E-Scrap and Printed Circuit Board (PCB) E-Scrap Market is to reach 3.14 Mn tons by 2026
The global e-scrap and printed circuit board (PCB) e-scrap market features a diversified and highly fragmented vendor landscape, with players focusing on rising growth opportunities across emerging economies, observes Transparency Market Research in a recent report. Rising numbers of stringent regulations pertaining to the proper management and disposal of e-waste in emerging economies are compelling companies to expanding across regions such as Asia Pacific and Latin America through mergers and acquisitions.
Some of the leading companies operating in the global e-scrap and printed circuit board (PCB) e-scrap market are Umicore N.V., LS-Nikko Copper Inc., Boliden Group, Dowa Holdings Co. Ltd., and Ultromext Ltd.
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According to the report, the global printed circuit board (PCB) e-scrap market will expand at an impressive 7.3% CAGR from 2016 to 2026. At this pace, the market is expected to rise to a potential of 3.14 mn tons by 2026. Over the same period, the market for e-scrap is expected to clock in a CAGR of 5.6%.
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Of the key sources of e-scrap and PCB e-scrap, the segment of household appliances presently accounts for the dominant share of the total volume acquired by the overall market. The segment is also expected to remain the key contributor of e-scrap and PCB e-scrap over the next few years owing to the rising usage of complex electronics devices such as smartphones, laptops, tablets, and a variety of connected devices.