PUBLISHER: The Business Research Company | PRODUCT CODE: 1760263
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760263
Semiconductor recycling and sustainability involve strategies and practices aimed at reducing environmental impact and promoting the responsible use of resources within the semiconductor industry. This includes recovering valuable materials from end-of-life semiconductor devices, manufacturing scrap, and electronic waste. By embracing recycling and sustainability, the industry can reduce costs, minimize dependency on virgin materials, and foster a circular economy.
Key materials in semiconductor recycling and sustainability include silicon semiconductors, compound semiconductors, and other materials. Silicon semiconductors are made primarily from silicon, the most widely used material in semiconductor devices for electronics and photovoltaics. Silicon is used to manage various waste types such as solid, liquid, gaseous, hazardous, and non-hazardous waste, and is applied across sectors including consumer electronics, automotive, information technology and telecommunications, industrial applications, energy, and more.
The semiconductor recycling and sustainability market research report is one of a series of new reports from The Business Research Company that provides semiconductor recycling and sustainability market statistics, including semiconductor recycling and sustainability industry global market size, regional shares, competitors with a semiconductor recycling and sustainability market share, detailed semiconductor recycling and sustainability market segments, market trends and opportunities, and any further data you may need to thrive in the semiconductor recycling and sustainability industry. This semiconductor recycling and sustainability market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The semiconductor recycling and sustainability market size has grown rapidly in recent years. It will grow from $16.05 billion in 2024 to $18.38 billion in 2025 at a compound annual growth rate (CAGR) of 14.5%. The growth during the historic period can be attributed to the increasing demand for rare earth metals, higher energy consumption in semiconductor manufacturing, a growing need for eco-friendly electronics, expansion of the electric vehicle market, and rising awareness of the environmental impact of hazardous e-waste.
The semiconductor recycling and sustainability market size is expected to see rapid growth in the next few years. It will grow to $31.18 billion in 2029 at a compound annual growth rate (CAGR) of 14.1%. The growth during the forecast period can be attributed to the rising demand for electronic devices, an increase in e-waste generation, growing environmental concerns, heightened awareness of resource depletion, and a greater emphasis on circular economy practices. Key trends expected in the forecast period include advancements in recycling technologies, the development of more efficient recycling processes, the adoption of green manufacturing practices, the creation of waste-to-resource technologies, and progress in recycling infrastructure.
The growing generation of e-waste is expected to drive the expansion of the semiconductor recycling and sustainability market in the coming years. E-waste generation refers to the volume of discarded electrical and electronic equipment (EEE) produced over a given period. This rise is primarily fueled by rapid technological advancements, with frequent product upgrades and shorter device lifespans causing consumers to discard electronics at an accelerating pace. E-waste contributes to semiconductor recycling by providing valuable materials including silicon and precious metals, thus reducing the need for new raw materials. For example, in March 2024, the United Nations Institute for Training and Research, a Switzerland-based branch of the UN, reported that global e-waste is increasing by 2.6 million tons annually and is expected to reach 82 million tons by 2030, reflecting a 33% increase compared to 2022. Therefore, the growing generation of e-waste will propel the growth of the semiconductor recycling and sustainability market.
Leading companies in the semiconductor recycling and sustainability market are prioritizing the expansion of their facilities to meet the rising demand. Facility expansion involves increasing the size, capacity, or capabilities of a building or site to support business growth or operational requirements. For example, in November 2024, Taiwan Semiconductor Manufacturing Co., a Taiwan-based leader in semiconductor recycling and sustainability, opened a zero-waste center in Taichung. This center features four key recycling units focused on fluoride, silica, solvent thermal recovery, and isopropanol recycling. As Taiwan's first demonstration site for membrane carbon capture technology, the zero-waste facility is playing a pivotal role in promoting environmental sustainability within the semiconductor industry. It highlights the importance of efficient resource recycling and waste reduction by processing and reclaiming chemicals and materials frequently used in chip production.
In November 2023, Jabil Inc., a US-based electronics manufacturing company, acquired Retronix Ltd. for an undisclosed amount. Through this acquisition, Jabil aims to strengthen its circular economy initiatives by enhancing its capabilities in recovering, refurbishing, and recycling electronic components, ultimately reducing waste and promoting sustainable, decarbonized manufacturing solutions. Retronix Ltd., based in Scotland, specializes in semiconductor recycling and sustainability services.
Major players in the semiconductor recycling and sustainability market are Samsung Electronics Co. Ltd., Taiwan Semiconductor Manufacturing Company Limited, Intel Corporation, International Business Machines Corporation, Veolia Environnement S.A., Wistron Corporation, Umicore N.V., NXP Semiconductors N.V., Nikon Corporation, Tessolve Semiconductor Pvt. Ltd., Sims Recycling Solutions Inc., EnviroServe UAE LLC, Nefab Group, Phoenix Silicon International Corporation, Enviro-Hub Holdings Ltd, Tes-Amm India Pvt. Ltd., Pure Wafer Inc., Interco Trading Company LLC, Eco-Tech Environmental Services Inc., AER Worldwide Inc., Global Electronic Recycling, Inc., and Interuniversity Microelectronics Centre.
Asia-Pacific was the largest region in the semiconductor recycling and sustainability market in 2024. The regions covered in semiconductor recycling and sustainability report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the semiconductor recycling and sustainability market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The semiconductor recycling and sustainability market consists of revenues earned by entities by providing services such as precious metal recovery, sustainability audits and consulting, and reverse supply chain management. The market value includes the value of related goods sold by the service provider or included within the service offering. The semiconductor recycling and sustainability market also includes sales of reagents and solvents, eco-friendly consumables, and sustainability reporting software. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Semiconductor Recycling And Sustainability Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on semiconductor recycling and sustainability market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for semiconductor recycling and sustainability ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The semiconductor recycling and sustainability market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.