E-scrap recycling ensures safe recycling of electronic devices such as smartphones, laptops, computers, television sets and other household electronic devices. E-waste recycling is also used to recover various significant metals. An intelligence report titled, “E-Scrap Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository.
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Digitization and increased use of electronic products is the primary force that drives global e-recycling market. Metal recovery through recycling reduces burden on mining ores to produce primary metals along with serving as source of income for buyers. Global E-scrap recycling market is growing exponentially with growth in demand for consumer electronic devices and electronic products.
Global E-scrap recycling market is witnessing rapid development and is expected to grow with ?7% CAGR during the forecast period 2019-2027. Metal content in the E-scraps are projected to generate highest revenue that may value ?US$17.6Bn by the end of forecast period.
Large white goods boost market
Large white goods that include refrigerators, dish washers, washing machines and freezers dominated the global market in 2018. The increased consumption of these goods is forecasted to increase the E-scrap recycling activities. Plastics are also acquiring market share owing to their increasing applications in consumer electronic products.
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Europe dominates global E-scrap recycling market. Asia Pacific comes next and its dominance can be attributed to presence of strong e-scrap recycling market in its prominent electrical and electronic products industry. India and China are the major regions that drive Asia-Pacific’s market growth. Presence of major stake holders also gives upper hand to Asia Pacific.
Major key players profiled in global E-scrap recycling market include JX Nippon Mining and Metal Corporation, STENA METALL AB, Electronic Recyclers International, Ecoreco Ltd., Sims Metal Management, Enviro-Hub Holdings and ITRenew.
Global E-scrap recycling market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Global E-scrap recycling market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Global E-scrap recycling market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on global E-scrap recycling market.
An insightful and deep-dive assessment of the competitive assessment of the Global E-scrap recycling market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Global E-scrap recycling market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Global E-scrap recycling market: Research Methodology
Primary sources and secondary sources propel intelligence report on Global E-scrap recycling market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.
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