Electronic waste recycling is the reprocessing of electrical and electronic equipment of different types which have been discarded so as to reuse it. The electronic wastes include household appliances such as TV, air conditioners, computers, mobile phones, laptops, DVDs, oven, microwave, fans, heaters, toasters and others. Recycling of electronic waste is an upcoming trend which growing immensely as there is a severe need to protect human and environmental health. Electronic wastes have a very high impact on environment, the pollution due to the increasing electronic wastes as led to the recycling of electronic waste on a larger scale.
Recycling of electronic waste includes two methods as the traditional manual disassembly method and automated process. The automated process is majorly preferred, it consists of 6 steps which are- picking shed, disassembly, first size reduction process, second size reduction process, over band magnet, non-metallic and metallic components separation and water separation.
The study indicates that the major driving factor for the Electronic Waste Recycling market is the increasing quantity of electronic wastes and the environmental concerns. It has been observed that governments of different countries are taking initiatives for managing and recycling the electronic wastes. Moreover, the original equipment manufacturers (OEMs) and non-profit organizations are also taking special efforts for electronic waste recycling.
The global Electronic Waste Recycling Market is expected to grow at USD ~26 Billion by 2022, at ~17% of CAGR between 2016 and 2022.
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