Global Precious Metals E-Waste Recovery Market

Global Precious Metals E-Waste Recovery Market Size, Trends, and Analysis - Forecasts To 2026 By Metal (Copper, Silver, Gold, Others), By Source (Household Applications, Consumer Electronics, IT & Telecommunication, Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis

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Precious Metals E-Waste Recovery Market: Insights

Precious metals are commonly used in electronic applications, such as cellular phone PCBs, device motherboards, and connectors, because of their high conductivity, corrosion resistance, low-ampere current carrying power, and high sensitivity. E-waste is an especially great source of precious metals with a concentration 40 to 50 times greater than that of natural deposits. One important market driver in the coming years is the rising amount of electronic waste and growing environmental concerns. The demand for electronic devices across a wide range of applications, including protection, food supply, education, health, communication, and medicine, leads to e-waste generation. Furthermore, rising electronic and electrical equipment consumption and growing e-waste generation is expected to dominate the global e-waste recovery market for precious metals.

Precious Metals E-Waste Recovery Market

Precious Metals E-Waste Recovery Market: By Metal

The copper segment is predicted to grow at a fast compound annual growth rate in terms of volume and value during the forecast timeframe. It is mainly due to the manufacturing of electronic devices and the manufacture of industrial machinery and transport vehicles coupled with the use of copper in the construction, power generation, and transmission of buildings, which are anticipated to accelerate copper consumption over the estimated timeframe.

Precious Metals E-Waste Recovery Market: By Source

It is anticipated that home appliances will retain the largest market share as well as expand at a high CAGR rate during the expected timeframe. It is primarily due to the urban development, high population, and growing disposable income to create lucrative possibilities for electronic home appliances that are expected during the forthcoming years. Electrical and electromechanical devices are household appliances that facilitate home-making and household functions such as cooking, food preservation, and cleaning.

Precious Metals E-Waste Recovery Market

Precious Metals E-Waste Recovery Market: By Region

In terms of sales, the European region holds the leading market position for the coming years. The region's demand for precious metals e-waste recovery was driven by factors that led to the market growth due to growing demand for consumer electronic items and increasing demand from automotive and electronics companies. Furthermore, the Asia-Pacific region will demonstrate a significant CAGR rate over the predicted timeframe. It is due to the growing availability of raw materials and cheap labor is one of the important factors driving demand growth. Moreover, increasing facilities in the area for electronic and automotive companies that consume precious metals for better conductivity and to reduce pollution are some of the key drivers driving the growth of the regional market.

Precious Metals E-Waste Recovery Market: Share & Competitor Analysis

Enviroleach Technologies Inc., Boliden Ab, Tanaka Precious Metals, Heraeus Holding Gmbh, Dowa Holdings Co., Ltd., Tes-Amm Pte. Ltd., Sims Limited, All Green Recycling Inc., Johnson Matthey Plc, Metallix Refining Inc., Ecr World Inc., and Materion Corporation, among others are the prime producers that compete in the market.

Please note: This is not an exhaustive list of companies profiled in the report.

In October 2020, EnviroLeach Technologies Inc. has officially introduced a 100 MT per month waste printed circuit board feedstock deal with an unidentified European supplier.

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The Global Precious Metals E-Waste Recovery Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Precious Metals E-Waste Recovery Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Precious Metals E-Waste Recovery Market.

Precious Metals E-Waste Recovery Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Precious Metals E-Waste Recovery Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Precious Metals E-Waste Recovery Market

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