• The global e-waste management market size was valued at 49.29 million tons in 2021 and touched 50.47 million tons in 2022. The market is expected to exhibit strong growth by reaching 63.22 million tons by 2029, exhibiting a CAGR of 3.3% during the forecast period. Increasing circular economy adoption and e-waste handling initiatives and activities are expected to enhance the industry’s growth. Fortune Business Insights™ presents this information in its report titled “E-waste Management Market 2022-2029”.

    Information Source - https://www.fortunebusinessinsights.com/e-waste-management-market-102896

    Segments

    Small Equipment Segment to Lead Owing to Strong Demand

    By category analysis, the market is segmented into temperature exchange equipment, screens and monitors, lamps, large equipment, small equipment, and small IT and telecommunication equipment. The small equipment segment is projected to lead, owing to its rising demand.

    Unrecycled Segment to Grow Substantially Owing to Lack of Awareness Regarding Negative Environmental Effects of E-waste

    As per type, the market is bifurcated into recycled and unrecycled. The unrecycled segment is expected to lead due to the lack of awareness regarding the negative environmental effects of e-waste.

    Regionally, the market is clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Report Coverage

    The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

    Driving Factors

    Stringent Guidelines Regarding E-waste Disposal to Bolster Industry Growth

    E-waste management is initiative undertaken to manage e-waste disposal effectively. Stringent guidelines regarding e-waste disposals are likely to elevate electronics-waste handling solutions’ demand. Further, the increasing prevalence of electronics is likely to allow companies to expand their activities. Moreover, the rising adoption of smartphones has elevated e-waste production. Also, governments undertake several initiatives to overcome e-waste production. For example, the Indian government initiated electronic waste handling solutions’ rules for consumers, bulk consumers, dismantlers, and others responsible for the sale, transfer, manufacturing, and equipment processing. These factors may drive the e-waste management market growth.

    However, a lack of awareness regarding e-waste disposal may hamper the industry’s progress.

    Regional Insights

    Rising Consumption of Electronic and Electrical Components to Foster Market Growth in Asia Pacific

    The market in Asia Pacific stood at 21.76 million tons and is expected to gain a huge portion of the global e-waste management market share in the coming years. Further, the increasing manufacturing and rising consumption of electrical and electronic components are expected to bolster service adoption.

    In Europe, increasing reusing and e-waste recycling may bolster the demand for management services of e-waste. Furthermore, rising government initiatives for sustainable and greener solutions may bolster service adoption.

