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Download Free sampleThe global Electronics Recycling market was valued at 2040.42 Million USD in 2021 and will grow with a CAGR of 7.31% from 2021 to 2027, based on Research newly published report.
The prime objective of Electronics Recycling Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Electronics Recycling Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Electronic recycling helps to recover precious metals by ensuring that toxic and hazardous substance are handled properly thereby minimizing the environmental impact associated with mining.Geographically, Europe dominated the e-waste recycling market followed by North America in 2017. The European recycling rate is slightly higher than North America due to efficient approach to recycling guided by two directives; RoHS Restriction of Hazardous Substances Directive and the Waste Electrical and Electronic Equipment (WEEE). Most of the e-waste from developed countries was imported to developing countries such as India, China and Pakistan due to cheap labor and no mandatory recycling regulations. In addition, the amount of e-waste in South Africa is expected to increase eight times in near future. This is because South Africa is extensively serving as dumping ground for e-waste.
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