E-Scrap and Printed Circuit Board (PCB) E-Scrap Market: Key Players and Production Information analysis with Forecast 2016 - 2026

The global e-scrap and printed circuit board (PCB) e-scrap market features a diversified and highly fragmented vendor landscape, with players focusing on rising growth opportunities across emerging economies, observes Transparency Market Research in a recent report. Rising numbers of stringent regulations pertaining to the proper management and disposal of e-waste in emerging economies are compelling companies to expanding across regions such as Asia Pacific and Latin America through mergers and acquisitions.
According to the report, the global printed circuit board (PCB) e-scrap market will expand at an impressive 7.3% CAGR from 2017 to 2027. At this pace, the market is expected to rise to a potential of 3.32 mn tons by 2027. Over the same period, the market for e-scrap is expected to clock in a CAGR of 5.6%.
Household Appliances to Continue to Remain Key Source of e-scrap and PCB e-scrap
Of the key sources of e-scrap and PCB e-scrap, the segment of household appliances presently accounts for the dominant share of the total volume acquired by the overall market. The segment is also expected to remain the key contributor of e-scrap and PCB e-scrap over the next few years owing to the rising usage of complex electronics devices such as smartphones, laptops, tablets, and a variety of connected devices.
From a geographical perspective, the market in Asia Pacific is presently the most promising and lucrative regional market for e-scrap and PCB e-scrap. The thriving consumer electronics industry and the rising regulations pertaining to the proper disposal of e-waste and the increased demand for copper and other metals in the fields of telecommunication and construction in the region are the key factors attributed to its dominance. The regional market is expected to rise to a revenue valuation of US$ 35.38 bn by 2027.

Comments

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

Military Land Vehicle Electronics Market: Latest Trends and Forecast Analysis up to 2019 - 2027

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027