The waste management industry has been utilizing printed circuit board scraps (PCB e-scraps) for extracting useful materials. PCB e-scrap has been source to new materials, given the recent consumer consumption patterns, especially of households in developing and developed economies. The drive for e-scrap and PCB e-scrap market has further received traction on account of deployment of new waste-collection methods, recycling technology, and treatment methods. Governments in collaboration with the industry has put equal focus on all the elements, thereby bringing new avenues for investments for stakeholders in e-scrap collection and recycling markets.
To a great deal, their focus gathers strength from the increasing trend of recycling for circular economy and the need for reducing the environment impact of these scraps if they are not adequately disposed of recycled. The last factor is due to a large part of the recycling is done by the informal sector.
The advent of modern recycling technologies focus on approaches promoting ecologically friendly and economically better ways of recycling. As a result, various ferrous metals have been recovered, thus boosting new investments in the e-scrap and PCB e-scrap market. Over the years, there has been proliferation of production of waste containing telecommunication circuit cards.
Among all regions, Asia Pacific has in recent years has seen this problem garnering attention of national players and policy markets. Of note, China has been a key driver for the developments in the Asia Pacific e-scrap and PCB e-scrap market. Both the countries are by far the largest generators of e-waste, particularly those containing PCBs. Governments in these nations have also become aware of the value chain gaps in the market, and have been supporting frameworks that can recycle PCB e-scraps efficiently and keeping in mind the environment. The governments is also keen to address the larger concern of economic circularity, supporting new technologies in the overall e-scrap and PCB e-scrap market.
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Global E-Scrap and PCB E-Scrap Market: Snapshot
With advancements in technology, the demand for electronic and electrical equipment has risen dramatically. Persistent innovations in electronic and electrical technologies have further shortened the use-life of electronic and electrical products. This has enhanced the generation of e-waste or waste from electronic and electrical equipment. E-waste primarily comprises laptops, computers, mobile phones, television sets, and other electrical or electronic household appliances.
The report on e-scrap and printed circuited board e-scrap market provides the analysis and forecast on regional as well as global level. It offers historical data of the year 2015 along with the anticipated data of 2016, and a forecast data up to year 2026 in terms of revenue as well as volume. The report also provide vital driving and impeding factors for the development of the global e-scrap and printed circuited board e-scrap market and their impact on each region over the duration of the given forecast period.
The report also offers the value chain analysis of the market with a list of key players. The research report on the global market for e-scrap and printed circuited board e-scrap provides vital growth prospects and key trends and opportunities that may come up in the market over the course of the given forecast period. The research report is the result of in-depth and extensive primary as well as secondary research methodologies backed by crucial market insights offered by the industry professionals.
E-Scrap and Printed Circuit Board (PCB) E-Scrap Market: Trends and Opportunities
The global market for e-scrap and printed circuited board e-scrap is chiefly driven by the increasing number of electronic products in households of urban areas. This growth in products can be attributed to growth in the disposable income of people in these areas. They are generating maximum amount e-waste from which recovering different metals is very important so as to save energy. In addition to this, recycling of this electronic waste also helps in bringing down the burden on the mining sector to provide primary metals.