DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/7w7f7b/global_ewaste) has announced the addition of the "Global E-waste Recycling Market 2015-2019" report to their offering.
The Global E-waste Recycling market to grow at a CAGR of 10.7% over the period 2014-2019
The growing volume of e-waste is a major concern globally. Rapid advances in technology and increasing buying power of consumers have resulted in high obsolescence rate of electronic products. Consumers tend to replace older electronic products with latest versions available in the market, leading to dramatic rise in e-waste worldwide. Unscientific disposal of e-waste has triggered serious environmental hazards. Recycling of e-waste enables recovery of precious metals thereby reducing the discharge of serious toxins, chemicals, and heavy metals into the environment.
One of the major trends observed in the market is increased awareness about the need to prevent biological hazards. The increase in concerns about the toxins discharged from unattended e-waste has forced governments and vendors to invest in the market, which is contributing to the growth of the market.
According to the report, the high technology obsolescence rate is one of the major drivers of this market. The growth of the IT industry, new and innovative technologies, and increased buying power of individuals, all have contributed to the high obsolescence rate.
Further, the report states that the increase in the negative effects of e-waste is a major challenge in the market. Improper disposal of e-waste has resulted in an increase in toxic substances that affect the environment.
- CIMELIA Resource Recovery
- Electronic Recyclers International
- SIMS Recycling Solutions
- Stena Techno World
- Waste Management
Other Prominent Vendors
- Ecomation Oy
- Egyptian Electronic Recycling
- Global Electric Electronic Processing
- Intercon Solutions
The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
For more information visit http://www.researchandmarkets.com/research/7w7f7b/global_ewaste