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Precious Metals E-Waste Recovery Market Trends

  • Report ID: GMI11320
  • Published Date: Sep 2024
  • Report Format: PDF

Precious Metals E-Waste Recovery Market Trends

The high value of recovered precious metals is a key driver in the precious metals e-waste recovery industry. Metals such as gold, silver, and platinum, found in electronic devices, hold significant economic worth, which makes their recovery highly attractive. As the prices of these metals remain high, the potential for substantial financial returns from recycling e-waste incentivizes investments in advanced recovery technologies and processes. This economic value drives the development of more efficient and effective recycling methods, as companies and organizations seek to capitalize on the lucrative opportunities presented by recovered metals. Furthermore, the high value of these metals supports the growth of specialized recycling facilities and contributes to the overall expansion of the e-waste recovery industry, aligning with sustainability goals and creating a circular economy.
 

Increasing e-waste generation globally is a significant driver in the Precious Metals E-Waste Recovery market. With the rapid proliferation of electronic devices and the accelerating rate of technological advancements, the volume of discarded electronics has surged. This growing e-waste stream contains valuable precious metals such as gold, silver, and platinum, which can be recovered and recycled. The expanding e-waste problem prompts both regulatory and industry responses to improve recovery practices and technologies. As e-waste continues to accumulate, demand for efficient and profitable recovery solutions rises, driving market growth. This trend not only highlights the need for sustainable recycling methods but also presents opportunities for innovation and investment in the precious metals recovery sector.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size of precious metals e-waste recovery was valued at around USD 10.06 billion in 2023 and will record a CAGR of over 4.8% between 2024 and 2032, due to an increasing focus on recovering precious metals, and the growing demand for sustainable resource management.

Consumer electronics accounted for 43% market share in 2023 and is projected to grow significantly through 2032, due to high volume of discarded consumer electronics that create a large supply of e-waste, making it a primary source for metal recovery.

Asia Pacific industry was worth USD 4.05 billion in 2023, due to its large and rapidly growing consumer electronics sector, high volumes of e-waste generation, and significant advancements in recycling technologies.

EnviroLeach Technologies Inc., Umicore NV, Materion Corporation, Boliden AB, DOWA Holding Co., Ltd., Heraeus Holding GmbH, TES-AMM Pte. Ltd., and Metallix Refining Inc. among others.

Precious Metals E-Waste Recovery Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 210
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