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.
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 – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Precious Metals E-Waste Recovery Market Segmentation
By Source
- Home Appliances
- Consumer Electronics
- IT & Telecommunication Equipment
- Others
By Metal Type
- Palladium
- Gold
- Copper
- Silver
- Others (Nickel and Platinum)
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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
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