The global e-scrap market was valued at 43.7 million tons in 2015 and is expected to reach 79 million tons by 2024, expanding at a CAGR of 5.6% from 2018 to 2024.
The global printed circuit board (PCB) e-scrap market was valued at 1.46 million tons in 2015 and is expected to reach 3.14 million tons by 2024, expanding at a CAGR of 7.3% from 2018 to 2024. The global market for e-scrap is driven by increased use of electronic products and shorter product lifecycle. Also, conversation of energy and resources and economic advantages of e-waste recycling and stringent regulations governing the collection and processing of e-waste is expected to increase demand for e-scrap recycling. However, focus on recycling unprocessed e-waste and geographical opportunities for recycling companies is anticipated to present several growth opportunities over the forecast period. In terms of volume, Asia Pacific was the largest regional market for e-scrap market, accounting for around 39.8% of volume share and 39.3% of value share in 2015. Moreover, the region is expected to dominate the e-scrap market throughout the forecast period. The Asia Pacific e-scrap market is primarily driven by high production from household appliances.
Moreover, increasing IT industry results into high adoption of IT equipments which subsequently increases the e-scrap generation in this region. The e-scrap market in North America is projected to show moderate growth during the forecast period. The U.S. is projected to emerge as the most attractive regional market for e-scrap market during the forecast period. Moreover, the rising adoption of automation equipment in IT and manufacturing application is one of the key trends that is boosting the generation of e-scrap in the region. In 2015, Europe held the second-largest volume share for e-scrap. The e-scrap market in Europe is growing rapidly and is expected to maintain its growth due to growth in manufacturing industry and demand for electronic equipment from households in this region. Moreover, the e-scrap market in Latin America and Middle East and Africa is anticipated to witness sustainable growth in the near future. The major factor fuelling the market growth is the rising adoption of electronic equipments and mobile phones in countries such as Saudi Arabia, the UAE, Israel, and Turkey. Supply demand scenario have been provided highlighting the supply demand scenario of e-scrap and PCB e-scrap for major countries in the global e-scrap and printed circuit board (PCB) e-scrap market.
The report includes the above-mentioned information for countries such as - The U.S., Canada, the U.K., Italy, Spain, France, Germany, Belgium, The Netherlands, Russia, Japan, China, India, Indonesia, Thailand, Philippines, Singapore, Malaysia, Australasia, Saudi Arabia, UAE, Kuwait, Qatar, South Africa, and Brazil.
By Geography
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
