E-Recycling Market Swot Analysis by key players DOWA HOLDINGS, Ecoreco, Electronic Recyclers International

According to our latest market study on "E Recycling Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product Type and Processed Material," the e-recycling market is projected to reach US$ 8,199.04 million by 2028 from US$ 3,222.13 million in 2021; it is expected to grow at a CAGR of 14.3% during 2021-2028.

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The E-Recycling Market has witnessed continuous growth in past few years and is projected to grow at good pace during the forecast period of 2021-2028. The exploration provides a 360° view and insights, highlighting major outcomes of E-Recycling industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. Additionally, the study helps venture or emerging players in understanding the businesses to make well-informed decisions. Some of the major and emerging players within the market are DOWA HOLDINGS Co., Ltd; Ecoreco Ltd.; Electronic Recyclers International, Inc. (ERI); Enviro-Hub Holdings Ltd.; Global Electric Electronic Processing (GEEP); JX Nippon Mining and Metals Corporation; Sims Metal Management Limited; Stena Metall AB; Tetronics Limited; and Umicore.

Definition:
An expected life cycle of any electronic product is the duration entailing its introduction, maturity in demand, and disposal or recycling phases. These products reach the recycling stage due to the end of their functional life, upgrades in associated technologies, and changes in consumer demands. With technological innovations, new products with updated features and additional service back-up replace the products enabled with older technologies, which results in the generation of massive e-waste volumes. Mobile devices, televisions, and computer devices are among the fast-growing electronic segments that undergo frequent upgrades. There is a continuous increase in the sales of these electronics with a surge in purchasing power with the rise in disposable income of people. The life expectancy of these gadgets has been lowered to ~3-4 years; as a result, the volume of e-waste produced is rapidly increasing, compelling e-waste recycling industry players to establish a more accessible e-waste collection and processing network in the E- recycling market. The continued sale of electronic items, particularly in emerging markets, will present a lucrative environment for e-waste management in the coming years. For instance, in the smartphone industry, the manufacturers are continuously upgrading their models year-on-year, which is leading the customers to their existing models, resulting in increase in e volume. This parameter is positively impacting the growth of the e recycling market.

Breakdown by segments, the market is categorized as:
E Recycling Market By Product Type
IT & Telecom Equipment,
Small Household Appliances,
Large White Goods,
Consumer Electronics, and
Others),

By Processed Material Type
Metal,
Glass,
Plastic, and
Others

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The social, environmental, and economic boundaries are the major factor of concern while transferring standard technology to Asia Pacific countries. Moreover, the informal sector's dominance and success must be considered before commencing such technology transfer to these countries. The key to a successful e-waste management program is innovative models that allow the informal sector to adopt safe recycling methods. On the other hand, hazardous operations are also outsourced to professional recycling recyclers in the e-recycling market. The need to emphasize encouraging the informal sector to increase the e-waste collection and pre-processing efforts through training and technology transfer is expected to create enormous opportunities for the e- recycling market players.

Extracts from Table of Contents :
1. E- Recycling Market Overview
- Market Snapshot
- Definition
- Product Classification
2. E- Recycling Market Dynamics
- Drivers, Trends, Restraints......
- Market Factors Analysis
3. New Entrants and Entry-barriers
4. Standardization, Regulatory and collaborative initiatives
- Manufacturing Process Analysis
- Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers
5. Global E-Recycling Market Competition by Manufacturers
6. E- Recycling Market Value [USD], Capacity, Supply (Production), Consumption, Price, Export-Import (EXIM), by Region
….Continued

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