Press release
Precious Metals E-Waste Recovery Global Market Size, Share Report, Growth, Analysis, Key Players, Revenue, Future Trends, Forecast 2033
"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company presents an extensive market research report on the Precious Metals E-Waste Recovery Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The precious metals e-waste recovery market size has grown strongly in recent years. It will grow from $10.24 billion in 2023 to $10.8 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to increased urbanization, the rapid growth in the automotive industry, rapid technological advances and the strong economic growth in emerging markets.
The precious metals e-waste recovery market size is expected to see strong growth in the next few years. It will grow to $13.67 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to improvements in plant efficiency, the increasing growth of the aerospace sector, the growing automotive market and the growing investment in infrastructure. Major trends in the forecast period include improvements in plant efficiency, the increasing growth of the aerospace sector, the growing automotive market and the growing investment in infrastructure.
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Key Market Players:
Major companies operating in the precious metals e-waste recovery market report are Heraeus Holding, Umicore, Boliden Group, Johnson Matthey, Dowa Holdings, Sims Limited, Materion Corporation, TES-AMM Pet Ltd, Sabin Metal Corporation, Metallix, EnviroLeach Technologies Inc., Arch Enterprises, Inc, Closed Loop Environmental Alliance Network Inc., Akademi Cevre, Proses Makina Company, Electrocycling GmbH, EMP Recycling UAB, Global Electronics Recycling, Sollau s.r.o., BIRLIK RECYCLING, Greentec, Electronic Recycling Association, Ontario Electronic Stewardship, Shift Recycling, Ecycle Solutions, Gannon & Scott, Specialty Metals Smelters & Refiners, Pecém, Boston Metal, Aluminum International, Rajhi Steel, Maaden Company, Eid Metal Industries Co, Alexkor Soc Ltd, De Beers Consolidated Mines (Pty) Ltd, Dmi Minerals South Africa (Pty) Ltd, Frontier Diamonds Ltd, Kareevlei Mining (Pty) Ltd, Petra Diamonds Ltd, Southstone Minerals Ltd, Trans Hex Groep Ltd
Market Drivers:
The rising utilization of consumer electronics and home appliances across the globe is the key driver for the growth of the precious metals e-waste recovery market. Precious metals such as gold, silver, platinum, and palladium are used in electrical and electronic devices for their properties such as malleability, high corrosion resistance, high conduciveness, and others. The utilization of consumer electronics and home appliances across the globe is rising due to the introduction of technologically advanced devices, increasing disposable income, and decreasing prices of consumer electronic devices. For instance, the global electrical and electronics market size is expected to grow from $3,077.0 billion in 2021 to $4145.3 billion by 2026. The usage of electrical and electronic devices increases the quantum of e-waste globally, thus driving the demand for precious metals in e-waste recovery.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/precious-metals-e-waste-recovery-global-market-report
The precious metals e-waste recovery market covered in this report is segmented -
1) By Type: Gold, Copper, Silver, Other Types
2) By Source: Home Appliances, Consumer Electronics, IT And Telecommunication Equipment, Other Sources
3) By Application: Trashed, Recycled
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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