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

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By: Joe Walsh
 
Dec. 15, 2009 - PRLog -- 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/hardware...

Report Buyer product ID: INF00665   

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