Press release
Steady Expansion Forecast for E-scra*p Recycling Market, Projected to Reach $15.44 Billion by 2029
E-scra*p Recycling Market
E-scra*p Recycling Market Size Growth Forecast: What to Expect by 2025?
Over the past few years, the e-scra*p recycling market has seen significant growth. Its size is predicted to increase from $9.46 billion in 2024 to $10.39 billion in 2025, with a compound annual growth rate (CAGR) of 9.9%. The past growth trend can be linked to factors such as increasing volumes of e-waste, regulatory measures, concerns over resource scarcity, corporate goals for sustainability, and heightened consumer awareness.
How Will the E-scra*p Recycling Market Size Evolve and Grow by 2029?
In the forthcoming years, the market size of e-scra*p recycling is anticipated to witness swift expansion. The market is projected to augment to $15.44 billion in 2029, with a compound annual growth rate (CAGR) of 10.4%. Factors catering to the growth during the forecast period include the changing e-waste composition, governmental policies advocating for a circular economy, broader producer accountability, possibilities in urban mining, and international cooperation. The forecast period is expected to showcase trends such as upgrading in sorting technologies, advancements in technology, innovative recycling processes, urban mining, and global collaboration and alliances.
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What Drivers Are Propelling the Growth of E-scra*p Recycling Market Forward?
The increase in the use of electronic items is projected to drive the expansion of the e-scra*p recycling market. Any manufactured product, device, or component that contains an electronic circuit is considered an electronic product. Technological advancements have significantly boosted the demand for electronic devices, generating a large amount of electronic scra*p or e-waste. These can be recycled to decrease carbon emissions and improve environmental conditions. Typical electronic waste includes computer monitors, motherboards, mobile phones, and chargers, CDs, earphones, televisions, air conditioners, and refrigerators. For example, the Indian national investment promotion and facilitation agency, Invest India, reported that the global market for electronic gadgets was valued at $2.9 Tn in 2020. The Consumer Technology Association (CTA), a U.S. based trade and standard organization representing 1,376 firms in the U.S., anticipates the consumer technology sector exceeding $505 billion in retail sales revenue for the first time. This forecast represents a 2.8% increase in revenue from the significant 9.6% growth achieved in 2021 over 2020. Consequently, the e-scra*p recycling market is flourishing due to the escalating consumption of electronic goods.
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Which Emerging Trends Are Transforming the E-scra*p Recycling Market in 2025?
A leading trend that has been picking up pace in the e-scra*p recycling market is Technological Innovations. Main players in this sector are keen on designing new technological methods to solidify their stance. For instance, ANDRITZ, a technology group based in Austria which provides various industries with equipment, plants, systems, and services, introduced a shredding technology in September 2022 that encourages eco-friendly recycling of e-scra*p. Their newly designed ADuro G-1600S granulator includes extra wear protection for an extended lifespan. This machine is easy to maintain, reducing downtimes significantly, which leads to increased production. This granulator replaces the existing machine from a different supplier.
What Are the Key Segments in the E-scra*p Recycling Market?
The e-scra*p recycling market covered in this report is segmented -
1) By Product: IT And Telecom Equipment, Small Household Appliances, Large White Goods, Consumer Electronics, Other Products
2) By Processed Material: Metal, Glass, Plastic, Other Processed Materials
3) By Application: Dealing Materials, Recycling Materials
Subsegments:
1) By IT And Telecom Equipment: Computers And Laptops, Printers And Copiers, Telecommunications Devices
2) By Small Household Appliances: Kitchen Gadgets, Personal Care Devices, Small Cleaning Appliances
3) By Large White Goods: Refrigerators, Washing Machines, Air Conditioners
4) By Consumer Electronics: TVs And Monitors, Audio And Video Equipment, Gaming Consoles
5) By Other Products: Batteries, Cables And Wiring, Photovoltaic Panels
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Who Are the Key Players Shaping the E-scra*p Recycling Market's Competitive Landscape?
Major companies operating in the e-scra*p recycling market include TES-AMM Japan, DOWA Holdings Co. Ltd., Aurubis AG, Tetronics Holdings Ltd, Boliden AB, JX Nippon Mining & Metals Corporation, Sims Lifecycle Services Ltd, Umicore N.V., Stena Metall AB, Retronix Inc., Technology Conservation Group Inc., Sage Sustainable Electronics LLC, Enviro-Hub Holdings Ltd, Quantum Lifecycle Partners LP, Dynamic Recycling Inc., ERI LLC and Sims Metal Management Limited, Electronic Recyclers International Inc., Advanced Technology Recycling Inc., PowerHouse Recycling Inc., MBA Polymers Inc., Lifespan Technology Recycling Inc., E-Waste Harvesters Inc., Grand Metal Corporation, GreenChip Recycling LLC, RecycleForce, Ecoreco Limited, Global Electric Electronic Processing Inc., ECS Refining LLC, E-Parisaraa Pvt. Ltd., Secure Environmental Electronics Recycling Inc.
What Geographic Markets Are Powering Growth in the E-scra*p Recycling Market?
Europe was the largest region in the e-scra*p recycling market in 2024. The regions covered in the e-scra*p recycling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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