Electronic Waste Recycling Market by Types, Regions and Application and Manufacturers Analysis up to 2025
11th
October 2018: The Global Electronic
Waste Recycling Market is displaying positive outlook at a
rising CAGR due to growing environmental corrective measures. E-waste from
electronics, electrical and consumer electronics segment has reached colossal
proportions with waste generation due to discarded electronic devices and
gadgets escalating every year. Disposing electronic gadgets may bring out many
valuable components within them such as gold and silver which can cause serious
environmental hazards, thus behaving as growth factors for electronic waste
recycling market. This growth in electronic waste recycling market gets even
more enhanced due to upgraded electronic devices hitting the markets and in the
process generating tons of e-waste easily making it one of the fastest growing
markets worldwide.
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Estimates to e-waste generation across regions has created a lot
of buzz lately, hence government organizations of various regions are taking
effective steps in order to curb environmental pollution. Advancements in
technology has demanded an end to obsolete technology with regions such as
North America exporting E-waste to developing regions such as India and China
to process recycled waste and generate market revenue. Market segmentation in
electronic waste recycling industry by component includes plastic, glass,
mercury, metals, printed circuit boards, hard drives, batteries and others. The
segment by plastics and printed circuit boards has a larger market share in
electronic waste recycling market. The segmentation of electronic waste
recycling market by source includes Household appliances; IT and Telecommunication,
Consumer Electronics and others. Consumer Electronics and household appliances
would hold a major share of market
segment in electronic waste recycling market.
Electronic waste is more likely to be thrashed than recycled.
57million tones of e-waste were produced globally in 2013 and with more gadgets
entering market, E-waste is only going to increase. Setting things right,
companies are embarking on a product orientation which makes products from
salvaged recycled waste. Research has found out that household appliances
account for nearly 46% of all E-waste. The key players in the electronic waste
recycling industry include Polymers, Inc., Electronic Recyclers international,
Inc., Sims metal management, Aurubis AG, Boliden AB, Stena chnoworld AB,
Tetronics Ltd., Global Electric Electronic Processing, Inc.
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