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Electronic Waste Recycling Market Analysis Report 2023-2027:

The electronic waste recycling market size is estimated to grow at a CAGR of 15.67% between 2022 and 2027. The market size is forecast to increase by USD 16,004.9 million. The growth of the market depends on several factors, such as stringent government regulations for e-waste management, an increase in industrial activities globally, and a growing focus on the adoption of circular economy initiatives.

This report extensively covers market segmentation by material (metals and chemicals, plastic, and glass), source (household appliances, entertainment, consumer electronics, IT and telecom, medical equipment, and others), and geography ( Europe, APAC, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges.

What will be the size of the E-waste Recycling Market During the Forecast Period?

E-waste Recycling Market Forecast 2023-2027

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E-waste Recycling Market Dynamics

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.

Driver - Increase in industrial activities globally

There has been an increase in demand for consumer electronics and automobiles across the world due to the increase in consumer spending. Additionally, there has been significant growth in the automotive sector in Southeast Asia due to the rise in manufacturing and production activities over the years.

Thus, the increase in demand from consumers has fuelled the production and sales of consumer electronics. As a result, it has led to the generation of more e-waste. Thus there is an increase in demand for e-waste management across end-user industries which is positively impacting the electronic waste recycling market. Hence, such factors are expected to drive market growth during the forecast period.

Trends - Programs and conferences leading to collaborations

In order to improve e-waste recycling, several associations and private organizations across the world are arranging various programs and conferences. For example, in October 2021, Swiss Vault, a consortium for Zero Waste Data storage systems, carried out a program in support of the European Commission's GHG program. The team leveraged nanosensor technology to design data storage hardware in order to enhance the recycling and recovery of valuable metals and materials.

Additionally, in April 2023, SERI announced its partnership with the 2023 E-Waste World Conference. The institute offers its expertise to facilitate the shift from a traditional e-waste recycling agenda to a whole-lifecycle approach to avoid waste generation. Thus, such developments are positively impacting the electronic waste recycling market. Hence, such factors are expected to drive market growth during the forecast period.

Challenge - Lack of awareness about proper methods of e-waste segregation

There are serious health risks that can be caused due to improper waste disposal. For instance, the utilization of processes like open-air burning and acid baths to recover valuable materials from electronic components makes workers prone to harmful substances. Additionally, there are also increasing chances of toxic materials leaching into the groundwater.

Thus, such kinds of practices can make workers vulnerable to high levels of contaminants, including lead, mercury, cadmium, and arsenic, resulting in irreversible health effects, such as cancer, miscarriages, neurological damage, and retarded development in children. Thus, it is expected to negatively impact the e-waste recycling market. Hence, such factors are expected to hinder market growth during the forecast period.

E-waste Recycling Market Segmentation by Material, Source, and Geography

Material Segment Analysis:

The metals and chemicals segment is estimated to witness significant growth during the forecast period. Factors such as the increasing need to recover different metals and chemical materials during the e-waste recycling process are significantly contributing to the growth of this segment. Some of the types of toxic metals and chemicals which are in e-waste include lead, cadmium, mercury, and nickel, and organic compounds, such as flame retardants, chlorofluorocarbons, polycyclic aromatic hydrocarbons, polybrominated diphenyl ethers, polychlorinated dibenzo-p-dioxins, and furans.

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The metals and chemicals segment was the largest segment and was valued at USD 2,763.03 million i

The global e-waste management market was valued at 58.86 billion U.S. dollars in 202w. It is forecast that the market will reach a value of more than 137 billion U.S. dollars by 2029, registering a CAGR of 12.9 percent during the forecast period 2023 to 2029. Electronic waste is the fastest growing waste stream on the planet. It consists of everyday electronic equipment, such as televisions, mobile phones, cameras, kitchen appliances, and temperature exchange equipment.

