14 Best e-Waste Companies to Watch in 2024 and Beyond

Does the increasing problem of electronic waste and its environmental impact worry you? As technology advances, the disposal of old electronics becomes a significant challenge. Fortunately, there’s a solution at hand. This article will introduce you to the 14 best e-waste companies to watch in 2024 and beyond.

These companies are leading the way in sustainable e-waste management, recycling, and repurposing. Whether you are a consumer looking to recycle your old devices responsibly or a business seeking e-waste management solutions, this list will guide you to the industry’s most innovative and environmentally conscious companies.

So, let’s get started.

What’s e-Waste?

Before getting straight to the best e-waste companies, it’s better to first understand what e-waste is.

Electronic waste, commonly known as e-waste, encompasses a range of electronic devices like computers, smartphones, tablets, and televisions that have been discarded. It’s important to dispose of these devices properly because they may contain harmful materials, such as lead, mercury, and cadmium, that can be hazardous to both the environment and human health.

E-waste is a growing concern globally as technology advances and more devices are discarded.

The market for electronic waste is experiencing a substantial surge owing to the quick progress of technology and the consequent rise in the use of electronic devices.

However, this growth has also led to a surge in e-waste, posing environmental and health risks.

Watch this video by Interesting Engineering to learn more:

 

According to Statista, the e-waste management market across the world had a valuation of USD 58.86 billion in 2023. As per forecasts, it is estimated to grow at a CAGR of 12.9% during the projection period and reach a valuation of USD 137 billion by 2029.

This growth is driven by increasing electronic waste generation, stringent regulations regarding e-waste disposal, and the growing awareness of the environmental impact of improper e-waste management.

Despite the potential of the e-waste market, the improper disposal of e-waste remains a significant challenge.

Many countries lack proper e-waste recycling facilities, leading to e-waste being dumped in landfills or processed in informal recycling facilities, posing health and environmental risks.

Now, let’s discuss the 14 e-waste startups to watch in 2024.

14 Electronics Startups to Watch

So here are the top 14 electronics startups to watch this year.

1. Tetronics

Website: Tetronics

Location: Swindon, United Kingdom

Overview: Tetronics is a global leader in the supply of Direct Current (D.C.) plasma arc systems for a wide range of applications, including e-waste recovery, hazardous e-waste treatment, and metal recovery. They are renowned for their expertise in plasma technology.

Tetronics

Their Solution: Tetronics’ plasma technology is used for the treatment of various waste streams, including industrial, hazardous, and electronic waste. Their systems are designed to safely and efficiently recover valuable resources from waste, reduce waste volume, and eliminate hazardous materials.

How They Work: Tetronics’ plasma arc technology uses a high-temperature plasma torch to treat waste materials. As a result of the high temperature of the plasma, the waste is disintegrated into its elemental components, thereby enabling the retrieval of valuable metals and other materials. The process also destroys hazardous compounds, making it an environmentally friendly solution for waste management.

2. Electronic Recyclers International

Website: ERI

Location: Fresno, California, USA

Overview: ERI is a reputable company that offers I.T. and electronics asset disposition services. They specialize in dismantling electronic waste in an environmentally safe and socially responsible manner.

ERI - Electronic Recyclers International

Their Solution: ERI offers a comprehensive suite of services, including electronic recycling, I.T. asset disposition, data destruction, and OEM compliance. Their state-of-the-art e-waste shredding system maximizes economic benefits and commodity returns for clients.

How They Work: ERI processes both data-bearing and non-data-bearing assets, ensuring 100% data destruction while minimizing environmental impact. They operate in six U.S. locations and have the capacity to recycle over 170 million pounds of e-waste annually.

3. AMP Robotics

Website: AMP Robotics

Location: Broomfield, Colorado, USA

Overview: AMP Robotics is a pioneering company that develops robotic systems for sorting recyclable materials. Their AI-guided robots efficiently process a variety of materials, including plastics, metals, and fibers.

AMP Smart Sortation™

Their Solution: The company’s technology leverages artificial intelligence to guide robots in sorting recyclable materials, enhancing the efficiency and accuracy of recycling processes. This innovative approach supports various sectors, including paper, metal, and electronics recycling.

How They Work: AMP Robotics’ systems use vision systems and A.I. to identify and sort different types of recyclable materials. Their robots can process materials at high speeds, significantly improving the productivity of recycling facilities and reducing the reliance on manual labor​​.

4. SIMS Metals

Website: Sims Metal

Location: Mascot, Australia

Overview: Sims Limited is a worldwide metal recycling company known as Sims Metal. They purchase, process, and trade in both ferrous and non-ferrous recycled metals. This e-waste management company operates in five continents, including the United States, Australasia, and the United Kingdom.

