Precious Metals E-Waste Recovery Global Market Report 2022: Increasing Electronic Device Usage to Boost Sector - ResearchAndMarkets.com
According to the report the precious metals e-waste recovery market was valued at $9.4 billion in 2021, and is estimated to reach $18.7 billion by 2030, growing at a CAGR of 7% from 2022 to 2030. The increasing use of electronic items is expected to boost the growth of the electronic scrap recycling industry. The increased need to save energy and reduce the impact on mining ores for primary metals is driving the electronic scrap recycling business forward
DUBLIN--(BUSINESS WIRE)--Nov 10, 2022--
The "Precious Metals E-Waste Recovery Market By Metal Type, By Source: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
According to the report the precious metals e-waste recovery market was valued at $9.4 billion in 2021, and is estimated to reach $18.7 billion by 2030, growing at a CAGR of 7% from 2022 to 2030. The increasing use of electronic items is expected to boost the growth of the electronic scrap recycling industry. The increased need to save energy and reduce the impact on mining ores for primary metals is driving the electronic scrap recycling business forward.
The growing usage of e-waste recycling for the recovery of different metals is critical for energy conservation. For example, electronic recycling aids in the extraction of metals that require a substantial amount of energy to extract and are found in low quantities in raw ores. Furthermore, e-waste is a very rich source from which valuable metals may be recovered.
