E-waste Management Market By Processed Material (Metals (Copper, Aluminium, and Steel), Plastic, Glass, and Others (Rubber, Wood, Ceramics, and Concrete)), By Source (Household Appliances, IT & Telecommunications, Entertainment and Consumer Electronics, and Others (Medical Equipment, Toys, and Lighting Equipment)), By Application (Disposal and Recycle), and By Region - Trends, Analysis and Forecast till 2029

Electronic waste or E-Waste Management Market is called as disposal of broken or obsolete electronic components and materials. Improving the standard of living, advancements in technology and evolving digital habits of consumers have shaped our consumption habits with regards to technology-related products, leading to increased e-waste volumes worldwide. Some e-waste materials are expensive and recyclable such as random access memory and laptops. However, some hazardous materials require special handling process in disposal. Common discarded electronic products are computers, televisions, stereos, copiers, electric lamps, cell phones, and fax machines. Hazardous content of materials may create a threat to human health and environment, which need to be managed and recycled.

Technological advancements and rapidly growing industrialization in developed well as in developing countries are major factors that are driving the growth of the global E-waste management market. In addition, increasing innovation in home appliances and electronics are some of the factor expected to further fuel growth of the target market in the near future. Furthermore, growing rate of health hazards such as kidney damage and Wilson’s disease, due to discharge of toxic materials from electronic scrap and incineration, are other factors expected to fuel the demand for efficient scrap management techniques which is boosting the global market over the forecast period. In June 2014, Dell, a leading computer manufacturer, launched its first computer made of plastics obtained from recycled electronics. The company has started selling its first computer “the OptiPlex 3030” that is made up of old electronics using closed loop recycling process. However, high cost during recycling process and lack of waste collection centres across the globe is major factor expected to restrain growth of the global E-waste management market over the forecast period.

Global E-waste management market is segmented into processed materials, sources, application, and region. Based on processed materials, the global market is segmented into metals, plastic, glass, and others. Metal is further divided into copper, aluminium, and steel. On the basis of sources, the target market is sub-divided into household appliances, IT & telecommunications, entertainment and consumer electronics, and others. Based on application, the global market is segmented into disposable and recycled.

Regional Insights:

On the basis of region, the global E-waste management market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is dominating the target market in terms of revenue over the forecast period, due to increasing technological advancements, introduction of new products and new technologies in various countries in the regions. The market in Asia Pacific is expected to register significant share in terms of revenue over the forecast period, owing to increasing adoption of electronic goods in various countries in the region.

Key players in global E-waste management market are 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.