World e-cycling market worth US$ 76 billion+ by 2022

By Carolina Curiel

The global electronic recycling market is expected to exceed more than US$ 76 billion by 2022, according to new date by Market Research Engine. This represents a compound annual growth rate of more than 23% in the given forecast period.

RecyclingInternational- The upsurge in e-cycling around the world is mainly said to be due to an increase in urban mining as well as the rise of consumer electronics consumption and more political awareness regarding sustainable practices.

The need for more efficiency in collection methods is hailed as a ‘restraining factor’, as are illegal exports of hazardous waste and the need for more advanced recycling technologies.

The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. The regions North America, Europe, Asia Pacific, Latin America, Middle East and Africa are all represented in the report, with an in-depth look at, for instance, India, Brazil and Gulf Coast Cooperation countries.

It also gives an analysis per type of material processed, such as; copper, steel, polystyrene (and high impact polystyrene), polycarbonate, acrylonitrile butadiene styrene, and others.

Courtesy : recyclinginternational.com