Electronic Waste Recycling Market is predicted to reach USD 94.2 billion at a CAGR of 13.40% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Electronic Waste Recycling Market”.

MRFR recognizes the following companies as the key players in the global Electronic Waste Recycling Market — Umicore SA (Belgium), Quantum Lifecycle Partners (Geep Inc.) (Canada), Enviro-Hub Holdings Ltd (Singapore), Stena Technoworld AB (Sweden), Tetronics International Limited (UK), Electronics Recyclers International Inc. (US), Sims Limited (US), Aurubis AG (Germany), Boliden AB (Sweden), Attero Recycling Pvt. Ltd (India), Great Lakes Electronics Corporation (US), E-Parisaraa Private Limited (India), Greentec (Canada), Cleanaway (Australia), and Veolia Environment SA (France).

Electronic Waste Recycling Market Highlights

The global Electronic Waste Recycling Market is accounted to register a CAGR of 13.40% during the forecast period and is estimated to reach USD 94.2 billion by 2032.

The Electronic Waste Recycling Market refers to the industry involved in the collection, processing, and reuse of electronic waste (e-waste) materials. E-waste consists of discarded electronic devices such as computers, laptops, smartphones, televisions, printers, and other electronic appliances that have reached the end of their useful life or are no longer in use. These devices often contain valuable and hazardous materials that need to be properly managed to minimize environmental impact and promote resource efficiency.

Segment Analysis

The global Electronic Waste Recycling Market has been segmented based Material and Source

Based on the material, the market has been segmented into metals and chemicals, plastics, glass, and others. The metals and chemical material segment hold the largest market share and is expected to retain its dominance throughout the projected period. This can be attributed to the presence of various metals in electronic devices. Metals are a good conductor of electricity and are used in electronic devices to maintain their functionality. Various types of metals and chemicals are used in electronic devices such as copper, silver, gold, steel, palladium, zinc, lead, and mercury due to their high conductivity, durability, and other properties. Copper and steel are the largest materials that can be recovered from electronic waste and have a good value in the market. The major stakeholders benefit from the high recovery rate of metals from electronic wastes compared to other materials. Recycled metals are also profitable as it reduces the cost of buying new raw material and reduce the harmful effect caused by them.

Based on the sources, the market has been segmented into household appliances, entertainment & consumer electronics, IT & telecommunication, medical equipment, and others. Household appliances have always been the major source of electronic wastes recycling for the past few years. This can be attributed to the significant sales of household devices across the globe. The increased disposable income coupled with the surge in affordability has driven its sales worldwide. Moreover, a considerable decline in the prices of household appliances also has boosted its sales and end-use penetration among the consumers.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Electronic Waste Recycling Market Research Report

Regional Analysis

The global Electronic Waste Recycling Market, based on region, has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Europe holds the largest market share in 2022. In sophisticated waste management systems in Europe, the majority of ICT trash is formally recycled and handled. As a result, garbage is collected and handled in a regulated manner, and any dangerous emissions are dealt with. Before incineration, as much as feasible is recycled, and the remainder is disposed of in supervised landfills. At formal recycling, any harmful emissions are controlled both throughout the recycling process and in the official landfill. However, Europe continues to export hazardous waste; around 10% of the ICT trash from the nations surveyed is exported. Western Europe's trash is mostly sent to Eastern Europe, West Africa, and Asia. In addition, Europe's regulated waste management systems address foreign trash, primarily from North America.

The WEEE Directive governs the bulk of e-waste in Europe. The European Union and Norway have adopted this rule. Similar laws exist in Iceland, Switzerland, and several Balkan nations, notably Serbia and Bosnia & Herzegovina. For all six types of e-waste, the WEEE Directive established collection, recycling, reuse, and recovery objectives. The European Union has a well-developed compliance e-waste management infrastructure that allows private operators to collect e-waste in shops and towns and recover recyclable components and dispose of residuals in a compliant and ecologically sound way. This is supported by the relatively long history of EU e-waste regulation, which dates back to early 2003.

Key Findings of the Study

• The global Electronic Waste Recycling Market is expected to reach USD 94.2 billion by 2032, at a CAGR of 13.40% during the forecast period.


• Europe holds the largest market share in 2022. In sophisticated waste management systems in Europe, the majority of ICT trash is formally recycled and handled. As a result, garbage is collected and handled in a regulated manner, and any dangerous emissions are dealt with.


• Based on the material, the market has been segmented into metals and chemicals, plastics, glass, and others. The metals and chemical material segment hold the largest market share and is expected to retain its dominance throughout the projected period. This can be attributed to the presence of various metals in electronic devices.


• Umicore SA (Belgium), Quantum Lifecycle Partners (Geep Inc.) (Canada), Enviro-Hub Holdings Ltd (Singapore), Stena Technoworld AB (Sweden), Tetronics International Limited (UK), Electronics Recyclers International Inc. (US), Sims Limited (US), Aurubis AG (Germany), Boliden AB (Sweden), Attero Recycling Pvt. Ltd (India), Great Lakes Electronics Corporation (US), E-Parisaraa Private Limited (India), Greentec (Canada), Cleanaway (Australia), and Veolia Environment SA (France).