Market Analysis Report U.S. Electronic Goods Recycling Market

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U.S. Electronic Goods Recycling Market Share, Segmentation,
Research and Forecasts to 2025 | Hexa Research
“ The U.S. electronic goods recycling market size is expected to reach USD
15.23 billion by 2025.”
02 November 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 (e-waste) 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 e-waste. 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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