Brazil E-Waste Management Market Research Report, 2028

Brazil E-Waste Management Market Research Report, 2028

Actual Market Research 30-01-2023 61 Pages Figures : 5 Tables : 14 Region : South America Country : Brazil Category : Energy & Utility Environmental

In Brazil, the management of electronic waste (e-waste) has been a growing challenge in recent years. Although there are regulations in place to promote the responsible disposal of e-waste, enforcement of these regulations has been inconsistent, and illegal dumping of electronic waste is still a common problem in the country. The main sources of e-waste in Brazil are outdated or broken electronic devices, such as smartphones, laptops, and televisions. The disposal of e-waste has become a major concern in Brazil, as many of these devices contain toxic substances that can harm the environment and human health if not properly managed. Unfortunately, many of the e-waste management practices in Brazil are inadequate. There are few proper disposal facilities, and much of the e-waste ends up in landfills or is simply thrown away in the streets. This has led to significant environmental and health problems, as the toxic substances contained in e-waste can contaminate soil and water supplies. There have been some efforts to address the problem of e-waste in Brazil. For example, the government has implemented policies aimed at promoting the responsible disposal of electronic devices, and some private companies have established recycling programs for e-waste. However, much more needs to be done to properly manage the growing problem of e-waste in the country. The Brazilian government has taken some initiatives to address the growing problem of e-waste in the country. Brazil has a number of regulations in place that aim to promote the responsible disposal of e-waste, including the National Policy on Solid Waste, the Electronic Waste Law, and the Technical Regulation for Electronic Products. These regulations require manufacturers and importers of electronic products to take responsibility for the disposal of their products at the end of their useful life. The government has launched public awareness campaigns to educate the public about the dangers of e-waste and promote responsible disposal practices. According to the research report “Brazil E-waste Management Market Research Report, 2028," published by Actual Market Research, the market is expected to add USD 0.43 billion by 2028. The rapid expansion of the electronics industry is creating a positive Research Report for the market. Product innovation and the introduction of new devices have resulted in an increase in the sale of electronic devices. This has increased the disposal of old electronics, which has aided market growth. In line with this, rising environmental consciousness among consumers as a result of the negative impact of increasing waste volume, which leads to adverse health hazards, is positively impacting market growth. Furthermore, various technological advancements, such as the immediate integration of artificial intelligence (AI) and machine learning (ML) to identify, sort, and categorise waste, are propelling market growth. Furthermore, the scarcity of precious metals such as gold, platinum, silver, and indium is facilitating the need for e-waste management in order to manufacture new devices from recycled components with a lower carbon footprint. This, in turn, has a positive impact on market growth. Other factors, such as rising consumer spending power to afford premium-priced electronic devices and the implementation of several government initiatives to raise awareness about proper e-waste disposal, are expected to drive the market forward. The e-waste market is segmented into three categories: source (household appliances, consumer electronics, and industrial electronics), material (metal, plastic, and glass), and application (trash and recycled). The e-waste management market in the Brazil is segmented by source type, Household appliances, Consumer electronics and Industrial electronics. Household appliances are those appliances that are used in a household, such as air conditioners, dishwashers, clothes dryers, drying cabinets, freezers, refrigerators, kitchen stoves, water heaters, washing machines, trash compactors, microwave ovens, and induction cookers, among others. Mobile devices, wearables, TVs, set-top boxes, monitors, laptops, tablets, computers, printers, scanners, and so on are examples of consumer electronics. IT & Telecom Equipment, IT Accessories, PCBs, Digital Boards, Datacenters, Medical Equipment and Accessories, and so on are examples of industrial appliances. During the forecast period, household appliances are expected to dominate the Brazil e-waste management market. The electronic waste management market in the Brazil is divided into three categories: metal, plastic, and glass. Because metals recovered from e-waste are very valuable, the metal segment is expected to dominate the market for e-waste management during the forecast period. Metals recovered from e-waste include aluminium, ferrous metals, copper, gold, and silver. The e-waste management market in the Brazil is divided into two segments: trashed and recycled. Due to an increase in E waste and certain government initiatives to improve E waste management, which are major drivers of the Brazil E waste management market, the recycling segment is expected to dominate the Brazil E waste management market. Rapid technological advancement and frequent product innovations result in an increase in the sale of electronic products. Mobile devices, televisions, and computer devices, in particular, are experiencing rapid growth around the world. With rising purchasing power and a rising trend in disposable income, the sale of these electronics is steadily increasing. Furthermore, new product launches with updated features and added services entice customers to replace their old products with new ones. This has reduced the device's life span to about 3–4 years. As a result, e-waste is increasing at an alarming rate, encouraging industry players to expand their operations and establish a broad network for e-waste collection and processing facilities. Brazil's electronic industry is expanding at an exponential rate, with new products being released every six months. As a result, the country is already one of the world's largest producers of e-waste, with an annual output of 1.4 million tons, or about 7 kg per inhabitant. According to the United Nations, Brazil is the country that dumps the most obsolete equipment into natural areas around the world because waste treatment policies in Brazil are still new; the majority of the population is not educated or aware of how to properly dispose of this type of waste. Only 13% of e-waste is properly disposed of. According to data from the Ministry of Environment, 500 million devices are left unused in homes. In relation to e-waste, Brazil does not recycle printed circuit boards or lithium-ion batteries on a large scale. E-waste is commonly separated into plastic, which is recycled, and metallic parts, which are then usually collected and sent to recycling companies in Europe or North America. Since 2010, Brazil has relied on the National Policy on Solid Waste (NPSW), which establishes guidelines for reverse logistics, disposal, and the recycling of solid waste, including waste electrical and electronic equipment (WEEE). The law is seen by many researchers as a milestone in the country’s history, since it creates legal mechanisms to establish shared responsibility for the waste generated, from manufacturing to final disposal. Some of the major players in e-waste management in Brazil include Ecobraz, Reciclagem Brasil, CEDIR, Coopermiti, Ambipar, Estre, Lorene, RecicloMetais, and Recicladora Urbana. COVID 19 IMPACT This e-waste management industry was suffering during the COVID-19 pandemic due to a halt in e-waste recycling and collection. Furthermore, the sudden increase in COVID-19 infections halted production. Furthermore, trade restrictions hampered economic progress and limited mobility. However, the reinstatement of lockdown restrictions enabled manufacturers to increase their activity and improve their market position. These factors aided the growth of the industry. Considered in this report • Geography: Brazil • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Brazil E waste management market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Source Type • Household Appliances • Consumer Electronics • Industrial Electronics By Material Type • Metal • Plastic • Glass By Application Type • Trashed • Recycled The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Air purifier market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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