Global Electronic Scrap Recycling Market Challenged by High Costs Involved in Recycling


Published Date : Mar 17, 2016

The global electronic scrap recycling market is projected to witness remarkable growth in the coming few years. Several factors will drive the growth of the global electronic scrap recycling market. Let us take a look at them.

Drivers of Global Electronic Scrap Recycling Market
The global electronic scrap recycling market is driven by the elevated use of electronic products around the world. Moreover, the market is also driven by the short product lifecycle of electronics. Another factor driving the global electronic scrap recycling market is the conservation of energy and resources associated with e-waste recycling. Furthermore, e-waste recycling also offers significant economic advantages. The growing focus on the prevention of environmental and health hazards will also fuel the global electronic scrap recycling market. In addition to this, the global electronic scrap recycling market will also be driven by the stringent regulatory framework related to collecting and processing of e-waste.

The global electronic scrap recycling market is driven by growing number of alternative methods that are replacing mechanical separation of PCBs and its related components. Further to this, the elevated focus on increasing the recycling capacity of electronic scrap by companies will also benefit the global electronic scrap recycling market.

Restraints of Global Electronic Scrap Recycling Market
Although the global electronic scrap recycling market will be driven by the aforesaid factors, it will be challenged by the high costs associated with recycling process. Technical barriers will also continue to restrain the global electronic scrap recycling market. The issues related to smelting and refining processes of e-waste recycling are a burning issue for the global electronic scrap recycling market.

Opportunities in Global Electronic Scrap Recycling Market
Players in the global electronic scrap recycling market will benefit from the market opportunities presented by the rising focus on recycling unprocessed e-waste. Another key opportunity for players in the global electronic scrap recycling market comes from the emerging countries that have a large amount of e-waste. This trend is projected to benefit local and international companies in the global electronic scrap recycling market significantly.

The key players operating in the global electronic scrap recycling market are Aurubis, Mitsubishi Materials, Outotec Oyj, Ultromex, and Umicore.