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.’
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According to a recent report 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. Key factors driving this growth include the shortened lifecycle of electronic devices, rising e-waste generation, stricter government regulations for e-waste management, and increasing consumer awareness of the environmental hazards associated with improper disposal. Additionally, advancements in recycling technologies and government initiatives for better waste management are expected to boost the market. However, illegal dumping and the absence of a robust disposal infrastructure in ASEAN markets remain key challenges.
The market is segmented by method, waste source, and material. In 2024, the recycling & reuse segment is expected to dominate, driven by the need to recover valuable materials like metals and plastics and meet sustainability goals. Consumer electronics (CE) will likely account for the largest share of e-waste, while household appliances are projected to grow at the highest rate. The metals segment is set to hold the largest share due to the recovery of valuable resources, with plastics seeing the fastest growth thanks to advancements in recycling technologies.
Geographically, Asia-Pacific is expected to lead the market by 2024 and register the highest growth rate, driven by a combination of policies aimed at reducing e-waste and the region’s booming consumer electronics industry. Notable players in the e-waste management industry include ERI (U.S.), Aurubis AG (Germany), Sims Limited (U.S.), and Umicore (Belgium).
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