North America E-Waste Management Market Growth, Size, Trends, Share, Scope and Future Outlook
North America E-Waste Management Market Size- By Material, By Source, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2024 | Report ID: CHEM2464 | Pages: 1 - 152 | Formats*: |
| Category : Chemical & Materials | |||
North America E-Waste Management Market Introduction and Overview
According to SPER Market Research, the North America E-Waste Management Market is estimated to reach USD 55,245.63 million by 2033 with a CAGR of 13.73%.
The report includes an in-depth analysis of the North America E-Waste Management Market, including market size and trends, product mix, applications, and supplier analysis. Electronic garbage, commonly known as e-waste, is abandoned electrical or electronic equipment. It is also known as EOL electronics or waste electrical. Equipment waste also comprises used electronics that are meant for disposal, salvage recycling through material recovery, reuse, resale, or refurbishing. In developing countries, incorrect e-waste management can pollute the environment and have serious health consequences. The e-waste problem and hazard have arisen as a result of increased use of electronic goods caused by the digital revolution and scientific and technological developments such as bitcoin. E-waste is quickly increasing due to low recycling rates, short product life cycles, frequent model releases, and wasteful purchases of electrical and electronic equipment.
- In March 2023, Bharat Petroleum Corporation launched a specific project called "Sound Management of Waste Disposal" to reduce and recycle e-waste.
- Sims Lifecycle Services Inc. has made a significant strategic decision by divesting its European trade business focused on recycling e-scrap under extended producer responsibility (EPR) programmes. This decision represents a comprehensive awareness of the developing dynamics in the e-waste recycling sector and demonstrates the company's dedication to optimising its business operations.
- In October 2022, European Metal Recycling (EMR), an international recycling corporation headquartered in the United Kingdom, announced the launch of a third UK plant at its EMR Duddeston location in Birmingham's core.
Market Opportunities and Challenges
Opportunities- Growing concern about the environmental impact of inappropriate e-waste disposal has prompted restrictions and increased customer demand for eco-friendly methods. Businesses and people are looking for responsible e-waste management solutions. E-waste also contains valuable minerals, such as gold, silver, and rare earth elements. The scarcity of these resources in their native state has sparked renewed interest in recycling and recovery, propelling the industry. Aside from that, many organisations are implementing CSR projects that involve responsible e-waste management as part of their sustainability objectives. This dedication to social and environmental responsibility helps the market flourish. Aside from that, the circular economy ideas, which emphasise waste reduction, product reuse, and material recycling, are gaining appeal. E-waste management plays an important part in achieving these Principles.
Challenges- Insufficient Knowledge About Appropriate E-waste Disposal to Restrict Market Expansion. E-waste disposal is a critical environmental issue that the globe is currently confronting. Lack of awareness about how to properly dispose of e-waste, which may contain dangerous elements, may result in it ending up in landfills. This aspect contributes to the release of heavy, toxic, and hazardous metals such as mercury, lead, arsenic, and cadmium into the soil. These poisonous elements create a major problem when they leak into groundwater systems, producing groundwater pollution. Furthermore, workers at landfills may be exposed to these hazardous substances escaping from e-waste. E-waste items include computers, televisions, cell phones, printers, scanners, and fax machines.
Market Competitive Landscape
The report provides an appropriate analysis of the key organizations/companies involved in the North American e-waste management market, as well as a comparative evaluation based on their product offering, business overviews, geographical presence, enterprise strategies, segment market share, and SWOT analysis. The study also contains an in-depth examination of the firms' recent events and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and more. This enables the measurement of total market competition. Aurubis Ag, Enviro-Hub Holdings Ltd, Sensoneo, Sims Lifecycle Services, Inc, Big Belly Solar, LLC, Waste Management Inc, Electronic Recyclers International, Inc, Veolia Environment SA, Umicore Sa and Tes-Amm, Tetronics Limited, Stena Metall AB, and GFL Environmental are among the major participants.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Material, By Source, By Application |
| Regions covered | Canada, Mexico United States, Cuba, Panama, Greenland, Rest of North America |
| Companies Covered | Aurubis Ag, Enviro-Hub Holdings Ltd, Sensoneo, Sims Lifecycle Services, Inc, Big Belly Solar, LLC, Waste Management Inc, Electronic Recyclers International, Inc, Veolia Environment SA, Umicore Sa and Tes-Amm, Tetronics Limited, Stena Metall AB, GFL Environmental. |
COVID-19 Impact on North America E-Waste Management Market
The COVID-19 pandemic had a wide-ranging impact on social lives, highlighting the world's interconnected environmental and community systems. Lockdowns and halts in industry and trade activities were implemented to stop the virus's spread throughout society, resulting in a decrease in economic growth, mobility restrictions, and an increased demand for digitization and quarantine in homes. It was expected that digitization and an increase in time spent at home would increase the consumption of electrical and electronic equipment as a result of firms and businesses transitioning to home offices, providing employees with laptops and other office equipment for home use, and a simultaneous increase in disposal of such gear and gadgets, partly due to house-cleaning during the first lockdowns in 2020. However, statistics revealed a startling global trend.
