Press release
Prominent Precious Metals E-Waste Recovery Market Trend for 2025: Adoption Of Innovative Recovery Techniques In Precious Metal E-Waste Industry
precious metals E waste recovery
The burgeoning use of consumer electronics and home appliances worldwide is a pivotal driver propelling the growth of the precious metals e-waste recovery market. Precious metals including gold, silver, platinum, and palladium are incorporated in electrical and electronic gadgets due to their attributes such as flexibility, robust corrosion resistance, high-level conduciveness, and more. The global use of consumer electronics and home appliances is surging on account of the advent of technologically advanced devices, growth in disposable income, and dropping prices of consumer electronic gadgets. For example, in April 2023, data from the Japan Electronics and Information Technology, overseen by the Ministry of Economy, Trade and Industry, a Japan-based government body, estimated that the production volume of consumer electronic equipment hit 129,442 million yen in 2023, signifying a 107.9% surge when compared to the prior year. Therefore, the escalating use of consumer electronics and home appliances fuels the precious metals e-waste recovery market.
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What growth opportunities are expected to drive the precious metals e-waste recovery market's CAGR through 2034?
There has been a robust growth in the e-waste recovery market for precious metals in the last few years. The market size is predicted to expand from $10.7 billion in 2024 to $11.25 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.1%. The growth experienced in the historic period can be credited to factors such as accelerated urbanization, rapid expansion in the automobile industry, swift technological advancements, and strong economic evolution in emerging markets.
In the coming years, the market size for e-waste recovery of precious metals is anticipated to witness significant growth. It is projected to reach $14.63 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.8%. This surge during the predicted period is due to enhanced plant efficiency, expansion of aerospace sector, an escalating automotive market, and increased infrastructure investments. The predominant trends during this forecast period are poised to include advances in plant efficiency, rising growth in the aerospace industry, an expanding automotive sector, and an increase in infrastructure investments.
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What new trends are reshaping the precious metals e-waste recovery market and its opportunities?
Emerging trends towards cutting-edge methods in the recovery of precious metals is becoming increasingly prevalent within the precious metal e-waste recovery sector. The firms involved in this market are putting emphasis on pioneering practices to attain a higher efficiency in precious metal retrieval from electronic waste. New Zealand's clean tech enterprise, Mint Innovations, exemplifies this by using microbes and economical chemicals to retrieve precious metals from e-waste, a process which traditionally requires high temperatures and extreme conditions, thus showing the effectiveness of these microbes.
Which growth-oriented segments of the precious metals e-waste recovery market are leading the industry's development?
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
Subsegments:
1) By Gold: Recovery From Circuit Boards, Recovery From Connectors and Pins, Recovery From Hard Drives
2) By Copper: Recovery From Wiring And Cables, Recovery From Circuit Boards, Recovery From Electrical Components
3) By Silver: Recovery From Circuit Boards, Recovery From Solder, Recovery From Photovoltaic Panels
4) By Other Types: Palladium Recovery, Platinum Recovery, Rare Earth Metals Recovery, Recovery Of Other Valuable Metals
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What regions are leading the charge in the precious metals e-waste recovery market?
Asia-Pacific was the largest region in the precious metals e-waste recovery market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the precious metals e-waste recovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the precious metals e-waste recovery market?
Major companies operating in the precious metals e-waste recovery market include 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, Frontier Diamonds Ltd, Kareevlei Mining (Pty) Ltd, Petra Diamonds Ltd, Southstone Minerals Ltd, Trans Hex Groep Ltd
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What Is Covered In The Precious Metals E-Waste Recovery Global Market Report?
• Market Size Forecast: Examine the precious metals e-waste recovery market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the precious metals e-waste recovery market for a structured understanding.
• Key Players Overview: Analyze major players in the precious metals e-waste recovery market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the precious metals e-waste recovery market.
• Segment Contributions: Evaluate how different segments drive overall growth in the precious metals e-waste recovery market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the precious metals e-waste recovery market.
• Industry Challenges: Identify potential risks and obstacles affecting the precious metals e-waste recovery market.
• Competitive Landscape: Review strategic developments in the precious metals e-waste recovery market, including expansions, agreements, and new product launches.
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