Skip to main content

E-scrap recyclers potential for ‘huge profits’

The worldwide electronic scrap recycling market will be worth over US$ 34 billion (EUR 30 billion) by 2022, according to research firm Transparency Market Research.

The global e-scrap industry was valued at US$ 11 billion in 2014 and the market analysts expect a compound annual growth rate of 15.7% from 2015 to 2022. Precious metals recycling is projected to increase 11.2% in this period.

Europe remains the biggest market. Growth in European counties will mostly be driven by strict government regulations and the likely ‘huge profits’ generated through the recovery of precious metals from electronic scrap.

Around 20-50 million tonnes of e-scrap are generated every year globally, so states the UN Environment Programme. Volumes are said to be increasing three times faster than other types of municipal wastes. Expanding markets and product innovation such as the switch from analogue to digital technologies primarily is fuelling this.

Large white goods account for the largest volume share of around 50% of the overall electronic scrap generated worldwide. However, sales of small home appliances are likely to see the fastest growth.

Would you like to share any interesting developments or article ideas with us? Don't hesitate to contact us.

You might find this interesting too

SciAps helping to put the first woman on the Moon
R&D solution: new hope for multi-layer materials

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €136 (normal rate is €170) Subscribe
Share your shear stories and win a GoPro!

It’s safe to say that scrap shears are the pillars of the recycling industry. But which configurations are the future? Take part in our tech survey and get a shot at winning a cool GoPro camera!

Thousands of scrap shears are driving recycling businesses all over the world. When it comes to different types, an operator may opt for maximum tonnage or flexibility, such as a mobile set-up. An integrated baling system is also gaining popularity. Ultimately, there is no wrong or right shear; it comes down to how you’re going to use it.

Our survey is meant to map the wants and needs of today’s dynamic recycling industry. Voice your opinion here and, who knows, you may be able to capture your recycling facility in action in HD.

TAKE SURVEY!