Meticulous Research® Releases Comprehensive Report on Global E-waste Management Market

 

 

“Meticulous Research® Releases Comprehensive Report on Global E-waste Management Market”

 

Meticulous Research®, a leading global market research firm, is pleased to announce the publication of its latest report titled, “E-waste Management Market by Method (Recycling, Dispose/Trash (Landfill, Incineration)), Source (Household, Industrial, IT & Telecom, Medical, Consumer), Material (Metal (Ferrous, Non-Ferrous), Plastic), Geography – Global Forecast to 2031.”

 

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According to this newly released report, the global e-waste management market is projected to reach $114.5 billion by 2031, expanding at a CAGR of 8.3% from 2024 to 2031. This growth is driven by several key factors, including the reduced lifecycle of electronic devices, the surge in e-waste generation, stringent government regulations, and increased consumer awareness regarding the repercussions of improper e-waste disposal. Moreover, government initiatives and technological advancements in e-waste recycling are anticipated to further bolster market growth. Conversely, illegal e-waste dumping poses a significant restraint, and the absence of adequate disposal systems in ASEAN countries presents a major challenge for market participants.

The report segments the global e-waste management market by method, waste source, and material, and provides an in-depth analysis of key industry players at both regional and country levels.

1.1.1.1           Market Segmentation

By Method:

  • Recycling & Reuse: Expected to dominate the market in 2024 and to register the highest CAGR during the forecast period. The large share is attributed to the growing need to recover valuable materials such as metals and plastics, compliance with recycling standards, and the imperative to conserve natural resources and reduce pollution.
  • Dispose/Trash: Further segmented into landfill and incineration.

By Waste Source:

  • Consumer Electronics (CE): Anticipated to hold the largest market share in 2024 due to heightened awareness of environmental impacts, frequent upgrades and replacements of electronic devices, and increasing government regulations.
  • Household Appliances: Projected to exhibit the highest CAGR due to rising urbanization, changing consumer lifestyles, and the growing disposal of old appliances for newer, more energy-efficient models.
  • Other Segments: IT & Telecom Equipment, Industrial Electronics (IE), Medical Equipment, and other waste sources.

By Material:

  • Metals: Expected to account for the largest share in 2024, driven by the high demand for metals across various industries and the need to recover valuable resources from e-waste.
  • Plastic & Resins: Predicted to register the highest CAGR due to advancements in recycling technologies and increasing efforts to reduce plastic waste.

By Geography:

  • Asia-Pacific: Projected to lead the global market with the largest share in 2024 and the highest CAGR during the forecast period. Factors include the implementation of policies to reduce toxic e-waste substances, a shift towards a circular economy, and the burgeoning consumer electronics industry in the region.

1.1.1.2           Key Players

Prominent companies in the e-waste management market include:

  • Electronic Recyclers International, Inc. (ERI) (U.S.)
  • Aurubis AG (Germany)
  • Sims Limited (U.S.)
  • Umicore (Belgium)
  • Mangalam ECS Environment Pvt. Ltd. (India)
  • Boliden Group (Sweden)
  • Tetronics Environmental Technology Company (U.K.)
  • TRIPLE M METAL LP (Canada) (A subsidiary of Giampaolo Group Inc.)
  • Enviro-Hub Holdings Ltd. (Singapore)
  • Stena Metall Group (Sweden)
  • Capital Environment Holdings Limited (Hong Kong)
  • AMP Robotics Corporation (U.S.)
  • Sembcorp Industries Ltd (Singapore)
  • Tes Global Limited (U.K.)
  • Veolia (France)

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About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

 

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