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Global E-waste Recycling Market Insights, Region, Analysis and Future Forecast till 2022 : Industry Players are Sims Recycling Solutions, Eletronic Recyclers International, Kuusakoski, Umicore, Waste Management, Gem, Stena Metall Group, GEEP and Dongjiang

09-19-2018 08:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Cosmos

/ PR Agency: Research Cosmos
E-waste Recycling Market

E-waste Recycling Market

E-waste Recycling market Overview:
Global E-waste Recycling Market is expected to reach USD 14500 million by 2021 from USD 11300 million in 2016, increasing at a CAGR of 4.86%.

Global E-waste Recycling Market is one of the fastest growing streams in the emerging and developed regions. The reduced life of electrical and electronic components generates large electronic waste, which grows rapidly every year. The growth of the electronic waste market is complemented by the growing need to upgrade to the latest technologies. The desire to adopt new technologically advanced devices is generating millions of tons of electronic waste in different regions. According to the United Nations initiative to estimate e-waste production, the world produced around 50 million tons of e-waste in 2012, at an average of 15 pounds per person worldwide. In 2012, the UN also said that the United Kingdom produces 1.3 million tons of electronic waste. China generated 11.1 million tons of electronic waste, followed by the United States, which accounted for 10 million tons in 2012. In order to reduce the amount of electronic waste generated around the world, E-Waste management initiatives are being taken by the government agencies of various regions. Market players are taking measures to recycle electronic waste in order to reduce the risk of pollution and the environment. In June 2014, Dell, a leading computer manufacturer, launched its first plastic computer made of recycled electronics.

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Drivers and Restraints:
The rapid technological advances and the frequent innovations in the product have led to a rapid increase in the sale of electronic products. Mobile devices, televisions and computers are growing rapidly all over the world. With the increase in purchasing power and the upward trend in disposable income, the sale of these electronic devices continues to increase. In addition, the launch of new products with updated features and additional services encourages customers to update their old products with new products. This has reduced the life of these devices to around 3-4 years. Therefore, it adds more and more electronic waste at an accelerated rate. The continued sale of electronic products, especially in emerging countries, would create a lucrative environment for the management of electronic waste in the coming years. The nature of electronic devices is such that they become obsolete or need to be repaired from time to time, which is a major cause of electronic waste generation. The cost of replacing an electronic device is less than that of repairs. As a result, there has been a growing tendency to buy a new product instead of repairing it. This increase in the obsolescence rate is currently leading to a huge generation of electronic waste. At present, people in most of the world are not aware of the problems caused by electronic waste. They still do not know the effects of this type of waste on the environment, which translates into a small number of recycling activities around the world. This is reinforced by the lack of strict regulatory frameworks in many countries. But the situation is slowly changing around the world, mainly due to the growing number of initiatives of various organizations and the establishment of stringent regulations.

Geographic Segmentation:
Geographically, the market is partitioned into regions like North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is the largest Global E-waste Recycling Market followed by Europe.

Browse More Details of the Report and TOC @ https://www.researchcosmos.com/reports/global-e-waste-recycling-market-report-2017-industry-analysis-trends-and-market-overview/1524643

Key Players:
Some of the key players in Global E-waste Recycling Market are Sims Recycling Solutions, Eletronic Recyclers International, Kuusakoski, Umicore, Waste Management, Gem, Stena Metall Group, GEEP, Dongjiang, Electrocycling, Cimelia, Veolia, Enviro-Hub Holdings, E-Parisaraa, and environCom.

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.

The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Make an Inquiry before buying @ https://www.researchcosmos.com/inquire/global-e-waste-recycling-market-report-2017-industry-an/1524643

Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
kevin@researchcosmos.com
+1 888 709 8757

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