• Report Overview
• Driving Factors
• Restraining Factors
• Growth Opportunities
• Latest Trends
• By Processed Material Analysis
• By Source Analysis
• By Application Analysis
• E-Waste Management System Key Market Segments
• Regional Analysis
• Market Share & Key Players Analysis:
• Report Scope:

Report Overview

The Global E-waste management system Market size is expected to be worth around USD 160.2 Billion by 2032 from USD 52.6 Billion in 2022, growing at a CAGR of 12.10% during the forecast period from 2023 to 2032.

The E-waste management system is a process of collecting, processing, transporting, and disposing of electronic waste in an eco-friendly manner. With rapid technological advancements, the generated electronic waste volume has increased significantly across the globe in the past years. In addition, the improper disposal of these wastes can result in various health and environmental hazards. Read More

Presence of various types of household electronic waste (eWaste) and disposal methods used in previous 12 months.

A current listing of NYS Registered Electronic Waste Recycling Facilities. Electronic waste types accepted vary from facility to facility.

China is the largest producer of electronic waste worldwide, generating more than 10 million metric tons worth in 2019. This was followed by the United States where roughly seven million metric tons was produced. Global electronic waste generation amounted to approximately 54 million metric tons in 2019 and is expected to increase further in the coming years.

What is electronic waste?

Electronic waste is often referred to as e-waste, and is the fastest growing waste stream worldwide. E-waste consists of electronic equipment that has reached the end of its useful life. It includes a wide variety of products used in everyday life such as old phones, televisions, fridges, and air conditioners. The most common type of e-waste is small equipment as microwaves, electric kettles, and cameras.

E-waste disposal

Due to electronic products often containing harmful components, proper disposal of e-waste is imperative. However, it is often not collected for recycling or un-documented. Many developed countries export e-waste to developing nations where it is often improperly disposed of causing major environmental hazards. But it is not just environmental reasons for proper disposal. E-waste contains valuable resources such as gold, silver, and platinum. It is projected that billions of dollars’ worth of these valuable metals are discarded every year.

The volume of electronic waste generated worldwide in 2019 was roughly 54 million metric tons. Several factors such as increased spending power and the availability of electronics has fueled e-waste generation in recent decades, making it the fastest growing waste stream worldwide. This trend is expected to continue, with projections showing that by 2030, annual e-waste generation worldwide will have increased by approximately 30 percent.

How much e-waste do people produce?

Globally, e-waste generation per capita averages roughly seven kilograms a year. However, this differs greatly depending on the region. Although Asia produces the most e-waste worldwide, people in wealthier countries typically produce more e-waste per capita than those in developing countries. For example, per capita e-waste generation in Europe is more than 16 kilograms a year, while in Asia it is five kilograms. In Africa it is even lower at just 2.5 kilograms per person, per year.

E-waste disposal

Currently, the global share of documented, collected, and recycled e-waste is just 20 percent. Instead, large volumes often end up in landfill sites. Due to the hazardous materials that are often used in electronics, e-waste is a growing environmental concern worldwide.

Sustainable management of electronic waste is critical to achieving a circular-economy and minimizing environment and public health risks. The objective of this study was to investigate the use of pyrolysis as a possible technique to recover valuable materials and energy from different components of e-waste as an alternative approach for limiting their disposal to landfills. The study includes investigating the potential impact of thermal processing of e-waste.Thermogravimetric (TG) analysis and differential thermogravimetric analysis (DTG) of e-waste components were used to better understand the mass loss characteristics of the pyrolysis process up to 700 oC. The changes in e-waste chemical components during pyrolysis were considered using Fourier-transform infrared (FTIR) spectrometry and X-ray fluorescence (XRF) techniques. The energy recovery from pyrolysis was made in a horizontal tube furnace under anoxic and isothermal condition of selected temperatures of 300, 400 and 500 oC. Critical and valuable metals were recovered from electronic components. Pyrolysis produced liquid and gas mixtures organic compounds that can be used as fuels, but the process also emitted particulate matter and semi-volatile organic products, and the remaining ash contained leachable pollutants. Furthermore, toxicity leaching characteristic profile of e-waste and partly oxidized products were conducted to measure the levels of pollutants leached before and after pyrolysis at selected temperatures. The results of this study contribute to the development of alternative approaches to practical recycling that could especially help reduce plastic pollution and recover materials of value from e-waste. Additionally, this information may be used to assess the risk of exposure of workers to emissions semi-formal recycling centers. This dataset is associated with the following publication: Sahle-Demessie, E., B. Mezgebe, J. Dietrich, Y. Shan, S. Harmon, and C.C. Lee. Material recovery from electronic waste using pyrolysis: Emissions measurements and risk assessment. Journal of Environmental Chemical Engineering. Elsevier B.V., Amsterdam, NETHERLANDS, 9(1): 104943, (2021).

