
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Key Questions answered in the Electronic Recycling Market Report are:
Key offerings:
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Electronic Recycling Market , Electronic Recycling Market Growth , Electronic Recycling Market Trends
Mar 06, 2023