Electronic Waste Recycling Market

The Electronic Waste Recycling market is projected to grow from USD 48.41 billion in 2024 to USD 66.33 billion by 2029, at a CAGR of 6.5% during the forecast period.

Electronic waste recycling, or e-waste recycling, refers to the process of collecting, disassembling, and processing discarded electronic devices to recover valuable materials while minimizing the environmental impact. The recycling process begins with the collection of e-waste from various sources, followed by sorting and dismantling to extract metals (such as gold, silver, and copper), plastics, and glass. These materials are then processed for reuse in manufacturing new products, contributing to a circular economy. E-waste recycling plays a crucial role in preventing hazardous substances from contaminating the environment, thereby promoting responsible disposal practices and resource recovery.

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The major players active in the electronic waste recycling market are based in Asia Pacific, North America, and Europe region. Dell Inc. (US), Umicore SA (Belgium), Quantum Lifecycle Partners (Canada), Enviro-Hub Holdings Ltd. (Singapore), Kuusakoski Oy (Finland), Stena Metall AB (Sweden), Call2Recycle Inc., (US), Aurubis AG (Germany), E-Parisara Pvt. Ltd. (India), ERI (US), Boliden Group (Sweden), Attero Recycling Pvt. Ltd. (India), Veolia (France), and SIMS Ltd. (Australia) are among the leading players operating in electronic waste recycling market. Developing recycling process to meet the regulatory framework, that is constantly changed by the governments in the region. companies are actively involved in engaging various growth oriented strategies, including contracts, partnerships, mergers and acquisitions and new technology development. By engaging in these organic and inorganic growth strategies, these companies are working to solidify their market presence in the electronic waste recycling market.

Umicore (Belgium)

Umicore is a prominent global materials technology and recycling group. The company specializes in the circular materials technology, emphasizing upon material science, metallurgy, and chemistry. It operates through three major reportable segments, namely, Catalysis, Energy & Surface Technologies, and Recycling. Umicore provides electronic waste recycling services through the Recycling segment.

Umicore caters to a broad range of customers located in 99 countries across the world. The company has established local presence in the Asia Pacific, Europe, North America, South America, and South Africa. It has 44 different production sites, 15 research & development sites, and 34 other sites that carry out sales and marketing operations.

Enviro-Hub Holdings Ltd. (Singapore)

Enviro-Hub Holdings Ltd., is a Singapore based recycler business operating in various sectors. They are involved in recycling and recovery of electronic waste, piling and regulatory compliance management, plastic and glass recycling. The company operates through four major business segments namely, Recycling, Healthcare, Property, and Construction, and offers electronic waste recycling waste services under the Recycling segment. Enviro Hub-Holdings Ltd. caters to the electronic waste recycling market through two of its subsidiaries, Cimelia Resource PTE Ltd. and HLS Environmental PTE Ltd.

Enviro-Hub operates in various countries of North America, Latin America, and Asia Pacific. The geographical diversity enables the company to tap into multiple markets for its services, particularly in electronic waste recycling and environmental management solutions.

Kuusakoski Oy (Finland)

Kuusakoski Oy is a prominent recycling company based in Finland It is recognized as Europe’s leading electronic recycling service provider. The company operates under two main business segments, namely, Recycling and Foundries and provides electronic waste recycling services under the Recycling business segment. Kuusakoski is also known to further sell recycled raw materials that the company extracts from electronic waste such as aluminum fractions, precious metals (gold, silver, and platinum), ferrous scrap, stainless steel scrap, and non-ferrous metal scrap (copper, brass, bronze, and lead).

Kuusakoski Oy has operations in 54 locations across North America, Europe, and Asia Pacific. The company globally produces over 10,000 tons of copper and precious metal containing secondary raw materials for refineries.

Related Reports:

Electronic Waste Recycling Market by Source (Household Appliances, Consumer Electronics, IT & Telecommunication, Mobile Computing Devices), Materials (Glass, Metal, Plastics), Technology, and Region - Global Forecast to 2029

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