Precious metals e-waste recovery market is anticipated to grow at a CAGR of 5.2% during the forecast period. The major factors that are accelerating the growth of the market include the rising amount of electronic waste and growing environmental concerns. The demand for electronic devices across a wide range of applications, including health, communication, food supply, and others leads to the e-waste generation thereby driving the e-waste recovery market for precious metals. Moreover, the companies operating in the precious metal e-waste recovery market are focusing on innovative practices to recover precious metals from electronics more efficiently which is another prominent factor for the growth. For instance, in March 2021, Royal Mint announced the development of an electronics recycling plant in South Walesto extract gold from the UK’s electronic waste. The facility helped the company to address a growing environmental issue as well as create a new source of high-quality precious metals for the business.
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Moreover, the emergence of innovative recycling technologies, and growing smelting and recovery facilities led to the high generation of precious metals e-waste, thereby creating scope for the precious metals e-waste recovery market. In addition, health issues associated with e-waste recovery may act as a restraint to market development. Toxic substances such as mercury, lead, and nickel can lead to risk and can have long-term repercussions for health and development. Further, advancement in technologies in element extraction to maximize precious element extraction is expected to fuel development prospects in the precious metals e-waste recovery market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Precious Metals E-Waste Recovery Market by Source
- Home Appliances
- Consumer Electronics
- IT & Telecommunication Equipment
- Others
Global Precious Metals E-Waste Recovery Market by Metal Type
- Palladium
- Gold
- Copper
- Silver
- Others (Nickel and Platinum)
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Abington Reldan Metals LLC
- AET Environmental
- Apex Environmental Services, Inc.
- Arch Enterprises, Inc.
- Boliden Group
- DOWA Holdings Co., Ltd.
- Enviroleach Technologies, Inc.
- Gannon & Scott, Inc.
- Heraeus Holding GmbH
- Hobi International, Inc.
- Johnson Matthey Group
- M&K Recovery Group, Inc.
- Materion Corp.
- Metallix Refining, Inc.
- Mint Innovation (A Biomining Solutions Company)
- Sabin Metal Corp.
- Sims Lifecycle Services, Inc.
- TANAKA Holdings Co., Ltd.
- TES (Singapore) Pte Ltd.
- Umicore NV
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global precious metals e-waste recovery market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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