Global E-Waste Recycling and Reuse Services Market is Expected to Reach USD 18,268.3 Million in 2017: Transparency Market Research
According to a new market report published by Transparency Market Research "E-Waste Recycling and Reuse Services Market - Global and China Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2010 - 2017," the global e-waste recycling and reuse services market will account for USD 9,828.0 million in 2012 and is expected to reach USD 18,268.3 million in 2017, growing at a CAGR of 13.2% from 2012 to 2017. In the overall global market, EMEA is expected to retain its top position in terms of e-waste generation till 2017. Material processing and recovery is the largest contributor for e-waste recycling and reuse services, accounting for 36.4% of the e-waste services revenue in 2012.
The global and Chinese e-waste recycling and reuse services market is driven by limited shelf life of electronic products, existence of rare earth metals, growing health and environmental concerns, and high rate of obsolescence. However, the e-waste recycling and reuse services market is inhibited by high e-waste management cost, low awareness in less developed nations and few e-waste collection zones.
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The global e-waste services market grown from USD 8,682 million in 2010 to USD 9,828.0 million in 2012. The Chinese E-waste services market is expected to surpass USD 1 billion mark by 2017. The material processing and recovery services and triage and de-manufacturing services will account for more than 55% of the Chinese e-waste services revenue in 2017.
Out of the total e-waste produced in 2010, 9,188.4 thousand tons of e-waste was recycled and reused. It is expected that by the year 2017, 12,263.8 thousand tons e-waste generated from household appliances will be recycled and reused, as against 3,611 thousand tons recycled and reused in 2010.
The global revenue generated through recycling/reuse of e-waste components such as metals, plastics, silica and others will reach USD 13,856.6 million in 2012. This will further reach USD 25,192.8 million in 2017 at a CAGR of 12.7% during the forecast period. Recycled metals are the largest revenue generating segment accounting for about 53.7% revenue of the e-waste recycled components market in 2012.
The interest shown by various electronic goods manufacturers open new horizons for the e-waste services market by accepting the discarded electronic products and recycling and reusing it rather than dumping it. Dumping and land filling are some of the burning issues still debated across the globe; however EPA regulations has helped stop land filling across many developed countries.
This research is specially designed to estimate and analyze the demand and performances of the e-waste recycle and reuse services market and thus its segments in the global market. The research provides in-depth analysis of the various services being provided in the e-waste market, the current and projected volume produced and disposed through various methods, trend analysis by segments and demand by geography. The report covers all the major segments of the e-waste market as per the source of e-waste generation and the disposal methods market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered. The study presents a comprehensive assessment of the stakeholder strategies, winning imperatives for them by segmenting the e-waste recycle and reuse services market as below:
Consumer and Lighting Equipment
Other Household Appliances
IT and Telecommunications Products
Computers and Computer Peripherals
- Recycle and Reuse Services
- Collection Services
- Refurbishment and Reuse
- Asset Management and Logistics
- Triage and De-manufacturing
- Material Processing & Recovery
- By Recycled Component
- Recycled Metals
- Recycled Plastics
- Recycled Silica
- Other Recycled Components
- By Geography
- North America
- Europe, Middle East and Africa (EMEA)
- Asia Pacific
- Latin America
The in-depth research and high level analysis will allow the e-waste recycle and reuse services providers, lawmakers, large resellers and research and development agencies to make informed decisions about the e-waste recycle and reuse services industry's designing, marketing and growth strategies and thus gain competitive advantage.
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