The Global e-Waste Management market will grow at a CAGR of 14.6 percent through the period 2013 to 2018.
E-Waste management is a business that institutes an ensured value chain to collect out-of-date electrical and electronic products, which are called e-Waste.
One of the major trends seen in this market is the kick in methods of preventing biological hazards. The high need for minimizing toxins emitted from e-waste has forced governments and vendors to invest in the market.
In addition, increased awareness of the need to reduce environmental pollution is a major driving factor in the market. Growing e-waste not only affects the environment but also affects the health of human beings.
Besides, the report states that managing the negative effects of e-waste is a major challenge in the market. Unmanaged e-waste creates seepage of toxic substance, leading to a fall in the growth of the Global E-waste Management market.
The Global e-Waste Management market can be segmented into household appliances, IT Communication Technology, consumer electronics and others sectors.
Key vendors in international market include American Retroworks, California Electronic Asset Recovery, SIMS Recycling Solutions Holdings and Waste Management.