Around 50 million metric tonnes of e-waste was generated in 2018, which is expected to reach approximately 60 million metric tonnes by 2025. Nearly 20% of e-waste is properly documented and recycled while the status of the remaining 80% e-waste is uncertain. This means that in many countries, thereRead more
Around 50 million metric tonnes of e-waste was generated in 2018, which is expected to reach approximately 60 million metric tonnes by 2025. Nearly 20% of e-waste is properly documented and recycled while the status of the remaining 80% e-waste is uncertain.
This means that in many countries, there are no appropriate disposables or recycling schemes. The developed countries export e-waste for recycling to developing countries as the cost is comparatively lower. This raises the e-waste burden on emerging markets.
Electronic scrap generation and its treatment processes have been regulated in most countries around the world. The European Union (EU) has allowed all producers of electronic goods to be responsible for end-of-life care treatments. Some of these requirements include the Restriction of Hazardous Substances Directive (RoHS), the Basel Convention, and the Waste Electrical and Electronic Equipment Directive (WEEE). Waste management policies and schemes increase jobs, transfer technological knowledge, helping to alleviate poverty and reduce health hazard.
Other main drivers behind the growth of e-waste management are the growing use of smart technology, the choice for green packaging, use of renewables and materials, modification of production processes, growth in emerging markets, and higher rates of replacement of advanced electronic products.
Nonetheless, e-waste disposal costs would likely restrain the market growth. Moreover, the high cost of recovering the materials remains the major obstacles for growth in e-waste management.
What is the global market size of e-waste management?
MetalFasts
Around 50 million metric tonnes of e-waste was generated in 2018, which is expected to reach approximately 60 million metric tonnes by 2025. Nearly 20% of e-waste is properly documented and recycled while the status of the remaining 80% e-waste is uncertain. This means that in many countries, thereRead more
Around 50 million metric tonnes of e-waste was generated in 2018, which is expected to reach approximately 60 million metric tonnes by 2025. Nearly 20% of e-waste is properly documented and recycled while the status of the remaining 80% e-waste is uncertain.
This means that in many countries, there are no appropriate disposables or recycling schemes. The developed countries export e-waste for recycling to developing countries as the cost is comparatively lower. This raises the e-waste burden on emerging markets.
Electronic scrap generation and its treatment processes have been regulated in most countries around the world. The European Union (EU) has allowed all producers of electronic goods to be responsible for end-of-life care treatments.
Some of these requirements include the Restriction of Hazardous Substances Directive (RoHS), the Basel Convention, and the Waste Electrical and Electronic Equipment Directive (WEEE). Waste management policies and schemes increase jobs, transfer technological knowledge, helping to alleviate poverty and reduce health hazard.
Other main drivers behind the growth of e-waste management are the growing use of smart technology, the choice for green packaging, use of renewables and materials, modification of production processes, growth in emerging markets, and higher rates of replacement of advanced electronic products.
Nonetheless, e-waste disposal costs would likely restrain the market growth. Moreover, the high cost of recovering the materials remains the major obstacles for growth in e-waste management.
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