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Global Electronic Waste (E-Waste) Management Market - Forecasts from 2022 to 2027

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    Report

  • 128 Pages
  • December 2022
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5716743
The global electronic waste management market is estimated to be valued at US$3.916 billion in 2020.

The waste material created by abandoned electronic devices is referred to as e-waste or electronic garbage. E-waste management is the process of setting up a value chain to ensure the collection, recycling, and disposal of e-waste. The primary force behind the market's growth is the shorter lifespan of electrical, electronic, and consumer electronics goods. Another factor promoting industry expansion is the requirement to adopt cutting-edge technologies. The biggest barrier is that many regions of the world have insufficient e-waste management systems.

The accelerated rate of obsolescence and Low-cost of recovered raw material is to boost the growth of the electronics waste management market.

Electronic devices occasionally need to be updated or fixed due to their nature. This is one of the main causes of the creation of e-waste. A new electronic device is less expensive than one that needs to be repaired. There is a growing trend toward purchasing new products rather than fixing existing ones. This faster rate of obsolescence is the root cause of the current huge e-waste creation. Greater opportunities for managing e-waste are envisaged in developing nations with strict regulatory frameworks and activities from electronic device manufacturers. E-waste contains rare and valuable metals like silver, gold, palladium, platinum, indium, and gallium. Consumer electronics, IT, and communication equipment are all produced using these uncommon elements. Due to their rarity, the products made from these metals are pricey. This has raised the need for metal-based technology to be recycled, repaired, and reused. These problems undoubtedly motivate producers of electronic goods to search recovered e-waste for raw materials. By reducing greenhouse gas emissions, countries are able to reduce the risks brought on by global warming.

Additionally, governments launch a number of programs to stop the manufacturing of e-waste. For instance, the Indian government started enforcing regulations on electronic-waste treatment for end users, wholesalers, dismantlers, and other parties in charge of transferring, selling, manufacturing, and processing equipment. These elements are anticipated to fuel the e-waste management market's expansion.

Key Developments:

  • Feb 2022: Construction company SK ecoplant in South Korea has purchased eWaste & IT Asset Disposal (ITAD) company TES. A contract was inked by the building division of the South Korean conglomerate SK Group to buy the Singapore-based sustainable technology lifecycle solutions company outright for about $1 billion. Since 2013, TES has been a part of the Navis Capital Partners portfolio and provides IT equipment manufacturers with eWaste management solutions as well as ITAD, recycling, and data centre decommissioning services. More than 40 recycling facilities are owned by it globally. According to SK ecoplant, the acquisition will enable it to expand its waste management services and get the business closer to a zero-waste goal.
  • Oct 2022: European Metal Recycling (EMR), a multinational recycling company with its headquarters in the U.K., has announced the opening of a third UK facility at its EMR Duddeston location in the heart of Birmingham. The platform will enable British firms to eliminate postindustrial plastic waste from their production processes and buy back low-carbon recycled materials, establishing a closed-loop supply chain. The company is currently working to establish a national network to gather additional plastic from postindustrial manufacturing, automotive shedder residue, and waste electronics and electrical equipment (WEEE). By 2030, MBA Polymers UK hopes to create 100,000 metric tonnes of recycled plastic per year; the Duddeston site is expected to contribute between 13,000 and 15,000 metric tonnes to that total.

Product Offerings:

  • Boliden's Rönnskär smelter: The Boliden's Rönnskär smelter in northern Sweden is one of the largest recyclers of metal from electronic waste in the world. The electronic material is sampled and shredded before being transferred to a Kaldo furnace that Boliden has particularly designed for melting electronic material. The smelting process is carried out in a furnace that consists of a leaning cylinder that spins to distribute heat evenly. After being smelted, black copper is fed to the facility's main smelter flow for further refining to recover copper and precious metals. At the Rönnskär smelting, cutting-edge technologies for cleaning process gases and purifying water have been implemented. Rönnskär also features a second mercury filtration stage. Steam is created when the plastic used to construct electronic components is melted. After that, this steam can be used to produce electricity or district heating.
  • Tetronics' plasma recovery technology Service: Tetronics' plasma recovery technology offers a localized yet global solution for collecting important precious metals from eWaste. Plasma is an ionized or electrically charged gas. It is frequently referred to as the fourth state of matter, meaning that when energy is given to a solid (first state), it turns into a liquid (second state), a gas (third state), and finally dissociates to create plasma. This guarantees the high-value recovery of precious metals and gold from electronic waste and also gives the technological know-how and practical experience necessary to get rid of the harmful chemicals it contains. By accomplishing this, the recycling and recovery process for electronic trash has outstanding reputations in both the business and environmental spheres.

Market Segmentation:

  • By Material Recovery
  • Plastic
  • Glass
  • Metal
  • Others
  • By Recycler Type
  • Metal recycler
  • Plastic Recycler
  • Glass Recycler
  • Printed Circuit Board Cycler
  • By Source Type
  • Communication and Technology
  • Consumer Electronics
  • Others
  • By Geography
  • North America
  • USA
  • Mexico
  • Canada
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Others
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Others
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Taiwan
  • Thailand
  • Indonesia
  • Others

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation

2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. GLOBAL ELECTRONIC WASTE (E-WASTE) MANAGEMENT MARKET BY MATERIAL RECOVERY
5.1. Introduction
5.2. Plastic
5.3. Glass
5.4. Metal
5.5. Others

6. GLOBAL ELECTRONIC WASTE (E-WASTE) MANAGEMENT MARKET BY RECYCLER TYPE
6.1. Introduction
6.2. Metal Recycler
6.3. Plastic Recycler
6.4. Glass Recycler
6.5. Printed Circuit Board Recycler

7. GLOBAL ELECTRONIC WASTE (E-WASTE) MANAGEMENT MARKET BY SOURCE TYPE
7.1. Introduction
7.2. Communication and Technology
7.3. Consumer Electronics
7.4. Others

8. GLOBAL ELECTRONIC WASTE (E-WASTE) MANAGEMENT MARKET BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. USA
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. Germany
8.4.2. France
8.4.3. United Kingdom
8.4.4. Italy
8.4.5. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Israel
8.5.4. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. Japan
8.6.3. India
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Thailand
8.6.7. Indonesia
8.6.8. Others

9. COMPETITIVE INTELLIGENCE
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES
10.1. Tetronics Environmental Waste Management
10.2. Umicore
10.3. Boliden Group
10.4. Mba Polymers
10.5. Aurubis AG
10.6. Sims Lifecycle Services, Inc.
10.7. Ecoreco Ltd.
*List is not exhaustive

Companies Mentioned

  • Tetronics Environmental Waste Management
  • Umicore
  • Boliden Group
  • Mba Polymers
  • Aurubis AG
  • Sims Lifecycle Services, Inc.
  • Ecoreco Ltd.