The Electronic Scrap Recycling Market refers to the business of collecting, processing, and reselling discarded electronic devices and components. This market has grown significantly in recent years due to the increasing amount of electronic waste generated by consumers and businesses.
Electronic scrap, also known as e-waste, includes a variety of electronic devices such as computers, mobile phones, televisions, and printers. These devices contain valuable metals such as gold, silver, and copper, as well as hazardous materials like lead and mercury.
The process of recycling electronic scrap involves separating and recovering these valuable metals and materials, which can then be reused in the production of new electronics. This not only conserves natural resources but also reduces the amount of electronic waste that ends up in landfills, where it can have harmful environmental and health effects.
The electronic scrap recycling market is driven by several factors, including government regulations and incentives, the increasing awareness of the need for sustainable practices, and the rising demand for electronic devices. The market is expected to continue to grow in the coming years as more countries adopt e-waste regulations and consumers become more environmentally conscious.
Some of the key players in the electronic scrap recycling market include
- Umicore N.V.
- Dowa HoldingsCo. Ltd.
- Ultromex Ltd.
- LS-Nikko Copper Inc.
- Glencore Xstrata PLC.
- Enviro-Hub Holdings Ltd.
- Outotec Oyj
- JX Holdings Inc.
- Mitsui & Co. Ltd.
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Boliden Group. These companies provide services such as collection, processing, and resale of electronic scrap, as well as consulting and advisory services to help businesses and governments develop sustainable e-waste management strategies.
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