Global E-waste Market is Forecast to Reach 53 Million Tonnes by 2012 Says New Report

PRLog (Press Release) - Dec 15, 2009 -
According to the report “Global E-Waste Market 2008-2012” available at http://www.reportbuyer.com/go/INF00665 globally, around 40 million metric tons of e-waste is generated each year. Such waste is mainly generated by obsolete computers, printers, and electrical equipment. Other contributors to e-waste include plastics, screens, printed circuit boards, pollutants, metal plastic mixtures, and cables. In the IT industry, personal computers are the major contributor to e-waste.

According to TechNavio researchers, “The global e-waste market is forecast to reach 53 million tonnes by 2012 from 42 million tonnes in 2008; thus growing at a CAGR of 6 percent.”

Metals comprise 60.1 percent of the total e-waste, states the report, These metals include iron, aluminium, gold, silver, platinum, and hazardous metals like arsenic, and lead.

The e-waste management market comprises revenues generated from recycling e-waste. The various products obtained from recycling such as metals, plastics, glass are the main purveyors of the market's revenues. ICT e-waste, especially computers, contains precious metals such as gold, copper, etc. Extracting these metals and selling them has become a lucrative business, considering the soaring prices of gold and silver. Also, the process involved in extraction is cost effective.

The report provides global e-waste estimates, projected growth rates, composition by segment, ICT segment contribution, ICT e-waste growth estimates, market trends, and growth drivers. It also profiles some of the e-waste management vendors.

The report “Global E-Waste Market 2008-2012” is available from Report Buyer at:
http://www.reportbuyer.com/computing_electronics/hardwar ...

Report Buyer product ID: INF00665   

About Report Buyer.
Report Buyer
(http://www.reportbuyer.com/computing_electronics/hardwar ...) is the independent online store for global business information. The website now lists more than 100,000 company overviews, market research reports, industry studies and business books from over 290 specialist publishers. Thousands of professionals from across the world make ReportBuyer.com their first choice in their search for quality business insight.