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E-waste Recycling July 13, 2016 10:30:40 AM

Global E-waste management market to grow at a CAGR of 22.7% between 2016 and 2021

Paul Ploumis
ScrapMonster Author
According to a new research report released by Zion Research, global e-waste management market is poised to register explosive growth during the five-year period from 2016 to 2021.

Global E-waste management market to grow at a CAGR of 22.7% between 2016 and 2021

SPOKANE (Scrap Monster): According to a new research report released by Zion Research, global e-waste management market is poised to register explosive growth during the five-year period from 2016 to 2021. The report titled “E-Waste Management Market by Type (Trashed and Recycle), by Source (Household Appliances, IT & Telecommunications, Consumer Electronics and Others): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021” predicts a CAGR growth of 22.7% during this period. The industry is likely to touch USD 58.0 billion by 2021.

The report provides historic data for 2015 and a forecast of the market based on volume and revenue for the period from 2016 to 2021. It lists out various drivers and restraints for the e-waste management market and provides detailed analysis on their impact on demand. The report also includes a detailed study on global opportunities available in the e-waste management market.

In addition to providing global perspective, the report also covers forecast and analysis on a regional and country basis. The regions covered include North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The countries covered include the US, the UK, France, Germany, China, Japan, India and Brazil. Incidentally, e-waste management market in 2015 was dominated by North America which accounted for almost one-third share of the total revenue generated. Europe remained the second largest contributor of e-waste revenues generated during the year.

The major source segments covered in the report include Household Appliances, IT & Telecommunications, Consumer Electronics and Others. The report also segments the e-waste management market by two main types-trashed and recycled. It provides segmentation of e-waste management market based on individual sources in various regions and countries.

The report features detailed profiles of leading industry players such as CRT Recycling Incorporation, Umnicore, MBA Polymers Incorporation, SIMS Recycling Solutions,    LifeSpan Technology Recycling Incorporation, Enviro-Hub Holdings Limited and Electronic Recyclers International Incorporation. The profiled details include company overview, financial overview, business strategies and recent developments in the company.

According to the report, global e-waste management market is primarily driven by short lifespan of electronic goods on account of advancement in technology. It predicts that government support will turn out to be the key driving factor capable of boosting the e-waste management market in the near-term. Higher cost for disposal and recycling of electronic components is likely to slow down the growth of e-waste management market. However, proper disposal and recycling techniques need to take top priority as toxic emissions from this waste could lead to serious environmental and health issues.

The comprehensive analysis of varied aspects of the market provided in the report is based on research results and technical insights obtained through a combination of both primary and secondary research by analysts. Primary research comprises of extensive interviews with industry participants and commentators. Secondary research sources include company website, various reports published in the site, government databases, broker reports etc. In cases where no hard data is available, Zion Research has used models and estimates to produce relevant data.

 

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