Sims Metal

Their Solution: Sims Metal offers customized recycling solutions to commercial and industrial scrap metal producers, covering a wide range of recycling services. They offer fair-market scrap metal prices, certified scales for accuracy, and simple techniques to upgrade the value of materials.

How They Work: The company sources ferrous metal from various suppliers, including metal dealers, auto wreckers, and demolition firms. Non-ferrous metals are sourced from manufacturers and other generators of obsolete metal.

Sims Metal utilizes robust logistics and processing techniques to maximize recovery rates and provide customized recycling services to maximize scrap providers’ net scrap revenues​​​.

5. Umicore

Website: Umicore

Location: Brussels, Belgium

Overview: Umicore is a global materials technology and recycling group focusing on reducing harmful emissions, powering future vehicles and technologies, and giving new life to used metals. The company’s sustainable value creation is based on developing, producing, and recycling materials for a better life.

Umicore

Their Solution: Umicore’s strategy is centered around profitable and sustainable growth, driven by major megatrends such as enabling circularity for critical metals, accelerating global mobility transformation, and catering to the growing need for advanced materials.

How They Work: Umicore’s primary source of income comes from sustainable technologies such as recycling, emission control catalysts, rechargeable battery materials, and photovoltaics. Their emphasis is on sustainability and positively contributing to society and the environment, as they lead the way in recycling precious and non-ferrous metals.

6. Boliden

Website: Boliden

Location: Stockholm, Sweden

Overview: Boliden is a company from Sweden that deals with metals and mining. They are involved in exploring, mining, smelting, and recycling different types of metals such as zinc, copper, lead, nickel, gold, and silver.

Boliden

Their Solution: Boliden focuses on sustainable metal production and recycling, contributing to the circular economy. The company is recognized for its efforts in reducing emissions and advancing zero-emission mining.

How They Work: Boliden’s operations include exploration, mining, and milling of base and precious metals, with a focus on zinc and copper concentrate. The company sells its products to steel companies, automotive and construction industries, and other manufacturers of semi-finished products, as well as base metal dealers.

7. Stena Metall Group

Website: Stena Metall

Location: Gothenburg, Sweden

Overview: Stena Metall Group is a Swedish company specializing in recycling and processing metals, paper, electronics, hazardous waste, and chemicals. The company also engages in international trading of steel, metals, and oil, offering quality-assured solutions to various industries and sectors of society.

Stena Metall

Their Solution: Stena Metall Group aimed to promote the circular economy. They include design and resource management, recycling and reuse, production of aluminum alloys using recycled material, supply of steel products, financial operations, and international sales of raw materials and marine fuels.

How They Work: With a strong focus on innovation, Stena Metall Group’s 4,365 employees work across 220 locations in nine countries. The company collaborates with partners and customers to meet future challenges with new, smart, and customized solutions for a more sustainable society. Stena Metall Group recycles six million tons of waste each year and actively works towards achieving more efficient and smarter use of resources.

8. Noveon Magnetics

Website: Noveon Magnetics

Location: San Marcos, Texas, USA

Overview: Originally known as Urban Mining Company, Noveon Magnetics is the sole manufacturer of sustainable rare earth magnets in the United States. These magnets are crucial for various technologies, including electric vehicles, wind turbines, and medical devices.

Noveon Magnetics

Their Solution: Noveon Magnetics employs a proprietary technology to recycle end-of-life magnets and create new, more potent magnets from e-waste. This process is environmentally friendly, reducing the need for mined rare earth elements and lowering the carbon footprint.

How They Work: The company’s San Marcos factory has the capacity to produce 2,000 metric tons of magnetic material annually. Noveon’s magnets are designed to be stronger and more efficient, supporting the transition to electrification and sustainable energy solutions.

9. REMONDIS Sverige

Website: www.remondis.se

Location: Sweden

Overview: REMONDIS Sverige is part of the REMONDIS Group, a global leader in recycling, services, and water management. The company focuses on delivering sustainable recycling and waste management solutions in Sweden, contributing to the protection of natural resources and the fight against climate change.

Remondis

Their Solution: REMONDIS Sverige offers a comprehensive range of services, including the recycling of various materials such as scrap metal, plastics, hazardous waste, paper & cardboard, glass, and electronics. The company is committed to providing transparent and efficient recycling solutions that benefit both the environment and its clients.

How They Work: REMONDIS Sverige utilizes advanced technology and innovative processes to manage and recycle waste materials. Through its customer portal, the company provides clients with daily updates and detailed statistics, ensuring full control and transparency over the recycling journey​​​​​​.

