Global Electronic Waste Recycling Market is estimated to grow at a CAGR of 17% by Forecast to 2022


Posted April 20, 2017 by Son1ane

Electronic Waste Recycling Market, by Components of Processed Materials (Plastic, Metal, Glass) - Forecast 2022

 
Market Highlights:
The study indicates that many organizations non-profit and profit making are taking many initiatives for Electronic Waste Recycling Market. Observing the current trend and the government initiatives the study indicates growth in Electronic Waste Recycling market. The Electronic Waste Recycling has many benefits as elimination of health and environment hazards, conservation of resources, energy efficiency, economic growth and others which boosts the market. Whereas the lack of awareness of the Electronic Waste Recycling methods are restraining the Electronic Waste Recycling market.

The Electronic Waste Recycling Market is growing rapidly over 17% of CAGR and is expected to reach at USD 26 billion by the end of forecast period.

Major Key Players:
• Electronic Waste Recycling market are - Polymers
• Inc. (California)
• Electronic Recyclers International, Inc. (U.S.)
• Sims Metal Management Ltd. (Australia)
• Aurubis AG (Germany)
• Boliden AB (Sweden)
• Stena Technoworld AB (Sweden)
• Tetronics (International) Ltd. (U.K.)
• Enviro-Hub Holdings Ltd. (Singapore)
• Global Electric Electronic Processing Inc. (Canada)
• Umicore S.A. (Belgium)

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Electronic Waste Recycling Market Segmentation:
The Electronic Waste Recycling market has been segmented on the basis of components of processed materials and sources of equipment processed. The components of processed materials segment consists of plastic, glass, mercury, metals, printed circuit boards, hard drives, batteries and others. The study indicates that plastics and printed circuit boards segment has a larger share in the electronic waste recycling market. The source of equipment processed consists of Household appliances, IT and Telecommunication, Consumer Electronics and others. The study indicates that the consumer electronics and household appliances would hold a major share in the electronic waste recycling market.

Recently, it has been observed that many companies like Sony Corporation are developing their own electronic waste recycling segment wherein they accept all the electronic items returned from the users and recycle them.

The prominent players in the Electronic Waste Recycling market are- Polymers, Inc. (California), Electronic Recyclers International, Inc. (U.S.), Sims Metal Management Ltd. (Australia), Aurubis AG (Germany), Boliden AB (Sweden), Stena Technoworld AB (Sweden), Tetronics (International) Ltd. (U.K.), Enviro-Hub Holdings Ltd. (Singapore), Global Electric Electronic Processing Inc. (Canada), Umicore S.A. (Belgium) among others.

Market Research Analysis:
Regional analysis for Electronic Waste Recycling market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that Europe region would account for larger share in Electronic Waste Recycling market followed by North America. It has been observed that European region has few approaches to e-waste recycling and management is guided by two directives; the Waste Electrical and Electronic Equipment (WEEE) Directive and RoHS Restriction of Hazardous Substances (RoHS) Directive.

The study reveals that Asia-Pacific region is expected to have a significant growth in Electronic Waste Recycling market by the forecast period. In Asia-Pacific countries like China, Japan and Korea government are taking special efforts for electronic waste recycling which is the primary growth driver for the Asia-Pacific region.

Regional Analysis:
The regional analysis of Electronic Waste Recycling is being studied for region such as Asia pacific, North America, Europe and Rest of the World. It has been observed that Europe would dominate the Electronic Waste Recycling market owing to factors such as environment concerns and government initiatives. The study indicates that North America has the second biggest market share in the Electronic Waste Recycling market.

Asia Pacific Electronic Waste Recycling market is expected to show a positive growth over the forecast period owing to factors such as rising environmental concerns and increasing electronic wastes. In Asia-Pacific countries like China, Japan and others government has taken major efforts for electronic waste management due to which the study reveals that these countries would show a sudden hike.

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Business Address Market Research Future Office No. 524/528, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028
Maharashtra, India [email protected]
Country India
Categories Business , Semiconductors , Telecom
Tags global electronic waste recycling market , global electronic waste recycling market forecast , global electronic waste recycling market growth , global electronic waste recycling market size
Last Updated April 20, 2017