A research study, titled “Electronic
Scrap Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2022,” published by Transparency Market
Research offers a comprehensive analysis of the market. According to the
research study, in 2014, the global electronic
scrap recycling market stood at US$11.03 bn and is
anticipated to reach a value of US$34.32 bn by 2022. The market is expected to
register a 15.70% CAGR between 2015 and 2022.
Electronic and electrical products are considered as a vital
part of our daily life. Thus, it is essential to ensure that these products
have minimum impact on the environment, especially after they are discarded at
the end of their operational life. This is leading to an increased need for
appropriate recycling technologies and solutions. The rising use of electronic
products, conservation of resources and energy, and shorter product lifestyles
all helping the growth of the electronic scrap recycling market.
Get More Information:
The
global market for electronic scrap recycling has been divided on the basis of
metals extracted into precious, ferrous, and non-ferrous metals. In 2014, the
ferrous metals segment dominated the market, holding a 40% share in the global
market for electronic scrap recycling. Nevertheless, the precious metals
segment is expected to log a progressive 11.20% CAGR between 2015 and 2022. By
product type, the global market for electronic scrap recycling has been
categorized into large white goods, IT equipment, office equipment, handheld
devices, small home appliances, and others. In 2014, the large white goods
segment led the market, holding a 50% share in the global market for electronic
scrap recycling. On the other hand, the small home appliances segment is
projected to grow rapidly in the overall electronic scrap generation market
throughout the forecast period.
By geography, the global market for electronic scrap recycling
has been segregated into Asia Pacific, Europe, Latin America, North America,
and the Middle East and Asia. In 2014, Europe led the market, holding a 29%
share in the global market for electronic scrap recycling and is anticipated to
remain in the leading position in the next few years.
On the other hand, Asia Pacific is projected to witness rapid
growth in the forecast period, thanks to several growth opportunities offered
by India, Japan, Australia, South Korea, Singapore, and China. The rapid
industrialization and technological developments have resulted in mass
electrical and electronic waste in this region. As a result, governments are
formulating several regulations to boost recycling of electronic waste.
Moreover, the growing awareness regarding the dangerous effects of hazardous
metals and minerals contained in electronics on the environment and health is
further anticipated to augment the growth of the market in the near future.
The research study further analyzes the key players operating in
the global market for electronic scrap recycling and offers a detailed vendor
analysis for the same. Detailed company profiles, contact information, business
strategies, SWOT analysis, financial overview, and mergers and acquisitions
have been included in the research study. Some of the leading players mentioned
in the research study are Umicore N.V., Outotec Oyj, Dowa Holdings, Co., Ltd.,
Enviro-Hub Holdings Ltd., Aurubis AG, LS-Nikko Copper Inc., Boliden Group,
Mitsui & Co., Ltd., JX Holdings, Inc., Ultromex Ltd., and Glencore Xstrata
PLC.
No comments:
Post a Comment