Global Electronic Recycling Market

 

Global Electronic Recycling Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of XX % during forecast period.

 

The average life span of most electronics gadgets has been consistently declining. Fast obsolescence of electronic gadgets is primary reason for an increased generation of e-waste, thereby driving the growth of the global electronic recycling market. Furthermore, the growing concern for environmental conservation with increasing consciousness among the consumers regarding the benefits of recycling is giving a significant boost to the market. Other factors such as increasing support and initiatives by governments, original equipment manufacturers (OEMs), and non-profit organizations along with rising visibility in terms of collection methods are driving the market.

Nevertheless, inadequate public education and awareness is leading to the high cost of recycling. Also, the presence of inimical regulatory infrastructure is adding to its cost. These factors are, resulting in a low recycling rate and consequently hampering the growth of the market.

By type of equipment processed segment, the computer was the leading segment among recycled equipment in 2012 and is going to maintain its dominance in future. The decrease in the average lifecycle of computers because of microchip development. Moreover, the commercial sector was the highest contributor to the recycling market based on the source of equipment. This attributes to infrastructural developments across developing economies.

Geographically, Europe was the leading revenue contributor in the market in 2012 followed by North America. The growth of the Europian market for electronic recycling can be attributed to the effective reinforcement of strict regulations pertaining to the recycling of electronic waste. Directives such as the waste electrical and electronic equipment (WEEE) and the restriction of hazardous substance (RoHS) have been imposed in this region, which has given a substantial push to the market. Additionally, most of the electronic waste from developed countries are imported to developing or under-developed countries such as Pakistan, China, South Africa, and India caused by the availability of cheap labour coupled with the lack of proper regulatory infrastructure.

The report delivers a 360-degree view of the global electronic recycling market. It does so via historical data, current market scenario, and verifiable projections about market size. Primary and secondary resources have come into play while gathering this study. It presents an extensive understanding of several aspects of the market including trends, opportunities, geographical segmentation, types, technology, and applications.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the global electronic recycling market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders in prioritizing the efforts and investment in the near future to the emerging segment in the global electronic recycling market.

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Scope of Global Electronic Recycling Market:

Global Electronic Recycling Market, By Type of Processed Material:

• Copper
• Steel
• Plastic resins
o Polycarbonate
o Acrylonitrile butadiene styrene (ABS)
o Acrylonitrile butadiene styrene (ABS)
o High impact polystyrene (HIPS)
o Polystyrene
o Others
• Others (zinc, tin, nickel, lead, aluminum, gold, silver, so on)
Global Electronic Recycling Market, By Type of Equipment Processed:

• Computers
• Telecom
• Industrial
• Consumer
• Others
Global Electronic Recycling Market, By Source of Equipment:

• Consumers/residential
• Manufacturers/Industry users
• Government agencies
• Schools/universities
• Commercial
Global Electronic Recycling Market, By Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Key Players Operated in Market Include:

• AERC Recycling Solutions
• American Retroworks Inc.
• A2Z Group
• Dlubak Glass Company
• CRT Recycling Ltd.
• Eco-Tech Environmental Services Inc.
• Fortune Plastic & Metal Inc.
• Sims Metal Management Limited
• MBA Polymers Inc.
• URT Solutions

This Report Is Submitted By : Maximize Market Research Company

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