E- Waste Management Market Global Analysis Opportunity and Industry Industry Trends and Forecast

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Explore Further Details about This Research E-Waste Management Market Report https://www.databridgemarketresearch.com/reports/global-e-waste-management-market

Sustainability focuses on balance, namely the balance between the present and the future that is crucial to the existence of our world. Technology advancements have significantly increased the amount of garbage produced, particularly e-waste, whose treatment is currently an important topic. Certain legal regulations cover the handling of global e-waste. Extensive procedure responsibility (EPR) was taken into consideration to determine the global trend of its eradication. According to the UN, managing e-waste is anticipated to increase by over 33% during the following four years. Thanks to collaborations between leading companies such as HP, a Dell, and Cisco from China, Japan, and England and worldwide organizations such as solving the E-waste Problem, there are now greater opportunities for the e-waste management sector to thrive (Step).

Data Bridge Market Research analyses that the E-waste management market is expected to reach USD 167.22 billion by 2030, which is USD 63.79 billion in 2022, at a CAGR of 12.80% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition

E-waste is any abandoned electrical or electronic equipment. This covers both functional and damaged things that are discarded in the trash or given to a charity retailer like Goodwill. If a product isn’t purchased in the store, it’s frequently thrown away. The hazardous compounds that naturally leak from the metals in e-waste when it is buried make it extremely risky.

Drivers

Increasing government regulations and policies to manage e-waste

Many rules and policies are being implementing by governments all over the world to manage e-waste efficiently. For instance, the Ministry of Environment, Forests and Climate Change in India has legislated that manufacturers of electronic devices be accountable for recycling and lowering the amount of e-waste in the nation. Several other strategies are also being used, such as adjustments to the production process, renewable resources, and eco-friendly packaging alternatives, to reduce the amount of e-waste. Household appliances make up a sizable amount of the world’s e-waste. As a result pf this, effective rules must now be developed to manage enormous amounts of e-waste. Many countries mandate manufacturers and importers to gather electronic products for end-of-life management. Manufacturers might choose to recycle their own electrical waste or repurpose it. For instance, the Home Appliances Recycling Law in Japan mandates that users of appliances such as air conditioners, refrigerators and washing machines deliver them to stores so that they can send them to businesses. These laws are encouraging an environment where e-waste recycling is possible. Therefore, the increasing government regulations and policies to manage e-waste is expected to drive the market’s growth rate.

Recent Developments

In 2022, ERI, a leading recycler of cybersecurity and electronic intensive hardware destruction Company, collaborated with Redrock Environmental Group. With this collaboration, they provide residents of Madera County with a suitable way to recycle unwanted consumer electronics correctly.
In 2022, TES, an IT Asset Disposal and e-waste firm, has traded its European trade operations concerned with the recycling of e-scrap which is controlled by extended manufacturer responsibility program.

Global E- Waste Management Market Scope

The E-waste management market is segmented based on the processed material, source, application, recycler type and material recovery. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Processed Material

Metal
Copper
Steel
Others
Plastic
Glass
Others

Source

Industrial Electronics
IT & Telecom Equipment
Datacenters
Networking Cards/Equipment
Digital Boards
Others

Medical Equipment Equipment

Monitoring and Control Equipment
Others
Consumer Electronics

Household Appliances

Refrigerator
Television
Others

Handheld Electronics

Smartphones
Tablets
Wearables
Others

IT Accessories

Keyboards
Mice
Laptops Cases
USD memory Sticks
Others

IT Equipment

Desktops
Laptops
Netbooks
Others

PCBs

High-grade
Medium-grade
Low-grade
Others

Application

Disposal
Reuse
Landfill
Incineration
Recycle

Recycler Type

Glass Recycler
Metal Recycler
Plastic Recycler
Printed Circuit Board Recycler

Material Recovery

Metal
Plastic
Glass
Others

Some of the major players operating in the E-waste management market are:

IBM (U.S.)
SAP SE (Germany)
SENSONEO (Slovakia)
Enevo (China)
Big Belly Solar, LLC. (U.S.)
Ecube Labs Co., Ltd. (South Korea)
Urbiotica (Spain)
WAVIoT (U.S.)
Pepperl+Fuchs (India) Pvt. Ltd. (India)
OnePlus Systems Inc (China)
Covanta Holding Corporation (U.S.)
RecycleSmart Solutions. (Canada)
Veolia (France)
Republic Services, Inc. (U.S.)
Enerkem (Canada)
Building Research Establishment Ltd (U.K.)
SUEZ (France)

Key questions answered in the E-Waste Management Market are:

What is E-Waste Management Market?
What was the E-Waste Management Market size in 2022?
What are the different segments of the E-Waste Management Market?
What growth strategies are the players considering to increase their presence in E-Waste Management Market?
What are the upcoming industry applications and trends for the E-Waste Management Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the E-Waste Management Market?
What major challenges could the E-Waste Management Market face in the future?
What segments are covered in the E-Waste Management Market?
Who are the leading companies and what are their portfolios in E-Waste Management Market?
What segments are covered in the E-Waste Management Market?
Who are the key players in the E-Waste Management Market?