Albany - NY, Oct. 21, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research announces the release of a new research report titled "Electronic Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019". The report, available for sale on the company website, states that in terms of value, the global market for electronic recycling is estimated to grow at an impressive 23.0% CAGR from 2013 to 2019, rising from US$9.8 bn in 2012 to US$41.3 bn in 2019. By volume, the global electronic recycling market is poised to grow from 48.4 mn tons in 2012 to 141.0 mn tons in 2019.
Escalating purchase and consumption of electronic products, rise in government concern over e-waste, support of favorable industry certifications and regulations, and urban mining are factors mainly responsible for the development of the global electronic recycling market. To provide an in-depth and granular analysis of the overall electronic recycling market, the research report segments it on the basis of type of processed material, type of processed material used as stock, type of equipment processed, source of equipment, and geography.
Browse the full Electronic Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 report at http://www.transparencymarketresearch.com/electronics-recycling-market.html
By type of processed material used as stock, the electronic recycling market comprises steel, copper, plastic resins, and others such as tin, zinc, lead, nickel, gold, aluminum, and silver. Of these, steel accounted for the majority at the beginning of the forecast period.On the basis of type of equipment processed, the electronic recycling market is categorized into telecom, computers, consumer, industrial, and others. Given the decrease in average lifecycle, computers dominated the electronic recycling market.
By source of equipment, the electronic recycling market is segmented into industry users and manufacturers, residential users and consumers, schools and universities, government agencies, and commercial sector. The commercial sector held the largest share of the electronic recycling market in 2012.
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Geographically, the global electronic recycling market is fragmented into North America, Europe, Asia Pacific, and Rest of the World. Europe, followed by North America, dominates the overall market mainly owing to the efficient enforcement of regulations pertaining to recycling of e-waste. Directives such as the Waste Electrical and Electronic Equipment (WEEE) and the Restriction of Hazardous Substances (RoHS) are mainly responsible for the growth of the electronic recycling market in Europe. South Africa is soon emerging as a strong contender given that it is already a dumping ground for e-waste stemming from developed countries. Other developing economies such as China, India, and Pakistan hold immense potential for growth for the same reason as South Africa.
The leading players operating in the global electronic recycling market include A2Z Group, Dlubak Glass Company, Universal Recyclers Technologies, Fortune Plastic and Metals Inc, AERC Recycling Solutions, Eco-tech Environmental Services Inc., American Retro Works Inc, CRT Recycling Ltd., MBA Polymers, Inc., and Sims Metal Management Limited. These players are profiled in the report on the basis of company overview, financial standing, recent developments, business strategies, and SWOT analysis.
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Electronic Recycling Market, by type of processed material
- Copper
- Steel
- Plastic resins
- Polycarbonate
- Acrylonitrile butadiene styrene (ABS)
- Acrylonitrile butadiene styrene (ABS)
- High impact polystyrene (HIPS)
- Polystyrene
- Others
- Others (zinc, tin, nickel, lead, aluminum, gold, silver, so on)
Electronic Recycling Market, by type of processed material used as stock
- Copper
- Steel
- Plastic resins
- Polycarbonate
- Acrylonitrile butadiene styrene (ABS)
- Acrylonitrile butadiene styrene (ABS)
- High impact polystyrene (HIPS)
- Polystyrene
- Others
- Others (zinc, tin, nickel, lead, aluminum, gold, silver, so on)
Electronic Recycling Market, by type of equipment processed
- Computers
- Telecom
- Industrial
- Consumer
- Others
Electronic Recycling Market, by source of equipment
- Consumers/residential
- Manufacturers/Industry users
- Government agencies
- Schools/universities
- Commercial
Electronic Recycling Market, by geography
- North America
- Europe
- Asia Pacific
- Rest of the World
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