Global E-waste Management Market | Growth, Analysis, Trends

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The Global E-Waste Management Market to Advance
at CAGR of 12.45 by 2028
Triton Market Research presents the Global
E-Waste Management Market segmented by
Application (Recycled, Trashed), Material Type
(Glass, Metal, Plastic, Others), Source Type
(Industrial Electronics, Household Appliances,
Consumer Electronics), and by Geography
(Asia-Pacific, Middle East and Africa, North
America, Europe, Latin America) it further
discusses the Market Summary, Industry Outlook,
Market Definition, Key Insights, Impact of
COVID-19, Porters Five Forces Analysis, Market
Attractiveness Index, Vendor Scorecard, Value
Chain Analysis, Drivers, Restraints,
Opportunities, Challenges, Competitive
Landscape, Methodology Scope, Global Market
Size, Forecasts Analysis (2021-2028).
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t-free-sample Tritons report intimates that the
global e-waste management market is predicted to
witness growth by revenue at 12.45 of CAGR
during the projected phase of 2021-2028. Further,
it is anticipated to garner 5.55 of CAGR based
on volume during the same years. E-waste includes
heavy metals such as barium, lead, mercury,
arsenic, and nickel, among others. The workers
responsible for handling the e-waste are
vulnerable to conditions such as cancer and
nervous system damage. This has led e-waste
management companies to adopt cautious methods to
avoid such risks. In recent times, electronic
product manufacturers have recognized cost
advantages that they can enjoy by recycling and
processing e-waste. During RD and manufacturing
processes, a large amount of e- waste is
generated, which has encouraged vendors to follow
steps to retrieve valuable material from
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this waste. For instance, mobile phones include
metals such as gold and silver that can be
obtained after recycling the e-waste. Hence,
e-waste initiatives by electronic manufacturers
globally are opening multiple avenues for the
e-waste management market to progress. However, a
decline in the workforce due to the harmful
effects of e-waste and illegal export of e-waste
to developing economies, are obstructing the
e-waste management markets development. Globally,
Asia-Pacific holds the largest market for
e-waste management, and is likely to dominate it
till 2028. Numerous materials can be retrieved
and recycled for multiple purposes from e-waste.
For instance, fresh mining of gold or similar
metals is costlier compared to their mining from
e-waste products. Here, companies at a lower
cost can retrieve valuable metals such as gold,
silver, and palladium. This is one of the
primary factors driving the growth of e-waste
management services across China. Hence, the
recycling of e-waste to retrieve valuable metals
significantly motivates the e- management
services, in turn, boosting the e-waste
management market across the APAC region. The
companies thriving in the e-waste management
market include Tetronics (International) Limited,
Boliden Group, Lifespan Recycling Co Inc, MBA
Polymers Inc, Umicore SA, ERI, Sims Metal
Management Limited, Aurubis AG, Stena Metall,
and Eniro Hub Holdings Ltd. In the market, the
high initial cost to position an expansive area
facility and procure specialized equipment are
majorly restricting the entry of new market
players. However, the government programs,
including tax benefits, are influencing new
players entrance, indicating the threat of new
entrants to be moderate. Whereas, the weak
regulatory agendas and less consumer awareness
are negatively impacting the existing market
players expansion. Thus, the competitive rivalry
among existing market players is likely to be
relatively low. Contact Us sales_at_tritonmarketre
search.com Phone [phone]