    Competitive Landscape

    Key Players Deploy Partnerships to Bolster their Brand Image

    The prominent companies operating in the market deploy partnerships to bolster their brand image. For example, ERI partnered with CellBlock FCS and Call2Recycle to develop an Innovative Battery Collection Solution, OneDrum, in April 2022. The solution was created to allow consumers to transport and place huge consumer single-use and rechargeable battery volumes in a single suitable container. This factor may allow the companies to elevate their brand image. Furthermore, companies opt for acquisitions, mergers, partnerships, and innovations to foster their market position.
    The global e-waste management market size was valued at 49.29 million tons in 2021 and touched 50.47 million tons in 2022. The market is expected to exhibit strong growth by reaching 63.22 million tons by 2029, exhibiting a CAGR of 3.3% during the forecast period. Increasing circular economy adoption and e-waste handling initiatives and activities are expected to enhance the industry’s growth. Fortune Business Insights™ presents this information in its report titled “E-waste Management Market 2022-2029”. Information Source - https://www.fortunebusinessinsights.com/e-waste-management-market-102896 Segments Small Equipment Segment to Lead Owing to Strong Demand By category analysis, the market is segmented into temperature exchange equipment, screens and monitors, lamps, large equipment, small equipment, and small IT and telecommunication equipment. The small equipment segment is projected to lead, owing to its rising demand. Unrecycled Segment to Grow Substantially Owing to Lack of Awareness Regarding Negative Environmental Effects of E-waste As per type, the market is bifurcated into recycled and unrecycled. The unrecycled segment is expected to lead due to the lack of awareness regarding the negative environmental effects of e-waste. Regionally, the market is clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players. Driving Factors Stringent Guidelines Regarding E-waste Disposal to Bolster Industry Growth E-waste management is initiative undertaken to manage e-waste disposal effectively. Stringent guidelines regarding e-waste disposals are likely to elevate electronics-waste handling solutions’ demand. Further, the increasing prevalence of electronics is likely to allow companies to expand their activities. Moreover, the rising adoption of smartphones has elevated e-waste production. Also, governments undertake several initiatives to overcome e-waste production. For example, the Indian government initiated electronic waste handling solutions’ rules for consumers, bulk consumers, dismantlers, and others responsible for the sale, transfer, manufacturing, and equipment processing. These factors may drive the e-waste management market growth. However, a lack of awareness regarding e-waste disposal may hamper the industry’s progress. Regional Insights Rising Consumption of Electronic and Electrical Components to Foster Market Growth in Asia Pacific The market in Asia Pacific stood at 21.76 million tons and is expected to gain a huge portion of the global e-waste management market share in the coming years. Further, the increasing manufacturing and rising consumption of electrical and electronic components are expected to bolster service adoption. In Europe, increasing reusing and e-waste recycling may bolster the demand for management services of e-waste. Furthermore, rising government initiatives for sustainable and greener solutions may bolster service adoption. Competitive Landscape Key Players Deploy Partnerships to Bolster their Brand Image The prominent companies operating in the market deploy partnerships to bolster their brand image. For example, ERI partnered with CellBlock FCS and Call2Recycle to develop an Innovative Battery Collection Solution, OneDrum, in April 2022. The solution was created to allow consumers to transport and place huge consumer single-use and rechargeable battery volumes in a single suitable container. This factor may allow the companies to elevate their brand image. Furthermore, companies opt for acquisitions, mergers, partnerships, and innovations to foster their market position.
    E-waste Management Market Share & Industry Growth [2029]
    The global e-waste management market is projected to grow from 50.47 million tons in 2022 to 63.22 million tons by 2029, at a CAGR of 3.3% in forecast period
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  • Liquid Waste Management Market Share, Strategies, Growth Rate, Technological Developments | Forecast to 2026
    The global liquid waste management industry is predicted to reach USD 85.02 billion by 2026, exhibiting a CAGR of 3.3% during the forecast period. The rising population around the world has led to a necessity for efficient liquid waste management, which, in turn, will bolster healthy growth of the market in the forthcoming years. As per the United Nations study, the world population is expected to reach 8.5 billion by 2030, 9.7 billion by 2050 and surpasses 11 billion by 2100. Moreover, the ongoing projects for water treatment plants in the developing nations will subsequently accelerate the liquid waste management market revenue in the forthcoming years, mentioned a report, the market size stood at USD 65.93 billion in 2018.

    Competitive Landscape:

    Expansion of Xylem’s Technological Hub to Boost Business Prospects

    Xylem Inc., a leading American water technology company for residential, commercial, agricultural and industrial settings announced the launch of its innovative multi-disciplinary center for water, wastewater and energy technologies at the company’s regional headquarters in Singapore. The expansion project will help the company to enhance its R&D capabilities alongside helping sustainable investments in water technologies for water distribution and wastewater treatment. The expansion of the Xylem’s water treatment project will have a positive impact on the liquid waste management market trends owing to its collaboration with Institute of High-Performance Computing (IHPC). Furthermore, President and CEO of Xylem, Mr. Patrick Decker, said in a statement, “This new multi-disciplinary center will create ample opportunities to innovate and collaborate with our customers, as we work with them to tackle the region’s greatest water challenges, including water scarcity, affordability and infrastructure resilience. He further added, “bringing research and development capability into our regional headquarters in Singapore puts all of Xylem’s market-leading technology capability in one location, focused on the region’s water technology and infrastructure solutions.” In addition, the growing collaborations and partnerships among major market players will bolster healthy growth of the market in the foreseeable future.