The global e-waste management market size was estimated at 44.7 million metric tons in 2016. It is projected to register a CAGR of 4.1% from 2017 to 2025. With rapid urbanization and industrialization in developing as well as developed economies, adoption of novel technologies is gaining momentum

E-Waste Recycling And Reuse Service Market size was valued at USD 1737.6 Million in 2023 and is projected to reach USD 2845.58 Million by 2030, growing at a CAGR of 7.2% during the forecast period 2024-2030.

Global E-Waste Recycling And Reuse Service Market Drivers
The market drivers for the E-Waste Recycling And Reuse Service Market can be influenced by various factors. These may include:

Growing Environmental Concerns: The need for e-waste recycling and reuse services is being driven by growing awareness of the harmful effects that electronic waste has on the environment.

Government Regulations: Tight laws and policies implemented by governments across the globe to reduce electronic waste and encourage environmentally friendly activities are driving the market for e-waste recycling and reuse services.

Technological Advancements: By improving the efficiency and economy of e-waste recycling and reuse, new technologies and techniques are propelling the market’s expansion.

Growing Need for Electronic Devices: As a result of shorter product lifecycles and the proliferation of electronic devices, a substantial amount of e-waste is being produced, which calls for the need for recycling and reuse services.

Corporate Social Responsibility (CSR): The need for e-waste recycling and reuse services is being driven by organizations’ growing emphasis on CSR programs, which include the appropriate disposal and recycling of electronic trash.

Economic Incentives: The industry is expanding as a result of governments and organizations providing financial aid and subsidies for e-waste recycling and reuse projects.

Resource Scarcity: In order to recover valuable materials and lessen dependency on virgin resources, e-waste recycling and reuse services are becoming more and more popular as a result of the depletion of natural resources utilized in the production of electronics.

Public Education and Awareness: Raising public knowledge of the value of recycling and reusing e-waste to save resources and cut down on pollution is encouraging market growth.

Initiatives for a Circular Economy: The market for e-waste recycling and reuse services is expanding as a result of the growing acceptance of circular economy concepts, which reduce waste production and increase resource efficiency.

Strategic Collaborations and Partnerships: By combining resources and experience, recycling companies, technology companies, and electronics manufacturers are forming partnerships to produce effective recycling and reuse solutions, which are propelling market growth.

Market Overview:

The global e-waste recycling market is projected to grow from USD XX million in 2022 to USD XX million by 2030, at a CAGR of 7.28%. The growth of the market can be attributed to the increasing awareness about environmental protection, growing demand for recycled materials, and stringent government regulations on E-waste Disposal. The global e-waste recycling market is segmented by type, application, and region. By type, the market is divided into ICT equipment, home appliances, and other types. The ICT equipment segment is expected to grow at the highest CAGR during the forecast period. By application, the market is classified into the refrigerator, TV set air conditioner washing machine. The refrigerator segment accounted for the largest share of the global e-waste recycling market in 2017.

