Press release
E-Waste Management Market Forecast (2024-2030) Key Drivers, Regional Trends, and Growth at 12.9% CAGR
E-Waste Management Market
The global e-waste management market is projected to experience robust growth, driven by increasing environmental awareness, stringent regulatory frameworks, and the growing volume of electronic waste generated globally. According to Maximize Market Research, the market size was valued at USD 49.6 billion in 2023 and is expected to grow at a CAGR of 12.3%, reaching USD 112.5 billion by 2030. This press release explores key country-specific developments, mergers, and acquisitions, along with trends shaping the e-waste management landscape in major regions, including Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/188520/
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam is emerging as a significant player in the e-waste management sector, with a growing focus on environmental protection. Recent government policies promoting waste recycling and private sector involvement have accelerated the development of this industry. Vietnam Recycles, a notable initiative, has partnered with leading electronics companies to enhance collection and recycling processes. The country's e-waste generation is projected to grow by 8.7% annually, creating lucrative opportunities for local and international players.
๐-๐๐๐ฌ๐ญ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's e-waste management market is witnessing growth due to increased consumer awareness and government-led initiatives. The Electronics Recycling (eRecycle) program by TES-AMM Thailand has streamlined recycling operations, while the Thai government is actively enforcing e-waste disposal laws. Thailand's market is expected to expand at a CAGR of 9.1%, fueled by technological advancements in recycling methods.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐-๐๐๐ฌ๐ญ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ
Japan's advanced technological ecosystem and strong regulatory framework have placed it at the forefront of e-waste management. The Home Appliance Recycling Law mandates manufacturers like Panasonic and Sony to take responsibility for recycling end-of-life products. Japan's innovative recycling techniques, including rare earth metal recovery, are setting global benchmarks.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/188520/
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐ข๐ง๐'๐ฌ ๐-๐๐๐ฌ๐ญ๐ ๐๐๐ซ๐ค๐๐ญ
China, the largest generator of e-waste globally, is undergoing market consolidation with significant mergers and acquisitions. Companies like GEM Co. Ltd. and Chiho Environmental Group are driving large-scale recycling projects. The Chinese government's e-waste collection and treatment subsidies are fostering industry consolidation, leading to improved efficiency and environmental outcomes.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐-๐๐๐ฌ๐ญ๐ ๐๐จ๐ฅ๐ข๐๐ข๐๐ฌ
South Korea's e-waste management is being enhanced through updated policies and technologies. The Extended Producer Responsibility (EPR) system requires manufacturers such as LG Electronics and Samsung to play active roles in recycling. South Korea's adoption of AI-powered sorting systems is reducing recycling costs and increasing material recovery rates.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's e-waste management strategy focuses on innovation and public-private partnerships. The recently launched E-waste Recycling Initiative by ALBA Group emphasizes convenient consumer access to disposal points. Singapore's market is anticipated to grow at a CAGR of 10.4%, driven by the Smart Nation initiative and e-waste reduction campaigns.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/188520/
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐-๐๐๐ฌ๐ญ๐ ๐๐๐๐ญ๐จ๐ซ
The US e-waste management market is characterized by technological advancements and increased public participation. Major players like Sims Lifecycle Services and Electronic Recyclers International are investing in AI and robotics for efficient recycling. Federal and state-level policies, such as the Responsible Electronics Recycling Act, are spurring sustainable practices.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐-๐๐๐ฌ๐ญ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Europe remains a leader in e-waste management due to its stringent regulations and advanced recycling technologies. Recent mergers, including Stena Recycling acquiring several regional recyclers, have strengthened market dynamics. The EU's WEEE Directive continues to influence sustainable e-waste practices across member states, ensuring consistent growth in the region.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐-๐๐๐ฌ๐ญ๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐จ๐ฌ๐ฌ ๐๐๐ ๐ข๐จ๐ง๐ฌ
Key recent developments in the e-waste management sector include partnerships between global tech companies and recycling firms, advancements in material recovery technologies, and increased governmental funding for e-waste initiatives. These developments are fostering innovation and efficiency in e-waste processing globally.
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/e-waste-management-market/188520/
๐-๐๐๐ฌ๐ญ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐ ๐จ๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐ ๐๐๐ฌ๐ญ๐
1. Computers
2. Mobile phones
3. Televisions
4. Other electronic devices
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐ ๐จ๐ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง
1. Residential
2. Commercial
3. Industrial sectors
๐๐ฒ ๐๐จ๐ฅ๐ฅ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ญ๐ก๐จ๐๐ฌ
1. Curb side collection
2. Drop-off centers
3. Collection events
๐๐ฒ ๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐๐ฌ
1. Mechanical recycling
2. Pyrometallurgical processes
3. Hydrometallurgical processes
๐๐ฒ ๐๐ง๐-๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ
1. IT and telecommunications
2. Healthcare
3. Consumer electronics
4. Automotive
๐๐ฒ ๐๐ก๐๐ง๐ง๐๐ฅ ๐จ๐ ๐๐ข๐ฌ๐ฉ๐จ๐ฌ๐๐ฅ
1. Recycling facilities
2. Landfills
3. Export
๐๐ฒ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ
1. Government entities
2. Recycling companies
3. Manufacturers
4. Consumers
๐-๐๐๐ฌ๐ญ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Sims Metal Management Limited (Australia)
2. Aurubis AG (Germany)
3. Boliden AB (Sweden)
4. Glencore International AG (Switzerland)
5. Umicore (Belgium)
6. Tetronics International (United States)
7. MBA Polymers (United States)
8. Stena Metall (Sweden)
9. Enviro-Logix (United States)
10. E-Waste Systems (United States)
11. Attero Recycling (India)
12. Goldilocks Environmental Services (Brazil)
13. Recycla (Chile)
14. SIMS Recycling Solutions (Germany)
15. Kuusakoski Group (Finland)
16. Veolia Environnement (France)
17. Eco-Tech Environmental Services (United States)
18. E-Cycle Solutions (United States)
19. Call2Recycle (United States)
20. Return-It (Canada)
21. Waste Electrical and Electronic Equipment (WEEE) (United Kingdom)
22. e-Stewards (United States)
23. R2 (United States)
24. e-Cycling Solutions (United States)
25. GreenTech Environmental (United States)
26. EPEAT (United States)
27. WRAP (United Kingdom)
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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