10. TerraCycle 

Website: TerraCycle

Location: Trenton, New Jersey, USA

Overview: TerraCycle is an innovative recycling company that specializes in managing hard-to-recycle waste streams, including electronic waste (e-waste). They offer unique recycling programs that aim to reduce the environmental impact of e-waste by diverting it from landfills and repurposing it into new materials and products.

TerraCycle®

Their Solution: TerraCycle’s e-waste recycling program allows individuals, schools, organizations, and businesses to collect and send in various types of electronic waste. Some examples of items that contain valuable materials but can be difficult to recycle using traditional methods are cell phones, laptops, printers, and other electronic devices.

How They Work: TerraCycle partners with electronics manufacturers and brands to offer recycling solutions for e-waste. They provide collection boxes or pallets for gathering e-waste, which is then shipped to TerraCycle’s recycling facilities. There, the e-waste is disassembled, and the materials are separated and processed for reuse in new products.

11. Namo E-waste

Website: Namo eWaste

Location: India

Overview: Namo E-Waste Management Ltd is a prominent Indian company specializing in the recycling of electrical and electronic waste. Since its establishment in 2014, the company has offered comprehensive and responsible recycling services, ensuring environmental safety and sustainability.

Namo eWaste Management Ltd

Their Solution: Namo eWaste provides a range of services, including I.T. and Electronics Assets Disposition (ITAD), electronic recycling, data destruction, reverse logistics, and Extended Producer Responsibility (EPR) services.

How They Work: Namo eWaste employs integrated and advanced technology to manage large volumes of high-quality e-waste. The company is ISO and R2 certified, complying with strict environmental regulations. They offer secure and responsible recycling services, ensuring 100% data destruction and environmental compliance while maximizing asset recovery value.

12. Ridwell

Website: Ridwell

Location: Seattle, Washington, USA

Overview: Ridwell is a Seattle-based e-waste recycling startup that focuses on making it easy for people to reuse and recycle hard-to-recycle items sustainably. The company provides bags for customers to store items like plastic film, batteries, light bulbs, and threads and offers convenient pickups from their front door.

Ridwell

Their Solution: Ridwell operates a subscription-based service where members can have their hard-to-recycle items picked up from their homes every two weeks. The company collaborates with vetted partners to ensure that the collected items are recycled or reused effectively.

How They Work: Members collect their hard-to-recycle items in Ridwell-provided bags. On the scheduled pickup day, Ridwell collects the items directly from the member’s front door and ensures they are recycled or reused by their partners. Ridwell operates in more than 40 cities and municipalities across the Pacific Northwest and has expanded its services to include Denver.

13. EnviroLeach Technologies

Website: EnviroLeach Technologies

Location: Canada

Overview: EnviroLeach Technologies is a Canadian startup that has developed an eco-friendly recycling process for used printed circuit boards (PCBs). The company’s technology, EnviroLeach, enables the effective extraction of target metals from PCBs such as copper, lead, and aluminum.

EnviroLeach Technologies

Their Solution: The startup utilizes a hydrometallurgical extraction process that reduces carbon dioxide emissions. EnviroLeach’s electrochemical processing technology operates at ambient pressure and temperature.

How They Work: EnviroLeach’s process allows for the safe and environmentally friendly extraction of valuable metals from electronic waste, contributing to the reduction of e-waste and promoting sustainable recycling practices.

14. Cohen Recycling

Website: Cohen Recycling

Location: Headquartered in Middletown, Ohio, USA; operates in Ohio, Indiana, Kentucky, and Tennessee

Overview: Cohen Recycling is a family-owned company established in 1924, specializing in ferrous and non-ferrous metal recycling. It is one of the largest metal recycling companies in North America, dedicated to sustainable and responsible recycling practices.

COHEN

Their Solution: Cohen Recycling offers services for recycling a wide range of metal and electronic items. They provide solutions for businesses and individuals to recycle metal and electronics safely and conveniently, contributing to a cleaner and more sustainable environment. The company is also involved in electronic scrap recycling through its subsidiary, Cobalt, specializing in secure IT asset disposition (ITAD) services.

How They Work: Cohen Recycling processes scrap metal from various sources, including demolition companies and retail recyclers, and ships the processed product to steel mills. The company emphasizes efficiency in its operations and has implemented strict maintenance schedules for its equipment to ensure smooth and continuous operations.

Final Words

So, as the global e-waste crisis continues to grow, the need for sustainable and responsible e-waste management solutions becomes increasingly urgent. The 14 e-waste companies highlighted in this article are leading the way in innovative and environmentally conscious approaches to managing electronic waste.

References

Statista: Global Electronic Waste Management Market Value from 2022 to 2029

The World Counts: Tons of Waste Dumped Yearly Facts

Globe News Wire: Emission Control Catalysts Global Market Report 2024

Grand View Research: Magnetic Materials Market Analysis and Forecast  2022 – 2030

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