Product Definition:

E-waste recycling is the process of recovering valuable materials from end-of-life electronics products and diverting them from landfills. The e-waste recycling market covers a wide range of products, including computers, tablets, smartphones, TVs, printers, and more. There are many benefits associated with e-waste recycling, such as reducing environmental pollution, conserving natural resources, and creating new jobs. In addition, recycling e-waste can also help to recover valuable materials that can be used in the manufacturing of new products.

Infocomm Technology (ICT) equipment:

Infocomm Technology (ICT) equipment is a leading category of e-waste. ICT devices include computers, servers, storage devices, Networking Equipment, and other consumer electronics such as smartphones and tablets. Proper recycling of ICT equipment helps to recover valuable metals such as gold, silver, and copper. In addition, recycling ICT equipment reduces the environmental impact of e-waste.

Home appliances:

Home appliances are electronic devices that are used for household purposes. The home appliance includes products such as air conditioners, refrigerators, and washing machines among others. These appliances contain a high amount of copper and other metals which can be recycled through the e-waste recycling process.

Application Insights:

The TV set was the largest application segment in the global e-waste recycling market and accounted for over 30% of total market volume in 2014. The growth of this segment is attributed to the rising demand for electronic products such as smartphones, tablets, and laptops among other gadgets among the youth population globally. Moreover, the rapid expansion of the retail sector due to the rise in consumer spending on luxury goods is expected to drive the demand for old TV sets which can be recycled easily. The refrigerator was another prominent segment accounting for close to 20% share of total volume in 2014 owing to its wide usage across households globally and high recyclability compared to other appliances. Rapid urbanization along with increasing disposable income has led people to opt for smaller household appliances that can be disposed of off more conveniently thereby driving the growth over the next few years.

Regional Analysis:

Asia Pacific region dominated the global market in terms of revenue share in 2020, accounting for 37.1% of the total market. The growth is attributed to increasing disposable income and rapid urbanization across emerging economies such as China, India, Indonesia, and Thailand among others. Furthermore, growing awareness regarding e-waste recycling coupled with government initiatives is expected to drive demand over the forecast period.

Growth Factors:

• Increasing awareness about the benefits of e-waste recycling: There is a growing awareness among people about the benefits of e-waste recycling. This is driving the growth of the e-waste recycling market.
• Government initiatives and regulations for e-waste management: Governments across countries are implementing stringent regulations for the proper management and disposal of electronic waste. This is aiding in the growth of the e-waste recycling market.
• The rise in the number of electronics manufacturers: The number of electronics manufacturers is increasing rapidly, which is increasing the production of electronic waste globally. This is propelling demand for efficient and effective e-waste recycling solutions, thereby fuelling the market growth.

Report Scope

This base line study was launched to determine the problem on the amount of e-waste that has been generated with some self induced due to lack of quality control at point of entry. The objective of the report is to determine the existing status of electrical and electronic waste in Kiribati in identifying the source, the flow and the quantities of e-waste generated with a view to have a better insight understanding of this in the country.

Some data form the general proyect "Recycling of e-waste using green technologies"

Experimental data of e-waste: 2018 - 2019

Zeta potential data from the non-metallic fraction and the feed at different pHs with and without collectors. Contact Angle Hysteresis with different collectors in the Feed and the non-metallic fraction X-Ray Diffraction test from feed, Non-metallic fraction and metallic fraction from PCBs. ATR FTIR data from feed, Non-metallic fraction and metallic fraction from PCBs.

Electronic Waste Management Market size & share estimated to surpass USD 121.49 billion by 2032, to grow at a CAGR of 9.60% during the forecast period

Owners : United Nations Environment Programme (UNEP) and United Nations Statistics Division (UNSD)Source URL : https://wesr.unep.org/ More information on the indicator can be accessed at: United Nations' SDG Indicators Metadata repositoryPartners : United Nations Statistics Division (UNSD); United Nations University (UNU) for e-wasteSponsors : Inter-agency and Expert Group on SDG Indicators (IAEG-SDGs)Original MetadataSub-Layers:Electronic Waste Recycling (Tonnes) (EN_EWT_RCYR_FS)Electronic Waste Recycling (Kg) (EN_EWT_RCYR_FS)Electronic Waste Recycling (Percentage)(EN_EWT_RCYR_FS)

The Vietnam electronic waste market size is expected to grow at a CAGR of 3.20% during the forecast period of 2024-2032, owing to the fast development and sales of electronic devices.

