Indian E-Waste Market Growing at 26% CAGR to 2019, Says a New Electronic Waste Industry Research Report on India

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ReportsnReports.com adds “E-Waste Market in India 2015-2019” an electronic waste research report on Indian industry of 73 pages that recognizes Attero Recycling Pvt. Ltd., Earth Sense Recycle Pvt. Ltd., Ecoreco and SIMS Recycling Solutions as the key players and companies in the E-waste Market in India.

According to E-Waste Market in India 2015-2019 research report  the need to prevent biological hazards is one of the major trends upcoming in this market. Newer methods of preventing biological hazards have emerged over the years. Growing needto reduce toxins discharged from unattended e-waste has triggered more investment in the market. High obsolescence rates of technologies have triggered increased demand for
efficient e-waste management in India. Average discard/replacement rates have increased with a corresponding increase in buying power, advances in technology, growth in the IT industry, and increased awareness among the country’s younger populace.

Further, the report states that lack of effective e-waste disposal mechanisms is hindering market growth. The presence of various toxic substances in e-waste invites the frown of environmentalists, which could lead to filing of PILs. This could significantly affect market growth in the future. Unmanaged e-waste allows the seepage of several toxic substances that could cause immense harm to our overall ecosystem.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors mentioned above.

Other Prominent Vendors in Indian E-Waste market are: A2Z E-Waste Management Ltd., Ramky E-Waste Recycling, E-Coli Waste Management Ltd., E-Parisara Pvt. Ltd., Unique Echo Recycle, Greenscape Eco Management Pvt. Ltd., Greentek Raman Pvt. Ltd., Intarvo Formulae Recyclers Services Pvt., TIC Group India Pvt. Ltd., E-Waste Recyclers India and Bharat Oil and Waste Management Ltd. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=321838 .

E-Waste or Electronic Waste broadly describes loosely discarded, surplus, broken, obsolete, electrical and electronic devices. E-Waste is an area of immediate and long term concern as its unregulated accumulation and recycling can lead to major environmental degradation which will pose a major threat to human health. Revolution of IT, new and innovative technologies and globalization of economy have made new electronic products available and affordable. But on the other hand, it has also led to unrestrained resource consumption and E-Waste generation. Developed countries such as US as well as developing countries such as India face the problem of E-Waste. Rapid growth of technology, up gradation of technical innovations and high Obsolescence rate have led to one of the fastest growing waste streams consisting of old electrical and electronic equipment products. E-Waste comprises of whole range of electronic and electrical items such as computers and printers, mobiles, i-pods, refrigerators, washing machines etc. Minimization of waste, development of cleaner products, environmentally sustainable recycling and disposal of waste, e-waste policy initiatives and adoption of scientific methods of recycling and disposal of E-Waste are the mains issues which need to be addressed to mitigate the effects of E-Waste.

Analysts forecast the E-Waste Market in India market to grow at a CAGR of 26.22% over the period 2014-2019. The report covers the E-Waste Market in India forecast and its growth prospects in the coming years. The report also includes the segmentation on the basis of Disposal Technique and Waste Generation.

The E-waste Management Services market in China is forecast to grow at a CAGR of 19.41% over the period 2013-2018 according to another research report on e-waste industry for China titled E-waste Management Services Market in China 2014-2018 and available at http://www.reportsnreports.com/reports/312608-e-waste-management-services-market-in-china-2014-2018.html . The E-waste Management Services market in China can be segmented into five: Collection, Refurbishment and Reuse, Asset Management and Logistics, Triage and De-Manufacturing, and Material Processing and Recovery. This research has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the E-waste Management Services market in China and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Mohit Bansal(23) is B.Tech in Electronics and Communication Engineering from Indian School of Mines, Dhanbad, India. He has interest in business and entrepreneurship and has published couple of research articles. He is also associated with various NGOs. He is with Techaloo when it was just in concept stage. The Techaloo site was not existing even then. Currently Mohit is working with Mu Sigma as a Business Analyst Profile.

One Comment

  1. Mayank says:

    Great article. I have interacted a few people who are working on some idea to acreate a business out of it. I believe there is a lot of scope in E waste

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