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Electronic Waste Management Market Analysis, Top Trends, Competitive Analysis, Demands & key player study by 2030

Research Nester published a report titled Electronic Waste Management Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global electronic waste management market in terms of market segmentation by treatment, material type, source, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global electronic waste management market is anticipated to attain moderate CAGR over the forecast period, i.e., 2022-2030. The market is segmented by material type into metal, glass, plastic, and others, out of which, the plastic segment is anticipated to hold a major market share over the forecast period, on account of high usage of plastic for making the body of electronic appliances. Recycled plastic uses only 20% of the energy required for making virgin plastic from petrochemicals. This is why, government is promoting the practice of plastic recycling, which is estimated to boost the market growth.

The global electronic waste management market is estimated to grow on the back of rising government regulations for reducing electronic waste, and growing environmental concerns. E-waste can cause severe damage to all living organisms, if not disposed properly. Moreover, various rare and precious metals used in electronic appliances, such as silver, and titanium, can be recycled to be used in new devices. The manufacturers have to depend on mining to obtain the metal, due to the lack of any proper waste management system, which increases the overall cost of production. This is another major factor, estimated to boost the market growth.

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Regionally, the global electronic waste management market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the Asia Pacific is estimated to witness highest CAGR over the forecast period, owing to the presence of various consumer electronic industries in the region, backed by industrial development and growing tech-savvy population.

Increasing Generation of E-Waste to Boost the Market Growth

Over 50 million metric tons of e-waste was generated in 2019 globally.

Owing to the adoption of electronic devices in every aspect of life, the generation of e-waste is also increasing. Increasing production of smart phones, laptops, ACs, refrigerator, televisions, and other every-day use appliances directly impact the electronic waste generated. This is estimated to boost the market growth.

However, lack of proper infrastructure for recycling is expected to operate as key restraint to the growth of global electronic waste management market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global electronic waste management market which includes company profiling of WM Intellectual Property Holdings, L.L.C, Capital Environment Holdings Limited, Aurubis AG, Boliden Group, Eniro-Hub Holdings Ltd., Umicore, BA Polymers Inc., Electronic Recyclers International, Inc., Sims Limited, and Stena Metall Group. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global electronic waste management market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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