Growing Sales of Electronic Products Drives Market for E-Scrap and Printed Circuit Board (PCB) Market

The global e-scrap and printed circuit board (PCB) e-scrap market is fragmented and diversified. A report by Transparency Market Research forecasts the volume in the global market for e-scrap to expand at a CAGR of 5.6% during the period from 2016 to 2026. The global printed circuit board (PCB) e-scrap market, on the other hand, was about 1.46 million tons in 2015 and is forecasted to reach 3.14 million tons by 2026, by rising at a CAGR of 7.3% from 2016 to 2026. The global e-scrap market was valued at 43.7 million tons and US$55.34 bn in 2015.

Which source of e-scrap has maximum market share?

The global market for e-scrap and printed circuit board (PCB) has been divided based on different parameters. Based on the source of e-scrap, the key segments of the market are household appliances, entertainment devices, IT and telecommunication products, etc. Among them, the e-waste produced from household appliances held maximum share – about 45% – in the market, in 2015. In addition, the segment is predicted to grow at a healthy clip in the near future on account of the high usage of various types of electronic equipment in household application in terms of units.

Geographically which is the dominant region?

From a geographic standpoint, Asia Pacific is the dominant market for e-scrap and PCB e-scrap. It held about 40% share in the overall e-scrap market’s volume and value in 2015. The region is also slated to outshine all other regions in terms of growth in the forecast period, powered primarily by the countries of China, India, South Korea, and Japan.

What is driving growth in the market?

At the forefront of driving growth in the global e-scrap and PCB e-scrap market are growing number of electronic products in urban households on account of the increasing urban incomes. They generate maximum e-waste from which recovery of different metals is crucial in order to save energy. In addition, recycling of e-waste also serves to bring down the burden on the mining industry hard-pressed to provide primary metals.

Why is rising application of copper in construction proving beneficial to market?

The abundant use of copper in the construction and telecommunication industry and in the installation of electric grids is likely to drive the demand for e-scrap and printed circuit board (PCB) e-scrap recycling in the next couple of years. The swift pace of urbanization in developing Asia Pacific economies, which represent the major regional markets for e-scrap and PCB e-scrap market players, could thus play a pivotal role in the market’s growth in the next couple of years.

On the flipside, however, the dearth of awareness about the dangers of e-scrap and the utility of recycling could deter the e-scrap market in developing regions in the next couple of years.


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