North America E-Scrap Recycling Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (IT & Telecom Equipment, Small Household Appliances, Large White Goods, Consumer Electronics, and Others) and Processed Material (Metal, Glass, Plastic, and Others)
The e-scrap recycling market in North America is expected to grow from US$ 504.91 million in 2021 to US$ 1,479.93 million by 2028; it is estimated to grow at a CAGR of 16.6% from 2021 to 2028.
An expected life cycle of any electronic product is the duration entailing its introduction, maturity in demand, and disposal or recycling phases. These products reach the recycling stage due to the end of their functional life, upgrades in associated technologies, and changes in consumer demands. With technological innovations, new products with updated features and additional service back-up replace the products enabled with older technologies, which results in the generation of massive e-waste volumes. Mobile devices, televisions, and computer devices are among the fast-growing electronic segments that undergo frequent upgrades. There is a continuous increase in the sales of these electronics owing to a surge in purchasing power with the rise in disposable income of people. The life expectancy of these gadgets has been lowered to ~3–4 years; as a result, the volume of e-waste produced is rapidly increasing, compelling e-waste recycling industry players to establish an accessible e-waste collection and processing network. The continued sale of electronic items, particularly in emerging markets, will present a lucrative environment for e-waste management in the coming years. In addition, the household appliance manufacturers are also introducing newer models to attract customers. The new product launches are leading to scrap the existing household appliances, which is benefitting the e-scrap recycling market players. This is again catalyzing e-scrap recycling market. Further, as the technological advancements are taking place rapidly across the globe, the manufacturers of consumer electronics or household appliances with limited lifecycle. This helps the manufacturers enable the customers to upgrade their technologies over a time period, resulting in increase in volume of electronic scrapyard, which is ultimately driving 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 North America e-scrap recycling market in the coming years. The market is expected to grow at a good CAGR during the forecast period.
North America E-Scrap Recycling Market Revenue and Forecast to 2028 (US$ Million)
Get more information on this report :
North America E-Scrap Recycling Market Segmentation
The North America e-scrap recycling market is segmented on the basis of 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. However, the market for the IT & telecom equipment segment is expected to grow at the highest rate during the forecast period. Based on processed material, the North America e-scrap recycling market is segmented into metal, glass, plastic, and others. The metal segment dominated the market in 2020. Also, the market for the same segment is expected to grow at the highest rate during the forecast period. Based on country, the North America e-scrap recycling market is segmented into the US, Canada, and Mexico. DOWA HOLDINGS CO., LTD; Electronic Recyclers International, Inc; Enviro-Hub Holdings Ltd; JX Nippon Mining & Metals Corporation; Quantum Lifecycle Partners; Sims Metal Management Ltd; Stena Metall Ab; Tetronics; and Umicore are among the leading companies in the market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America E-Scrap Recycling Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
5. North America E-Scrap Recycling Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Burgeoning Electronic Devices and Reduction in Product Lifecycle
5.1.2 Scarcity of Precious Metals
5.2 Key Market Restraints
5.2.1 Complexity and Toxicity Associated with Process
5.3 Key Market Opportunities
5.3.1 Pressing Need of E-Waste Recycling in Several Countries
5.4 Future Trends
5.4.1 Technological Advancements in E-Scrap Recycling Services
5.5 Impact Analysis of Drivers and Restraints
6. E-Scrap Recycling Market – North America Analysis
6.1 Overview
6.2 North America E-Scrap Recycling Market Forecast and Analysis
7. North America E-Scrap Recycling Market Analysis – By Product Type
7.1 Overview
7.2 North America E-Scrap Recycling Market, By Product Type (2020 and 2028)
7.3 IT & Telecom Equipment
7.3.1 Overview
7.3.2 IT & Telecom Equipment: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Small Household Appliances
7.4.1 Overview
7.4.2 Small Household Appliances: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Large White Goods
7.5.1 Overview
7.5.2 Large White Goods: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Consumer Electronics
7.6.1 Overview
7.6.2 Consumer Electronics: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
8. North America E-Scrap Recycling Market Analysis – By Processed Material
8.1 Overview
8.2 North America E-Scrap Recycling Market, By Processed Material (2020 and 2028)
8.3 Metal
8.3.1 Overview
8.3.2 Metal: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Glass
8.4.1 Overview
8.4.2 Glass: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Plastic
8.5.1 Overview
8.5.2 Plastic: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
9. North America E-Scrap Recycling Market – Country Analysis
9.1 Overview
9.1.1 North America: E-Scrap Recycling Market, by Key Country
9.1.1.1 US: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: E-Scrap Recycling Market, by Product Type
9.1.1.1.2 US: E-Scrap Recycling Market, by Processed Material
9.1.1.2 Canada: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: E-Scrap Recycling Market, by Product Type
9.1.1.2.2 Canada: E-Scrap Recycling Market, by Processed Material
9.1.1.3 Mexico: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: E-Scrap Recycling Market, by Product Type
9.1.1.3.2 Mexico: E-Scrap Recycling Market, by Processed Material
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
11. Company Profiles
11.1 Dowa Holdings Co., Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Electronic Recyclers International, Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Enviro-Hub Holdings Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 JX Nippon Mining & Metals Corporation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Sims Metal Management Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Stena Metall Ab
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Tetronics
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Umicore
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Quantum Lifecycle Partners
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. North America E-Scrap Recycling Market Revenue and Forecasts to 2028 (US$ Mn)
Table 2. US: E-Scrap Recycling Market, by Product Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: E-Scrap Recycling Market, by Processed Material –Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada: E-Scrap Recycling Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: E-Scrap Recycling Market, by Processed Material – Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico: E-Scrap Recycling Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: E-Scrap Recycling Market, by Processed Material – Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of terms
LIST OF FIGURES
Figure 1. North America E-Scrap Recycling Market Segmentation
Figure 2. North America E-Scrap Recycling Market Segmentation – By Country
Figure 3. North America E-Scrap Recycling Market Overview
Figure 4. North America E-Scrap Recycling Market, by Product Type
Figure 5. North America E-Scrap Recycling Market, by Country
Figure 6. North America – PEST Analysis
Figure 7. E-Scrap Recycling Market: Impact Analysis of Drivers and Restraints
Figure 8. North America E-Scrap Recycling Market Forecast and Analysis, (US$ Mn)
Figure 9. North America E-Scrap Recycling Market Revenue Share, by Product Type (2020 and 2028)
Figure 10. North America IT & Telecom Equipment: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America Small Household Appliances: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Large White Goods: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Consumer Electronics: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Others: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America E-Scrap Recycling Market Revenue Share, by Processed Material (2020 and 2028)
Figure 16. North America Metal: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Glass: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Plastic: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Others: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America: E-Scrap Recycling Market, by Key Country – Revenue (2020) (US$ Million)
Figure 21. North America: E-Scrap Recycling Market Revenue Share, by Key Country (2020 and 2028)
Figure 22. US: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Canada: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Mexico: E-Scrap Recycling Market – Revenue and Forecast to 2028 (US$ Million)
- DOWA HOLDINGS CO., LTD
- Electronic Recyclers International, Inc
- Enviro-Hub Holdings Ltd
- JX Nippon Mining & Metals Corporation
- Quantum Lifecycle Partners
- Sims Metal Management Ltd
- Stena Metall Ab
- Tetronics
- Umicore
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America e-scrap recycling market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America e-scrap recycling market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving e-scrap recycling market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution