The global E-waste Recycling market is valued at 1190 million US$ in 2018 is expected to reach 1920 million US$ by the end of 2025, growing at a CAGR of 7.1% during 2019-2025.
Los Angeles, CA -- (SBWIRE) -- 06/27/2019 -- 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.
This report includes the following manufacturers; we can also add the other companies as you want.
Sims Recycling Solutions
Eletronic Recyclers International
Stena Metall Group
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