The global e-scrap market was valued at 43.7 million tons in 2015 and is expected to reach 79 million tons by 2024, expanding at a CAGR of 5.6% from 2018 to 2024.
The global printed circuit board (PCB) e-scrap market was valued at 1.46 million tons in 2015 and is expected to reach 3.14 million tons by 2024, expanding at a CAGR of 7.3% from 2018 to 2024. The global market for e-scrap is driven by increased use of electronic products and shorter product lifecycle. Also, conversation of energy and resources and economic advantages of e-waste recycling and stringent regulations governing the collection and processing of e-waste is expected to increase demand for e-scrap recycling. However, focus on recycling unprocessed e-waste and geographical opportunities for recycling companies is anticipated to present several growth opportunities over the forecast period. In terms of volume, Asia Pacific was the largest regional market for e-scrap market, accounting for around 39.8% of volume share and 39.3% of value share in 2015. Moreover, the region is expected to dominate the e-scrap market throughout the forecast period. The Asia Pacific e-scrap market is primarily driven by high production from household appliances.
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