Tuesday, February 14, 2023

What the Future of E-Waste Management Market Looks Like (2022-2028)?


 

Global e-waste management market is expected to register a CAGR of around 15% over the period of 2021-2027. E-waste management is the process of collecting e-waste, recovering and recycling materials in a safe manner, and disposing of e-waste with appropriate techniques to reduce its negative impact on the environment. Electronic waste refers to disposed electrical or electronic devices or components. Electronic waste also includes used electronics for refurbishment, reuse, resale, material recycling, or recycling by disposal. It is important to manage e-waste because efficient recovery of valuable materials from e-waste has great economic potential and can provide income opportunities for both individuals and businesses. The e-waste management market demand is increasing at a steady rate over the years and is expected to witness influential growth during the forecasted period as well. Factors such as easy access to new technologically advanced appliances, and the short lifecycle of operation of electrical and electronics are positively accentuating the growth of the e-waste management market.

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According to UnivDatos Market Insights (UMI)’ research report “global e-waste management market”, the market is expected to witness robust growth during the forecast period 2021-2027F. This is mainly due to the rapid obsolescence of electronic gadgets along with the rising disposable income. Various private firms, as well as the government, are leading to the technical development of e-waste management.

Based on material recovery, the market is segmented into metal, plastic, glass, and others. The metal segment accounted for a prominent share of the global e-waste management market in 2020 and is expected to witness a substantial growth rate during the forecast period. This is because recycling metals from e-waste significantly reduce dependency on the mining, processing, and extraction of precious metals such as gold, silver, copper, and others.

Based on source type, the market is categorized into home appliances, information and communication technology devices, electronic utilities, office and medical equipment, and others. Among these, home appliance held a significant share in the global e-waste management market in 2020 and is anticipated to witness a robust growth rate during the forecast period. This is mainly due to rising disposable income and the increasing adoption of smart devices and IoT-based devices in households.

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North America to witness substantial growth

North America held a prominent share of the global e-waste management market in 2020 and is expected to showcase a substantial growth rate during the forecast period. This can be attributed to the strong emphasis on digital transformation and the trend of being adopters of next-generation technologies. Many businesses and households in North America are developing smart infrastructure for their convenience and comfort. In addition, with the aim to achieve the net-zero target, e-waste management has become one of the core strategies for reducing carbon emissions in most of the countries in the region because e-waste significantly contributes to the overall pollution.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global e-waste management market are Boliden AB, MBA Polymers Inc., Electronic Recyclers International Inc., Aurubis AG, Sims Metal Management Ltd., Umicore S.A., Stena Technoworld AB, Enviro-Hub Holdings Ltd., Global Electric Electronic Processing Inc., Tetronics Environmental Waste Treatment Company along with partnerships have been undertaken by these players to boost their presence in different regions.

“Global E-Waste Management Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

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Market Segmentations:

1.     By Material Recovery (Metal, Plastic, Glass, and Others)

2.     By Source Type (Home Appliances, Information and Communication Technology Devices, Electronic Utilities, Office and Medical Equipment, and Others)

3.     By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.     By Company (are Boliden AB, MBA Polymers Inc., Electronic Recyclers International Inc., Aurubis AG, Sims Metal Management Ltd., Umicore S.A., Stena Technoworld AB, Enviro-Hub Holdings Ltd., Global Electric Electronic Processing Inc., Tetronics Environmental Waste Treatment Company)

Key questions answered in the study:

1.     What are the current and future trends of the global e-waste management industry?

2.     How the industry has been evolving in terms of material recovery and source type?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global e-waste management industry?

5.    What is the customer orientation, purchase behavior, and expectations from the global e-waste management suppliers across various region and countries?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 E-WASTE MANAGEMENT MARKET COVID-19 IMPACT

6 E-WASTE MANAGEMENT MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY MATERIAL RECOVERY

8 MARKET INSIGHTS BY SOURCE TYPE

9 MARKET INSIGHTS BY REGION

10 E-WASTE MANAGEMENT MARKET DYNAMICS

11 E-WASTE MANAGEMENT MARKET OPPORTUNITIES

12 E-WASTE MANAGEMENT MARKET TRENDS

13 LEGAL & REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY SIDE ANALYSIS

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

17 COMPANY PROFILED

18 DISCLAIMER

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