In the fourth quarter of 2023, approximately 114,000 metric tons of household waste electrical and electronic equipment (WEEE) were collected in the United Kingdom. On average, more than 110,000 metric tons of household electronic waste is collected each quarter. The UK is one of the biggest producers of e-waste in the world.

Types of e-waste

WEEE, often referred to as e-waste, consists of electronic products that are discarded at the end of their useful life. Types of e-waste include phones, computers, and light bulbs, as well as large household appliances such as fridges, microwaves, and washing machines, which make up the largest volume of collected e-waste in the United Kingdom.

E-Waste a growing problem

E-waste is one of the fastest growing waste streams in the world, and there are health concerns over the way it is disposed of. Large amounts are exported to developing countries. With a lack of proper waste management, electronics are often burnt, resulting in the likely contamination of soil, water, and food.

Snapshot img { margin: 10px !important; } About E-Waste E-Waste or Electronic Waste broadly describes loosely discarded, surplus, broken, obsolete, electrical and electronic devices. E-Waste is an area of immediate and long term concern as its unregulated accumulation and recycling can lead to major environmental degradation which will pose a major threat to human health. Revolution of IT, new and innovative technologies and globalization of economy have made new electronic products available and affordable. But on the other hand, it has also led to unrestrained resource consumption and E-Waste generation. Developed countries such as US as well as developing countries such as India face the problem of E-Waste. Rapid growth of technology, up gradation of technical innovations and high Obsolescence rate have led to one of the fastest growing waste streams consisting of old electrical and electronic equipment products. E-Waste comprises of whole range of electronic and electrical items such as computers and printers, mobiles, i-pods, refrigerators, washing machines etc. Minimization of waste, development of cleaner products, environmentally sustainable recycling and disposal of waste, e-waste policy initiatives and adoption of scientific methods of recycling and disposal of E-Waste are the mains issues which need to be addressed to mitigate the effects of E-Waste. TechNavio's analysts forecast the E-Waste Market in India market to grow at a CAGR of 26.22 percent over the period 2014-2019.Covered in this Report TechNavio's report, the E-Waste Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the E-Waste Market in India forecast and its growth prospects in the coming years. The report also includes the segmentation on the basis of Disposal Technique and Waste Generation. The report also includes a discussion of the key vendors operating in this market. The report covers the segmentation as described below: Key Vendors • Attero Recycling Pvt. Ltd. • Earth Sense Recycle • Ecoreco • SIMS Recycling SolutionsOther Prominent Vendors • A2Z E-Waste Management Ltd. • Ramky E-Waste Recycling • E-Coli Waste Management Ltd. • E-Parisara Pvt. Ltd. • Unique Echo Recycle • Greenscape Eco Management Pvt. Ltd. • Greentek Raman Pvt. Ltd. • Intarvo Formulae Recyclers Services Pvt. • TIC Group India Pvt. Ltd. • E-Waste Recyclers India • Bharat Oil and Waste Management Ltd.Market Driver • High Obsolescence rate • For a full, detailed list, view our report.Market Challenge • Tackling the growing negative effects of e-waste • For a full, detailed list, view our report.Market Trend • Recognition of the Need to Prevent Biological Hazards • For a full, detailed list, view our report.Key Questions Answered in this Report • What will the market size be in 2019 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?

India E-Waste Management Market is projected to reach USD 5,198.52 million by 2032, growing at a CAGR of 13.52% from 2024-2032.