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Global Electronic Recycling Market to Expand at 23.0% CAGR as Electric Waste Generation Spirals

Posted on Jun 29, 2016

Transparency Market Research has recently published a new research report that explains the market drivers and restraints in the global electronic recycling market. The research report, titled “Electronic Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019,” includes a comprehensive view of the overall electronic recycling market. According to the research report, the global electronic recycling market was valued at US$9.8 bn in 2012 and is anticipated to reach US$41.3 bn in 2019, expanding at a CAGR of 23.0% between 2013 and 2019. In terms of volume, the global electronic recycling market will reach 141.0 mn tons in 2019 from 48.4 mn tons in 2012. The research report includes a study of the historical data of the electronic recycling market and matches it to the current market status to provide a trajectory of the overall market.

Browse the full Electronic Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 report at https://www.transparencymarketresearch.com/electronics-recycling-market.html

Electronic recycling has gained monumental importance in the past few years due to the growing amount of electronic waste. Technological advancements along with stringent laws to manage the humungous electronic waste have been driving this market in the recent past. Electronic recycling allows the refurbishment of certain components of electronic goods along with careful disposal of waste materials. This branch of trade also ensures recycling and resale of electronics, thereby reducing the accumulation of waste products. 

The global electronic recycling market has been segmented on the basis of the type of processed material, type of processed material used as stock for new electronic products, type of equipment processed, the source of equipment processed and geography. On the basis of the type of processed material and processed material used as stock, the electronic recycling market is segmented into copper, plastic resins, steel and others.

The equipment processed segment comprises telecom, computers, consumer, industrial, and others. The sources of equipment are manufacturers/industry users, consumers or retailers, government agencies, commercial, and schools or universities. Geographically, this market is segmented into Asia Pacific, Europe, North America, and Rest of the World.

In terms of regions, Europe was leading the global electronic recycling market with North America in tow in 2012. This leadership is attributable to the effective implementation of rules and regulations about e-waste management. Restriction of Hazardous Substances (RoHS) and Waste Electrical and Electronic Equipment (WEEE) initiatives are also driving the overall market. Analysts predict that South Africa will be the next big contributor in the global electronic recycling market as it happens to be a waste dumping ground for countries such as Pakistan, India, and China.

Some of the important companies operating in the global electronic recycling market are MBA Polymers, Sims Metal Management Limited, AERC Recycling Solutions, CRT Recycling Ltd., Inc., Universal Recyclers Technologies, Dlubak Glass Company, Eco-tech Environmental Services Inc., Fortune Plastic and Metals Inc., A2Z Group, and American Retro Works Inc. The report profiles these players to explain the scope of competition and its changing nature in the coming few years. The research report also details the financial overview, research and development strategies, expansion plans, and strategic partnerships of these top players in the global electronic recycling market in the coming few years.

The global electronic recycling market is segmented as follows:

Electronic Recycling Market, by type of processed material

  • Copper
  • Steel
  • Plastic resins
    • Polycarbonate
    • Acrylonitrile butadiene styrene (ABS)
    • Acrylonitrile butadiene styrene (ABS)
    • High impact polystyrene (HIPS)
    • Polystyrene
    • Others
  • Others (zinc, tin, nickel, lead, aluminum, gold, silver, so on)

Electronic Recycling Market, by type of processed material used as stock

  • Copper
  • Steel
  • Plastic resins
    • Polycarbonate
    • Acrylonitrile butadiene styrene (ABS)
    • Acrylonitrile butadiene styrene (ABS)
    • High impact polystyrene (HIPS)
    • Polystyrene
    • Others
  • Others (zinc, tin, nickel, lead, aluminum, gold, silver, so on)

Electronic Recycling Market, by type of equipment processed

  • Computers
  • Telecom
  • Industrial
  • Consumer
  • Others

Electronic Recycling Market, by source of equipment 

  • Consumers/residential
  • Manufacturers/Industry users
  • Government agencies
  • Schools/universities
  • Commercial

Electronic Recycling Market, by geography

  • North America
  • Europe
  • Asia Pacific
  • RoW

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