E-waste includes electronic items such as computers, laptops, television sets, mobile phones, and various other electrical or electronic household appliances. The growing usage of these electronic items has augmented the demand for e-scraping in recent years. The increasing advancements in technology has created an influx in the market, creating a need for scrapping the old electronics.
The report states that market will witness sustained growth as this trend continues to grow. According to the research report, the global e-scrap and printed circuit board (PCB) e-Scrap market scrapped 43.7 mn units in 2015 and is expected to scrap 69.7 mn units by the end of 2026.
The global e-scrap and PCB e-scrap market is expected to grow against the backdrop of persistent technological advancements and innovations that have brought in newer technologies, making in the previous ones obsolete. Thus, the mass junking of older electronics has led to a dire need for their organized collection and effective scrapping.
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In terms of regions, the global e-scrap and PCB e-scrap market is segmented into North America, Asia Pacific, Latin America, Europe, the Middle East and Africa, and South America. Of these, Asia Pacific holds the leading share the global market.
By the end of 2026, this regional market is estimated to make a contribution of 42.2% to the overall e-scrap market in terms of volume. This mammoth share will be attributable to the emerging economies of Japan, India, Korea, and China that are engaged in phenomenal manufacturing activities.
Furthermore, the rising disposable incomes, strengthening GDPs, and enhancing purchasing power have all contributed toward overflowing landfills in these countries. Thus, there is a massive need for recycling in these countries, which is expected to keep Asia Pacific at a forefront of the global e-scrap and PCB scrap market.
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The leading players operating in the global e-scrap and PCB e-scrap market are JX Nippon Mining and Metal Corporation, Boliden Group, Dowa Holdings Co., Ltd., LS-Nikko Copper Inc., Ultromex Ltd., Glencore Xstrata Plc, Enviro-Hub Holdings Ltd., Outotec Oyj, Mitsui & Co., Ltd., MRP Company, Inc., Mitsubishi Materials USA Corporation, Aurubis AG, and Electronic Recyclers International, Inc., Sims Metal Management Ltd., Stena Technoworld AB, Tetronics Ltd., and Umicore N.V., Inc.
