Industries > Electronics > E-waste Management Market Report 2020-2030
E-waste Management Market Report 2020-2030
E-waste Management Market Report 2020-2030: By Processes Material (Metal, Plastic, Glass, Others), by Source (Industrial Electronics (IT & Telecom Equipment and Medical Equipment), Consumer Electronics (Household Appliances, Handheld Electronics, IT Accessories, IT Equipment and PCBS), Others), by Application (Disposal and Recycle), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and Industry Trends
Globally, the use of electronic gadgets and electronic equipment has doubled, due to which e-waste or electronic waste has mounted exponentially. Televisions, tablets, computers, refrigerators, mobile phones, digital cameras, washing machines, dryers, home entertainment systems, stereo systems, kettles and toasters come with battery supply, circuitry, and electronic components. Thus, e-waste is growing and with it the concern about how this waste is being disposed of and recycled. Due to the release of toxic chemicals into the atmosphere, health hazards have amplified the need for effective e-waste management techniques. As a result of which the e-waste management market is anticipated to flourish in the years to come.
Market Drivers
– Increasing use of electronic gadgets due to digitalization
– Growing adoption of smart home appliances
– New policies by government regarding e-waste management
– Growing awareness about the harmful effects of e-waste
Market Restraints
– High costs associated with e-waste recycling
High initial cost to setup machinery
E-waste Management Market
Category: Energy & Natural Resources
Base year: 2019
Forecast Period: 2020-2030
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CCR Ref number: KD4R6
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