E-waste recycling sector to grow at 23% CAGR between 2013 and 2019

ALBANY (Scrap Monster): The latest report published by Transparency Market Research (TMR), based on a study conducted in collaboration with the United Nations, forecasts global electronics recycling industry to grow at a compound annual growth rate (CAGR) of 23% between 2013 and 2019.

The study report titled “Electronic Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019” notes that global electronics recycling market was valued at nearly $10 billion in 2012. The report states that around 65 million tons of electronic waste will be generated by 2017. The rising technological investments, increased awareness among consumers about need to dispose of their unwanted electronic goods and stricter recycling rules will function as the key drivers for e-waste recycling market during this period, TMR study observed.

The TMR study provides detailed analysis and growth prospects of the electronic recycling market by the type of processed materials, type and process of processed equipment and by geographical location. A detailed market analysis and forecast based on equipment, source of equipment and geographies for the period from 2013 to 2019 is being provided. It also provides forecast of market revenue for the period, by considering 2012 as the base year.

The processed materials covered by the report include copper, steel, plastic resins and others such as lead, nickel, gold and so on. The source of equipment is categorized into consumer/residential, industry users/manufacturers, government agencies, schools and universities, and commercial segment. The electronic equipment under study are classified into computer, telecom, industrial, consumer and others.

The concluding part of the report features company profiles of major industry players including Sims Metal Management Limited (U.S.), CRT Recycling Ltd. (U.S.), AERC Recycling Solutions (U.S.), MBA Polymers, Inc. (U.S.), Universal Recyclers Technologies (U.S.), Fortune Plastic and Metals Inc (U.S.), Dlubak Glass Company (U.S.), American Retro Works Inc (U.S.), Eco-tech Environmental Services Inc. (U.S.) and A2Z Group (India).