The Global Precious Metal E-waste Recovery Market- Growth, COVID-19 impact and Forecast (2021-2025)
The Global Precious Metal E-waste Recovery market is segmented by Source (Household Appliances, It & Telecommunication, Consumer Electronics); Metal (Copper, Gold, Silver); Region (North America, Europe, APAC, ROW).
Introduction
Precious metals are used widely in various electronic applications due to their high conductivity, ability to carry low-ampere current, high sensitivity, and resistance to corrosion. E-waste is a particularly rich source of precious metals with concentrations 40 to 50 times higher than the naturally occurring deposits.
Increasing quantity of electronic wastes and growing environment-related concerns are key factors driving the market growth. However, lack of regulatory and recycling infrastructure and less number of e-waste collection centers are hampering the market demand.
Despite the current pandemic situation, the precious metal e-waste recovery producers are recovering their operations in full capacities from 2021 beginning. Along with this, the recovering industrial activities across the globe are expected to mitigate to numerous potential negative impacts caused during COVID-19 and maximize their opportunities in future.
Table of Contents
Executive Summary
Scope of the report
Research Methodology
Executive Summary
Introduction
5.1 Parent Market/ TAM
5.2 Market Outline
5.3 Market Segmentation
6. Five Force analysis
7. Market Sizing
8. Market segmentation
9. Geographical Landscape
9.1 APAC
9.2 Europe
9.3 North America
9.4 ROW
10. Growth drivers
10.1 Rising e-waste generation
10.2 Demand for precious metals as an investment tool
11. Key Market Trends
12. Impact of Covid-19
13. Challenges
14. Customer Insights analysis
15. Major Market Players
15.1 Johnson Matthey
15.2 Materion Corporation
15.3 Sims Limited
15.4 EnviroLeach Technologies
15.5 Umicore
15.6 Boliden
15.7 Hobi International
15.8 AET Environmental
15.9 Arch Enterprises
15.10 M&K Recovery Group
16. Recent Developments
17. Future Scope
18. Strategic Recommendations
Market Overview
The global precious metal e-waste recovery market is expected to grow to $12.70 billion by 2025.
Growth momentum is expected to accelerate during the forecast period with a 5.32% CAGR.
Based on Source, the household appliances segment is expected to led the market by 2025.
APAC is expected to grow at the highest CAGR during the forecast period due to increasing contribution from key countries like China, Japan, South Korea, Taiwan, and Malaysia
Key Trends
Low recycling activities of e-waste for precious metal recovery are anticipated to propel the demand for the market in the coming years.
Alternate methods for precious metal recovery from e-waste is expected to increase the market demand during the forecast period.
Key Market Players
Some of the key players in the market are Johnson Matthey, Sims Limited, EnviroLeach Technologies, Umicore, Materion Corporation, Boliden.
The industry participants are focusing on strategies such as expansions, acquisitions, and agreements to consolidate their position in the market.
Growth Drivers and Challenges
The rising demand from various end-user industries such as electrical and electronics, automotive, and rising e-waste generation drives the market demand.
Demand for precious metals as an investment tool is driving the market demand for the precious metal.