About Electronic Waste (E-Waste) Recycling and Disposal
Electronic waste generally includes discarded mobile phones and chargers, compact discs, headphones, television sets, computer monitors, motherboards, air conditioners, and refrigerators. E-waste follows various pathways after disposal such as formal and informal recycling, storage, and dumping in developed and developing economies. The government launch program to create awareness among the people about the hazards of e-waste recycling by the unorganized sector as well as to educate them about alternate methods of disposing of e-waste.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Global Electronic Waste (E-Waste) Recycling and Disposal is a fragmented market due to the presence of various players. The players are focusing on investing more in research & development activities and investing in it. These will boost new launches and enhance their market presence. The companies are also planning n strategic activities like mergers, acquisitions, and partnerships, which will help sustain them in the market and maintain their competitive edge. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Adatte E Waste Management (India), Aurubis AG (Germany), Umicore (Belgium), Sims Metal Management Limited (United States), Boliden (Sweden), Stena Metall Group (Sweden), Tetronics (International) Limited (United Kingdom) and Electronic Recyclers International, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Enviro-Hub Holdings Ltd. (Singapore), Attero (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Electronic Waste (E-Waste) Recycling and Disposal market by , Application (Material Recycling and Components Recycling) and Region.
On the basis of geography, the market of Electronic Waste (E-Waste) Recycling and Disposal has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
If we see Market by , the sub-segment i.e. will boost the Electronic Waste (E-Waste) Recycling and Disposal market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Rising Hazardous E-waste Materials across the Globe and Technological Development of Recycling and Disposal of E-Waste
Market Growth Drivers:
Increasing Government E-Waste Awareness Programme and Growing Consumption Rate of Electronic Appliances
Challenges:
Stringent Regulation for Producers and Recyclers of E-Waste
Restraints:
Environmental and Human Health Hazards of Electronic Waste Recycling
Opportunities:
Surging Electronic Wastes in Developed and Developing Countries can create Opportunities for the Global Electronic Waste (E-Waste) Recycling and Disposal Market Growth
Market Leaders and their expansionary development strategies
In October 2021, Electronic waste recycler Umicore has become the latest leading international businesses to partner with the Global Alliance for Trade Facilitation. Umicore is a global materials technology and recycling group, employing nearly 11,000 people worldwide. The company generates the majority of its revenues and dedicates most of its R&D efforts to clean mobility materials and recycling, focusing on areas where its expertise in materials science, chemistry, and metallurgy can make an impact.
In August 2023, India’s Minister for Industries and IT, K.T. Rama Rao, introduced ‘Mission E-waste’, a mobile phone retail chain Celekt project aimed at promoting the safe disposal of electronic waste by providing incentives to customers.
According to Central Pollution Control Board, Delhi, “Extended Producer Responsibility (EPR) is the responsibility of every producer of electrical and electronic equipment (EEE) for channelization of e-waste to an authorized dismantler/recycler to ensure environmentally sound management of such waste. EPR authorization is mandatory and has to be obtained by all the producers including importers, e-retailers/online sellers/e-bay, etc.
Key Target Audience
Electronic Waste (E-Waste) Recycling and Disposal Recyclers, Electronic Waste (E-Waste) Recycling and Disposal Producers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.