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E-waste to Precious Metal Market Research Report by Key Players Analysis 2019 – 2027

E-waste to Precious Metal Market: Overview

Precious metals are used widely in electronic applications, for example, in PCBs of mobile phones, motherboards of computers, and connectors, due to their high conductivity, ability to carry low-ampere current, high sensitivity, and resistance to corrosion. E-waste is a particularly rich source of precious metals with concentrations 40 to 50 times higher than the naturally occurring deposits. Over 320 tons of gold and more than 7,500 tons of silver are used to manufacture new electronic products across the world every year.

E-waste to Precious Metal Market: Drivers & Restraints

Major factor driving the e-waste recycle is increasing quantity of electronic wastes and growing environment-related concerns. Surging demand for electronic gadgets across a diverse range of applications including security, communication, health, education, food supply, and medicine leads to generation of e-waste. This, in turn, is expected to drive the e-waste to precious metal market. In 2016, 44.7 million metric tons (Mt) of e-waste was generated across the world. As per the International Solid Waste Association, the amount of e-waste generated is expected to increase to 52.2 million metric tons by 2021. Moreover, governments of different countries, original equipment manufacturers (OEMs), and non-profit organizations are taking several initiatives for managing and recycle of the electronic waste. This promotes growth of the market. On the other hand, lack of regulatory and recycling infrastructure and less number of e-waste collection centers are likely to hamper the market during the forecast period. Additionally, low rate of recycling and the policy of no incentives for consumers restrict the e-waste to precious metal market.

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E-waste to Precious Metal Market: Key Segments

The global e-waste to precious metal market can be segmented based on metal recovered, source of waste, and region. In terms of metal recovered, the market can be segregated into gold, silver, copper, and others. Based on source of waste, the market can be divided into household appliances, IT & telecommunication, consumer electronics, and others. Amongst sources, household appliances and consumer electronics segments are expected to expand at a significant pace during the forecast period. Refrigerator sets are discarded in the highest number as compared to other household appliances. Decrease in the life span of electronic products such as computers, laptops, and cell phones is generating a large amount of electronic waste.

E-waste to Precious Metal Market: Regional Outlook

In terms of region, the global e-waste to precious metal market can be classified into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Europe dominated the global e-waste to precious metal market in 2017, followed by North America. Stringent legal directives and regulations to recover, recycle, and reuse e-waste in Europe are driving the market in the region. The European Union’s Waste Electrical and Electronic Equipment (WEEE) Directive focuses on maximizing the recycle and reuse of e-waste and minimizing the amount of e-waste disposed of in landfills. According to this directive, every year, a minimum of four kilograms of e-waste per capita should be collected and recycled. The market in the Asia Pacific region is anticipated to expand at a substantial pace during the forecast period, owing to large quantities of e-waste and availability of labor at a low cost in this region. In Asia, the total e-waste generation stood at 18.2 Mt in 2016. China generates the maximum amount of e-waste (i.e. 7.2 Mt) in Asia as well as across the world. Japan generated 2.1 Mt of e-waste, while India generated 2 Mt of e-waste. In these major economies in Asia Pacific, considerable efforts are being taken to regulate the e-waste management system.

E-waste to Precious Metal Market: Key Players

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Key companies operating in the global e-waste to precious metal market are SIMS Metal Management, Ltd., Tetronics International Ltd., Stena Metall AB, Global Electric Electronic Processing Inc., Electronic Recyclers International, Inc., Enviro-Hub Holdings Ltd., Eco-Tech Environmental Services, Inc., American Retroworks, Inc., Universal Recyclers Technologies, and CRT Recycling, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market   

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