DUBLIN--(BUSINESS WIRE)--The "Global E-Waste Management Market Research and Forecast, 2022-2028" report has been added to ResearchAndMarkets.com's offering.
The global e-waste management market is anticipated to grow at a significant CAGR of 4.9 % during the forecast period, owing to a rise in the adoption of electronic devices and the strict regulatory policies imposed by the government toward the eco-friendly environment globally. E-waste management is an approach used for controlling the effects of electronic wastes generated from different sources, by applying different handling strategies. E-waste is generally unwanted and broken electronic equipment which are discarded by its original users. E-waste is considered the most hazardous waste due to its serious effects on health and the environment. These hazardous effects are the major motivators that are increasing the health concerns among people and their surroundings, which is positively affecting the market growth.
Segmental Outlook
The global e-waste management market is segmented based on the technique, processed material, and end-user. Based on the technique, the market is segmented into pyrolysis, incineration, landfills, and recycle & reuse. Based on the processed material, the market is sub-segmented into plastics, metals, glass, and others including ceramics, rubber, and wood. Based on the end-user, the market is augmented into household applications, IT & telecommunication, and consumer electronics. The above-mentioned segments can be customized as per the requirements. Among the processed materials segment, the metal market is expected to hold a prominent share of the market over the forecast period. Electronic products comprise components that use metal tracks, metal solders, and conductive metals, which will support the e-waste management market.
The Plastic Segment is Expected to Hold a Significant Share in the Global E-Waste Management Market
Among the processed materials, the plastic segment is expected to hold a significant share in the market over the forecast period owing to the rising usage of plastic for several purposes. For instance, according to the Plastic Smart Cities, In 2019, the formal documented collection and recycling of e-waste was 9.3 Mt, or 17.4% compared to e-waste generated. A total of 71 kt of plastics are found in globally undocumented flows of e-waste annually, which is largely released into nature and impacts environmental and human health. Although there are individual efforts to improve the collection and recycling of plastics in e-waste at the local level, the plastics value chain remains fragmented, with a significant percentage of the global e-waste stream being transported to developing countries and processed in rudimentary and dangerous conditions, or otherwise dumped and burned in the open pits.
Regional Outlooks
The global e-waste management market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The North American region is expected to hold a considerable share in the market due to rising government regulations for the systematic collection and recycling of electronic scrap in the region over the forecast period.
The Asia-Pacific Region is Expected to Hold the Considerable Share in the Global E-Waste Management Market
Among these regions, Asia-Pacific is considered to hold a significant share of the global market due to the increasing use of consumer electronics in the region. Electronic waste (e-waste) typically includes discarded computer monitors, motherboards, mobile phones and chargers, compact discs, headphones, television sets, air conditioners, and refrigerators. Moreover, major economies such as the US and Canada export their e-waste to Asian countries which in turn drives the growth in the Asia-Pacific region.
Key Topics Covered:
1.Introduction
2.Market Overview and Insights
3.Competitive Landscape
4.Market Segmentation
5.Regional Analysis
6.Company Profiles
Companies Mentioned
- Apto Solutions, Inc.
- Aurubis AG
- Boliden AB
- Call2Recycle, Inc.
- CloudBlue Technologies, Inc. (Ingram Micro, Inc.)
- EcoCentric Management Pvt Ltd.
- Electronic Recyclers International, Inc.
- Engitec Technologies SpA
- Enviro-Hub Holdings Ltd.
- E-Parisaraa Private Ltd.
- Global Electric Electronic Processing Inc.
- Good Point Recycling (American Retroworks Inc.)
- Johnson Controls International PLC
- LifeSpan International Inc.
- MBA Polymers, Inc.
- Sims Metal Management Ltd.
- Stena Technoworld AB
- Tetronics International Ltd
- Umicore
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