E-Scrap Recycling Market Report 2025

The e-scrap recycling market size has grown strongly in recent years. It will grow from $9.46 billion in 2024 to $10.39 billion in 2025 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to rising e-waste volumes, regulatory initiatives, resource scarcity concerns, corporate sustainability goals, consumer awareness.

The e-scrap recycling market size is expected to see rapid growth in the next few years. It will grow to $15.44 billion in 2029 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to evolving e-waste composition, government circular economy policies, extended producer responsibility (EPR), urban mining opportunities, global collaboration. Major trends in the forecast period include advancements in sorting technologies, technological advancements, technological innovations in recycling processes, urban mining, global collaboration and partnerships.

The rising adoption of electronic products is anticipated to drive the growth of the e-scrap recycling market in the coming years. Electronic products include a wide range of devices, from consumer gadgets like smartphones and laptops to larger items such as household appliances, industrial equipment, and medical devices. This increase in electronic product adoption is fueled by technological advancements, affordability, convenience, and the rising demand for connectivity and digitalization in various aspects of life. E-scrap contains valuable metals such as gold, silver, palladium, and copper, which can be recovered and repurposed in new electronic products. For example, in February 2024, the Japan Electronics and Information Technology Industries Association, a Japan-based trade organization, reported that consumer electronic product production reached $201.91 million (¥31,685 million), up from $149.27 million (¥23,425 million) in January 2023. Consequently, the growing adoption of electronic products is propelling the growth of the e-scrap recycling market.

The anticipated growth in the production of e-scrap is expected to drive the expansion of the e-scrap recycling market in the future. E-scrap, which stands for electronic scrap, encompasses discarded or outdated electronic devices and equipment. The continuous rise in the global production and consumption of electronic devices contributes to an increased volume of electronic waste (e-waste), creating a demand for efficient recycling solutions. For example, as reported by TheRoundup, a US-based environmental awareness organization in October 2023, the global generation of e-waste in 2022 reached 59.4 million metric tons, reflecting an increase from the 57.4 million metric tons generated in 2021. Consequently, the escalating production of e-scrap is a key factor propelling the growth of the e-scrap recycling market.

The e-scrap recycling market is witnessing a growing popularity of technological advancements as a key trend. Major companies engaged in the e-scrap recycling market are dedicated to the development of innovative technological solutions to enhance their market position. For example, in September 2022, ANDRITZ, a technology group based in Austria that offers plants, systems, equipment, and services across various industries, introduced a shredder technology aimed at facilitating the sustainable recycling of e-scrap. The newly launched ADuro G-1600S granulator comes equipped with enhanced wear protection for an extended lifetime. This machine is designed for easy maintenance, minimizing downtimes and thereby achieving increased production efficiency. The granulator serves as a replacement for the existing machine supplied by another vendor.

Major companies in the market are concentrating on integrated platforms to enhance the recovery of valuable materials from e-waste. These platforms optimize the recycling process by merging sorting, dismantling, and extraction technologies, facilitating the efficient separation of precious metals, rare earth elements, and other reusable components. For instance, in July 2024, Attero, an Indian e-waste recycling firm, introduced an integrated e-waste Consumer Take-Back platform named Selsmart. This platform aims to revolutionize the e-waste recycling landscape and address India's escalating e-waste crisis, which is projected to reach 14 million tons by 2030. Selsmart enables consumers to make environmentally and financially responsible choices from the comfort of their homes.

In February 2022, Quantum Lifecycle Partners LP, a Canadian I.T. asset disposition (ITAD) and electronics recycling service provider, completed the acquisition of TechReset for an undisclosed sum. With this strategic move, Quantum aims to enhance its overall value proposition, contributing to a more sustainable future by expanding its capabilities in the reuse and recycling of electronics, coupled with an increase in end-user asset sales. This acquisition is anticipated to strengthen Quantum's standing in the Canadian ITAD sector, laying the foundation for accelerated growth. TechReset, the acquired company, is based in Canada and specializes in the secure disposal of e-waste and computer recycling.

Major companies operating in the e-scrap recycling market include TES-AMM Japan, DOWA Holdings Co. Ltd., Aurubis AG, Tetronics Holdings Ltd, Boliden AB, JX Nippon Mining & Metals Corporation, Sims Lifecycle Services Ltd, Umicore N.V., Stena Metall AB, Retronix Inc., Technology Conservation Group Inc., Sage Sustainable Electronics LLC, Enviro-Hub Holdings Ltd, Quantum Lifecycle Partners LP, Dynamic Recycling Inc., ERI LLC and Sims Metal Management Limited, Electronic Recyclers International Inc., Advanced Technology Recycling Inc., PowerHouse Recycling Inc., MBA Polymers Inc., Lifespan Technology Recycling Inc., E-Waste Harvesters Inc., Grand Metal Corporation, GreenChip Recycling LLC, RecycleForce, Ecoreco Limited, Global Electric Electronic Processing Inc., ECS Refining LLC, E-Parisaraa Pvt. Ltd., Secure Environmental Electronics Recycling Inc.

Europe was the largest region in the e-scrap recycling market in 2024. The regions covered in the e-scrap recycling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the e-scrap recycling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

E-scrap recycling involves the reprocessing and reuse of electronic waste. This process aims to recover materials from electronic waste so that they can be utilized in the production of new electronic products.

E-scrap recycling encompasses various products, including IT and telecom equipment, small household appliances, large white goods, consumer electronics, and other items. IT and telecom equipment refer to computer hardware, software, servers, ancillary equipment, telephones, and other telecommunications products. This category also includes office products such as photocopiers and fax machines, as well as any technology or equipment used in the creation, conversion, or duplication of data or information. The processed materials resulting from e-scrap recycling include metals, glass, plastics, and others, which find applications in various sectors such as construction materials and recycled materials.

The e-scrap recycling market research report is one of a series of new reports that provides e-scrap recycling market statistics, including e-scrap recycling industry global market size, regional shares, competitors with e-scrap recycling market share, detailed e-scrap recycling market segments, market trends, and opportunities, and any further data you may need to thrive in the e-scrap recycling industry. This e-scrap recycling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The e-scrap recycling market includes revenues earned by entities by recycling various e-scrap and recover the resources (e.g., electric cookers and radios). E-scrap is short for electronic waste and it is the trash generated from broken, obsolete, and the surplus electronic devices. E-scrap recycling helps recover valuable materials from the electronic products that are either old or no longer used. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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