E-Scrap Recycling Market: Pin-Point Analyses Of Market Competition Dynamics To Offer You A Competitive Edge 2019 - 2027

E-Scrap Recycling Market: Introduction

Transparency Market Research delivers key insights on the global e-scrap (electronic scrap) recycling market. In terms of revenue, the global e-scrap recycling market is estimated to expand at a CAGR of ~7% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the global e-scrap recycling market report.

In this market report, TMR predicts that, the increased use of electronic products such as laptops, computers, mobile phones, television sets, and other electrical and electronic household appliances is anticipated to drive the e-scrap recycling market. Additionally, the recycling of e-scrap for the recovery of various metals is important from the point of saving energy. 

Most e-waste is expected to be generated in urban areas, and it is particularly important to properly manage this e-waste properly, improve collection and recycling rates, and reduce the amount of e-waste that ends up in dumpsites. The move toward smart cities and the use of information & communication technology for waste management offers new and exciting opportunities. In addition, the untapped areas of the Middle East & Africa and South America also provide opportunities for new players to enter the electronic scrap recycling business.

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Valuable materials have become a major source of income for buyers. This has resulted in the tracking of trans-boundary movement of e-scrap. The rising demand for smart consumer electronic devices is another key trend in the growth of the e-scrap recycling market. Electronic and electrical equipment with advanced technology have limited service life. This has simultaneously increased the supply of electronic and electrical equipment, resulting in growth of the e-scrap recycling market

E-Scrap Recycling Market: Key Segments

According to the report, large white goods such as refrigerators & freezers, washing machines, and dishwashers dominated the electronic scrap recycling market in 2018. The increasing use of refrigerators and freezers, washing machines, dishwashers, and many other consumer electronic goods has resulted in increased recycling of large white goods. 

In terms of processed material, metals is a dominant segment, and the segment is anticipated to expand during the forecast period, owing to the rising demand for metals in the overall electric and electronic products manufacturing sector. Plastic, on the other hand, is gradually gaining market share, owing to its extensive application in consumer electronic products. A wide range of plastic resins such as acrylonitrile butadiene styrene (ABS), high impact polystyrene (HIPS), and expanded polystyrene (EPS) is widely used in various consumer electronic products. Plastic recycling is anticipated to increase considerably in the next couple of years due to its increasing usage.