Los Angeles, CA -- (SBWIRE) -- 04/29/2019 -- E-waste recycling industry refers to the work or business contains the collecting, transporting, re-using or processing of e-waste.
As the electronics industry is developing rapidly worldwide, the volume of electronic equipment generated is increasing in amazing speed, as well as the e-waste. These e-wastes contain lot of valuable materials or equipment that can be recycled. And e-waste also contains toxic and hazardous materials including mercury, lead, cadmium, beryllium, chromium, and chemical flame retardants, which have the potential to leach into our soil and water.
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Currently, the volume of e-waste that can be recycled properly is less than 20% of the total volume of e-waste generated worldwide each year. There is still quite a lot of work should be done to promote the development of e-waste recycling industry.
Growing numbers of governments are beginning to make laws or taking more strict measures to restrict the incineration or fill of e-waste and try to ban undocumented workshops of e-waste recycling.
As the recycling and processing technology of e-waste is developing, the e-waste is getting re-used more properly and deeply. The cost of recycling and processing of e-waste is reducing, and the profit level of authorized e-waste recycling enterprises is increasing.
Although recycling and processing of e-waste may bring a lot of opportunities to related enterprises, the study group recommends that new entrants those just have money but without technical advantage do not enter into the e-waste recycling industry.
The global E-waste Recycling market was 1190 million US$ in 2018 and is expected to 1920 million US$ by the end of 2025, growing at a CAGR of 7.1% between 2019 and 2025.
This report studies the E-waste Recycling market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
Sims Recycling Solutions
Eletronic Recyclers International
Stena Metall Group
By the product type, the market is primarily split into:
Infocomm technology (ICT) equipment
By the end users/application, this report covers the following segments:
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