E-Waste refers to discarded electronic or electrical devices. These can be computers, cell phones, cameras, printers, faxes, personal digital assistants (PDAs), and other electronic gadgets. Used computers that are destined for onward resale, recycling, reuse, repair, or disposal by individuals are considered electronic waste. Cell phones that have a functioning camera on them are considered cell phone battery waste, as they can potentially cause fires if not disposed of properly. Both of these batteries contain dangerous chemicals that can be harmful to the environment. Some states have passed laws requiring businesses to dispose of electronic waste in an environmentally sound manner. This is important because e-waste has the potential to pollute the soil, water, and air over a long period of time. To reduce the effects of e-waste, it is advisable to dispose of products that can still have a useful life in an environmentally sound manner.
Market Dynamics
Availability of valuable substances in e-waste is expected to boost the global e-waste recycling and reuse services market growth over the forecast period. E-waste is comprised of numerous valuable metals including copper, gold, iron, silver, and platinum. These metals are then recovered and reused for different purposes. This, in turn, has increased the demand for e-waste reusing services worldwide. Thus, such factors are expected to boost the market growth over the forecast period.
Moreover, growing awareness regarding the conservation of the environment and health is expected to accelerate growth of the global e-waste recycling and reuse services market in the near future.
Key features of the study:
- This report provides in-depth analysis of the e-waste recycling and reuse services market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global e-waste recycling and reuse services market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Tetronics Ltd, Stena Techno world, CRT Recycling Inc., UMICORE SA, Global Electric Electronic Processing Inc., Sims Recycling Solutions, MBA Polymers Inc., Cimelia Resource Recovery, and Electronic Recyclers International Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global e-waste recycling and reuse services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global e-waste recycling and reuse services market
Detailed Segmentation:
- Global E-waste Recycling and Reuse Services Market, By Source
- Household appliances
- Refrigeration
- Consumer and Lighting Equipment’s
- Other Household Appliances
- IT and telecommunications
- Computers and Computer Peripherals
- Cellular Phones
- Others
- Entertainment Devices
- Music Systems
- Televisions
- Others
- Global E-waste Recycling and Reuse Services Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Tetronics Ltd*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Stena Techno world
- CRT Recycling Inc.
- UMICORE SA
- Global Electric Electronic Processing Inc.
- Sims Recycling Solutions
- MBA Polymers Inc.
- Cimelia Resource Recovery
- Electronic Recyclers International Inc.