Albany, NY -- (SBWIRE) -- 10/04/2012 -- Electronics recycling is a process by which E-waste is to be recycled and that waste contains materials that are not biodegradable and harmful for environment. So by recycling the electronics products they can be used for resale and reuse. E-waste contains lead, cadmium, and many harmful components which cause serious health issues and pollution.
Electronics recycling market is driven by many factors which supports the growth of this market. Increasing awareness about eco-friendly environment, the need to make the environment green and clean are some pushing factors. Governments are also drafting stringent policies regarding E-waste so that people know the benefits of recycling; these initiatives are taken by developed countries as well as developing countries.
Read More: Electronics Recycling Market
Recycling of electronics is certainly a growth industry, according to the marketers this is a promising business to enter, and requires very less capital investment. New and advanced technology is helping to recycle the waste effectively and safely. From the career point of view, this industry is on a boom; the increasing electronics waste is leading to more requirement of workforce.
The electronics recycling market is expected to reach at USD 23.4 billion at the growth rate of 16.7 in the year 2018, as the market was $6.8 billion in the year 2010.
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