    Regional Analysis:

    Presence of Major Water Treatment Plants to Foster Growth in North America

    The market in North America stood at USD 19.75 billion in 2018 and is predicted to grow rapidly during the forecast period owing to the presence of various market players. The largest water treatment plants in the USA will influence positively to the growth in the region. For instance, Chicago & Boston has the wastewater treatment plant with capacity of 1.44 billion gallons per day and 1.27 billion gallons per day respectively. Asia Pacific is likely to witness high growth during the forecast period owing to the growing population in the emerging economies such as China, India. The need for liquid waste treatment and recycling to cater to the clean water requirements will enable speedy growth of the market. According to the Central Pollution Control Board estimation, India’s water demand is expected to rise to 1.5 trillion cubic meters by 2030. Europe is predicted to exhibit a high growth rate in the foreseeable future. The rising government initiatives to curb water pollution will contribute positively to the liquid waste management market growth in the Europe.


    Information Source

    https://www.fortunebusinessinsights.com/liquid-waste-management-market-102643
    Liquid Waste Management Market Share, Strategies, Growth Rate, Technological Developments | Forecast to 2026 The global liquid waste management industry is predicted to reach USD 85.02 billion by 2026, exhibiting a CAGR of 3.3% during the forecast period. The rising population around the world has led to a necessity for efficient liquid waste management, which, in turn, will bolster healthy growth of the market in the forthcoming years. As per the United Nations study, the world population is expected to reach 8.5 billion by 2030, 9.7 billion by 2050 and surpasses 11 billion by 2100. Moreover, the ongoing projects for water treatment plants in the developing nations will subsequently accelerate the liquid waste management market revenue in the forthcoming years, mentioned a report, the market size stood at USD 65.93 billion in 2018. Competitive Landscape: Expansion of Xylem’s Technological Hub to Boost Business Prospects Xylem Inc., a leading American water technology company for residential, commercial, agricultural and industrial settings announced the launch of its innovative multi-disciplinary center for water, wastewater and energy technologies at the company’s regional headquarters in Singapore. The expansion project will help the company to enhance its R&D capabilities alongside helping sustainable investments in water technologies for water distribution and wastewater treatment. The expansion of the Xylem’s water treatment project will have a positive impact on the liquid waste management market trends owing to its collaboration with Institute of High-Performance Computing (IHPC). Furthermore, President and CEO of Xylem, Mr. Patrick Decker, said in a statement, “This new multi-disciplinary center will create ample opportunities to innovate and collaborate with our customers, as we work with them to tackle the region’s greatest water challenges, including water scarcity, affordability and infrastructure resilience. He further added, “bringing research and development capability into our regional headquarters in Singapore puts all of Xylem’s market-leading technology capability in one location, focused on the region’s water technology and infrastructure solutions.” In addition, the growing collaborations and partnerships among major market players will bolster healthy growth of the market in the foreseeable future. Regional Analysis: Presence of Major Water Treatment Plants to Foster Growth in North America The market in North America stood at USD 19.75 billion in 2018 and is predicted to grow rapidly during the forecast period owing to the presence of various market players. The largest water treatment plants in the USA will influence positively to the growth in the region. For instance, Chicago & Boston has the wastewater treatment plant with capacity of 1.44 billion gallons per day and 1.27 billion gallons per day respectively. Asia Pacific is likely to witness high growth during the forecast period owing to the growing population in the emerging economies such as China, India. The need for liquid waste treatment and recycling to cater to the clean water requirements will enable speedy growth of the market. According to the Central Pollution Control Board estimation, India’s water demand is expected to rise to 1.5 trillion cubic meters by 2030. Europe is predicted to exhibit a high growth rate in the foreseeable future. The rising government initiatives to curb water pollution will contribute positively to the liquid waste management market growth in the Europe. Information Source https://www.fortunebusinessinsights.com/liquid-waste-management-market-102643
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