LONDON--(BUSINESS WIRE)--By 2016 the volume of electronic waste will reach in excess of 93.5 million tons, compared with 141.5 million tons in 2011. The e-waste management market will grow from $9.15 billion to address the increase in waste volume, which has been triggered by the fast pace of technology development, according to a new report available on companiesandmarkets.com.
Global E-Waste Management Market (2011 – 2016)
http://www.companiesandmarkets.com/Market-Report/global-e-waste-management-market-(2011-2016)-687276.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2
The world of consumer electronics is highly competitive and experiences frequent launches of new technologies, upgrades, equipment and concepts. As prices for new equipment drop to more affordable levels, consumers are increasingly taking the view that electronic items have a short shelf life, thus increasing the volumes of e-waste produced.
There remains a distinct gap between the amount of e-waste produced and the volume recycled, which has prompted the EU to legislate and force electronics manufacturers to accept responsibility for safe electronic waste disposal. EU regulations include RoHS, WEEE directive and the Basel Convention, and emphasis is on recycling and re-use of electrical products and components.
A major concern is the illegal dumping of e-waste in developing countries, where recycling facilities do not exist. The African, Chinese and Indian regions are most affected, and are at serious risk of pollution from the toxic materials which are included within many electronic products. The e-waste materials which can be recovered from electronic gadgets and equipment are analysed individually within this research piece, under the following headers: plastic, metals, glass and others.
Full profiles are provided for more than twenty key players in the e-waste management sector, including: Stena Technoworld AB, Umicore SA, Aurubis AG, Global Electric Electronic Processing Inc, Xstrata Copper, Eco International LLC, Mercury Recycling Ltd, Lifespan Technology Recycling Inc and Intercon Solutions Inc.
The August 2011 publication contains 216 pages of detailed insight into the global e-waste management market, with statistical data for the period 2009-2016. Information is split by geography: North America, Europe, Asia Pacific, and Rest of World, as well as by e-waste source.