According to the research report titled ‘GLOBAL E-Waste Management Market 2021-2028’, available with Market Study Report, global e-waste management market is likely to showcase 12.45% CAGR and 5.55% CAGR in terms of revenue and volume respectively over the period of 2021-2028.
 

Lack of adequate sources of precious materials coupled with reducing lifespan of electronic devices are some of the key factors driving the growth of global e-waste management market. However, factors such as high recycling costs, lack of consumer awareness, and illegal export activities of e-waste could act as a bottle neck to the expansion of the market in the ensuing years.
 

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By material type, global e-waste management market is segmented into glass, plastic, metal, and others. In terms of source type, the market is split into consumer electronics, industrial electronics, and household appliances.
 

The application reach of the overall industry consists of recycled and trashed segments.
 

Considering the geographical landscape, the report states that Latin America e-waste management industry is set to record the highest compound annual growth rate during the study period, primarily driven by proliferating sales of smartphones. Widespread adoption of internet services and technological advancements are also adding traction to the regional market size.
 

The competitive dynamics of global e-waste management market is defined by companies such as Umicore N.V., Tetronics, Stena Metall AB, Sims Metal Management Ltd., MBA Polymers Inc., Lifespan Recycling Co. Inc., Enviro-Hub Holdings Ltd., ERI, Boliden AB, and Aurubis AG among others.