Global E-Waste Management Industry Expected to Hit $114.5 Billion by 2031

E-Waste Management Market Projected to Reach $114.5 Billion by 2031

E-Waste Management Market - 2024-2031 Meticulous Research a leading global market research company, published a research 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. Download Free Sample Report@ https://www.meticulousresearch.com/download-sample- report/cp_id=5003?utm_source=blog&utm_medium=social&utm_campaign=product&utm_co ntent=09-10-2024 According to the latest publication from Meticulous Research , the global e-waste management market is projected to reach $114.5 billion by 2031, growing at a CAGR of 8.3% from 2024 to 2031. This market growth is driven by the shortened lifecycle of electronic devices, increasing e-waste generation, stringent government regulations for e-waste management, and rising consumer awareness about improper e-waste disposal. Additionally, the market is expected to benefit from increasing government initiatives for e-waste management and continuous advancements in e-waste recycling technologies. However, illegal e-waste dumping and the lack of a proper disposal system in ASEAN markets pose significant challenges to market growth. The global e-waste management market is segmented by method, waste source, and material. The report also evaluates the competitive landscape and analyzes the market at the regional and country levels. Market Segmentation: 1.Method: oRecycling & Reuse oDispose/Trash (sub-segmented into landfill and incineration) The recycling & reuse segment is expected to account for the largest share of the market in 2024 and is projected to register the highest CAGR during the forecast period. This segment's large market share is attributed to the increasing need to recover valuable materials, such as metals (gold, silver, copper) and plastics, for reuse in manufacturing new products, the necessity to comply with recycling targets and standards, and the need to conserve natural resources, reduce energy consumption, and minimize pollution compared to disposal methods like landfilling or incineration. 2.Waste Source: oHousehold Appliances oIT & Telecom Equipment oConsumer Electronics (CE) oIndustrial Electronics (IE) oMedical Equipment Page 1 of 3 Meticulous Research| sales@meticulousresearch.com

E-Waste Management Market - 2024-2031 oOther Waste Sources The consumer electronics (CE) segment is expected to account for the largest market share in 2024, driven by growing awareness about the environmental impact of improper e-waste disposal, frequent upgrades and replacements of consumer electronics, a shift toward a circular economy to minimize waste, and increasing government regulations aimed at reducing e-waste. However, the household appliances segment is projected to register the highest CAGR during the forecast period due to the growing consumer demand for household appliances, increased awareness about the environmental impact of improper appliance disposal, and the disposal of old appliances to upgrade to newer and more energy-efficient models. 3.Material: oMetals (sub-segmented into non-ferrous metals and ferrous metals) oPlastic & Resins oOther Materials The metals segment is expected to account for the largest share of the market in 2024, driven by increasing demand for metals in various industries, rising prices of metals, the need to reduce the environmental footprint of metal production, and the recovery of valuable resources found in e- waste. However, the plastic & resins segment is projected to register the highest CAGR during the forecast period due to the need to recover valuable materials in electronic devices, reduce plastic waste, shift towards a circular economy model, advancements in plastic recycling technologies, and increasing government regulations promoting recycling. Geographic Analysis: The global e-waste management market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest market share, followed by Europe, North America, Latin America, and the Middle East & Africa. The region is projected to register the highest CAGR during the forecast period. This large market share is attributed to the implementation of policies and initiatives to reduce e-waste toxic substances, a shift toward a circular economy, increasing awareness and concern for environmental sustainability, technological advancements in the electronics industry, concerns regarding depleting precious and rare earth metals, and a growing consumer electronics industry in the APAC region. Key Players: The key players 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.), and Veolia (France). Page 2 of 3 Meticulous Research| sales@meticulousresearch.com

E-Waste Management Market - 2024-2031 Buy Now@ https://www.meticulousresearch.com/Checkout/23226697?utm_source=blog&utm_medium=so cial&utm_campaign=product&utm_content=09-10-2024 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. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 Meticulous Research| sales@meticulousresearch.com