London, 10 October 2014 – TechNavio has published a new market research report on the E-Waste Management Services Market in China, which is posting a 19.41 percent CAGR from 2014-2018.
E-waste recycling and reuse services help reduce the toxic impact of abandoned electronics on the environment. These services also help recover valuable electrical and electronic resources needed to manufacture new products.
About the Report
The latest report by TechNavio focuses on the availability of valuable materials in e-waste. Elements like gold, silver, aluminum, platinum, mercury, lead and cadmium can all be found in old electronics. The report also emphasizes the increasing number of vendors in the APAC region that provide e-waste management services.
“The APAC region generates about 272 million metric tons of waste per year, including e-waste, and China accounts for 70 percent of the waste generated in this region. China has surpassed US in terms of volume of waste generated every year and is expected to produce twice the volume of municipal waste by 2030,” says Faisal Ghaus, Vice President of TechNavio.
“Government incentives and availability of huge volumes of valuable e-waste is influencing many vendors to establish their foothold in the Chinese market, which will propel the market growth through the projected period.”
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Availability of Valuable Materials in E-waste
- For a full detailed list, view our report.
Market Challenges:
- Restrictions in Export of Rare Earth Minerals
- For a full detailed list, view our report.
Market Trends:
- Increased Number of Vendors in APAC Region
- For a full detailed list, view our report.
Key Vendors:
- SIMS Recycling Solutions Holdings
- Umicore SA
- Waste Management Inc.
Other Prominent Vendors:
- E-waste Systems
- Tanke
- Tetronics
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