Semiconductor recycling and sustainability refer to the practices and technologies that aim to recover valuable materials from semiconductor manufacturing processes and end-of-life electronic components, while minimizing environmental impact. The primary purpose of semiconductor recycling and sustainability is to reduce electronic waste, conserve critical raw materials, and lower the environmental footprint of the semiconductor industry. These efforts support circular economy principles, enhance supply chain resilience, and align with global environmental, social, and governance (ESG) goals.
The semiconductor recycling and sustainability market consists of sales, by entities (organizations, sole traders, or partnerships), of semiconductor recycling and sustainability that involves collecting solid and liquid waste, from wafer scrap, slurries, solvents, chemical process gases and discarded chips, then processing these through physical, chemical and thermal treatment to recover silicon, metals (gallium, indium, copper, aluminum, platinum group metals) and other elements. High-purity refining and wafer regrind or polishing enable production of recycled semiconductor-grade feedstock.
The global semiconductor recycling and sustainability market was valued at $9,345.18 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 11.00%.
Growth In Consumer Electronics And Appliances
During historic period, the growth in consumer electronics and appliances supported the growth of the semiconductor recycling and sustainability market. As demand for electronic devices increased, so did the production and disposal of semiconductors. This created a greater need for recycling solutions to recover valuable materials and reduce electronic waste, encouraging investments in sustainable practices and technologies across the semiconductor industry. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, reported that consumer electronics production reached $204.67 million (¥32,099 million) in May 2023, marking an increase of 127% compared to the previous year. Therefore, the growth in consumer electronics and appliances drove the growth of the semiconductor recycling and sustainability market.
Advancing Plastic Waste Recycling in Semiconductor Manufacturing to Boost Environmental Sustainability
Major companies operating in the semiconductor recycling and sustainability market are focusing on recycling and minimizing plastic waste from semiconductors. It focuses on implementing closed-loop recycling systems and developing eco-friendly packaging materials to reduce environmental impact and comply with global sustainability standards. For instance, in March 2024, Resonac Corporation, a Japanese chemical company producing chemical products and industrial materials started to consider recycling plastic waste emitted from semiconductor manufacturing process and reusing it as material for semiconductor manufacturing by applying the company's plastic chemical recycling technology to that plastic waste and converting it into hydrogen and carbon dioxide.
The global semiconductor recycling and sustainability market is fairly fragmented, with large number of small players operating in the market. The top 10 competitors in the market made up 12.40% of the total market in 2024.
Semiconductor Recycling And Sustainability Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global semiconductor recycling and sustainability market as it emerges from the COVID-19 shut down.
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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 history and forecasts market growth by geography. It places the market within the context of the wider semiconductor recycling and sustainability market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by material, by waste type and by application.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis And Strategic Analysis Framework- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size And Growth- Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by material, by waste type and by application in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size And Growth Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments- Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for semiconductor recycling and sustainability providers in terms of product/service offerings geographic expansion, marketing strategies and target groups
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Materials: Silicon Semiconductors; Compound Semiconductors; Other Semiconductor Materials
- 2) By Waste Type: Solid Waste; Liquid Waste; Gaseous Waste; Hazardous Waste; Non-Hazardous Waste
- 3) By Application: Consumer Electronics; Automotive; Information Technology And Telecom; Industrial; Energy; Other Applications
- Companies Mentioned: Veolia Environnement S.A; Aurubis AG; Umicore N.V.; Taiwan Semiconductor; DOWA ECO-SYSTEM Co. (Dowa Holdings)
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; semiconductor recycling and sustainability indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.