About E-waste Management
E-waste or electronic waste recycling is the reprocessing of electronic and electrical items that cannot be used any further or has been replaced by another by upgraded version. The e-waste includes various devices such as television, computer, air conditioner, mobile phones, washing machines, microwave, refrigerator, and other electronic devices. With rapid urbanization and industrialization, increase in manufacturers in the electronics industry are working towards developing consumer electronics and electrical devices with reduced life span creating demand for e-waste management.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The competitive landscape, navigating the challenges, and capitalizing on emerging opportunities, businesses in the E-waste Management sector can contribute to a more sustainable future and achieve profitable growth. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global E-waste Management market throughout the forecasted period. 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.
Electronic Recyclers International, Inc. (United States), Boliden AB (Sweden), Aurubis AG (Germany), Sims Metal Management Ltd. (Australia), MBA Polymers, Inc. (California), Tetronics (International) Ltd. (United Kingdom), Enviro-Hub Holdings Ltd. (Singapore), Umicore S.A. (Belgium), Stena Technoworld AB (Sweden) and Global Electric Electronic Processing Inc. (Canada) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Cimec (Italy), Lindner Shredders (Germany), Stena Metall Group (Sweden), Glencore (Switzerland), TOMRA Sorting Solutions (Norway), Wanless Waste Management (Australia) and Others.
Segmentation Overview
AMA Research has segmented the market of Global E-waste Management market by Type (Glass Recycler, Plastic Recycler, Metal Recycler, Printed Circuit Board (PCB) Recycler and Other), Application (Disposable and Recycle) and Region.
On the basis of geography, the market of E-waste Management 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 Disposable, the sub-segment i.e. Incineration will boost the E-waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Recovery, the sub-segment i.e. Plastic will boost the E-waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source type , the sub-segment i.e. House Hold Appliances will boost the E-waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Recycling Process, the sub-segment i.e. Preprocessing will boost the E-waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Technology Advancement and Frequent Innovations in the Product and Rising Development of Sustainable Energy
Market Growth Drivers:
Rise in Awareness about the Conservation of Environment and Health, Shortened Electronic Product Life Cycle and High Rate of Obsolescence
Challenges:
Illegal Dumping of E-Waste by Developing Countries and Lack of Proper Infrastructure Especially in Developing Economies
Restraints:
Low Awareness in Developing and Underdeveloped Countries Would Slow the E-Waste Recycling Activities and High Cost Associated With Recycling Due to Lack of Awareness
Opportunities:
Companies Being Certified By Third-Party Auditors
Market Leaders and their expansionary development strategies
In October 2023,Coca-Cola partners with recycling company Closed Loop Partners to develop packaging solutions with recycled e-waste content.
In December 2023, Apple announces a closed-loop recycling program for iPhones in India, partnering with local recyclers to recover materials.
According to World Bank estimates, the world’s waste generation is projected to nearly double in volume by 2025 to reach 6 Mn tons of waste per day. The Organization for Economic Co-operation and Development (OECD) member economies accounted for approximately half of the world’s waste in 2016. However, waste generation is primarily expected to be driven by emerging economies in Latin America and the Asia Pacific in near future due to growing consumption of plastics across applications such as packaging, construction, and consumer goods. Also, growth in developing economies’ waste production is expected to have a positive impact on waste to the energy market as governments introduce new policy. The government of India’s target for sustainable energy generation of 175 GW by 2022 will include 10 GW capacity from waste to energy facilities.
Key Target Audience
E-waste Recycling Companies, Government and Regulatory Bodies, Business and Institute, Non-Governmental Organizations 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.