Global E-Waste Recycling and Reuse Services Market
Global E-Waste Recycling and Reuse Services Market was valued at USD 1,490.3 million in 2021 and is expected to reach USD 2,461.5 Million at a CAGR of 7.5% over the forecast period (2021-2028).
E-waste or electronic waste or waste electrical & electronic equipment is a discarded electric and equipment. Consumer electronic products like PC monitors, cell phones, computer equipment, and stereos are some of the major sources of e-waste. Items that contain numerous electrical components generate the largest amount of e?waste. Years of R&D, multiple product generations as well as consumer’s willingness to upgrade creates a constant supply of this type of waste.
Market Drivers
The increase in environmental & health concerns are expected to boost the global e-waste recycling and reuse services market growth over the forecast period. E-waste (Electronic waste) is comprised of various components including toxic substances that affect human health. Many times, these components are not disposed of properly. An item like cadmium is a carcinogen & also rapidly worsens soil health causing flow-on effects to local ecosystems, it is also released in the atmosphere if burnt. Lead has a well-documented history of its hazardous effects. Various environmental organizations like Greenpeace have created a huge level of awareness amongst the public. As a result, governments of several nations worldwide have created their own sets of rules ®ulations for efficient management of e-waste.
Furthermore, limited shelf life of electronic products is expected to propel the growth of global E-waste recycling and reuse services market. All electric & electronic consumer products have limited shelf life which depends upon the usage & the consequent wear & tear of these gadgets. The wear & tear of the products thus play an important role in the shelf life. With the advent of technology & innovation, the average shelf life of all the white goods has become limited. For instance, the average shelf life of a mobile handset is around 18 months. The demand for mobile phones is growing, thus the sales are also increasing
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Market Restraints
High cost of e-waste management is expected to hinder the growth of global e-waste recycling and reuse services market over the forecast period. Also, High labor & environmental control cost requirements may hamper the e-waste recycling. Enterprises had not taken e-waste management seriously due to high costs.
Market Segmentation
The Global E-Waste Recycling and Reuse Services Market is segmented into material such as Metals& Chemicals, Plastics, Glass, and Others, by source such as Household Appliances (Refrigeration, Consumer and Lighting Equipments, Other Household Appliances), IT and telecommunications (Computers and Computer Peripherals, Cellular Phones, Others), Entertainment Devices (Music Systems, Televisions, Others).
Also, the market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, Middle East & Africa.
Key Players
Tetronics Ltd, Electronic Recyclers International Inc., Cimelia Resource Recovery, MBA Polymers Inc., Sims Recycling Solutions, Global Electric Electronic Processing Inc., UMICORE SA, CRT Recycling Inc., Stena Techno world, etc.
Market Taxonomy
By Material
By Source
By Region
Key Questions Addressed by the Report
Global E-Waste Recycling and Reuse Services Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global E-Waste Recycling and Reuse Services Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global E-Waste Recycling and Reuse Services Market, By Material
5.1 Y-o-Y Growth Comparison, By Material
5.2 Global E-Waste Recycling and Reuse Services Market Share Analysis, By Material
5.3 Global E-Waste Recycling and Reuse Services Market Size and Forecast, By Material
5.3.1 Metals & Chemicals
5.3.2. Plastics
5.3.3. Glass
5.3.4. Others
6 Global E-Waste Recycling and Reuse Services Market, By Source
6.1 Y-o-Y Growth Comparison, By Source
6.2 Global E-Waste Recycling and Reuse Services Market Share Analysis, By Source
6.3 Global E-Waste Recycling and Reuse Services Market Size and Forecast, By Source
6.3.1 Household Appliances
6.3.2 IT and telecommunications
6.3.3. Entertainment Devices
7 Global E-Waste Recycling and Reuse Services Market, By Region
7.1 Global E-Waste Recycling and Reuse Services Market Share Analysis, By Region
7.2 Global E-Waste Recycling and Reuse Services Market Share Analysis, By Region
7.3 Global E-Waste Recycling and Reuse Services Market Size and Forecast, By Region
8 North America E-Waste Recycling and Reuse Services Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America E-Waste Recycling and Reuse Services Market Share Analysis, By Product
8.3 North America E-Waste Recycling and Reuse Services Market Size and Forecast, By Source
8.5 North America E-Waste Recycling and Reuse Services Market Size and Forecast, By Country
8.5.1 U.S.
8.5.2 Canada
8.5.3 Mexico
9 Europe E-Waste Recycling and Reuse Services Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe E-Waste Recycling and Reuse Services Market Share Analysis, By Product
9.3 Europe E-Waste Recycling and Reuse Services Market Size and Forecast, By Source
9.5 Europe E-Waste Recycling and Reuse Services Market Size and Forecast, By Country
9.5.1 Germany
9.5.2 France
9.5.3 UK
9.54. Rest of Europe
10 Asia Pacific E-Waste Recycling and Reuse Services Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific E-Waste Recycling and Reuse Services Market Share Analysis, By Product
10.3 Asia Pacific E-Waste Recycling and Reuse Services Market Size and Forecast, By Source
10.5 Asia Pacific E-Waste Recycling and Reuse Services Market Size and Forecast, By Country
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4. Rest of Asia Pacific
11 Latin America E-Waste Recycling and Reuse Services Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America E-Waste Recycling and Reuse Services Market Share Analysis, By Product
11.3 Latin America E-Waste Recycling and Reuse Services Market Size and Forecast, By Source
11.5 Latin America E-Waste Recycling and Reuse Services Market Size and Forecast, Country
11.5.1. Brazil
11.5.2. Rest of Latin America
12 Middle East E-Waste Recycling and Reuse Services Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East E-Waste Recycling and Reuse Services Market Share Analysis, By Product
12.3 Middle East E-Waste Recycling and Reuse Services Market Size and Forecast, By Source
12.5 Middle East E-Waste Recycling and Reuse Services Market Size and Forecast, By Country
12.65.1. Saudi Arabia
12.5.2. UAE
12.5.3. Egypt
15.5.4. Kuwait
12.5.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Tetronics Ltd
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Electronic Recyclers International Inc.
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Cimelia Resource Recovery
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 MBA Polymers Inc.
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Sims Recycling Solutions
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Global Electric Electronic Processing Inc.
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 UMICORE SA
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 CRT Recycling Inc.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Stena Techno world
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies