E-waste Recycling Market Forecast | Size To Expand Momentously Over 2022-2031

NEWS PROVIDED BY

Prudour Pvt Ltd

June 21, 2022, 11:34

The recycling of electronic waste (e-waste) is a growing industry, with global sales expected to reach USD 29.5 billion by 2025.

NEW YORK CITY, NEW YORK, UNITED STATES, June 21, 2022 /EINPresswire.com/ -- Market.us extend presents detailed insights and a adapt forecast of the "E-waste Recycling market" in a new report titled, "E-waste Recycling Market Growth | Promising Growth Opportunities and Forecast by 2031" .

The United States generated the most e-waste in 2016, according to a study by the Environmental Protection Agency (EPA). More than 50 percent of all e-waste comes from consumer electronics. The materials that make up an e-device can include plastics, metals, glass and other materials. E-waste consists of more than just old smartphones and computer monitors.

As a result, The report states that the overall global E-waste Recycling market will projected to expand at 7.7% compound annual growth rate (CAGR), revenues are envisaged to exceed from USD 2024.2 Mn in revenue by 2018. Owing to the ongoing COVID-19 crisis, the E-waste Recycling market witnessed stagnated sales in 2021. The rising demand from the industry is contributing to the E-waste Recycling market growth (pre-pandemic) status in 2022. READ MORE…