E-Waste Management Market in Asia-Pacific Estimated to Observe Significant Growth in Upcoming Growth - Top Industry Players Profiled Such as SIMS Recycling Solutions, UMICORE SA, Enviro-Hub Holdings Limited, DOWA Holding Co. Ltd., VIROGREEN, Sumitomo Corp

The increasing exports of electronic waste to countries like China and India, from developed regions, has led to the formulation of stringent regulatory norms as a strong measure to curb the illegal trade practices and transfer the waste to regulated recycling companies. The constant upgrades in technology impel the need for the safe disposal of E-waste in this region.

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The impending need of disposing these huge volumes of E-Waste along with issues related to environmental degradation and health concerns pose a major challenge for countries. The hazards arising from unprocessed disposal of E-Waste and the heavy investments associated with the recycling of products are key factors that restrain the market.

E-Waste comprises household appliances and used electronic devices that are rendered functionless. The ongoing industrialization and technological advancements lead to product launch and upgrades to existing products, which further leads to obsoleting products and subsequently results in a huge volume of electric and electronic wastes.

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The government regulations in Asia-Pacific countries such as China, India, and Singapore mandate the recycling of E-Wastes. Moreover, an increase in buying the power of consumers along with the above-mentioned factors results in the reduced shelf life of electronic products.

Prominent E-Waste Management Market Industry Players in Asia -Pacific:

•Sumitomo Corporation
•SIMS Recycling Solutions
•Enviro-Hub Holdings Limited
•UMICORE SA
•DOWA Holding Co. Ltd.
•VIROGREEN
•MRI e-cycle Solutions
•MBA Polymers Inc.

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