Electrical and electronic waste shall comprise electrical and electrical equipment which is discarded as waste intentionally. Informal recycling in smaller, unorganized enterprises can lead to serious chemical hazards for the workers and communities. It is not clear whether formalization into larger, better controlled recycling (e-recycling) systems can solve environmental and health problems at work.
The manufacturing industries in computer and electronics sector produce products which are subsequently recycled by industry operators. When sales are higher, more electronic products are manufactured and placed on the market, the stockpiles of recycled electronics increase and industry demand increase. Electric waste can be dangerous for both the environment and all livelihoods in the long run. Therefore it is absolutely necessary to recycle these e-wastes.
As reported by TMR, these are 3 factors influencing the global electronic recycling:
Growing Disposal of Appliances
Every year, approximately 2 million tons is disposed of in the United States. Furthermore, only 10% of the country’s total e-waste is estimated to be recycled, posing serious environmental threats. As e-waste contaminates all three- soil, air, and water, electronic wastes have come to light as one of the major ecosystem threats. E-waste contain highly toxic substances including mercury, plumbing, cadmium, arsenic, etc. The growing user inclination towards technologically advanced gadgets has replaced millions of coolants, TV sets and cell phones with newer versions.
Fluctuations in Raw Material Costs
Because of mined steel cost fluctuations, most manufacturers have been using a closed loop. Therefore steel was the electronic scrap most recycled material, due to the heavy electronic use of Steel. Moreover, the commercial sector was the largest recycling contributor based on equipment sources. This is because of the developments in infrastructure in developing economies.
Dire Need for Sustainability
The growing awareness of environmentally friendly goods will also stimulate demand on the market. The growth in the global recycling market over the next couple of years are also likely to stimulate factors such as environmental sustainability programs, limited duration of electronic products, the existence of rare earth metals and high rates of obsolescence. The electronic recycling market has a huge potential in the future, as a result of the daily production of so much e-waste. More awareness on how to recycle is aimed at ordinary people in the initial stage.
In 2012, the electronic recycling was dominated by Europe, followed by North America. Because of cheap labor and no compulsory recycling legislation, most e- waste was imported from developed countries into developing countries like China, India, and Pakistan. Moreover, e- waste is expected to rise in South Africa in the forthcoming years.
Prominent vendors in the global electronic recycling market are AERC Recycling Solutions, Dlubak Glass Company, Eco-Tech Environmental Services Inc., Sims Metal Management Limited, CRT Recycling Ltd., and ortune Plastic & Metal, Inc.
Get More Information About Electronic Recycling by TMR