Global E-Waste Management Market: Key Market Dynamics
Global E-Waste Management Market: Regional Overview
The e-waste management market in North America is expected to be fastest growing in near future. The US is a leading producer of e-waste but the e-waste management practices and policies regarding the same are still at very naïve stage in the region. The US produced 6.3 million metric tons of e-waste in 2016 as per the report issued by International Telecommunication Union (ITU), and according to United Nations University estimate only 22% of e-waste generated in 2016 was collected in this region.
Owing to the increasing awareness related to e-waste and rapid adoption of waste management practices in the European region demand for e-waste management is expected to increase in coming years. Most progressive e-waste management practices are followed in Europe, Switzerland, Norway and Sweden. According to the report by International Telecommunication Union (ITU), the highest collection rate of e-waste is in Northern Europe, which was 49% of the global share till 2016.
Global E-Waste Management Market: Key Players Overview
Aurubis AG is a Germany-based company engaged in the processing and recovery of metal concentrates and recycling materials with complex characteristics. The product portfolio of the firm comprises of architectural solutions, industrial rolled products, precious metals, recycling, rod and specialty wires, shapes, cathodes, bars & profiles, sulfuric acid & others, minor metals, and services. In recycling segment, the firm provides in metal recycling, e-scrap & complex raw materials and other services. In 2019, the company announced acquisition of Metallo Group to strengthen their position in recycling of non-ferrous material with lower metal contents.
Umicore is a Belgian multinational material technology company engaged in production of various material and recycling of metals. The business units of the firm are categorized as catalysis, energy & surface technologies, recycling and sales service. In recycling domain, the company offers precious metals refining, precious metals management, and jewelry & industrial metals. In 2019, the company completed test phase of its strategic research co-operation with Audi, the high voltage batteries of Audi e-tron will be recycled to recover cobalt and nickel, and the recovered material will be used by Audi in manufacturing new batteries.
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