Bharat Book Bureau Provides the Treding Market Research Report on "Global E-Waste Management Market 2021-2028" under Heavy Industry Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.
According to Report, the Global E-Waste Management Market is expected to display a positive market trend over the forecasting period 2021-2028. In this period, it will exhibit a CAGR of 12.45% in terms of revenue and 5.55% in terms of volume.
The scarcity of sources of precious metals is one of the leading factors driving the market growth. Also, the reduction in the lifespan of electronic devices and the high rate of obsolescence due to this are contributing to this growth.
However, factors such as the increased recycling costs owing to the inadequacy of infrastructure are majorly hindering the growth of the e-waste management market. In addition, the low awareness in developed regions and less e-waste collection zones, along with the reduction in workforce and illegal export of e-waste to developing countries, are creating hurdles in the growth path.
The global market for e-waste management spans across the regions of the Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa.
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The Latin American market is anticipated to grow the fastest globally over the forecasted period. In recent years, there has been a rise in the adoption of mobile phones in the region. And also, internet usage is increasing continuously. These factors are creating increased e-waste. Apart from this, rapid advancements in technology and the frequent switching to newer, advanced products by consumers are collectively adding to the volume of e-waste in the region.
Latin America also boasts of having the fastest growth in internet users compared to any other region in the world, which is resulting in the adoption of both mobile phones and computers among people. All these factors are fueling the e-waste management market to grow further in the projected phase.
Some of the companies having their presence in the e-waste management market include ERI, Sims Metal Management Limited, Aurubis AG, Lifespan Recycling Co Inc, Stena Metall, Tetronics (International) Limited, Eniro-Hub Holdings Ltd, Boliden Group, Umicore SA, and MBA Polymers Inc.
Aurubis AG is a company operating copper refining and smelting facilities. It is mainly engaged in the production of copper rods that are used for manufacturing power cables, building wires, and other wiring used in electrical applications. The company also produces billets & bars, copper cakes, and cathodes. In addition, it markets chemicals, precious metals, and other metals that are by-products of copper smelting. Aurubis AG operates through its subsidiaries located in Germany, Russia, Sweden, Bulgaria, the United States, and Hong Kong. In May 2019, Aurubis acquired Metallo Group, which is a Belgian-Spanish recycling and refining company.
TABLE OF CONTENTS
GLOBAL E-WASTE MANAGEMENT MARKET - SUMMARY
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. RECOGNITION OF THE NEED TO PREVENT BIOLOGICAL HAZARDS
2.2.2. INCREASE IN E-WASTE GENERATION
2.2.3. INCREASE IN DEMAND FOR A SKILLED WORKFORCE
2.3. IMPACT OF COVID-19 ON E-WASTE MANAGEMENT
2.4. PORTER’S FIVE FORCES ANALYSIS
2.4.1. THREAT OF NEW ENTRANTS
2.4.2. THREAT OF SUBSTITUTE
2.4.3. BARGAINING POWER OF BUYERS
2.4.4. BARGAINING POWER OF SUPPLIERS
2.4.5. THREAT OF COMPETITIVE RIVALRY
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. VALUE CHAIN ANALYSIS
2.8. MARKET DRIVERS
2.8.1. REDUCTION IN THE LIFESPAN OF ELECTRONIC DEVICES
2.8.2. SCARCITY OF SOURCES OF PRECIOUS METALS
2.8.3. HIGH RATE OF OBSOLESCENCE
2.9. MARKET RESTRAINTS
2.9.1. INCREASE IN RECYCLING COST INCURRED DUE TO INADEQUACY OF INFRASTRUCTURE
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