Key Target Audience:
- Academic Institutions
- Commercial Sector
- E-Waste Recycling Companies
- Environmental Agencies
- Government and Regulatory Bodies
- Manufacturers
- Municipalities
- Retailers
- Technology Companies
- Waste Management Companies
Our in-depth analysis of the North America E-Waste Management Market includes the following segments:
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| By Source: |
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| By Application: |
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Key Topics Covered in the Report:
- North America E-Waste Management Market Size (FY’2024-FY’2033)
- Overview of North America E-Waste Management Market
- Segmentation of North America E-Waste Management Market by Material Type (Metal, Plastic, Glass, Others)
- Segmentation of North America E-Waste Management Market by Source (Household Appliances, Industrial Electronics, Consumer Electronics)
- Segmentation of North America E-Waste Management Market by Application (Trashed, Recycled)
- Statistical Snap of North America E-Waste Management Market
- Expansion Analysis of North America E-Waste Management Market
- Problems and Obstacles in North America E-Waste Management Market
- Competitive Landscape in the North America E-Waste Management Market
- Impact of COVID-19 and Demonetization on North America E-Waste Management Market
- Details on Current Investment in North America E-Waste Management Market
- Competitive Analysis of North America E-Waste Management Market
- Prominent Players in the North America E-Waste Management Market
- SWOT Analysis of North America E-Waste Management Market
- North America E-Waste Management Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the North America E-Waste Management Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America E-Waste Management Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America E-Waste Management Market
7. North America E-Waste Management Market, By Material Type (USD Million) 2020-2033
7.1. North America E-Waste Management Market Size, Share and Forecast, By Material Type, 2020-20267.2. North America E-Waste Management Market Size, Share and Forecast, By Material Type, 2027-20337.3. Metal7.4. Plastic7.5. Glass7.6. Others
8. North America E-Waste Management Market, By Source (USD Million) 2020-2033
8.1. North America E-Waste Management Market Size, Share and Forecast, By Source, 2020-20268.2. North America E-Waste Management Market Size, Share and Forecast, By Source, 2027-20338.3. Household Appliances8.4. Industrial Electronics8.5. Consumer Electronics
9. North America E-Waste Management Market, By Application (USD Million) 2020-2033
9.1. North America E-Waste Management Market Size, Share and Forecast, By Application, 2020-20269.2. North America E-Waste Management Market Size, Share and Forecast, By Application, 2027-20339.3. Trashed9.4. Recycled
10. North America E-Waste Management Market Forecast, 2020-2033 (USD Million)
10.1. North America E-Waste Management Market Size and Market Share
11. North America E-Waste Management Market, By Region, 2020-2033 (USD Million)
11.1. North America E-Waste Management Market Size and Market Share By Region (2020-2026)11.2. North America E-Waste Management Market Size and Market Share By Region (2027-2033)11.3. Canada11.4. Mexico11.5. United States11.6. Cuba11.7. Panama11.8. Greenland11.9. Rest of North America
12. Company Profile
12.1. Aurubis Ag12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. Enviro-Hub Holdings Ltd12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. Sensoneo12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. Sims Lifecycle Services, Inc12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. Big Belly Solar, LLC12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. Waste Management Inc12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. Electronic Recyclers International, Inc12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Veolia Environment SA12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. Umicore Sa And Tes-Amm12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. Tetronics Limited12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments12.11. Stena Metall AB12.11.1. Company details12.11.2. Financial outlook12.11.3. Product summary12.11.4. Recent developments12.12. GFL Environmental12.12.1. Company details12.12.2. Financial outlook12.12.3. Product summary12.12.4. Recent developments12.13. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
North America E-Waste Management Market is projected to reach USD 55,245.63 million by 2033, growing at a CAGR of 13.73% during the forecast period.
North America E-Waste Management Market grew in market size from 2024. The Market is expected to reach USD 55,245.63 million by 2033, at a CAGR of 13.73% during the forecast period.
North America E-Waste Management Market CAGR of 13.73% during the forecast period.
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North America E-Waste Management Market size is USD 55,245.63 million from 2024 to 2033.
North America E-Waste Management Market Segment is Covered By Material, By Source, By Application
The North America region is anticipated to have the highest market share in North America E-Waste Management Market.
The key players in the market include Companies Covered Aurubis Ag, Enviro-Hub Holdings Ltd, Sensoneo, Sims Lifecycle Services, Inc, Big Belly Solar, LLC, Waste Management Inc, Electronic Recyclers International, Inc, Veolia Environment SA, Umicore Sa and Tes-Amm, Tetronics Limited, Stena Metall AB, GFL Environmental.
E-waste is quickly increasing due to low recycling rates, short product life cycles, frequent model releases, and wasteful purchases of electrical and electronic equipment.
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