Global e-scrap volume to triple by 2019

Worldwide – The global e-scrap market will reach a value of US$ 46 billion (Euro 33 billion) by 2019, according to a new report published by US-based Transparency Market Research.

The report valued the market at US$ 9.8 billion in 2012 and predicts an increase of 23% over the next six years, taking it to US$ 41 billion by 2019. In terms of volume, the market was 48 million tonnes in 2012 and it is estimated will be 141 million tonnes by 2019.

Computers formed the largest segment of electronic products being recycled in 2012 and are expected to maintain their dominance in the future, thanks to the speed of microchip developments and a decrease in computers’ average life cycle.

Take-back programmes launched by major mobile phone producers are expected boost this segment. The research indicates that Asia will be be the fastest growing market for electronics recycling in coming years.

For more information, visit: www.transparencymarketresearch.com