North America E-Waste Management Market Growth, Size, Trends, Share, Scope and Future Outlook: SPER Market Research

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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.

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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:

By Material Type:	Metal Plastic Glass Others
By Source:	Household Appliances Industrial Electronics Consumer Electronics
By Application:	Trashed Recycled

Key Topics Covered in the Report:

North America E-Waste Management Market Size (FYâ€™2024-FYâ€™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 (FYâ€™2024-FYâ€™2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERâ€™s internal database
2.1.4. Premium insight from KOLâ€™s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the North America E-Waste Management Market.

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERâ€™s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. North America E-Waste Management Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2020-2026
7.2. North America E-Waste Management Market Size, Share and Forecast, By Material Type, 2027-2033
7.3. Metal
7.4. Plastic
7.5. Glass
7.6. 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, 2020-2026
8.2. North America E-Waste Management Market Size, Share and Forecast, By Source, 2027-2033
8.3. Household Appliances
8.4. Industrial Electronics
8.5. 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, 2020-2026
9.2. North America E-Waste Management Market Size, Share and Forecast, By Application, 2027-2033
9.3. Trashed
9.4. 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. Canada
11.4. Mexico
11.5. United States
11.6. Cuba
11.7. Panama
11.8. Greenland
11.9. Rest of North America

12. Company Profile

12.1. Aurubis Ag
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Enviro-Hub Holdings Ltd
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Sensoneo
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Sims Lifecycle Services, Inc
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Big Belly Solar, LLC
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Waste Management Inc
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Electronic Recyclers International, Inc
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Veolia Environment SA
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Umicore Sa And Tes-Amm
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Tetronics Limited
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Stena Metall AB
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. GFL Environmental
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. 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.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is North America E-Waste Management Market?

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.

What is the growth rate of North America E-Waste Management Market?

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.

What is the anticipated CAGR of North America E-Waste Management Market during the forecast period?

North America E-Waste Management Market CAGR of 13.73% during the forecast period.

How can I get a sample report on North America E-Waste Management Market?

You can get the sample pages by clicking the link -Click Here

What is the market size of North America E-Waste Management Market?

North America E-Waste Management Market size is USD 55,245.63 million from 2024 to 2033.

Which segment is expected to lead North America E-Waste Management Market?

North America E-Waste Management Market Segment is Covered By Material, By Source, By Application

Which region is expected to have the highest market share in North America E-Waste Management Market?

The North America region is anticipated to have the highest market share in North America E-Waste Management Market.

Who are the key players 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.

What is the conclusion of North America E-Waste Management Market?

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.