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The electronic waste recycling market size is forecast to increase by USD 28.25 billion at a CAGR of 21.54% between 2023 and 2028. The market is experiencing significant growth due to several key factors. Strict regulations imposed by the US Environmental Protection Agency (EPA) and other government bodies for responsible e-waste disposal are driving market expansion. The increasing consumption of consumer electronics, such as smartphones, laptops, and televisions, has led to a substantial increase in the generation of e-waste. E-waste contains valuable resources, including precious metals like palladium, gold, and silver, as well as plastics, glass, and other materials. However, a major challenge persists in the form of insufficient awareness among consumers regarding proper methods of e-waste segregation. This results in the improper disposal of electronic equipment, leading to potential hazards for human health and the environment. Electronic waste contains hazardous elements such as heavy metals, which can leach into soil and water if not disposed of properly. Unprotected laborers involved in the informal recycling sector are also at risk of exposure to these hazardous substances. Common electronic waste includes discarded computers, television sets, and cell phones. Effective solutions include the establishment of certified e-waste recycling facilities and public awareness campaigns to encourage proper disposal methods.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Material
7 Market Segmentation by Source
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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