PUBLISHER: Market Research Future | PRODUCT CODE: 1723651
PUBLISHER: Market Research Future | PRODUCT CODE: 1723651
Report Information on Europe E-Waste Management Market Research by Application (Recycle, Refurbish and Disposal), by Source (IT & Telecommunication Equipment, Computers and Peripherals, Data Center Equipment's, Storage Devices, Monitors, Telecommunication Equipment, Consumer Electronic Goods, Others), by Material Recovered (Rhodium, Gold, Platinum, Silver, Gallium, Selenium, Germanium, Tellurium, Tantalum, Palladium, and Others), by Collection (B2B Collection and B2C Collection) Forecast to 2032
The MRFR anticipates that the Europe E-waste management market will experience a compound annual growth rate (CAGR) of 11.6% from a valuation of USD 24,088.31 Million in 2023 to a valuation of USD 66,394.48 Million in 2032 in the assessment period.
The e-waste management industry's expansion is influenced by the increasing global production of electronic waste and the growing awareness of the negative environmental consequences of improper disposal. The rapid increase in electronic waste is a result of the frequent replacement of electronic devices, including smartphones, laptops, and domestic appliances, as technology continues to advance. Governments and governing bodies have initiated the implementation of more stringent legislation and regulations. In this regard, the continuous trend of emphasising the proper recycling of e-waste and refuse has enabled the prevention of adverse environmental effects.
The demand for e-waste management services is also bolstered by the growing necessity to extract valuable materials such as gold, silver, copper, and rare earth metals from discarded electronics. Recycling reduces carbon emissions, conserves resources, and reduces the demand for extraction, as these materials are essential to produce new electronics. The development of sustainable e-waste recycling technologies that guarantee safe dismantling, data annihilation, and the proper disposal of hazardous components is becoming increasingly important. This makes it a more responsible and appealing option for both consumers and businesses.
The Europe E-waste management market has been segmented into Recycle, Refurbish, and Disposal, based on application.
The Europe E-waste management market has been segmented into the following categories: IT & Telecommunication Equipment, Computers and Peripherals, Data Centre Equipment, Storage Devices, Monitors, Telecommunication Equipment, Consumer Electronic Goods, and Others, as per the source.
The Europe E-waste management market has been segmented into the following categories: Rhodium, Gold, Platinum, Silver, Gallium, Selenium, Germanium, Tellurium, Tantalum, Palladium, and Others, each of which is based on the recovered material.
The Europe E-waste management market has been segmented into B2B Collection and B2C Collection based on Collection.
Umicore, Veolia, ALBA SE, Aurubis AG, Sims Limited/Sims Lifecycle Services, Inc., and others are the primary participants in the market.