The
sheer uptick in the use of electronics and the grave environmental
impact of this trend will lead the global electronic recycling
industry to register a CAGR of 23.06% between 2013 and 2019, says a
latest report by Transparency Market Research. The valuation of the
global electronic recycling market in 2012 was US$9.84 billion.
According to a study conducted by organizations working in
partnership with the United Nations, by 2017, about 65 million tons
of electronic waste will likely be generated.
Browse
the full Electronic Recycling Market Report at
http://www.transparencymarketresearch.com/electronics-recycling-market.html
This
creates the backdrop for the growth of this market. These findings
are discussed in the report titled, ‘Electronic Recycling Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2013 - 2019.’According to the TMR report, the key drivers of the
global electronics recycling market, over the next four to five
years, will be a boost in technological investments, the enforcement
of strict recycling rules, and heightened awareness about the
disposal of e-waste. A number of non-profit organizations and
advocacy groups are actively working toward the promotion of best
practices for electronic recycling. And, with urban mining creating
several new business avenues, the demand for electronic recycling
products and services is likely to see a spike.
On
the flip side, the report also notes that the global electronics
waste recycling market will be constrained by factors such as the
lack of efficiency in the collection of e-waste and the illegal
exports of hazardous e-waste to developing countries where safety
mandates are not followed during recycling. Moreover, the market
still faces a dearth of enough recycling technologies. These factors
fuse to form a larger negative force that will decelerate the
electronic recycling market’s growth.
Because
several electronic products contain precious and rare earth metals,
most recovery and recycling operations are geared toward the
retrieval of these metals. The report segments the global electronic
waste recycling market on the basis of processed material as: Steel,
copper, plastic resins (ABS, HIPS, polystyrene, polycarbonate), and
others. Of these, steel was the most widely recycled material because
mined steel experiences severe cost fluctuations and also because
this metal is the most commonly used in electronic devices.
Browse
Press Release :
http://www.transparencymarketresearch.com/pressrelease/electronics-recycling-market.htm
Furthermore,
the report also segments the global e-waste recycling market on the
basis of processed material that is used as stock for manufacturing
new electronic products. These segments are: Steel, copper, plastic
resins, polystyrene, and others. On similar lines, the report
segments and studies the market by type of equipment processed as:
Telecom, computers, consumer, industrial, and others. The bulk of
recycling activities were concentrated on computers in 2012, and this
trend is expected to continue well over the report’s forecast
period as the average lifecycle of a computer shrinks thanks to
massive strides in computer chip development. Based on the sources
from which electronic waste is generated, the market is classed into:
Government agencies, consumers/residential, schools/universities,
manufacturers/industry users, and commercial.
For
a clear snapshot of the regional dynamics, the global electronic
recycling market is segmented into: North America, Europe, Asia
Pacific, and Rest of the World (RoW). Europe held the premier
position in the global electronic recycling market in 2012, and was
trailed by North America. The efficient enforcement of e-waste
recycling regulations in Europe (RoHS and WEEE) can be credited for
Europe’s leading position. With South Africa becoming a dumping
ground for e-waste from developed countries, the e-waste generation
from this African nation is expected to grow at least eight times the
current volume. Companies that have been profiled in the report on
the global electronic recycling market are: AERC Recycling Solutions,
Eco-Tech Environmental Services, Dlubak Glass Company, MBA Polymers,
Inc., UniversalRecyclers.com, and CRT Recycling Ltd.
The
global electronic recycling market is segmented as follows:
Electronic
Recycling Market, by type of processed material
- Copper
- Steel
- Plastic resins
- Polycarbonate
- Acrylonitrile butadiene styrene (ABS)
- High impact polystyrene (HIPS)
- Polystyrene
- Others
- Others (zinc, tin, nickel, lead, aluminum, gold, silver, so on)
Electronic
Recycling Market, by type of processed material used as stock
- Copper
- Steel
- Plastic resins
- Polycarbonate
- Acrylonitrile butadiene styrene (ABS)
- High impact polystyrene (HIPS)
- Polystyrene
- Others
- Others (zinc, tin, nickel, lead, aluminum, gold, silver, so on)
Electronic
Recycling Market, by type of equipment processed
- Computers
- Telecom
- Industrial
- Consumer
- Others
Electronic
Recycling Market, by source of equipment
- Consumers/residential
- Manufacturers/Industry users
- Government agencies
- Schools/universities
- Commercial
Electronic
Recycling Market, by geography
- North America
- Europe
- Asia Pacific
- RoW
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providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
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Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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