About E-waste Disposal
E-waste, also called as electronic waste and e-scrap, is the discarded electronic devices or trash generated from broken, surplus and obsolete e-devices. E-waste, or electronic waste, refers to discarded electrical or electronic devices. From used smartphones and laptops to old TVs and refrigerators, e-waste is one of the fastest-growing waste streams globally. e-waste is not just trash; it's a valuable resource that can be recycled and reused. By implementing these strategies, the e-waste disposal market can not only grow but also contribute to a more sustainable future. Remember, responsible e-waste management is crucial for protecting our environment and preserving valuable resources for future generations.
|Value (USD Million)
The e-waste disposal market is expected to continue growing at a rapid pace in the coming years. There are significant opportunities for companies that can develop innovative and sustainable solutions for e-waste management. With increasing regulations, public awareness, and technological advancements, the competitive landscape is likely to become even more dynamic and diverse. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global E-waste Disposal market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sims Recycling Solutions (United Kingdom), Eletronic Recyclers International (United States), Kuusakoski (Finland), Umicore (Belgium), Waste Management Inc. (United States), Global Electric Electronic Processing (GEEP) (Canada), Hunan VARY Tech Co. Ltd. (China), Universal Recycling Technologies LLC (URT) (United States), Electrocycling (Germany), Cimelia Resource Recovery Pte Ltd. (Singapore), Veolia (France) and Dynamic Recycling (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Enviro-Hub Holdings (Singapore), E-Parisaraa (India), Environcom England Ltd (United Kingdom), Sage Sustainable Electronics (United States) and Integrated Recycling Technologies, Inc. (IRT) (United States).
AMA Research has segmented the market of Global E-waste Disposal market by , Application (Recycling, Landfilling, Incineration and Others) and Region.
On the basis of geography, the market of E-waste Disposal has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material , the sub-segment i.e. Metal will boost the E-waste Disposal market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source Type, the sub-segment i.e. Infocomm Technology (ICT) Equipment (Computers, Laptops, Mobile Phones, Other) will boost the E-waste Disposal market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
New Product Launches with Updated Features and Additional Services
Market Growth Drivers:
A scarcity of Precious Metals, High Rate of Obsolescence of Electronic Gadgets and Increasing Number of Initiatives by Various Organizations Coupled with Formation of Strict Regulatory Frameworks
High Initial Investment and Lack of Proper Infrastructure Especially in Developing Economies
Low Awareness in Both Developed and Developing Regions Would Slow the E-Waste Management Activities and Less Number of E-Waste Collection Zones
Ongoing Sale of Electronics Products Worldwide
Market Leaders and their expansionary development strategies
In November 2023, Apple collaborates with recycling company, Li-Cycle, to invest in new battery recycling facilities in North America and Europe, boosting their ability to responsibly extract and reuse resources from used batteries.
In September 2023, U.S. startup, Redwood Materials, opens the world's largest lithium-ion battery recycling facility in Nevada, significantly increasing available battery recycling capacity.
The California Electronic Waste Recycling Act requires retailers to collect a recycling fee from the buyer at the time of purchase of a video display device containing a screen greater than 4 inches, measured diagonally, such as computer monitors, laptops, and TVs with CRT, LCD, or plasma displays. Fees are deposited in an account managed by the Board of Equalization and paid out to recyclers upon approval of a payment claim. The act also regulates exporting of CRT materials or electronic devices
Key Target Audience
HouseHolds, Buisness and Institutes, Government and Regulation Bodies, Potential Investors and Others
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.