Global Electronic Product Recycling Market Overview:
Electronic Product Recycling refers to reprocessing and reuse of electrical and electronic equipment i.e. E-waste of any type that has been regarded or discarded as non-working. This process seeks to recover material from electronic waste which can be used in the new electronic product. E-waste products such as screens, monitors, lamps, small IT and telecommunication equipment, small equipment, large equipment, others are recycled with several types of recycling methods.
- Rising need for Effective and Efficient E-Waste Management among the Industries
- Regulatory Guidelines May Restrain Electronic Product Recycling
- Increasing Awareness about the Hazardous Effects of E-Waste on Environment Leads Growth of The Electronic Product Recycling Business In The Market
- Booming Electronic Product Recycling Businesses in The Indian Market
- Growing IT and communication sectors in developing countries challenging Electronic Product Recycling market
The Global Electronic Product Recycling market is segmented with the presence of various players in the Market. Governments are driving e-waste recycling & reuse programs across the world. Companies offering Electronic Product waste management solutions to different industries such as construction, chemical, oil, gas, etc. Players also provide solutions to reuse the electric and electronic equipment waste in the new electronic products. The player is also participating in strategic activities like mergers and acquisitions to enhance their market presence
Some of the key players profiled in the report are Aurubis AG (Germany), Umicore (Belgium), Sims Limited. (Australia), Boliden Group (Sweden), Stena Metall Group (Sweden), Tetronics (United Kingdom), ERI (United States), ENIRO-HUB HOLDINGS LTD. (Singapore), TRIPLE M METAL LP (United States), Global Electric Electronic Processing Inc. (GEEP) (United States), Exigo Recycling Pvt Ltd (India), ELDAN Recycling A/S (Denmark) and Green Wave Electronics, LLC. (United States). Considering Market by Components, the sub-segment i.e. Plastic will boost the Electronic Product Recycling market. Considering Market by Industry Verticals, the sub-segment i.e. Construction will boost the Electronic Product Recycling market. Considering Market by E-waste Type, the sub-segment i.e. Temperature exchange will boost the Electronic Product Recycling market.
Latest Market Insights:
On 23 August 2021, QGistix, LLC., a leading Reverse Logistics company located adjacent to the Hartsfield-Jackson International Airport in Atlanta, is proud to announce the acquisition of Green Wave Computer Recycling, LLC., located in Indianapolis, IN. The acquisition is effective, on August 20, 2021. The combined company will be named Green Wave Electronics, LLC.
“In 2006, EPA amended its regulations to streamline management requirements for recycling of used CRTs and glass removed from CRTs. The amendments excluded these materials from the Resource Conservation and Recovery Act definition of solid waste, if certain conditions are met. On June 18, 2014, EPA finalized revisions to the export provisions of the 2006 CRT final rule. These changes allow the Agency to obtain additional information to better track exports of CRTs for reuse and recycling in order to ensure safe management of these materials.”
What Can be Explored with the Electronic Product Recycling Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Electronic Product Recycling Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Electronic Product Recycling
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Electronic Product Recycling market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Electronic Product Recycling market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Electronic Product Recycling Service Providers, Electronic Product Recycling, Potential Investors, Electronic Product Recycling Industry Association, Research and Development Institutes, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Electronic Product Recycling Market?
The Electronic Product Recycling market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in Electronic Product Recycling Market?
Top performing companies in the Global Electronic Product Recycling market are Aurubis AG (Germany), Umicore (Belgium), Sims Limited. (Australia), Boliden Group (Sweden), Stena Metall Group (Sweden), Tetronics (United Kingdom), ERI (United States), ENIRO-HUB HOLDINGS LTD. (Singapore), TRIPLE M METAL LP (United States), Global Electric Electronic Processing Inc. (GEEP) (United States), Exigo Recycling Pvt Ltd (India), ELDAN Recycling A/S (Denmark) and Green Wave Electronics, LLC. (United States), to name a few.
3. What trending factors would impact Electronic Product Recycling Market growth most?
"Increasing Demand of Electronics Product Worldwide Moving towards Developing and Promoting The use of Recycled And Refurbished Electrical And Electronic Products." is seen as one of major influencing trends for Electronic Product Recycling Market during projected period 2021-2027.