New York City, NY, 04 July, 2018/24 Market Reports:This report studies the global E-waste Recycling market status and forecast, categorizes the global E-waste Recycling market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
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.
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 is valued at 1190 million US$ in 2017 and will reach 1920 million US$ by the end of 2025, growing at a CAGR of 7.1% during 2018-2025.
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