E-Waste Management Market By Leading Manufacturers With Its Application And Types by 2025
According to a new report published by Reports Monitor titled, “Global E-waste Management Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the e-waste management market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
E-waste or Electronic waste is defined by the discarding of used electronic or electrical devices which are further intended for recycling, resale and reuse or disposed are considered as e-wastes. The informal processing of e-waste can be a result of significant health risks as electronic scraps contains potentially harmful components such as lead, cadmium and others. Thereby e-waste management deals with the activities and actions required to manage such waste and reduce the adverse effects of waste on health and the environment.
The rapid change in technology and increased use of electronic and electrical devices has resulted as a driving force for the e-waste management market. The increased emphasis on efficient recycling and reuse of the electronic & electrical products and the manufactures responsibility of determining end-of-life products disposal is also driving the market. With the increasing waste around the globe, the concern regarding the management of the e-waste and the need for efficient management occurred due to the discharge of toxic materials into the environment is the key driving factor for the global e-waste market. The need for e-waste management is also rising due to rapid product innovation, especially in home appliances and electronics gadgets which in turn is expected to boost electronic & electrical market and simultaneously increasing the e-waste management market. However, the high cost incurred in recycling and lack of waste collection centers is hindering the e-waste management process. In addition, the government policies regarding the waste control is creating a higher level of awareness among the people and the electronic and IT companies coming together and joining hands with organizations that will help them in the management of e-waste is expected to create an opportunity for the global e-waste management market.
This report provides a detailed analysis of e-waste management market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
The segmentation of global e-waste management market is based on the material recovery and source type. On the basis of material recovery the global e-waste management market is segmented into plastic, metals and glass. On the basis of source type the global e-waste management market is segmented into household appliances, entertainment & consumer electronics and IT & telecommunication.
Based on the geographical regions covered, the global e-waste management market is analysed across North America, Europe, Asia-Pacific and Latin America, Middle East and Africa (LAMEA). Further, Asia-Pacific and Europe are the major contributing regions in the e-waste management, whereas the America is expected to be the largest region generating the e-waste around the globe.
The key players for the e-waste management includes Boliden AB (Sweden), Inc. (California), Aurubis AG (Germany), Tetronics (International) Ltd. (U.K.), Electronic Recyclers International, Inc. (U.S.), MBA Polymers, Umicore S.A. (Belgium), Stena Technoworld AB (Sweden), Sims Metal Management Ltd. (Australia), Enviro-Hub Holdings Ltd. (Singapore), and Global Electric Electronic Processing Inc. (Canada).
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