Estimated at 57.3 million metric tons by 2026, e-waste management is expected to experience stable growth globally
FACTS AT A GLANCE
Editing: 8; Posted: April 2021
Executive pool: 424
Companies: 14 – Players covered include Ecomation Oy; Egyptian Electronic Product Recycling Company (EERC) (Egypt); Electronic Recyclers International, Inc .; E-Parisaraa Private Limited .; Global Electric Electronic Processing (GEEP), Inc .; Sims Recycling Solutions, Inc .; Umicore NV / SA; Waste Management, Inc. and others.
Blanket: All major geographies and key segments
Segments: End use (disposal, recycling); Segment (metals, plastic, glass, other segments)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.
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Global E-Waste Management Market To Reach 57.3 Million Metric Tons By 2026
Amid the COVID-19 crisis, the global e-waste management market, estimated at 45.4 million metric tons in 2020, is expected to reach a revised size of 57.3 million metric tons by 2026, with a CAGR of 3.9% during the analysis period. Metals, one of the segments analyzed in the report, is expected to register a CAGR of 4.2% and reach 34.6 million metric tonnes by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Plastics segment is readjusted to a revised CAGR of 3.8% for the next 7 year period.
The US market is estimated at 14 million metric tons in 2021, while China is expected to reach 10.2 million metric tons by 2026
The United States e-waste management market is estimated at 14 million metric tons in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of 10.2 million metric tonnes by 2026, with a CAGR of 3.7% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 3.6% and 3.3% respectively during the analysis period. In Europe, Germany is expected to grow at around 3.8% CAGR.
Glass segment to reach 6.3 million metric tons by 2026
In the global Glass segment, United States, Canada, Japan, China and Europe will drive the estimated 3.3% CAGR for this segment. These regional markets representing a combined market size of 4.1 million metric tonnes in 2020 will reach a projected size of 5.2 million metric tonnes by the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Following
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