The global demand for E-waste Recycling Market is presumed to reach the valuation of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% under the study period of 2023-2030. Regarding volume, the market was calculated XX Million Tons in 2022 and forecast to touch XX Million Tons by 2030 with a CAGR of XX% during 2023-2030
E-waste refers to any discarded electronic or electrical equipment that's been not needed. It includes broken and working items that are dumped in the garbage. The used electronics items intended for reuse, refurbishment, resale, salvage recycling through material recovery, or disposal are also considered e-waste. E-waste consists of various chemicals that are injurious to people and the environment, such as lead, mercury, brominated flame retardants, beryllium, and cadmium. Disposal and recycling of e-waste may engage significant risks to the health of workers and their communities. Proper recycling and disposal of electronics is really important for the environment and also for data security.
Market Dynamics
The increasing health hazards such as bronchitis, kidney damage, and Wilson's disease caused due to insufficient toxic materials discharge from electronic scrap and incineration are the primary factors driving the E-waste Recycling market. Expanding the middle-income population base in developing economies and high consumer preferences towards replacing obsolete versions of an electronic product with an advanced version contributes to the E-waste Recycling market's growth. The presence of precious metals such as silver, gold, platinum, and gallium makes electronic scrap recycling an attractive and feasible option; thus, positively impacting the E-waste Recycling market's growth. Moreover, the government has implemented numerous regulations and policies globally to manage e-waste effectively and are likely to provide profitable growth opportunities for key players of the E-waste Recycling market in the coming years.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of e-waste recycling.
Market Segmentation
This section of the e-waste recycling market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
By Material Recovery
- Metals
- Plastic
- Glass
- Others (including material recovered from PCBs, wood, and ceramics)
By Source Type
- Household Appliances
- It & Telecommunications
- Entertainment and Consumer Electronics
- Others (medical equipment, toys, and lighting equipment.)
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for E-waste Recycling market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global E-waste Recycling Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the E-waste Recycling market include Boliden AB, Aurubis AG, MBA Polymers, Inc., Electronic Recyclers International, Inc., Sims Metal Management Ltd., Umicore S.A., Stena Technoworld AB , Tetronics (International) Ltd., Enviro-Hub Holdings Ltd. , and Global Electric Electronic Processing Inc.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.