The E-waste Disposal Market is Predict to reach USD 172.1 Billion by 2031, at a CAGR of 13.4%

E-waste Disposal Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global E-waste Disposal Market size is expected to reach $172.1 billion by 2031, rising at a market growth of 13.4% CAGR during the forecast period.

The Metal segment is leading the Global E-waste Disposal Market by Material in 2023; thereby, achieving a market value of $78.3 billion by 2031. Metals such as gold, silver, copper, and palladium are commonly found in electronic devices and have significant value. Recycling these metals helps recover valuable resources and reduces the need to mine new metals, which can have detrimental environmental impacts. Many countries have regulations and directives that promote or require the recycling of e-waste, including the recovery of metals. Compliance with these regulations is essential for sustainable waste management practices.

The IT & Telecommunication segment is experiencing a CAGR of 13.7% during (2024 - 2031). The IT and telecommunication industries are characterized by rapid technological advancements, leading to frequent upgrades and replacements of devices such as computers, servers, routers, switches, smartphones, and networking equipment. This results in a substantial volume of e-waste generated from these sectors. IT and telecommunication equipment often contain many materials, including metals, plastics, semiconductors, and electronic components. Proper disposal and recycling of these materials require specialized processes to recover valuable resources and manage hazardous substances safely.

Full Report: https://www.kbvresearch.com/e-waste-disposal-market/

The Asia Pacific region dominated the Global E-waste Disposal Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $70.7 billion by 2031. The North America region is anticipating a CAGR of 13% during (2024 - 2031). Additionally, The Europe region would exhibit a CAGR of 13.2% during (2024 - 2031).

List of Key Companies Profiled

• Sims Limited
• Umicore N.V.
• Boliden AB
• MBA Polymers Inc
• Tetronics Technologies Limited
• Veolia Environnement S.A.
• Desco Electronic Recyclers
• Electronic Recyclers International, Inc.
• Stena Metall AB
• AURUBIS AG

E-waste Disposal Market Report Segmentation

By Material

• Metal
• Plastic
• Glass
• Others

By Source

• Consumer Electronics
• IT & Telecommunication
• Household Appliances
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America E-waste Disposal Market Size, Share 2031

• May-2024
• 102 Pages

LAMEA E-waste Disposal Market Size & Forecast to 2031

• May-2024
• 108 Pages

Europe E-waste Disposal Market Size, Trend Report 2031

• May-2024
• 109 Pages

Asia Pacific E-waste Disposal Market Size & Share 2031

• May-2024
• 109 Pages