Precious Metals E-waste Recovery Market Projected to Reach $11.8 Billion by 2025

Precious Metals E-waste Recovery Market Projected to Reach $11.8 Billion by 2025
Browse 133 market data Tables and 51 Figures spread through 250 Pages and in-depth TOC on “Precious Metals E-Waste Recovery Market”
Precious Metals E-Waste Recovery Market by Source(Household Appliances, It & Telecommunication, Consumer Electronics), Metal (Copper, Gold, Silver), & Geography

Key players in the precious metals e-waste recovery market include Johnson Matthey Plc (UK), Sims Limited (US), EnviroLeach Technologies Inc. (Canada), Umicore NV (Belgium), Materion Corporation (US), Boliden AB (Sweden), DOWA Holdings Co., Ltd. (Japan), Heraeus Holding GmbH (Germany), TES-AMM Pte. Ltd. (Singapore), Metallix Refining Inc. (US), and Tanaka Precious Metals (Japan). Other noteworthy players included in this report are Sabin Metal Corporation (US), Abington Reldan Metals LLC. (US), All Green Recycling Inc. (US), ECR World Inc. (US), Apex Environmental Services Inc. (Canada), Kinsbursky Brothers International (US), HOBI International, Inc. (US), AET Environmental (US), Closed Loop Environmental Alliance Network Inc. (Canada), Arch Enterprises, Inc. (US), M&K Recovery Group Inc. (US), Ganon & Scott (US), Hunan Vary Technology Co., Ltd. (China), Delmer Group (India), Reteck Recycling (UAE) and Mint Innovation (New Zealand). Key market players have focused on acquisitions, agreements and expansions to cater to the demand for precious metals across various applications for various end-use industries.

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In October 2020, EnviroLeach Technologies Inc. announced a 100 MT per month waste printed circuit board feedstock agreement with an undisclosed European supplier. The undisclosed supplier is a major player in the electronic waste sector and has an extensive network of relationships across European and Asian markets. This development will help EnviroLeach Technologies to expand their geographic reach in European and Asian markets along with a steady supply of raw materials for precious metal recovery.

In August 2020, Sims Lifecycle Services (SLS), a business segment of Sims Limited, announced the opening of its Tampa Innovation Center in Florida, US which had begun construction in March 2019. This site is dedicated to the increasing redeployment, reuse and recyclability of waste electronic and IT equipment, including data center material. This additional facility will help the company to work with its North American clients closely along with providing sustainable solutions for waste electronics.

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In October 2019,  DOWA Eco-System Co., Ltd., a subsidiary of DOWA Holdings Co., Ltd., announced an expansion of its business operations in Thailand. The subsidiary companies namely Bagpoo Environmental Complex (BPEC), Waste Management Siam (WMS) and Eastern Seaboard Environmental Complex (ESBEC) will treat hazardous waste including WEEE and waste batteries of electric vehicles through incineration treatment. The company aims to increase its geographical reach with this expansion and plans to contribute to the Thailand resource circulation system.

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