E-Waste Management Market 2014-2020 Shares, Trend and Growth Report

E-waste or electronic waste is waste material created by rejected electronic devices and components as well as materials involved in their manufacture or use. Although e-waste is a generic term, it cover televisions, computers, mobile phones, white goods such as fridges, washing machines, toys, tablets, digital cameras, dryers, home entertainment systems, stereo systems, toasters, kettles – almost any household or business item with circuitry or electrical components with power or battery supply. E-waste is mounting exponentially since manufacture of electronic products are growing rapidly in many parts of the world due to inclination of people towards technology and electronic gadgets.

The growing market penetration in developing countries, replacement market in developed countries and a high undesirability rate make e-waste one of the fastest waste streams. This form of waste is posing a serious concern in disposal and recycling to both developing and developed countries. E-waste can be used as a resource that contains useful material for economic benefit in recovery of plastic, iron, glass, aluminium, copper and other precious metals such as silver, gold, platinum and palladium, and lead, cadmium, mercury etc. However, some components contain toxic substances which adversely affect human health and environment, increasing land, air and water pollution. Few toxic chemicals widely used are lead, cadmium, mercury, beryllium, BFR, polyvinyl chloride and phosphor compounds, polychlorinated bi-phenyls (PCBs), etched chemicals, and arsenic and flame retardants. Vain and incompetent waste management results in greenhouse gas and toxic emissions, and the loss of precious materials and resources.

One of the main reasons for growth of e-waste is rapid product innovation, especially in electronics and home appliances like migration from analogue to digital technologies and to flat-screen televisions and monitors. Additionally, economic growth coupled with...