The global e-waste management market revenue is expected to expand at a moderate CAGR over the forecast period. Increasing government policies and regulations to effectively manage e-waste management is a key factor expected to drive growth of the global market over the forecast period.
The global e-waste management market has been segmented on the basis of material recovery, source type, application, and region. On the basis of material recovery, the target market is segmented into metal, plastic, glass, and others. The metal material recovery segment is further sub-segmented into copper, steel, and aluminum. The metal material recovery segment is expected to register significant share in terms of revenue, over the forecast period, owing increasing use of metal in various industrial components, microcontrollers, etc. On the basis of source type, the target market is segmented into household appliances, IT & telecommunications, entertainment and consumer electronics, and others (medical equipment, toys, and lighting equipment). On the basis of application, the target market is segmented into disposal and recycle. The disposal application segment is expected to register significant share in terms of revenue over the forecast period.
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Based on the region the e-waste management market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is estimated to be highest share in terms of revenue over the forecast period and is expected to maintain its dominance over the forecast period, owing to advanced products development, and increasing government’s environmental regulations, especially in the US. The market in Asia Pacific is expected to register significant growth in terms of revenue over the forecast period, owing to increasing technological advancements and growing industrialization in developing countries in the region.
Key players operating in the global e-waste management market include Aurubis AG, Electronic Recyclers International, Inc., Sims Metal Management Limited, Umicore S.A., Boliden AB, MBA Polymers, Inc., Stena Metall AB, Enviro-Hub Holdings Ltd., Global Electric Electronic Processing Inc., and Tetronics International Ltd.