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US Electronic Goods Recycling Market Trends

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The U.S. electronic goods recycling market size is expected to reach USD 15.23 billion by 2025
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U.S. Electronic Goods Recycling Market Size, Share, Analysis,
Growth, Trends, Outlook and Forecasts to 2025 | Hexa Research
“Rapid industrialization and intensifying need to
reuse waste material to meet high demand from
consumers are anticipated to boost revenue
generation in the U.S. Electronic Goods Recycling
Market.”
20 September 2018 The U.S. electronic goods recycling market size is expected to reach USD 15.23 billion by 2025. Factors such as rapid
industrialization, increasing demand for automobiles and consumer electronics, and growing need to manage proper
utilization of natural resources are expected to propel demand for electronic goods recycling over the forthcoming
years.
According to the Institute of Scrap Recycling Industries (ISRI), approximately 4.5 million tons of electronic waste (ewaste) is recycled in U.S. every year. Electronic goods recycling refers to conversion of electronic scrap into useful raw
material. This helps maximize natural resources and minimize harmful impact on the environment resulting from ewaste. Usage of electronic gadgets has grown considerably over the past decade or so, transforming the speed and
quality of communication, information gathering, and entertainment. The U.S. government is supporting the recycling
industry by donating used electronic products, which can be converted into valuable products.
Positive economic conditions in U.S. are boosting consumer confidence and spending power. Rising consumer
disposable income is creating significant potential for the electronics goods industry, subsequently impacting the growth
of the e-waste recycling market. According to ISRI, the U.S. electronic recycling market has recorded tremendous growth
over the past few years. It reached the valuation of about USD 20 billion in last few decades and employs more than
45,000 employees in the industry.
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Electric scrap is generated from computers, audio visual components, stereo equipment, plastics from monitors, key
boards, printers, and computer wires, chips and other gold-plated components, VCRs, mobile phones, and other
handheld devices. This electronic waste is utilized by manufacturing industries for producing new products and
components. According to ISRI, the recycling industry transforms 130 million metric tons of obsolete scrap from
businesses, consumers, and manufacturers. Electronic waste made from plastic, aluminum, copper, and iron can be
recycled and re-used. Companies are focusing on maximizing their profit by recycling scrap from cheaper electronic
goods.
Key vendors operating in the market include Ultimate Electronic Recycling Inc.; American Iron & Electronic Goods;
Armco Electronic Goods Holdings, Inc.; Commercial Electronic Goods Company. Existence of many companies is
projected to improve market revenue in future. Moreover, increasing need for proper utilization of limited natural
resources is expected to open up several opportunities for market players over the forthcoming years.
Companies functioning in the market are involved in collecting, processing, and recycling industry scrap and distributing
it to various gadget-manufacturing companies. Key market players are concentrating on research and development
activities to expand recycling process and reduce cost and time involved during reprocessing of electronic goods.
Hexa Research has segmented the U.S. electronic goods recycling market report based on type and end-user:
Segmentation by Type, 2015 - 2025 (USD Billion)
• Computer Systems
• Televisions
• Mobile Devices
Segmentation by End-User, 2015 - 2025 (USD Billion)
• Metal Wholesalers and Reprocessors
• Electronic Goods Manufacturers
• Others
Key players analyzed
• Ultimate Electronic Recycling Inc.
• Armco Electronic Goods Holdings, Inc.
• American Iron & Electronic Goods
• Commercial Electronic Goods Company
• SIMS RECYCLING LTD
Browse Related Category Market [email protected] https://www.hexaresearch.com/researchcategory/semiconductors-and-electronics-industry
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Table of Content of U.S. Electronic Goods Recycling Market
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope
2.1. Research methodology
2.2. Assumptions
2.3. List of data sources
Chapter 3. Introduction
3.1. Research scope & market segmentation
Chapter 4. Electronic Goods Recycling Market Trends: Drivers & Opportunities
4.1. Key industry trends
4.1.1. Market drivers
4.1.2. Market restraints
4.2. Supply chain analysis
4.3. Porter's Five Forces analysis
Chapter 5. Electronic Goods Recycling Market Trends, By Type
5.1. U.S. electronic goods recycling market movement, by type, 2017 & 2025
5.1.1. Computer Systems
5.1.1.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.1.2. Televisions
5.1.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.1.3. Mobile Devices
5.1.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 6. Electronic Goods Recycling Market Trends, By End-User
6.1. U.S. electronic goods recycling market movement, by end-user, 2017 & 2025
6.1.1. Metal Wholesalers and reprocessors
6.1.1.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
6.1.2. Electronic goods manufacturers
6.1.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
6.1.3. Others
6.1.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 7. Competitive Landscape
7.1. Company market share analysis, 2017
7.2. Strategic framework
7.3. Company profiles
7.3.1. Ultimate Electronic Recycling Inc.
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7.3.1.1. Company Overview
7.3.1.2. Product Benchmarking
7.3.1.3. Financial Performance
7.3.1.4. Recent Initiatives
7.3.2. American Iron & Electronic Goods
7.3.2.1. Company Overview
7.3.2.2. Product Benchmarking
7.3.2.3. Financial Performance
7.3.2.4. Recent Initiatives
7.3.3. Armco Electronic Goods Holdings, Inc.
7.3.3.1. Company Overview
7.3.3.2. Product Benchmarking
7.3.3.3. Financial Performance
7.3.3.4. Recent Initiatives
7.3.4. Commercial Electronic Goods Company
7.3.4.1. Company Overview
7.3.4.2. Product Benchmarking
7.3.4.3. Financial Performance
7.3.4.4. Recent Initiatives
7.3.5. SIMS RECYCLING LTD
7.3.5.1. Company Overview
7.3.5.2. Product Benchmarking
7.3.5.3. Financial Performance
7.3.5.4. Recent Initiatives
7.3.6. List of other vendors
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research
and consulting services to a host of key industries across the globe. We offer comprehensive business
intelligence in the form of industry reports which help our clients obtain clarity about their business
environment and enable them to undertake strategic growth initiatives.
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