Middle East and Africa E-Scrap Recycling Market

The e-scrap recycling market in the MEA is expected to grow from US$ 27.39 million in 2021 to US$ 63.95 million by 2028; it is estimated to grow at a CAGR of 12.9% from 2021 to 2028.

Recycling involves separating materials, molecules, or chemical constituents from electronic waste to sell it as a raw material in a suitable form for the creation of new products. To separate the materials, devices and components must be dismantled, sorted, ground, and incinerated, followed by subjecting them to apt chemical treatments. Electronic waste comes in a wide variety of forms and is frequently mixed with other types of waste. As a result, the waste to be processed differs from one electronic device to another. Through sorting, the chemical complexity and unpredictability of the mixture are handled. The process can be performed at the following levels: device (type, generation, etc.), module (printed circuits, batteries, external envelopes, frames, etc.), electronic component (cables, resistances, capacities, chips, bare boards, etc.), or powder. New technology, such as microscopic piping, is currently being employed to improve mineral extraction. The pipe in a microfluidic device is less than a millimeter in diameter. Moreover, the recycling companies can continuously, automatically, and swiftly examine diverse combinations of characteristics by integrating analysis methods (X-rays, infrared, and sensors). This would simplify the recycling process and help them increase the volume of recycling, which would ultimately drive the e-scrap recycling market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA e-scrap recycling market in the coming years. The market is expected to grow at a good CAGR during the forecast period.

MEA E-Scrap Recycling Market Revenue and Forecast to 2028 (US$ Million)

                                     

MEA E-Scrap Recycling Market Segmentation

The MEA e-scrap recycling market is segmented based on product type, processed material and country. Based on product type, the market is segmented into IT & telecom equipment, small household appliances, large white goods, consumer electronics, and others. The large white goods segment dominated the market in 2020 and consumer electronics segment is expected to be the fastest growing during the forecast period. Based on processed material, the market is segmented into metal, glass, plastic, and others. The metal segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on country, the MEA e-scrap recycling market is segmented into South Africa and the rest of MEA. DOWA HOLDINGS CO., LTD; Electronic Recyclers International, Inc; JX Nippon Mining & Metals Corporation; Sims Metal Management Ltd; Stena Metall Ab; Tetronics; and Umicore are among the leading companies in the market. 

Middle East and Africa E-Scrap Recycling Strategic Insights

Strategic insights for the Middle East and Africa E-Scrap Recycling provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East and Africa E-Scrap Recycling Report Scope

Middle East and Africa E-Scrap Recycling Regional Insights

The geographic scope of the Middle East and Africa E-Scrap Recycling refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.