For last decade we became more e-society than for the whole 20th century. Not just because of all type of communication and information is electronic, but because we generate electronic waste more and more. And, in my opinion, it rapidly pushes the growth of new sector in the recycling business.
Why it gives such confidence?
Simply have a look on the following facts:
According to UNEP an estimated 50 million tons of e-waste are produced each year globally.
70% of heavy metals in landfills in the U.S. comes from discarded electronics, with similar ratios from developing and industrialized nations.
Only about 15-20% of e-waste is recycled. The rest goes directly into landfills and incinerators.
Waste contains valuable materials including aluminum, copper, silver, zinc, lead, palladium and gold.
Global E-Waste Market Volume, M tons
Total e-waste revenue generated from the e-waste management market is expected to be USD 20.25B. in 2016 (2011 – USD 9.15B)
Global E-Waste Market Value, USD bn
The global volume of e-waste generated is expected to reach 93.5
million tons in 2016 (41.5 million tons in 2011 at a compound
annual growth rate for 5 years of 17.6 percent)
2006: 6.6 bln
2025F: 7.9 bln
2050F: 9.1 bln
Generates increased demand
for real estate, transportation, consumer
Increasing demand for
and waste management
2025F: increase of 54%
2030F: increase of 40%
Demand for fuel efficiency,
recyclability, and environmental