The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on E-Waste Recycling Market. The growth sectors of the E-Waste Recycling Market are identified with precision for a better growth perspective.
The Electronic Waste Recycling market is growing rapidly. Increased electronic wastes and increasing the need for effective electronic waste management are driving the Electronic Waste Recycling market. The Electronic Waste Recycling market is globally emerging across world. The higher environmental concerns and awareness are the factors accelerating the Electronic Waste Recycling market.
It has been observed that many organizations non-profit and profit making are taking many initiatives for electronic waste recycle. The study indicates that the government initiatives and the current trend towards electronic waste recycling indicates the growth in the electronic waste recycling market. The electronic waste recycling has numerous benefits as elimination of health and environment hazards, conservation of resources, energy efficiency, economic growth and others which are also the driving factors for the electronic recycling industry market. The lack awareness about the effective electronic waste recycling methods is the only restraining factor for the electronic waste recycling market.
The study indicates that many initiatives are taken by the non-profit organizations to create awareness about electronic waste recycling. As per a recent news Goodwill a leading retail store chain and donation center is going to reopen at new locations and is hosting an Earth Day electronic-waste recycling event as part of the event.
According to Market Research Future Analysis, Global Electronic Waste Recycling Market has been valued at US $ ~26 Billion by the end of forecast period with ~17% of CAGR during forecast period 2016 to 2022.
Market Research Future (MRFR) recognizes the following companies as the key players in the Electronic Waste Recycling Market: – Polymers, Inc. (California), Electronic Recyclers International, Inc. (U.S.), Sims Metal Management Ltd. (Australia), Aurubis AG (Germany), Boliden AB (Sweden), Stena Technoworld AB (Sweden), Tetronics (International) Ltd. (U.K.), Enviro-Hub Holdings Ltd. (Singapore), Global Electric Electronic Processing Inc. (Canada), Umicore S.A. (Belgium) among others.
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
The Electronic Waste Recycling market has been segmented on the basis of components of processed materials and sources of equipment processed. The components of processed materials segment consists of plastic, glass, mercury, metals, printed circuit boards, hard drives, batteries and others. The study indicates that by components of processed materials segment, plastics and printed circuit boards segment has a larger share in the electronic waste recycling market. The source of equipment processed consists of Household appliances, IT and Telecommunication, Consumer Electronics and others. The study indicates that by source of equipment processed, the consumer electronics and household appliances would hold a major share in the electronic waste recycling market.
Electronic Waste Recycling Market is probable to expand at 13.03% CAGR over 2024, Global Electronic …
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Market Research Future
+1 646 845 9312