Global E-Waste Management Industry Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +22%. The base year considered for the study is 2019 and the forecast period considered is 2019 To 2022.
Pune, India -- (SBWIRE) -- 03/02/2019 -- E-Waste Management Market Overview. Global E-Waste Management Market is expected to garner $49.4 billion by 2022, registering a CAGR of +22% during the forecast period 2019 - 2022. Market players are taking measures to recycle the E-Waste in order to reduce the pollution and environmental hazards caused by it.
According to the United Nations' estimate of E-waste production, the world produced about 50 million tonnes of E-waste in 2018, an average of 15 pounds per person worldwide. In 2012, the United Nations also announced that Britain produced 1.3 million tons of electronic waste. China produced 11.1 million tons of electronic waste, followed by the United States in 2018, 10 million tons.
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The major strategy utilized followed by partnership.: For instance, Stena Metall AB, Enviro-Hub Holdings Ltd., Boliden AB have established new facilities at different location to expand their presence.
The need for efficient scrap management technology is increasing as health risks such as bronchitis, kidney damage and Wilson's disease are increasing due to improper release of toxic substances from electronic scrap and incineration. The presence of precious metals such as gold, silver, platinum and gallium also makes electronic scrap recycling an attractive and viable option. These factors can have a positive impact on market growth.
Processed Material Outlook (Volume, Million Metric Tons, 2019 - 2022)
Metal
Copper
Steel
Others
Plastic
Glass
Others
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Source Outlook (Volume, Million Metric Tons, 2019 - 2022)
Industrial Electronics
IT & Telecom Equipment
Datacenters
Networking Cards/Equipment
Digital Boards
Others
Medical Equipment Equipment
Monitoring and Control Equipment
Others
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Global E-Waste Management Market: Regional Segment Analysis
North America
Europe
China
Japan
Southeast Asia
India
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
The region wise study of global market is conducted to closely examine the effects of E-Waste in every country. The regions analyzed are North America, Europe, Asia-Pacific and LAMEA. North America generates the largest revenue for the global market.