The global E-waste management market reached a value of US$ 54.78 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 117.3 Billion by 2027, exhibiting a CAGR of 13.10% during 2022-2027.
E-wastes are generated from disposed and discarded electrical and electronic equipment (EEE), including ridges, digital cameras, dryers, computers, electrical components, televisions, tablets, kettles, washing machines, etc. They comprise of various toxic substances and precious metals, such as gold, mercury, platinum, cadmium, gallium, lead, silver, beryllium, indium, etc. E-waste management involves the recycling, disposing, reusing, and reselling of discarded electronic wastes to refurbish them into valuable products. It aids in minimizing wastes, protecting human and environmental health, saving landfill space, and reducing pollution and carbon footprint, greenhouse gas (GHG) emissions, natural resource depletion, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/e-waste-management-market/requestsample
E-Waste Management Market Trends and Drivers:
The expanding consumer electronics sector is primarily driving the e-waste management market. In line with this, continuous technological advancements and the launch of new product variants are propelling the rates of disposal of old electronics, which, in turn, is further catalyzing the market growth.
Moreover, the integration of artificial intelligence (AI) and machine learning (ML) solutions to identify, sort, and categorize the wastes is acting as another significant growth-inducing factor. In addition to this, the scarcity of precious metals is catering to the need for e-waste management for manufacturing new devices from recycled components with a reduced carbon footprint, which is also augmenting the global market.
Furthermore, the rising demand for premium-priced electronic devices and the implementation of several stringent regulations by government bodies to increase awareness towards modern waste management practices are expected to fuel the e-waste management market in the coming years.
Global E-Waste Management Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://bit.ly/3jtfrzQ
The report has segmented the market on the basis of region, material type, source type and application.
Free Inquire Before Buying: https://www.imarcgroup.com/request?type=report&id=5322&flag=F
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us: IMARC Services Private Limited. 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800