E-Waste Management Market Size, Share, Growth Analysis, By Material Type(Rhodium, Selenium, Germanium, Tellurium), By Processed Material(Metal, Plastic, Glass, others), By Source(Industrial Electronics, Consumer Electronics), By Application(Disposal, Recycle), By Recycler type(Glass Recycler, Metal Recycler, Plastic Recycler, Printed Circuit Board Recycler), By Region - Industry Forecast 2024-2031

E-Waste Management Market size was valued at USD 57.80 billion in 2022 and is poised to grow from USD 66.87 billion in 2023 to USD 214.75 billion by 2031, growing at a CAGR of 15.7% in the forecast period (2024-2031).

Electronic and electrical equipment recycling, resale, reuse, and disposal are referred to as e-waste management. Special and precious metals like silver, gold, palladium, platinum, indium, and gallium are found in e-waste. Consumer electronics, IT, and communication gadgets are all produced using these rare elements. Because these metals are rare, the cost of their goods is similarly high. This has made it more important than ever to reuse, repair, and recycle metal-based equipment. As a result, these problems undoubtedly push producers of electronic goods to seek out raw materials from recovered e-waste. This helps countries minimise greenhouse gas emissions, which will undoubtedly lessen the risks associated with global warming. The nature of electrical gadgets means that they occasionally need to be repaired or become outdated. This is a significant factor in the production of e-waste. An electrical item can be replaced for less money than it can be repaired. As a result, it has been noticed that the desire to buy new products rather than fixing them is growing. The growing threat to human health posed by improper disposal of toxic waste from electronic scrap and incineration, including bronchitis, kidney damage, and Wilson's disease, is driving up the demand for effective scrap management strategies. These factors stand to have a favourable impact on market expansion.

US E-Waste Management Market is poised to grow at a sustainable CAGR for the next forecast year.