Middle East and Africa E-Scrap Recycling Market Outlook and Strategic Insights by 2028
Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028Middle East and Africa E-Scrap Recycling Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (IT & Telecom Equipment, Small Household Appliances, Large White Goods, Consumer Electronics, and Others) and Processed Material (Metal, Glass, Plastic, and Others)
- Report Date : May 2022
- Report Code : TIPRE00029161
- Category : Electronics and Semiconductor
- Status : Published
- Available Report Formats :
- No. of Pages : 98
The e-scrap recycling market in the MEA is expected to grow from US$ 27.39 million in 2021 to US$ 63.95 million by 2028; it is estimated to grow at a CAGR of 12.9% from 2021 to 2028.
Recycling involves separating materials, molecules, or chemical constituents from electronic waste to sell it as a raw material in a suitable form for the creation of new products. To separate the materials, devices and components must be dismantled, sorted, ground, and incinerated, followed by subjecting them to apt chemical treatments. Electronic waste comes in a wide variety of forms and is frequently mixed with other types of waste. As a result, the waste to be processed differs from one electronic device to another. Through sorting, the chemical complexity and unpredictability of the mixture are handled. The process can be performed at the following levels: device (type, generation, etc.), module (printed circuits, batteries, external envelopes, frames, etc.), electronic component (cables, resistances, capacities, chips, bare boards, etc.), or powder. New technology, such as microscopic piping, is currently being employed to improve mineral extraction. The pipe in a microfluidic device is less than a millimeter in diameter. Moreover, the recycling companies can continuously, automatically, and swiftly examine diverse combinations of characteristics by integrating analysis methods (X-rays, infrared, and sensors). This would simplify the recycling process and help them increase the volume of recycling, which would ultimately drive the e-scrap recycling market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA e-scrap recycling market in the coming years. The market is expected to grow at a good CAGR during the forecast period.
MEA E-Scrap Recycling Market Revenue and Forecast to 2028 (US$ Million)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
MEA E-Scrap Recycling Market Segmentation
The MEA e-scrap recycling market is segmented based on product type, processed material and country. Based on product type, the market is segmented into IT & telecom equipment, small household appliances, large white goods, consumer electronics, and others. The large white goods segment dominated the market in 2020 and consumer electronics segment is expected to be the fastest growing during the forecast period. Based on processed material, the market is segmented into metal, glass, plastic, and others. The metal segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on country, the MEA e-scrap recycling market is segmented into South Africa and the rest of MEA. DOWA HOLDINGS CO., LTD; Electronic Recyclers International, Inc; JX Nippon Mining & Metals Corporation; Sims Metal Management Ltd; Stena Metall Ab; Tetronics; and Umicore are among the leading companies in the market.
Middle East and Africa E-Scrap Recycling Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 27.39 Million |
| Market Size by 2028 | US$ 63.95 Million |
| Global CAGR (2021 - 2028) | 12.9% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- DOWA HOLDINGS CO., LTD
- Enviro-Hub Holdings Ltd
- JX Nippon Mining & Metals Corporation
- Sims Metal Management Ltd
- Stena Metall Ab
- Tetronics
- Umicore
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