“The Electronic Waste Management Market is valued at US$ 70 billion in 2023 and is likely to grow at a steady CAGR of 11% in the long run to reach US$ 147.4 billion in 2030.”
Market Dynamics
Introduction
E-waste management is intended to be a systematic process of collecting, sorting and properly disposing obsolete or non operable electronic devices. This is so because with the increased rate at which technology is being developed electronic devices become obsolete within a short time leading to increased e-waste. This kind of waste mostly consists of lead and mercury both of which are dangerous and harmful to the environment in case they are not well disposed. The risks posed by these dangers are prevented by proper e-waste management in addition to make an attempt to recover useful materials such as metals and plastics, lowering the demand for new resources in conformity with a circular economy model of resource reuse.
The main drivers of market growth include:
- Technological Advancements: Rapid innovation results in shorter product lifecycles, leading to increased e-waste generation and a need for effective disposal solutions.
- Environmental Concerns: Growing awareness of health risks associated with hazardous materials in e-waste drives demand for responsible recycling and disposal methods.
- Resource Recovery: E-waste contains valuable metals and materials, providing opportunities for recovery, reducing reliance on virgin resources, and promoting sustainable practices.
Recent Market JVs and Acquisitions:
Strategic Alliances including M&As, JVs, etc. have been performed over the past few years:
- In May 2024, Tadweer Group and Dubal Holding acquired Enviroserve, an e-waste management firm, enhancing their capacity to manage electronic waste and aligning with global sustainability goals.
- In January 2020, Sembcorp Industries, through its subsidiary SembWaste, acquired Veolia ES Singapore's public cleaning business, boosting Sembcorp's e-waste management capabilities.
Market Segments' Analysis
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Segmentations
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List of Sub-Segments
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Segments with High Growth Opportunity
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Type
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Metals, Plastic, & Glass
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Metals will continue to uphold its position in the market.
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Source
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Consumer Electronics, & Industrial Electronics
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Consumer Electronics to maintain & grow significantly in the forecast period.
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Application
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Disposal, Recycle
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Recycle will remain the leading application.
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Region-Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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Asia Pacific region will hold the largest share globally in the Electronic Waste Management Market.
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By Type
"Metals are poised to maintain their significant market position moving forward."
- The Type for Electronic Waste Management Market is segmented into Metals, Plastic, & Glass
- The Metal segment had the largest market share in 2023 and is growing with a steady CAGR.
- The plastic has unique properties, so growth is expected.
By Source
“Consumer electronics are expected to maintain their market share."
- The Source segment of the Electronic Waste Management Market is segmented into Consumer Electronics, & Industrial Electronics
- Consumer Electronics will maintain its market share and grow significantly in the forecast period.
- The Industrial Electronics is expected to retain its market share moving forward.
By Application
“Recycling segments are expected to grow exponentially while maintaining their market share.”
- The End-Use segment of the Electronic Waste Management Market is segmented into Disposal & Recycle
- The Recycle segment is anticipated to lead the market, holding the largest share due to its pivotal role.
- The Disposal segment is anticipated to decline in the coming years.
Regional Analysis
“The Electronic Waste Management Market sector in Asia Pacific will be the largest shareholder in the market, and is expected to maintain its share in coming years.”
- Asia Pacific will maintain its presence in Electronic Waste Management due to its robust industry and technological innovation.
- The North American region’s Electronic Waste Management Market is expected to grow significantly and faster than others.
- Europe's presence in this market can improve with innovations.
Key Players
The Market is highly fragmented with the presence of under 100 players across the region. Most of the major players compete in some of the governing factors including price, service offerings, regional presence, etc. The following are the key players in the Electronic Waste Management Market.
Here is the list of the Top Players (Based on Dominance)
- Aurubis AG
- Umicore
- Sims Lifecycle Services
- Tetronics International
- Enviro-Hub Holdings Ltd
- Electronic Recyclers International
- Global Electric Electronic Processing)
- Veolia Environment S.A.
- Stena Metall Group
- E-Parisaraa Pvt. Ltd.
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Report Features
This report provides Market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into Market dynamics and will enable strategic decision-making for existing Market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive Market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The global Electronic Waste Management Market is segmented into the following categories.
Electronic Waste Management Market, by Type
- Metals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Glass (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Electronic Waste Management Market, By Source
- Consumer Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Industrial Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Electronic Waste Management Market, by Application
- Disposal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Recycle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Electronic Waste Management Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Electronic Waste Management Market realities and future Market possibilities for the forecast period.
- The report segments and analyses the Market in the most detailed manner to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for Market participants as well as investors in the identification of the low-hanging fruits available in the Market as well as to formulate growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary End Users, such as company annual reports, fact bos, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 15 detailed primary interviews with Market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to Market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
