Hi, what are you looking for?
The global e-waste management market size was estimated at 44.7 million metric tons in 2016 and is expected to reach 63.705 million metric Tons by 2025, registering at a CAGR of 4.1% during the forecast period.
With rapid urbanization and industrialization in developing as well as developed economies, adoption of novel technologies is gaining momentum. Technologies such as the Internet of Things (IoT) are leading to use of electronic devices in practically every human activity. Therefore, proliferation of electronic devices is expected to lead to a significant amount of waste generation, thereby driving the market.
Gather more insights about the market drivers, restrains and growth of the Global E-waste Management Market
Rising health hazards such as bronchitis, kidney damage, and Wilson’s disease, due to inadequate discharge of toxic materials from electronic scrap and incineration, are augmenting the need for efficient scrap management techniques. Furthermore, the presence of precious metals such as gold, silver, platinum, and gallium makes electronic scrap recycling an attractive and feasible option. These factors are poised to positively influence market growth.
Furthermore, widening base of middle-income population in developing economies and shifting consumer preferences are resulting in rapid replacement of older versions of an electronic product with a newer version. This, in turn, is boosting the sales of electronic devices. Moreover, electronic device manufacturers follow sustainable disposal practices in order to adequately manage electronic devices at their end-of-life period, such as take-back policy. Such factors are anticipated to work in favor of the market during the forecast period.
Governments across the globe are implementing numerous regulations and policies to effectively manage e-waste. For instance, in India, the Ministry of Environment, Forests and Climate Change has mandated that electronic device manufacturers are responsible for recycling and reducing e-waste in the country. Additionally, several other methods are being implemented to minimize e-waste generation, including use of renewable materials, production process modifications, and green packaging options.
Based on the Source Insights the market is segmented into Industrial Electronics, Consumer Electronics, Others
Based on the Processed Material Insights the market is segmented into Metal, Plastic, Glass, Others
Based on the Application Insights the market is segmented into Disposal, Recycle
Based on the Regional Insights the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies in the market are largely investing in research & development to introduce cost-effective and technologically advanced recycling equipment.
Some of the prominent players in the e-waste management market
Order a free sample PDF of the E-waste Management Market Intelligence Study, published by Grand View Research.
Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.
Web https://www.grandviewresearch.com/
Media Contact Company Name: Grand View Research, Inc. Contact Person: Sherry James, Corporate Sales Specialist – U.S.A. Email: Send Email Phone: 1888202951 Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States City: San Francisco State: California Country: United States Website: https://www.grandviewresearch.com/industry-analysis/e-waste-management-market
Finland gained independence from Russia in 1917, and was granted sovereignty over Aland in 1921.
Ukraine has depleted its Soviet and Russian-designed weaponry and is now dependent on allies for arms to defend against Russia's invasion.
The horrors of the bloodiest chapter so far in the Ukraine conflict are poignantly captured in the words and drawings of an eight-year-old boy.
Memories of the Soviet past are alive in former Stalingrad, with souvenir shops selling Soviet-era paraphernalia.
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.